February 12, 2014 (Haute Living) — Owning a piece of The Bahamas most serene and undeveloped islands is about ready to be a lot easier. French Leave Harbour Village has just finished the first few true seafront cottages to be built in the area of Governor’s Harbour since the 1940s. Built by developers Lance Shaner and Eddie Lauth, the residential resort includes one and two bedroom cottages built to last. Hurricane glass, local stone, concrete and granite insure that the luxe cottages are worth every penny of the $675,000 – $1 million asking price.

Only 37 cottages will be built on the site that stretches over 270 prime acres and includes an untouched swath of pink sand beach all to itself. The “village” will include a fitness center, pool, bar and grill as well as a special events lawn where weddings will likely be staged. Neighbors include The Beach House and Tippys, two of the most happening restaurants on the island as well as Ocean View Farms, a beautiful new stable that offers horseback riding on deserted, pristine beaches.

Photos available at HauteLiving.com.

The first residences are to be delivered in March and the full resort is set for a quiet opening in November 2014. For more information please visit: www.frenchleaveeleuthera.com.

This is an excerpt from Haute Living as it appeared on February 14, 2014. For updates or to read the current version of this post in its entirety, please click here.

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Minister of Tourism Obie Wilchcombe says he is confident that The Bahamas can increase the number of visitors to its shores this year.
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KPMG recently partnered with the Bahamas Financial Services Board (BFSB) to produce a comprehensive overview of the captives industry in this jurisdiction, in the form of a handbook titled Captive Insurance in The Bahamas.

Tracy E Knowles, senior partner at KPMG, says: “With a wealth management pedigree unmatched in the region The Bahamas is strategically nurturing captive insurance as an important addition to its growing and impressive array of financial services.”

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Prime Minister and Minister of Finance Perry Christie delivered the Mid-Year Budget Communication yesterday in the House of Assembly. Read the Prime Minister’s presentation here:

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ATLANTA, GA. February 12, 2014–(Marketwired) – Today Vacation Express announces new service to Grand Bahama Island and Cancun from Memphis International Airport (MEM). Service to Cancun (CUN) starts on May 19, 2014 and runs through August; service to Grand Bahama Island (FPO) starts on August 11, 2014 and runs through October. The flight to Cancun will be operated by Aeromexico using a 737-700 that seats 124 passengers. The flight to Grand Bahama Island will be operated by Bahamasair using a 737-400 that seats 150 passengers.

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SCOTTSDALE, Ariz., Feb. 12, 2014 /PRNewswire/ — At Angel MedFlight Worldwide Air Ambulance, it’s all about transporting patients safely and compassionately to the care they need, anywhere in the world. Angel MedFlight’s fleet of Learjets flew a staggering 870,000 statute miles in 2013; nearly double the amount of miles from the previous year. The medical flight crews transported seriously ill or injured patients in or out of all 50 states in the United States and 30 countries worldwide. The longest flight on record for the year was from Texas to Nigeria – a total of 8,294 statute miles.

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The recent Global Financial Summit held in Atlantis Paradise Island last week attracted international investors and financial experts.
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The Ministry of Finance announced today it has launched its Facebook page, taking its ongoing educational campaign to the social media network.

Launched February 6, the page had about 400 views in the first few hours and is being updated Monday-Friday, with new information added daily.

“We want Bahamians to have access to accurate information, whether they see it in print, hear it on radio, watch on TV or seek it out through any of the popular social media sites,” said financial secretary John Rolle.

“Stakeholders are asking for facts surrounding value added tax (VAT) and its implementation process, so this is another step taken as the government listens to consumer comments through various meetings and the recently launched VAT hotline.”

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NASSAU, The Bahamas (PRWEB) February 11, 2014 — Baha Mar Ltd., which is developing the $3.5 billion Baha Mar integrated gaming resort project in Nassau, The Bahamas, today announced the appointment of Daniel Garrow as Chief Information Officer (CIO) at the luxury resort.

Mr. Garrow has more than three decades of experience in the field of information technology (IT) and has held senior IT positions within the gaming and hospitality industry at resorts throughout the United Sates. During his tenure as Senior Vice President of Information Systems and Chief Information Officer at Mohegan Sun, he was named one of Computerworld’s Premier 100 IT Leaders.

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February 10 (Businessweek) — Cable & Wireless Communications Plc (CWC) Chief Financial Officer Tim Pennington is stepping down from the fixed and mobile broadband services provider.

The company said in an statement that it had started the search for a replacement to the 53-year-old executive. His departure was earlier reported by Bloomberg News. Cable & Wireless publishes its third-quarter results tomorrow [February 11].

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This is an excerpt from Businessweek as it appeared on February 11, 2014. For updates or to read the current version of this post in its entirety, please click here.

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