The Bahamas Investor

...nd declared an 18.66-for-1 forward stock split on its common stock, in the form of a dividend. We are currently engaged in discussions with ACM Corporation, a Bahamas corporation (“ACM”), regarding a possible business combination involving the two companies.  At this stage, no definitive terms have been agreed to, and neither party is currently bound to proceed with any transaction.  With the permission of ACM, we have changed our name to facilita......

...il paid a courtesy call on Marilyn Zonicle, Undersecretary in the Ministry of Foreign Affairs, Head Multilateral Relations/Organisations (Political Division), at the Ministry of Foreign Affairs, May 7, 2012. Sir Alan Collins, director general and chief executive of the Commonwealth Business Council paid a courtesy call at the Ministry of Foreign Affairs in The Goodman’s Bay Corporate Centre May 7, 2012. Pictured are Marilyn Zonicle, Undersecretary......

...rcraft tire caging for optimum hull protection as standard, in addition to state of the art Yokohama Seaflex cargo transfer hoses for clean and dirty cargo transfer. Kevin Lenz, SPT Vice President of Commercial states, “Our STS capability will now span the Caribbean and provides three ideal STS locations suitable for all ship sizes year-round with naturally sheltered waters and temperate climates, perfect for clients needing to blend, break or con......

...r future residences a high level of luxury living with amenities such as a state-of-the-art wellness center complete with meditation garden, spa, swimming pool and sports facilities. Rockwell Island has 105 home sites available to purchase with completed home prices to range from $2 million to over $4 million. The community has been conceived as an exclusive resort community with 5-star services ideal for second-home buyers and those seeking a Car......

...participants will have access to various Atlantis offerings including the state-of-the-art 8,000 sq ft kids club AKA (Atlantis Kids Adventures), the $11-million teen club Crush, as well as the world’s largest open-air marine habitat featuring more than 50,000 marine animals. Fans of American Idol, The Voice and The X Factor ages 14–28 will have a chance to work with behind-the-scenes experts during the musical competition experience Audition Star......

...and mobile operators, internet providers, regulatory developments and the state of market liberalisation. Key developments: – Digicel launches WiMAX network in Barbados – BTC launches an LTE network – C&W sells Bermudan fixed line business – Regulatory developments to 2012 – Operator data for Q3 2011 with updates to early 2012. Key Topics Covered: 1. Synopsis 2. Country overviews 2.1 Anguilla 2.2 Antigua and Barbuda 2.3 Aruba 2.4 Bahamas 2.5 Barb......

...ject comes after last year’s San Salvador District Council report into the state of the island’s highway. Following the release of the report, the Ministry of Public Works performed a visual assessment of the roads to confirm what should be done. The Ministry determined that priority should be given to full reconstruction of the road between the airport to Cockburn Town and Sandy Point, localized repairs on the road north of the airport, drainage......

...of Asia’s banking sector. In the 10 years to 2010, the report found the total assets managed by the Singapore’s wealth management and private banking sector increased 11-fold. HNWIs now make up 2.9 per cent of Singapore’s population. In the same period, the number of foreign professionals working in Singapore’s finance industry went up by 9,600, according to the minister of state for manpower, Tan Chuan-Jin. He said that the number of new employm......

...urnished and are managed by Atlantis. Reef owners also enjoy all of the comforts of the world-renowned resort.  Kerzner International’s Atlantis Paradise Island Resort offers its guests a variety of amenities including: miles of pristine beaches, more than 21 restaurants, 19 bars and lounges; the largest casino in the Caribbean, Mandara Spa, the championship Ocean Club Golf Course, and a mega yacht marina capable of handling yachts up to 240 feet.......

...e Holdings Limited concludes a twenty year old vision and the determined effort of my Government with the principals of those companies to develop and operate what will become the Four Seasons Resort at Cotton Bay in Rock Sound, Eleuthera, a five-star branded resort. In terms of tourism development, the economic model of mainland Eleuthera is still evolving. The Ministry of Tourism’s records reveal that with 376 second homes actively engaged in sh......

...hat will be the envy of the Caribbean.” The terminal’s design incorporates state-of-the-art baggage systems, environmentally friendly cooling systems and al fresco dining facilities. “When we assumed operations and management of the airport in 2007 and began preparing for the construction of new facilities, we did so with a view that the airport would be the front door for The Bahamas, for Nassau and the Caribbean,” says George Casey, president an......

...residential construction, including those in the US Gulf States. The need for affordable 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 jus......

...information has evolved from information on request to automatic exchange of information. These advances have been described by the Organization for Economic Cooperation and Development (OECD) as the “expected new standard.” The OECD, which spearheads the initiative for a global standard for the automatic exchange of financial account information, cites FATCA as the catalyst for the move towards automatic exchange of information in a multilateral......

...ran April 2-3 and took place at the Breezes Resort, Nassau. Additional speakers included Prime Minister Perry Christie and Minister of State for Finance Michael Halkitis.......

...in this country,” he said. “The country is moving in the right direction.” The National Conclave runs April 2-3 at Breezes Resort, Nassau. Speakers included Minister of Financial Services Ryan Pinder and Minister of State for Finance Michael Halkitis. Topics to be discussed during the two-day conference include tax reform, arbitration, foreign direct investment and public private partnerships. cmorris@dupuch.com......