Source: The Ordinary Joe Music Blog

On the 28^th of January, 2010 Bahamian recording artists Believe Glynatsis and Skyy Moncur who together form the Pop-duo NCity held the release party for their new single “Dancing in the Rain”. The highly anticipated event took place at Bambu NightClub, DownTown.

Bahamians packed the building in support of the group. In attendance were several big names in the Bahamian talent world such as singer/songwriter Terneille “TaDa” Burrows and Leah Eneas.

NCity has already achieved major success with their single “Like Me” that was also popularized by a music video directed by Farreno “FDot” Ferguson.

Listen to "Dancing in the Rain" here

Photographs:

Terneille “TaDa” Burrows & O’Niel Bain

Believe Glynatsis

Skyy Moncur

Crowd at Bambu

On Friday, November 20th the popular art gallery PopopStudios located in Chippingham, New Providence hosted the opening of Susan Moir Mackay’s latest exhibit entitled “Paradox”.

Mackay is founder of the STARTS organization that celebrates contemporary art in Grand Bahama, and was also a featured artist in the 2006 and 2008 National Art Gallery of the Bahamas Annual Exhibitions.

The evening was filled with beautiful art, wine, cheese and much mingling of local artists and enthusiasts.

Bahamas Mens Rugby team win First Two games

Nygard Cay Burns to the ground.

It was reported that the famous and luscious resort Nygard Cay caught fire. Between the hours of 4:00 a.m. - 9:00 a.m. the Bahamian Disney Land burned, fortunately there was no casualties. Foul play is not being ruled out. I can't even side eye on this one! As more details unfold we shall update you.

some updates taken from ZNS News

- Fire started around 3:00 a.m.
-Lyford Cay f.f. responded and they called 3 additional tucks from the
police fire unit.
-It still burning, the residence and guest rooms itself weren't
damaged.
- Rooms housing clothing were damaged. *side eye*
- Fire started in the northwestern side of the club area.
- Firefighters will be there until maybe 7pm tonight
- Fire is controlled but not out.
- Damages probably about 1 million or so although not explicitly known as per fire chief.
- Ruling out arson for now and at the time of the blaze only security
was there.
- Nygard to fly in. Not in country.

more to follow..

The Committee for the Privatisation of The Bahamas Telecommunications Company Ltd ("BTC") announced on Wednesday that the privatisation of BTC continues to progress with significant interest from prospective parties.

Upon review of the pre-qualification packages submitted in August, the government of The Bahamas has narrowed down the list of interested parties and has invited a select group of potential buyers to participate in the due-diligence phase of the privatisation process.

The due-diligence phase will provide potential buyers with the opportunity to review business, financial and legal information, as well as meet with key executives prior to submitting an economic bid. Due diligence will be conducted over the next several weeks and the deadline for bids is currently expected to be the end of November.

Those who have been invited to this phase were selected by the government based on information submitted evidencing their suitability in accordance with the required pre-qualification criteria. To comply with non-disclosure agreements, the identity of parties invited to participate in the due diligence phase cannot be disclosed prior to the close of the transaction.

Barbados' deposit-taking firms get new reserve ease

THE Central Bank of Barbados has announced a modification to its
monetary policy.

From October 15, the foreign exchange reserve requirement on deposit-taking financial institutions will be reduced from four per cent to two per cent.

This is the second reduction since the foreign exchange reserve requirement was introduced in December 2005 in order to give the bank access to a higher proportion of the foreign exchange held by the commercial banks at that time.

The foreign exchange requirement was previously reduced in June this year from six per cent to four per cent.

LIAT on course for fleet upgrade

Regional airline LIAT is on course to get some new planes that will come with a price tag of about US$54 million. That's what the airline's shareholder governments - Antigua and Barbuda, Barbados and St Vincent and the Grenadines - are aiming for, according to Prime Minister Dr Ralph Gonsalves. He made the announcement as the three leaders held talks in Barbados where the two-day convocation on the Caribbean Community (Caricom) Single Market and Economy took place.

The Vincentian leader said the aim is to replace LIAT's three 37-seater aircrafts with newer ones. In addition to those planes, the carrier also operates a fleet of 18 Dash-8 aircraft.

"We need some new aircrafts. The three (Dash-8) 100s, which we own, we'd like to replace them with 300s," he said.

Recently, the Chinese expressed an interest in providing LIAT with planes and Gonsalves said that offer was under consideration and discussions would also be held with Brazilian aircraft suppliers and the Dash-8 suppliers, Bombadier, as LIAT looks for "the best commercial deal".

But he said the Chinese are anxious to get a foothold in this market.

"They have given us a model for an aircraft which they would like to sell us," Prime Minister Gonsalves said. "They will have generous commercial terms which they grant you."

He said there were also other ways to source funding for the purchase of new aircrafts for LIAT.

"We had gotten planes already from Canada through the Export Development Corporation and we got those planes at really good prices and we were able to deal with our debt," Gonsalves said. "Some of it was forgiven."

During the discussions among the three leaders, the issue of LIAT's dispute with pilots was also raised.

No settlement between the airline's management and the Leeward Island Airline Pilots Association has been reached, despite a September deadline given by shareholder governments.

But Gonsalves was optimistic that the dispute would reach resolution by the end of this month, with the new deadline set.

"We are going to sort this thing out. There is a procedure and we just have to give the process time to work," the St Vincent and the Grenadines leader said.