NASSAU, Bahamas, November 2016 (GLOBE NEWSWIRE) — On November 16, 2016 The Islands of The Bahamas will strengthen its position as the leading destination for weddings and honeymoons when it hosts its 3rd Sixteen Weddings Invitation. The excitement kicks off on November 13 when 16 lucky couples will be treated to a warm Bahamian welcome at an exquisite dinner reception at Fathoms celebration venue at Atlantis.

Officially launched in February 2016, the 16 Weddings initiative gives 16 Canadian couples the chance of a lifetime to have their dream weddings in The Bahamas, simultaneously, at 16 different locations throughout The Islands of The Bahamas.

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Prime Minister and Minister of Finance Perry Christie said that accountants are on the “front line” of The Bahamas’ business and commercial entities, as they are an integral part of the inner workings of the country’s firms and government enterprises.

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Speaking at an event held in Nassau last week, Minister of Financial Services Hope Strachan spoke about efforts being made to shore-up the financial services industry in the face of increased global compliance regulation.
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The Securities Commission of The Bahamas recently hosted securities regulators from 18 jurisdictions across the Americas to discuss cross-cutting securities regulatory matters, further developing the capital markets regulator’s regional and international profile.

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Developers of the ultra-luxury residential Thirty Six condo complex on Paradise Island have said the project is on target in sales and slightly ahead of schedule in construction.

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The Office Of The Prime Minister has released a statement regarding the opening of the Newco2015 Ltd’s administration offices. Here follows the full statement:

Salutations,
In a week of noteworthy developments both here in The Bahamas, and abroad, today marks another important milestone for my Government’s continued agenda for the modernization of our country to meet the demands of the 21st century.

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November 14/16 (ch-aviation) – Trans Island Airways (Nassau Int’l) has been granted exemption authority by the US Department of Transportation (DOT) to run chartered passenger and cargo flights between the Bahamas and the United States.

In its original application, the Bahamian charter specialist said it planned to use its fleet of one Cessna 560 Citation, two Cessna (twin piston) 402Cs, and one Learjet 60 to serve several unspecified destinations in Florida.

Minister of Financial Services Hope Strachan met with officials of the International Trade Centre (ITC), a specialized joint agency of the World Trade Organization (WTO) and the United Nations, November 8, 2016 to discuss the development of a trade information service desk and electronic portal for The Bahamas.

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After 14 years of efforts, the College of The Bahamas has finally been granted university status, with the official ceremony and Charter Day taking place this week.
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The 48th Annual Monetary Studies Conference, which is being held in The Bahamas this week, tops the local business news agenda.
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