Tourism to 'close gap' over 11% booking fall
The Bahamas is “focused on closing the gap” created by a ten to 11 percent fall-off in the forward visitor bookings pace for the key 2019-2020 winter season, a Cabinet minister revealed yesterday.Dionisio D’Aguilar, pictured, minister of tourism and
Flight Services recommendation goes to minister
The government-appointed evaluation committee was yesterday said to have submitted its “recommendations” on the Nassau Flight Services (NFS) privatisation to the responsible minister. Algernon Cargill, director of aviation, declined to be drawn on w
Local institutions to participate in BPL bond issue
Bahamas Power & Light’s (BPL) chairman yesterday confirmed that local institutional investors will be able to participate in the utility’s upcoming mammoth $650m bond refinancing.
GB businesses awarded grants
Several Grand Bahama businesses have received grants from the Small Business Development Centre (SBDC) and the Prime Minister’s Office. Those involved are either existing, looking to expand or start-up, and will be located across the island.The recip
Brewery shrugs off Dorian devastation
Commonwealth Brewery is “cautiously optimistic” on the economy’s short-term prospects after it rebounded quickly from Dorian’s destruction of five retail outlets and a distribution centre.The BISX-listed Kalik manufacturer, unveiling its results for
Tourism: Dorian loss is 'unprecedented'
The Bahamas Hotel and Tourism Association (BHTA) yesterday said Hurricane Dorian had inflicted an “unprecedented economic loss” on Abaco, and the island will take time to recover.The Association, in a brief statement to Tribune Business on behalf of
Tourism on 'critical' Canadian mission
The Ministry of Tourism has been joined by private sector partners on an “absolutely critical” tour of major Canadian cities that aims to boost visitor numbers in Hurricane Dorian’s wake. “Following Hurricane Dorian, we felt that it was absolutely c
Port eyeing $4m-$6m 'one-stop shop' spend
The Nassau Container Port’s operator yesterday said it plans to make a $4m-$6m investment to complete its “one-stop shop” model after the government approved its 15-acre expansion. Dion Bethell, Arawak Port Development Company’s (APD) president and
'No business as usual' with Dorian rebuild
A leading engineer yesterday warned it cannot be “business as usual” with post-Dorian recovery because the damage to The Bahamas’ housing stock is “staggering and overwhelming”. Quentin Knowles, the Bahamas Society of Engineers (BSE) president, told
J S Johnson in 170% claims rise through Dorian
J S Johnson yesterday revealed that a 170 percent spike in net claims incurred due to Hurricane Dorian has slashed its net income for the first nine months of 2019 by 26 percent. The BISX-listed broker and agent, also unveiling its third quarter fin
Family Island visitor interest 'skyrockets'
Visitor interest in Family Island vacations has “skyrocketed” since mid-October, it was revealed yesterday, with hotel room nights sold forecast to beat prior year in nearly every month through April 2020.Kerry Fountain, the Bahamas Out Island Promot
Senator: 'No apologies' for deal's wasted $7m
The Opposition's health spokesman yesterday said it "makes no apologies" for handing an $18m contract to a vendor threatened with "far-reaching consequences" by the Public Hospitals Authority (PHA).
Poultry producer: Give us land to fund Dorian rebuild
A major Abaco poultry producer yesterday urged the government to grant it ownership of its property so that this can be used as security to obtain Dorian reconstruction financing. Lance Pinder, Abaco Big Bird Poultry’s chief executive, told Tribune
Abaco Chamber chief fears NGO departures
Abaco’s Chamber of Commerce president yesterday voiced fears that the imminent departure of non-governmental organisations (NGO) will leave a vacuum in post-Hurricane Dorian relief efforts. Ken Hutton told Tribune Business “the biggest concern” for
British Airways in Nassau expansion
British Airways yesterday said increasing the frequency of its Nassau to London service from four to five weekly flights with effect from April 2020 should boost visitor arrivals from the UK. Flights to Heathrow Airport will leave on Monday, Tuesday
