Business - Thu Mar 11

British Airways ready for strike

One in 10 loans unpaid

Straw Market foundation finished in a month

Public companies key factor in $176m deficit

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Business - Tue Mar 9

Water & Sewerage Corp spent $60m, made $40m

Colina faces $1.4m price to capture 100% of RND

Bahamasair rethinking Jamaica flights

Fraud cases up 10%

Chamber of Commerce and Employers' Confederation consider merging

At least 3,000 Spring Breakers expected

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Business - Mon Mar 8

Bahamasair on-time but losing passengers

Bahamas signs agreements with Sweden, Norway, Spain

'Companion flies free' to Family Islands

Businesses have one month to apply for $40,000

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Upcoming Lunch Discussion with Bahamian Born Google Exec

Jon Cross, Senior Account Manager at Google’s UK Head Office, returns home to Nassau and will make a presentation on the topic “My Experiences Working at Google for the Past 6 Years” on March 18, 2010 at Luciano’s of Chicago, East Bay Street at 1pm.

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Business - Fri Mar 5

Taking tax pressure off Bahamian businesses

Projects to lower carbon emissions by 355,000 tonnes

Resorts worried in Governor's Harbour

Investor behind Bahamas firm's $25m collapse convicted

MP wants news on BTC sale

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Business - Wed Mar 3

Balmoral to launch $15m phase two

Buyers invest $84m in government

Air Canada makes first trip to Exuma

$1m boost for family island famers

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Business - Tue Mar 2

Grand Bahama must act to keep airlines

Scotiatrust may buy Butterfield Bank

Banks return $20m National Insurance deposits

Bahamian entrepreneurs are missing out

Small businesses need laws, not handouts

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Business - Mon Mar 1

Businesses warned to protect private data

Embryos may inject livestock boost

Grand Bahama Power company considers LNG

South Ocean home owners 'Abandoned' by $867m project

PLP partners' company 'three months in arrears'

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Business - Fri Feb 26

Visiting The Bahamas? Bring your car

Good news for pilots heading to Grand Bahama

Government gives $30m despite plan to reduce funding

$50m project has sold all lots

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Local Business - Thu Feb 25

BTC pays $70,000 for last week's service drop

Government bans net-fishing

More Bahamian businesses but no more money

Visitor numbers will go up in March

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Local Business - Wed Feb 24

Mega-ship makes first visit to Freeport

Trial over Bahamas resort death stays in US

US Judge dismisses Baha Mar's fraud claim

Resort owners hope to sell failed $24M resort

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Local Business - Monday

Colina buys RND shares for $800k

Lucayan Tropical wants government approval for Andros move

Unprepared graduates mean higher prices for consumers

Freeport heads to California to woo manufacturers

New laws may be needed to protect historic buildings

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Local business stories - Friday

Indigo and BTC say 276% fee increase too high

Downtown rent has dropped 20%

6,000 sign up for BEC's payment plan

Chamber of Commerce starts education program

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Local Business Stories - Thursday

Atlantis refuses comment on $1m legal win

Sky Bahamas considering Florida route as sales climb

The Bahamas Maritime Authority wants to open a school at CoB

Bahamas Film Studios stalled

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Local business stories

BEC customers have until Feb 28 to pay

Spring Break bookings up 2-3%

Giving up share in Mayaguana development was 'a stupid decision'

Zero tolerance for crime on Bay Street

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Local Business Stories

Hydroponic vegetables at Town Centre Mall

How the Toyota recalls affect The Bahamas

Language training for taxi drivers, hair-braiders

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Top Business Stories

Bahamians owe 1.091 billion

New taxi system will limit cabs on the road and means millions in loans

Bahamas businessman says it's worse in The Bahamas

(click read more for links)

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New Wedding Bosses

The Bahamas' official wedding professionals have elected new leadership.

The Bahamas Bridal Association (BBA) recently elected a new Executive Committee for

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No dividend for 1000s of RBC FINCO shareholders

For the first time in its history RBC Finco is not going to pay a dividend to its 4,000 plus Bahamian shareholders, after its income dropped by nearly $10 million this year.

Finance Corporation of Bahamas Limited (RBC FINCO) yesterday released its financial information reporting a net income of $4,562,631 for the fiscal year ending October 31, 2009 compared to $14,455,888 in the previous year.

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World's largest cruise ship arriving in Nassau Today

The world's largest cruise ship, Oasis of the Seas, is due to arrive in Nassau, Bahamas later today. The Oasis of the Seas set sail on its maiden voyage last weekend.

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Financial Secretary Urges Bahamians to Take Part in Economic Development

The Government of The Bahamas has implemented measures such as stabilisation and protecting long-term growth and development in response to the global economic crisis, Financial Secretary Ehurd Cunningham said at the 2009 Visionary Business Leaders and Entrepreneurs Awards Conference.

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The HON. Zhivargo Laing, Remarks At The WTO Conferance

At this 7th World Trade Organization (WTO) Ministerial Conference, I wish to confirm my Government’s philosophy that economic development is facilitated by open, transparent and predictable trade policies. We, like many of the countries here, have been significantly impacted by the current global economic and financial crisis. We acknowledge, however, that the impact of the crisis, as bad as it has been, could have been that much worse if many countries chose to adopt measures to restrict trade.

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Bahamian Brewery launches its fourth beer to the Grand Bahama market

Last Wednesday evening Bahamian Brewery and Beverage Company launched its fourth beer, High Rock, a premium lager beer. The newest addition to the brewery’s line of successful beers is a higher end lager, delivering a crisp and refreshing taste with a bolder constitution.

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Doctors Hospital continues to ‘take the lead’ with annual contribution to aids foundation

It’s that time again! The Ball gowns, tuxedos and dancing shoes are all chattering in the closets with excitement, anticipating their grand entrance. It’s Ball Season! Fashionistas all over Nassau and perhaps from the family Islands are preparing their wardrobes for the bevy of ball’s that are fast approaching.

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Bahamas taps into renewal energy

Renewable energy programs are quickly becoming the new solution to controlling escalating energy costs on the overburdened public utilities sector

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Chamber of Commerce hosts Guerrilla Marketing Workshop

Tough economic times call for tougher tactics. The Bahamas Chamber of Commerce and The Bahamas Employers Confederation (BECon) are arming the local business world with low-cost guerrilla marketing tools during an interactive workshop on Thursday, November 19. The workshop will take place at the British Colonial Hilton from 9 a.m. to 3:30 p.m. The session will feature world-renowned guerrilla marketing guru Ed Tate

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Carlyle Campbell Achieves Membership in Elite International Real Estate Network

Carlyle A. Campbell of Bahamas Realty Ltd. will be awarded the prestigious Certified International Property Specialist (CIPS) designation and will join a worldwide referral network of elite global real estate practitioners with expertise in working with international clients.

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Don't miss the 2009 Energy Conference & Bahamas Business Expo

The Bahamas Chamber of Commerce in partnership with The U.S. Embassy Nassau and The Bahamas Hotel Association will host the 2009 Energy Conference & Bahamas Business Expo to take place November 12-14, 2009 at The Sheraton Nassau Beach Hotel.

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Lombard Odier celebrates 30 years in Bahamas

The Bank of Lombard Odier Darier Hentsch’s 30-year operation in The Bahamas speaks to the commitment it has to the country’s financial services sector, Deputy Prime Minister and Minister of Foreign Affairs the Hon Brent Symonette said.

