The Bahamas Investor

...ism professionals together in Grand Bahama to help ensure the long-term sustainability of the sector. “We are all in this together,” he says. “We can all benefit from what we collectively do. We can be successful, but we have to come together as a cohesive, united front and speak with one voice. We must be aligned in how we go after business in Grand Bahama and create a sense of ownership and accountability for all tourism stakeholders.” cmorris@d......

...amber of the House of Assembly shortly before 10am, when the parliamentary commissioner approached the Bar of the House and presented House Clerk Maurice Tynes with the writs and returns of the general elections, in addition to a certified list of the Members Elect. Following a roll call, Tynes invited the members to elect a Speaker. It had previously been announced that the post would be filled by Kendal Major. As speaker, Major promised to prote......

...se growth drivers and channel clientele to your shores in terms of tourism and financial services.” cmorris@dupuch.com......

...arn about access to finance as well as purchasing US goods. Pre-registered companies will also receive one-on-one counseling. MITA Group president James Hunt will be the keynote speaker at the event, which moves to Freeport, Grand Bahama, on May 24. US Embassy Charge d’Affaires John Dinkelman will also address seminar attendees in both Nassau and Freeport. The BCCEC hopes the events will encourage Bahamian entrepreneurs to build their businesses b......

...RCA continues to shape its leadership and staffing resources based on the regulatory demands for specialised professional needs in economics, finance, communications, law and telecommunications engineering.” cmorris@dupuch.com......

...economic growth was a concern of all the panelists. With growth forecasts coming in at 1 to 3 per cent, there is concern that this will fall short of national needs. “I am worried about the ‘new normal’ and the much more competitive environment with attracting foreign investment funds,” said Michael Halkitis, a chartered financial analyst and member of the senate. “There will be big challenges going forward.” On the subject of national debt, the......

...hat it has the largest number of Bahamian investors of any publicly traded company in The Bahamas,” he says. In December, APD announced that 20 per cent of the company’s shares, around $8 million in equity, would be made available to local investors, with the government and Arawak Cay Port Development Holdings each retaining 40 per cent ownership. APD was formed in 2009 to facilitate the relocation of the Nassau Port to a new 56-acre site at Arawa......

...to be able to expand our tourism product and therefore maintain our global competitive position as the world’s leading warm weather destination,” says Josef Forstmayr, president of the Caribbean Hotel & Tourism Association (CHTA). “This year’s investment conference programme will be geared to jump start the investment opportunities in the tourism industry and will feature a varied programme geared towards developing the necessary partnerships to a......

...nd certification under US and Bahamian aviation regulations to ensure full compliance with all safety and operational requirements prior to initiating scheduled passenger service. Each Saab 340Bplus features comfortable seating for 34 passengers, large, easy-to-access overhead bins, personalized flight attendant service, an active noise reduction system and on-board lavatories. The new aircraft will be used to upgrade service on existing routes, i......

...nd authentic Bahamian food and crafts–all 100 per cent Bahamian owned. The company also added two Bahamians to the executive management team—Vernice Walkine, VP of Marketing and Commercial Development and Kevin McDonald, VP of Maintenance & Engineering. “It’s been five busy years for our team,” says Stewart Steeves, NAD’s president and CEO. “Much of what we have achieved is visible in the upgraded facilities. It’s the intangible things that I am m......

...ahamas Astrid Wynter told the business community recently. Wynter made her comments as she helped launch Compete Caribbean’s Enterprise Innovation Challenge fund in conjunction with the Bahamas Chamber of Commerce and Employers Confederation (BCCEC). The fund was set up to finance innovative business proposals and will give businesses access to up to $500,000 in grants as well as technical support. Wynter called on small and medium-sized enterpris......

...are the most sacred aspects of democracy and it is in that endeavour we invited, for the first time ever, international observers from the Organization of American States, Caricom and the United States of America to come to The Bahamas and see a truly historical event,” says Ingraham. tblair@dupuch.com......

...ay. BTC’s Vice President of Brand & Communications Marlon Johnson said the company has completed 35 of 41 cell sites in Abaco and expects the island to be fully connected by the end of April. “When the work is done customers will enjoy greatly improved service, fewer dropped calls and much faster speeds as Abaco goes from a 2G platform to the blazing speed of 4G,” he said. “Abaco was a large territory to cover because of all the small cays and the......

The tourism sector in Grand Bahama is expected to get a welcome boost this month with the arrival of the century-old tall ship, the Alexander Von Humboldt. The ship, which is nicknamed “the green lady” thanks to its distinctive emerald sails, arrived in Freeport mid-March after a two month journey from her home port of Bremerhaven in Germany. The 106 year old ship was used as a training vessel in Germany and will now be operated and owned by Gran......

...tive Entertainment Management (CEM) based in Los Angeles, California. “I am confident that this will help thrust IWFS to where it needs to be–competing with larger shows,” says Moss. tblair@dupuch.com......