Atlantis pledges $3m to Dorian assistance
Atlantis and its owner, Brookfield Asset Management, have announced a $3m pledge to benefit Hurricane Dorian relief efforts.“All of us here at Atlantis are deeply saddened by the devastation of our sister islands Abaco and Grand Bahama. We are thankf
Building suppliers awaiting 'major pick-up' in demand
Nassau-based building supplies and hardware retailers yesterday said they expect “a significant pick-up” in demand within the next few weeks to assist post-Hurricane Dorian rebuilding.Raymond Collins, of Tops Lumber and Plumbing, told Tribune Busines
Visiting Bahamas 'best thing' to help Dorian recovery
A Cabinet minister has told international travellers that “the best thing they can do right now” to help The Bahamas is visit the islands that were not devastated by Hurricane Dorian. Dionisio D’Aguilar, minister of tourism and aviation, signalled t
Business couple: 'We're not giving up on Abaco'
Two business partners have promised they are “not giving up on Abaco” after their company was one of the few left standing by Hurricane Dorian. Daphne de Gregory and her husband, Nick Miaoulis, both spent five hours holding their own against the cat
$500m Dorian payout 'biggest I have seen'
Insurers yesterday estimated that Hurricane Dorian claims payouts could “easily exceed” $500m, with one top executive revealing: “It’s definitely the biggest event I’ve ever seen.” Tim Ingraham, Summit Insurance Company’s president, told Tribune Bus
GB Power: 80% of Freeport grid survives Dorian
Grand Bahama Power Company’s (GBPC) chief executive said the restoration of customer supply would begin yesterday evening after 80 percent of its Freeport grid infrastructure survived Hurricane Dorian. Dave McGregor, the utility’s chief executive, c
Dorian ‘demands altered approach’ from insurers
Hurricane Dorian’s catastrophic impact “demands that insurers take” a more conciliatory approach to how claims are handled, an outspoken QC urged yesterday.
Moody's: Dorian rebuild hit from insurance woes
The economic boost from Hurricane Dorian recovery “could be limited” by the 60 percent of Bahamian households who failed to fully insure, a global credit rating agency has warned. Moody’s, in an assessment that underlined how the category five storm
Ansbacher: Our $10m is 'wrongfully withheld'
Ansbacher (Bahamas) is accusing a Puerto Rican bank of “wrongfully retaining” $10.087m of its funds that are “urgently needed to honour customers’ transactions”.The Bahamian institution, part of AF Holdings (the former Colina Financial Group), is dem
Regulator 'vigilant' on hoarding and gouging
Regulators are continuing to probe allegations of price gouging involving food items and batteries in the wake of Hurricane Dorian, the Prices Commission’s chairman warned yesterday.Danny Sumner, urging companies to desist from such practices, said t
Carnival affirms $100m cruise port commitment
Carnival Cruise Line has reaffirmed its commitment to its $100m Grand Bahama cruise port project despite the devastation inflicted upon the northern Bahamas by Hurricane Dorian. Giora Israel, the cruise line’s senior vice-president of global port an
Royal Caribbean bring aid to Grand Bahama
Senior executives of Royal Caribbean Cruises Ltd arrived on Grand Bahama at the weekend to personally oversee the company’s relief efforts in the aftermath of Hurricane Dorian.
Colonial Group: We’ll do our part
THE Colonial Group has pledged to support hurricane victims in The Bahamas following the impact of Hurricane Dorian on Abaco and Grand Bahama.
Chamber chair: Abaco will ‘bounce back’
ABACO’S economy will “bounce back” from the ravages of Hurricane Dorian the island’s Chamber of Commerce president said yesterday, telling Tribune Business: “Everything is completely flattened”.
Contractors offer employment assistance for Dorian victims
THE Bahamian Contractors Association (BCA) is looking to assist people impacted by Hurricane Dorian by securing employment among its membership.
