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News : New Providence Last Updated: Oct 20, 2017 - 11:11:13 AM
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News : New Providence
Press Statement From Dexter Cartwright, interim CEO - Oct 20, 2017 - 11:02:49 AM

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As part of our strategic approach to transform to a more customer centric, high performing organization, we are making adjustments to how we run our business.  We are carrying out necessary network upgrades, giving more focus on training and development and improving back office support to better serve our customers.  As part of this broader program, we have adjusted our team structure and as such a few positions at BTC have been made redundant.  We reaffirm our commitment to building a more effective team structure to deliver the best products and services to The Bahamas...
News : New Providence
BIFS highlights more than 150 at Annual Award Ceremony - Oct 18, 2017 - 10:43:47 AM

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More than 150 financial professionals received accolades for their accomplishments at the 41st Bahamas Institute of Financial Services (BIFS) Annual Awards Ceremony at The Balmoral Club on Saturday September 30, 2017.

Overall, 162 awardees were awarded for completion of programmes including: formally-structured programmes and professional certification programmes...
News : New Providence
Nassau Pan-hellenic Council to honour outstanding members at Bahamas Greek Hall of Fame Ceremony - Oct 12, 2017 - 11:18:26 AM

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The President, Officers and Members of the Nassau, Bahamas Pan-Hellenic Council, the local Council of the nine historically black fraternities and sororities, would like to announce the selection of two individuals who will be inducted into the Bahamas Greek Hall of Fame for 2017. The primary purpose of the Bahamas Greek Hall of Fame is to recognize Bahamian Fraternity or Sorority members for outstanding contributions made to the development of Greek Life in The Bahamas...
News : New Providence
BISX Trading Notice: Commonwealth Bank Limited - Oct 6, 2017 - 11:59:22 PM

The Bahamas International Securities Exchange Limited (BISX) wishes to notify the public that the common shares of Commonwealth Bank Limited (CBL) will begin trading on the Exchange on a 3-to-1 split adjusted basis on Friday, 6 October 2017 at 10:00 am.

CBL closed trading on Thursday, 5 October 2017 with a price of $11.50, and had 98,422,852 shares listed, therefore the amended stock and pricing information is as follows...
News : New Providence
U.S. Embassy Closure in observance of the Bahamas’ National Heroes Day and the U.S. Columbus Day Holiday - Oct 6, 2017 - 10:31:17 AM

The United States Embassy will be closed on Monday, October 9th in observance of The Bahamas’ National Heroes Day and the U.S. Columbus Day Holiday.  Please be advised that the Embassy will resume normal business operations on Tuesday, October 10th 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
Dedication of newly-refurbished Stephen Dillet Primary School - Oct 3, 2017 - 3:30:56 PM

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Minister of Education, Science and Technology, the Hon. Jeffrey Lloyd gave the keynote address on Monday at the Dedication of newly-refurbished Stephen Dillet Primary School.  Addressing students, parents, administrators, teachers, other staff of Stephen Dillet Primary School, and senior Ministry of Education officials, Minister Lloyd said $4 million was spent on the refurbishment which took place from June 1 to October 1, 2017. Thirty general classrooms, two pre-school classrooms, a Tuck Shop...
News : New Providence
Bahamian Brewery & Presidente Beer Bottle Cap Contest to send Bahamians to International Concert - Oct 1, 2017 - 7:24:06 PM

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In just two weeks, fourteen Bahamian music enthusiasts will be chosen to enjoy one of the biggest music festivals in the region, all courtesy of the Presidente Caribbean and their distributors, Bahamian Brewery & Beverage Company Ltd (BBB). Following the successful launch of the Bahamas leg of the Presidente Music Vibes Tour, the two companies have joined forces to usher in a in a brand-new contest which will give lucky locals the opportunity to win an all-expense paid trip to the Dominican Republic.

“The Presidente Music Tour is a music platform that unites Caribbean Rhythms,” said Presidente Sales & Marketing Manager Manny Bartolo. “With each Presidente you drink here in The Bahamas, you can get closer to enjoying the biggest musical event in the Caribbean. When you purchase a beer, look UNDER THE CAP, and find the code that will enter you to win!"...
News : New Providence
WSC Disappointed In Release of Customer Private Information - Sep 25, 2017 - 12:36:34 PM

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Nassau, New Providence –   The Water and Sewerage Corporation (WSC) was disappointed to see the headlines in today’s papers, detailing the alleged outstanding bills of its customers.  This list was neither officially nor formally released by the corporation and WSC will not comment on the integrity of the information nor on their clients’ accounts publically.

