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Digital B$ critical to disaster strategies

The Bahamian digital dollar is part of the government’s strategy to create “sustainable solutions” for Dorian-type natural disasters, the deputy prime minister said yesterday. K Peter Turnquest, addressing the RoyalFidelity Bahamas Economic Outlook c

Small Business Centre aids 6,700 entrepreneurs

More than 50 percent of the financing approved by the Small Business Development Centre (SBDC) has gone to Hurricane Dorian-impacted entrepreneurs, the deputy prime minister said yesterday. K Peter Turnquest, pictured , tabling the mid-year budget p

Construction 'being killed' by large-scale expat hiring

The Bahamian construction industry is being “killed and decimated” by the large-scale importation of foreign workers for jobs that are not being made known to locals, it was argued yesterday.Leonard Sands, the Bahamian Contractors Association’s (BCA)

Contractors preparing skills data for 'construction boom'

The Bahamian Contractors Association (BCA) is developing a database of construction firms and skilled workers to ensure Bahamians do not miss out on a building boom, its president said yesterday. Michael Pratt told Tribune Business that the absence

Ragged Islanders feel neglected three years on

NEARLY three years after Hurricane Irma ravaged Ragged Island, many longtime residents there still feel “neglected” and “disappointed” with the lack of progress made to fully restore the island to normalcy. This “blatant” disregard for the island an

Nassau/PI hotels enjoy 18% room revenues growth

Major Nassau/Paradise Island resorts shrugged off a modest one percent room revenue fall-off in December to post an 18 percent gain for the 2019 full year, it was revealed yesterday.

Bahamas' sixth most expensive ranking not 'accurate portrayal'

The Central Bank’s governor says The Bahamas’ recent ranking as the world’s sixth most expensive country to live in is not an “accurate portrayal” of this nation’s cost of living. John Rolle, speaking during the Bahamian digital currency’s launch in

UPDATED: Knights win fifth straight GSSSA track and field title

COACH Tia Rolle and the CR Walker Knights celebrated their fifth straight Government Secondary Schools Sports Association Track and Field Championship title on Friday at the Thomas A Robinson National Stadium.

Defence Force to recruit extra 500

NATIONAL Security Minister Marvin Dames yesterday said his ministry is working towards increasing the number of Royal Bahamas Defence Force (RBDF) officers to at least 2,000 by the year 2022.

WORLD VIEW: As Haitians suffer the world stays silent

ON February 20, the UN Security Council received a grim report of deteriorating human rights and collapsing rule of law in Haiti. The troubling situation includes widening malnutrition, kidnappings for ransom, rapes and gang violence.

Payment providers roll-out Sand Dollar infrastructure

Digital payments providers have already unveiled kiosks and other infrastructure in Abaco to aid the Bahamian digital currency’s roll-out. Sean Smith, SunCash’s business development manager, told Tribune Business: “The kiosk is going to allow person

Bahamian digital dollar to boost finance crime fight

The Central Bank’s governor says the Bahamian digital dollar will “strengthen defences against money laundering and other financial crimes” because every transaction can be tracked and recorded. John Rolle, speaking at Project Sand Dollar’s Abaco la

Hurricane death toll rises to 74

THE official Hurricane Dorian death toll has risen to 74 after police in Abaco and Grand Bahama recovered four unidentified bodies in late January and early February. According to a press release from the National Emergency Management Agency (NEMA),

Ex-minister explores poultry farm revival

A former Cabinet minister yesterday revealed he is in the “advanced” stage of exploring whether to revive a Grand Bahama poultry operation that once produced 3m-5m pounds of chicken annually. Zhivargo Laing, who is the government’s chief World Trade

Tourism set for $325m Dorian hit through '22

The Bahamian tourism industry will lose some $325m over the three-year period required to make a “full recovery” from Hurricane Dorian, a newly-published study has revealed.A 218-page Inter-American Development Bank (IDB) report, representing a full

EDITORIAL: Weigh all sides in the marijuana debate

THE Christian Council is starting to outline its position in the debate on the legalisation of marijuana – and while their report won’t be made public until next month, the head of the committee preparing that report hinted yesterday at opposition to making the drug legal.

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