Melbourne, Australia, October 30, 2013 –(PR.com)– Australian consulting company Parcus Group announced that it has a contract with Bahamas Telecommunications Company (BTC) to deliver service creation, product development and product management training and consulting.

“Winning this contract proves the benefits and credibility of our commercially developed and proven service creation model for our service provider customers, which delivers rapid solution development and higher product quality at a price that yields exceptional value,” said Igor Glavanic, Director of Consulting Services at Parcus Group. “We are pleased to extend our services geographical reach into the Caribbean and hope to successfully support additional customers in the region. This engagement will further strengthen our leading presence in the telecom service creation and product development training and consulting market.”

…continue >

…continue >

Nassau, Bahamas, October 30, 2013: The Government of The Bahamas has selected Data Torque and C2D Services, a partnership between two firms out of New Zealand and Canada to supply the Integrated Tax Administration Information System solution for the Central Revenue Agency (CRA).

The IT solution to be provided by Data Torque and C2D will allow for administration of the Value Added Tax (VAT) and other taxes that will fall under the CRA.

The selection process for the IT solutions provider was guided by a very detailed requirements document which emphasized the use of modern tools to ensure best practices for monitoring taxpayer accounts, evaluating taxpayer risks and identifying cases that should be audited based on risk profiles. The requirements also sought to ensure that taxpayers will not have to visit the CRA’s premises to inquire on the status of their accounts, make requests for services, register, or to pay their obligations. These services will all be provided online.

…continue >

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

NASSAU, The Bahamas, Oct. 30, 2013 (GLOBE NEWSWIRE) — Steiner Leisure Limited (Nasdaq:STNR) today announced financial results for the third quarter and nine months ended September 30, 2013. Included in the results of operations below for the three and nine months ended September 30, 2013 is an $0.8 million impairment charge related to leasehold improvements of a land-based spa where we elected to not exercise our renewal option because the spa was not performing at an acceptable level.

Steiner Leisure’s revenues for the third quarter ended September 30, 2013 increased 5.1% to $214.8 million from $204.4 million during the comparable quarter in 2012. Net income for the third quarter of 2013 was $11.5 million compared with $12.6 million for the same quarter in 2012.

…continue >

Even the wealthy snowbirds with mansions on so-called Millionaire’s Row love to do their “beach slumming” in the colorful eating and drinking shanties, where the only thing that’s luxurious is the plushness of the sand.

…continue with our excerpt >

This is an excerpt from USA Today as it appeared on October 31, 2013. For updates or to read the current version of this post in its entirety, please click here.

Go to the source of this post >

“You can please some of the people some of the time, but never all of the people all of the time”, a famous person once said. The Albany Resort begs to differ.

Situated on New Providence Island in The Bahamas, just a few miles from the country’s main international airport in Nassau, Albany prides itself as a destination that satisfies every conceivable want and need.

World class sport and fitness? Tick. Beautiful private residences? Tick. State-of-the-art superyacht marina? Tick. Fine dining? Tick. And the list goes on.

…continue >

WASHINGTON, D.C., October 29, 2013—A new World Bank Group report finds that in the Caribbean region* three economies—The Bahamas, Jamaica, and Trinidad and Tobago—took steps to improve their business regulatory environment over the past year.

The report, Doing Business 2014: Understanding Regulations for Small and Medium-Size Enterprises, finds that Jamaica led the way in the Caribbean by adopting new legislation for private credit bureaus, reducing the corporate income tax rate, and streamlining procedures for starting a new business.

The Bahamas reduced the cost of transferring property and improved its insolvency process.

…continue >

Latin American Private Clients and their advisers are looking for a global suite of products and services to provide an offshore solutions for wealth protection, wealth planning and wealth growth.

Latin Markets hosted family office delegates from Latin America and the Caribbean alongside the world’s largest wealth managers and wealth advisers and money managers from around the world. Some 500 delegates – in total from over 30 countries – registered for the 2-day Private Wealth Latin America and The Caribbean Forum, to discuss high networth investment management and wealth protection strategies.

The Bahamas Financial Services Board, as a Forum Cosponsor, hosted a Bahamas Roundtable on the opening day.

…continue >

Following are remarks by Perry Christie, Prime Minister of The Bahamas, at the Heads of Agreement with Club Mediterranee (Bahamas) Ltd and Sand and Ocean Investments Ltd for resort expansion on San Salvador:

…continue >

The Ministry of Tourism arranged a trip for Canadian journalists to visit the islands of Exuma in an effort to get increased coverage for the southern island chain. Watch a Tourism Today video segment here.
…continue >