Abaco resort set to re-open with 'splash'
A boutique Abaco resort is planning for a full November 16 re-opening that will be followed by a “splash” for New Year as it bids to make a quick rebound from Hurricane Dorian’s devastation.Tom Hazel, the Abaco Inn’s general manager, told Tribune Bus
Consumers told to brace for ‘adjustment’ to BPL bills
Electricity consumers were yesterday told to brace for an "adjustment" to their bills via an extra charge as Bahamas Power & Light (BPL) confirmed plans for its mammoth $650m-plus refinancing.
Politicians ignoring 'powder puff' growth
Politicians are reluctant to tackle The Bahamas’ consumer debt woes for fear of undermining much of the spending fuelling the economy’s “powder puff” growth, a well-known developer said yesterday.Sir Franklyn Wilson, pictured, the Arawak Homes chairm
Oil explorer: 'All the tools we will need'
A Bahamas-based oil explorer yesterday said it now has “all the tools we need” to drill an exploratory well within the 2020 year-end target set by the government, its top executive said yesterday.Simon Potter, the Bahamas Petroleum Company’s (BPC) ch
Health model revamp in $100m Dorian rebuilding
A Cabinet minister yesterday said the public health system’s $100m post-Dorian rebuild will likely create a “more efficient model” on the impacted islands, adding: “Necessity is the mother of invention.” Dr Duane Sands, minister of health, told Trib
Port owners will 'act for Freeport' on airport offer
The two Grand Bahama International Airport shareholders are engaged in high-level talks over the government’s desire to acquire the asset from them, it was revealed last night.Ian Rolle, the Grand Bahama Port Authority’s (GBPA) president, confirmed t
Carnival executives in return visit to GB
Carnival Cruise Line’s president and other executives yesterday met with minister of state for Grand Bahama, Senator Kwasi Thompson, during a visit to the island. Following the devastation inflicted by Hurricane Dorian, Carnival donated much-needed
Colina raises policy reserves by $20.2m
Colina Holdings Bahamas (CHBL) yesterday unveiled a $20.2m increase in reserves to cover future policyholder payouts in the wake of Hurricane Dorian.The rise, likely undertaken in anticipation of increased benefits claims, occurred as the BISX-listed
DPM in regional talks on disaster resilience
Disaster resilience and sustainable growth were the focus of a Caribbean summit attended by the deputy prime minister this week.K Peter Turnquest particicipated in the ninth annual Caribbean Forum on Regional transformation for inclusive and sustaina
Abaco's instant VAT free 'fantastic news'
The Abaco Chamber of Commerce’s president yesterday hailed as “fantastic news” the Prime Minister’s decision to make the island immediately VAT free, but warned that questions remain. Ken Hutton queried whether Nassau-based businesses would be place
ART OF GRAPHIX: The flowering of creativity
It is often said that not all gifts are created equal, which is something that design trendsetter, Machelle Brown, can attest to. This designer is often referred to as a “cut above the rest” in her field, as she produces impressive designs throughout
Creative village gains $93k venture funding
A village of Bahamian businesses offering cultural experiences for visitors has secured a $93,000 equity investment through the Small Business Development Centre (SBDC). iDiscover, which offers experiences including three chefs, 10 farmers and 16 cr
Bahamians can handle Abaco debris clean-up
Bahamian companies have the necessary equipment and capacity to handle the massive clean-up of Abaco’s Dorian debris, a local contractor involved in the effort is arguing. Atario Mitchell, president of Caribbean Pavement Solutions (CPS), said: “For
BTC suffers $30m blow from Dorian
The Bahamas Telecommunications Company (BTC) has been dealt a $30m blow by Hurricane Dorian with network repairs set to last into 2020, it was revealed last night.
Nassau/PI hotels enjoying a 25% revenue boost
Large Nassau/Paradise Island hotels enjoyed a 25 percent “revenue boost” for the first nine months of 2019 as Hurricane Dorian only had minimal impact on its September performance. The Central Bank of The Bahamas, unveiling its report on economic de
