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Coke bottler targets end-July for product launches

CARIBBEAN Bottling Company (Bahamas) yesterday said it was targeting end-July/early August for the launch of new 'low juice fruit' and energy drinks, its president and chief executive yesterday telling Tribune Business that flat year-over-year sales volumes were helping to keep price increases at bay.

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Bahamas urged: 'Look outside' financial sector on Brazil, Asia

THE Bahamas Financial Services Board's (BFSB) immediate past chairman yesterday urged the Bahamas to look beyond financial services when seeking to attract Asian and Brazilian investors to these shores, after the 2012 World Wealth Report identified both regions as the fastest growing market for high net worth individuals.

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PM's meeting with CWC chief 'very cordial'

PRIME Minister Perry Christie yesterday described his meeting with the London-based chief executive of the Bahamas Telecommunications Company's (BTC) majority shareholder on Monday as "very cordial", stating he had reaffirmed his administration's position of seeking to regain the majority equity interest .

Benetton to open 3rd store at Old Fort Bay

A leading fashion retailer is expanding its operations to western New Providence with the opening of its third store in the Old Fort Bay Town Centre, a move designed to increase market share and provide more convenience to a considerable section of its customer base.

Brewery targeting 'modest' volume increase for 2012

COMMONWEALTH Brewery is this year targeting a "modest increase" over the 187,000 hectolitres it sold in 2011, its managing director yesterday saying it was ramping up marketing activity and remained "moderately positive" about its near-term prospects.

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Building loyalty through treating clients like kings

IF YOU want to build brand loyalty, one of the best ways is an event filled with pomp and circumstance.

Colina Holdings lists $30m issue on BISX

THE Bahamas International Securities Exchange (BISX) yesterday confirmed the listing of Colina Holdings (Bahamas) $30 million worth of Class A Preference Shares on the exchange, bolstering its secondary market.

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Economy 'not over hump' despite 2.8% growth claim

BAHAMIANS must not think the economy is "over the hump" despite projections it will grow by 2.8 per cent in 2012, a senior private sector official yesterday saying current anemic activity was likely to persist for "another 12-18 months".

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Minister calls for 'vigilance' on rogue prescription drugs

THE Bahamas must be vigilant in combating rogue operators and counterfeit pharmaceutical suppliers, the Minister of Health said yesterday, describing the issue as a relatively new and emerging problem for the Bahamas.

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$50m project to 'strongly target international market

More than $50 million will have been invested into an eastern New Providence real estate development by year-end, its chief executive telling Tribune Business

Utilities taking the Bahamas 'backwards'

COMPLAINTS were widespread throughout the Bahamian business community yesterday after electricity and telephone services were disrupted for

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Insurer targets 'strong double digit growth'

A Bahamian general insurer yesterday said it was targeting "strong double digit growth" in its bottom line for 2012, its prior year results having been impacted by res

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Grove businesses lose $40m on roads

Members of the Coconut Grove Business League (CGBL) are aiming to meet with Minister of Works and Urban Development, Philip Davis, in a bid to r

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BEC outages 'outrageous'

The Bahamas Electricity Corporation's (BEC) frequent power outages were yesterday blasted as "outrageous" by a leading private sector figure, who said its "ridiculously expensive" and unr

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Chamber chair tells BTC: Compensate businesses

The Bahamas Chamber of Commerce and Employers Confederation's (BCCEC) chairman yesterday urged the Bahamas Telecommunications Company (BTC) to pay financial compensa