The Bahamas Investor

...and workers as the Stage One development was. “NAD’s board of directors is committed to ensuring that this state-of-the-art airport is developed with precision and care and in a manner that emphasizes sustainability and community benefits,” he said. The final stage will involve the design construction and opening of a new International and Domestic Departures/Domestic Arrivals Terminal at the location of the existing International Arrivals Hall. S......

...re in an environment where there are opportunities, but they are in buying companies that are able to grow their market share on a global basis.” “Look for multi-national companies selling into the developing world,” he continued. “The opportunities are still sitting there. This is a great time to reposition your portfolio to focus on growth and global opportunities.” Coons allayed fears of a recession in the US, saying that the situation is not a......

...ally during the 1950s and ’60s when internationally acclaimed racers would compete in races and events in the Bahamian capital. It is hoped that this year’s gala will help kick start the return of an annual Speed Week. In addition to special guest Sir Stirling, also in attendance were Governor General Sir Arthur Foulkes and his wife, Lady Joan Eleanor Foulkes. Officiating were Jimmy Lowe, president of Speed Week Revival and Minister of Tourism and......

...ies have quite a lot to do and it will take a lot of time.” Acket said the shifting economic landscape would be guided by those countries who respected the basic components of economic success, calling it “the race of the wise policy makers.” cboal@dupuch.com......

...of customers across all business lines:?retail, small business, corporate, commercial and wealth management. Most of the bank’s clients, however, are interested in learning how to enhance and “right size” their operations with a view to becoming more efficient and effective so that they are well positioned to participate in rapid growth once the global economy recovers. “Scotiabank is proud of the fact that very early on in the crisis we were very......

...nal units in the development, structuring and negotiation of corporate and commercial transactions throughout the Caribbean, Central America and Asia. In March 2005, Teslyk was appointed assistant general manager & head of Scotiabank’s Corporate, Commercial and Offshore Banking activities in Barbados. In March 2009, he was appointed managing director of Scotiabank’s Caribbean East sub-region where, in addition to country management responsibilitie......

...ctor is currently good, with a lot of interest from high-net-worth individuals who are looking to relocate to a more relaxed environment and willing to be flexible on cost. “There is a lot of interest in the market now because people are more negotiable on prices,” she explains. “People are coming for the lifestyle. They want to be relaxed, to see something beautiful every day and they do not want any stress.” “The Bahamas has a lifestyle unlike a......

...ves from the BFSB attended the Brazil Investment Summit held in Sao Paulo and in June Copa Airlines launched the first direct flight between Nassau and Panama. Arrivals from Latin America rose by 40 per cent between May and June of this year, when compared with the same period in the previous year, and seven per cent of these flyers were from Brazil. Ministry of Tourism and Aviation officials predict that in its first year the new Panama route wil......

...or negotiations as discussions advance. Speaking at the Bahamas Chamber of Commerce and Employers Confederation (BCCEC) ‘s National Conclave this week, Minister Strachan (pictured) said: “There is still much work to be done, but our recent completion of the Factual Summary is a leap forward in this process.” She also spoke of the government’s trade policy in general, highlighting the need to increase The Bahamas’ export capacity and create busines......