June 21, 2017 (Hospitality Design) – Jeffrey Beers International (JBI) has unveiled its restoration of the iconic Dune restaurant at the One & Only Ocean Club in the Bahamas. The venue suffered considerable damage in October 2016 following a hurricane.

Spanning 226 seats across its dining and lounge areas, the interior has maintained its resort-style ambiance but has been brightened with a new material palette that includes dove gray Anigre wood millwork, warm gray upholstery accented in coral fabrics and abstract, geometric patterns, and porcelain floor tiles finished in cerused wood.

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This is an excerpt from Hospitality Design as it appeared on June 23, 2017. For updates or to read the current version of this post in its entirety, please click here.

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The Association of International Banks and Trust Companies in The Bahamas (AIBT) hosted its third annual AIBT Regulators Forum at the Baha Mar Convention Centre on June 7, 2017.

The half-day forum brought together regulators, policymakers and law enforcement leaders with industry professionals to review and discuss the current regulatory and enforcement climate in The Bahamas and the impact of global developments on regulation and oversight.

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Here follows the full statement from the Minister of Financial Services, Trade & Industry and Immigration Brent Symonette from Budget 2017/2018 contribution in Parliament yesterday:

Mr. Speaker,
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Pursuant to the commitment of The Bahamas to effectively implement the Common Reporting Standard (“CRS”)/Automatic Exchange of Information, The Competent Authority wishes to advise all financial institutions (FIs) as follows:

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Chief Operating Officer of Balearia Caribbean, Mario Otero, paid a courtesy call on the newly appointed Minister of State for Grand Bahama in the Office of the Prime Minister, Kwasi Thompson June 15, 2017.

Accompanying Otero were Suzanna Epps, Balearia Caribbean; Spencer Mallory, consultant, Balearia; and Ann Knowles, a local manager for Balearia.

They met with Thompson along with permanent secretary, Melvin Seymour and senior under secretary, Harcourt Brown.

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Pictured: Director General in The Bahamas Ministry of Tourism and Aviation, Joy Jibrilu, accepting the award. (Photo via GlobeNewswire)

NASSAU, Bahamas, June 19, 2017 (GLOBE NEWSWIRE) — The Bahamas was presented the 2016 Caribbean Sapphire Pegasus Business Aviation Award for Outstanding Country Promotion, the first award of its kind for the region. The Sapphire Pegasus Award is a symbol of gratitude for the superb performance in an industry segment where mediocrity is unacceptable.

The award was introduced to the region during the Caribbean Aviation Meetup in St. Maarten, June 13-15. “Based on expert advice and the long record of outstanding performance, we decided that The Bahamas should be awarded for the excellent promotion of the Caribbean over a longer period of time in the business aviation industry,” said Antonia Lukacinova, founder of the Sapphire Pegasus Awards.

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The Ministry of Financial Services along with other industry partners attended The Bahamas Financial Services Board’s (BSFB) Landfall events held in Canada (Montreal and Toronto) 30-31May 2017.

The Bahamas Landfall series provides financial services intermediaries and other service providers with updates on legislative and business developments in The Bahamas.

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The Bahamas will stimulate growth by removing unnecessary bureaucracy and improving government processes, according to Prime Minister Hubert Minnis.

The Prime Minister also laid out his “reform and modernisation agenda” and promised those in the business community that he understood their challenges.

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Bahamas Chamber of Commerce and Employers Confederation (BCCEC) opened its annual conclave yesterday, bringing together business representatives from around the archipelago to discuss impediments facing the sector and methods to grow the local economy.

The main topic of the two-day conference is ease of doing business, an area in which The Bahamas is falling behind in comparison to the rest of the Caribbean region.

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