Chamber chief: 50% of firms not totally insured
The Chamber of Commerce’s chief executive yesterday underscored the difficulties in recovering from Hurricane Dorian by revealing that around 50 percent of storm-hit businesses were not fully insured.
Dorian destroys 30% of realtor's business
A leading Bahamian realtor yesterday pledged to “put Humpty Dumpty back together again” after Hurricane Dorian wiped out up to 30 percent of his business. George Damianos, pictured , president and managing broker of Damianos Sotheby’s International
'Bottom feeders' targeting Abaco
A leading realtor yesterday revealed that “bottom feeders” are inquiring whether they can purchase Abaco real estate cheaply as a result of Hurricane Dorian’s devastation. Mario Carey, pictured , founder of Better Homes and Gardens Real Estate MCR B
Dorian victims told: 'Don't reach for sky' on recovery finance
Hurricane Dorian victims were yesterday urged by a well-known banker not to sacrifice their future financial well-being by over-borrowing to recover from the storm’s devastation.Gowon Bowe, pictured, Fidelity Bank (Bahamas) chief financial officer, t
Baha Mar: Dorian relief to 'offset' cancellations
A senior Baha Mar executive yesterday said bookings from relief workers were expected to “offset” leisure traveller cancellations triggered by Hurricane Dorian. Robert Sands, pictured , Baha Mar’s senior vice-president for government and external af
Clarification
In an article headlined Half of Dorian victims lack insurance cover, published on September 11, comments were attributed to Warren Rolle, the Bahamas Insurance Association’s (BIA) chairman, calling for Bahamians to understand their insurance policies
ART OF GRAPHIX: Design criticism 'sting' is just a growing pain
Critique is a must. We cannot label ourselves as designers if we are unable to give or take criticism. Criticism is a very powerful tool for many kinds of problems. It is not just to assess designs; it is for use in creating a better business plan, o
BAIC raises queries over dorian oil spill
Bahamas Agricultural and Industrial Corporation (BAIC) officials have visited Grand Bahama’s South Riding Point terminal to assess the oil spill and damage inflicted by Hurricane Dorian.The corporation, in a statement following its Tuesday inspection
Cruise line promises 29% Nassau call rise
Royal Caribbean Cruises has pledged it will make more than 100 vessel calls on Nassau over the next few months in a bid to boost the post-Hurricane Dorian economic recovery.The cruise line said it was resuming all calls to The Bahamas, and re-opening
Shipyard delivers sign of post-Dorian rebound
Grand Bahama Shipyard (GBS), pictured , yesterday delivered “a significant sign” of post-Dorian recovery by reopening and welcoming back its first commercial vessel. The 57,062-ton Agathonissos , owned by Greece-based Eletson, returned to the facili
Lucayan chief aims to 'ratchet up' sales talks
The Grand Lucayan’s chairman yesterday said he is aiming to “ratchet up” talks for the resort’s sale given that Freeport needs an “economic booster” more than ever after Hurricane Dorian. Michael Scott, who heads the government-owned vehicle that co
$100m disaster loan drawdown 'within 2 weeks'
The government will make its first drawdown on the $100m Inter-American Development Bank (IDB) disaster recovery loan facility “within the next two weeks”, a top official has confirmed. Marlon Johnson, the Ministry of Finance’s financial secretary,
Half of Dorian victims lack insurance cover
Bahamian insurers yesterday warned that up to three-quarters of property owners in the areas Dorian hit hardest may be unable to gain full compensation for their losses.Members of the Bahamas Insurance Association (BIA), addressing Dorian’s implicati
Oban brushes off ‘insane’ warning over oil spillage
Oban Energies “remains confident” in the environmental soundness of its $5.5bn oil storage/refinery project despite warnings it would be “insane” to proceed given the post-Dorian spill.
BTC, Aliv at odds on post-Dorian roaming
The Bahamas Telecommunications Company (BTC) and Aliv are at odds over how long customers should be allowed to roam free of charge on each other’s networks in the Dorian-hit islands.Garfield “Garry” Sinclair, BTC’s chief executive, yesterday told Tri
