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News & Press - Oct 8/24

 

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Sandals reopens – photos

Sandals Royal Bahamian Spa Resort and Offshore Island pulled out all the stops in reopening its property on the Cable Beach strip last Friday night following a two-month closure for $4 million of remedial work. 

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TheBahamasInvestor.com
Monday, November 21, 2016
Monday, November 21, 2016

Sandals reopens - photosSandals Royal Bahamian Spa Resort and Offshore Island pulled out all the stops in reopening its property on the Cable Beach strip last Friday night following a two-month closure for $4 million of remedial work.

Hundreds received the red-carpet treatment for which Sandals is renowned – complimentary valet parking, dozens of butlers queuing up just outside the all-inclusive resort to deliver a personal welcome, and the resort’s photographers snapping pictures of guests complete, with a junkanoo group in the background.

Topping the list of local and foreign dignitaries in attendance were Prime Minister Perry Christie, Jamaican Prime Minister Andrew Holness, former Jamaican Prime Minister P J Patterson, Deputy Prime Minister Philip Davis and Minister of Tourism Obie Wilchombe, among other Cabinet ministers and senior government officials.

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French Blue airline has begun direct flights from Paris to San Salvador. Watch a report about the inaugural flight here. 

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Tourism Today
Monday, November 21, 2016
Wednesday, February 1, 2017

Continue to see videoFrench Blue airline has begun direct flights from Paris to San Salvador. Watch a report about the inaugural flight here.
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University of The Bahamas Charter Day – photos

The Charter Ceremony for the University of The Bahamas and the inauguration of Dr. Rodney D. Smith as president took place at the Thomas A. Robinson National Stadium November 10, 2016. See photos of the event here. Pictured: Dr. Earl Cash (left) installs Dr. Rodney D. Smith as president by Board of Trustees of Bahamas University November 10, 2016. (BIS Photos/Letisha Henderson)

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TheBahamasInvestor.com
Friday, November 18, 2016
Wednesday, February 1, 2017

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Less than 10 years ago, The Bahamas was a virtually forgotten player in the external insurance marketplace, but today, the jurisdiction has a reputation as a market leader, according to an article on the Captive Insurance Times website. 

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Captive Insurance Times
Friday, November 18, 2016
Wednesday, February 1, 2017

Captive InsuranceLess than 10 years ago, The Bahamas was a virtually forgotten player in the external insurance marketplace, according to Tanya McCartney and Michele Fields. But today, the jurisdiction has a reputation as a market leader.

When The Bahamas became a destination for capital investment, it was based on the needs of winter residents escaping colder northern climates. Since that time, the depth and expertise of the country’s financial services has created an industry that is no longer just a destination for capital, but a place for real and substantive businesses. Indeed, it became a location from which one can invest and manage one’s businesses all around the world.

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NewCo2015 Limited, The Bahamas’ second mobile telephony provider, has announced that it will operate under the brand Aliv when it launches its services on 23 November. 

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Telecompaper
Friday, November 18, 2016
Wednesday, February 1, 2017

BRANDNewCo2015 Limited, The Bahamas’ second mobile telephony provider, has announced that it will operate under the brand Aliv when it launches its services on 23 November. “Bahamians are ready for another choice on the market and expect a superior offering from day one and rightly so,” said NewCo vice president of sales and market Johnny Ingle at the launch, according to the Nassau Guardian. The operator is set to offer a range of packages, including unlimited data and voice plans, with some offers also coming with free calls to the US and Canada.

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Corner Bank execs visit PM

Corner Bank (Overseas) Ltd executives, Michele Clivio and Vittorio Cornaro paid a courtesy call on Prime Minister and Minister of Finance Perry Christie (second right) November 11, at the Office of the Prime Minister.  Pictured: (from left) Michele Clivio, Vittorio Cornaro Prime Minister Christie, and Sean McWeeney. (BIS Photo/Peter Ramsay)

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TheBahamasInvestor.com
Thursday, November 17, 2016
Wednesday, February 1, 2017

Central Bank launches foreign currency financing survey

As part of ongoing Exchange Control Liberalisation Proposals the Central Bank of The Bahamas is exploring frameworks for Bahamian-owned businesses to attract non-Bahamian dollar denominated direct financing. 

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Central Bank of The Bahamas/BFSB
Thursday, November 17, 2016
Wednesday, February 1, 2017

The Central Bank of The Bahamas is embarking on another phase in development of Exchange Control Liberalisation proposals, with specific objectives for further, targeted relaxation of capital account transactions. The Bank is exploring frameworks for Bahamian-owned businesses to attract non-Bahamian dollar denominated direct financing.

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National plan to improve ease of doing business

Financial services industry leaders met this week to discuss how to improve business in The Bahamas, boost the country's competitiveness and encourage entrepreneurs. 

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TheBahamasInvestor.com
Wednesday, November 16, 2016
Wednesday, February 1, 2017

Financial services industry leaders met this week to discuss how to improve business in The Bahamas, boost the country’s competitiveness and encourage entrepreneurs.

During a panel discussion at the Bahamas Institute of Chartered Accountants (BICA)’s annual Accountant’s Week, CEO of the Bahamas Financial Services Board Tanya McCartney said business needs to be more streamlined in the country and linked ease of doing business with The Bahamas’ ability to compete within the region and globally.

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The largest cruise ship in the world, Royal Caribbean's Harmony of the Seas, made its inaugural trip to Nassau at the weekend. Watch a ZNS Network news report here. 

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ZNS News
Wednesday, November 16, 2016
Wednesday, November 16, 2016

Continue to see videoThe largest cruise ship in the world, Royal Caribbean’s Harmony of the Seas, made its inaugural trip to Nassau at the weekend.
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The Ministry of Tourism's Weddings and Romance Department is hosting 16 couples for the 16-16-16 Island Wedding Promotion Canada Edition this week. Watch a video about the event here. 

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Tourism Today
Tuesday, November 15, 2016
Wednesday, February 1, 2017

Continue to see videoThe Ministry of Tourism’s Weddings and Romance Department is hosting 16 couples for the 16-16-16 Island Wedding Promotion Canada Edition this week.
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