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$250m PI investment 'shakes off' lockdown
Sterling Global Financial’s $250m Hurricane Hole redevelopment is “shaking off” the COVID-19 lockdown with a construction restart that has brought 75 Bahamians back to work.The Paradise Island-based project has resumed with masks and social distancin
Joseph named Most Valuable track and field team member
TRAVIS Joseph’s stellar freshman season was recognised by his Valley City State Vikings when the programme announced its postseason awards.
Energy reform still untapped resource
Reforms geared towards improving The Bahamas’ energy security are critical to building greater economic resilience and diversification. In the previous Island Insight column, I pointed out that tourism and other services-based industries are not idea
THE PRESS BOX: In COVID-19 pandemic, ‘Thank god for game replays on YouTube’
AS we continue to get through the COVID-19 pandemic, and things slowly return to normalcy, pro sports continue to remain sidelined, leaving sports fans with nothing of substance to fill the sports void.
Restaurant owners eye social distance strategy
Restaurant and bar owners are already plotting how their establishments can re-open in compliance with COVID-19 health and safety protocols despite some suffering revenue declines of up to 95 percent. Peter Maury, owner of the Green Parrot and Marga
'Divine intervention' need on COVID-19
A trade union leader last night said The Bahamas’ requires “divine intervention” to counter a COVID-19 economic fall-out that could reach “Biblical proportions”.Bernard Evans, the National Congress of Trade Unions of The Bahamas (NCTUB) president, de
Three-year 'VAT credit' to boost Family Islands
The government is being urged to use a three-year system of VAT credits to rescue Family Island businesses and encourage investment by their owners in a bid to revive these economies post-COVID-19.The proposal is contained in documents submitted to t
‘Focus is to get tourism industry back on track’
THE government is looking at several dates to resume tourism operations in the country, Tourism Minister Dionisio D’Aguilar revealed yesterday.
Developer slammed on 'outrageous' airport fees
Norman’s Cay homeowners and the Bahamian aviation industry yesterday blasted the “outrageous” fees imposed by the island’s private airport operator in a bid to recover some of its $10m investment in the facility.Tribune Business was told that Exuma R
Tourism awaits health 'green light' to re-open
The Bahamian tourism industry is awaiting the “green light” from the Ministry of Health on when it can re-open to foreign visitors, a Cabinet minister said yesterday. Dionisio D’Aguilar, pictured , minister of tourism and aviation, speaking outside
EDITORIAL: Clear communication must be the lesson
IN the wake of the resignation of Health Minister Dr Duane Sands, there were clear lessons to be learned. The slow revelation of more information about how a COVID-19 positive passenger got on board a repatriation flight shows that some skipped those lessons.
Infected traveller was not on airline flight list
THE man who flew to Grand Bahama on Friday despite testing positive for COVID-19 was one of four people from the same household who were not on Bahamasair’s initial list of people slated to join the government’s repatriation exercise.
‘Totally devastating’: Water corp revenues shrink 61%
Hurricane Dorian and the COVID-19 pandemic have dealt a “completely devastating” blow to the Water & Sewerage Corporation’s cash flow with April revenues down 61 percent, its executive chairman revealed yesterday.
MONDAY UPDATE: One newly confirmed case of COVID-19
The Ministry of Health announced on Monday that there is one newly confirmed case of COIVD-19 in The Bahamas, bringing the total number of confirmed cases to 93.
How was infected able to fly home?
PRIME Minister Dr Hubert Minnis said a person who tested positive for COVID-19 was among the 183 residents who returned to the country on Friday, prompting a suspension of repatriation exercises. His revelation during a national address yesterday came as the country went without an additional confirmed COVID-19 case for the fourth consecutive day.
The past, present and future of cash
Cash, in one form or another, has been around for millennia, being used as a means of payment and storing wealth. Throughout history large and small transactions have been carried out, using settlement methods that evolved in accordance with whatever
Hotels looking to extend lay-offs
The Bahamian resort industry is awaiting the government’s formal response to concerns that hotels will be forced to pay full termination pay to staff when the mandatory 90-day period expires. Michael Reckley, executive vice president of the Bahamas
People are still living in hurricane shelters
WITH the COVID-19 pandemic impacting daily operations, Deputy Director of Social Services Kim Sawyer said yesterday officials are not certain when shelters for Hurricane Dorian’s victims will be completely deactivated. This includes the Bahamas Acad
Labour chief: 2,500 in termination threat
The government’s top labour official yesterday warned that 2,500 employees are threatened with termination unless the period in which they can receive unemployment benefit is doubled to 26 weeks.John Pinder, director of labour, told Tribune Business
Bahamas faces 'IMF programme by 2021'
The Bahamas will be in an International Monetary Fund (IMF) adjustment programme by 2021 due to a “balance of payments crisis”, a noted Caribbean economist predicted yesterday.Marla Dukharan, formerly Royal Bank of Canada’s (RBC) top regional economi
