Business
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COVID-19 pandemic impacts CBL’s operating profit
Commonwealth Brewery Limited (CBL) experienced a 106 percent decline in its operating profit last year compared to 2019, owing to…
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Baha Mar to provide private jet service for COVID-19-positive
Baha Mar revealed in a statement yesterday that it will provide private jet service back to the United States or a complimentary…
Read More » MacFit sets its sights on sports tourism
MacFit’s new 17,000-square-foot facility was purposely positioned to usher in sports and fitness tourism, the company’s founder and President Jimmy…
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McCartney touts development of low territorial tax system
Bahamas Financial Services Board (BFSB) President Tanya McCartney said yesterday there has been advocacy within the sector to develop an…
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Demand moves Atlantis to open The Royal on March 11
Atlantis announced in a statement yesterday that more of its employees will be returning to work when it reopens The…
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Short booking windows, easy cancellations throwing off tourist projections
The Ministry of Tourism and Aviation (MOTA) is no longer depending on its booking statistics windows for accurate information on…
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Roberts: US winter weather could threaten food supply chains
Winter storms in the United States could threaten food supply chains, eventually driving up the costs of local bread basket…
Read More » Central bank survey: Most SFIs have sound business continuity plans
Although the overwhelming majority of supervised financial institutions (SFIs) have sound business continuity plans (BCP) to manage recovery from a…
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APD’s earnings down, but tracking ahead of projections
Although still below pre-COVID-19 levels, Arawak Port Development Company (APD) is still tracking ahead of where it budgeted, according to…
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Former Chamber CEO: Borrow more locally to benefit Bahamians
The government should seek to do more local borrowing during the 2021/2022 budget cycle, so that Bahamians benefit financially from…
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