The Bahamas Investor

...present at the groundbreaking ceremony were Brent Symonette, Deputy Prime Minister of The Bahamas; Vincent Vanderpool-Wallace, Minister of Tourism and Aviation; Hu Dingxian, Ambassador of the People’s Republic of China to The Bahamas; and Liu Jinzhang, vice president of the China State Construction Company. According to Baha Mar officials, once completed, the project is expected to contribute $1 billion to the local economy in its first year, pro......

...his press release does not constitute an offer to sell or the solicitation of an offer to buy the Add-On Notes and the related guarantees, nor shall there be any sale of the Add-On Notes and the related guarantees in any jurisdiction in which such offer, solicitation or sale is unlawful. Any offer of the Add-On Notes and related guarantees will be made only by means of a private offering memorandum. The Add-On Notes and the related guarantees have......

...s around the world. Status A, which The Bahamas attained January 10, is proof of a country’s commitment to the principals enshrined therein. “The announcement will undoubtedly benefit the country’s financial services industry, sending another signal to the world of the strength and quality of The Bahamas’ financial services regime,” said Michael Halkitis, Minister of State for Finance, upon the announcement. All financial regulators in The Bahamas......

...in 2004 the Comprehensive Inter-American Cyber Security Strategy, “a model of forward thinking and unity” which designates three bodies to work on cyber issues: the Inter-American Committee against Terrorism (CICTE) of the OAS, the Inter-American Telecommunication Commission (CITEL) of the OAS, and the Meetings of Ministers of Justice or Other Ministers or Attorneys General of the Americas (REMJA), for which the OAS acts as technical secretariat.......

...er the groundbreaking ceremony February 21, 2011. Executive vice-president of one of the major investors in the project, the China State Construction and China Construction America (CCA) , Tiger Wu, addressed the event saying that it was an important point in the project’s development. He added that the Baha Mar project is a significant one for CCA “not only because of its size and scope, but also because of its beauty and global reach.” “There is......

...of the 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.......

...(APIs) and registered intermediates in the global fight against HIV/AIDS. State-of-the-art production plant Since buying the Freeport plant in 1996, Pietro Stefanutti, president and founder of current operator PharmaChem Technologies (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®, Truv......

...hat offered prospects for early resuscitation of economic growth. Minister of Foreign Affairs and Immigration Fred Mitchell represented Perry Christie, 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 conferen......

...olio, there is a resort to best suit any group’s needs. Contact any office for professional assistance and let ALHI help you identify distinctive opportunities to meet your objectives with your meetings, incentives, and conventions. For more information about ALHI, to inquire about any of the ALHI member properties, and/or to acquire a free copy of ALHI’s “2012-2013 Global Sales Guide To Meeting Facilities,” contact your nearest ALHI Global Sales......

...ason-Roberts praised the organization of the consultations by the Ministry of Foreign Affairs, led by Ambassador Elisabeth Harper who has been appointed the Change Driver for Guyana. Heads of Government approved the outline of the Strategic Plan at their Inter Sessional Meeting held in Haiti, last February and agreed to appoint Change Drivers in each Member State with overall responsibility for coordinating and facilitating the Change Process at t......

In an exclusive interview the Minister of State in the Ministry of Finance Zhivargo Laing talks to The Bahamas Investor about the current investment climate and the future of the financial services industry in The Bahamas. Q: How is the financial services sector in The Bahamas holding up given the economic uncertainties of the last 18 months? A: You have to take into account both the domestic and the offshore environments. On the domestic side, p......

...The Bahamas, particuarly in the wealth management business,” said Minister of State in the Ministry of Finance Zhivargo Laing in his address. “The global economic landscape has been altered, with the new players being the G20 rather than the G7 nations,” he added. “The axis of the global economic community now seems to turn on the fortunes of these G20 countries and the regulatory landscape remains in a state of continuous flux.” The minister went......

...,000-acre resort, gaming and entertainment complex will set a new standard of luxury for the hospitality industry. The resort is slated to open in the latter part of 2014. At an elaborate groundbreaking ceremony last month, China State Construction vice president Liu Jinzhang predicted an early completion. He said he expected the construction work to be done in “best quality and high speed,” according to his translator. Li Ruogo, chairman and pres......

...e 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 that is not interested in making a profit. But despite this we are doing well.” Short haul flights, continues the chairman, are expensive, as most of the costs of a flight are incurred during takeoff and landing. “There are fuel costs, which are a major cost driver. Moreover, every time you turn o......

...each designer will get the maximum exposure they need to properly produce for a potentially wider market.” In 2010, a 30-minute segment of the event was aired in Florida, New York and across the Caribbean. This year, the event is poised to widen its international market with a one-hour television show to be aired in August on international networks throughout the United States, Canada, the Caribbean and Australia. This latest development is being......