Hoteliers, restaurant and bar owners and retailers all enjoyed a spike in sales recently during the Junkanooo Carnival on Grand Bahama, according to government officials.
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The Bahamas International Securities Exchange (BISX) announced today that Commonwealth Bank Limited (“CBL”) has successfully completed the listing process for its Class E,J,K,L,M and N Preference Shares (The Preference Shares). The Shares have been added to the roster of securities listed on the Exchange and will trade through the BISX Automated Trading System (BATS). Each tranche of Preference Shares will trade separately and independently on the Exchange under its own symbol. The Symbols are listed below:

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This is an excerpt from Bahamas International Securities Exchange as it appeared on April 29, 2015. For updates or to read the current version of this post in its entirety, please click here.

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During a recent visit to Exuma, Prime Minister Perry Christie assured residents that “significant” developments will bring new levels of investment and hundreds of new jobs to the island.
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Enchantment Group, a US hospitality management company focused on resort destinations, announced this week that it has acquired The Cove, a luxury beachfront resort on the Bahamian island of Eleuthera, from New Orleans-based businessman Sidney D Torres IV (pictured) and IV Capital.

The 40-acre property, located on the island’s northern end, is just 45 minutes from South Florida. It is serviced by daily flights from Ft Lauderdale, Miami and Nassau into North Eleuthera and Governor’s Harbour airports.

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SAN JUAN (LAHT) – The Bahamas have emerged as the most attractive Caribbean destination for developers as well as for celebrities and other wealthy individuals seeking private hideaways.

Although many Bahamian real estate firms are reluctant to give out information on buyers, the identities of some have become public.

It is known that in 2004, after shooting the first “Pirates of the Caribbean” film in the Bahamas, actor Johnny Depp (pictured, top) paid $3.6 million for a 45-hectare (111-acre) cay.

The actor is said to have created an environmentally friendly oasis on the island, which relies largely on solar energy.

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This is an excerpt from Latin American Herald Tribune as it appeared on April 28, 2015. For updates or to read the current version of this post in its entirety, please click here.

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The Bahamas, represented by the Bahamas Financial Services Board (BFSB) and the Insurance Commission of The Bahamas (ICB), is participating and exhibiting in the Risk Management Society’s 2015 Annual Conference and Exhibition taking place April 26-29 in New Orleans.

Under the theme “New Knowledge, New Innovations and New Encounters”, the event gathers risk professionals from around the world in order to gain expertise, share experiences and be a part of the risk management community. It also an opportunity to connect with colleagues, build new relationships and learn from industry experts. Annually, more than 10,000 persons attend RIMS.

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Deputy Prime Minister Philip Davis has said that the government and BEC are in negotiations with various companies to secure a new partner for the national energy provider.
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Following the completion of Lynden Pindling International Airport’s redevelopment, Nassau Airport Development Co is now in the processes of deciding what to do with the old terminal buildings once they have been fully vacated. Proposals include an airport hotel.
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The Bahamas International Securities Exchange (BISX) has announced that Colonial Pension Services (Bahamas) Ltd. has been approved as a BISX Sponsor Member. BISX Sponsor Members are responsible for bringing mutual fund listings to the Exchange and acting as the first point of contact for mutual funds while they are engaged in the listing application process with the Exchange. Colonial Pension Services becomes the eighth Sponsor Member to join BISX, and brings to the Exchange a wealth of experience in the areas of wealth and pension fund management.

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NASSAU, BAHAMAS, April 21, 2015 /EINPresswire.com/ — Paradise is even closer with two new non-stop flights for the summer between Florida and Eleuthera and Abaco, two popular destinations in The Islands Of The Bahamas. Wildcat Touring, the leading air charter provider for basketball and other college team sports travels, announced they are introducing two non-stop flights from Fort Lauderdale – Hollywood International Airport to North Eleuthera Airport and Marsh Harbor Airport in the Abaco Islands.

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