Archive | Business

PM Vows to Transform Junkanoo into Economic Enterprise

The government is looking to develop the culture of junkanoo into an economic enterprise for the country; Prime Minister Perry Christie said that it is time for Bahamians to be paid for the hard work they put into the annual cultural art of costume design and music. “Hand bag designers will emerge from this, designers [...]

Read the full story

Posted in Business, National News0 Comments

More Support Could Boost Music Industry

More Support Could Boost Music Industry

Bahamian singer Lattia is urging Bahamians to throw more support behind local artists in a bid to boost revenue, reinvigorate the music industry and keep money in the country. Lattia added that Bahamian artists do not make the kind of money they should be making when compared to other artists around the world. “I don’t [...]

Read the full story

Posted in Business, National News0 Comments

BTC Customers Urged to Stay

BTC Customers Urged to Stay

Cable and Wireless Communications (CWC) CEO Phil Bentley on Friday urged Bahamas Telecommunications Company (BTC) customers to not switch to a new mobile and internet service provider once the industry is liberalised next year. Mr. Bentley’s comments came during a luncheon with government officials and government representatives at the Balmoral Club on Friday to officially [...]

Read the full story

Posted in Business, National News0 Comments

Tourism Officials to Diversify Endorsements

Tourism officials are not only focused on sports-related events but want to bring more diverse events to The Bahamas to help boost the economy, according to Tourism Minister Obie Wilchcombe. Minister Wilchcombe refuted claims by naysayers who have accused ministry officials of only focusing on sports tourism. Over the last year, the ministry has hosted [...]

Read the full story

Posted in Business, National News0 Comments

APD “Leading The Way” With New Technology

APD “Leading The Way” With New Technology

The Arawak Port Development Limited (APD) is “leading the way” with new technology after it became the first company in the Caribbean to implement the top software for marine terminals. Navis, which is considered the Microsoft of the marine industry, combines industry best practices with innovative technology and world-class services that enable marine terminal operators [...]

Read the full story

Posted in Business, National News0 Comments

Two Bahamians Among Hospitality Scholarship Recipients

CIBC FirstCaribbean International Bank has awarded $10,000 for two new scholarships for Caribbean nationals, as well as continuing to support two previous scholarship winners through its partnership with the Caribbean Hotel and Tourism Association Education Foundation (CHTAEF). Scholarship recipients, two of whom are Bahamians, are pursuing a higher education or professional development in the hospitality [...]

Read the full story

Posted in Business, National News0 Comments

Hotels Offer Special Rate For Football Game

A number of New Providence hotels are offering special rates for Family Island participation of the prestigious HBCUX Classic games next month. HBCUX, an American football game, is being held on September 12-14 at the Thomas A. Robinson Stadium. Central State University (CSU) and the Texas Southern University (TSU) – two historically black colleges – [...]

Read the full story

Posted in Business, National News0 Comments

Baha Mar  Names Executive Vice President

Baha Mar Names Executive Vice President

Baha Mar announced Monday that Alex Pariente has been named Executive Vice President, International Marketing for the Baha Mar Casino and Resort, the centerpiece of the $3.5 billion integrated gaming resort. The Baha Mar Casino and Hotel, which will feature the largest casino in The Caribbean with 100,000 square feet of gaming space and a [...]

Read the full story

Posted in Business, National News0 Comments

RBC To Close PI Branch–Some Employees To Lose Jobs

RBC Royal Bank announced over the weekend that it plans to relocate its branch on Paradise Island effective October 17, 2014 and as a result there will be some employees who lose their jobs. The branch will be consolidated with RBC’s Main Branch on Bay Street as part of RBC’s strategy to reconfigure its branch [...]

Read the full story

Posted in Business, National News0 Comments

Café Martinique Named In Top 10 Restaurants

Café Martinique Named In Top 10 Restaurants

It sits amidst the hustle and bustle of Paradise Island’s Marina Village, yet its old-world elegance and iconic style takes diners, seemingly, to another, more peaceful place in time. Chef Jean-Georges Vongertichten’s Café Martinique – just one of several fine-dining options offered at the famed Atlantis, Paradise Island – was recently named among the 10 [...]

Read the full story

Posted in Business, National News0 Comments

Sign Up to Our Newsletter

Join Our BBM Group

Join Us on Facebook