Business
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More than $500k paid in unemployment assistance
More than half a million dollars in unemployment assistance was distributed on Friday to those self-employed persons in the tourism…
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Fishermen unhappy with govt orders as Holy Week begins
The world entered Christendom’s Holy Week yesterday, a week typically anchored by a ritualistic feast of fish and seafood –…
Read More » Small grocer sees spike in demand due to lockdown
While most businesses were downsizing and conducting layoffs in the past two weeks due to COVID-19, owner of Discount Distributors…
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Baha Mar Bay still scheduled to be completed in 2021
Despite the complete shutdown of its operations and the cessation of construction of its new water park, all because of…
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Wells: Bahamas cannot handle influx of COVID-19 patients from outside the country
In response to the United States Coast Guard’s (USCG) recent directive to cruise ships telling them to continue to remain…
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Unemployment on New Providence increased in December 2019
The results of a preliminary Labour Force Survey found that unemployment on New Providence increased from 9.4 percent in May 2019 to 10.7…
Read More » Insurance commission wants clarity from gov’t
The Insurance Commission of The Bahamas (ICB) said in a statement yesterday that it is seeking clarity or modification from…
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Gov’t seeks to repurpose $50 million in loans for COVID-19 fight
As it attempts to mitigate the fiscal fallout from the COVID-19 outbreak, Deputy Prime Minister and Minister of Finance Peter…
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Gov’t should retool fiscal regime
Government must use the economic crisis brought about by COVID-19 to retool and revamp its fiscal regime and find ways…
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BPL and Shell miss March signing window
Bahamas Power and Light (BPL) and Shell North America missed the hoped-for signing timeline of March for definitive agreements between…
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