The Bahamas Investor

...st of the cruise drydock business in North America, has announced a number of investments and changes to its executive team. “We invested in our workshops by upgrading and purchasing machinery and tooling. Also expanded were our wet berth capabilities to relieve pressure off dry dock utilization and move vessels out of dry dock and into service faster,” said the yard in a statement. Both Carnival Corporation and Royal Caribbean Cruises are part of......

...ld with high marks for great Customer Service, Performance, Value, and use of Information Technology Named Domestic Carrier of the Year by the Airforwarders Association for the fifth consecutive year Named Domestic Airline of the Year by Express Delivery & Logistics Association for the 14th consecutive year Named to the BetterInvesting Top 200 companies Conference Call Southwest will discuss its first quarter 2014 results on a conference call at 1......

...Prime Minister Perry Christie has said that a number of investments are in the planning stage that will bring more jobs to the nation in construction and services. Watch a ZNS report here.......

...gh-net-worth individuals (HNWIs), which means clients who have a portfolio of investments higher than $1 million with the bank. Clients are looking for international investment expertise, state-of-the-art banking professionalism, diversification of jurisdiction and confidentiality. Under $1 million, we do not think it is economical for the client and for the bank to have an account overseas. Q: What advantages are there to establishing a subsidiar......

...MEXICO CITY – When Venezuela seized billions of dollars in assets from Exxon Mobil and other foreign companies, Chinese state banks and investors didn’t blink. Over the past five years they have loaned Venezuela more than $35 billion.......

...The first Bahamas Diplomatic Week culminated with a state reception at Government House October 25, hosted by governor general Dame Marguerite Pindling.......

...Pictured: Dame Marguerite arrives at the State Reception. (BIS Photo/Derek Smith) Pictured: Dame Marguerite greets Chinese Ambassador Huang Qinguo. (BIS Photo/Derek Smith) Pictured: Dame Marguerite greets US Charge d’Affaires Lisa Johnson. (BIS Photo/Derek Smith) Pictured: Prime Minister Perry Christie chats with Dame Marguerite. (BIS Photo/Derek Smith)......

...Limited (“CSCEC Ltd”), the parent of China Construction America, Inc.(“CCA”) which, in turn, is the parent of CCA (Bahamas) Ltd. (” CCA Bahamas”). The claim asserts that, among other things, the defendant is liable in respect guarantee and performance obligations related to the construction of the project, and that Baha Mar Ltd. is entitled to and claims against the defendant a variety of financial remedies. Baha Mar Ltd. is represented by a team......

Frederick Mitchell (left), MP Minister of Foreign Affairs and Immigration of The Bahamas, with Speaker of the House, Michael Madigan, April 16, 2013. (BIS Photo) Address by Frederick Mitchell, MP Minister of Foreign Affairs and Immigration of The Bahamas, to the Illinois House of Representatives April 16, 2013: Speaker of the House, Michael Madigan and your staff, Chair of the Illinois Legislative Black Caucus – Representative William Davis and o......

...012, at the House of Assembly February 25, 2013, the Prime Minister said: “For the sake of prudence, the plan will be monitored closely and, on the basis of evolving developments, will be adjusted as necessary as we move forward.” He said as the key components of the government’s medium-term fiscal plan, action will be pursued in respect of recurrent expenditure, recurrent revenue and capital expenditure in order to both eliminate the primary defi......

...eeks to restructure its debt portfolio. Moving the resolution was Minister of State for Finance Michael Halkitis (pictured), who pointed out that the government guaranteed $211 million of the debt on October 20, 2009, with an additional $35 million borrowed on the August 27, 2012. When rounded to $250 million, the net contingent liability of the government amounted to $39 million, according to Halkitis. “I rise to move a resolution, which when pas......

...Minister of Tourism Obie Wilchcombe has been in Canada recently to launch a new marketing campaign, which includes radio and television ads and billboards, as well as train and tram collateral.......

...Minister of the Environment Kenred Dorsett told reporters yesterday that the recent oil spill in the Grand Bahama area has been contained and the clean up is nearing completion.......

...ster a mutually beneficial relationship that will allow the equal exchange of information and that they can create valuable opportunities for trade expansion, transference of technical expertise and knowledge in tourism, maritime and industry, energy and financial services sector. Ambassador Bisogniero said he was pleased to be in Grand Bahama and that it was important that he visited the island to see first hand the investment opportunities that......

...Tourism Minister Obie Wilchcombe says that the new multi-million dollar resort and casino facility being built in Bimini will bring revenue and employment to the Family Island. Watch an interview with Wilchcombe here.......