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Contractor chief: ‘I cut 80% of staff to survive’
The Bahamian Contractors Association’s (BCA) president yesterday told Tribune Business he was forced to lay-off 80 per cent of his own staff “just to survive”, as he called on the Government and private developers to bring “sweet relief” by kickstarting the housing market.
COVID-19 vaccine hesitancy needs to be addressed
The COVID-19 outbreak has become a pandemic for a reason, as we humans simply do not possess the natural immunity for the novel coronavirus. Vaccinations are safe and highly effective at reducing severe illness and hospitalizations from the COVID-19 virus.
Digital banking can’t be ‘rammed down throats’
A senior banker yesterday said the industry must adopt the “Mary Poppins with medicine” approach in encouraging more Bahamians and businesses to switch to digital transactions.
Venture fund sees loan repayments drop 16%
The Government-sponsored venture capital fund has seen loan repayment sums fall by up to 16 percent due to the COVID-19 pandemic's devastating impact on clients who received debt financing.
'Neighbourhood watch a great success'
WITH more than 80 neighbourhood watch groups in New Providence, the Royal Bahamas Police Force has witnessed much success in its fight against crime and restoring peace in communities, according to Senior Assistant Commissioner of Police Stephen Dean.
Resorts seek Memorial Day business boost
MAJOR resorts on New Providence are looking to capitalise on a “busy” US Memorial Day weekend, one resort manager telling Tribune Business yesterday that occupancy levels would be in the mid-80 per cent range.
Resorts 'solidly booked' for Easter
SEVERAL major Nassau-based hotels are anticipating high occupancies for the Easter period, one senior executive telling Tribune Business: “We are absolutely solidly booked”.
Burrows, Augustin-Fairell make season debuts in France
THE French Pro A League tipped off the 2018-19 season and both Bahamian players made their season debuts.Jaraun “Kino” Burrows and his Fos-Sue-Mur Provence Byers competed in Pro A for the first time while Jonathan Augustin-Fairell played his first ga
THURSDAY UPDATE: No new COVID-19 cases
The Ministry of Health reported on Thursday that there are no new confirmed cases of COVID-19.
NPBA: Stingers close out year with two straight wins
THE PJ Stingers closed out the year by winning two consecutive games on the final weekend of regular season play for 2016 in the New Providence Basketball Association.
Hield held below 10 points, Sooners lose
HOUSTON, Texas — Kris Jenkins was caught in midair as he tried to draw a foul and just as he was about to lose the the ball or be called for a travel, he hurled a desperation three that fell through the bottom of the net to put the Wildcats up by 40.
Cleanup resumes in Bahamas as Humberto swirls away
MCLEAN'S TOWN, Bahamas (AP) — Jeffrey Roberts lifted a mustard-yellow curtain from the ground to hunt for passports and other documents at the place where his family's home stood before Hurricane Dorian blasted into Grand Bahama Island.
Significant damage to 95% of buildings in Eight Mile Rock and Holmes Rock
NINETY five per cent of the buildings in the Eight Mile Rock and Holmes Rock areas in Grand Bahama received significant damage from Hurricane Matthew on Thursday night and Friday morning, Brenda Colebrooke, the island administrator for West Grand Bahama, said.
Water and Sewerage Corp deficit grows to $147 million
AUDITS show that the Water and Sewerage Corporation continues to function with significant operating losses, recently accumulating a deficit of $147 million, according to the latest reports tabled in the House of Assembly yesterday.
Economy 2% smaller than pre-COVID at 2023’s end
The Bahamas’ economic output will still be 2 percent below pre-COVID levels even if growth forecasts through to end-2023 become reality, a local investment analyst warned yesterday.
$5.5bn refinery: 80% of jobs for Bahamians
THE developer behind the proposed $5.5 billion oil storage terminal and refinery for Grand Bahama yesterday pledged that 80 per cent of jobs will go to Bahamians. Peter Krieger, Oban Energies’ non-executive chairman, speaking at the signing of a Memo
Streaks come to an end for ‘Buddy’ Hield, Deandre Ayton
SATURDAY’s NBA schedule featured the end of a five-game winning streak for Deandre Ayton’s Phoenix Suns and the end of Chavano “Buddy” Hield’s four-game streak scoring at least 20 points.
Jonquel Jones scores 16, Sun stop the Fever 88-69 for 4th straight victory
UNCASVILLE, Conn. (AP) — Brionna Jones scored 18 points and Jonquel Jones added 16 to help the Connecticut Sun beat the Indiana Fever 88-69.
'Job cuts show a Bahamas divided'
WITH Independence just passed, one woman who claims to have been unceremoniously “terminated” from her job at an Urban Renewal Centre, said the country is “divided”.
