The Bahamas Investor

...Resilience. scotterill@dupuch.com Finance Ministers from the Commonwealth nations pose for a group photograph in Washington DC on September 21, 2011. State Minister for Finance Zhivargo Laing is pictured front row on the left.......

...At the official opening of the stores in January, Branville McCartney, MP, Minister of State in the Ministry of Tourism and Aviation, commented: “This is significant, not only due to the fact that this is the entry to the Islands of The Bahamas for millions of visitors to our country annually, but also because it broadens the Bahamian entrepreneurial base, while augmenting the variety and diversity of quality local products offered consumers passi......

...Savannah, Southern California, Toronto, Washington, D.C., and Washington (state). Go to www.alhi.com to identify the “ALHI Team” sales professionals in your state/area. The Sandals Luxury Meetings & Incentives Collection offers a range of first-class facilities and excellent venues for groups of all sizes located in the most stunning destinations across the Caribbean. Within the collection, eight Luxury Included® Sandals Resorts and one Beaches R......

...and diligence, get back to work.” Izmirlian acknowledged the work of China State Construction and nearly 400 local firms “who have put almost 2,000 Bahamians to work restoring the beach, building roads, and creating the new Jack Nicklaus Signature golf course.” Prime Minister Perry Christie also spoke at the event, remarking on the progress that Baha Mar development has made since the initial agreement was signed during his first term in office se......

...e Council of State of Cuba last month. After the ceremony and a formal meeting the Ambassador laid a wreath at the memorial of Jose Marti.......

...nologies (Grand Bahama) Ltd, has invested around $50 million in creating a state-of-the-art plant on the 62-acre site. It currently produces tenofovir disoproxil fumarate—the active ingredient in HIV/AIDS drugs Atripla®, Truvada® and Viread®. But it was a roundabout route of mergers and acquisitions that brought Stefanutti to these isles—and not once but twice. In the early 1990s, Stefanutti—an Italian entrepreneur with a corporate background with......

...e, Prime Minister of The Bahamas, at the conference. He was accompanied by Minister of State for Finance Michael Halkitis, Minister of State for Legal Affairs Damian Gomez and, Nicole Archer and Charmaine Williams, both foreign service workers from the Ministry of Foreign Affairs. High on the conference agenda were growth and development of the respective economies of CARICOM-member states, and the global economic implications for the community. T......

...ere Michelle Markoff, Senior Policy Advisor for Cyber Issues at the United States State Department; Alan Marcus, Senior Director of IT and Telecom Industries at the World Economic Forum USA;, and Patrick Jones, Senior Director of Security at the Internet Corporation for Assigned Names and Numbers (ICANN). The panel discussed issues such as the need to confirm the applicability of existing legal frameworks to “cyberspace”; to increase the exchange......

...lated guarantees have not been registered under the Securities Act, or any state securities laws, and unless so registered, may not be offered or sold except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. About Ultrapetrol Ultrapetrol is an industrial transportation company serving the marine transportation needs of its clients in the mark......

...St Kitts and Nevis are scheduled for October. The consultations in Member States will include stakeholder groups including Heads of Government, Leaders of the Opposition, Members of Parliament, representatives of Business, Labor, Youth and other civil society groups, CARICOM Institutions and other regional organizations with headquarters in the Member State. These consultations are intended to address the Vision, Mission and Core Values of the Ca......

...ctor have been with the efforts made by The Group of Twenty (G-20) Finance Ministers and Central Bank Governors and OECD (Organisation for Economic Co-operation and Development) member countries pressing the standard toward tax information exchange agreements (TIEAs). This has meant a profound paradigm shift in the way that we conduct business here. Having decided to meet the standard, there are those who will have to look at the way they conduct......

...fortunes of these G20 countries and the regulatory landscape remains in a state of continuous flux.” The minister went on to say that he believed that the core principles of “constancy of value, delivering excellent service, adaption, vigilance and responsiveness” continued to play a significant role in this “dynamic and challenging environment.” Key speakers at the conference included tax and trust lawyer Simon Beck of Baker & McKenzie, as well......

It is a complex overseas project for China State Construction Engineering Company Ltd and the Export-Import Bank of China, but all parties say they are committed to developing the $3.4-billion Baha Mar resort in The Bahamas on time and within budget. “We’ve spent a lot of time with both the bank and the construction company. They are very aware of what the project means to their reputation, The Bahamas’ reputation and to the project,”?says Baha M......

...nnects The Bahamas to its Atlanta hub with 21 weekly flights. From Delta’s state-of-the-art international terminal in Atlanta, travellers from Nassau have access to more than 1,000 daily flights to 208 destinations that Delta operates, including non-stop service to 65 international destinations. New York is another key destination that Delta connects to with a daily non-stop flight between Nassau and LaGuardia Airport. Customers can benefit from D......

...e last couple of years,” says Turnquest. “When you are competing against a state company things can become complex, particularly if that company is not driven by profit margins,” says Turnquest, who is also president of the Grand Bahamas Chamber of Commerce. “I cannot operate flights at the same cost as the state carrier; it would put me out of business. We don’t mind competing, as it makes us more sharp, but we can’t compete against an entity tha......