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PhamChem: $120m expansion to double Bahamian jobs

PharmaChem Technologies will break ground at month’s end on a $120 million expansion that will double the Bahamian workforce and increase the plant’s output value by 67 per cent.

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Digital entrepreneurs expose boating sector to innovations

BAHAMIAN digital entrepreneurs used the first-ever Bahamas Charter Yacht Show to showcase their products and services to potential customers in the maritime industry.

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Sisters pricing app moves to test stage

A mobile pricing app created by Bahamian twin sisters has met its second milestone by promotion to the testing track on the Google Play Store.

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Recall of antihypertensive drug Valsartan

PUBLIC health patients who filled prescriptions for antihypertensive drug Valsartan have been asked to return their medication for a replacement following an international recall.

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Cable Bahamas in provision automate

Cable Bahamas has deployed Sigma Systems’ provisioning solutions in its residential voice services throughout Nassau, Grand Bahama, Abaco and Eleuthera.

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Ministry caution on medicine containing Valsartan

IN the wake of expanded recalls, the Ministry of Health is purchasing and distributing medication that does not contain the ingredient Valsartan, which is found in several blood pressure medications, the ministry said in a press release yesterday.

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PharmaChem client pulled plug on overrun, output woe

PHARMACHEM Technologies’ sole customer yesterday confirmed to Tribune Business that it pulled the plug on the Bahamian drug maker due to cost overruns and its failure to meet production timelines.

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Facebook says its data can’t be used for ‘surveillance’

Facebook is prohibiting developers from using the massive amount of data it collects on users for surveillance. This includes using such data to monitor activists and protesters.

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Davis: PharmaChem loss a blow to GB – but we tried to intervene

PRIME Minister Philip “Brave” Davis said the government was unsuccessful in intervening to prevent the closure of PharmaChem Technologies and the loss of more than 100 employees, which he called a “blow” to Grand Bahama’s economy.

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PharmaChem close sparks GB population shrink fears

The Grand Bahama Port Authority’s (GBPA) is “deeply saddened” by PharmaChem Technologies imminent closure amid fears it will further depopulate an already-shrinking Freeport.

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Payment provider enters wedding promotion

A digital payments provider is expanding its brand into the wedding business by partnering to provide a payment solution for micro-wedding promotion.

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Bahamian athletes take spotlight at Arkansas Twilight

PRO athlete LaQuan Nairn returned to his alma mater, while hurdler Indea Cartwright led a Bahamian connection at Oral Roberts as they both posted third-place finishes at the Arkansas Twilight in Fayetteville, Arkansas, over the weekend.

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Freeport plant in buy back and $60m expansion

The Italian founder of Freeport’s PharmaChem Technologies plant is attempting to buy it back from its French owner, a move that if successful could result in its $60 million expansion.

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Mitchell questions courts on immigration sentencing

DESPITE the government’s policy change to ensure harsher penalties for breaches of the Immigration Act, Foreign Affairs and Immigration Minister Fred Mitchell said there are concerns that the changes have not been reflected in sentencing by the courts.

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Gov't pledges support for $180m Pharmachem move

PHARMACHEM Technologies has retained two foreign engineering firms to oversee construction of its new $180 million facility in Freeport.Kevin Seymour, the company’s chief financial officer, said Integrated Project Services (IPS) and KPC International

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‘Another kick in the teeth’: GB to lose 100 PharmaChem jobs

The loss of more than 100 well-paid jobs through PharmaChem Technologies’ Friday shutdown was last night branded “another kick in the teeth” for Grand Bahama’s struggling economy.

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PharmaChem buy back deal closes

The Italian founder of Freeport’s PharmaChem Technologies has successfully closed the deal to buy back the company from its French owner, and is now understood to be assessing potential expansion plans.

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Officials downplay hospital condition concerns

PUBLIC Hospitals Authority officials yesterday downplayed several concerns raised by a doctor about conditions at the Princess Margaret Hospital while pointing to changes that have taken place to alleviate issues with the state of the facility.

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Ministry’s travel visa platform now being powered by Kanoo

THE Ministry of Tourism’s Bahamas travel visa platform is now being powered by Kanoo, a payment processing company owned by young Bahamian professionals making history.

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Six-month plant delay hits Pharmachem jobs

A six-month construction delay has forced Pharmachem Technologies to lay-off 23 staff, with possibly more to follow, in what was yesterday described as a “major blow” for Freeport’s economy.

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