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International property scammers target Nassau

U.K. resident Scott Armstrong thought he caught the deal of a lifetime when he saw a posting on website Craigslist.com for a $600 (monthly rental) Sandyport one-bedroom apartment. It was an offer he hurriedly jumped at for his imminent Bahamas move, only to have alarm bells go off later about something strange in the listing.

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The Bahamas Signs Tax Information Exchange Agreement with the United Kingdom

NASSAU, Bahamas -- The Bahamas and the United Kingdom signed a Tax Information Exchange Agreement (TIEA) at the Ministry of Finance, Thursday, October 29.

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Bahamas Broadens Scope of International Tax Cooperation

NASSAU, Bahamas – In addition to its Tax Information Exchange Agreement (TIEA) established with the United States, Monaco and San Marino, The Bahamas has completed technical agreements with eight additional countries, Prime Minister the Rt. Hon. Hubert Ingraham advised Parliament Thursday.

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Damianos Sotheby’s International Realty President George Damianos deepens ties with European affiliates

NASSAU, Bahamas -- President of Damianos Sotheby’s International Realty, George Damianos recently attended the de Rham Sotheby’s International Realty Sailing Competition in Switzerland.

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Local retailer teams up with window manufacturer to distribute world-class products

FREEPORT, GRAND BAHAMA, SEPT 30, 2008 – The Home Centre and Fenestration & Glass Services have teamed up to increase distribution of a wide range of advanced hurricane impact resistant window solutions that are manufactured here in Grand Bahama.

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BAIC's business empowerment series resumes Thursday Oct. 8

NASSAU, Bahamas -- Bahamas Agricultural and Industrial Corporation’s acclaimed Business Empowerment for Entrepreneurs lecture series resumes Thursday (October 8), 7pm, at the National Centre for The Performing Arts, East Shirley Street.

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Select Committee on lands hearings resume Monday Oct. 5

NASSAU, Bahamas -- The House Select Committee appointed to investigate the disposition of all publicly held lands is to resume its hearing on Monday 5th October at the Police Headquarters Paul Farquaharson Building at 10:30 a.m.

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Bahamas Financial News Update 9/28/09

The week began with moderate activity with 13,948 shares trading in the local market today.
AML Foods Ltd. (AML) traded 10,491 shares increasing by +$0.03 to close at $1.10.
Cable Bahamas (CAB) traded 457 shares to close unchanged at $10.03.
Finco (FIN) traded 900 shares to close unchanged at $9.30.
Focol Holdings Ltd. (FCL) traded 100 shares to close unchanged at $4.50.
Focol Class 'B' Perpetual Preference (FCLB) traded 2,000 shares at a par value of $1.00, valuing $2,000

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Royal Fidelity Weekly Market Wrap - Sept 21st - 25th, 2009

During the week investors traded in ten out of the twenty-four listed securities of which none advanced, six declined and four remain unchanged.

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Rum Cay project in $12 million land wrangle

Plans for a $12 million Rum Cay marina centered around neighboring Sumner Point land may have washed away with the economy, with the owners of the land now seeking to reacquire that land from the development company — citing defaults on the purchasing agreement.

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The Bahamas and San Marino sign Tax Information Exchange Agreement

A Tax Information Exchange Agreement (TIEA) was signed between the governments of The Bahamas and the Republic of San Marino, at the 64th Session of the United Nations General Assembly in New York on Thursday, September 24.

Deputy Prime Minister and Minister of Foreign Affairs the Hon Brent Symonette signed the agreement, which will enable cooperation in tax matters between both countries. It was the third that The Bahamas Government has concluded.

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Bahamas Financial News Update 9/21/09

The week began with 102,107 shares trading in the local market today.

AML Foods Limited (AML) traded 22,760 shares falling by -$0.01 to close at a new 52-week low of $1.14.

Bank of Bahamas (BOB) traded 42,200 shares declining by -$0.28 to close at a new 52-week low of $5.90.

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BAIC wants more Bahamian produce in tourism

NASSAU, Bahamas -- Bahamas Agricultural and Industrial Corporation (BAIC) has plans for more local produce to appear on menus of hotels, restaurants and other tourism-related businesses, Deputy General Manager Don Major said.

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Bahamian production company chosen for behind-the-scenes video of celebrity photo shoot

FREEPORT, BAHAMAS -- Grand Bahama-based Keen i Media was recently hired to shoot a behind-the-scenes video for a celebrity photo shoot at The COVE at Atlantis.

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Commonwealth Bank donates school supplies to Grand Bahama, Sweetings Cay and Bimini students

FREEPORT, Grand Bahama -- In keeping with the bank's commitment to assist in developing the communities in which we live and conduct business, Commonwealth Bank is taking its corporate responsibility seriously by recognizing a need and giving back to the community in a big way by assisting Bahamian students with 'Back-2-School’ supplies.

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Sir Orville Turnquest elected Chairman of high-tech ‘multi-play’ communications provider

NASSAU, Bahamas -- A company that plans to revolutionize the way businesses, residents and visitors in the region receive everything from news to entertainment and information today took another step toward its formal launch, naming a prestigious board of directors and the former Governor-General of The Bahamas as its chairman.

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LPIA sees 400k passenger decline in one year

A Nassau Airport Development Company (NAD) executive is pointing to a 400,000 decline in passenger foot traffic through its airport over the same year-ago period — 68 percent of that drop hailing from the United States.

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Protection for CLICO investment

The liquidator for CLICO Bahamas Limited walked out of the Supreme Court yesterday empowered to secure a major asset necessary to ensure payouts to creditors of the failed insurance firm.

Attorney Sidney Cambridge, who represents liquidator Craig 'Tony' Gomez, had stressed repeatedly that the liquidator ran the risk of failing to get under his control investments CLICO Bahamas made in another company known as CLICO Enterprises Limited (CEL).

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Grand Bahama’s first dedicated TV channel is launched

FREEPORT, GRAND BAHAMA – Grand Bahama can finally boast of its own dedicated TV station with the launch of Grand Bahama TV, or GBTV, this week.

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Damianos Sotheby’s International Realty brokers attend annual FAR Convention & Trade Expo in Orlando

NASSAU, Bahamas -- George Damianos, President of Damianos Sotheby’s International Realty and Vice President, Virginia Damianos attended the Florida Association of Realtors Convention held in Orlando, Florida last month.

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National Stadium will provide economic opportunities for The Bahamas

Upon completion, the Thomas A Robinson National Stadium will accrue “economic benefits” for The Bahamas and provide opportunities for sports tourism and to host international events, trade shows and exhibitions, the Hon. Desmond Bannister, Minister of Youth, Sports and Culture, said on Saturday, september 5, 2009.

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Bahamas Financial News Update 9/7/09

The week began with 55,870 shares trading in the local market today.

AML Foods Limited (AML) traded 2,120 shares, falling by -$0.05 to close at a new 52-week low $1.15.

Cable Bahamas (CAB) traded 51,000 shares, gaining +$0.25 to close at $11.00.

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Abaco Markets Limited changes name to AML Foods Limited

Heralding the start of a new era of growth and development, Mr. Gavin Watchorn, President and CEO, announces effective immediately, the renaming of Abaco Markets Limited to AML Foods Limited. The name change, which had been approved by the Company’s shareholders at their July 21st Annual General Meeting, was recently formally approved by the Registrar of Companies.

