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BAHAMAS: Labour Statistics Indicate a Decrease in GB’s Unemployment Numbers

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#Freeport, January 25, 2019 – Bahamas – Minister of State for Grand Bahama in the Office of the Prime Minister, Senator the Hon. Kwasi Thompson said Grand Bahama showed a decrease in the unemployment rate from 12.4 per cent to 11.9 per cent.

“It is the first time since 2008, the year which we commonly refer to as the modern day Great Recession that the employment rate decreased below 12 per cent,” Minister Thompson said.

The Minister was responding to the Department of Statistics’ preliminary Labour Force Survey, which was recently released. The Survey was an indication of employment numbers between May 2018 and November 2018.

During a press conference on Wednesday, January 23, 2019, in the Office of the Prime Minister, Minister Thompson said it was important to highlight that the number of discouraged workers in Grand Bahama also fell to a rate of 9.8 per cent.

Discouraged workers, according to the standard definition of the International Labour Organization, are persons without work and available for work, yet were not actively seeking work because they are not hopeful about their prospects of finding work.

“This is a good indication that not only are more people finding employment, but more people are hopeful of finding employment,” said Minister Thompson.  “These are two very good results for Grand Bahama.

“The Labour force survey also showed that in Grand Bahama the number of employed persons in November 2018 was 28,810 which is an increase of 845 more people recorded employed since May of 2018 and an increase of 2,650 more people employed since May 2017.”

Minister Thompson noted that in Grand Bahama, the Minnis-led Administration has been focused on encouraging private sector growth, building a new tech industry, rebuilding and promoting the island’s tourism brand, supporting its strong and growing industrial sector, assisting small business development, continuing and expanding government capital projects, and encouraging foreign direct investment in Grand Bahama.

He added that the survey also included an overall increase in self-employed persons and the Government has injected almost $400,000 into the economy in GB through the Government’s small business grant program which we know has seen new businesses developed and expanded.

Minister Thompson said that it should also be noted that preserving the operation of Grand Lucayan was also significant in ensuring that the island’s major tourism property was stabilized and is now being made ready for re-development.

He said the Government is also looking forward to major foreign direct investments taking full shape this year.

“While this news is encouraging I caution that we will not be satisfied until we see full restoration of our economy,” said Minister Thompson.  “Yes, unemployment of 11.9 per cent is a tremendous improvement from the 21 per cent in 2011, but we can and must do even better.

“We are therefore motivated to work even harder.  We also recognize that while the numbers show that generally things are getting better, we know things are not getting better for everyone.  We all have a lot more work to do until we fulfil Grand Bahama’s true potential.

“We remain grateful to God, and the people of Grand Bahama for their strength and dedication.”

 

By: Andrew Coakley

Release: BIS

Photo Caption: Minister of State for Grand Bahama in the Office of the Prime Minister, Senator the Hon. Kwasi Thompson (left) gave the media a breakdown of the upside of the recent Labour Report, which was released by the Department of Statistics. Also pictured is Permanent Secretary in the Office of the Prime Minister, Mr. Harcourt Brown.

 

(BIS Photo/Lisa Davis)

 

 

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Twist To Win Ends in a Grand Style with Four $5,000 Mall at Marathon Shopping Sprees  

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Twist To Win grand finale winners (l-r) Brian Bethel, Taraceta Neely, Ashia Demeritte and Merlin Adams posing along with their winnings from the shopping spree.

NASSAU, Bahamas — Caribbean Bottling Company (CBC), local producers and distributors of Coca-Cola and Dasani products concluded their 10 weeklong Twist To Win campaign with four $5,000 Mall at Marathon shopping sprees.

The campaign which was available throughout the entire Bahamas allowed consumers to enter by purchasing a 20oz bottle with a yellow cap from the following brands: Coca-Cola, Coca-Cola No Sugar, Sprite, Fanta Orange, or Fanta Grape. Each yellow-cap had a unique alpha numeric code underneath which they submitted to the Twist To Win WhatsApp number.

With each qualifying purchase, participants residing in The Bahamas were entered to win instant prizes and into a grand prize draw to win one of four $5,000 shopping sprees at the Mall at Marathon.

Participants also enjoyed exciting instant prizes such as: Airpods, JBL Speakers, premium Coca-Cola merchandise, $500 Visa gift cards and Amazon, Spotify and Apple Music digital gift cards.

Out of 76,000 plus submissions, Brian Bethel, Ashia Demeritte, Merlin Adams, and Taraceta Neely won the coveted Mall at Marathon shopping sprees at the following select stores, Kelly’s House & Home, The Sports Center, John Bull, Brass & Leather, and BTC.

Leading up to the grand finale shopping spree, Coca-Cola hosted a Trivia Showdown with the eight finalists to determine the four winners. Finalists were tested on their knowledge of World History, Pop Culture, Caribbean Bottling Company and Coca-Cola Facts!

After a few rousing rounds of trivia, the four winners were declared after each winning their spot in the shopping spree by answering their questions correctly and choosing the “Grand Prize” Coca-Cola labeled bottles at random.

