Airline bids to 'get going' after Dorian
A Bahamian-owned airline plans to resume flights to Marsh Harbour tomorrow as it bids to rebound from Dorian’s destruction of its Grand Bahama International Airport terminal. Sherrexcia Rolle, Western Air’s vice-president for operations, told Tribun
Banks move to 'jumpstart' clients' Dorian recoveries
All Bahamian commercial banks were yesterday said to have implemented Dorian relief programmes to help storm-ravaged clients “jumpstart their recovery and get back on their feet”. LaSonya Missick, chair of the Clearing Banks Association (CBA), said:
NIB replaces 438 lost smart cards
The National Insurance Board (NIB) says it is proactively working to assist Abaco and Grand Bahama residents seeking to replace National Insurance smart cards lost in Hurricane Dorian. It said its registration department has taken steps to simplify
No plans yet for taxes to pay for rebuilding
THE DEPUTY prime minister yesterday said there are no plans for new or increased taxes to finance Dorian rebuilding "at this point", adding: "That is not part of the discussion."
One-cent coin use to cease by end-2020
The Central Bank yesterday said its plan to end the Bahamian one-cent coin’s use as legal tender by end-2020 will save itself and the banking system $7m over a ten-year period.The regulator, unveiling its rationale for ending the coin’s 54-year histo
BTC lowers roaming agreement period on restoration 'pick-up'
The Bahamas Telecommunications Company (BTC) yesterday said it is no longer pursuing 30 days free roaming for Abaco and Grand Bahama subscribers because restoration has “picked up in earnest”. Garfield “Garry” Sinclair, BTC’s chief executive, told T
Ex-BCA chief warns over Dorian rebuild 'recipe for disaster'
A former Bahamian Contractors Association (BCA) president yesterday warned against “draconian measures” post-Dorian that could increase building costs by between ten to 20 percent. Stephen Wrinkle told Tribune Business that the government should ins
Govt in $200m Dorian shortfall
The government likely faces a $200m revenue shortfall as a result of Hurricane Dorian’s devastation, the deputy prime minister revealed yesterday.KP Turnquest said the category five storm had inflicted a “not insignificant loss to the economy” given
Minister: ‘We’ll not be at BPL’s mercy again’
A Cabinet minister has pledged that New Providence will “never go through a summer like this again” where the island was held captive daily by Bahamas Power & Light (BPL) blackouts.
Yamaha dealer: 70% of Dorian losses from theft
Abaco’s Yamaha dealership yesterday said up to 70 percent of its Hurricane Dorian losses were incurred from the looting of 103 engines worth a collective $1m.Stephen Albury, the Marsh Harbour-based company’s principal, told Tribune Business: “We are
Attorneys praise exchange control 'red carpet roll out'
Attorneys yesterday praised the Central Bank’s proposal to relax exchange controls on non-residential real estate deals as “a rolling out of the red carpet that everyone will welcome”.Adrian White, former head of The Bahamas Bar Association’s real es
Attorney has ‘nil’ chance to defeat bankruptcy ruling
A Bahamian attorney’s bid to overturn his bankruptcy adjudication has been rejected by the Court of Appeal because its prospects of succeeding “are nil”.
Abaco farm suffers $1m Dorian damage
An Abaco poultry farm yesterday revealed that Hurricane Dorian had inflicted “at least $1m in damages” and “pretty much destroyed” the 100-acre business.Lance Pinder, operations manager at Abaco Big Bird Poultry Farm, told Tribune Business that the r
Contractors registrar attacks own minister
The contractors registrar yesterday launched an astonishing attack on his minister by accusing him of “procrastination” and “inaction” over implementing the sector’s self-regulation.Omar Archer told Tribune Business that contractors were asking why D
GB Chamber targets 'plan of attack' on Dorian revival
The Grand Bahama Chamber of Commerce’s president yesterday said he was looking to develop “a plan of attack” for the restoration of commerce as businesses slowly re-open after Dorian.Gregory LaRoda told Tribune Business that the restoration of key ut
