Business

B’Air chairman warns over money bleed as airline down to 23 flights per week

NASSAU, BAHAMAS — Bahamasair’s chairman Tommy Turnquest warned yesterday the airline cannot continue to “bleed money” having seen its operational... read more »

Business

CDB predicts 14 percent GDP contraction, approves $40 million loan

NASSAU, BAHAMAS — The Caribbean Development Bank (CDB) is projecting that The Bahamas’ gross domestic product (GDP) will contract by... read more »

Business

Auto dealer ‘surprise’ at 90 percent pre-COVID business surge

NASSAU, BAHAMAS — A Bahamian auto dealer said yesterday that given the current economic environment he was ‘surprised’ that his... read more »

Business

Gym operators eyeing rebound, though the business remains slow

NASSAU, BAHAMAS — After being out of operations for months due to government-imposed COVID-19 restrictions local gyms operators say it... read more »

Business

NIB reviewing benefits to thwart fraud

NASSAU, BAHAMAS — Minister for the Public Service with responsibility for National Insurance Brensil Rolle said yesterday NIB is actively... read more »

Business

URCA to host ICT webinar for seniors

NASSAU, BAHAMAS — In observance of the United Nations International Day of Older Persons, the Utilities Regulation and Competition Authority... read more »

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Business

URCA: “Considerable” consumer complaints in electricity sector

NASSAU, BAHAMAS — The Utilities Regulation & Competition Authority (URCA) yesterday acknowledged that it has recorded “considerable” complaints relative to... read more »

Business

Only 30 percent of VAT registered businesses sign up with e-procurement platform

NASSAU, BAHAMAS — Only 30 percent of Value-Added Tax (VAT) registered businesses have signed up for the government’s e-Procurement and... read more »

Business

Arrears and non-performing loans rise as some COVID deferral programs close

NASSAU, BAHAMAS — With some COVID-19 loan deferral programs coming to an end, the Central Bank has reported that banks... read more »

Business

Bahamas records 23,000 visitors following July border reopening

NASSAU, BAHAMAS — Following the reopening of the country’s borders to international travel on July 1, this nation recorded just... read more »

Business

DPM: Cabinet to decide fate of unemployment assistance on Tuesday

NASSAU, BAHAMAS — Government will decide on Tuesday how its unemployment assistance program will be shaped going forward according to... read more »

Business

Environmentalist slams “absolute lunacy” of oil exploration greenlight

NASSAU, BAHAMAS — A well-known environmentalist said yesterday that it is “absolute lunacy” for the government to have given the... read more »

Business

Central Bank: Sand Dollar nationwide rollout set for October 20

NASSAU, BAHAMAS — The Central Bank has announced it will begin a gradual release a digital version of the Bahamian... read more »

Business

Out island resort operator backs removal of visitor quarantine

NASSAU, BAHAMAS — An out-island boutique resort operator is backing calls for the government to do away with the 14-day... read more »

Business

LPIA obtains airport health accreditation

NASSAU, BAHAMAS — The Lynden Pindling International Airport (LPIA) has obtained the Airports Council International Latin America and the Caribbean... read more »

Business

GB advocacy group vows to continue fight against storm recovery charge

NASSAU, BAHAMAS — A citizen advocacy group said last night while it was pleased the imposition of the Grand Bahama... read more »

Business

Bahamas faces EU blacklisting, but has already applied for CFATF re-rating

NASSAU, BAHAMAS — While The Bahamas faces the immediate imposition of blacklisting by the European Union, Attorney General Carl Bethel... read more »

Business

Sir Baltron: Let hotels and promotion boards market The Bahamas

NASSAU, BAHAMAS — The time has come for hotels and promotion boards to assume primary responsibility for marketing the destination,... read more »

Business

Replace tourism? Not in our lifetime, says former director general

Executive blasts Bahamian’s love/hate relationship with industry NASSAU, BAHAMAS — Bahamians have long maintained a “love/hate” relationship with the tourism... read more »

Business

Union: Hotel workers can opt for severance packages

NASSAU, BAHAMAS — Bahamas Hotel Catering & Allied Workers Union (BHCAWU) president Darrin Woods said yesterday that hotel workers can... read more »