CIBC unveils Dorian client relief measures
CIBC FirstCaribbean has unveiled a series of measures to assist with the rebuilding process for clients impacted by Hurricane Dorian. The bank, in a statement, said it will provide special loans, deferred payments and other concessions for customers
Three hundred Bahamians return to work at Shipyard
Three hundred Bahamian employees have returned to work after the Grand Bahama Shipyard re-opened last Wednesday, showing the island “is on a path to recovery”. “We are extremely pleased to advise that the Grand Bahama Shipyard re-opened for business
Solve Dorian housing crisis by using distressed homes
A well-known realtor is urging the government to use hundreds of repossessed New Providence homes that currently sit vacant to solve the housing crisis created by Hurricane Dorian.Mario Carey, founder of Better Homes and Gardens Real Estate MCR Baham
Renewable provider blasts 4-year hold up
A renewable energy provider yesterday blasted the four-year delay in approving Windsor School’s solar energy system as an “absolute travesty” that has cost him thousands of dollars.Philip Holdom, president of Alternative Power Supply (APS), in a stat
Realtors hail 'awesome' exchange control relax
Realtors yesterday hailed as “awesome” the Central Bank’s proposal to relax exchange controls on residential property deals involving foreign buyers and sellers with effect from October 1. The regulator, in a four-page document outlining its liberal
No Sands Beer for six months
Bahamians will be unable to drink Sands Beer and its fellow beverages for six months after its Freeport-based producer “took a hell of a hit” from Hurricane Dorian’s storm surge.
Rebuild could cost ‘billions and billions’
A Cabinet minister last night predicted it will cost “billions and billions” to rebuild Abaco and east Grand Bahama’s infrastructure after the “awesome challenge” laid down by Hurricane Dorian.
URCA proposes up to 90% cut in call terminate fees
Regulators are proposing up to 90 percent “interim” cuts to a selection of call termination charges levied by the major Bahamian communications carriers, it was revealed yesterday.
Aliv open to BTC rebuilding request on Abaco towers
Aliv’s top executive yesterday indicated it will respond favourably to its main competitor’s request to share mobile infrastructure in Abaco as part of post-Dorian restoration.Damian Blackburn told Tribune Business that the Bahamas Telecommunications
Dorian likely to wipe out 2019 GDP growth
Hurricane Dorian’s “considerable hit to GDP” will likely cause the Bahamian economy to contract in 2019, a former finance minister saying: “We took a real beating squarely on the chin.”James Smith, who held the post during the 2002-2007 Christie admi
Banks told: Bahamas still 'open for business'
A Cabinet minister has pledged that The Bahamas remains “open for business” despite the devastation inflicted on Abaco and Grand Bahama almost two weeks ago by Hurricane Dorian. Elsworth Johnson, minister of financial services, trade and industry an
BTC restores key Marsh Harbour site
The Bahamas Telecommunications Company (BTC) yesterday said it had completed “one of our priorities” by restoring two-way mobile services from its Marsh Harbour airport site. Garfield “Garry” Sinclair, BTC’s chief executive, said: “The Marsh Harbour
Church starts Dorian job finder programme
The New Providence Community Church (NPCC) has started a job placement initiative to help find work for Hurricane Dorian victims temporarily housed at New Providence shelters.Walter Ferguson, the initiative’s co-ordinator, told Tribune Business it ha
Contractors chief calls for 'immediate code revamp'
The Bahamian Contractors Association’s (BCA) president yesterday called for the country’s building codes to be “immediately revamped” as Dorian had shown they are “no longer adequate”.Michael Pratt told Tribune Business that despite The Bahamas havin
'The perfect storm' for our economic viability
Hurricane Dorian was yesterday branded “the perfect storm” to derail an economic and fiscal turnaround that the government wanted to be natural disaster-free for “at least another year”. KP Turnquest, deputy prime minister, told Tribune Business
