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News : New Providence Last Updated: Apr 15, 2021 - 10:23:45 AM
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News : New Providence
Scotiabank upgrading ABM network - Apr 15, 2021 - 10:16:28 AM

Managing Director of Scotiabank (Bahamas) Roger Archer, is assuring customers that the current network upgrades being carried out by the Bank are “necessary disruptors”, that will help to enhance performance and the customer experience in the long run.

Archer explained that while customers may have experienced technical difficulties over the past few weeks...
News : New Providence
New Caves Corporate Center now fully leased by NAI Bahamas Realty Commercia - Jan 22, 2021 - 9:39:14 AM

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NAI Bahamas Realty Commercial, a leading full-service independent commercial real estate firm, announced today that the Cave’s Corporate Center West is now 100% leased. The NAI Bahamas Realty Commercial exclusive listing is a newly constructed Class A office building located on West Bay Street and Blake Road.
 
“The Caves Corporate Center West has been highly sought after since its groundbreaking in 2019,” said NAI Bahamas Realty Commercial’s CEO, Donald Martinborough...
News : New Providence
KFC Nassau Junkanoo Buckets competition awards $40,000 in prize money - Jan 14, 2021 - 1:52:32 PM

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The spirit of Junkanoo was upheld this year despite the parade cancellations made necessary by the COVID-19 pandemic. More than 40 diehard Junkanoos from all over The Bahamas grabbed their paste, crepe paper, tricks and embellishments and of course a KFC bucket, to create stunning headpieces for the KFC Nassau Junkanoo Buckets promotion.

The unique contest, which was sponsored by KFC Nassau and endorsed by National Junkanoo Committee co-chairs Kishlane Smith and Dr Dwight Marshall, required that entries incorporate an actual KFC bucket in the design...
News : New Providence
New facial biometric technology will make CBP preclearance at LPIA more efficient and secure - Dec 7, 2020 - 4:43:45 PM

Starting on December 9, 2020, U.S. Customs and Border Protection (CBP) Preclearance operations at Lynden Pindling International Airport (LPIA) in Nassau will introduce Simplified Arrival.

Simplified Arrival uses facial comparison technology to make inspection easier and faster for travelers, and more secure and efficient for CBP officers and everyone involved in the process...
News : New Providence
Nassau Cruise Port launches 'The Sound of the Future' - Dec 7, 2020 - 10:50:40 AM

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Bahamians and visitors are one-step closer to experiencing the economic upturn and social vibrancy of the new Nassau Cruise Port (NCP). Construction has officially begun with the start of piling - dubbed ‘The Sound of the Future’- at Prince George Wharf. Nassau Cruise Port Ltd. Director of Projects and Facilities, Lionel Turnquest, ENKA Project Manager, Levent Ustaoglu, and Yeled Thompson of Nassau Cruise Port Ltd. note this phase as a major milestone and anticipate its completion by the second quarter of 2022...
News : New Providence
Simplified Lending, MobileAssist® join forces for Innovative Program - Dec 3, 2020 - 10:13:47 AM

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Borrowers who are told to read the fine print before signing usually take it to mean hidden charges or burdensome terms. but for one group, the fine print is taking on a new meaning – getting something for nothing at a time when it’s more welcome than ever.  

That welcome ‘something for nothing’ is access to free marketing at no cost to the borrower who receives it as part of a loan package arranged or offered by Nassau-based Simplified Lending Ltd., a company that is transforming how borrowing for business is handled in The Bahamas...
News : New Providence
Cloud Provider Partners with Global NextGen SIEM Platform - Dec 3, 2020 - 8:26:35 AM

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Now more than ever, companies across the globe rely on technology to start, grow, and protect their businesses. In this new age of cyber warfare, securing sensitive company and client data has emerged as a top priority, no matter an organization’s size or scope of work. As a thought leader in the region, Cloud Carib has focused its efforts on providing first class protections to its client base. The goal, to increase cybersecurity awareness and improve The Bahamas’ standing in the global cybersecurity market...
News : New Providence
Best Private Bank in the Bahamas: Scotia Wealth Management - Nov 17, 2020 - 11:25:18 AM

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Scotia Wealth Management has been recognized by Global Finance Magazine as the Best Private Bank in the Bahamas. The Global Finance Best Private Banks Awards for 2021 honour Private Banks that best serve the specialized needs of high-net-worth individuals as they seek to enhance, preserve and pass on their wealth.

“Scotia Wealth Management is proud to be recognized for its holistic, team-based approach to wealth management,” said Raquel Costa, Senior Vice President, International Wealth Management at Scotiabank. “Our team delivers comprehensive financial plans that are tailored to the unique circumstances...
News : New Providence
RenalMed Associates Welcomes Dr. Mucomba Millar and Dr. Monique Pratt - Nov 13, 2020 - 2:30:29 PM

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RenalMed Associates Medical Centre, a top internal medicine and nephrology practice, located in Nassau, New Providence, announces the addition of doctors Mucomba Millar and Monique Pratt to its team.  Millar and Pratt join the RenalMed family following the passing of Judson F. Eneas, MD, Founder and Medical Director of RenalMed Associates Medical Centre, earlier this year.

