Prime Minister Perry Christie is confident new Minister of Financial Services Hope Strachan will quickly get to grips with the portfolio for the nation’s second biggest industry.
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The Bahamas Prime Minister and his ministerial delegation arrived in Beijing yesterday.

The delegation and ministers will be in briefing sessions all day today ahead of the China/CELAC Forum where Prime Minister Christie is scheduled to deliver the regional statement on behalf of the Caribbean Community (CARICOM) in his first official capacity as chairman.

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SHANGHAI, December, 2014 /PRNewswire/ — Glamour-Sales, Asia’s leading luxury, fashion and lifestyle flash sales website, announced today that it has partnered with Castlemain to offer an exclusive online sale of luxury yacht packages to affluent Chinese consumers for the Chinese New Year. The packages range in price from US$150,000 to US$338,000 and will be offered for a limited time on Glamour-Sales’ China site, www.mei.com.

Buyers may choose from one of four world-class yachts for a chartered excursion to exotic destinations such as Nuku Hiva Island inFrench Polynesia, the Bahamas, St. Martin Island in the Caribbean, or others. Standard sailing time is one week and may be extended upon customer request.

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Plans for the Bahamas Financial Services Board (BFSB)-sponsored International Business & Finance Summit (IBFS) are well underway.

The event, scheduled for February 6-8 at the Grand Lucayan on Grand Bahama, brings together the top tier executives and management of the Bahamian financial and business community, as well as senior government and regulatory representatives and officials.

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Minister of State for Investments Khaalis Rolle says that The Bahamas is set to reap the benefits of large development projects taking place on New Providence and Abaco. Watch an interview with Rolle here.
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Prime Minster Perry Christie became the chair of CARICOM, the Caribbean Community, January 1.

The first official duty as the chair of CARICOM is to represent the region at the China/CELAC (Community of Latin American and Caribbean countries) meetings in Beijing China January 8-9.

The Prime Minister will deliver a statement on behalf of CARICOM and is scheduled to meet with the President and Premier of China for discussions on regional issues.

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Hope Strachan has been named as the Minister of Financial Services with effect January 12, 2015.

The Cabinet Office has announced that pursuant to Article 73 of the Constitution, Prime Minister Perry Christie has advised Her Excellency the Governor-General Dame Marguerite Pindling to make the following ministerial appointments:

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December 2014 (RTTNews) – Brookfield Residential Properties Inc. (BRP: Quote,BRP.TO: Quote) and Brookfield Asset Management Inc. (BAM: Quote, BAM_A.TO) announced that they reached a definitive arrangement agreement by which Brookfield Asset Management will acquire the approximately 30.6% of common shares of Brookfield Residential not already owned by Brookfield Asset Management and its affiliates (about 35.9 million shares) by way of a court-approved plan of arrangement under Ontario law.

[Note: Any reference to stocks, funds, investment and its underlying recommendation does not reflect the opinion of The Bahamas Investor or any of its contributors.]

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This is an excerpt from RTTNews as it appeared on January 5, 2015. For updates or to read the current version of this post in its entirety, please click here.

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Cuban ambassador to The Bahamas Ernesto Guzman says that the two countries should highlight their individual attributes to target different segments of the tourism market and combine their strengths.
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NEW YORK, NY (December 2014) – Elite Traveler Magazine has just reported the top 10 destinations to enjoy the benefits of private jet charter flights during last year’s peak winter season which resulted in revenues of $867 million from 12,566 flights.

Nassau in The Bahamas, St Maarten and Turks and Caicos lead the way accounting for half of those flights with 6,922 arrivals and spending of nearly $478 million, according to private jet charter operator PrivateFly’s analysis of flight activity to the Caribbean.

“Elite Traveler Magazine tracks the jet stream of the super rich and chronicles the vacations and purchasing habits of affluent travelers across the world,” notes Douglas D Gollan, group president and editor-in-chief.

“We continue to see the Caribbean as one of the preferred destinations for our readers, especially those traveling by private jets and mega-yachts.”

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