The Bahamas Investor

...RBC employees are already signing up to plan projects that span many areas of need. For example, a team of employees from the RBC Bahamas Service Center is volunteering at the Bahamas Infant Stimulation Programme on April 23. Each Tuesday the home hosts a playtime for children ages 2-5 with Down’s syndrome and autism. RBC volunteers will assist in this activity. “The organization has very little volunteer support, so our involvement will allow for......

...other events. Forward-looking statements are generally identifiable by use of forward-looking terminology such as “may,” “expect,” “anticipate,” “estimate” “believe,” “project,” or other similar words or expressions. These forward-looking statements reflect our current views about future events and are subject to risks, uncertainties, assumptions and changes in circumstances that may cause our actual results or other future events to differ materi......

...Services and the Professional Industry Associations (PIAs), which are part of its Professional Industry Association Working Group (PIAWG). Under the sponsorship of Deloitte, KPMG, Ernst & Young, and PricewaterhouseCoopers, the event will be held in the Windsor Room of the British Colonial Hilton Hotel, in downtown Nassau. The sponsors have identified key persons on their respective FATCA teams to present during the half-day programme–facilitating......

...of their choice, having regard to considerations such as the investment profile of the fund, domicile of investors, the location of other service providers or any other factors which they consider to be relevant, without being restricted to administrators which are licensed or financial institutions. It should be noted, however, that overall responsibility for all administrative functions (whether or not they are outsourced) remain with the admin......

...articipants include Dr Launi Jones, Dr Norad Morgan and Dr Indira Martin. Topics on the agenda include genetic testing, treatment options for cancer and community outreach. One Eleuthera is a non-profit organisation established in 2012 to invest in projects that will further the development of the Family Island. It is focusing its efforts in five areas–education, heritage and culture, economic development, environmental sustainability and health a......

...on plan is being implemented that addresses product placement, procurement of affordable transportation with express cruise ship ferry and airlift offering special rates, island infrastructural improvement, resort activity enhancement, the implementation of an effective marketing strategy, human resource development and training to deliver a world class service. There are plans by the developer to market the resort as a haven for boating, yachting......

...al Travel Destinations: Cancun, Mexico – Cancun continues to be at the top of the list for international destinations to visit during summer 2013. Other than beautiful beaches, resorts, and hotels, Cancun is home to many food and wine festivals, entertainment venues, and 5 star rated dining and restaurants. With the city’s popularity booming, it is now easier for travelers to reach Cancun, thanks to the addition of new flights from major cities ar......

...Ocean Investments Ltd. with the government, the initial phase of the project would start in the fall.” The first phase would include refurbishment of the existing resort and the construction of 60 condo-hotel units.......

...rn West Nassau into a vibrant, modern yet relaxing destination. Additional foreign investments, like the $3.5 billion Chinese-backed Baha Mar mega-resort, are expected to turn West Nassau into the most-visited part of the country by end-2014 when it opens. Caves Heights is doing brisk business, selling nine units with a total sales volume of $7 million last year, while the first quarter of 2013 has already seen 10 sold at a total of $9 million. Th......

...ng efforts on property upgrades in The Bahamas, but it is also on the hunt for other investments. “We are also currently in negotiation for four properties with over 2,000 rooms in the Caribbean,” Issa said Thursday, but offered no details. Citing competitive reasons, he also declined to disclose whether he was purchasing or leasing the properties. The most recent sale was Breezes Grand Negril Resort & Spa – also referred to as Bloody Bay hotel –......

...“We believe that this marina is the first in what we hope will be a series of investments over many years that will help Nassau realize her full potential as a vibrant, living city where people want to be to work, live and play.” Bay Street Marina consists of 6,000 linear feet, all planked in long-lasting Brazilian ipe wood, with spaces allotted for vessels of between 40 ft and megayachts up to 150 ft. Designed by BHM Management and built by Mosko......

...nd their place within the global economy has become increasingly important for those wealth planners wishing to expand their investments and financial service responsibilities. In response to this pressing need for up-to-date and reliable knowledge about this sector, the theme of this IFC World Breakfast Briefing will be the main products and services available from these financial centres, and what differentiates them from other jurisdictions. Th......

...rk choices and investment vehicles across the alpha-beta spectrum. As part of an offshore finance centre and operating in an economy dependent on commodities imports, an investor looking at The Bahamas has a number of compelling reasons to consider this asset class for themselves and their clients. Bio David W Burkart, CFA David W Burkart leads the marketing, portfolio management and investment research for Barclays Global Investor’s (BGI) institu......

...for CARICOM, and my Minister of Tourism serves as Chairman of the Council of Ministers of the Caribbean Tourism organization, and his Director General serves as Chairman of the Board of Directors for CTO. Several months ago, I challenged several members of your executive and Board and the Board of CTO to come back to me with policies and innovations for ensuring that tourism development benefits the lives of our citizens to the fullest extent pos......

...trapetrol (Bahamas) Limited (ULTR) was among the biggest gainers on the Russell 2000 for Wednesday August 31 as the stock popped 6.34% to $0.35, representing a gain of $0.021 per share. Some 90,564 shares traded hands on 210 trades, compared with an average daily volume of 566,412 shares out of a total float of 140.73 million. The stock opened at $0.34 and traded with an intraday range of $0.37 to $0.33. After the gains, Ultrapetrol (Bahamas) Limi......