The $3.5-billion Baha Mar mega resort has bidded out more than $400-million worth of work to Bahamian contractors, according to Robert Sands, Baha Mar’s senior vice president of administration and external relations

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Minister of Foreign Affairs and Immigration Fred Mitchell and representatives for the nation’s major private sector organizations met recently to agree to establish an ongoing public-private sector effort to undertake positive and constructive activities to address both the government’s and the private sector’s needs related to work permits.

Pictured: (left to right) Aliya Allen, chief executive officer of the Bahamas Financial Services Board; Robert Sands, Bahamas Hotel Employers Association; Frank Comito, Bahamas Hotel and Tourism Association; Minister of Financial Services Ryan Pinder; Minister of Foreign Affairs and Immigration Fred Mitchell; Minister of State for Investments Khaalis Rolle; immigration director William Pratt; Chester Cooper, president of the Bahamas Chamber of Commerce and Employers Confederation; Stuart Bowe, Bahamas Hotel and Tourism Association; and Edison Sumner, Bahamas Chamber of Commerce and Employers Confederation.

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Prime Minister Perry Christie leaves for New York City today where, along with the Premier of Bermuda, he will speak at the christening of Norwegian Cruise Lines new cruise ship Breakaway.

The ceremony will take place tomorrow.

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FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–Silver Airways, Florida’s hometown airline and the largest U.S. carrier to The Bahamas, announced today that it has completed its comprehensive fleet upgrade covering the neighboring markets. As of May 2013, the Fort Lauderdale-based carrier will deploy state-or-the-art, 34-seat Saab 340Bplus aircraft exclusively on all 14 routes within the State of Florida, as well as its nine routes between Florida and The Bahamas. The new Saabs replace smaller 19-seat Beechcraft 1900D aircraft, offering greater comfort, added cargo capacity and class-leading fuel economy.
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Norwegian Cruise Line Holdings reported a rise in revenue in the first quarter, but expenses related to its initial public offering put the cruise operator at a loss for quarterly profits.

The Miami-based cruise line reported a loss of $96.4 million in the first quarter, down from net income of $3.3 million in the same period last year. The company reported revenue of $527.6 million, up from last year’s $515.4 million.

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This is an excerpt from South Florida Business Journal as it appeared on May 7, 2013. For updates or to read the current version of this post in its entirety, please click here.

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Here follows remarks by Prime Minister Perry Christie May 6 in the House of Assembly:

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The new Permanent Representative of The Bahamas to the Organization of American States (OAS), Elliston Rahming, May 6 presented his credentials to the Secretary General of the institution, José Miguel Insulza.

During the ceremony, held in the Hall of Heroes at the OAS headquarters in Washington, DC, Ambassador Rahming said that, although he is just beginning as his country’s representative to the organization, he is already aware of the benefits brought by the institution.

“Last year, in my former position as Superintendent of Her Majesty’s prison, I had the opportunity to participate in the Third Meeting of Authorities Responsible for Penitentiary and Prison policies of the Americas, which gave me first hand knowledge of the work of this organisation and the many hemispheric issues that it addresses,” he said.

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A Bahamas team comprising representatives from the Bahamas Financial Services Board (BFSB) and the Insurance Commission of The Bahamas (ICB) were in Los Angeles, California, last month to participate in the four-day Risk and Insurance Management Society Inc (RIMS) conference.

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Prime Minister Perry Christie has said that the government is focused on improving the quality of aviation regulation and aviation security activities, including the development of a risk management regime and the improvement of service delivery, by improving efficiency and effectiveness in the aviation sector.

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Prime Minister Perry Christie told Progressive Liberal Party delegates and supporters that despite many challenges his administration faced since coming to office a little under a year ago, considerable headway has been made in several areas.
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