Local Business

Subscribe

Entrepreneurs unite local pop-up vendors

Lunch vendors have been brought together at one location by three Bahamian entrepreneurs in the belief that their collective strength will yield greater economic benefits for all. Tin Ferl’s Pop-Up Park at The Dundas Centre for The Performing Arts l

'Worst timed one-two punch' to hit tourism

The coronavirus has teamed with Hurricane Dorian to create “a one-two punch that couldn’t have been worse timed” for Family Island resorts, a top tourism official argued yesterday. Kerry Fountain, the Bahamas Out Island Promotion Board’s (BOIPB) exe

Tease photo

NIB card 'shortage' hits Andros customs move

A “shortage” of National Insurance Board (NIB) smart cards has compounded South Andros’ challenges in switching to Customs’ new Electronic Single Window system, it was disclosed yesterday.Rochelle King-Trabulsy, a Mangrove Cay-based customs broker, t

Arawak Port uses 30-day quarantine

The Nassau Container Port’s operator yesterday revealed that it has extended its quarantine period and restricted shore leave for cargo vessel crew members to help combat the corinavirus. Dion Bethell, president and chief executive of BISX-listed Ar

Tease photo

Global oil slump can lift virus 'pall'

Private sector executives yesterday said the coronavirus was casting “a pall over everything” amid hopes that the substantial fall in global oil prices will cushion the impact for the Bahamian economy.Robert Myers, the Organisation for Responsible Go

Tease photo

Fraudulent checks allegedly hit govt agencies for $2m

The Royal Bahamas Police Force’s top financial crime investigator yesterday urged “vigilance” after it emerged another government agency had allegedly fallen victim to a forged cheque. Superintendent Matthew Edgecombe, head of the Force’s anti-corru

Acting URCA chief: 'We can't regulate in vacuum'

The Utilities Regulation and Competition Authority’s (URCA) interim chief executive says interaction with other supervisory bodies is critical to ensure it does not operate in a vacuum. Shavonne Cambridge, also URCA’s director of utilities and energ

Scotiabank unveils Mastercard tie-up

Scotiabank yesterday unveiled a seven-year agreement with MasterCard to provide new debit cards and an improved digital customer experience in The Bahamas and three other Caribbean countries. The tie-up, which also includes Scotiabank’s operations i

Coconut Festival to beat Dorian effects

The 22nd annual Coconut Festival has shrugged off the devastating blow from Hurricane Dorian and will go ahead as planned at Pelican Point next month, organisers have revealed. “I am here to report that the residents of Pelican Point are resilient,

Caribbean body assists Dorian-ravaged farmers

A Caribbean agricultural body is providing more than $50,000 worth of inputs to help Dorian-devastated farmers recover, it was revealed yesterday. Dr Michelle Singh, country representative for the Caribbean Agricultural Research and Development Inst

Tease photo

Customs officers warned - no moonlighting

Bahamas Customs has warned its officers they cannot moonlight as "de facto brokers" because of the fraud and corruption risks this practice presents, a top Ministry of Finance official has revealed.

Tease photo

US report 'won't impact financial crime list escape'

A withering US report will “not significantly impact” The Bahamas’ efforts to escape a list of nations with deficiencies in their anti-financial crime defences, a risk management specialist said yesterday.Emmanuel Komolafe, pictured, acknowledged tha

Tease photo

Comparing coronavirus to recession, September 11 labelled 'premature'

A Cabinet minister yesterday said he was “not yet prepared to reach the conclusion” that the coronavirus outbreak may match the 2008-2009 recession and 9/11 attacks in its impact on The Bahamas. Dionisio D’Aguilar, minister of tourism and aviation,

Bahamasair chair 'praying' virus not a Sept 11 repeat

Bahamasair’s chairman is “praying” that the Covid-19 virus does not match the September 11 attacks’ impact on travel and tourism, having witnessed that “devastation” first hand.Tommy Turnquest, who was minister of tourism that fateful day, told Tribu

Disney gives maritime academy scholarships

Disney Cruise Line has awarded scholarships to four Bahamian female cadets to attend the LJM Maritime Academy in Nassau. The scholarships, one for each of the ships in the Disney Cruise Line fleet, include two years of study at LJM Maritime Academy