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IMF's $252m loan 'prudent and logical'

A former finance minister yesterday backed the government’s move to obtain a $252m “emergency” loan from the International Monetary Fund (IMF) as “a very prudent and logical thing to do”.James Smith, who held the post during the first Christie admini

Extended store hours to ease 'crazy volume'

An auto parts supplier yesterday said “the crazy volume” of customers that initially lined up outside his store should be reduced now it can re-open for a full five days per week. Dwayne Higgs, WHIM Automotive’s general manager, told Tribune Busines

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Luciano's to close permanently

Luciano’s Restaurant on East Bay Street has announced that it will be permanently closing.

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Ex-minister fears 100% debt/GDP

A former finance minister fears The Bahamas could be “in really dangerous territory” by June 2021 with a national debt that is equal to the size of its economy. James Smith, pictured , who held the post under the first Christie administration, told

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'Park our pride and grow GDP'

The government is being urged to eliminate the backlog of permanent residency applications within 30 days as a means to secure “easy money” for the Public Treasury and a multi-million dollar foreign exchange boost. Jason Kinsale, the Bahamian develo

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Closure was only option, says salon owner

INSTEAD of celebrating the 20th anniversary of their business, Tiffany and Raymond Rolle had to face the harsh reality of closing their salon’s doors permanently, due to long arms of the COVID-19 pandemic. Non-essential businesses were closed from m

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Govt agencies' IT 'drag' in COVID-19

The Bahamian economy “must come out of COVID-19 with a greater degree of efficiency than we went into this” through the full-fledged embrace of technology, a former attorney general urged yesterday. John Delaney QC, now-principal at the Delaney Part

Realtors 'can't wait to return full-time'

Bahamian realtors yesterday hailed the prime minister’s decision to allow the sector’s morning re-opening, but said: “We can’t wait to get back to work full-time.” Peter Dupuch, founder and president of ERA Dupuch Real Estate, told Tribune Business

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'Storm in teacup' on COVID repatriation

The aviation operator that returned seven persons to The Bahamas before they had been tested for COVID-19 yesterday described it as “a storm in a tea cup”, and added: “We have to get beyond the fear-mongering.” Paul Aranha, president of Trans-Island

Eleuthera needs more beds, says hotel boss

An Eleuthera-based resort manager yesterday argued that the island needs more hotel rooms to fully exploit its tourism industry potential. Jennifer Hadland, the French Leave Resort’s general manager, told the Eleuthera Business Outlook conference: “

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'It made me feel like a criminal even though I'm trying to do right . . . to stay out of harm's way and to help my family'

GOOD Samaritans raised $700 to pay court fines for a teenager who was arraigned earlier this week and convicted for selling coconuts roadside without a business licence and in violation of the 24-hour curfew.

Retailers blast NIB benefit non-payment

The Bahamas Federation of Retailers (BFR) co-president yesterday charged that the National Insurance Board (NIB) is not paying unemployment benefits to all approved applications. Tara Morley told Tribune Business : “Almost none of us have received f

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Family call for body to be released

THE family of deceased Dorian victim Astrid Stratton is calling on the government to release her body, after they claim to have been told by an official this week the missing woman’s remains had been found. Liann Key-Kaighin, speaking to The Tribune

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Bride-to-be is looking forward to her Plan B

FOR Olwyn DePutron, getting married in The Bahamas was a dream come true until COVID-19 dashed those plans and put her wedding coordinator in a frenzy.Ms DePutron, a New Yorker, was set to marry Bahamian Cornelius Yee on April 18 at Bahamas Harvest C

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No decision 'yet' on shedding civil service retirees

The government had made no decision “as yet” on whether it will seek to cut the $670m civil service wage bill by shedding all public sector workers who have reached retirement age. K Peter Turnquest, in brief messaged replies to Tribune Business que

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Bahamas urged: Break with fiscal 'false reality'

Bahamians were yesterday urged by a governance reformer to “take off the rose-coloured glasses and get real” over a post-COVID-19 predicament that has pushed the country “over the fiscal edge”.Robert Myers, the Organisation for Responsible Governance

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'Stop picking virus winners and losers'

A Bahamian retailer yesterday urged the government to “stop picking winners and losers” in determining which businesses are COVID-19 “essentials” after he was forced to fully terminate 20 staff.Egan Kemp, president of Eunison Company, the Shoe Depot

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Minnis backs draft resolution put forward by WHO

ACKNOWLEDGING the destabilising effect Hurricane Dorian and COVID-19 have had on The Bahamas in the last year, Prime Minister Dr Hubert Minnis expressed support for the World Health Organisation’s work in a speech during the body’s general assembly m

'I've been stuck in Nassau for two months'

EXUMA resident Genia Knowles came to New Providence to support her fiancee who had minor surgery in March and has been stuck here since the COVID-19 border closures. The 31-year-old and her partner have been in the capital for almost two months and

'Level playing field' on Family Island re-open

Eleuthera’s Chamber of Commerce president yesterday called for “a level playing field” on the re-opening of Family Island economies, and warned: “The well-being of communities across this island is at stake.” Thomas Sands, in a messaged reply to Tri