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News : New Providence Last Updated: Sep 24, 2018 - 8:20:35 AM
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News : New Providence
David Slatter, a Royal Fidelity Cornerstone - Sep 4, 2018 - 5:26:04 PM

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Michael Anderson, the president of Royal Fidelity Merchant Bank and Trust considers the company’s recent milestone anniversary of twenty years to be a, ‘good start’. And now, with the prerequisite celebratory party behind him, he and his investment management team are keen to make the next 20 years just as meaningful, starting with new products and services and proposed Caribbean expansion plans beyond the present footprint in The Bahamas and Barbados.

David Slatter, Assistant Vice President and responsible for Royal Fidelity‘s Investment Management services, is one of Royal Fidelity’s cornerstones and is proud of the firms continuing progress...
News : New Providence
Presidente turns up the heat with New Summer Promotion - Aug 29, 2018 - 2:14:43 PM

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Bahamian Summers are synonymous with high temperatures, beach bodies, and now thanks to a new promotion from the Caribbean’s favourite beer, it will also become synonymous with ice cold Presidente.

Since its huge re-launch in the local market last year, scores of Bahamian beer drinkers have embraced the crisp and refreshing taste of Presidente; with thousands flocking to support various Presidente events from the wildly successful music vibes tours, to Carnival themed parties and fetes. With Summer in full swing, Presidente Beer, along with their distributor Bahamian Brewery & Beverage Company...
News : New Providence
Palm Cay Expands Sales Team - Aug 16, 2018 - 12:09:44 PM

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Palm Cay, the successful beachfront residential development on Nassau's southeastern shore, today announced the expansion of its sales team with the appointment of 34-year-old Bahamian-born Ahmahl Amedu, a successful restaurant manager with a track record of identifying opportunities and bolstering sales at a trio of restaurants popular with tourists and locals alike.

The new hire comes as developers prepare to break ground on the new $100 million, One Marina residential project featuring 84 luxury condos ranging in price from $800,000 to $1.9 million...
News : New Providence
Royal Fidelity: A Brokerage Account is becoming more mainstream in The Bahamas - Aug 15, 2018 - 9:41:59 PM

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A lot has happened since Royal Fidelity set up its investment and advisory service on Frederick Street in Nassau twenty years ago. Today, its experts advise on not just the country’s largest corporate mergers and acquisitions and initial public offerings but also to an ever expanding base of individuals anxious to learn and capitalise on the firms’ knowledge base of creating and managing wealth.

Belinda Payne is the Manager of the Brokerage Department and after 10 years in an oft times variable economy she still preaches the gospel of the Brokerage Account as a first step in generating income to build meaningful individual wealth... 
News : New Providence
Grand Hyatt Baha Mar earns 2018 Tripadvisor Certificate of Excellence - Aug 9, 2018 - 10:10:03 AM

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Grand Hyatt Baha Mar today announced that it has received a TripAdvisor® Certificate of Excellence. Now in its eighth year, the achievement celebrates businesses that have earned great traveler reviews on TripAdvisor over the past year. Certificate of Excellence recipients include accommodations, restaurants and attractions located all over the world that have continually delivered a quality customer experience...
News : New Providence
PM Minnis to hold office hours for members of the public - Aug 7, 2018 - 9:32:42 AM

In keeping with Prime Minister Minnis’ commitment of accountability to the Bahamian people, during the Parliamentary Recess, and commencing Wednesday 8, August, and each Wednesday through 12 September, 2018, the Prime Minister will dedicate three hours, from 9:00 am. – 12:00 noon to hear the concerns of members of the public.

