Bahamas Prime Minister and chairman of CARICOM Perry Christie and a ministerial delegation left for Washington DC on Sunday to participate in the inaugural Caribbean Energy Security Summit.

Christie is scheduled to deliver the policy position of both CARICOM and The Bahamas at this summit. The meetings will be held at the Harry S Truman Building, US Department of State.

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The government has completed the appointment of members of the VAT Appeal Commission. The names will be unveiled this week and include a retired supreme court justice as chairman, a retired senior customs officer and a public accountant.

These individuals will also serve as members of the Customs Appeal Commission.

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Etienne Dupuch Jr Publications Ltd is pleased to announce the release of the January-June 2015 issue of The Bahamas Investor magazine. 

A priceless tool for anyone looking to invest, work or live in The Bahamas, The Bahamas Investor strives to bring the most pertinent, up-to-date information from the jurisdiction.

New digital issue of The Bahamas Investor Magazine is online now!

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Prime Minister Perry Christie said that he regards the Bahamian people as a major asset for the tourism industry.

Christie made the comment during an address at a tourism symposium for frontline tourism professionals held yesterday at SuperClubs Breezes Resort on Cable Beach.

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Cay Haven is on the market for $2.35 million. (Photo courtesy Abaco Cays Realty)

Abaco Cays Realty announced this week it has hit $100 million in listings with properties ranging from a modest Marsh Harbour home to an historic Hope Town cottage and a $14 million estate set on 17 acres of Man-o-War Cay.

The news comes as the firm launches a new website AbacoCays Realty.com.

“Two weeks into 2015 and there’s a lot of buzz in Abaco. After several years of investors being wary because of worldwide economic uncertainty, we are beginning to see more activity, leading us to be cautiously optimistic as we look to the future,” explains Paul Thompson, a former senior hospitality executive who turned to real estate development in 2006, the same year Abaco Cays Realty was founded.

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NEW YORK, January 2015 /PRNewswire/ — New York-based luxury real estate auction firm Concierge Auctions, the industry leader serving high-net-worth individuals worldwide, is pleased to announce its two most recent closings. Innocence Island, the largest privately held island in the Bahamas, sold for $18.7 million, while Peace Ranch, a 610-acre property surrounded by national forest near Aspen, Colorado, sold for $17.2 million.

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Helen Hatton, managing director of Sator Regulatory Consulting, will address the regulatory challenges facing financial jurisdictions at the upcoming International Business & Finance Summit (IBFS) at the Grand Lucayan Resort on Grand Bahama February 5-8.

Specifically, she will tackle questions such as ‘Are businesses, and their clients, attracted to jurisdictions with strict regulatory regimes?’ and, ‘Is there a clash of ideology where a client wants low regulatory standards, yet also wants his service provider to deliver best practice administration and fiduciary care?’

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The former Wyndham property on Cable Beach which is currently being used as a training facility will become part of the Baha Mar megaresort after its scheduled opening in March. Baha Mar President Sarkis Izmirlian says that the company is looking to partner with a Chinese hotel operator to redevelop the site.
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Attorney General Allyson Maynard Gibson, QC, addressed leaders in the justice system yesterday to open the 2015 legal year with a speech that focused on the theme of communication, cooperation and collaboration at all levels of the justice system.

She began by commemorating Majority Rule Day, and stressed that all Bahamians have a special obligation to ensure the nation does not regress in the face of challenges to freedom and safety.

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Bahamas Minister of Tourism Obie Wilchcombe says that he sees massive potential in the Asian tourism market.
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