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Minister of Tourism and Aviation Vincent Vanderpool-Wallace touted the multi-million dollar redevelopment of the airport and other infrastructure developments as being signs that the government was serious about furthering tourism in the country during his address to the Routes Americas 2012 conference held in Nassau this week. Watch a video of his speech here. 

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TheBahamasInvestor.com
Wednesday, February 22, 2012
Wednesday, February 22, 2012

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During a ceremony in The Bahamas on Tuesday, Nassau Airport Development Co (NAD) officially handed over the conference responsibilities to Cartagena de Indias, Colombia, the host destination of Routes Americas 2013. 

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TheBahamasInvestor.com
Wednesday, February 22, 2012
Wednesday, February 22, 2012

Lawrence LewisThis year’s Routes Americas conference host Nassau Airport Development Co (NAD) has officially handed over to Cartagena de Indias, Colombia, the host destination of Routes Americas 2013.

The only route development event for the entire Americas region will take place February 10-12 in Cartagena, and will be hosted by Cartagena-Rafael Nuñez International Airport (left) and supported by its stakeholders Cartagena Tourist Board and PROEXPORT Colombia.

Cartagena, world heritage city and gateway to the Colombian Caribbean, has seen a recent rise in tourism, as overall visitor numbers to Colombia grew by 14 per cent in the January-June period of 2011 compared to 2010.

Rafael Nuñez International Airport is located within the city limits and receives more than 220 direct national flights every week, allowing more than 700 international flights to connect to Cartagena from other cities in Colombia.

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Nassau Airport Development Co is hosting one of the largest regional airline industry events, with more than 400 delegates from 42 countries visiting the Atlantis Paradise Island conference venue. See photos of the event here. 

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TheBahamasInvestor.com
Wednesday, February 22, 2012
Wednesday, February 22, 2012

Prime Minister Hubert Ingraham joins in with a toast

Delegates are invited to network and mingle in the main hall at the event, which is being hosted by the Nassau Airport Development Co (NAD) and runs February 19-21 at the Atlantis Paradise Island resort.

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Dallas/Fort Worth International Airport was announced as the winner of the first heat of this year’s Routes Airport Marketing Awards monday night at a lavish networking event at the Sheraton Nassau. 

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TheBahamasInvestor.com
Wednesday, February 22, 2012
Wednesday, February 22, 2012

Dallas/Fort Worth International Airport (DFW) was announced as the winner of the first heat of this year’s Routes Airport Marketing Awards monday night at a lavish networking event at the Sheraton Nassau.

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The new $27.3-million international terminal, air traffic control tower and fire/crash rescue facility under construction in Marsh Harbour, Abaco is nearing completion. See photos of the development here. 

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TheBahamasInvestor.com
Tuesday, February 21, 2012
Tuesday, February 21, 2012

Grant (right) is pictured with contractor Fletcher McIntosh

Public Works and Transport Minister Neko Grant (right) is pictured with contractor Fletcher McIntosh in front of the fire/crash rescue facility. (BIS Photo/Letisha Henderson)

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One of the biggest regional airline industry conferences got underway at Atlantis Paradise Island on Friday. Routes Americas 2012 will draw more than 400 delegates from 42 countries, representing 60 airline carriers. 

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TheBahamasInvestor.com
Tuesday, February 21, 2012
Tuesday, February 21, 2012

Routes OnlineRoutes Americas 2012, a three-day conference promoting the region’s airline industry, officially launched Friday at the Atlantis Conference Center on Paradise Island.

The event, hosted by the Nassau Airport Development Co (NAD), runs February 19-21 at the Atlantis Paradise Island.

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WSC signs $83-million non-revenue water reduction contract

The Water and Sewerage Corporation has signed a contract with Miya/Veritec reduce NRW from over five million gallons per day to 2.5 million gallons per day within five years. Pictured: Signing on behalf of WSC (from left) Minister of State in the Ministry of the Environment Phenton Neymour; Financial Secretary, Ehurd Cunningham; WSC chairman Anton Saunders and WSC deputy chairperson Pauline Nairn. (BIS Photo/Peter Ramsay) 

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TheBahamasInvestor.com
Monday, February 20, 2012
Monday, February 20, 2012

The Water and Sewerage Corporation (WSC) signed an $83-million non-revenue water reduction (NRW) contract with Miya/Veritec at the Office of the Prime Minister on February 17.

The signing of the contract completes the execution of an $81-million loan agreement that was signed on December 16, 2011, between the WSC and the Inter-American Development Bank (IDB), secured with a guarantee by The Bahamas government.

The loan will be used for infrastructural improvements to the water systems on New Providence, as well as administrative upgrades.

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Department of Statistics releases Births Report for The Bahamas

For the first time, the government department has released a detailed report on the birth trends for The Bahamas covering the last 40 years. 

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TheBahamasInvestor.com
Monday, February 20, 2012
Monday, February 20, 2012

The Department of Statistics announced the release of its Births Report for The Bahamas at the weekend.

This is the first time the department has produced in one volume a report on the population patterns for the country over a 40 year period.

In 1970, when the population of The Bahamas was around 170,000, women were expected to have an average of four live born children during their childbearing age, according to the report. Four decades later, with a population of more than 360,000, the number has decreased to two.

The report also indicates that The Bahamas recorded its highest reproductive rates in 1970, when the birth rate peaked at 28.8 live born children per 1,000 population. This rate has steadily declined, reaching 15.5 in 2010.

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Freda Madrisotti, Director of Romance for The Islands of The Bahamas, extolls the benefits of holding your nuptials in The Bahamas in a recent YouTube video, while the government also ran a competition on its Facebook page for entrants to win a free destination wedding package. Watch the video here. 

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Bahamas.com
Monday, February 20, 2012
Monday, February 20, 2012

To help promote the industry, the Bahamas government has posted promotional videos and recently ran a competition for entrants to win a dream destination wedding, on its Facebook page.

FATF releases revised recommendations – PDF

After two years of consultation with member countries, the Financial Action Task Force has released a report detailing modifications to existing anti money laundering and terrorist financing initiatives. Download the full report and media briefing here. 

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TheBahamasInvestor.com
Friday, February 17, 2012
Friday, February 17, 2012

The Financial Action Task Force (FATF), yesterday released a media briefing and report detailing recommendations to existing global initiatives to combat money laundering and terrorist financing.

The FATF is the global standard-setter for measures to combat money laundering, terrorist financing, and the financing of proliferation. It is an intergovernmental body with 36 members, and with the participation of over 180 countries through a global network of FATF-style regional bodies.

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