Archive | Business

New GB Tour Company Already Expanding

While Grand Bahama is a popular tourism location, it has recently been seeking to improve its attractiveness to tourists. Some surveys indicated that there needed to be more fun activities on the island, maximising the sun and sand Grand Bahama is already known for. The Grand Bahama Port Authority (GBPA) in seeking to improve the […]

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Cable Bahamas And Cash ‘N Go Team Up To Provide More Payment Locations For Customers

In a move to meet customer requests for additional pay centres, Cable Bahamas has partnered with Cash ‘N Go to offer alternative sites for subscribers to make bill payments. As of this week, Cable Bahamas customers in New Providence can visit one of the six Cash ‘N Go locations on the island to pay for […]

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Island Living Announces Appointment of Veteran Broker Christine Wallace-Whitfield

Island Living Real Estate has announced the appointment of Bahamas Real Estate Association (BREA) Director and veteran real estate broker Christine Wallace-Whitfield, BRI, CRS, as the firm’s second broker and the first member to hold the prestigious CRS designation. “We are delighted to announce the appointment of Christine Wallace Whitfield,” said Island Living President Rachel […]

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Commonwealth Brewery Pours Imagination into Two New Drinks

Commonwealth Brewery Limited, the company that is synonymous with Heineken and Kalik, raised their glasses to two new beverages last Thursday, launching a non-alcoholic version of Kalik and a reduced calorie, fruit based natural malt soft drink. Both were unveiled at a customer and media event hosted by the nation’s leading manufacturer and distributor of […]

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Hawksbill Creek Agreement Town Meetings Begin in GB

A series of town meetings hosted by the Hawksbill Creek Agreement review committee began in Freeport at the Foster B. Pestaina Centre at Pro Cathedral of Christ the King on Monday. The purpose of the town meetings is to garner information from residents so as to review and make recommendations with respect to the expiration […]

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World Customs Organization IT Conference and Exhibition Set For GB

The World Customs Organization IT Conference and Exhibition is set to take place in Grand Bahama, May 6 to 8 at the Grand Lucayan Resort. Larry Bodie, superintendent of Bahamas Customs and Gurney Armstrong, chief customs officer attached to the Grand Bahama District and also members of the planning committee confirmed last Thursday that all […]

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CBL’s Independent Mobile Network Solution Approved By Cellular Task Force, Moves On To Final Round

The Cellular Liberalization Task Force announced last Tuesday that Cable Bahamas has been approved to move to the next phase in the selection process. The 100 per cent Bahamian-owned company will participate in the spectrum auction phase, expected to take place in May. Cable Bahamas CEO Anthony Butler explained that CBL would ensure that its […]

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Summit Broadband Wins Contract For Over 100 Wireless Towers in Florida

Cable Bahamas’ subsidiary, Summit Broadband has secured a 20-year contract to provide tower backhaul services. The contract covers the provision of telecommunication tower backhaul services to over 100 wireless tower sites in central and eastern Florida. Summit Broadband will expand its fibre-backbone network by adding a further 280 kilometers to its current 1,500-km fibre backbone. […]

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CBL COMPLETES PREFERENCE SHARES LISTING

The Bahamas International Securities Exchange (BISX) announced last week that Commonwealth Bank Limited (“CBL”) has successfully completed the listing process for its Class E,J,K,L,M and N Preference Shares (The Preference Shares). The shares have been added to the roster of securities listed on the Exchange and will trade through the BISX Automated Trading System (BATS). […]

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Fisheries Industry Set for Rise with BAMSI Plans

When considering the value placed on food security by nations worldwide, The Bahamas should count its blessings that the tongue of the ocean and an amazing plethora of blue holes and other geographical wonders keep millions of fish teeming in its waters. However in 2015, the country still has a long way to go in […]

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