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A Second HGChristie Agent Gains a 'Green' Designation!

Proving that being the oldest and most established doesn't mean that you're not on the cutting edge, HGChristie and its agents continue to respond to the changing global and economic climate. Through implementation and focus of sustainable development and growth, HGChristie is responding to today's market demands.

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Bahamas Chamber of Commerce statement on impact of customs changes on businesses

1st June 09, and in Grand Bahama on 1st July 09, where a further extension to use the old system until the end of the year, was granted due to as noted by the Comptroller – “quirks” in the process, was done hastily with little notice and preparation time for industry participants prior to its implementation.

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Mortgage Corporation helps clients in arrears

NASSAU, The Bahamas -- Clients experiencing difficulties making mortgage payments to the Bahamas Mortgage Corporation should visit its Recovery and Adjustment Centre before their accounts fall into arrears.

“We want our clients to know that if they are having a problem, come in to see us,” said Bahamas Mortgage Corporation Managing Director, Jerome Godfrey. “We are here to serve the public.”

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John Bull slashes costs as U.S. dollar's value strengthens

Retailer John Bull is reporting an ease in supply costs over the last year as the greenback, our currency's peg, strengthens — providing a necessary relief in shaky economic times.

"Our costs have improved a little bit with the dollar holding its own the best it can," Rick Hazlewood, John Bull's corporate director, told Guardian Business. "But worldwide currency factors are something that sadly we have no control over."

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Emerald Bay Resort Sold To Sandals

Nearly three months after the Emerald Bay Resort in Exuma closed its doors, Sandals has finalized its purchase of the property, it was announced yesterday.

The joint receivers of EBR Holding Limited reported that a contract for sale was exchanged four weeks ago. A statement said Sandals worked diligently to secure the necessary government approvals which have cleared the way for the completion of its purchase of the resort.

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Bahamians employed on Nassau Harbour project

NASSAU, Bahamas – Ninety-five Bahamians are presently employed on the Nassau Harbour Port Improvement Project on jobs including welding, equipment operation, technical support, and administration, Government Project Engineer Robert Garraway confirmed.

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Grand Bahama Port Authority donates two Segways to police

FREEPORT, Grand Bahama -- The Grand Bahama Port Authority, Limited (GBPA) donated to the Royal Bahamas Police Fore two new Segway two-wheeled, self-balancing electronic vehicles.

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Government wants insurance for farmers and fishermen

NASSAU, Bahamas -- The Government wants the produce of farmers and fishermen insured in the event of a hurricane.

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AIDS Foundation chosen as recipient of Miss Universe state gift auction

NASSAU, Bahamas – The AIDS Foundation was chosen the recipient of the State Gift Auction – an important component of the Miss Universe Competition, held August 13 at Sheraton Nassau Beach Resort.

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Customs changes reversed, air couriers praise decision

FREEPORT, Grand Bahama -- The future of GB Express and the jobs of its employees are once again secure following a meeting with the Grand Bahama Air Couriers Association and Acting Comptroller of Customs Glenn Gomez yesterday morning.

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Chamber of Commerce hosts EPA seminar

THE BAHAMAS -- The SMESU Trade Unit of The Bahamas Chamber of Commerce in partnership with the Caribbean Regional Negotiation Machinery (CRNM), and the Grand Bahama Chamber of Commerce recently hosted a two-day seminar to highlight the benefits and opportunities that are available to professional service providers through the European Partnership Agreement (E.P.A.). Seminars were held both in New Providence and Grand Bahama.

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Govt, Cable Bahamas in Talks on Copyright Infringement

International copyright law infringement issues in The Bahamas are heating up once again, with government now in talks with U.S. and HBO representatives on how Cable Bahamas obtains its premium content.

It's a discussion set to take place this week, the minister responsible for broadcasting said yesterday.

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Bank of The Bahamas Earns Newest Toastmasters Charter

Thirty three staff members of Bank of The Bahamas (BOB) will be voluntarily putting in an extra hour every week, smiling or nervously making their way through it -- not to complete bank work, but to build their own self-confidence.

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Grand Bahama Power Company to begin island wide meter audit

FREEPORT, Grand Bahama – Providing stable and efficient power to their customers is one of the most important jobs for Grand Bahama Power Company, but safety of their customers is crucial.

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Grand Bahama Airport Company completes successful emergency drill

FREEPORT, Grand Bahama -- On Tuesday, Grand Bahama Airport Company (GBAC) successfully conducted a full-scale airport emergency response exercise. “Operation Mike Alpha” was designed to test the emergency preparedness of first-response agencies, government departments and private sector entities.

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Prime Minister explains mitigating measures to counter economic crisis

NASSAU, Bahamas -- The Bahamas has employed a number of mitigating measures to alleviate the short-term negative shock to highly vulnerable sectors of the society occasioned by the global economic crisis, Prime Minister the Rt. Hon. Hubert Ingraham said.

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Bahamians benefit from airport project says PM

NASSAU, Bahamas -- Bahamian firms are already benefiting from the airport redevelopment project, Prime Minister, the Rt Hon Hubert A Ingraham, confirmed during groundbreaking ceremony, July 9, at the Lynden Pindling International Airport (LPIA)

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Inconsistency at Customs hits energy efficient firms

BAHAMIAN suppliers of energy efficient equipment and technology are “finding it very difficult to function” because of the inconsistent treatment their imported products receive from the Customs Department, a former Chamber of Commerce president said yesterday, with some shipments allowed in duty-free and others charged the full 45 per cent.

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Grand Bahama Port Authority hosts ‘open bid process’ meeting for construction of new arts and crafts centre

FREEPORT, Bahamas – For the first time in its history, The Grand Bahama Port Authority, Limited (GBPA), hosted an ‘Open Bid Process’ meeting. This meeting was held for the construction of the new Grand Bahama Arts and Crafts Centre on Friday, 3rd July, 2009 at GBPA Headquarters.

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PM reveals designs for new Supreme Court complex and new straw market

NASSAU, Bahamas - Prime Minister the Rt Hon Hubert Ingraham has unveiled architectural drawings for the proposed multi-million dollar straw market to be constructed downtown Nassau.

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Bahamians urged to take advantage of opportunities with new cruise incentives

NASSAU, Bahamas -- Public Works and Transport Minister the Hon. Neko C. Grant urged Bahamians to take full advantage of “the many income generating opportunities” that new cruise incentives legislation offers.

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Government 'working hard' to repair homes

Minister of Housing, the Hon. Kenneth Russell, as he addressed the the Chamber of Commerce's Meet the Ministers Forum, June 25. (BIS photo/Letisha Henderson)NASSAU, The Bahamas -- The Government has spent about $3 million to repair 303 homes since 2007, Minister of Housing the Hon. Kenneth Russell said. With the costs ranging from $1,000 to $40,000 per home, residences in New Providence, Grand Bahama, Exuma and Abaco have been repaired.

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Stage set for BTC privatisation

NASSAU, Bahamas – The stage is set for the commencement of the privatisation of Bahamas Telecommunications Company, after the regulatory structure is approved and due diligence completed by the privatisation committee, Prime Minister the Rt Hon Hubert Ingraham has confirmed.

