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News & Press - Nov 19/18

 

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Prime Minister to head Canada trade mission

Two-day trade and investment mission to Canada to visit Toronto and Calgary at the end of March. Prime Minister expected to speak at key luncheon events at two venues. 

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TheBahamasInvestor.com
Wednesday, March 9, 2011
Wednesday, March 9, 2011

Prime Minister Hubert Ingraham is set to lead an investment and trade mission to Canada at the end of the month.

The two-day mission will visit Calgary on March 28 and Toronto on March 30. The Prime Minister is expected to make luncheon presentations on both days.

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Baha Mar project will be on time, on budget say developers

Following the groundbreaking of Baha Mar last month, now the real work begins on the multi-billion dollar Cable Beach development. The Bahamian project developers are looking to their foreign partners to deliver on time, to budget and to the required standards. 

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TheBahamasInvestor.com
Monday, March 7, 2011
Monday, March 7, 2011

It is a complex overseas project for China State Construction Engineering Company Ltd and the Export-Import Bank of China, but all parties say they are committed to developing the $3.4-billion Baha Mar resort in The Bahamas on time and within budget.

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Top airline industry conference to come to The Bahamas

The Nassau Airport Development Company is set to host the fifth Routes Americas industry conference. Held at Atlantis, Paradise Island, next February, the event will attract around 200 international delegates from leading airline and airport companies. 

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TheBahamasInvestor.com
Friday, March 4, 2011
Friday, March 4, 2011

Key players in the airline and airport industry responsible for developing new routes to, from and within the Americas are set to touch down in The Bahamas next year, as the Nassau Airport Development Company (NAD) prepares to host the fifth Routes Americas forum.

The annual event attracts more than 200 leaders in the airline and airport industry from North, Central and South America, and the Caribbean for strategic networking on air service development.

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Robert Moore, chief executive officer and co-founder of New York-based Media Labs Inc spoke on the topic of Leveraging Social Media–Turning Traffic Into Revenue on the first day of the Domain Roundtable conference held in Atlantis this week. The industry expert said building a social media presence was imperative to gaining traffic. 

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TheBahamasInvestor.com
Thursday, March 3, 2011
Thursday, March 3, 2011

Speaking at the Domain Roundtable conference being held at Atlantis March 1-4, Robert Moore, chief executive officer and co-founder of New York-based Media Labs Inc addressed delegates on the topic of Leveraging Social Media–Turning Traffic Into Revenue.

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Atlantis Paradise Island hosts cutting-edge Internet industry conference

Discussing a range of topics appertaining to the Internet and domain industry, experts and key players in the sector are attending the Domain Roundtable conference in Nassau. The four-day event covers issues as diverse as branding, social network media and marketing. 

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TheBahamasInvestor.com
Wednesday, March 2, 2011
Wednesday, March 2, 2011

For four days this week, industry leaders, policy makers and major players will be discussing the key issues in the field of domain assets and e-business at Domain Roundtable at Atlantis, Paradise Island. The conference will cover topics as diverse as tactics for branding, leveraging social network media, navigating the marketplace and domain development.

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Government to create new Grand Bahama business entity

Speaking at the Business Outlook conference last week in Grand Bahama, the Minister of State in the Ministry of Finance said that a new business development board would help to promote the island as a centre for investment. He also added that the group would help communication between the public and private sectors. 

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TheBahamasInvestor.com
Tuesday, March 1, 2011
Tuesday, March 1, 2011

The government has announced it will establish a new Grand Bahama business development board to drive investment to the island and promote its potential.

Addressing the thirteenth annual Grand Bahama Business Outlook last week, Minister of State in the Ministry of Finance Zhivargo Laing said that the new board would be a partnership between the government, the Grand Bahama Port Authority (GBPA) and the Grand Bahama Chamber of Commerce.

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New US terminal at Nassau international airport launches

Lynden Pindling International Airport opens the new, $190-million, state-of-the-art US departure terminal in Nassau, as Phase I of entire airport-wide overhaul comes to a close. The launch comes in tandem with government approval for work to start on the next phases of the redevelopment, which looks to position The Bahamas' premier airport as the best in the region. 

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TheBahamasInvestor.com
Monday, February 28, 2011
Monday, February 28, 2011

The government will not stint in providing its citizens, residents and visitors with infrastructure and services befitting a 21st century Bahamas, with a world-class tourism product and international business centre, according to Prime Minister Hubert Ingraham.

Ingraham made the remarks at the official opening of the Nassau Airport Development Company’s (NAD) new, $190.8-million US departure terminal at the Lynden Pindling International Airport (LPIA) last weekend.

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SkyBahamas Airlines chairman eyes expansion

Despite rising operational costs, airline is set to increase its fleet as it expands the number of routes, with daily flights from Grand Bahama to Florida. Chairman says expansion comes on the back of a 51 per cent year-on-year increase in passenger airlift in 2010. 

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TheBahamasInvestor.com
Friday, February 25, 2011
Friday, February 25, 2011

Local airline and the winner of this year’s Cacique Award for Transportation, SkyBahamas Airlines Ltd, is looking to expand its fleet in tandem with the launch of a new route to Florida, according the airline’s chairman K Peter Turnquest.

The new route from Freeport to Ft. Lauderdale and West Palm, Florida, is likely to run twice a day and will be introduced in Q2 this year, says Turnquest.

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New president shares vision for College of The Bahamas

Newly appointed president of COB, Dr Betsy Vogel Boze, envisions a multi-campus system, with research facilities and teaching centres. “We will work this year to distill our essence, to provide the best advice for our future direction and to define the standards by which we, and others, will measure our success,” she says. 

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TheBahamasInvestor.com
Wednesday, February 23, 2011
Wednesday, February 23, 2011

She’s been in office for only two months, yet Dr Betsy Vogel Boze, The College of The Bahamas’ (COB) fifth president, has already taken up the challenge and started displaying proven leadership and management skills–character traits the college listed as essential in its presidential search.

“I appreciate the trepidation that transition brings. I am not here to change The College of The Bahamas, but to embrace it and to help guide this fine institution to the next level; to nurture it through thoughtful evolution,” says Boze. “A college or university, however old, must continuously reinvent itself; listening, learning and supported anew by students, faculty, staff, alumni and friends. I want to build upon our successes.”

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Ground broken on $3.4 billion Baha Mar project

After several delays and setbacks, all financing and contracts are in place to begin the mega-resort project on New Providence's Cable Beach. The brainchild of Bahamas resident Sarkis Izmirlian, the development is expected to take four years to complete and contribute approximately $1 billion in new spending to the local economy during the first year of operation. Pictured above from left to right: Dikran Izmirlian, Sarkis's father; Li Ruogo, chairman and president, Export-Import Bank of China; Sarkis Izmirlian, Baha Mar chairman and CEO; Brent Symonette, Deputy Prime Minister. Pictured below: at the left sit Sarkis Izmirlian and his wife, Katie. 

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TheBahamasInvestor.com
Monday, February 21, 2011
Monday, February 21, 2011

After years of negotiations, planning, setbacks and controversy, the multi-billion dollar Baha Mar resort on Cable Beach, New Providence, officially broke ground on Monday February 21.

The project estimated to be worth $3.4 billion, is one of the largest private sector development projects ever to be carried out on Bahamian soil and is expected to be completed by 2014. The hotel resort complex will cover 1,000 acres and will house approximately 3,800 hotel rooms, a 100,000 sq ft casino, 18-hole Jack Nicklaus signature golf course, 60,000 sq ft retail village, and a 20-acre beach and pool “experience”.

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