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Court approves Baha Mar redundancy plan

Friday, October 23rd, 2015 | Filed Under: News & Press

...advised of their status by notice to their individual e-mail addresses or communication from supervisors. Information was also posted on the joint provisional liquidators’ website. “We were paying housekeeping staff when there was no housekeeping to do, spa staff when there was no spa, casino staff when there was no casino to operate,” said Alastair Beveridge, AlixPartners. “Thanks to monies that were made available to us by the Government from f......

 

$36.75M resort town to be developed in The Bahamas

Thursday, August 30th, 2012 | Filed Under: News & Press

...Capital Corp Merchant Banking, where he syndicates and structures funding for top companies worldwide, all the while investing his own firm’s funds into the projects. As the head of Capital Corp Merchant Banking, Mr Herard has become a leading figure in international middle-market project financing and engineers all funding structures for projects at Capital Corp. Mr Herard has received numerous awards for his work and other contributions includi......

 

Abaco Cays Realty hits $100m in listings

Tuesday, January 20th, 2015 | Filed Under: News & Press

...et on 17 acres of Man-o-War Cay. The news comes as the firm launches a new website AbacoCays Realty.com. “Two weeks into 2015 and there’s a lot of buzz in Abaco. After several years of investors being wary because of worldwide economic uncertainty, we are beginning to see more activity, leading us to be cautiously optimistic as we look to the future,” explains Paul Thompson, a former senior hospitality executive who turned to real estate developme......

 

New business body launched

Thursday, May 26th, 2011 | Filed Under: News & Press

...advocate organizations and have focused a lot of our efforts on advocating for the business community.” Rolle said the new body would reach out to the wider business community not just in Nassau, but throughout the Family Islands and provide members with a host of new services including business counselling, a job search website, HR support and networking opportunities. Other functions of the new organization include representing and assisting SME......

 

Mitchell in Washington to meet with the OAS

Monday, December 15th, 2014 | Filed Under: News & Press

...ess, scheduled for December 16, will be live streamed on the OAS’ official website. The new administrative measures being taken by the government of The Bahamas to strengthen the country’s immigration policy and eliminate fraud are expected to take center stage during these meetings. The Minister is scheduled to meet with the CARICOM’s OAS Caucus and the Secretary General of OAS, Jose Miguel Insulza December 15 ahead of the Council address. Mitche......

 

Pictet joins Speed Week sponsors – video

Monday, September 26th, 2011 | Filed Under: News & Press

...world. Other sponsors already signed on for the event include the Ministry of Tourism and Aviation, Carlo Milano, Bahamas Ferries and EFG Financial Services. For more information watch the video below and visit Bahamas Speed Week Revival’s website.......

 

Citi earns top magazine award

Friday, November 18th, 2011 | Filed Under: News & Press

...ts, CEOs, CFOs, treasurers and other senior financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. Global Finance also targets the 8,000 international portfolio investors responsible for more than 80% of all global assets under professional management. Its website offers analysis and articles that are the heritage of 22 years of experience in international financial marke......

 

Young CEO addresses Bahamian youth – photos

Friday, March 2nd, 2012 | Filed Under: News & Press

...ts, educators and business stakeholders to see every obstacle as an opportunity. Gopinath, who is only 24 years old, was recognized as the world’s youngest entrepreneur by CNBC and e-Business after he launched a website at the age of 14, and incorporated his company the same year.......

 

NY Times: China flexes economic might in The Bahamas – photos

Monday, April 23rd, 2012 | Filed Under: News & Press

...China’s economic might has rolled up to America’s doorstep in the Caribbean region, with a flurry of loans from state banks, investments by companies and gifts from the government to The Bahamas, according to a photojournalism piece on The New York Times website. See the photos here.......

 

Government releases GDP 2012 figures

Monday, April 8th, 2013 | Filed Under: News & Press

...oss Rents declined. Others statistics released included: The Gross Capital Formation in Constant Prices grew by 20.6%. The impetus in this sector was Non-Residential Construction and Machinery and Transport Equipment which increased by 97% and 22.6%, respectively. This build-up of these fixed assets was the direct result of major capital projects such as the BahaMar and the Airport Expansion Projects, etc. The Private Final Consumption Expenditure......

 

Bahamas celebrating 40th independence in 2013

Friday, April 12th, 2013 | Filed Under: News & Press

...cluding concerts, regattas and sporting events – will be detailed on a new website launching later this week. Formerly a British colony, the Bahamas became an independent Commonwealth realm on 10 July 1973, retaining the Queen as monarch. Today, the islands are a popular holiday destination. Commenting on 2013’s significance, the co-chair of the 40th Independence Anniversary Committee Charles Charter said: ‘This anniversary allows us abundant oppo......

 

Bahamas Mortgage Corp celebrates 30 years

Friday, June 14th, 2013 | Filed Under: News & Press

...ted by the Central Bank. In recent years the corporation has embarked on a campaign to revitalize its public image and operations. BMC introduced new computer programmes and systems for better customer service and inter-office communications, as well as commissioning a new website, which is now fully operational. The company logo was also revamped. The executive team was revitalized by the acquisition of the services of an in-house corporate attor......

 

British banker killed in hurricane

Monday, October 29th, 2012 | Filed Under: News & Press

...nburgh before gaining an MBA from Cranfield Business School. A spokeswoman for the Foreign Office said: “We can confirm the death of a British national in the Bahamas on October 25.” Hurricane Sandy has now spun away from the Bahamas, churning northward towards the US East Coast, where it threatens to join with winter weather fronts to create a superstorm. The Category 1 hurricane toppled lampposts, flooded roads and tore off tree branches as it s......

 

BISX to get new sponsor

Thursday, April 23rd, 2015 | Filed Under: News & Press

...These three funds have been approved for listing and will now have their information disseminated via the BISX Website. Colonial Bahamas Fund Class D, Colonial Bahamas Fund Class E, and Colonial Bahamas Fund Class F are open-ended investment sub-funds of the Colonial Bahamas Fund. Commenting on the admission of Colonial Pension as a BISX Sponsor Member, BISX Chief Executive Officer Keith Davies stated, “We are pleased to have such a positive devel......

 

An inspired second

Sunday, January 1st, 2006 | Filed Under: Features

...keep you cool on the veranda during cocktail hour in the shade of a giant silk cotton tree. Steps away, four-bedroom club villas are under construction and scheduled for completion in spring ’06. Villas are priced from US$2.2 million, and lots between $450,000 and $970,000.......

 
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