…continue >

…continue >

The Prime Minister of The Bahamas spoke to attendees of the 50th Anniversary of the March on Washington in Washington DC August 28. Watch the address followed by a Junkanoo performance here.
…continue >

Nassau, Bahamas (PRWEB) August 28, 2013 — HG Christie (HGC) is honored to be the exclusive representative for a portion of New Providence Development Company’s (NPDCo) prime real estate holdings. The agreement between the two reputable Bahamian companies embodies well-positioned growth opportunities presently available in the real estate market on the island of New Providence.

Over 90 years ago, Sir Harold George Christie’s love of The Bahamas and his instincts for recognizing growth opportunities led him to a legendary real estate career. Today, ‘Peter’ and John Christie, President and Vice President of HG Christie Ltd, continue to employ time-tested skills and values, coupled with innovation, to identify real estate ripe with potential; Old Fort Bay Town Centre (OFBTC) is viewed as such an opportunity.

…continue >

Six weeks ago, fifteen college students began the Dream Team Summer Associate Internship programme at the Baha Mar resort development.

The internship emphasized personal branding, professional development, networking, collaborative skills and workplace productivity.

…continue >

Pictured: Mark Holowesko, investment advisor and businessman and owner of Mahogany House restaurant (left) shows Prime Minister Perry Christie the site for the Mahogany Hill boutique hotel currently under construction. (BIS Photo/Peter Ramsay)

Prime Minister Perry Christie attended the August 26 groundbreaking ceremony for Mahogany Hill, a $23 million boutique hotel to be built on New Providence.

The project is the brainchild of Mark Holowesko, investment advisor and businessman and owner of Mahogany House Restaurant, and his daughter Lauren.

During his remarks Prime Minister Christie praised Holowesko for being a Bahamian investing in the domestic hotel and tourism industry.

The Prime Minister said: “This fine hotel will not only add to our tourism product, it is strategically located in a prime residential and business area and in close proximity to the airport where it will serve residents and business and leisure travellers.”

…continue >

NEW YORK–(BUSINESS WIRE)–American International Group, Inc. (NYSE:AIG) today announced that it has agreed to the consensual termination of an interest rate swap agreement with Brookfield Asset Management, Inc., in exchange for the payment from Brookfield to AIG of $905 million.

This swap agreement was part of the remaining derivatives portfolio of AIG Financial Products (“AIGFP”) and carried on AIG’s June 30, 2013 balance sheet at $900 million, and the settlement is not expected to have an impact on AIG’s profit or loss. This swap agreement was subject to previously disclosed litigation which the parties have agreed to dismiss. Additional information regarding this litigation was contained in AIG’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2013. The proceeds of the settlement are expected to contribute towards the continued wind down of the remaining derivatives portfolio of AIGFP, which is a part of Global Capital Markets.

…continue >

Minister of Foreign Affairs and Immigration Fred Mitchell introduced newly appointed ambassador to the United States Eugene Newry to staff members of the Bahamas Embassy in Washington, DC, during a meeting held in the Embassy’s conference room August 26.

Newry previously served as the ambassador to Haiti from 2002-2007 under the first Perry Christie administration.

…continue >

Okyanos Heart Institute, whose mission is to bring a new standard of care and better quality of life to patients with coronary artery disease using cardiac stem cell therapy, announces that it has selected International Med-X and Philips Healthcare as its partner to establish the country’s first cath lab for stem cell therapy.

Philips is a global leader in cardiac imaging and has the largest share of the market of cardiac cath labs worldwide. International Med-X is the distributor for Philips Healthcare equipment in most of the English and Dutch-speaking Caribbean including The Bahamas offering sales and service for all Philips Healthcare products. Chief Medical Officer Howard T. Walpole, Jr., M.D., M.B.A., F.A.C.C., F.S.C.A.I. made the decision to go with Philips equipment specifically for the treatment of adult stem cell therapy.

…continue >

Award-winning travel writer Larry Olmsted is Travel Editor Cigar Aficionado, blogs on Travel Forbes.com, Food USAToday.com, Golf Travel LarryGolfsTheWorld.com. Follow him on Twitter.

From Forbes.com:

…This villa compound takes “all-inclusive” very, very seriously and with the exception of whatever you feel like tipping staff, it is practically impossible to dip into your pocket once you arrive (actually, from the moment you land at the airport on Eleuthera). Everything – and they mean everything – from free flowing Dom Perignon champagne to deep-sea fishing excursions and massages – all of unlimited – is included.

…continue with our excerpt >

This is an excerpt from Forbes as it appeared on August 26, 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 >