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Bahamas downgrade hits cruise port costs
The Bahamas’ sovereign credit downgrade has increased the Nassau Cruise Port’s financing costs to a level “never” considered just 90 days ago, its top executive has revealed. Michael Maura, the cruise port operator/developer’s chief executive, told
One newly confirmed case of COVID-19 in New Providence
The Ministry of Health announced on Monday that there is one additional confirmed case of COVID-19.
PM: Pro athletes can now resume their training
DURING his national address on Sunday on the re-opening of the Bahamian economy, Prime Minister Hubert Minnis revealed that professional athletes will be allowed to resume their training yesterday.
GB: 82% of firms plan to re-open
Some 82 percent of closed Grand Bahama businesses surveyed by the island’s Chamber of Commerce expect to re-open, it has been confirmed, with just two firms saying they will go out of business.The COVID-19 survey of 127 companies found that 42 percen
The vicious cycle of lockdowns, downgrades and stimulus cost
In the second of a three-part series, Hubert Edwards analyses the challenges confronting The Bahamas as it seeks to secure sufficient funding to ride-out the COVID-19 storm.
Economic vision must go beyond restarting
Preliminary estimates by the Organisation for Economic Co-operation and Development (OECD) indicate there will be at least a 45 percent decline in international tourism this year because of COVID-19. This will have negative economic implications for
Ansbacher adds $1bn by buying departing bank
A Bahamian-owned institution yesterday rescued several financial services jobs by acquiring a $1bn asset portfolio from its departing Swiss-headquartered owner.Julius Baer, which earlier this year dealt a significant blow to the Bahamian financial in
Melinda keeps helping residents in Abaco
DESPITE having lost everything to Hurricane Dorian in early September, Abaco resident Melinda Pinder has never backed down when it comes to helping those in need within her community. The mother-of-two, who is no stranger to charity work, had been a
Retailer's 'hard call' over Mall departure
A Bahamian retailer yesterday said it had made “the hard call” to end its 30-year presence at the Mall at Marathon after being placed “in an impossible position” by its landlord during lease renewal talks. Egan Kemp, president of Eunison Company, th
Sands leads drive for blood donors
HEALTH Minister Dr Duane Sands was among scores of people who donated blood yesterday at Princess Margaret Hospital’s National Blood Drive. The event, held at the Thomas A Robinson National Stadium, was expected to draw about 100 people. Dr Sands s
Day three with no new cases
DESPITE increased testing for COVID-19, the country has not recorded new cases of the disease for three days in a row.
Stingers players in move to the next level
THE Sunland Stingers senior boys’ basketball programme had a season of milestones and has now produced a trio of players that will continue their careers at the next level.
Bridging digital divide in world's new reality
In an address to the nation on COVID-19, the Prime Minister said: “Innovation and trying new things are an essential part of what we must do at this time.” This statement was followed by Dr Hubert Minnis encouraging Bahamians to continue creating mor
Low testosterone
Andropause, or male menopause, is a real health condition that thousands of Bahamian men, like their counterparts worldwide, often suffer unknowingly.
Ramp-up COVID-19 testing to stop 'economic damage'
The Bahamas is in danger of “doing considerably more damage to the economy than it needs to” unless COVID-19 testing is massively ramped-up, a well-known businessman warned yesterday.Robert Myers told Tribune Business that the government was locking
‘We’ve flattened the curve’
HEALTH Minister Dr Duane Sands said officials have managed to “flatten the curve” by having a maximum of six COVID-19 cases on any given day, but this does not mean the nation is out of the woods.
UPDATED: PM tables emergency powers extension, gives latest on COVID-19
MONDAY MORNING UPDATE: Prime Minister Dr Hubert Minnis has tabled a resolution in Parliament to extend the COVID-19 emergency powers until May 30th.
Bimini case is sister of first covid death
NEARLY four weeks after Kimberly Johnson-Rolle became the country’s first COVID-19 death, her sister became one of Bimini’s latest confirmed COVID-19 cases on Saturday, a reality that has shocked but not shaken the resolve of the 58-year-old.
Health workers tested for COVID-19
ABOUT 185 healthcare workers were tested on Saturday for the novel coronavirus, with results expected today or tomorrow, according to Deputy Chief Medical Officer Dr Delon Brennen. His comment came as the country added two more confirmed cases of CO