“We take very seriously the release of customers’ information to the public,” said General Manager of Water and Sewerage Corporation, Glen Laville “Those responsible for illegal disclosure of private records to the media will be dealt with severely once found. This action does not reflect the values of our organization or our commitment to our clients....
News : New Providence
ALIV launches two new promotions for customers - Sep 1, 2017 - 11:04:35 AM

In an effort to continue giving its customers, more “bang for their buck”, ALIV, The Bahamas’ newest mobile network, is pleased to announce its ‘Double Data Forever’ and new switch promotion beginning September 1st.

Double Data Forever allows the customer to receive significantly increase data capacity across all the plans offered by ALIV. The Freedom10 and Freedom20 plans will now have 2GB and 3GB respectively. The Liberty50 and the Liberty75 plans will now have 8GB and 12GB respectively. All the other existing ALIV plans have unlimited data...
News : New Providence
U.S. Embassy Closure in observance of the U.S. Labor Day Holiday - Sep 1, 2017 - 10:51:09 AM

The United States Embassy will be closed on Monday, September 4th in observance of the United States’ Labor Day holiday.  Please be advised that the Embassy will resume normal business operations on Tuesday, September 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
Press Club saddened over death of journalist Larry Smith - Aug 31, 2017 - 12:12:38 PM

The Bahamas Press Club is saddened over the death of noted journalist Larry Smith, who died Sunday, August 27, 2017. He died at his home from chronic heart failure. He was 67.

Anthony Capron, president of The Bahamas Press Club recalls working with Smith during their employment at The Nassau Guardian.

"I remember Larry as a reporter for The Nassau Guardian in the 1980's and more recently in 2003 as the head of the transition team at The Guardian after it was acquired by Bahamian ownership...
News : New Providence
Today show, The Bachelor, Pop Sugar feature Exuma phenomenon swimming pigs video tops 1.4 million views - Aug 29, 2017 - 11:53:38 AM

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Three years ago when Canadian author and communications specialist Jeff Todd and Bahamian filmmaker Charlie Smith,now based in the U.S., talked about getting together to make a film about the amazing swimming pigs of Exuma, the two friends figured it would be fun to film and might draw a little more attention to Exuma where they both had connections.

“We never dreamed one little video would do what it’s done,” said Todd this week after seeing the numbers of viewers. “The video called When Pigs Swim has been viewed more than 1.43 million times by unique viewers and if you include viewers who have seen pieces of it on shows like Today and The Bachelor, the numbers swell to tens if not hundreds of millions...
News : New Providence
Mario Carey touts ‘Airbnb's potential to spur economic growth - Aug 21, 2017 - 10:24:41 PM

 
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The Bahamas has barely scratched the surface of benefits from the short-term home rental movement fostered by companies like Airbnb, says a top real estate broker.

“Airbnb is revolutionizing the travel market enabling visitors to live in a home or apartment where they can experience local life. Airbnb’s popularity among families is especially strong. They may be able to enjoy a pool, a back yard where children can play, a patio for friends to come over for a barbeque,” said Mario Carey, Chairman, Better Homes and Gardens MCR Bahamas Group. “While it is a great business for the homeowner and a great experience for the visitor, short-term home rentals like listings on Airbnb should also be viewed as a trigger for economic growth. The potential is unlimited with the trickle down effects and now that the Bahamas Ministry of Tourism has signed an agreement with Airbnb the uncertainty about taxation, collection and referrals is resolved. That is definitely a step in the right direction that opens many more doors without burdening the homeowner with overregulation.”...
News : New Providence
Dr. Lightbourne successfully reverses symptoms of Diabetes 2 in a patient without insulin - Aug 21, 2017 - 1:26:15 PM

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For patients suffering from Type-2 Diabetes, the daily prick is as predictable as the changing of the tides. But the wave of wellness that is sweeping the medical industry may just be changing the way doctors treat diabetes. And one local expert who treated hundreds of patients in emergency rooms at PMH and the private hospital in New Providence before dedicating his practice to preventative medicine and healthy lifestyles has already reversed the symptoms in a patient who is now insulin-free.

“It has been estimated that there are nearly 40,000 people living with diabetes in The Bahamas and another 30,000-plus who present with pre-diabetic conditions,” said Dr. Arlington Lightbourne, founder of the Wellness Clinic, Collins Avenue...
News : New Providence
BISX lists Oil & Gas Opportunity Lending Fund - Aug 18, 2017 - 11:15:40 AM

Nassau ,Bahamas - The Bahamas International Securities Exchange (BISX) is pleased to announce that the Oil & Gas Opportunity Lending Fund Ltd. (the Fund) has successfully completed the BISX Mutual Fund Listing Process. As a result, the Fund’s shares have now been added to the roster of funds listed on the Exchange. The Oil & Gas Opportunity Lending Fund Ltd. is an open-ended mutual fund.

