The Bahamas Investor

...ner to CARICOM. (BIS Photo/Letisha Henderson) Jerome Roberts, Acting Chief Minister and Minister of Home Affairs, Anguilla (left), and Picewell Forbes, Bahamas High Commissioner to CARICOM. (BIS Photo/Letisha Henderson) Dr William Warren Smith, President, Caribbean Development Bank, left; Picewell Forbes, Bahamas High Commissioner to CARICOM, centre; and Freundel J Stuart, Prime Minister of Barbados. (BIS Photo/Letisha Henderson) Bahamas Ambassado......

...nk Caribbean Governors Regional Meeting at the Grand Lucayan resort. Prime Minister Perry Christie had officially opened the conclave the day before. Wilchcombe also called on the IDB to play a greater role in the promotion of the tourism in the region. The Tourism Minister said that Grand Bahama tourism is going through positive transformation with increased airlift and cruise passengers. He told the gathering that nationwide, tourism has for som......

...rvices, international business, commerce, trade and other enterprises.” As Minister of Finance, the Prime Minister said he was pleased that the financing model used for this redevelopment project is fairly unique in the region and is being studied and replicated in other places. The total project budget is approximately $409.5 million. The airport is managed by Nassau Airport Development Co (NAD) . NAD is responsible for most of the physical infra......

...e Nassau Conference , held at the British Colonial Hilton in Nassau today, Minister Pinder said he would focus on Latin America and new areas of economic growth. “We in The Bahamas are the gateway to the Americas,” he told attendees. “We have a long-standing reputation within the region. We are the pre-eminent jurisdiction for wealth management.” The Minister spoke of the success of new financial products, such as SMART Funds, in enhancing the cou......

Mr. President, I congratulate you on the assumption of your duties to preside over the work of this august Body during its Sixty-Seventh Session and assure you of my Delegation’s support and cooperation throughout. I also commend your predecessor, H.E. Mr. Nassir Abdulaziz AI-Nasser for his stewardship of the previous Session of the General Assembly. Mr. President, The Bahamas commends the United Nations for the convening and outcome of the High-......

...2013. Ambassador Hu leaves The Bahamas November 9. Pictured: Deputy Prime Minister and Minister of Works and Urban Development Philip Davis (right) presents a painting by Bahamian artist the late Chan Pratt to the People’s Republic of China’s Ambassador to The Bahamas, Hu Shan, during a farewell courtesy call at the Ministry of Foreign Affairs, November 6, 2013. (BIS Photo/Eric Rose) Pictured: (from left) Permanent secretary at the Ministry of Fo......

...hat is already well underway regarding politics in our country,” the Prime Minister said. “It is so refreshing, to see so many new persons stepping forward to take their part in the governance of our country.” Prime Minister Christie noted that those on his team not chosen to serve on the Senate, may be afforded the opportunity, later during this government’s current term. The Prime Minister said: “Now that the Parliament of The Bahamas is fully c......

...parliamentary democracies, Ingraham was the first defeated Bahamian Prime Minister to take such an action. Former Bahamas Prime Minister Hubert Ingraham (front row right) at his final sitting in the House of Assembly, ending a 35 year political career. In a speech released to the media, Ingraham said: “While many will comment now and into the future on the reasons for my party’s loss, I accept full and unreserved responsibility for our defeat.” “......

...d hurricane relief at a rate in excess of $1.5 million per year. The Prime Minister said: “As an industry leader, Atlantis is extending sports betting in its casino and has been given permission to introduce mobile gaming on its resort premises.” “Atlantis will be well poised to take advantage of the new cutting-edge games and revised, modernized casino legislation, which will be introduced in Parliament shortly, making The Bahamas more competitiv......

...ognized that the Cable Beach tourism product failed to utilize prime real estate. “There was a whole stretch of land south of West Bay Street that wasn’t being used at all.” So, in 2004 Izmirlian enticed chief architect Mike Hong on-board and they started to work on a master plan to redevelop the whole area. Even for the multi-award-winning founder and senior principal designer of LA-based Michael Hong Architects, it was a big task. The Korean-Ame......

.... Resort developers and celebrities are acquiring the finest Bahamas real estate. China is busy acquiring and developing Bahamas real estate, according to Kevin Dickenson of Prudential Florida Realty. The islands of the Bahamas are an increasingly popular destination for Floridians because you can jump in your yacht on Palm Beach at sunrise and tie up at West End for lunch or take a plane if you want to land in paradise within the hour. The island......

...fordable housing that can be quickly built is becoming more urgent in such states as Mississippi and Louisiana devastated by the 2005 hurricanes, where the Federal Emergency Management Agency (FEMA) has assisted more than 110,000 households set up in temporary shelters, such as trailers. According to the US-based Steel Framing Alliance, steel framing accounted for just 1.5 per cent of the US residential market and two per cent of the Canadian mark......

...driven by increasing competition and the anticipated privatization of the state-owned provider, the domestic telecom industry is answering their call. The Bahamas Telecommunications Company (BTC) has partnered with Canadian-based Research In Motion (RIM) to bring the BlackBerry wireless handheld device to The Bahamas. BTC is also aggressively pursuing the introduction of voice-over-Internet (VOIP) technology for its domestic customers. In 2005, B......

...American Development Bank to strengthen my office, The Office of the Prime Minister. In particular, I sought to strengthen my office’s ability to planning for development. Within a few months of signing the agreement with the IDB, my office launched a 25 year National Development Plan process. The National Development Plan Secretariat is diligently working on a State of the Nation Report which I will present at Independence. The report will highli......

...eadership for all legal matters relating to franchising, operations, real estate development, compliance, contracts and many other areas that impact the McDonald’s business. His career with McDonald’s Corporation spanned nearly a decade and included various roles of increasing responsibility across the Legal function from 2006-2015. Prior to joining McDonald’s Corporation, he was Deputy General Counsel for the State of Illinois Department of Centr......