Arawak Cay undergoes management changes
Arawak Cay vendors have been urged to bring rental payments current, and warned that stall sub-leasing must end, as the popular destination’s management has changed hands.Michael Pintard, minister of agriculture and marine resources, told vendors at
Contractors preparing skills data for 'construction boom'
The Bahamian Contractors Association (BCA) is developing a database of construction firms and skilled workers to ensure Bahamians do not miss out on a building boom, its president said yesterday. Michael Pratt told Tribune Business that the absence
Airbnb: Vital to expose the students to tourism
An Airbnb executive yesterday said it was critical to expose Bahamian students to tourism opportunities as part of its responsibility as a “21st century company”. Chloe Burke, the vacation rental facilitator’s public policy associate with responsibi
Minister: GB poised for six-fold visitor increase
Grand Bahama is poised for a near six-fold increase in visitor arrivals from two projects that will be “the catalyst for tourism’s rebirth” on that island, a Cabinet minister revealed yesterday.
Bay Street's 'survival' fears on Royal Caribbean PI deal
Bay Street retailers yesterday reacted furiously to revelations of Royal Caribbean’s planned Paradise Island “beach break” destination, and questioned: “How will we survive?”Leon Griffin, Treasure Bahamas general manager, told Tribune Business he was
DPM: Coronavirus economic fall-out receiving scrutiny
The deputy prime minster yesterday revealed the government is “contingency planning” for the potential negative impact that the coronavirus may have on economic growth and fiscal projections. K Peter Turnquest, deputy prime minister, told Tribune Bu
Nassau/PI hotels enjoy 18% room revenues growth
Major Nassau/Paradise Island resorts shrugged off a modest one percent room revenue fall-off in December to post an 18 percent gain for the 2019 full year, it was revealed yesterday.
Govt earns '$50m net' from Lucayan disposal
The Hotel Corporation’s chairman yesterday blasted that critics of the government’s Grand Lucayan deal have been “left with egg on their face” as it prepares to receive a net $50m from the sale.Michael Scott, who also headed the resort’s board, told
Electricity, shipping delay hits Man-O-War recovery
Shipping delays and the absence of electricity are the major obstacles to Man-o-War Cay’s recovery from Hurricane Dorian. Jerome Petrisko, the Hibiscus Café’s general manager, told Tribune Business: “Man-O-War is recovering very quickly. Everyone is
Bahamas' sixth most expensive ranking not 'accurate portrayal'
The Central Bank’s governor says The Bahamas’ recent ranking as the world’s sixth most expensive country to live in is not an “accurate portrayal” of this nation’s cost of living. John Rolle, speaking during the Bahamian digital currency’s launch in
Small Business Centre in largest financing to-date
A Grand Bahama business has become the largest recipient to-date of financing arranged through the Small Business Development Centre (SBDC). Fowlco Marine and Logistics Management has obtained $500,000 to help repair its Dorian-impacted facilities,
Minister: GB poised for six-fold visitor increase
Grand Bahama is poised for a near six-fold increase in visitor arrivals from two projects that will be “the catalyst for tourism’s rebirth” on that island, a Cabinet minister revealed yesterday.Dionisio D’Aguilar, minister of tourism and aviation, to
‘Pushed into corner’ on Royal Caribbean deal
A Bahamian entrepreneur yesterday voiced fears that his $2m Paradise Island project is being “marginalised” and treated like “a second class citizen” to make way for Royal Caribbean.
AG: Entrepreneur 'extremely selfish'
The attorney general last night accused a local entrepreneur of “extreme selfishness” by rejecting a Paradise Island compromise that was “in the best interests of The Bahamas”. Carl Bethel QC told Tribune Business that it was an “absolutely untrue a
'Oversight' hits web shop patron taxation
A Cabinet minister says the government aims to correct an “embarrassing oversight” in failing to specify when the web shop patron winnings tax takes effect “within the next 30 days”. Dionisio D’Aguilar, pictured , minister of tourism and aviation, t
