The Bahamas Investor

.... 4. Technology According to analysts Forrester Research, the threat posed by competitors in the wealth management space with access to superior technology is significant: “Firms built on person-to-person relationships face increasing pressure from competitors who are creating better digital experiences for clients and from digital disruptors that deliver better services at a lower price.” These new wealth management firms have the potential to tr......

...in August 2003 between their respective Ministries of Education providing for 79 Cuban specialists to teach in 25 government senior and junior high schools for a period of two to four years. Over time, hundreds of Bahamian students have graduated and continue to study at Cuban institutions in the fields of medicine, economics and engineering. To date, more than 400 Bahamians have benefited from the Operation Miracle eye programme, enabling those......

...majority shareholder Heineken NV. Some 75 per cent of the shares are owned by Heineken and 25 per cent by Bahamian investors, including the National Insurance Board represented on the board of directors by Williams-Bethel. CBL owns and operates 55 stores on 11 islands and manufactures and bottles beverages including The Bahamas’ most popular beer, Kalik, at its 150,000 sq ft plant on the southwest coast of New Providence. CBL captures about 80 per......

...uilt from scratch. You have to adapt to the local environment. We are very comfortable there and that is something we want to replicate in other parts of the world.” A shrewd acquisition policy has helped Julius Bär in its drive to capture market share worldwide. The bank made headlines in 2012 when it acquired Merrill Lynch’s International Wealth Management business in a deal worth around $840 million. The purchase, which saw Julius Bär scoop up......

...corrections, including a one-time adjustment and were described as paling by comparison to the significance of “exciting” strategic plans to take the company forward. CBL chairman Julian Francis (photo courtesy CBL) called the results “particularly impressive” given that the maker of Kalik and leading distributor of more than 200 brands had invested heavily in inventory after being named a supplier of choice for Baha Mar, an expense it could not......

...is also gaining traction. The Bahamas is rapidly emerging as a destination for companies looking for captive insurance solutions to their risk management practices. US companies are a particularly large client base for Bahamian captives. Captive insurance accounts for around 13 per cent of total insurance business in the country and the number of segregated captive cells rose from 65 in 2013 to 99 in 2014. The reasons behind the attraction of The......

...the Caribbean islands of Aruba, the Bahamas, Cayman Islands, Curaçao, Dominican Republic, St. Maarten and Puerto Rico as well as Guyana on the Caribbean coast of South America. For further information, visit choicehotels.com. (PRNewsFoto/Choice Hotels International) (PRNewsFoto/Choice Hotels International)......

...ndon, decided to build a boutique hotel next door. “We wanted a laid-back, comfortable space for people from every walk of life. That is what was missing from this end of the island,” says project manager Lauren, who is also a director of the hotel’s parent company The Island House Nassau. “Mahogany House was a great tester. I wanted to move back home from London and [Mark] had the land so we decided it was the perfect spot to expand on what he ha......

...staff ensure that their clients are fully informed, know the risks and are comfortable with their trading strategy. With its emphasis on client service, the bank recognizes the importance of having excellent staff in place. “Having good staff is key. People who trade on these platforms are tech savvy and they clearly have an understanding of the markets, but you need to have a person who knows what you can and cannot do with the platform,” says Co......

...ll housed in a classic colonial mansion. Rooms include spacious balconies or patios, private butler service and in the villa residences, private infinity pools. Guests here also have access to the beach, four tennis courts and an 18-hole golf course. One&Only lodgers also have free access (and complimentary transport) to the facilities at the Atlantis Resort complex, including its 21 restaurants and 19 lounges. If you don’t want to venture away fr......

...today, May 10, 2017. Both major parties, the Progressive Liberal Party and the Free National Movement, held rallies in Grand Bahama last night. Although the polls officially opened at 8:00 am, the lines were formed as early as 7:00 am at some polling stations. There are five seats being contested in Grand Bahama, of the total 39 seats to make up the House of Assembly. (BIS Photos/Vandyke Hepburn)......

...mber of Commerce and Employers Confederation , will serve as an online platform for buyers, sellers and businesses through which to communicate, as well as conduct the operations of their business. As one of its main objectives, the portal will provide businesses with reliable trade data, collected, collated and conveniently stored on a centralized and user-friendly platform. Consequently, Bahamian entrepreneurs would have online access to market......

...for Financial Services Hope Strachan, former Minister of Tourism Obie Wilchcombe and former Minister of Education Jerome Fitzgerald all expected to lose to the FNM. PLP Chairman Bradley Roberts called the results “unexpected” and said the party would now focus on rebuilding. The country’s third largest opposition party, the Democratic National Alliance (DNA) is also in rebuilding mode after failing to secure any seats. “The people have spoken and......

...representatives from technology and tourism organizations, and a logistic company specializing in free trade zones, among others. Presentations were made by the Ministry of Tourism, a Grand Bahama real estate firm, the Grand Bahama Port Authority , and the Bahamas Chamber of Commerce and Employer’s Confederation (BCCEC ). Leader of the delegation, Minister of State for Grand Bahama Kwasi Thompson, addressed the gathering on the government’s inves......

...professionals agree that The Bahamas continues to be an attractive choice for foreign investors looking to purchase property in the Caribbean region for many reasons. “Climate, its proximity to the US and the fact that it’s a little different, makes The Bahamas the ideal place for real estate investment,” says Damianos. “[The Bahamas’] dollar-based currency is a plus and our beautiful beaches and crystal clear waters are second to none.” “There a......