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Arawak Cay cultural mecca plans 'on course'

Operations Manager Sonny Russell is overseeing the upgrade of the Arawak Cay Cultural and Heritage Centre. (BIS Photo/Letisha Henderson). NASSAU, Bahamas -- The Government’s pledge to upgrade the Arawak Cay Cultural and Heritage Centre into "a cultural mecca in the region" remains on course

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'Mango Card' provides electronic transactions for tourists

The Ministry of Tourism and Aviation has partnered with Transfer Solution Providers Ltd. (TSP) to launch the new Tourist Mango Card.

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Top Bahamas Chamber business award winners announced

The Bahamas Chamber of Commerce paid tribute to leading Bahamian business leaders at their 38th Annual Awards Ball held on Saturday, June 27 at Sandals Royal Bahamian.

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Gov't to amend cruise ship overnighting incentives; new cruise port for GB

NASSAU, Bahamas - The Government is to amend the Cruise Ship (Overnighting Incentive) Act, 1995, to strengthen the country’s competitive position in the cruise industry, Prime Minister the Rt Hon Hubert Ingraham told Parliament on June 29.

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UNEXSO partners with local hotels

FREEPORT/LUCAYA, GRAND BAHAMA ISLAND, June 23, 2009 – International Underwater Explorers Society (UNEXSO), the premiere dive operation and dolphin experience facility located in Freeport/Lucaya, Grand Bahama Island, is pleased to announce a cost saving line up of featured hotel and condo properties to their 2010 dive group programme.

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The Cancer Centre Bahamas and Bahamas Heart Center Awarded CEDA Grants

A local medical facility specializing in the prevention, diagnosis and treatment of the two biggest killers in the Caribbean, heart disease and cancer, has been awarded the highest grants provided by the Caribbean Export Development Agency (CEDA), it was reported yesterday.

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Major changes needed in health care—Minister

NASSAU, The Bahamas --- Changes must take place in the processes used in the development, recruitment and management of human resources in the healthcare sector of the Bahamas if it is to meet growing health demands, Minister of Health, Dr. the Hon. Hubert A. Minnis, declared.

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Bahamian entrepreneur to share his story on local TV

NASSAU, BAHAMAS—Mervin Sweeting’s enduring spirit, perseverance and fortitude to continue his life’s dreams despite the most difficult of times will be spotlighted in July’s episode of Visionaries Wealth Management and Business Show on ZNS TV 13 and JCN 14.

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OAS grants seven scholarships to Bahamians

NASSAU, Bahamas – Seven Bahamians received Organization of American States scholarships to pursue studies aimed at further developing The Bahamas. Deputy Prime Minister and Minster of Foreign Affairs the Hon Brent Symonette presented the recipients with their certificates during a ceremony at the Ministry of Foreign Affairs on June 18

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Commonwealth Banks on Future of Downtown Nassau

Commonwealth Bank, one of the first corporate citizens to recognise the potential of historic Nassau, recently reinforced its support for a new movement to transform the 260-year-old city into a thriving mecca for shopping, dining, entertainment and living.

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Insurance company launches initiative to preserve policies during economically challenging times

A local insurance company announced the launch today of a payments solution that allows those hardest hit by the recession to keep coverage intact by extending payments – interest-free -- until the economy rebounds.

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Centreville House Becomes “An Oasis”

Nassau, Bahamas - With the restoration of the former Collins House on Shirley Street, the Antiquities, Monuments and Museums Corporation (AMMC) is leading the way as downtown Nassau gets a facelift.

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Bahamas Real Estate Association's gala banquet marks 50th anniversary

A gala banquet was held at the Atlantis Resort on May 29th, to mark the 50th Anniversary of the Bahamas Real Estate Association and its achievements over the years.

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Fresh Start: An Investment in Bahamian Youth

NASSAU, Bahamas – The Ministry of Youth, Sports and Culture has invested $185,000 in the success of the Fresh Start Programme, Minister the Hon Desmond Bannister confirmed.

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Bahamas gov't waives taxes on flights to Grand Bahama in effort to draw more visitors

Vernice Walkine, director general of The Bahamas Ministry of Tourism, confirmed that the destination will be cutting taxes on airline tickets.

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Budget debate concludes for the week

NASSAU, Bahamas -- Debate on the 2009/2010 budget wrapped up Friday

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ERA Dupuch Real Estate wins top in region for 4th consecutive year

In what could be the most convincing proof yet of the strength of the Bahamian real estate market, the local affiliate of a major international real estate franchise walked away with the regional prize for top sales again this year, leading firms in six Caribbean countries.

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BIFF to honour Bahamian Gavin McKinney with the 1st Bahamian tribute award

NASSAU, Bahamas -- The 2009 Bahamas International Film Festival (BIFF) is pleased to announce that the esteemed Director of Photography Gavin McKinney will be honoured with the first Bahamian Tribute Award at this year’s Festival, taking place December 10 -17 in Nassau.

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Budget debate begins

NASSAU, Bahamas -- Debate on the 2009/2010 budget began in the House of Assembly on Monday, June 8, 2009.

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George Myers named 2009 Lifetime Achievement Award recipient

NASSAU, Bahamas -- Veteran hotelier and businessman, George Myers, will be heralded as The Bahamas Chamber of Commerce’s 2009 Lifetime Achievement Award recipient for his immeasurable contributions to the growth of tourism and business in the Bahamas.

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GB Power gives Bahamian students a head-start with co-op program

FREEPORT, Grand Bahama -- In this time of economic uncertainty, now more than ever, companies are searching to make an investment when hiring.

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Dedication pays off at Isle of Capri Casino in Grand Bahama

After more than five years with Isle of Capri Casino at Our Lucaya, Estell Miller was promoted to the position of Sous Chef on Sunday at the weekly Sunday Brunch Buffet held at the Cove Restaurant on the property in Freeport, Grand Bahama.

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Chamber announces finalists for annual business awards

NASSAU, Bahamas -- The Chamber of Commerce today announced the finalists for the 2009 Annual Business Awards to be presented during their 38th Annual Awards Banquet and Silent Auction scheduled for Saturday, June 27 at the Sandals Royal Bahamian Hotel.

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150 jobs created at The Balmoral

NASSAU, Bahamas -- Dion Foulkes, Minister of Labour and Social Development, officially opened The Balmoral, an upscale residential development project in western New Providence, on Friday, May 29.

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Prime Minister views progress of West End Grand Bahama cleanup programme

WEST END, Grand Bahama – Prime Minister the Rt. Hon. Hubert Ingraham said Sunday that he was impressed with the progress of an ongoing conch shell cleanup programme in West End

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Khaalis Rolle elected new president of Bahamas Chamber of Commerce

NASSAU, Bahamas -- Khaalis Rolle, Chief Marketing Officer at Bahamas Ferries, was elected president of The Bahamas Chamber of Commerce during its recent 2009 Annual General Meeting (AGM) held at the British Colonial Hilton.

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Bahamasair Northern Director greets PM Ingraham ahead of scheduled retirement

FREEPORT, Grand Bahama -- Fred Cooper, Bahamasair Northern Director with responsibility for Grand Bahama shakes hands with Prime Minister the Rt. Hon. Hubert Ingraham at the Grand Bahama International Airport on Sunday, May 31, 2009.

