DPM: Impacted Abaco and Grand Bahama represent 15-20 per cent of GDP NASSAU, BAHAMAS — Government is estimating that it could lose around $200 million in revenue as a result of Hurricane Dorian’s impact on the economies of Abaco and Grand Bahama, according to Finance Minister K Peter Turnquest. The deputy prime minister, who was […]

No lack of desire to pay, says minister NASSAU, BAHAMAS — The government is still considering paying an $800 lump sum to civil servants which was agreed prior to Hurricane Dorian impacting the northwest Bahamas, according to Deputy Prime Minister and Minister of Finance Peter Turnquest, who said the payment is currently on hold. Speaking to […]

Platform will provide single access point for listing of local registered charities and NPOs NASSAU, BAHAMAS — Aliv has announced the launch of its Bahamian charity ‘aggregator’ ‘Aliv Together’, which will provide a single access point for those interested in donating to registered charities and non-profit organizations (NPOs) in The Bahamas. The website and application […]

Debris removal likely to cost “tens of millions of dollars” NASSAU, BAHAMAS — The Ministry of Environment and Housing is in the process of formulating a debris management plan for hurricane ravaged Abaco and Grand Bahama, according to Environment Minister Romauld Ferreria, who noted that the cost of the exercise would likely be in the […]

NASSAU, BAHAMAS — A Cabinet minister has stressed that The Bahamas’ building code must be revisited and homes designed to sustain the impact of stronger storms. Environment and Housing Minister Romauld Ferreira said today ahead of a Cabinet meeting that the results and data is clear: “the the planet is getting hotter and climate change is […]

Myers: Destroyed Marsh Harbour the “heart” of the Abaco community NASSAU, BAHAMAS — A well-known businessman and governance reformer has expressed concern that the likely rise in unemployment as a result Hurricane Dorian could have a “significant drag” on the Bahamian economy. Robert Myers, a principal of Organization for Responsible Governance (ORG) told Eyewitness News, […]

Primary focus, “restoration” and “recovery”. NASSAU, BAHAMAS – A Freeport hotelier yesterday bemoaned the lack of available hotel room inventory on the island to accommodate individuals essential to the Hurricane Dorian recovery, noting that his resort is currently “filled to capacity” and has an extensive waiting list. Magnus Alnebeck, the Pelican Bay Resort’s general manager […]

Private sector driven initiative seeks govt. backing to rebuild Abaco “bigger and better”. NASSAU, BAHAMAS — The Abaco private sector is seeking to create and fund a long-term strategic plan to build a “new Abaco”. Abaco Chamber of Commerce President Ken Hutton told Eyewitness News that the response from potential donors to ‘Project Resurrect’ has been […]

Chamber executive: “No quick fixes” in hurricane restoration NASSAU, BAHAMAS — Abaco’s restoration presents the perfect opportunity to introduce solar solutions on the hurricane-ravaged island, a Bahamas Chamber of Commerce executive said. Debbie Deal, head of the Chamber’s energy and environment division, suggesting it was “absolutely crazy” to replace 3,000 wooden utility poles destroyed by Hurricane […]

Thousands displaced by the Category 5 storm NASSAU, BAHAMAS — The Myers Group is seeking to create 110 full-time jobs within the various brands in its portfolio for residents displaced by Hurricane Dorian. The Myers Group is currently seeking applicants who have been displaced by Hurricane Dorian from Abaco and Grand Bahama for work in […]

The Bahamas’ overall ratings dropped from 7.36 to 7.25 NASSAU, BAHAMAS — The Bahamas now ranks 58th out of 162 countries and territories included in the Economic Freedom of the World: 2019 Annual Report. The report was recently released by The Nassau Institute in conjunction with Canada’s Fraser Institute. The cornerstones of economic freedom are […]

BCFA vice-president: Dorian impact a “big setback” for fishing industry NASSAU, BAHAMAS — Bahamian fishermen fear that Hurricane Dorian’s destruction in the northern Bahamas will result in the fishing industry losing as much as 30 to 40 per cent in revenue, with the Bahamas Commercial Fishers Alliance (BCFA) vice-president saying “it’s going to be a […]

Work begins today on first commercial vessel; shipyard remains on track to receive first cruise ship in early October NASSAU, BAHAMAS — The Grand Bahamas Shipyard has reported that it sustained no significant damage during Hurricane Dorian and has resumed its operations. The company has welcomed back its first commercial vessel, the 57,062-ton Agathonissos owned […]

Bahamas has “significantly addressed money-laundering and terror financing deficiencies NASSAU, BAHAMAS- There have been 40 money laundering convictions in The Bahamas over the past four years, Attorney General Carl Bethel revealed yesterday, noting that the Royal Bahamas Police Force has placed an “intentional focus” on money laundering investigations and prosecutions. Bethel, who was addressing the […]

Plans intact for dramatic rebirth of Grand Lucaya, 100-plus calls through October NASSAU, BAHAMAS — With at least one cruise ship a day diverting to Grand Bahama to deliver relief supplies and provide some 20,000 meals for victims of Hurricane Dorian, Royal Caribbean Cruises said it was pulling out all the stops to get business […]