Individuals are kindly asked to call the Office of the Prime Minister to confirm an appointment at telephone, 702-5500.  Meetings will be limited to 10 minutes only in an effort to accommodate as many persons as possible.
News : New Providence
Outback Bahamas prepares for major expansion - Aug 6, 2018 - 3:46:44 PM

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Since July 2013, the Outback Steakhouse Brand has been serving up Aussie inspired food favorites with a Bahamian twist. Through the continued support of its loyal customer base, the company has continued to ‘Bloom’, offering its customers a superior dining experience in a safe and family friendly environment. Building on that success, the company is proud to announce its expansion into the Turks and Caicos Islands...
News : New Providence
U.S. Embassy Closure in observance of The Bahamas’ Emancipation Day Holiday - Aug 3, 2018 - 11:25:06 AM

The United States Embassy will be closed on Monday, August 6th in observance of The Bahamas’ Emancipation Day holiday. Please be advised that the Embassy will resume normal business operations on Tuesday, August 7th at 8:00 a.m.

For any emergencies involving U.S. citizens, please contact the U.S. Citizens Services Unit of the U.S. Embassy’s Consular Section via telephone: 242-322-1181...
News : New Providence
Six Bahamians selected for US Embassy's Youth Ambassadors Program - Jul 27, 2018 - 12:54:52 PM

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U.S. Embassy Nassau is pleased to announce the students selected to participate in the prestigious Youth Ambassadors Program with the Caribbean scheduled for August 7-29, 2018 in the United States. This year, students from the island of New Providence were eligible to apply to participate in the program.  The U.S. Department of State’s Bureau of Educational and Cultural Affairs sponsors the Youth Ambassadors Program. . . The program aims to promote mutual understanding, respect and collaboration between people in the United States and the Caribbean.

The six students selected to participate in this year’s program include Karajahyah Forbes, a 9th grader at Temple Christian High School, Alia Heastie and Shappelle Marshall, 9th and 11th graders respectively at Queen's College, Carlysle Brown...
News : New Providence
Bahamian Female Leads Major Event Production - Jul 14, 2018 - 8:00:18 PM

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Bahamian female event producer aims to inspire young women to explore careers in technology and delivers world class event management and production for local and international clients.

The field of event management is a male dominated profession and Megan Minus, founder of Create Serendipity is positioning herself as a leader in the field.  Minus explains, “Event management creates a memorable experience for guests attending concerts, conferences or other social affairs so that all of their senses are fully engaged....
News : New Providence
New Flexible Retirement Plan from Royal Fidelity Pension Services - Jul 10, 2018 - 1:35:52 PM

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Nassau, Bahamas - With the long running forecasts that question the National Insurance Board’s ability to meet its obligations to retirees, Royal Fidelity Merchant Bank & Trust (Bahamas) Limited has launched a new retirement account to help retirees fund their retirement – the Royal Fidelity Personal Retirement Account.

Royal Fidelity’s pension specialists investigated and assessed pensioners' needs and formulated the product for new and existing retirees with a minimum of $100,000 wanting to generate attractive returns on their pension funds...
News : New Providence
U.S. Embassy closure in observance of the U.S. Independence Day Holiday - Jul 3, 2018 - 1:06:14 PM

The United States Embassy will be closed on Wednesday, July 4th in observance of the U.S. Independence Day holiday. Please be advised that the Embassy will resume normal business operations on Thursday, July 5th at 8:00 a.m.

For any emergencies involving U.S. citizens, please contact the U.S. Citizens Services Unit of the U.S. Embassy’s Consular Section via telephone: 242-322-1181...

News : New Providence
PwC Bahamas announces two new partners in advisory and assurance - Jul 3, 2018 - 10:25:39 AM

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PwC Bahamas today announced the appointment of two new partners, Kevin Cambridge, Partner in Advisory and Carlton Cartwright, Partner in Assurance, effective July 1, 2018.

