Address to the 7th Annual Caribbean MBA Conference by Prime Minister Hubert Ingraham:

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More than a dozen local first responders and rescue crews received four days of intense training in Freeport last week. Participants learned specialised skills to enable them to assess and respond to emergency situations.

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The Ministry of Tourism & Aviation's Training & Education Department along with the Grand Bahama Island Tourism Board, The Bahamas Hotel Association, The College of The Bahamas and other industry stakeholders have teamed up to strengthen training efforts in the tourism sector on Grand Bahama Island.

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Labour and Social Development Minister the Hon. Dion Foulkes assured Bahamians that opportunities for employment in the construction, hotel and financial services industries would be offered to them first.

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In keeping with the Christmas spirit of helping one another, the employees of the Grand Bahama Power Company chipped in to aide the residents of Inagua with their reconstruction efforts.

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The Our Lucaya Resort on Grand Bahama Island, which includes both The Westin and Sheraton Our Lucaya properties, has received Meetings & Conventions magazine’s coveted Gold Key award for the seventh consecutive year.

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McKinney, Bancroft and Hughes, the leading international Bahamian law firm, has signed an agreement with Oxford Business Group (OBG), the highly acclaimed global publishing, research and consultancy firm, to act, as official legal research partner for The Report: The Bahamas 2009.

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NASSAU, Bahamas - Minister of State for Immigration the Hon. Branville McCartney assured the business community that the aim of the Department of Immigration is to expedite applications for foreign work permits.

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The BTC Privatisation Committee announced today the start of a month-long public consultation process that will contribute to a strengthened regulatory framework governing the communications and entertainment industry.

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The Commissioner of St. Lucie County, Florida, Doug Coward and public relations and marketing executives are visiting Grand Bahama as guests of the Ministry of Tourism, as they seek to build business and tourism partnerships between St. Lucie County and Grand Bahama Island.

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Nassau, Bahamas - The requisite groundwork for the privatisation of BTC has been completed and according to T.B. Donaldson, Committee Chairman responsible for the privatisation of BTC, “the actual sale of the company is now underway.”

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Deputy Prime Minister and Minister of Foreign Affairs the Hon. Brent Symonette met with Oxford Business Group representatives for ‘The Report: Bahamas 2009’ to give an insight into the Bahamian economy in the face of a global recession.

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While the government continues to slash the number of proposals for renewable energy, a joint venture company is hoping that they would be selected as the main distributor of renewable energy in The Bahamas.


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Paint Fair recently hosted its second annual Colour & Decorating 101, offering professional colour and decorating advice to a capacity crowd while officially launching its newest line: Ralph Lauren paint and finishes - becoming the first company outside the United States to become an authorised the Ralph Lauren line.

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Weeks after Pepsi Bahamas Bottling Company announced that it would close its manufacturing plant in Eastern New Providence, leaving 75 people jobless, the company inked a distribution deal with Thompson Trading Company on Wednesday

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Bank of The Bahamas Limited released year-end results today, reporting total revenue growth of nearly 15% over the previous year with assets up nearly $80 million to end the fourth quarter at $736 million, up almost 12% over last year.


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Since Pepsi announced its intention to close before the end of this year, the financial fate of some 75 employees is expected to be determined as early as next week, according to chief negotiator of the Bahamas Beverage Water Distributors and Workers Union Huedley Moss.


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The Bahamas Telecommunications Company is touting a new high-security, feature-rich email service called “My Connect,” powered by the ubiquitous Google, and launched in early October and aimed at small and home office owners.

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JetBlue Airways has unveiled plans to expand its footprint in the Caribbean with new daily nonstop service from Orlando International Airport to Nassau and twice daily service from Fort Lauderdale Hollywood International Airport to Nassau.

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In 2008 Rotary International celebrates 103 years of existence, and through the Rotary Foundation and its’ member clubs, much needed assistance has been given to the needy throughout the Bahamas and the world.


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A U.S. bankruptcy judge approved a revised version of Barclays' deal to purchase the core U.S. business of Lehman Brothers.

In a Manhattan court hearing that started on Friday and lasted past midnight, U.S. Bankruptcy Judge James Peck approved the sale, saying he had found no better alternative for the assets Lehman sought to sell.



