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News & Press - Jan 26/20

 

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Citigroup executives visit PM

CEO of Citigroup Michael Corbat (centre left) and Donna Corbat (right), accompanied by Citi Country Officer Margaret Butler, paid a courtesy call on Prime Minister Dr Hubert Minnis at the Office of the Prime Minister December 6. (BIS Photo/Yontalay Bowe)

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TheBahamasInvestor.com
Tuesday, December 10, 2019
Tuesday, December 10, 2019

CEO of Citigroup Michael Corbat and Donna Corbat, accompanied by Citi Country Officer Margaret Butler, paid a courtesy call on Prime Minister Dr Hubert Minnis at the Office of the Prime Minister December 6.

Vukota Capital Management, which has offices in The Bahamas, has announced that VCM Lodging Enterprises has acquired 45 Wyndham-branded hotels serving US railway crews in a deal worth $215.5 million. 

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TheBahamasInvestor.com
Tuesday, December 10, 2019
Tuesday, December 10, 2019

VCM affiliate seals hotel chain dealVukota Capital Management (VCM) has announced that VCM Lodging Enterprises has acquired 45 geographically diversified Wyndham-branded hotels serving US railway crews in a deal worth $215.5 million.

VCM has offices in Denver, Colorado, and Nassau in The Bahamas.

The portfolio is comprised of 3,840 rooms across 23 states alongside major US railroad lines. Each hotel is supported by a contract with one of four large North American railway partners.

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Tourism Minister promotes golfing in The Bahamas

Minister of Tourism and Aviation Dionisio D'Aguilar was interviewed by NBC's Golf Channel as part of promotional activities around the Hero World Challenge held at Albany in The Bahamas last week. 

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TheBahamasInvestor.com
Monday, December 9, 2019
Monday, December 9, 2019

Minister of Tourism and Aviation Dionisio D’Aguilar was interviewed by NBC’s Golf Channel as part of promotional activities around the Hero World Challenge held at Albany in The Bahamas last week.

The event brings invaluable exposure for the islands of The Bahamas and sports tourism.

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PM testing US pre-clearance for travel

The establishment of Bahamas Customs and Immigration pre-clearance of flights in Florida is being tested by the Ministry of Tourism to improve access to Family Island destinations and diversify tourism centres across The Bahamas, Prime Minister Dr Hubert Minnis said at the end of last week. Pictured: Prime Minister Dr Hubert Minnis talks to press at Atlantis Paradise Island December 6. (Photo courtesy BIS)

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TheBahamasInvestor.com
Monday, December 9, 2019
Monday, December 9, 2019

The establishment of Bahamas Customs and Immigration pre-clearance of flights in Florida is being tested by the Ministry of Tourism to improve access to Family Island destinations and diversify tourism centres across The Bahamas, Prime Minister Dr Hubert Minnis said at the end of last week.

The pre-clearance system was initially put in place by the Ministry of Finance and Bahamas Customs to facilitate the delivery of relief supplies to Abaco and Grand Bahama after Hurricane Dorian.

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Hero World Challenge – photos

Tiger Woods's Hero World Challenge is in full swing at Albany in The Bahamas. See pictures of the first round here. Pictured: Tiger Woods and Justin Thomas in Hero World Challenge, in Wednesday's Round 1, at Albany Golf Club, December 4-7. (BIS Photos/Kemuel Stubbs)

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TheBahamasInvestor.com
Friday, December 6, 2019
Thursday, December 12, 2019

Tiger Woods’s Hero World Challenge is in full swing at Albany in The Bahamas.

Minister of Tourism and Aviation Dionisio D’Aguilar met Tiger Woods at the New Providence luxury community resort.clear

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Internet leaders gathered in the Caribbean this week to discuss how the region can develop its digital infrastructure. 

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TheBahamasInvestor.com
Thursday, December 5, 2019
Thursday, December 5, 2019

Internet stakeholders host regional conferenceInternet leaders gathered in the Caribbean this week to discuss how the region can develop its digital infrastructure.

The two-day State of the Internet Symposium took place in Basseterre, St Kitts, 4-5 December and brought together representatives from the American Registry for Internet Numbers (ARIN), the Caribbean Telecommunications Union and the Caribbean Network Operators Group to discuss internet-related trends, policies and challenges.

Other items on the agenda included roundtable discussions on protecting and controlling digital data, critical internet infrastructure, intellectual property, cloud computing and artificial intelligence.

Hero World Challenge tees off

The Hero World Challenge takes place in Nassau this week, bringing 18 of the world's best players to the Albany Resort to compete for the $1 million prize. Pictured: Tiger Woods takes to the course for Round 1 of the Hero World Challenge 2019. (Photo courtesy Hero World Challenge)

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TheBahamasInvestor.com
Thursday, December 5, 2019
Thursday, December 5, 2019

The Hero World Challenge takes place in Nassau this week, bringing 18 of the world’s best players to the Albany Resort to compete for the $1 million prize.

Hosted by Tiger Woods, the high-profile tournament is one of the biggest events in the Bahamas’ sport and tourism calendar.

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The Bahamas Development Bank is in the midst of a major reform effort to ensure that it can meet international expectations for national development, including support for the United Nations sustainable development goals. 

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TheBahamasInvestor.com
Wednesday, December 4, 2019
Wednesday, December 4, 2019

BDBThe Bahamas Development Bank (BDB) is in the midst of a major reform effort to ensure that it can meet international expectations for national development, including support for the United Nations sustainable development goals.

In addition to business process re-engineering to improve service quality, the bank is also developing a new strategic plan.

The plan will integrate the need for climate change mitigation, environmental sustainability, gender equity and financial inclusion while ensuring that the bank is focused on development that will tangibly increase economic empowerment for Bahamians.

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Central Bank releases latest economic report – PDF

Indications are that The Bahamas' domestic economic activity remained mildly positive in October, following the passage of Hurricane Dorian, according to the latest economic report from The Central Bank of The Bahamas. Specifically, tourism output was supported by gains in the New Providence market and the unaffected Family Islands. 

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Central Bank of The Bahamas
Tuesday, December 3, 2019
Tuesday, December 3, 2019

Indications are that The Bahamas’ domestic economic activity remained mildly positive in October, following the passage of Hurricane Dorian, according to the latest economic report from The Central Bank of The Bahamas.

Specifically, tourism output was supported by gains in the New Providence market and the unaffected Family Islands.

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The Bahamas ramps up promotion on Florida radio – photos

As part of its "Bahamas is Open for Business" marketing campaign, the Bahamas Tourist Office in Plantation, Florida will conduct three special editions of The Bahamas Travel Show. Pictured in studio: (from left) Tina Lee; Melissa Anderson, sales consultant, Atlantis Paradise Island; Earnestine Moxyz; Betty Bethel-Moss and Viktoria Riley, director of marketing, Ocean Club, A Four Seasons Resort. (Photos courtesy MOTA)

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TheBahamasInvestor.com
Tuesday, December 3, 2019
Tuesday, December 3, 2019

As part of its “Bahamas is Open for Business” marketing campaign, the Bahamas Tourist Office in Plantation, Florida in conjunction with its partnership with Hubbard Radio Alpha Media Network, in West Palm Beach, will conduct three special editions of The Bahamas Travel Show.

The show was designed to further heighten The Bahamas’ brand, increase market visibility, engage loyal listeners, increase visitor interest and bookings to its destination and simultaneously, promote the latest developments, trends and tourism activities occurring in and around the Islands of The Bahamas.

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