Bran: Suspend NIB, business licence fees for two months
The DNA’s ex-leader yesterday urged the government to defer business licence and National Insurance Board (NIB) payments for two months to “ease the strain” on businesses and employees.Branville McCartney told Tribune Business that the Minnis adminis
Club Med closure has San Salvador facing shutdown
San Salvador’s economy was last night facing a month-long shutdown after Club Med yesterday confirmed its Columbus Isle resort will close from this coming Saturday until April 26.A representative for the resort chain, which is owned by the Chinese co
GB Chamber chief fears on 'supply chain impact'
The Grand Bahama Chamber of Commerce’s president yesterday voiced fears that the island’s supply chain will be “seriously impacted” if Balearia joins the Grand Celebration in suspending voyages. Gregory LaRoda told Tribune Business that the potentia
Law School takes a STEP to yearly moot
The Society of Trust and Estate Practitioners Bahamas (STEP Bahamas) teamed with the Eugene Dupuch Law School (EDLS) to stage the annual moot at the British Colonial Hilton. Law School students partnered with Lennox Paton (the defending champion and
Uncertainty rules over cleaning supply restock
Pharmacies and food stores yesterday said they remain uncertain as to when full supplies of Lysol or hand sanitiser will be restored to their shelves amid the coronavirus pandemic. Raymond Albury, the Prescription Centre Pharmacy’s general manager,
Atlantis occupancies at 50% as virus bites
Atlantis yesterday revealed that normally-buoyant occupancy levels for the peak winter period have fallen to 50 percent as “tourism and commerce grinds to a halt” amid the coronavirus pandemic.A spokesperson for the Paradise Island-based mega resort
Virus delay hits oil exploration
An oil explorer has delayed the drilling of its first well in Bahamian waters until late May/early June to ensure the coronavirus crisis does not cost it “millions of dollars”. Simon Potter, the Bahamas Petroleum Company’s (BPC) chief executive, tol
Cruise sector closure 'extremely devastating'
The cruise industry’s 30-day shutdown will be “extremely devastating” for Bay Street and all who rely on the sector for their livelihood, the Downtown Nassau Partnership’s co-chair warned yesterday. Charles Klonaris told Tribune Business that while
Hotels dodge 'even more of a disaster' over coronavirus
The Bahamian resort industry has “escaped even more of a disaster” by getting through much of the peak winter season before the coronavirus fall-out took full effect, a senior hotelier says. Robert Sands, pictured , Baha Mar’s senior vice-president
A perfect storm fuelled by a game of dare on oil prices
The coronavirus is now infecting and killing a growing number of people across the globe, with an increasing number of countries imposing draconian containment measures that are severely impacting the economic growth prospects of the world’s economy.
Taxi chief: 'Never so close to annihilation'
The 30-day cruise industry shutdown means that industries reliant upon it have “never been this close to annihilation”, the Bahamas Taxi Cab Union’s (BTCU) chief is arguing.Wesley Ferguson said of the end to all cruises from the US, in response to th
Cruise island's two-month closure impacts 100 staff
Around 100 staff will be impacted by a cruise line’s decision to close its Eleuthera private island for two months in response to the coronavirus pandemic. Princess Cruises, the Carnival-owned cruise line brand, confirmed that operations on Princess
Tourism businesses feel coronavirus hit
Sandals Emerald Bay resort is among the entities feeling the effects of a coronavirus-inflicted downturn in business. Jeremy Mutton, its general manager, told Tribune Business: “Inevitably with various travel bans and travel restrictions going on ar
Super Value more than triples inventory levels
Super Value’s principal yesterday said he has more than tripled the supermarket chain’s inventory levels to guard against coronavirus disruption, and warned: “Panic buying is not doing any good.”Rupert Roberts revealed that he has increased stock lev
Contractors partner with BTVI to bridge skills gap
The Bahamas Technical and Vocational Institute (BTVI) and the Bahamian Contractors Association (BCA) have agreed a partnership that aims to help close “skills gaps” in the workforce. Michael Pratt, the BCA’s president, said the Memorandum of Underst
