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Commonwealth Brewery ‘cautiously optimistic’ about 2013
Commonwealth Brewery Limited is cautiously optimistic about its financial prospects for 2013 and beyond, however the proposed introduction of a value added tax and a potentially tougher competitive environment down the road are challenges that need t...
 
 
Cable Bahamas doubles international Internet capacity to meet increasing usage
Cable Bahamas Ltd. has implemented a major increase in its international connectivity to the rest of the world as part of its ongoing network optimization plans.  On Monday, May 13 it boosted its capacity between The Bahamas and its primary and ...
 
 
Bahamas Christian Council tours Baha Mar
Baha Mar hosted 24 members of the Bahamas Christian Council on a detailed construction site tour of the resort followed by a project briefing in the Residential Sales Preview Centre.  The delegation, headed by BCC President Rev. Dr. Ranford Pa...
 
 
Roberts: Major NP improvements acting as economic catalyst
One of the country’s leading real estate brokers is heralding the major infrastructure works taking place in New Providence as the catalysts that will help the economy grow. Larry Roberts, CEO of Bahamas Realty, estimates that 90 percent of the co...
 
 
Govt pushes ahead with national training agency
The government is looking to establish a National Training Agency and debate the necessary legislation before Parliament in the coming weeks. Shane Gibson, minister of labour and national insurance, confirmed to Guardian Business on Friday that the ...
 
 
BREA welcomes RBC’s mortgage campaign
The Bahamas Real Estate Association is throwing its support behind Royal Bank of Canada’s (RBC) recently-launched mortgage campaign, designed to make home ownership a reality for potential buyers. BREA President Franon Wilson is saluting RBC FINCO...
 
 
Top realtors attend regional conference
Top realtors from nine countries including The Bahamas attended a regional conference in Nassau last week. NAI Bahamas Realty Commercial, the commercial division of Bahamas Realty, hosted the NAI Global Regional Conference, designed to gather member...
 
 
Fidelity reports 48% increase in comprehensive income
Fidelity Bank (Bahamas) Limited is reporting strong results for the first quarter of 2013, with comprehensive income increasing by 48 percent to $2 million in comparison to $1.4 million in 2012.  The bank’s return on average equity attributabl...
 
 
Mario Carey Realty announces nine new appointments
When Mario Carey opened the doors of a new real estate firm on the outskirts of downtown Nassau in 2008, the global economy was reeling from a burst in the housing bubble.  He sat alone with one secretary, a history as the industry's super sales...
 
 
BISX visits high schools
The Bahamas International Securities Exchange (BISX) spent the morning of Friday, April 26 at the Doris Johnson Senior High School, speaking to a grade 11 economics class.  This followed an engagement on Friday, April 12 at Queen’s College, sp...
 
 
Sports tourism boost
The country will rake in more than $13 million and gain 20,000 hotel room nights in the 2012/2013 fiscal year from sports tourism, with two international soccer events set for this month expected to boost the nation’s profile worldwide, Guardian Bu...
 
 
Pinder: Business opportunities being sought in Mexico
The Ministry of Financial Services is looking to explore business opportunities in the areas of trade and agriculture between the Bahamas and Mexico. Financial Services Minister Ryan Pinder confirmed to Guardian Business from St. Kitts that currentl...
 
 
RBC launches mortgage campaign
Royal Bank of Canada (RBC) launched a unique mortgage campaign this week designed to make home ownership a reality for potential buyers. The “We will meet you almost anywhere” campaign is expected to highlight the flexibility of the bank’s mor...
 
 
Colina managers share their career journeys at COB’s Business Week
The sole Bahamian actuary working in The Bahamas and the youngest Bahamian Fellow of the Academy of Life Underwriting have two things in common: They both work at Colina Insurance Limited, the largest life and health insurer in the country, and they ...
 
 
New program to produce trained elevator technicians
A new training initiative at the Bahamas Technical and Vocational Institute (BTVI) should produce a minimum of 50 qualified elevator technicians and inspectors, revealed BAIC Executive Chairman Arnold Forbes during a press conference yesterday. Forb...
 
 
Fidelity Bank supports Buddy Walk
The Grand Bahama Down Syndrome Society received a boost from Fidelity Bank, a proud sponsor of the organization’s annual fundraiser.  The Buddy Walk, scheduled for tomorrow, May 11 is now in its second year.  Proceeds raised from this eve...
 
 
Norwegian Breakaway adds Bahamas to itinerary
Norwegian Breakaway, the newest ship for Norwegian Cruise Line, has added The Bahamas to its itinerary beginning in October. The Norwegian Breakaway is the first of two Breakaway class ships that’s being built for Norwegian Cruise Line. Prime Min...
 
 
Progress on stem cell legislation lauded
A leading cardiologist who plans to open a stem cell research facility in the country later this year applauded the government yesterday for tabling draft stem cell legislation in the House of Assembly, but said the law needs some tweaking in order t...
 
 
Sebas Bastian introduces new technology in local construction sector
A young entrepreneur has injected $10 million into technology that he believes will change local construction and save homebuilders up to 25 percent in construction costs. Sebas Bastian, CEO of Aventura Development Group, revealed to Guardian Busine...
 
 
Mango card adding SMS payment option
Executives at Transfer Solutions Providers Ltd. (TSP) are looking to offer its Mango cardholders the option of paying utility bills through an SMS messaging system sometime next month. Harvey Morris, the company’s chief financial officer, confirme...
 
 
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