Ministry of Tourism manager Anthony Stuart says the new direct ferry service from Miami to Bimini will take under two hours and bring in 300 passengers, five days a week to the Family Island.

The Ladies Professional Golf Association tournament to be held on Paradise Island in May will help boost the profile of the sport locally, according to government officials.
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Law firm Callenders & Co has named three new partners, bringing to eight the number of partners in its two New Providence offices and its Freeport location.

The three attorneys, all previous senior associates with the firm, are Llewellyn Boyer-Cartwright, Courtney Pearce and Simone Morgan-Gomez.

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BELIZE, Feb. 2013 — The Caribbean Regional Fisheries Mechanism (CRFM) has a new and improved Communication Strategy, incorporating international best practices, as well as a new eight-year Strategic Plan, both of which were finalized last week in St Vincent and the Grenadines, at meetings attended by key fisheries stakeholders.

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Prospective venture capitalists should bear in mind a variety of factors to safeguard their portfolio, experts said during the Global Financial Summit held in Nassau.

The three-day event heard from technology entrepreneur Jared Fuller (left), chief executive of JobHive Inc, who warned investors to thoroughly examine the management structure of a start-up company before buying in.

“What you look for in a good investment is that core team. You really have to be cognizant of that team—do they have the passion and drive and energy to see that product through? I scrutinize the people much more than the product,” he said.

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The Ladies Professional Golf Association tournament to be held on Paradise Island in May will put the country centre stage of the golfing world, according to the Ministry of Tourism.
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International initatives imposed on offshore tax centres place an “overbearing” burden on small jurisdictions such as The Bahamas, according to Minister of Financial Services Ryan Pinder, who says the country is a well-regulated, robust environment for investors.

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Minister for Transport and Aviation Glenys Hanna Martin on February 5 described the maritime sector as one filled with opportunities.

“It is a source of great excitement that this partially untapped area holds so much possibility for the individual and collective advancement, growth and success of the Bahamian people,” she said.

Hanna Martin was in Grand Bahama delivering the keynote address at the opening of the National Maritime Workshop, which runs February 5-8 at the Grand Lucayan Resort. The workshop’s theme is: Improving the Standards of Implementation and Enforcement of the International Maritime Organization’s Mandatory Instruments.

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CREII offers $1 billion of project financing for new renewable energy projects in the Caribbean.

Enzo Zoratto, President and COO of International Electric Power, LLC (IEP) presented company’s achievements and strategies of power plant development in the Caribbean territories at the 13th Annual Caribbean Energy conference, which gathered more than 240 energy industry professionals and was held in the Bahamas during January 24 and 25.

IEP is an Independent Power Producer (IPP) that builds, owns and operates a portfolio of alternative and renewable power generation assets globally with a focus on reducing the energy dependence of local economies on expensive imported fuel, and mitigating energy shortages to power economic growth. Founded in 2007, IEP has been developing projects in the Caribbean and understands the unique energy challenges faced countries in the region and has participated in transactions that have significant social and economic impact.

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