CHICAGO–(BUSINESS WIRE)–Hyatt Hotels Corporation (NYSE: H) today announced that a Hyatt affiliate has entered into a management agreement with CTF BM Operations Ltd. for the operation of Grand Hyatt Baha Mar, the Baha Mar Convention Center and a variety of restaurants, bars and lounges, all of which will be part of the mixed-use Baha Mar Resort on New Providence Island in the Bahamas. The Baha Mar Resort will open in phases, with initial operations at Grand Hyatt Baha Mar expected to begin in late April 2017.

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Tuesday, 28/02/2017 (Finance Magnates) – There is a new option gaining status for forex broker licences and binary options dealers. It is not actually new, but the financial services regulator in The Bahamas is getting quite a lot of attention from forex brokers and binary options dealers seeking a business-friendly jurisdiction.

Located just 80 kilometers southeast of the United States, The Bahamas is historically a base for US and European asset managers, and hosts some of the biggest financial services firms with a thriving community managing upwards of $800 billion.

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This is an excerpt from Finance Magnates as it appeared on February 28, 2017. For updates or to read the current version of this post in its entirety, please click here.

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Accreditation, capital works, and new academic programmes are among the major initiatives occurring at the University of The Bahamas.

Dr Rodney Smith, president, said work has already “aggressively” begun on some of the institution’s “most important goals” and highlighted the changes at a media information meeting held last week at the Culinary and Hospitality Management Institute, University of The Bahamas (UB).

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MONTREAL, February 2017 /PRNewswire/ – EquiSoft proudly announces that it has recently entered into a multi-year service agreement with Family Guardian Insurance Company to implement the Oracle Insurance Policy Administration (OIPA).

OIPA is a state-of-the-art system that will support Family Guardian’s future product developments and sustained efforts in providing first-class services to their customers.

One of the major life and health insurance companies in The Bahamas, Family Guardian offers a broad range of insurance and investment products through three sales divisions: Home Service, Financial Services, and Group Life and Health.

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February 23, 2017 (Travel Weekly) – Atlantis Paradise Island resort in Nassau is in the midst of renovating its tower guestrooms as well as the Marina Village complex. In addition, the resort is adding guest experiences that highlight the Bahamian culture.

“The world changes, and Atlantis is evolving,” said Howard Karawan, president and managing director of Atlantis Paradise Island. “Atlantis has created epic guest experiences over the years, and now we want to offer activities and surroundings that immerse them in authentic Bahamian experiences.”

For starters, the 1,201-room Royal Towers launched the weekly Junkanoo Experience in the lobby’s Great Hall of Waters Cafe on Feb. 17.

This is an excerpt from Travel Weekly as it appeared on February 27, 2017. For updates or to read the current version of this post in its entirety, please click here.

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WASHINGTON–(BUSINESS WIRE)–The Internet Society today released its “Removing Barriers to Connectivity in the Caribbean” report, together with recommendations for increasing Internet adoption in the region. Reflecting the Caribbean’s diversity in size, language, political structure and economic development, the report presents a detailed look at the region’s unique set of connectivity challenges and gives guidance for overcoming these barriers. In particular, it highlights significant progress that has been made as well as the opportunity that exists for better knowledge-sharing between countries and for governments to do more to drive greater Internet use.

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The Ministry of Financial Services has signed a Memorandum of Understanding (MOU) with the Bahamas Chamber of Commerce and Employers Confederation (BCCEC). The MOU is for cooperation in the establishment of a trade information services desk and electronic portal. The event was held February 20, 2017 at the Ministry of Financial Services.

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Here follows remarks by Perry Christie Prime Minister The Bahamas 21 February 2017 at the Symposium on “Implementing the 2030 Sustainable Development Agenda and the SAMOA Pathway in Small Island Developing States (SIDS): Equipping public institutions and mobilizing partnerships”.

The event was hosted by the Government of The Bahamas with the support of the United Nations Department of Economic and Social Affairs (UNDESA) 21–23 February 2017:

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NEW YORK – Low Winter temperatures, a snowstorm and blizzard, was not enough to stop the Bahamas Ministry of Tourism Managers, as well as its Hoteliers and representatives from their Promotion Boards’ attendance, at the recent New York Times and Boston Globe Travel Shows.

Their collective participation provided an impressive representation for The Islands Of The Bahamas.

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This is an excerpt from South Florida Caribbean News as it appeared on February 22, 2017. For updates or to read the current version of this post in its entirety, please click here.

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