ENGLEWOOD CLIFFS, N.J., March 21, 2014 /PRNewswire/ — Kennedy Funding has completed a $5.17 million loan by Grand Pointe Lender Ltd. to borrower Grand Pointe Investments, Ltd. The four-year-interest only financing is secured by four oceanfront residential parcels with five residences and additional land, altogether totaling 15.5 acres, on Man O War Cay, Sea Glass Found, Abaco, Bahamas. Each of the five residential parcels consists of a main residence and a guest cottage.

“The property has a very interesting history,” said Kevin Wolfer, president and CEO of Kennedy Funding, the Englewood, NJ-based direct private lender. “It consists of the long-time former family compound and estate of the Parker Family of Parker Games fame–Monopoly and other well-known board games.”

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Minister of Youth, Sports and Culture Daniel Johnson says that 2014 will be a “stellar” year for sports tourism.
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March 21, 2014 (International Meetings Review) — In The Bahamas, Abaco Beach Resort and Boat Harbour Marina has appointed Brent Ingraham as the new director of sales and marketing. In his new role, he will be responsible for developing and implementing initiatives to increase overall sales and create strong marketing campaigns for the resort’s group, leisure and marina offerings.

In a statement, Manny Alexiou, owner of Abaco Beach Resort, said that as a former resident of The Bahamas, Ingraham understands not only the local market but also what makes the area a unique destination.

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This is an excerpt from International Meetings Review as it appeared on March 21, 2014. For updates or to read the current version of this post in its entirety, please click here.

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Orlando, FL. March 2014 (Newswire.net) — Global Vacation Network welcomes the new Hideaways resort in The Bahamas to their travel club because the resort offers Beach Front villas and cottages that are quaintly nestled around two freshwater pools, plus provides shoreline access to the Bahama island of Great Exuma. This new resort offers one-of-a-kind private units along with convenient access to all of their onsite resort amenities. The hotel-style premium services allow vacationers to relax and enjoy an indulgent vacation.

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Ethical Traveller has just released the list of top ten ethical destinations worldwide and it makes interesting reading for ethical tourists who want to try somewhere different yet not break the bank.

Ethical Traveller looked at tourist destinations worldwide to discover places that people would actually want to travel to – there’s no point promoting ethics for an unappealing destination. They then looked at three key aspects that guide the ethical nature of a destination and compiled the top ten based on them.

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This is an excerpt from Rhino Car Hire as it appeared on March 20, 2014. For updates or to read the current version of this post in its entirety, please click here.

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Most Offshore centres have seen their ratings improve since GFCI 14 but most have experienced a decline in their position relative to other financial centres; several losing more than ten places. Jersey retained its rating from GFCI 14 but was overtaken by 13 other centres and fell from 28th to 41st place. It nonetheless retained the top spot in the Offshore group because Guernsey also lost six places to 42nd while the Cayman Islands lost four places to 43rd.

The British Virgin Islands (BVI) entered the Top Five Offshore centres moving up four places. Mauritius saw a rise of 40 points in the ratings and five places to 63rd, and The Bahamas improved by 35 points and two places to 65th.

This is an excerpt from Z/Yen Group’s Global Financial Centres Index. To download or view the PDF in its entirety, please click here.

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Hobe Sound, Fla. March 2014 — My-Villages, a leading provider of marine mobile technology, is proud to announce that Bradford Marine, a premier name with shipyard and brokerage facilities in Fort Lauderdale and The Bahamas, is the first brokerage in the nation to arm customers with mobile technology designed to simplify boat ownership.

Bradford Marine will use The Boat Village, a mobile platform that simplifies communication and collaboration, to make it easier for owners to coordinate service and maintain their vessels.

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The World Travel & Tourism Council (WTTC) has released The Bahamas Economic Impact Report predicting that the sector in The Bahamas will grow 7.0 per cent during 2014.

The report highlights the economic and social relevance of the travel and tourism industry in The Bahamas, as well as its potential over the next decade.

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2014 marks a return to The Bahamas for STEP CC and this years conference will bring a new view and a whole new world of possibilities for the trust world, both regionally and globally.

As STEP continues to grow worldwide and trust practitioners move from strength to strength, so too does the STEP Caribbean Conference.

2014 promises to be a reflection of the new confidence and the new wave of opportunity between on-shore and the IFC’s.

Always a consistent truth, STEP CC 2014 will explore the possibilities that come with the notion that Caribbean IFC’s will continue to grow and leverage their respective strengths in a world where change is the norm.

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This is an excerpt from STEP Caribbean Conference as it appeared on March 19, 2014. For updates or to read the current version of this post in its entirety, please click here.

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Pictured: Carlos Eduardo Sette Camara Da Fonseca Costa, ambassador of the Federative Republic of Brazil (left) with Sir Arthur Foulkes, governor general. (BIS Photo/Patrick Hanna)

The Commonwealth of The Bahamas and the Federative Republic of Brazil are seeking to forge closer ties in the areas of trade and investments.

Sir Arthur Foulkes, governor general, made the statement on the occasion of the presentation of letters of credence by Carlos Eduardo Sette Camara Da Fonseca Costa, ambassador of the Federative Republic of Brazil to the Commonwealth of The Bahamas, during a ceremony at Government House March 13, 2014.

“The Bahamas reiterates its great satisfaction at having the Embassy of Brazil in our capital, as a symbol of our cordial and broad bilateral relations. We are also pleased with the leadership of Brazil in these challenging times, not only through the United Nations, but also through our growing community of Latin American and Caribbean states,” Sir Arthur said.

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