Search results for : commercial

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News Article
September 02, 2021
PLP vows to increase the number of Bahamian commercial banks

PLP Deputy Leader Chester Cooper said a Progressive Liberal Party (PLP) government would encourage the Central Bank of The Bahamas (CBOB) to grant at least three commercial bank licenses to Bahamians or groups of Bahamians.

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News Article
July 24, 2020
New emergency orders allow int'l commercial flights from all countries

Prime Minister Dr. Hubert Minnis’ latest emergency orders on international travel for visitors now makes it possible for travelers from all countries to enter the country...

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News Article
July 24, 2020
Govt allows commercial flights from U.S. - with 14 days quarantine

THE government has reversed its decision banning commercial flights from the United States to the Bahamas, mandating instead that travelers from all countries quarantine for 14 days when they arrive in this country.

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News Article
November 07, 2019
Commercial banks want ATMs operational on Abaco in a matter of weeks

Commercial banks are working to have automated teller machines (ATMs) operational on Abaco in a matter of weeks, a press statement from the Clearing Banks Association of The Bahamas (CBA) revealed yesterday, adding that some digital banking services can be used in the meantime. CBA [...]
The post Commercial banks want ATMs operational on Abaco in a matter of weeks appeared first on The Nassau Guar...

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News Article
May 07, 2021
More than 5 mil. worth of fraud reported by commercial banks

As the use of technology to complete money transactions rises, so have the instances of fraud, according to The Central Bank of The Bahamas, which yesterday revealed that more than $5 million worth of fraud instances were reported by commercial banks.

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News Article
April 27, 2021
BPC still convinced commercial quantities of oil exist

Despite facing government consternation and environmental advocacy against oil drilling, Bahamas Petroleum Company (BPC) Chief Executive Officer Simon Potter said the company still unequivocally believes in the prospects of finding and producing commercial quantities of oil in The Bahamas.

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News Article
February 08, 2021
BPC ceases drilling as no commercial volumes of oil found

Environmental campaigners were celebrating this morning after Bahamas Petroleum Corporation announced it has ceased its drilling operations after having failed to find commercial volumes of oil.

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News Article
February 08, 2021
BPC: no commercial quantity of oil found

Bahamas Petroleum Company (BPC) announced today that its exploratory well in Bahamian waters failed to produce oil in any commercial quantity. In a statement, BPC said drilling has ceased and the well will be permanently plugged and abandoned. "The Perseverance #1 well in The Bahamas has encountered hydrocarbons, successfully validated the structural model and the petroleum system, and drilled a ....

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News Article
January 22, 2021
Brian Gibson finding success with commercial work with almost a dozen to his credit

Brenda Sands was the first person to notice that her son Brian Gibson's behavior was always exaggerated and designed to "make show" before an audience as she puts it, and she said he has been this way since he was a youngster. She encouraged him -and now - Gibson has quite a few commercials to ...
The post Brian Gibson finding success with commercial work with almost a dozen to his credit appeared...

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News Article
January 06, 2021
Increase in demand for commercial rentals

Although the local real estate market is being hampered by slow mortgage approvals by commercial banks, Bahamas Real Estate Association (BREA) President Christine Wallace-Whitfield said commercial rentals are seeing an uptick. Wallace-Whitfield said the reopening of the tourism sector has also ushered in increased demand for foreign residential rentals and second home purchases. "I have ...
The po...

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