The morning of the shopping spree Coca-Cola gave the winners exclusive access to the Mall at Marathon and its participating stores before their usual operating hours. Grand prize winners were greeted with wide smiles from Coca-Cola brand representatives and morning bites before the big event.

At the start of the thirty-minute clock the grand prize winners along with each of their Coca-Cola shopping assistants ran to the various stores collecting items in their arms and carts.

Merlin Adams, a husband and father of four was proud to have executed his game-plan at the end of the shopping spree. With toys, a new phone and materials for his home from Kelly’s, Adams felt accomplished in what he gathered.

Taraceta Neely, a winner from Eleuthera collected beautiful bags for herself and relatives from Brass and Leather and Brian Bethel bought matching athletic and outdoor wear from The Sports Center for his family.

The final winner Ashia Demeritte bought linens and household items in addition to a new phone from BTC right in time for Christmas.

Caribbean Bottling Company is proud to share the real magic of Coca-Cola with the grand prize winners and the may instant prize winners across the Twist To Win campaign. For more updates on new products, promotions, and events follow www.cbcbahamas.com.

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 The Coca-Cola Art Project Astonishes Art Lovers at The Bahamas Culinary & Arts Festival  

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NASSAU, Bahamas — Caribbean Bottling Company (CBC), local producers and distributors of Coca-Cola and Dasani products displayed their astonishing Coca-Cola Art Project (CCAP), during Baha Mar’s five-day Culinary & Arts Festival.                                                                                                                                                                              Earlier this year, Coca-Cola partnered with The University of The Bahamas’ Visual Art and Design Department for a culturally rich art competition. UB’s art students were challenged to create pieces surrounding the theme, Bahamian music.

As a result, 20 student works of art were made, with four students declared as winners at the CCAP exhibit opening in Baha Mar’s ECCHO: Art Gallery in August. To recreate the culturally stimulating magic felt at the exhibit’s premiere, the CCAP was featured at the FUZE Art Tent during The Bahamas Culinary & Arts Festival.

Nine incredible pieces of art lined the walls of the Coca-Cola Art Project, four of which included the winning pieces from Jhanaisia Cole, with ‘Gaulin Bride’; Alyssa Pinder, with ‘Shotgun Wedding’; Nelson Gray, with ‘Untitled’; and Jaela Bowe, with the piece ‘Whims of Obeah, a Folktail’.                                                                                                                                                                                                                     Additionally, an intimate listening room was built. It displayed students’ artistic processes, UB Visual Art and Design representatives, and a recap of the exhibit opening for audiences.

Art enthusiasts also enjoyed premium limited-edition CCAP keepsakes at the booth. Journals which featured a collage of all 20 student submissions on the front and back cover, postcards with an art piece on the cover along with the student’s name, title, dimension and materials on the back and pens designed with the CCAP’s dynamic logo.

Throughout the art festival diverse groups of people visited the art tent taking in the displays while enjoying the artistic insights from the listening booth.

Community and culture are always at the forefront of Caribbean Bottling Community, and it was boldly showcased during The Bahamas Culinary & Arts Festival for the third consecutive year.

For more details on the Coca-Cola Art Project, events and new products visit www.cbcbahamas.com today!

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CWS Brings a Galore of Bubbles at Annual Jollification Festival  

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Caribbean Wines & Spirits team members smiling behind one of the company’s two bars at Jollification

NASSAU, Bahamas — Caribbean Wines & Spirits (CWS), The Bahamas’ premier wines and spirits distributor delighted Jollification attendees with bubbles from their Bottega and Bouvet Ladubay sparkling wines and Besserat de Bellefon champagne lines.

Located in the Monument Circle on The Retreat grounds, CWS transformed The Retreat Garden into a lush lounge with Besserat, Bouvet and their latest product addition, Bottega, during the two-day affair.

The festivities kicked off Friday during BNT Member’s Night. Guests enjoyed exclusive offerings from CWS’s catalogue, offered exclusively to members.  Complimentary mixes or glasses on the rocks included El Tequileno tequila, Hard Truth whiskey, House of Angostura rum, Cross Keys gin, Nemiroff vodka and a slew of wines such as Fonesca Bin, Bottega and Besserat.

Guests also savored the ‘Jolly Paloma’ cocktail, an instant favorite made with El Tequileno tequila, Schweppes Grapefruit and Domaine de Paris rose wine.  To end the night, guests were treated to branded limited-edition wine tumblers as keepsakes.

On Saturday and Sunday, Jollification attendees delighted in glasses or bottles of champagne and sparkling brut or rosé wines while taking in the comfort of the chic lounge.  In addition to purchasing bottles for onsite consumption, consumers were also able to purchase bottles as gifts whether for themselves or someone special.

The sophisticated “bubble lounge” lounge was decked with velvet couches, gold rimmed cocktail tables, blue and pink pillows, and a white floral branded backdrop created for capturing the perfect picture.

Caribbean Wines & Spirits, a historic partner of the Bahamas National Trust was pleased to support Jollification 2025 to kick off the festive season and share their expansive range of spirits.

To keep up to date with all CWS products and events, visit their website at www.cwsbahamas.com today.

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