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News & Press - Oct 2/24

 

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Harbour Island’s Romora Bay Club & Resort has opened its new harbourfront fitness centre and is offering special hotel and marina rates between January 23 and February 6. The fitness centre is the first phase of renovations underway. 

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TheBahamasInvestor.com
Tuesday, January 28, 2014
Tuesday, January 28, 2014

Romora Bay Club & Resort

Pictured: Aerial photo of Romora Bay Club & Resort, Harbour Island, The Bahamas. Click the photo to see full size. (Photo via Romora Bay Club & Resort)

Romora Bay Club & Resort is celebrating the completion of a fitness centre, the first part of a multi-level renovation and upgrade to the property that includes two restaurants, marina, infinity pool and 14 rooms.

The offer includes free gym time, special daily rates for hotel and marina guests and reduced marina rates.

The special rates will be in effect until February 6.

Romora Bay features free wireless throughout the property, a business centre, technology support, casual waterfront dining on the harbor and an upscale Italian restaurant, La Cantina.

Prime Minister Perry Christie was among 10 persons whose footprints were added to the International Civil Rights Walk of Fame last weekend. 

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TheBahamasInvestor.com
Monday, January 27, 2014
Monday, January 27, 2014

PM inducted into Civil Rights Walk of Fame

Prime Minister Perry Christie joins other honorees adding their footprints to the International Civil Rights Walk of Fame, January 24, at the Martin Luther King Jr National Historic Site, National Park Service, in Atlanta, Georgia. Click the photo to see full size. (BIS Photo/Derek Smith)

ATLANTA, Georgia–Prime Minister Perry Christie was among 10 persons whose footprints were added to the International Civil Rights Walk of Fame last weekend.

The event was held on January 24 at the at the Martin Luther King Jr National Historic Site, National Park Service, in Atlanta, Georgia.

The other honorees included: Roy Barnes; Bishop John Hurst Adams; Dr Tommie Smith; Dr Norman C Frances, Rev. Jasper W. Williams Jr; Dr John Carlos Sr; Representative Calvin Smyre; Thomas N Todd; and Harry E Johnson.

Prior to the induction, a programme was held at the Ebenezer Baptist Church and was hosted by Frank Ski with WHUR FM (96.3) Radio in Washington, DC.

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Sports Minister crowns LPGA winner – photos

Minister of Youth Sports and Culture Daniel Johnson presented the 2014 Pure Silk-Bahamas LPGA Classic winner, Jessica Korda, with the winner's cheque, trophy and an official Bahamas Olympic jacket. Pictured: Minister of Youth, Sports and Culture Daniel Johnson (right) presents Pure Silk-Bahamas LPGA Classic winner Jessica Korda with a cheque for $195,000 following her win January 26, 2014, at the Ocean Club Golf course on Paradise Island. Pictured left is Tom Murray of Pure Silk. (BIS Photo/Patrick Hanna)

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TheBahamasInvestor.com
Monday, January 27, 2014
Monday, January 27, 2014

Minister of Youth Sports and Culture Daniel Johnson presented the 2014 Pure Silk-Bahamas LPGA Classic winner Jessica Korda with the winner’s cheque, trophy and an official Bahamas Olympic jacket.

Korda birdied the last two holes on Sunday to overtake Stacey Lewis and earned a one-stroke victory. She putted from behind the green to within 6ft and made the birdie putt on the final hole to finish with a 7-under-par 66 and a 19-under-par 273 total.

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Jessica Korda wins Bahamas LPGA Classic

Twenty-year-old Jessica Korda won the season-opening Bahamas LPGA Classic on Sunday for her second tour title, holing a 6-foot birdie putt on the final hole to beat Stacy Lewis by a stroke. Watch an LPGA video interview after the jump.

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NewsOn6.com & LPGAvideo
Monday, January 27, 2014
Monday, January 27, 2014

PARADISE ISLAND, Bahamas (AP) – Jessica Korda laughed about her winning up-and-down and being sprayed with shaving cream.

The 20-year-old Korda won the season-opening Bahamas LPGA Classic on Sunday for her second tour title, holing a 6-foot birdie putt on the final hole to beat Stacy Lewis by a stroke.

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This is an excerpt from NewsOn6.com & LPGAvideo as it appeared on January 27, 2014. For updates or to read the current version of this post in its entirety, please click here.

Go to the source of this post >

Susan DeRose and Richard Lewis, co-owners of the Atlanta steakhouse, are looking to open a restaurant called Deuce in the new $3.5-billion Baha Mar development on Cable Beach in The Bahamas. 

