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Turnquest: Bond issuance part of ‘pragmatic debt management strategy’

Friday, November 17th, 2017 | Filed Under: News & Press

...per—the banks and institutional investors (pension funds and the insurance companies) to increasing their holdings.” He said these factors, including foreign reserves considerations, not only influence the timing and size of potential issues, but also determine decisions on whether borrowings are undertaken in domestic or foreign currency. Such decisions involve serious and considered deliberations by the government in managing the country’s debt.......

 

RCI to focus on growth

Thursday, October 18th, 2018 | Filed Under: News & Press

...rary for the cruise giant, according to Purdy. It has also facilitated the company in growing and refining its fleet of world-class vessels. “We would not be able to build the ships we build without the support of The Bahamas,” he said. “The Bahamas has not only been a great partner for us in our day to day operations, but also for us to be able to build the ships we have. “Grand Bahama Shipyard is our preferred shipyard,” he added. “We have done......

 

Tourism is big business

Friday, January 4th, 2008 | Filed Under: Features

...rnational Airport. The Bahamian government and Canadian airport management company Vancouver Airport Services Ltd signed a 10-year, $220-million heads of agreement for that group to manage and oversee the renovation and rebuilding of the facility. In total, between $250 and $300 million will be spent on the upgrade, which has an anticipated completion date of 2012. Another priority is the revitalization of our capital’s downtown area. The historic......

 

Equity performance: size matters

Wednesday, December 8th, 2010 | Filed Under: Features

...securities also offer investors the chance to be a part of a small, rising company prior to the company experiencing substantial growth. Another advantage of the small cap market is that these securities are thinly traded. As these companies experience dynamic growth in market share and revenues, the demand for their stock increases, and this can result in potential rapid increases in the underlying stock prices for these companies, which translat......

 

Eleuthera poised for boom period

Wednesday, December 8th, 2010 | Filed Under: Features

...cre slice of land with approvals already granted for hotels and associated commercial operations. The island is on the market for $37.5 million and comes with a private marina and a dock. Some infrastructure, such as roads, is already in place. High Cay High Cay just off the coast of San Salvador is on the market for $3 million. The 31-acre island is easily accessible via San Salvador’s international airport and, as real estate agent John Christie......

 

World banking heads to Bahamas

Wednesday, December 8th, 2010 | Filed Under: Features

...iscussions on the first day will address trust and accountability, whereas competence and innovation will be the focus of the second day. There will be a welcome reception for delegates hosted by MOTA on Sunday, March 20, and Prime Minister Hubert Ingraham will declare the conference officially open on the Monday morning. A number of social events have also been planned for delegates and their guests, with a full day of fun activities organized on......

 

Sandals CEO extends luxury hospitality

Tuesday, June 22nd, 2010 | Filed Under: Features

...set about remodeling the property, creating a 183-room, all-butler luxury complex, complete with star-gazers Jacuzzi, Greg Norman-designed golf course, 150-slip marina, European wedding garden and 16,000 sq ft spa facility. The hotel, which Adam describes as a “big, little resort,” will be benefitting from a further $5 million over the next few months, with the installation of an additional half-acre, zero-entry infinity pool. “We try to listen t......

 

Top investors

Tuesday, June 22nd, 2010 | Filed Under: Features

...e sciences, sports teams and sporting events, and oil and gas sectors. The company is based in Florida. Investment projects in The Bahamas: The company has partnered with golf champions Tiger Woods and Ernie Els to develop a high-end golfing resort and residential community in Nassau called Albany. The 565-acre oceanfront development includes a luxury boutique hotel, a mega-yacht marina, restaurant, pool, water park, children’s clubhouse, full-ser......

 

Long Island marina details released – images

Thursday, April 18th, 2019 | Filed Under: News & Press

...40-berth facility will be the largest in The Bahamas and will be able to accommodate vessels up to 100 ft. The marina will offer services including customs, immigration, boat cleaning and repair facilities, fuel, supplies and chandlery, alongside a retail and entertainment centre with shops, restaurants and bars. There will also be a 50-room hotel, more than 300 residential units including luxury condominiums and family homes. (Studio Hillier Grap......

 

Baha Mar project will be on time, on budget say developers

Monday, March 7th, 2011 | Filed Under: News & Press

...omeone who believes in our concept of Baha Mar and having the brands work together, someone who can bring a lot of people to The Bahamas and who can complement our other brand partners,”?says Izmirlian. tblair@dupuch.com......

 

Atlantis to play host to nineteenth World Conference of Banking Institutes

Thursday, February 10th, 2011 | Filed Under: News & Press

...l events planner and MOTA, are facilitating all the plans to ensure that the forum is a first-class event.” Based on the theme “Creating a Progressive Financial Environment: Trust, Accountability, Competence and Innovation,” discussions on the Monday will address trust and accountability, whereas competence and innovation will be the focus of Tuesday’s sessions.......

 

Gaming–a winning industry

Tuesday, June 23rd, 2009 | Filed Under: Features

...call bet – any bet made verbally carpet joint – slang for a luxury casino comps – complimentary gifts offered by the casino to induce customers to gamble drop – the money lost to the casino edge – the casino’s anticipated statistical advantage over the player floorman – casino manager front money – deposit made with the casino to establish a line of credit for a player George – a big tipper juice (or vigorish) – the commission taken on a bet (usu......

 

Discover the undiscovered Bahamas

Tuesday, June 23rd, 2009 | Filed Under: Features

...ism is well catered to in The Bahamas. Wealthy adventurers can set sail in comfort and combine five-star luxury with unspoiled natural beauty. +++ Island ecotourism Some of the most beautiful islands in The Bahamas are in the Exuma Cays Land and Sea Park, which is administered by the Bahamas National Trust (BNT). The park was created in 1959 and covers a 176-mile stretch at the northern end of the Exuma chain. There are currently around ten privat......

 

Private jets: glamour and megabucks

Friday, January 4th, 2008 | Filed Under: Features

...xuma property. According to Bethel, though, the majority of their business comes from corporate America. “We see a lot of people with a Fortune 500 background coming in. American businesses are doing well and a lot of them are writing private travel into their financial forecasts,” he says. In early 2007, Philip Morris’ parent company, Altria Group, hosted an annual corporate conference in Exuma and over the course of a week, Earco Elite handled m......

 

Own your own Bahamian island

Wednesday, June 27th, 2007 | Filed Under: Features

...moment.” Three islands in the Bahamian archipelago made it onto the Forbes.com 2006 list of most expensive private islands on the market worldwide. Most of the islands listed for sale have been in private hands for years. The majority of the islands in the archipelago are Crown Land and government is not in a hurry to sell them off despite the heightened interest. Instead they will give consideration to leasing options that will have to involve Ba......

 
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