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Eden Recycling & Manufacturing Signs Land Lease Agreement with BAIC Bahamas’ First End-To-End Recycling Facility Set to Open in Late 2024
Today, officials from Eden Recycling & Manufacturing Limited announced the signing of a new lease agreement with Bahamas Agricultural & Industrial Corporation (BAIC) to develop three acres of land at the corporation’s Gladstone Road industrial park. Once completed, the facility will be the first in the country to provide end-to-end plastic recycling services.
Sustainability First: Bahamas' First Recycling Center Opening This Year
NASSAU, BAHAMAS - Eden Recycling & Manufacturing Limited signed a new lease agreement with BAIC to develop three acres of land.
Gold Rock properties listed for sale
Gold Rock properties listed for sale
The Gold Rock Steel and Concrete Plant and the adjacent properties on Grand Bahama Highway are on the market after the company shut down two of its divisions last year in a standoff with the Grand Bahama Development Company (DEVCO), a subsidiary of the Grand Bahama Port Authority (GBPA), over its access to raw material from an excavation site at the Devonshire Subdivision.
Morton Salt and BIMAWU Sign Historic Five Year Industrial Agreement
Morton Salt and the Bahamas Industrial Manufacturers and Allied Workers Union (BIMAWU) signed a five year industrial agreement that was witnessed by the Minister of Labour, Senator the Honourable Dion Foulkes at the Department of Labour on Monday, October 21, 2019. The agreement includes wage increase, production bonus, shift premium and holiday pay increases as well as health benefits for workers...
UK economy rebounds more slowly than expected
UK economy rebounds more slowly than expected
The UK's economy rebounded more slowly than expected in May, growing just 1.8% from the previous month, as the gradual easing of lockdown had a modest impact...
Frontliners Shielded from COVID-19 with $25,000 Donation
Personal protective equipment (PPE) is in short supply across the globe as the COVID-19 pandemic continues, and The Bahamas is no exception. In response, CIBC FirstCaribbean locally purchased $25,000 worth of PPE to help the Ministry of Health meet the critical needs of the healthcare workforce...
NEMA to receive Emergency Equipment from Japan
NEMA to receive Emergency Equipment from Japan
The National Emergency Management Agency (NEMA) received grant aid by way of emergency management equipment through a Japanese funding programme...
$20 million contract for four new radars
$20 million contract for four new radars
The government of The Bahamas yesterday signed a $20 million contract for the manufacturing and installation of four Doppler radars to cover all of the islands of The Bahamas with Vaisala, a Finnish company.
Steep decline in 'greenfield' FDI in region
Steep decline in 'greenfield' FDI in region
Foreign direct investment (FDI) inflows into The Bahamas are slowing against the backdrop of significantly tough times in FDI, particularly so-called greenfield FDI, as evidenced by the precipitous drop in capital investment dollars and noticeably fewer FDI projects in the region.
Rolex to open technical institute at John Bull
Rolex to open technical institute at John Bull
Rolex, the leading brand of the Swiss watchmaking industry, and John Bull, official retailer for The Bahamas, are proud to announce the opening in Nassau next September of a Rolex Technical Institute and the launch of the first Rolex technician training session.