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Atlanta Business News
Monday, January 27, 2014
Monday, January 27, 2014

Bones Atlanta logoJan 22/14 (Bizjournals.com) — The owners of Bone’s Restaurant are looking to open a new concept in The Bahamas.

Susan DeRose and Richard Lewis, co-owners of the Buckhead steakhouse, could open a steakhouse called Deuce in a new $3.5 billion development called Baha Mar.

Billed as the “Bahamian Riviera,” Baha Mar includes a 100,000-square-foot casino, four hotels and a Jack Nicklaus golf course. It’s slated to open in December.

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New, stylish developments in The Bahamas with sleek modern designs by renowned architects are looking to attract wealthy US urbanites. Read a New York Times article about the trend here. 

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The New York Times
Friday, January 24, 2014
Friday, January 24, 2014

Albany in the pressJAN. 23, 2014 (New York Times) — For several years, wealthy New Yorkers, even those relatively unscathed by the financial crisis, seemed to put their second-home dreams on hold. But as the real estate market in the city has strengthened, many of these high-end buyers have started shopping for beachfront retreats again.

The Albany, a luxury resort in The Bahamas with boldface names like Tiger Woods and Ernie Els for investors, hopes to capitalize on this latest trend. And for a direct link between New York and this development, Howard M. Lorber, the chairman of Douglas Elliman and the chief executive of the investment firm New Valley, is developing a midrise condominium there. This is the first time that Mr. Lorber, who is based in New York, is developing in The Bahamas and also the first time Douglas Elliman is marketing there.

“This is New York in The Bahamas,” said Horacio LeDon, a Douglas Elliman broker who is heading up the marketing effort for Honeycomb, the condo being developed by Mr. Lorber and the Tavistock Group, Albany’s developer.

This is an excerpt from The New York Times as it appeared on January 24, 2014. For updates or to read the current version of this post in its entirety, please click here.

Go to the source of this post >

In its push to make The Bahamas a leading arbitration hub, the Ministry of Financial Services is taking a strategic approach by developing a strong domestic framework and playing to its strengths in niche industries. 

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TheBahamasInvestor.com
Friday, January 24, 2014
Friday, January 24, 2014

Ryan Pinder

Pictured: The Honorable Ryan Pinder, Minister of Financial Services, The Bahamas, speaks at the 2nd Annual Arbitration and Investment Forum held at UBS headquarters on E Bay St Nassau Bahamas. (Photo©Dupuch/Harry Cutting)

In its push to make The Bahamas a leading arbitration hub, the Ministry of Financial Services is taking a strategic approach by developing a strong domestic framework and playing to its strengths in niche industries.

Speaking at the second annual Arbitration and Investment Forum yesterday, Minister for Financial Services Ryan Pinder said The Bahamas could become a regional and international hub for arbitrators by “leveraging the talent of our people.”

“We are looking to create a centre based around expertise and industry,” he said “You have to focus on what you do well. We are the pre-eminent trust jurisdiction in the world and we have some of the best maritime lawyers in the world. We go after what we do best.”

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Deputy PM Davis opens IBFS

Deputy Prime Minister and Minister of National Security Philip Davis gave the keynote address at the opening of Bahamas Financial Services Board's three-day forum in Exuma yesterday. 

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TheBahamasInvestor.com
Friday, January 24, 2014
Friday, January 24, 2014

Smart domestic policies, particularly those addressing skills gaps, will ensure the growth of the financial services industry, Deputy Prime Minister and Minister of National Security Philip Davis told sector leaders yesterday.

Davis made the comments during his opening address at the start of the Bahamas Financial Services Board’s International Business and Finance Summit (IBFS) being held at Sandals Emerald Bay in Exuma this week.

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Bahamian golfer joins LPGA Classic

Bahamian golfer Georgette Rolle (pictured) is participating in the 2014 PureSilk-Bahamas LPGA Classic being held at the Ocean Club Golf Course on Paradise Island this week. 

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TheBahamasInvestor.com
Friday, January 24, 2014
Friday, January 24, 2014

Bahamian golfer Georgette Rolle, 28, is participating in the 2014 PureSilk-Bahamas LPGA Classic being held at the Ocean Club Golf Course on Paradise Island this week.

A few hours before teeing off in the competition, she said her aim was to stay focused and get in the game early.

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Gold testing resistance – chart

With gold currently trading 34 per cent below its September 6, 2011 peak, this chart provides some long-term perspective on this millennium's gold market. 

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Chart of the Day
Friday, January 24, 2014
Friday, January 24, 2014

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