Archive | Business

Gowen Bowe, Chief Executive Officer of Fidelity Bank Bahamas Ltd.

Bowe: Overcoming Challenges to Family Island Development

By Gerrino J. Saunders Journal Staff Writer The 2023 Exuma Business Outlook took place on mainland Exuma on Thursday at the Sandals Resort and Spa with a diversity of speakers, including those from the telecommunications and airline sectors, foreign investors and the keynote speaker Minister of Tourism Investments and Aviation Chester Cooper who is also […]

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Cooper Supports Govt on BOB Bailout

Despite being the opposition’s spokesman for financial services, Exuma and Ragged Island MP Chester Cooper said he does not plan to take a partisan stance on the Bank of The Bahamas (BOB) bailout. In a statement yesterday, Cooper said he supports the Minnis’ administration’s move to continue the rescue of BOB through the transfer of […]

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Oceans Investments Completes BISX Mutual Fund Listing Process

The Bahamas International Securities Exchange (BISX) is pleased to announce that shares of Ocean Investments Resources Fund Limited have successfully completed the BISX Mutual Fund Listing Process. As a result, these shares have now been added to the roster of funds listed on the exchange. Ocean Investments Resources Fund Limited is an open-ended investment fund. […]

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BIBT and CTU Partner to Provide Bachelor’s Degrees

The Bahamas Institute of Business (BIBT), formerly Success Training College, confirmed a partnership to provide a bachelor’s degree program with an international institution. Officials from the Colorado Technical University (CTU) and BIBT paid a courtesy call on Grand Bahama Minister Dr. Michael Darville on last Thursday to explain the benefits of the agreement. Both students […]

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Palm Cay Launches Phase Three – The Anchorage

More than 120 people turned out for an open house at Palm Cay last week, touring the nearly 70-acre oceanfront residential and marina development on New Providence’s southeastern shore. The occasion was the launch of phase three of the community’s condominium component, The Anchorage. Phases one and two are sold out and construction is slated […]

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Bahamas Bureau of Standards and Quality Mobilizes To Improve Labeling of Goods and Products

As the Minister of Financial Services with responsibility for the recently established Bahamas Bureau of Standards and Quality, Hope Strachan announced that the bureau’s work will begin by improving the labeling of goods and products. She made the announcement at the Bureau’s Sensitization Meeting for the Constitution of Technical Committees for Labeling Standards of Goods […]

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Milo Butler Partnership with NEMA in Full Swing

This hurricane season, Milo Butler Distributors is teaming up with the National Emergency Management Agency (NEMA) to promote hurricane preparedness throughout the country. The partnership coincides with the company’s introduction of Swinger Safety Matches to the local market. “We wanted to come up with a creative way to launch the Swinger Safety Matches line and […]

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New Unit, Regulatory Changes for Petroleum Companies, Forthcoming

The government has taken the necessary steps towards the establishment of a Department of Environmental Monitoring and Planning Unit that will be responsible for implementing rules and regulations to prevent, manage and mitigate fuel leaks such as the one that occurred at the Rubis Robinson Road Service Station. The government will also implement “long overdue […]

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Harried Entrepreneurs Offered Online Accounting Tool– Logistikor launches new software

Few small businesses can afford the time and cost of electronic accounting records. That is, until now. With the introduction of value-added tax and its filing requirements forever altering the business landscape, Quincy Rolle, founder of Logistikor.com, has created an affordable, easy to use VAT invoicing and accounting software system with tools customized specifically for […]

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First Bahamian Woman Elected ICAC President

The Institute of Charted Accountants of the Caribbean (ICAC) is pleased to announce that Jasmine Davis has been elected as its new president for the period 2015-2016. Ms. Davis was elected on June 25, 2015 at the ICAC’s 72nd Annual General Meeting held in Port of Spain, Trinidad. She is the first Bahamian woman to […]

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