Search results for : braces
CIBC FirstCaribbean bracing for 37M net income decline amid COVID-19
CIBC FirstCaribbean is committed to increasing its digital banking experience amid the COVID-19 pandemic. FILE
CIBC FirstCaribbean International Bank (Bahamas) is bracing for a $37 million net income decline given the economic outlook caused by the novel coronavirus (COVID-19), the bank's Managing Director Marie Rodland-Allen revealed in her review of the bank's results for the six months ended Ap...
Biminites brace for lockdown, but not all welcome it
Biminites brace for lockdown, but not all welcome it
Beginning Monday, Bimini will be placed on a two-week lockdown in an effort to curb the spread of COVID-19, Prime Minister Dr. Hubert Minnis announced on Thursday...
NIB braces for 18,000 unemployment claims
NIB braces for 18,000 unemployment claims
Up to yesterday, the National Insurance Board (NIB) had received more than 1,000 applications for unemployment benefits from recently laid off hotel workers and is preparing to provide benefits for at least 18,000 people from the tourism sector that have been adversely impacted by the coronavirus (COVID-19) outbreak.
Port Lucaya vendors bracing for the worst
Port Lucaya vendors bracing for the worst
Straw vendors at the Port Lucaya Marketplace are bracing for the worst - a possible shutdown of the marketplace where business has come to a virtual crawl since cruise ships cancelled sailings. "We know it is a real setback for us," said Simeon Brow
Bracing for impact
Bracing for impact
Close to the entrance of the Nassau Straw Market on Bay Street, Chris Ferguson sat with his mother at her stall late Monday afternoon. He had his supply of hand sanitizer and a bag of oranges...
NIB braces for a spike in unemployment benefit claims
With the economies of Abaco and Grand Bahama at a standstill in the wake of Hurricane Dorian, the National Insurance Board (NIB) is prioritizing unemployment benefit claims to bring a sense of normalcy to the lives of those impacted. With many businesses demolished on the [...]
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Countdown to Landfall: Louisiana braces for Tropical Storm Barry
After weeks of wicked weather the folks in Louisiana now face another foe in Tropical Storm Barry. Famous for its rivers and their influence on culture, the gulf coast of Louisiana is infamous for it's flooding and the great loss of life that often comes with. From the Great Flood of 1927 to Hurricane Katrina, residents of Louisiana are more than aware of the threat they face when the waters aro...
As blackout eases, Venezuela braces for rival rallies
CARACAS, Venezuela (AP) -- Venezuelan opposition protesters on Saturday confronted security forces on a main avenue in Caracas, venting their anger over a nationwide blackout, shortages of basic necessities and the government of President Nicolas Maduro. Demonstrators on Avenida Victoria in the Venezuelan capital pushed [...]
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Chamber CEO: Time to prepare, brace for impact of accession to WTO
With the increase in value-added tax (VAT) now in the rear-view mirror, the business community must brace itself for another looming shock in the form of The Bahamas' accession to the World Trade Organization (WTO), according to Edison Sumner, CEO of the Bahamas Chamber of [...]
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