Oil & Gas Opportunity Lending Fund Ltd. is incorporated as an International Business Company under the laws of the Commonwealth of The Bahamas and was restructured as a Segregated Accounts Company as defined in the Segregated Accounts Companies Act, 2004.

In speaking of the Listing, Ivan Hopper, Chief Executive Officer of The Winterbotham Trust Company Limited stated: “We are pleased to have sponsored the listing of the Oil & Gas Opportunity Lending Fund Ltd...
News : New Providence
University of The Bahamas (UB) announces several key administrative appointments - Aug 16, 2017 - 2:28:28 PM

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University of The Bahamas (UB) recently announced several key administrative appointments at the Oakes Field and UB-North campuses.

Vik Nair, Ph.D. Dean, Graduate Studies and Research:University of The Bahamas (UB) announces the appointment of Dr. Vikneswaran Nair as Dean of Graduate Studies and Research, Office of the Provost...

Peter McWilliam, Ed.D. Dean of Faculty, University of The Bahamas-North :
University of The Bahamas (UB) announces the appointment of Dr. Peter McWilliam as the Dean of Faculty, UB-North, formerly Northern Bahamas Campus...
News : New Providence
ALIV launches in Bimini on Friday - Aug 16, 2017 - 4:36:01 AM

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ALIV, The Bahamas’ newest mobile network, is pleased to announce the opening of a flagship store in Bimini. The official grand opening is scheduled before the for Friday, August 18th.

Chief ALIV Officer Damian Blackburn said the company remains committed to quickly delivering on its mandate to provide superior products and services in The Bahamas.

“We are excited to deliver ALIV’s world-class service to the people of Bimini, offering them the opportunity to now choose the best mobile network in The Bahamas. Our teams have been working judiciously on the island of Bimini to ensure required infrastructure is fully installed and secure key elements for a successful service launch on the island” he said...
News : New Providence
Fox Hill Day Commemoration Basketball Camp - Aug 11, 2017 - 3:34:09 PM

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In recognition of national Emancipation Day/Fox Hill Day commemoration, members of the Rhode Island Rams men's basketball team with Fox Hill Urban Renewal staffers, and children and stakeholders living in the area, held a special basketball camp August 10, 2017. Photo shows group relaxing during a break. 

BIS Photo by Derek Smith, Sr....
News : New Providence
Callenders Maritime Lawyer: ‘Bahamas can regain shipping registry prominence with 2 key measures - Aug 4, 2017 - 10:16:47 AM
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  A maritime attorney with a leading law firm says The Bahamas is only steps away from regaining its position as one of the world’s most respected and sought after shipping registries.

Syneisha Bootle, AA., LLB (Hons.), LLM (Dist.) maritime specialist with Callenders & Co., the country’s oldest law firm with a century-old history with shipping, said the country is poised to regain its position among the world’s fastest growing ship registries, but it must take two steps – update maritime legislation including a half century old insurance act and enact new legislation with strict enforcement provisions..... 
News : New Providence
RBC Executives pay a courtesy visit to Prime Minister Minnis - Jul 31, 2017 - 10:44:03 AM

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RBC Executives, Rob Johnston Head, Caribbean Banking, and Nathaniel Beneby, Managing Director, Northern Caribbean recently paid a courtesy call to Prime Minister, Dr. Hubert Minnis on July 19, 2017.

From L to R include: RBC Executives, Nathaniel Beneby, Managing Director, Rob Johnston, Head, Caribbean Banking and Prime Minister, Dr. Hubert Minnis...
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Bahamas 7-Day Weather Forecast starting October 16
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Aliv Hope Gala Ball under the patronage of Bahamas PM & Mrs. Minnis is this Saturday
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1 Month 2 big events: Aliv Hope Gala Ball & Aliv Pink Party
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Celebrate National Heroes Day at Grand Lucayan
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Oswald Brown Presents a Copy of His Book to the Governor General
Leila O’Brien: A Creative Flower in Full Bloom
Cargo Stars Warren Brown, Jimmy Jean-Louis & Omar J Dorsey to attend Gala Premiere at Atlantis
Miami Carnival to Showcase the Diversity of The Caribbean On Sunday, October 8
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Degas, Impressionism, and the Paris Millinery Trade
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VAT Bahamas
Free VAT Filing Workshop offered from June 13- June 15 in Grand Bahama
D.I.R Announces Operation Enhancement Measures
VAT Filing & Payment Deadline Changes
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