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Works Minister inspects roads in the Current, Eleuthera

Public Works and Transport Minister Neko Grant and a team of Ministry officials inspected road works in the Current, Eleuthera during a visit on Thursday, May 28, 2009. Minister Grant said the inspection was done to ensure that the Government is receiving “quality work for expenditure.” He said the Ministry has some “concerns” regarding the road paving in that settlement and in Harbour Island and promised that “immediate” steps will be taken to have them corrected. Minister Grant (4th from left) is shown pointing to a portion of the recently completed road in the Current. Pictured from left are Deputy Director of Works (Civil Department) George Hutcheson, Permanent Secretary Colin Higgs, Member of Parliament for North Eleuthera and Speaker of the House of Assembly Alvin Smith, Mr. Grant, and engineer Dion Munroe. (BIS photo/Letisha Henderson)ELEUTHERA -- Public Works and Transport Minister Neko Grant and a team of Ministry officials inspected road works in the Current, Eleuthera during a visit on Thursday, May 28, 2009.

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Isle of Capri Casino extends stay at least until August 31

SAINT LOUIS – May 29 2009 - Isle of Capri Casinos, Inc. (NASDAQ: ISLE) announced today that it has entered into an agreement to continue operating the Isle of Capri Casino in Freeport, Grand Bahama during a transition period, following which Isle of Capri intends to exit the operation.

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Bahamas signs Schengen visa waiver agreement

NASSAU, Bahamas - The Government has signed a 'Short Stay Visa Waiver Agreement' which allows Bahamians to travel visa-free to Schengen European countries for up to three months, the Ministry of Foreign Affairs announced.

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TSA’s 'Secure Flight' enters the first phase

The Transportation Security Administration (TSA) announced that on May 15 the Secure Flight passenger vetting program went into effect.

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Prime Minister outlines protection of policyholders and annuitants of Clico

Communication to Parliament on Clico (Bahamas) Ltd. by Rt. Hon. Hubert A. Ingraham, Prime Minister

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Prime Minister delivers 2009/10 budget communication

COMMONWEALTH OF THE BAHAMAS 2009/10 BUDGET COMMUNICATION
Presented to the Honourable House of Assembly by The Rt. Hon. Hubert A. Ingraham, M.P., Minister of Finance
Wednesday, 27th May, 2009

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Sen Foulkes comments on interest in The Bahamas as int'l insurance centre

Senate Presentation by Senator the Hon. Dion Foulkes, Minister of Labour and Social Development on a Bill for an Act to Revise the law regulating the carrying on of External Insurance Business from within The Bahamas

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Prince George Wharf readied for mega cruise ships

Nassau, Bahamas – The Ministry of Public Works and Transport and Bahamas Construction International Limited have signed a $2.3 million contract for the structural refurbishment of Prince George Wharf and installation of mooring bollards there.

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Senator Foulkes congratulates Kay Smith on consul appointment

REMARKS BY SENATOR THE HON. DION FOULKES, 25 May 2009, on the Resignation of Senator Kay Smith

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Fashion and food spell success at 'Dollars for Scholars' fundraiser

NASSAU -- Education has found its muse. Fashion! Two hundred guests supported education and the Doctors Hospital Dr. Meyer Rassin Foundation as patrons made their way to Luciano’s of Chicago to enjoy a luncheon and fashion show “Dollars for Scholars” to raise scholarship monies for Bahamian students studying in the healthcare field.

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Contracts for Abaco roads and sidewalks signed

Public Works and Transport Minister Neko Grant is pictured with contractors who received contracts to reconstruct and resurface Abaco roads and construct sidewalks in Cooper’s Town on Thursday, May 21, 2009.

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Marsh Harbour Airport contract signed

MARSH HARBOUR, Abaco -- The Ministry of Works and Vancouver Airport Services signed a contract for the terminal design of the new Marsh Harbour International Airport.

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Commercial fishery solution for Lionfish

A commercial fishery operation targeting the invasive Lionfish species could produce a "win-win” situation for the Bahamian economy, fishing industry and the environment, a leading environmental consultant told Tribune Business Wednesday, generating the perfect ‘triple bottom line’ impact.

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US Embassy to close Monday for Memorial Day

In observance of Memorial Day, the U.S. Embassy will be closed on Monday, May 25, 2009.

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Bahamas submits maritime boundaries to UN

NASSAU, Bahamas - The Ministry of Foreign Affairs has submitted to the Secretary General of the United Nations, preliminary scientific information indicative of the outer limits of its Continental Shelf beyond 200 nautical miles.

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SkyBahamas expands service to Cat Island

Nassau, Bahamas May 11, 2009 - Now making good on their promise to bring daily flights into Cat Island, SkyBahamas Airlines Ltd., the Bahamian Regional Airline, will be launching the first of its daily flights into New Bight, Cat Island on Tuesday, May 19, 2009.

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Prime Minister outlines circumstances surrounding Emerald Bay closure

Communication by Rt. Hon. Hubert A. Ingraham, Prime Minister, on closure of Emerald Bay Resort Ocean Bight, Exuma, May 18, 2009

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Hands for Hunger signs up Sands Brewery and SHG Management for 'Paradise Plates'

NASSAU, Bahamas -- Hands for Hunger, a Bahamian non-profit organization that works to provide food to Bahamians in need, has signed up two major beverage suppliers as partners in their first-ever major fundraising event.

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Tourism Minister touts benefits of improved communications sector

NASSAU, Bahamas – Proposed legislation to upgrade the communications sector will give the Bahamas the competitive edge it needs, Minister of Tourism, Senator Vincent Vanderpool-Wallace said. “Efficient communications systems are fundamental to a modern society and to modern commerce,” he said.

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Baha Mar Chief Executive Sarkis Izmirlian to address Chamber AGM

The Bahamas Chamber of Commerce has announced plans to hold its 2009 Annual General Meeting (AGM) on Wednesday, May 27, 2009 beginning at 12:30pm at the British Colonial Hilton.

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Prime Minister opens Commonwealth Local Government Conference in Freeport

Remarks to Opening Plenary of the 5th Commonwealth Local Government Conference - Freeport, Grand Bahama, by Prime Minister the Rt. Hon. Hubert Ingraham

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Senior Justice John Lyons to retire

The Chief Justice has advised His Excellency, the Governor-General, that the Honourable Mr. Justice Lyons, Senior Justice, has given notice that he will retire as a justice of the Supreme Court with effect from 1 August 2009.

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Tighter inventory controls instituted at public healthcare facilities

NASSAU, The Bahamas -- The Ministry of Health has tightened inventory controls at the three state-owned healthcare facilities and at the community clinic level to ensure that a readily available supply of fast-moving drugs “is kept on hand,” Minister of Health Dr. the Hon. Hubert A Minnis said Thursday.

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H.G. Christie's Rhonda Waton becomes first green' real estate agent in The Bahamas

Nassau, Bahamas -- Rhonda Waton, an H.G. Christie real estate agent for Eleuthera, has become the first real estate agent in The Bahamas to complete the courses necessary for, and be awarded with, the Green Designation from the National Association of REALTORS® (NAR).

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Prime Minister responds to Leader of the Opposition on BTC privatisation

Response to Leader of the Opposition on Privatisation of BTC, by Rt. Hon. Hubert A. Ingraham, Prime Minister, House of Assembly, May 7, 2009

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National Security Minister calls new regulatory regime 'progressive for broadcasting'

Hon. Tommy Turnquest, M.P., Contribution on the new Utilities Regulation and Competition Authority

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Greater diversity coming to ZNS programming as public broadcaster

NASSAU, The Bahamas --- Public Service Broadcasting is expected to diversify programming at the state-owned Broadcasting Corporation of The Bahamas (BCB) by accommodating diverse interests, tastes and concerns, National Security Minister Tommy Turnquest told Parliament Wednesday. It will also provide a vital space for free expression, editorial independence and open debate, he added.