Despite the great loss faced by the management and staff of RenalMed, compounded by the Covid-19 global pandemic, the team has expressed a renewed optimism with the arrival of doctors Millar and Pratt...
News : New Providence
Amidst Covid-19, local company launches online training in Anti-Money Laundering - Oct 29, 2020 - 2:33:35 PM

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Local risk and compliance company Accord Services announces the launch of AccordReady©, The Bahamas’ first digital training solution designed to help financial professionals manage the threat of financial crimes, including anti-money laundering, terrorist financing, and fraud.

“Financial crime is a serious problem worldwide, with the estimated annual cost of money laundering and associated crimes between US$1.4 trillion to US$3.5 trillion,” stated Tyrone Neely, Accord Services President...
News : New Providence
Scotiabank announces changes to branch network - Oct 27, 2020 - 9:26:02 PM

Scotiabank has announced changes to its network in an effort to realign its organizational structure with current revenues, as well as the significant shift in customer preferences.

Following a review of its Service Delivery network, the Bank has decided to consolidate operations on the islands of Abaco, Andros, Long Island, Paradise Island and Exuma into branches on New Providence. This consolidation will take place over the next four months and will result in the transfer of all customer accounts to branches located on New Providence..
News : New Providence
Scotiabank Thompson Blvd Branch also temporarily closed due to COVID-19 - Oct 15, 2020 - 1:08:46 PM

Scotiabank Bahamas has announced that its Thompson Blvd Branch will be closed to the public for the next two weeks. Early Thursday (October 15), the Bank was informed that a staff member attached to the branch tested positive for COVID-19, this being less than 24 hours after it closed its Carmichael Road branch for a similar reason.

“Like all of The Bahamas, our operations continue to be affected by the ongoing COVID-19 health crisis...
News : New Providence
Scotiabank Temporarily closes Carmichael Road Branch following COVID-19 exposure - Oct 14, 2020 - 9:52:03 PM

Scotiabank has advised that its Carmicheal Road branch will be temporarily closed to the public effective October 15, 2020, following the confirmation of a positive COVID-19 test among its team members. The tentative date for re-opening is Monday, October 26, 2020.

“Out of an abundance of caution, we have taken the decision to suspend operations at the branch while we provide the necessary support for our staff members,” said Roger Archer, Managing Director, Scotiabank Bahamas...
News : New Providence
United States donates $3.6M in modular shelters, rescue boats, and construction materials for hurricane response in The Bahamas - Sep 18, 2020 - 3:52:00 PM

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The Embassy of the United States in Nassau delivered $3.6 million dollars-worth of modular shelters, medical evacuation boats, and construction materials to The Ministry for Disaster Preparedness, Management, and Reconstruction just in time for peak hurricane season.

Chargé d'Affaires John McNamara delivered the donation to Minister for Disaster Preparedness, Management, and Reconstruction the Honourable Iram Lewis at Coral Harbour in Nassau, just over two weeks after the one-year anniversary of Hurricane Dorian...
News : New Providence
The United States pledges $750K to Fight COVID-19 in The Bahamas - Sep 6, 2020 - 7:35:33 PM

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The United States Government has pledged $750,000 to help health facilities in The Bahamas detect, isolate, and prevent the spread of COVID-19.  The International Federation of the Red Cross and Red Crescent Societies (IFRC) and the Bahamas Red Cross Society, in partnership with the United States Agency for International Development (USAID), will administer the funds...
News : New Providence
Scotiabank operational changes for New Providence Branches between August 19 - 21 - Aug 19, 2020 - 9:51:35 PM

Scotiabank confirms that 3 of its branches in New Providence will be open to the public during August 19 – 21, 2020.

Due to the planned lockdown advised on August 18, 2020, Scotiabank put mechanisms in place for branches to remain closed until August 24, 2020. Consequently, these branches will only be able to facilitate customer service inquiries and offer assistance with using electronic channels...
News : New Providence
Ardastra to remain closed as tourism sector prepares to reopen - Jun 14, 2020 - 9:30:47 AM

As the tourism sector prepares for its July 1 reopening, one popular attraction will remain closed as it attempts to stave off worsening financial conditions triggered when business ground to a halt due to COVID-19.
 
In the worst crisis of Ardastra Gardens &  Wildlife Conservation Centre’s 83-year history, its operators are no different from other business owners the world over who are desperate to figure out the way forward...
News : New Providence
LPIA opens for Inter-Island Travel on June 8th - Jun 7, 2020 - 9:23:14 AM

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Inter-island commercial flights will resume at Lynden Pindling International Airport (LPIA) on Monday June 8th, 2020, in accordance with the Government of The Bahamas’ phased reopening of air traffic in the country.

In preparation for increased commercial activity in terminal, NAD and its airport partners have worked in close collaboration to implement safety protocols...
News : New Providence
Economic Recovery Committee publishes mandate as 7-week consultation commences - May 17, 2020 - 8:20:39 PM
The Economic Recovery Committee (ERC) announced the start of a seven-week period of public engagement to seek sector specific recommendations and input for the ten key sectors that fall under its mandate.

The ERC has a mandate to collaborate and consult with stakeholders...
News : New Providence
Press Club upholds Freedom of the Press - Mar 22, 2020 - 3:20:20 PM

Executives of The Bahamas Press Club 2014 are disturbed by the treatment of the local media in exercising their rights – Freedom of the Press - particularly in light of recent events surrounding the COVID-19 Curfew.

“This is not right and infringes on Democracy which our country – at large has enjoyed for many years,” says Press Club President Anthony Capron...
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