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Three executives dubbed "Germany's stupidest bankers" in the press have been suspended from state bank KfW over erroneous transfers of more than 500 million euros (710 million dollars) to the bankrupt Lehman Brothers, the KfW said.


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The US Government is stepping in with a $85 billion rescue package to prevent the world's biggest insurance company from going under. (VIDEO NEWS INCLUDED)

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The drop came after Lehman brothers announced it was filing bankruptcy and Merrill Lynch agreed to be bought by bank of America, Sue Turner reports (2:23)

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Financial stocks led the market volume today and investors traded in three stocks of which one advanced and two remained unchanged. A total of 15,652 shares changed hands. Commonwealth Bank Ltd. (CBL) was the volume leader with 7,652 shares and closed unchanged at $7.00. FirstCaribbean Bank (CIB) rose by $0.05 to $11.60 on a volume of 5,000 shares. Cable Bahamas Ltd. (CAB) traded 3,000 shares and closed unchanged at $14.10.


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It was a moderate trading day in the local market with investors trading in three companies of which one advanced, one declined and remained unchanged. A total of 10,752 shares changed hands.

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The first beer of The Bahamas, Kalik, turned twenty years old this year, and as part of that milestone Burnshouse has been hosting Kalik Parties to celebrate all those years of providing a great Bahamian product brewed by Commonwealth Brewery.

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Three new charter airlines have stepped in to fill the void created when Vintage Props & Jets ceased flying from Daytona Beach International Airport to the Bahamas.

Stephen Cooke, the airport's director of business development, said officials have signed agreements with Jacksonville-based Craig Air Center and Airgate Aviation of Sanford to offer charter flights to the Bahamas.



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Minister of State for Culture the Hon. Charles Maynard said The Bahamas can be marketed as more than a place where visitors can experience sun, sand and sea, noting that packages can be offered for tourists to come and enjoy the major Junkanoo parades, the Junkanoo summer festival, or community festivals that highlight the art form.


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Bacardi Ltd. said Monday it named Seamus McBride president and chief executive, effective Sept. 1.

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Director General of Bahamas Information Services Sir Arthur Foulkes welcomed a delegation from the International Department of the Central Committee Communist Party of China, during a courtesy call at Bahamas Information Services office in the Monarch Building, East Bay Street on Monday, July 28.


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Chairman of the board of Sunshine Holdings Franklyn Wilson says that, the state of the Bahamian economy is "foul".


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ColinaImperial Insurance Company, the leading life and health insurance provider in The Bahamas, selected Plexis Healthcare Systems to provide its claims processing and benefits administration software solution. Plexis Claims Manager will automate claims processing and streamline benefits administration for ColinaImperial's health claims in The Bahamas and U.S.; Plexis Direct will provide for real-time electronic claim submission and adjudication via the Internet, using Mitan Technologies' real-time claim submission and response portal.


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The government moved yesterday to tab on a $10 stamp tax to all freight shipments entering the country, from food to furniture to computers — the last item supposedly "tax free".

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Cavalier Construction is well known in The Bahamas for building beautiful and high end homes throughout the islands. They have also built some of the country’s largest projects including: The Savoie Residence at the Abaco Club, Bayroc Condos in New Providence, and the Atlantis Convention Centre on Paradise Island, to name but a few.

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Residents passing The Mall Drive in the vicinity of Burger King may have noticed a new structure being erected next to Star General, which will soon be the new home of Cable Bahamas and its parent company Colum-bus Communications.


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A leading European financial publication has named the Bank of The Bahamas the best bank in The Bahamas for a second time.


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President of the Bahamas Omnibus Association Nicholas Jacques and Founder of the Public Transit Association Reuben Rahming are calling for this busing system, despite there being some disagreements on methods to achieve this.



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A select group of experts met on Centreville Hill last week to launch a process that could change the face of Bahamian broadcasting and drag our antiquated communications and information sector kicking and screaming into the 21st century.



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The Bahamas Telecommunications Company (BTC), the primary telecom operator in the Bahamas, has selected Nortel to expand its GSM network services throughout the country. The network expansion is scheduled to be completed by the end of 2008.



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While pointing to government interest in bringing a regional port to Exuma, a former MP for the community has reservations about the location now being eyed, worried it could stymie tourism.

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