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National Security Minister urges Bahamians to become knowledgeable with new communications regime

CONTRIBUTION ON A BILL FOR AN ACT TO PROVIDE COMMUNICATION SERVICES
HON. TOMMY TURNQUEST, MP
May 6, 2009

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Thousands in Washington get a taste of The Bahamas

More than three thousand people got a taste of The Bahamas this past weekend, when The Embassy of The Bahamas to the United States participated in two events that raised the Embassy’s profile in Washington, DC, exposing the metropolitan DC community to Bahamian culture and furthering cultural relations between the neighbours.

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Bahamas National Trust granted $300,000

Mr Deveaux (left) holding a piece of locally harvested pine after it passed through the saw, is pictured with Foreign Affairs Minister Brent Symonette. (BIS photo/Patrick Hanna) The Government has granted $300,000 to the Bahamas National Trust to expand public access to Harold and Wilson Pond Parks, Bonefish Pond, and the wetlands at Skyline Drive using pine from the local forest, Environment Minister Earl Deveaux confirmed.

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MP Kwasi Thompson: Communication bill promises real consumer protection

Contribution on Communications Bill, Utilities Regulation and Competition Authority Bill and the Utilities Appeal Tribunal Bill, J. Kwasi Thompson MP Pineridge

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PM Ingraham: new communications a step towards 'eliminating monopolies'

House contribution on the Communications Bill 2009 by Rt. Hon. Hubert A. Ingraham, Prime Minister, House of Assembly, May 4, 2009

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Education Minister supports Communications Act 2009

Contribution to Debate on the Communications Act 2009 by Education Minister, the Hon. Carl W. Bethel, M.P., 4th May 2009

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MasterCard partners with Ministry of Tourism and local merchants with 'Find Your Way' program

MasterCard Worldwide recently announced the Merchant Champion Award winners for the MasterCard “Find Your Way” program, launched last October. This program seeks to offer merchants the opportunity to give cardholders unique experiences and exclusive benefits.

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Derek Newbold appointed Business Development Manager at GBPA

Freeport, Grand Bahama Island - The Chairman and President of The Grand Bahama Port Authority, Limited are pleased to announce the appointment of Mr. Derek O. Newbold as Business Development Manager for the GBPA Group of Companies effective Monday, 4th May 2009.

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Avoiding Mexico, Carnival brings six unscheduled cruise calls to Grand Bahama in May

Hutchison Port Holdings announces that six (6) unscheduled calls have been requested for the month of May for Grand Bahama.

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Discovery resumes cruise service to Grand Bahama

After nearly a month idle due to mechanical problems, Discovery Sun resumed its scheduled trips plying between Ft Lauderdale and Grand Bahama on May 2.

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Abaco Markets Chairman and Vice-Chairman set to retire - nominating a new generation of leaders to move company ahead

NASSAU, Bahamas -- Abaco Markets Limited Chairman R. Craig Symonette and Vice-Chairman Frank Crothers are set to retire from their respective positions after 20 years – recently indicating that they will not offer themselves for those positions at the Company’s next Annual General Meeting.

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Furniture Plus announces first group of winners in their $40,000 Shop 2 Hop Bahamas promotion

It can be very rewarding to shop here at home in the Bahamas, and Furniture Plus is proving it each month during their 20th anniversary Shop 2 Hop promotion.

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Prime Minister gives remarks at groundbreaking of Cat Island Partners Development

Remarks by Rt. Hon. Hubert A. Ingraham
Groundbreaking Ceremony for PGA Village, Old Bight, Cat Island
Cat Island Partners Development
24 April 2009

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Grand Bahama Power Company partners with Emera to study wind energy possibilities

The Grand Bahama Power Company along with ICDU shareholders Emera Inc. outlined plans for their wind study program which is due to begin in 2 weeks. This study will give the companies vital information on the possibility of using wind power as a means of generating some of the island's power needs.

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Department of Statistics to conduct import/export price survey

During the year 2009 the Department of Statistics will embark upon a project to produce export/import price indexes for The Bahamas.

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First teens and money workshop a success

The economic future looks bright for today's Bahamian teens after scores of them proved that they can live debt free after putting $1,000 to good use during last Saturday's Providing Money Skills Youth Need For Life financial workshop.

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Ministry of Works employees receive customer service training

Nassau, Bahamas – Twenty-five employees of the Buildings Control Division of the Ministry of Public Works and Transport participated in the first of a two-day workshop designed to enhance customer service skills Wednesday.

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Bahamas to Liberalize Communications Sector

House Communication by Prime Minister the Rt. Hon. Hubert Ingraham on the introduction of three Bills to Parliament this morning

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Master plan to be completed for redevelopment of the Queen Elizabeth Sports Centre

The contract for the production of the Master Plan and Environmental Impact Assessment (EIA) study for the redevelopment of the Queen Elizabeth Sports Center has been awarded to Integrated Building Services (IBS)/IBI Group.

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World Meteorological Organization’s hurricane session opens in Nassau

The 31st session of the World Meteorological Organization’s Hurricane Committee opened on Monday with a reminder of the impact global warming can have on small island nations like the Bahamas.

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United States looks forward to strengthening ties with the Caribbean

PORT OF SPAIN, Trinidad – United States President Barack Obama met with leaders of the Caribbean Community (Caricom) in bilateral talks Friday; a meeting expected to lead to a strengthening of existing bonds between the US and the Caribbean.

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PM Ingraham: Bahamas does not expect to be named in US stop taxation legislation

PORT OF SPAIN, Trinidad – Reaffirming that there is no justification for the United States to name The Bahamas in a stop taxation bill, Prime Minister the Rt. Hon. Hubert Ingraham said The Bahamas does not expect that its name will appear in such legislation at the end of the day.

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Chronic diseases exact high toll on finances

The treatment of chronic, non-communicable diseases (CNCDs) is placing an “astronomical” burden on the healthcare system and the economy of The Bahamas as estimates show that almost $30million was spent in 2008 on medication to treat 11 chronic diseases at public and private healthcare facilities, Minister of Health, Dr. the Hon. Hubert A. Minnis said Friday.

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Devolution of ‘specialty services’ to improve access to healthcare

The ongoing devolution of specialty healthcare services from the tertiary care level to the primary care clinics will allow for easier access to those services at the clinical or community level, while facilitating the enhanced clinical management of conditions and diseases for the prevention of secondary complications, Minister of Health Dr. the Hon. Hubert A. Minnis said Tuesday.

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PM Dismisses OECD Scare

Prime Minister Hubert Ingraham is not immediately concerned with the Bahamas being placed on the ‘grey list’ by the G-20 countries. He announced on Sunday, however, that the government will move forward to engage in a tax information exchange agreement (TIEA) with Canada.

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37 new dumpsters donated for New Providence

The Caribbean Bottling Company (CBC), canner of Coca-Cola, has joined the ‘Keep The Bahamas Clean, Green and Pristine’ programme; donating 37 garbage dumpsters to the Government.

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BTC privatization legislation to be tabled this month

The Government is expected to table legislation before the end of this month to ensure that the long-awaited process of privatizing the Bahamas Telecommunications Company comes to fruition.

