'Pandemonium' doubles water producer's sales
A Bahamian bottled water supplier yesterday said the coronavirus pandemic has sparked “pandemonium” among consumers with online delivery orders soaring four times’ higher than normal levels. Christian Knowles, Aquapure’s senior manager, told Tribune
Public transport demand off 40%
The number of passengers using public transportation was yesterday said to have decreased by 40 percent due to the coronavirus-imposed 30-day cruise industry shutdown and school closures. Harrison Moxey, the United Public Transportation Company’s (U
'No headroom' over COVID-19 fiscal stimulus
The government “doesn’t have the headroom” to rescue the Bahamian economy from the coronavirus crisis through a package of tax cuts and waivers, a governance reformer argued yesterday. Robert Myers, pictured , the Organisation for Responsible Govern
Potter's Cay suffers mixed virus impact
Potter’s Cay vendors yesterday disclosed that the coronavirus has had a mixed impact on business to-date, with some saying it was “down bad” and others seeing minimal effects. Sandra Ferguson, the Midnight Spot’s general manager, told Tribune Busine
Banks: 'Too early' to predict COVID-19 hit for bad loans
The Clearing Banks Association’s (CBA) chairman yesterday said it was “too early” to predict how the economic fall-out associated with the coronavirus will impact the sector’s non-performing loans. Lasonya Missick, in an e-mailed response to Tribune
Hilton give staff vacation 'option'
The British Colonial Hilton yesterday confirmed it has given staff the “option” of taking two weeks’ vacation leave as it joins Atlantis in seeking to reduce labour costs amid the coronavirus pandemic. Pablo Casal, the downtown Nassau resort’s gener
Commission suspends its on-site examinations
The Securities Commission yesterday said it has suspended all “routine” on-site examinations of its capital markets and investment funds licensees in response to the coronavirus epidemic. The financial services regulator, confirming that the suspens
Bay Street shutdown branded 'lifetime first'
A prominent realtor yesterday described Bay Street’s virtual shut-down as a “lifetime first” as his firm moved to join others in working from home amid the coronavirus pandemic.Mario Carey, principal of Better Homes and Gardens Real Estate MCR Group
GB Power unveils coronavirus plans
Grand Bahama Power Company yesterday said it has initiated measures to both prevent the spread of the coronavirus and provide customers with some relief from the economic fall-out. To help safeguard the health and well-being of employees, contractor
Ardastra Gardens takes coronavirus precautions
Ardastra Gardens yesterday said it will remain open despite the drop-off in tourist traffic as it implements precautionary measures to counter the coronavirus. “In an effort to keep our staff and the animals healthy and safe, we’ve temporarily suspe
Security chief warns on virus-related crime spike
The founder of a private security firm yesterday urged Bahamians to exercise extreme caution in the coming weeks amid forecasts of a spike in crime due to coronavirus-related unemployment.Elston Bain, pictured, a 16-year veteran of the Royal Bahamas
Bay Street braces for 50% sales hit
Bay Street merchants yesterday revealed they are bracing for at least a 50 percent sales hit due to the 30-day cruise industry shutdown as several mull closures amid the coronavirus pandemic. Maria Liminatis, the Fashion Centre’s general manager, to
BPL Board to consider disconnection suspend
Bahamas Power & Light’s (BPL) status as “a broke company” means it will be challenged to suspend customer disconnections when its board meets today to discuss the issue.
'Matter of time' before Atlantis unpaid leave is sector norm
The hotel union’s president yesterday said it was “only a matter of time” before other resorts follow Atlantis’s lead in asking staff to “volunteer” to take two weeks unpaid leave amid the COVID-19 crisis. Darrin Woods told Tribune Business that the
Governor: $2bn reserves enough to overcome virus
The Central Bank’s governor yesterday reassured that $2bn in external reserves are enough to meet The Bahamas’ foreign currency needs despite the “major reduction” projected due to the virus.John Rolle, in e-mailed replies to Tribune Business questio
