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NASSAU, The Bahamas, July 30, 2014 (GLOBE NEWSWIRE) — Steiner Leisure Limited (Nasdaq:STNR) today announced financial results for the second quarter ended June 30, 2014.

Steiner Leisure’s revenues for the second quarter ended June 30, 2014 increased 1.0% to $209.3 million from $207.7 million during the comparable quarter in 2013. Net income for the second quarter was $8.3 million compared with $12.3 million for the same quarter in 2013.

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31 July, 2014 (ExpatBriefing.com) – The Bahamas has placed top in a new ranking of the most attractive low-tax locations for expats. Meanwhile, Bulgaria was identified as offering the best tax regime for expatriate individuals in the European Union.

The ranking was compiled by Bradley Hackford, a company that specializes in relocation for individuals seeking a low-tax environment. The firm assessed various locations against a number of criteria: the tax burden on individual residents; quality of life; legal and physical security; the quality of economic investment programs for new residents; and access to recreational opportunities.

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This is an excerpt from ExpatBriefing.com as it appeared on July 31, 2014. For updates or to read the current version of this post in its entirety, please click here.

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Tourism Minister Obie Wilchcombe has won the APEX Award for distinguished service and making an outstanding contribution to the tourism and travel sector.
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NEW YORK, July 28, 2014 /PRNewswire/ — In December 2014, Rosewood Hotels & Resorts is opening its next resort, Rosewood at Baha Mar, set on the white sands of Nassau’s Cable Beach. In preparation for the opening, Rosewood has once again teamed up with international luxury travel network, Virtuoso®, to ensure the resort opens with luxury travelers eager to stay. Baha Mar marks the third Rosewood property to be accepted into Virtuoso’s coveted Preview collection, a program designed for new hotels that benefit from building relationships with the network’s elite travel advisors and generating interest and excitement with their high-end clientele. Virtuoso travelers will be wowed by the resort’s opulent British Colonial architecture and interior styling, 200 guestrooms and suites with five luxurious beachfront villas, signature dining venues, private pool and beach access, as well as Sense® spa.

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BISX is pleased to announce its BISX All-Share Index and trading statistics for the six month period ending June 30, 2014 with comparison to the same period of 2013.

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Grand Bahama has continued in its quest to become a leading maritime hub for the region with the addition of a state-of-the-art Svitzer training centre.
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BTC is set to invest millions in telecommunications on the Family Islands, according to Leon Williams, chief executive officer of BTC.
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The country’s maritime industry got a boost July 25 with the decision by sea safety and support company Svitzer to open its Regional Training Centre in Freeport, Grand Bahama.

With a reported 4,000 plus employees, a fleet of more than 400 vessels and operating all over the world, Svitzer is said to be a global market leader in towage and emergency response.

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Tax reform efforts by the government are gathering speed, as Minister of State for Finance Michael Halkitis looks to introduce a 7.5 per cent value added tax later in the year.
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