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Environment Ministry launches programme to stem coastal zone erosion

The Ministry of the Environment is spearheading a programme to stem the erosion of coastal areas by ridding the country of invasive plants not native to The Bahamas such as casaurina and Hawaiian sea grape (scaevola).

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Discovery Cruise Lines cancels sailing due to engine trouble

Miami, FL --- Discovery Cruise Line, which offers cruise service between South Florida and Grand Bahama Island every day of the week except Wednesdays, announced the cancellations of sailings through April 12.

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China’s Ambassador sees Andros’ potential

NICHOLLS TOWN - The agricultural potential of Andros has caught the attention of China’s Ambassador to The Bahamas His Excellency Hu Dingxian.

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Privy Council Judicial Committee on third working visit in The Bahamas

Nassau, Bahamas – The Judicial Committee of the Privy Council; the final court of appeal of The Bahamas, affects “the lives of Bahamians, the region and people in the wider common-law world,” Attorney General and Minister of Legal Affairs Senator the Hon. Michael Barnett said Monday.

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Felix Stubbs resigns as Chairman of GBPA

Freeport, Grand Bahama – The Board of Directors of The Grand Bahama Port Authority, Limited (GBPA) announced on Friday, March 27th, their acceptance of the resignation of Mr. Felix Stubbs as Chairman of GBPA. Mr. Stubbs will continue as a Director of the Board of GBPA.

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Bradford Marine Bahamas adds Biggs as Commercial Manager

Bradford Grand Bahama, Ltd. (Bradford Marine Bahamas), one of the Bradford Marine family of companies, announces that they have added John Biggs as Commercial Manager at their Freeport shipyard.

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Bahamas and Canada sign asset sharing agreement

The Bahamas and Canada signed an Asset Sharing Agreement, formalising an arrangement to confiscate the proceeds of drug trafficking, money laundering and other criminal activities.

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'Landmarks' demolished as VOPAK begins expansion work

Three smoke stacks were demolished at the VOPAK oil storage facility on Grand Bahama to make room for additional tanks and equipment to expand the company's storage facility.

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Sotheby’s International Realty brand celebrates fifth anniversary

Damianos Sotheby’s International Realty, a luxury real estate firm based in Nassau, Bahamas, today announced that this month marks the fifth anniversary of the launch of the Sotheby’s International Realty network, of which it is a member.

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Bahamas Christian Council donates to NEMA

The National Emergency Management Agency (NEMA) accepted a cheque donation from the Bahamas Christian Council (BCC) during a presentation on Tuesday, March 10, 2009 at NEMA’s office, Churchill Building, Nassau.

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Top producing HG Christie real estate agents honoured

H.G. Christie Ltd., the oldest and most extensive real estate agency in the Bahamas, recently honoured their top revenue producing agents. These agents are recognized annually and have set themselves apart by achieving outstanding fiscal results through professionalism, hard work and dedication. The top producing sales agents of H.G. Christie Ltd. for 2008 were Neil Aberle of Abaco, Rhonda Waton of Eleuthera, Donna Jones of Grand Bahama, and Elbert Thompson of New Providence.

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Prime Minister gives statement on CLICO (Bahamas) situation

COMMUNICATION ON CLICO (BAHAMAS) LIMITED BY RT. HON. HUBERT INGRAHAM, PRIME MINISTER & MINISTER OF FINANCE

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DG of Tourism Vernice Walkine talks about the new initiatives to improve Grand Bahama's tourism sector

Director General of Tourism in the Bahamas Ministry of Tourism Vernice Walkine presents some of the plans and objectives to improve the state of the tourism sector in Grand Bahama.

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Legislation imminent for unemployment benefit programme

Legislation for the implementation of an unemployment benefit programme is expected to be brought to Parliament this month, with plans by the Government also underway to launch prescription drug programmes to assist the elderly, indigent and sufferers of chronic non-communicable diseases, Prime Minister the Rt. Hon. Hubert Ingraham told Parliament Monday.

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Zhivargo Laing discusses opportunities and challenges for Grand Bahama

Minister of State for Finance the Hon. Zhivargo Laing provides his insight into the opportunities and challenges for residents of Grand Bahama, discusses the need to resist xenophobia and presents some detail about a new stimulus programme for the island.

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Abaco real estate couple buck realty trends

At a time when real estate agents in the US are bailing, looking for jobs in any industry that has a better shot at steady income than theirs, one Abaco couple is digging their heels in, and moving up not out.

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GBPA president talks about his vision for Grand Bahama

Newly appointed president of the Grand Bahama Port Authority Ian Rolle talks about his vision and plans, and provides some insight into his preparation for his new position.

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Bahamas working to cut food import bill

Recognising the extensive import food bill and the shortages experienced after each hurricane, The Bahamas has embarked on a mission to grow as much of its food as possible, Minister of Agriculture and Marine Resources the Hon. Lawrence Cartwright said at the opening of the 2nd Annual Agricultural, Marine Resources and Agribusiness Expo.

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New Bahamian TV station opens in Abaco

On Saturday, Feb 28, 2009, Prime Minister Hubert Ingraham and Minister of National Security with Responsibility for Broadcasting Tommy Turnquest were present and spoke during the official opening of the new TV station BCN – Bahama Christian Network – in Murphy Town, Abaco. The station, owned and operated by Radio Abaco broadcaster Silbert Mills, was made possible through its granting of a national television license which was received late in 2008.

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The Abaco Beach Resort at Boat Harbour announces new “Bahamas Buddies” Kids Club Programme

The Abaco Beach Resort at Boat Harbour’s new family entertainment programs and special events delight Resort guests, visitors to the Island and locals alike. In true traditional Bahamian fashion, the Resort proudly offers an array of exciting events and uplifting Island entertainment, earning the title, 'Entertainment Capital of the Abacos!' One of the newest programmes the resort now offers is their unique 'Bahama Buddies' Kids Club.

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Minister of State for Finance underscores importance of 'unified' GB Port Authority

State Minister for Finance the Hon. Zhivargo Laing said Monday that given the current economic situation facing Grand Bahama, a united Grand Bahama Port Authority is crucial.

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GB Port Authority President addresses Grand Bahama Business Outlook

Remarks by Ian B. A. Rolle, President, The Grand Bahama Port Authority Ltd at Grand Bahama Business Outlook Monday, 23rd February 2009

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Prime Minister officially launches Freeport campus of Ross University

Remarks by Rt. Hon. Hubert A. Ingraham official opening of Ross University Freeport campus Ross, Grand Bahama, February 20, 2009

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Ian Rolle appointed President of GBPA

The Board of Directors of The Grand Bahama Port Authority, Limited (GBPA) and Port Group Limited (PGL) today announced the appointment of Mr. Ian B. A. Rolle as President of the Group.

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Bahamas looks forward to 'continued mutually beneficial relations' with China

Greetings by Rt. Hon. Hubert A. Ingraham Prime Minister at Dinner in Honour of H.E. Hui Liangyn Vice Premier, State Council People’s Republic of China 17 February 2009.

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SkyBahamas Airlines Ltd. Introduces a New Flight to Marsh Harbour, Abaco

On January 23, 2008 SkyBahamas Airlines Ltd. launched regular flight service into Marsh Harbour, making Abaco its newest family member in travel destinations along with Exuma, Freeport, and Bimini.

