DPM in regional talks on disaster resilience
Disaster resilience and sustainable growth were the focus of a Caribbean summit attended by the deputy prime minister this week.K Peter Turnquest particicipated in the ninth annual Caribbean Forum on Regional transformation for inclusive and sustaina
Abaco's instant VAT free 'fantastic news'
The Abaco Chamber of Commerce’s president yesterday hailed as “fantastic news” the Prime Minister’s decision to make the island immediately VAT free, but warned that questions remain. Ken Hutton queried whether Nassau-based businesses would be place
ART OF GRAPHIX: The flowering of creativity
It is often said that not all gifts are created equal, which is something that design trendsetter, Machelle Brown, can attest to. This designer is often referred to as a “cut above the rest” in her field, as she produces impressive designs throughout
Creative village gains $93k venture funding
A village of Bahamian businesses offering cultural experiences for visitors has secured a $93,000 equity investment through the Small Business Development Centre (SBDC). iDiscover, which offers experiences including three chefs, 10 farmers and 16 cr
Bahamians can handle Abaco debris clean-up
Bahamian companies have the necessary equipment and capacity to handle the massive clean-up of Abaco’s Dorian debris, a local contractor involved in the effort is arguing. Atario Mitchell, president of Caribbean Pavement Solutions (CPS), said: “For
BTC suffers $30m blow from Dorian
The Bahamas Telecommunications Company (BTC) has been dealt a $30m blow by Hurricane Dorian with network repairs set to last into 2020, it was revealed last night.
Nassau/PI hotels enjoying a 25% revenue boost
Large Nassau/Paradise Island hotels enjoyed a 25 percent “revenue boost” for the first nine months of 2019 as Hurricane Dorian only had minimal impact on its September performance. The Central Bank of The Bahamas, unveiling its report on economic de
Govt urged: Get GB airport deal closed 'before too late'
A top Freeport hotelier yesterday warned the government it has little time to acquire Grand Bahama International Airport “before it’s too late” to swiftly rebuild the island’s tourism product.Magnus Alnebeck, Pelican Bay’s general manager, told Tribu
Union's 'red flag' over CIBC buyer
The Bahamas Financial Services Union’s (BFSU) president yesterday voiced concerns about an early “red flag” that has been raised over CIBC FirstCaribbean’s proposed purchaser. Theresa Mortimer told Tribune Business that initial checks with Colombian
Oil explorer gains near certainty on well funds
An oil explorer yesterday said it has achieved near-certainty over the financing of its first Bahamas exploratory well after its latest $11.4m fund raising raise beat the target by 60 percent.Bahamas Petroleum Company (BPC), in a statement to the mar
BAMSI, Tourism team on fishing guide certification
The Bahamas Agriculture and Marine Science Institute (BAMSI) is teaming with the Ministry of Tourism to certify the “new generation of fly-fishing guides” that is key to growing the industry.The two public sector entities, unveiling the fly fishing c
Govt 'vets' aircraft registry agreement
The government is “vetting” the proposed contract that will formally launch the creation of a Bahamas aircraft registry, a Cabinet minister said yesterday. Dionisio D’Aguilar, minister of tourism and aviation, declined to commit to a timeline for wh
Abaco resort to 'keep hope alive' through pizza addition
An Abaco resort is aiming to complete its new pizzeria by February 2020 as it seeks to rebuild from “major damage” inflicted by Hurricane Dorian. Joshua Stivers, the Treasure Sands Club’s managing director, told Tribune Business it was “not focusing
Ex-Bahamas tourism official to be honoured
A Bahamian tourism executive will be honoured at the Caribbean Media Exchange (CMEX) Leadership Awards 2019 for more than 35 years of service to the industry. Frank Comito, pictured , the former Bahamas Hotel and Tourism Association’s (BHTA) executi
Central Bank: Dorian inflicts a $2.5bn blow
The Central Bank's governor yesterday forecast that total Hurricane Dorian losses could exceed $2.5bn at the "low end" - a sum equivalent to 20 percent of The Bahamas' total economic output.
