The Bahamas Investor

...rriott Marquis in Miami, under the theme “Advancing a Shared Agenda – Connecting Our Economies.” The conference focused on the small economies of the Caribbean Basin. The event attracts more than 300 senior delegates including heads of state from the Americas and the Caribbean, and is a valuable vehicle for businesses aiming to expand access to the region.......

Nassau Airport Development Co (NAD), the management company responsible for Lynden Pindling International Airport (LPIA ), today reported the busiest summer in the nation’s history for the Bahamas’ leading airport. According to NAD chief executive officer Vernice Walkine, a combination of factors contributed to the strong performance. Among them, powerful marketing campaigns, deepening partnerships with airlines and a nearly 30 per cent increase......

...umer staples 17% for $48.46 million, health care 16% for $45.61 million, industrials 12% for $34.21 million, energy 10% for $28.51 million, consumer discretionary 8% for $22.81 million, materials 8% for $22.81 million, finance 6% for $17.11 million and utilities & telecommunications 1% for $2.85 million. Important Position Changes Top 10 Q2 2015 New Positions: Facebook Inc (FB), Spdr Series Trust (XHB), Ishares (RXI), Ishares (EXI) and Arotech Cor......

...aha Mar. In the South West of the island, Albany is the most recent luxury community, complete with golf course designed and endorsed by Tiger Woods and Ernie Els, a marina outfitted to host 300-foot yachts, stellar dining and a chic atmosphere that attracts an upscale crowd. With direct flights from major cities in Canada, US, South America and United Kingdom among others, Nassau has become one of the most easily accessible vacation/second home d......

...ddress to the Rotary Club March 14. The Minister said that information and communications technology (ICT) has become the driving force behind productivity and economic growth for countries, with the Organisation for Economic Co-operation and Development (OECD) reporting that ICT investments accounted for economic growth between 0.5 per cent and 1.3 per cent in GDP in a number of economies 1995-2000. “ICT, through the advent of the Internet, has p......

Washington, Dec. 2013 (ANI): With the travel industry expected to be 300 billion dollars worth in the US alone and the Internet being the most handy tool while searching for the destinations, one of the places that people desire to visit the most is none other than Hawaii. Search data from Bing has revealed a list of top ten destinations that people in the US look up for on the web. Bing places the tourist-friendly Hawaii on the top of the list,......

...in the next decade, says Ingraham, they will be shaped by those who can best identify the island’s needs and that is the local community. cmorris@dupuch.com......

...year was hosted by Abu Dhabi Airports Co, is the largest gathering of the commercial air transport community and the only global event focused on route development meetings. With the 10th Routes Asia in Chengdu, China, the 5th Routes Americas in Nassau, The Bahamas, the 7th Routes Europe in Tallinn, Estonia, the 7th Routes Africa in Victoria, The Seychelles, and the second Routes CIS in Ekaterinburg, Russia, five successful Routes Regional events......

...and private parties. It does not have to be tied to one specific use.” Torres says he is excited about the amount of interest the new hotel is already generating, due in large part to a social media campaign and strategically placed 30-second commercials, also produced by one of his companies, SDT Productions. “You have to care about what you’re doing and have a passion for it, 100 per cent,” he says. “When it’s your own hard earned money, you ha......

...dent under the Exchange Control Regulations Act pay an annual fee of $300. Companies licensed under the Banks and Trust Companies Regulation Act, 2000 (which imposes separate fees), do not pay for a business licence. Gas stations pay a fixed fee of 1?5 of 1% of turnover (a business with a turnover of $250,000 per year or more). The Act’s definition of business includes all types of manufacturing and commercial undertakings and covers professions s......

...relevant parties (sponsors, lawyers, administrators) and due diligence is complete Securities Commission of The Bahamas: Within 72 hours of a complete application and letter from the Bahamas administrator or legal counsel indicating the Investment Fund is in compliance with Bahamian Law Eligible investors A bank or trust company licensed in The Bahamas or licensed pursuant to the laws or another jurisdiction A securities firm registered in The Ba......

...able is set to feature large, round booths and banquette seating able to accommodate 300 guests within the family-oriented restaurant. The new dining space will retain the Marketplace buffet format with its made-to-order stations. Another component of Atlantis’s transformation was a $3 million spend to create a high limits private gaming casino, Salon Privé. An intimate setting tucked away on the main casino floor, the resort’s blog describes it a......

...n-site examinations, closer monitoring of statutory reporting and stricter compliance obligations for companies. With the local insurance market being fairly saturated with insurers and intermediaries, it is unlikely that there will be any significant increase in the number of players in the market. This highly competitive environment will likely continue to push insurance rates down on the property and casualty (P&C) side forcing companies to loo......

...by sport fishermen who target bonefish on the flats and in the creeks and commercial fishermen who harvest bottom feeding fish such as grouper, snappers and grunts. Lobster and stone crabs are caught on the reef, and on the banks commercial harvesters pursue sponge and conch. With such marine abundance, recreational fishing is a popular outdoor activity among visitors to The Bahamas, according to a 2010 study conducted by researcher Dr Tony Fedle......

...estment potential in The Bahamas, with the remaining available units now becoming an exclusive commodity.” In Lyford Cay, Nassau’s premier exclusive community in western New Providence, there is little on the market at the moment, says Christie, which, he adds, bodes well for sellers. “People are definitely achieving their price goals and properties that have been on the market for a number of years have now sold. Ocean Club Estates on Paradise Is......