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Top Chinese government official tours Grand Bahama

In an extensive whirlwind tour of Grand Bahama, Vice Premier of the People's Republic of China Hui Liangyu reviewed the many major investments and developments that have been key to that islands growth and development.

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Carnival Conquest making inaugural call to Grand Bahama

The Carnival Conquest will be making her inaugural call to Grand Bahama on Wednesday, February 18, 2009 at 8am.

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Grand Bahama People-to-People program seeks local volunteers

The People-to-People Unit of Grand Bahama is proud to announce the re-launch of the program after an absence of one year out of the market place. During the next two weeks we will be actively recruiting new volunteers to host the many visitors that will participate in the program.

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New state-of-the-art simulator at Freeport Container Port

Freeport Container Port, a world-class container transshipment hub between the Eastern Gulf Coast of the United States, the Gulf of Mexico, and the Caribbean, has upgraded its Crane Operator Training Program through the use a new Ship-to-Shore (STS) and Mobile Harbour Crane (MHK) Simulator from GlobalSim, a Kongsberg Maritime Company.

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Carnival exec to tout cruise opportunities for Grand Bahama

Giora Israel, Senior Vice President of Ports & Destination Development for Carnival Corporation & PLC, the world’s largest cruise line, is slated to address the 11th Annual Grand Bahama Business Outlook in Freeport, Grand Bahama on February 23 at the Westin Sheraton Our Lucaya.

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Home gardening flourishing

Something just wasn’t right. Julia Munroe-Neilly’s food bill kept going up but the amount of groceries she was bringing home kept going down. She decided to do something about it. She enrolled in the Ministry of Agriculture and Marine Resources’ backyard gardening project.

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24 honoured for service in tourism

Four outstanding employees and 20 retirees received special honours recently at the 3rd Annual Ministry of Tourism Signature Awards (MOTSA).

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Cacique awards 2009 - Tourism high performers receive a spectacular show of gratitude

Tourism high performers received a spectacular show of gratitude January 30, when winners of the 13th Annual Cacique Awards were revealed at the awards ceremony at the Rainforest Theatre.

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Furniture Plus joins Tourism Today, Bahamasair, and eight island resorts to promote domestic tourism

When the going gets tough, the tough get going… back to the islands, that is! Furniture Plus celebrates their 20th anniversary throughout 2009 by remembering their cherished Bahamian roots and rewarding those who loyally shop at home here in The Bahamas.

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ERA Dupuch Real Estate names top agent

A real estate expert recently honoured for handling $20 million in luxury condo hotel sales at The Reef on Paradise Island has been named ERA Dupuch Real Estate top performer for 2008.

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Government progressing plans to upgrade crown land management system

Making Crown Land available at concessionary rates for home construction and business endeavours, particularly in the Family Islands, is one of the Government’s Crown Land commitments to the Bahamian people.

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Lunch & the Law to tackle topical issues

The third annual Lunch & the Law presentation organized by the Law Library of the Libraries & Instructional Media Services Department of The College of The Bahamas will take place on Friday 30th, January, 2009, at the British Colonial Hilton Hotel, beginning at 9.15 a.m.

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COB signs branding contract

The signing of a branding contract for the College of The Bahamas is pivotal because it is an initiation of steps that “will forever change the images and the symbols” associated with the institution, COB president Janyne Hodder said Wednesday.

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Lunch & the Law to tackle topical issues

The third annual Lunch & the Law presentation organized by the Law Library of the Libraries & Instructional Media Services Department of The College of The Bahamas will take place on Friday 30th, January, 2009, at the British Colonial Hilton Hotel, beginning at 9.15 a.m.

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Globally experienced manager brings expertise to Freeport Concrete

Freeport Concrete Company Limited announced this week the appointment of Mr Martin Foody as Concrete and Block Plant Manager in charge of their new ready mix concrete batching facility in Freeport, Grand Bahama.

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Bahamas bids farewell to United States Ambassador Siegel

The Bahamas said farewell to United States Ambassador to The Bahamas His Excellency Ned Siegel Wednesday, thanking him for his work in bilateral agreements, HIV/AIDS and breast cancer initiatives.

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Ross University medical students arrive in Grand Bahama for opening week of classes

Since the announcement in July 2008 that Ross University, a division of DeVry Inc. (NYSE:DV), will open a branch campus in Freeport, Grand Bahama, in January 2009, construction and local hiring has been happening full tilt.

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Ministry of Agriculture considering several initiatives to strengthen food security in the country

The Ministry of Agriculture and Marine Resources is considering a direct intervention in the management of commercial food stocks to foster the maintenance of minimum levels of certain critical items for up to 12 weeks to ensure availability in the event of a disruption of supplies.

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Lyford Cay Foundation accepting grant applications from local non-profit groups

Lyford Cay Foundation, Inc. is pleased to announce that its Gifts and Grants Committee is currently accepting applications from Bahamian non-profit and charitable organisations who wish to apply for an award.

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Grand Bahama Power Co. announces lowest surcharge rate since May 2007

The Grand Bahama Power Company is pleased to announce that the fuel surcharge for January 2009 has dropped to 5.4 cents per kWh, the fourth consecutive monthly decline and has now reached its lowest rate since 5.9 cents per kWh in May 2007.

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Prime Minister addresses annual Caribbean MBA Conference

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

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Emergency personnel trained in hazardous materials and rescue response

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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Industry stakeholders meet to strengthen tourism training on Grand Bahama

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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Bahamians to get first opportunity for jobs, says Labour Minister

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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Grand Bahama Power employees help Inagua

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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Our Lucaya receives Gold Key award

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 partner with Oxford Business Group for The Report: The Bahamas 2009

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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Government committed to improved Immigration processes

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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BTC Privatistion Committee announces beginning of public consultation

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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Commissioner of St. Lucie County, Florida seeks business and tourism partnership

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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BTC’s Privatisation Committee Chairman says actual sale of company underway

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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DPM tells Oxford Business Group Bahamas economy stable

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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$60 Million for Renewable Energy

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 seminar insipres with colour and decorating tips

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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Thompson Trading Steps In

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 reports 14.5% growth, assets top $735 million

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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75 Pepsi Workers In The Balance

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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New BTC Email Service

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 Announces New Nassau Service

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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'Rotary Celebrates Service Excellence’ gala dinner to honour community leaders

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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U.S. judge approves Lehman asset sale to Barclays

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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Germany's stupidest bankers lose $700 Million

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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US government in $85bn AIG rescue bid

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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Wall Street's Worst Day Since 9/11

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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Bahamas Financial News Update [9/15/08]

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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Bahamas Financial News update for Tuesday, September 2, 2008

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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Kalik turns 20 years old

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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Bahamas flights back at DBIA

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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Marketing Potential of Junkanoo

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 Appoints a New CEO

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

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Sir Arthur Foulkes Meets With Delegates From China

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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The Economy Is “Foul”

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

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Bahamas' ColinaImperial Insurance Selects Plexis Healthcare Systems' Solution

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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$10 Stamp Tax On All Shipments

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 looking to develop in Hope Town

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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New home for Cable Bahamas In Freeport

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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Top Honour For Bank of The Bahamas

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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Jitney Operators Want Unity

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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Can We Change The Bahamian Broadcasting Landscape?

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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Nortel Wins Bahamian GSM Network Contract

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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Location Of Exuma Import Hub Key

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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