The Caribbean Hotel and Tourism Association (CHTA) is introducing a schedule of educational sessions at Caribbean Travel Marketplace taking place January 21-23, 2016 at Atlantis Paradise Island in The Bahamas.

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Former financial secretary John Rolle has taken up the post of The Bahamas Central Bank Governor effective immediately.
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CIBC FirstCaribbean has appointed Gary Brown as chief executive officer of CIBC FirstCaribbean with effect 1 January 2016.

Prior to this role, he was global head of corporate banking with the bank’s parent company, CIBC.

The new CEO has stated his intention to build on the strong recovery that the bank has been seeing over the past two quarters, with its highest net income in five years being recorded in the third quarter of 2015.

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Sailors Mike Fish and Martha Garczynski crossed from Ft. Lauderdale to The Bahamas aboard their 47-foot sailboat Layla in December, becoming the first vessel to clear Customs and Immigration at the Palm Cay Marina.

“It was a milestone for the marina and Mike and Martha were so pleased that they could sail directly into Palm Cay without having to clear at another destination or marina first,” said Palm Cay marina manager Demaro Demeritte.

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Here follows a statement released yesterday by Prime Minister and Minister of Finance Perry Christie on the retirement of Wendy Craigg as Governor of The Central Bank of The Bahamas and the appointment of former financial secretary John Rolle as the new Governor:

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What’s the best Caribbean country to live in?

Right now, it’s the Bahamas, according to the 2015 edition of the United Nations Human Development report.

The report, which first launched 25 years ago, aims to explore development not using economic indicators, but with a “new approach for advancing human wellbeing.”

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This is an excerpt from Caribbean Journal as it appeared on January 5, 2016. For updates or to read the current version of this post in its entirety, please click here.

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(Stock Market Wire) – Bahamas Petroleum Co says it is delighted that the Bahamian House of Assembly has passed the the Petroleum Bill and associated regulations, as well as a Sovereign Wealth Bill.

The Bills will now be sent to the Bahamian Senate and following successful passage the Governor General will receive the Bills for assent into law; after which they will be known as the Petroleum Act and the Sovereign Wealth Fund Act.

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This is an excerpt from Stock Market Wire as it appeared on January 4, 2016. For updates or to read the current version of this post in its entirety, please click here.

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NASSAU, THE BAHAMAS, December 2015 /EINPresswire.com/ — NASSAU, The Bahamas – The Bahamas Ministry of Tourism is delighted to announce that The Islands Of The Bahamas was recently named 2015 Leading Wedding Destination at the World Travel Awards in Morocco.

World Travel Awards was established in 1993 to acknowledge, reward and celebrate excellence across all sectors of the tourism industry. The World Travel Awards brand is recognized globally as the ultimate hallmark of quality, with winners setting the benchmark to which all others aspire.

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American Airlines employees at Lynden Pindling International Airport (LPIA) in Nassau have been awarded the Customer Cup for the third quarter of 2015.

The Customer Cup award is categorized by market size from largest to smallest airports according to flight activity. The award recognizes employees for providing excellent customer service at the airport.

LPIA was awarded the Customer Cup for demonstrating the strongest performance and exceeding two out of five metrics, including Customer Complaints and Overall Airport Experience.

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The beachfront and marina community of Palm Cay on New Providence’s southeastern coast has unveiled a new design for its residential offerings – two and three bedroom single level condos for under $500,000.

“Single level residences with the convenience of elevators for second and third floor residents for carrying packages and groceries offer the best of all worlds, the view from above, the ease of living you’d expect at ground level,” said Celeste Nixon, Palm Cay sales and marketing team.

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