Business

Abaco businessman urges private sector involvement in Abaco restoration

NASSAU, BAHAMAS – The owner of Abaco’s major supermarket yesterday urged other private sector interests to do their part in... read more »

Business

Commonwealth Brewery ‘cautiously optimistic’ on short term post Dorian outlook

Positive third quarter yield despite Dorian impact NASSAU, BAHAMAS – Commonwealth Brewery Ltd (CBL) says it is ‘cautiously optimistic’ on... read more »

Business

Cabinet still reviewing moratorium on taxi plates

NASSAU, BAHAMAS – Transport and Local Government Minister Renward Wells said yesterday that Cabinet has not yet made a decision... read more »

Business

Public healthcare sector “behind the eightball” on electronic records, says minister

NASSAU, BAHAMAS – The Bahamian public healthcare sector is “behind the eight ball” and needs to “catch up” regarding the... read more »

Business

Taxi president warns of industry face-off

NASSAU, BAHAMAS – Bahamas Taxicab Union president Wesley Ferguson yesterday warned of another face-off between taxi drivers and Transport and... read more »

Business

DPM: Government forced to ‘reset priorities’ due to Dorian impact

NASSAU, BAHAMAS – Deputy Prime Minister K Peter Turnquest yesterday said Hurricane Dorian’s impact has forced government to “reset our... read more »

Poll

How would you rate the government’s handling of Hurricane Dorian recovery efforts?

  • Poor (50%)
  • Average (21%)
  • Fair (16%)
  • Good (11%)
  • Excellent (2%)
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Business

J S Johnson sees 26 percent net income fall due to Dorian

NASSAU, BAHAMAS – J S Johnson, the BISX listed agent and broker, saw its consolidated net income fall 26 percent... read more »

Business

Opposition defends digital healthcare system deal

NASSAU, BAHAMAS-Opposition Health spokesman Dr Michael Darville yesterday said the former administration would make no apologies for the award of... read more »

Business

IDB report estimates total cost of Dorian impact at $3.4 billion

NASSAU, BAHAMAS – A newly released Inter-American Development Bank (IDB) report estimates the total cost of the impacts of Hurricane... read more »

Business

IDB: Dorian housing sector damage estimated at $1.48 billion

Health sector losses on Abaco and Grand Bahama estimated $37.7 million NASSAU,BAHAMAS- Hurricane Dorian’s damage to the housing sector on... read more »

Business

IDB: $77.5 million in damages to Abaco and GB commerce sectors

Total losses for commerce sector on impacted islands estimated at $65 million NASSAU, BAHAMAS – The commerce sector on hurricane-ravaged... read more »

Business

Works minister: PLP passed defective rate reduction bond bill

NASSAU, BAHAMAS – Minister of Public Works Desmond Bannister yesterday defended the new Electricity Rate Reduction Bond Bill (ERRB) 2019... read more »

Business

NIB director: Dorian exposed need for electronic payment of benefits

NASSAU, BAHAMAS – Hurricane Dorian has exposed the need for the National Insurance Board (NIB) to introduce additional payment methods,... read more »

Business

Forward bookings behind 6.4 per cent post-Dorian

NASSAU, BAHAMAS – Forward bookings to The Bahamas are down 6.4 per cent post-Dorian, according to a recent study by... read more »

Business

IPO could be in the future for Shell deal

NASSAU, BAHAMAS – Works Minister Desmond Bannister and Shell North America yesterday confirmed an initial public offering (IPO) for shares... read more »

Business

Taxicab union to Govt.: Leave taxi plate leasing issue alone

NASSAU, BAHAMAS – The head of the Bahamas Taxicab Union is urging the government to effectively maintain the decades long... read more »

Countdown

Bahamas National Trust Jollification 2019

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Business

Banks bracing for rise in loan delinquencies and loss of clients

NASSAU, BAHAMAS – The commercial banking sector is bracing for a rise in loan delinquencies as well as loss of... read more »

Business

Government hits milestones to unlock e-government overhaul project

NASSAU, BAHAMAS – Government has hit all of its milestones for the acceleration of the e-government overhaul project, Minister of... read more »

Business

BPL reaches insurance settlement over power station fire

NASSAU, BAHAMAS – Bahamas Power & Light (BPL) has reached a settlement with its insurer over the blaze that destroyed... read more »

Business

Lack of loan repayment success makes BPL’s Rate Reduction Bond more viable option

NASSAU, BAHAMAS –  Bahamas Power & Light’s (BPL) Chairman Dr. Donovan Moxey said yesterday the decision to introduce a Rate... read more »