Travel specialist Anne Brobyn suggested during Caribbean Week in New York City recently that The Bahamas could do more to market regattas and bonefishing as tourist attractions.
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With one of the world’s largest independent commodity trading companies, Gunvor, operating an office in Nassau, The Bahamas is well positioned as a viable location for other trading companies seeking to diversify their operations, according to the head of Bahamas Financial Services Board (BFSB).

“We have all of the key ingredients in place that make The Bahamas an attractive jurisdiction for trading companies looking to relocate a trading facility or to establish a hub in a new or more favourable time zone,” says Aliya Allen, chief executive officer and executive director, BFSB.

“A modern, well-developed infrastructure, light touch regulation and a tax environment that is favourable to both companies and individuals are important considerations for trading companies. The Bahamas scores highly in all three areas and positions us to compete with other financial centres that are traditional locations for trading companies.”

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Nassau Airport Development Co (NAD) and Bahamas Public Service Union (BPSU) officials signed a five-year industrial agreement impacting nearly 200 employees at the airport management company.

Vernice Walkine, NAD president and chief executive officer, says that the new industrial agreement reached with BPSU allows NAD to continue to retain productive employees committed to making Lynden Pindling International Airport one of the best such facilities in the region.

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Pictured: Prime Minister Perry Christie welcomes former Prime Minister of Barbados Owen Arthur during a courtesy call at the Office of the Prime Minister June 14. (BIS Photo/Peter Ramsay)

Prime Minister Perry Christie welcomed former Prime Minister of Barbados Owen Arthur during a courtesy call at the Office of the Prime Minister June 14.

Arthur was in The Bahamas to speak at “The Bahamas at 40: Reflecting on the past, Envisioning the future” event.

MIAMI, June 17, 2013 /PRNewswire/ — Viva Wyndham Resorts® announced today that the Viva Wyndham Fortuna Beach on Grand Bahama Island, Bahamas and its two properties in Playa del Carmen, Mexico, including Viva Wyndham Azteca and Viva Wyndham Maya, have received awards of excellence from two of the world’s leading travel sites.

The Viva Wyndham Fortuna Beach received the Travelocity Excellence Award 2012. The annual award is given to one hotel per destination and recognizes overall performance and customer service. Only the best 500 hotels around the world offered on Travelocity are eligible to receive this recognition.

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LONDON (Reuters) – Britain clinched a deal with its major offshore tax havens on Saturday that will see 10 British overseas territories and crown dependencies sign up to international protocols on information sharing.

Those included in the agreement were Bermuda, British Virgin Islands, the Cayman Islands, Gibraltar, Anguilla, Montserrat, Turks and Caicos Islands, Jersey, Guernsey and the Isle of Man.

This is an excerpt from NBC/Reuters as it appeared on June 17, 2013. For updates or to read the current version of this post in its entirety, please click here.

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The Bahamas Mortgage Corp (BMC) was established by an act of Parliament in 1983, with the mandate to encourage homeownership and facilitate loan applications.

The corporation began operations October 10, 1983.

As BMC became established, the head offices in Nassau were expanded in 1988, and in 1984, an office in Freeport, Grand Bahama, was opened, followed in 2000 by another office in Abaco.

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The Ministry of Tourism used “star power” to draw attention to its destination wedding product during recent promotional efforts at the Caribbean Week showcase in New York. Watch a report on the event here.
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The Moore Bahamas Foundation, an affiliate of Louis Bacon’s Moore Charitable Foundation, earlier this month donated $50,000 to the Bahamas Reef Environment Educational Foundation (BREEF), allowing the non-profit organization to create a much-needed position of Research and Field Conservation Officer.

“This is a really important position that will enable us to reach thousands more students every year,” says Casuarina McKinney-Lambert, executive director of the education-oriented organization, which marks its 20th year this year.

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