The Bahamas Investor

...em to daily life in The Bahamas saying: “We are protecting the environment for our own sakes. The conch belongs to the people of The Bahamas.” “Nature is the infrastructure of our communities. It is a connection to your past, your history and the source of your values and virtues.” Conch populations around The Bahamas have declined dramatically in recent years. Researchers from the environmental group Community Conch surveyed sites in the Berry Is......

...stCaribbean’s parent company in 2002 to develop an internal strategic consulting group for the retail bank. Source: cayCompass.com.......

...sit the islands each year to fish and approximately 80 per cent of these become repeat visitors. “We have the best bonefishing in the world,” says Benjamin Pratt, senior manager in MOT’s Sustainable Tourism Department. “We have the best habitat for it. Our guides are trained and qualified and we have wonderful lodges that provide high quality services.” The National Fly-Fishing Association was established in August last year with the aim of giving......

...aking ground in 2011, developers had said they would require works permits for up to 8,000 foreigners, mostly Chinese workers, at the project’s peak. To finance construction, Baha Mar obtained a $2.5-billion concessionary loan from China Export and Import Bank (EXIM) , in addition to a $150 million investment from China State Construction America Inc , the project’s general contractor. At the press conference, Sands said the company has 1,700 work......

...ut to emerging markets such as Brazil. He said his Ministry’s 10-year plan for the sector included the expansion of foreign language and cultural sensitivity programmes and languages offered would include Spanish, Portugese, French, German, Arabic and Mandarin. This focus on new markets would help The Bahamas grasp unexplored opportunities and enhance its competitiveness, the Minister said. “We have allocated significant resources to focus on Lati......

...British Colonial Hilton and runs until May 16. Other topics on the agenda include emerging markets, developments in risk management and compliance and e-government. cmorris@dupuch.com......

...ng the products and services to the emerging markets that they are looking for,” said Robert Jensen, managing director of Old Fort Holdings. Fellow panelist and managing director Fundhaven Ltd Keith Kelty agreed saying: “We define The Bahamas as the destination of choice to create mutual funds.” According to Kelty, clients are choosing The Bahamas for mutual funds in particular because these are more cost-effective than in other jurisdictions and......

...onth rate of change) since 1940. There are a couple of points of interest. For one, earnings growth has tended to peak in the 20 to 40% range and trough somewhere in the -10 to -20% range. At least that was the case up until this millennium. Since the dot-com crash (i.e. the 2001 – 2002 timeframe), earnings growth volatility has increased dramatically. In fact, the post-financial crisis spike to 793% is not even shown on today’s chart so as to all......

...ayoff at the Kingsmill Championship earlier this month. Known to be fierce competitors on the links, Park, Lewis, Pettersen and Kerr are among the top players to watch this week. Jennifer Johnson is also in the field this week after becoming the first Rolex First-Time Winner of the season at the Mobile Bay LPGA Classic. She overcame a three-stroke deficit heading into the final round to finish one stroke ahead of Pornanong Phatlum and Jessica Kord......

...st Guard. Bimini SuperFast officials had expected to be open to the public by Monday. At Friday’s christening, Genting Group Chairman KT Lim noted that the endeavor will create 800 jobs: 100 at PortMiami, 300 on the ship and 400 in Bimini. He also said the port will receive $60 million annually in fees. Resorts World Bimini President Dana Leibovitz said Genting converted a 12-year-old, 32-ton ship that had been used to ferry automobiles across the......

...inal draft of the legislation, both panelists warned the audience not to become complacent, with Rodgers saying: “You know it is coming and you know it is not going away.” Under FATCA, Foreign Financial Institutions must register with the IRS and provide reports on all accounts held by US taxpayers or be subject to a 30 per cent withholding tax. The legislation will pass into law in January 2013, but the implementation will be phased in gradually......

...n 1999. Priced in gold, the Dow had been in a massive 13-year bear market. However, back in the summer of 2011, gold peaked while the Dow continued to rally. While the Dow (priced in gold) is currently well-off its dot-com record highs, it has been on a tear as of late. The current rally has resulted in a break above resistance of its latest downtrend channel as well as new post-financial crisis highs. Source: Chart of the Day.......

...The Bahamas. Other publications produced by Etienne Dupuch Jr Publications Ltd include the Bahamas Handbook, Welcome Bahamas, What-to-do, Bahamas Trailblazer Maps and the Dining & Entertainment Guide. For more information, promotional copies or to submit press releases to the publisher, contact the Editorial Dept at (242) 323-5665, fax (242) 323-5728 or e-mail info@dupuch.com.......

...KEY WEST, Fla., July, 2013 /......

...mation and assistance that will allow a start-up business to get up on its feet, taking baby steps at first, before walking on its own with the experience they need to continue, to grow, to accomplish and to contribute to the community in which they operate.” Minister of State for Finance Michael Halkitis and Minister of State for Investments Khaalis Rolle lent their support to the project and said that the government was strongly committed to ass......