Boney M.'s new manager at the time, Simon Napier-Bell, succeeded in persuading the four original members to briefly reunite and promote this remix album.

The man employed to re-arrange the original hits and create new interest in the band was PWL's Pete Hammond, who previously had remixed many of the Stock Aitken Waterman stable's chart-topping hits with Kylie Minogue, Jason Donovan, Rick Astley and Bananarama.

In early 2021, Hammond recalled the following about the '88 remix project, explaining the new vocals: "The 2inch 24 track multi-track tapes were sent to PWL by Frank Farian of Far Music.

Apparently, they had lost some of the original recordings—four songs if I remember correctly—and had to record four new versions; they were musically incomplete but good enough for me to overdub and remix".

II in 1993, Greatest Hits of All Times – Remix '88 was in fact the final album project to involve all four of the original Boney M. members; Marcia Barrett, Bobby Farrell, Liz Mitchell and Maizie Williams.