Prince Rahming, Territory Leader said, “Our two new partners have exhibited exemplary leadership and have impressive track records in delivering value to our clients in the Bahamas and wider Caribbean.  They are committed to working to give the best of PwC to our clients and to help solve their most important problems. In their new roles, Kevin and Carlton will further strengthen PwC Bahamas...
News : New Providence
BISX Trading Notice - Bahamas Property Fund - Jun 28, 2018 - 6:00:13 PM

The Bahamas International Securities Exchange Limited (BISX) wishes to notify the public that trading in the BISX Issuer: Bahamas Property Fund Limited (BPF) has been suspended by the Exchange until such time as the issuer has completed and published its audited annual financials for the fiscal year ended 31 December 2017 and the quarterly financials for the quarter ended 31 March 2018. As a result, with effect from 10 a.m., Friday, 29 June 2018, BPF shares will not be available for trading over BISX until further notice...
News : New Providence
Sandyport’s Oasis Furniture Launches Bridal Registry - Jun 20, 2018 - 10:30:22 AM

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The popularity of a summertime wedding traces its roots to ancient times when the celebrated Juno – the deity from which the month takes its name – ruled all aspects of women’s lives, including childbirth and marriage.

Fastforward a few centuries and June brides have grown to legendary proportions not only in the global wedding market, a $300 billion industry, but also in The Bahamas. Little wonder why Oasis, a furniture and home décor store located in the Sandyport Plaza on West Bay Street, is rolling out its bridal registry...
News : New Providence
Doctors Hospital Health System announces New Chairman Of The Board - Jun 20, 2018 - 8:47:24 AM

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Doctors Hospital Health System Board of Directors has elected Felix Stubbs as the Chairman effective June 20, 2018

He replaces Joseph Krukowski who retired from position he held since 2003 following Tuesday’s Annual General Meeting.

“I thank Joe for his outstanding performance during these past 15 years and congratulate him on his retirement,” said Felix Stubbs, incoming Chairman of the Board, “His years as Chairman of the Board at Doctors Hospital Health System...
News : New Providence
Doctors Hospital restructures Blake Road facility - Jun 18, 2018 - 9:18:57 AM
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Doctors Hospital Health System is excited to announce the restructuring and renaming of its outpatient services facility on Blake Road.

Effective July 6, 2018, Bahamas Medical Center will begin operating under the name Doctors Hospital West.

As part of the restructuring, elective surgeries will resume in the operating theater starting next month...
News : New Providence
U.S. Embassy Closure in observance of the Labour Day Holiday - May 31, 2018 - 9:37:41 AM


The United States Embassy will be closed on Friday, June 1st in observance of the Labour Day Holiday.  Please be advised that the Embassy will resume normal business operations on Monday, June 4th at 8:00 a.m.

For any emergencies involving U.S. citizens, please contact the U.S. Citizens Services Unit of the U.S. Embassy’s Consular Section via telephone: 242-322-1181...
News : New Providence
United States Embassy Commemorates Memorial Day with a Wreath Laying Ceremony - May 28, 2018 - 4:23:59 PM

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On Monday, May 28, the United States Embassy commemorated Memorial Day with a wreath laying ceremony at Clifton Pier in memory of fallen comrades and military veterans.  Special recognition was given to U.S. Patrol Squadron 23 Sailors, who died off the coast of Nassau on May 7, 1954, Bahamian Private First Class Norman Darling who died in the Iraq War in 2004 and Sergeant Errol McKinney, U.S. Army, a Bahamian killed in a motorcycle accident in 2013 shortly after to returning to Ft. Bliss, Texas following a deployment to Afghanistan...
News : New Providence
Inaugural Launch Reception held for the Bahamas’ Restructuring and Insolvency Association - May 27, 2018 - 4:30:41 PM
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The Restructuring and Insolvency Specialists Association (Bahamas) (“RISA Bahamas”) held its launch event on Thursday 24 May 2018 at the Royal Blue Golf Club, Baha Mar.  In attendance were approximately 50 guests comprising members of the Judiciary, Queen’s Counsel, Certified Financial Analysts, Accountants and Attorneys represented from The Bahamas’ leading institutions, accountancy, and law firms.

Welcoming remarks were given by the Founding Directors of RISA who noted that the organization which has already established similar chapters in the Cayman Islands, Bermuda, BVI as well as the United States amongst others is a first of its kind here in this jurisdiction...
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