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New US Embassy diplomat arrives in The Bahamas

John Dickleman, the new Charge d' Affaires of the United States Embassy in The Bahamas, made official visits this week as he takes up his post in Nassau. Pictured: (from left) Mrs Dickleman, Mr Dickleman, Sir Arthur and Lady Foulkes. (BIS Photo/Derek Smith) 

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TheBahamasInvestor.com
Friday, March 9, 2012
Friday, March 9, 2012

Governor General Sir Arthur Foulkes met with John Dickleman, the new Charge d’ Affaires of the United States Embassy in The Bahamas, during a courtesy call at Government House March 7.

Bahamas fund manager launches new offshore product

The Bahamas-based Sterling Financial Group Inc announced in February the launch of its third offshore mortgage fund, New Providence Income Fund Ltd – a Cayman Islands domiciled and regulated fund. 

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PRNewswire
Thursday, March 8, 2012
Thursday, March 8, 2012

HYATTSVILLE, Md., March 7, 2012 /PRNewswire-iReach/ — “Offering stable return not correlated to traditional equity and bond markets with enhanced protection of investment principal.”

(Photo: http://photos.prnewswire.com/prnh/20120307/CG66353)

Nassau, The Bahamas based Sterling Financial Group Inc, announced February 28 the launch of their third offshore mortgage fund, New Providence Income Fund, Ltd. (“the Fund”), a Cayman Island domiciled and regulated fund. The Fund pursues and expands on the same proven investment strategy as its predecessor funds.  As an open ended offshore fund, it offers its investors greater transparency and flexibility.

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The redevelopment of a beach just east of downtown Nassau is nearing completion with new fences, vegetation and sand. The project is jointly funded by the government and Kerzner International. 

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TheBahamasInvestor.com
Thursday, March 8, 2012
Thursday, March 8, 2012

The redevelopment of the foreshore at Montagu – a joint project of the Bahamas government and Kerzner International – is nearing completion.

Sand fences and vegetation including coconut trees comprise some the new features of the refurbishment of the Montagu foreshore. (BIS Photo/Letisha Henderson)

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Tourism and Aviation Minister Vincent Vanderpool-Wallace was at Lynden Pindling International Airport earlier in the week to welcome the return of Delta Airlines's non-stop service from New York. The flight serves the single most important market for tourism in The Bahamas, according to the Minister. Watch a video here. 

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TheBahamasInvestor.com
Wednesday, March 7, 2012
Wednesday, March 7, 2012


UPDATED:

The Ministry of Agriculture's National Agribusiness Expo took place last week in Nassau and producers from across The Bahamas attended to make business connections and display their products. 

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TheBahamasInvestor.com
Tuesday, March 6, 2012
Tuesday, March 6, 2012

The National Agribusiness Expo took place March 1-3 on New Providence under the theme Progressing Toward Food Security.

“These expos have been a dedicated means of showcasing the product of the hard work, skill and expertise of our farmers, fishers and processors,” said Minister of Agriculture Larry Cartwright. “They also highlight the critical importance of the agriculture and fisheries sectors to the economy of The Bahamas. Expos have served to attract young Bahamians to the sectors and inspire agribusiness entrepreneurship.”

Produce

See a few photos from the event here: …continue >

The government has said that existing legislation will designate 50 per cent of the Bahamas territory as Marine Protected Areas. This coincides with the release of results of a recent survey of coral reefs in The Bahamas, which has revealed their vulnerability to overfishing and climate change. 

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TheBahamasInvestor.com
Tuesday, March 6, 2012
Tuesday, March 6, 2012

The Bahamian government has said that half of the 100,000 square miles of Bahamian territory will be designated as Marine Protected Areas (MPAs) under the auspices of the Bahamas National Trust (BNT) under existing legislation.

The announcement comes after a coral reef research project conducted by the Prince Khaled bin Sultan Living Oceans Foundation in collaboration with Bahamian scientists found that Bahamian coral reefs are threatened with extinction due to overfishing and climate change.

HRH Khaled and Minister Earl Deveaux

HRH Prince Khaled bin Sultan of Saudi Arabia and Bahamas Minister of the Environment Earl Deveaux at a press conference March 3. (BIS Photo/Gena Gibbs)

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Prince Harry tours The Bahamas – photos

Third in line to the British throne, Prince Harry, arrived in The Bahamas on March 3 for a three-day tour of the Commonwealth country. The Prince is visiting the jurisdiction as part of the Queen Elizabeth II's Diamond Jubilee celebrations. See photos of the visit here. 

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TheBahamasInvestor.com
Monday, March 5, 2012
Monday, March 5, 2012

Prince Harry arrives at Odyssey Aviation Bahamas, Lynden Pindling International Airport, March 3, 2012.Prince Harry attends a Service of Morning Prayer at Christ Church Cathedral in Nassau March 4, 2012. …continue >

During an address to the Bahamian people this week, Prince Harry said that The Bahamas held a "special place" in Queen Elizabeth II's heart. The heir to the throne is in The Bahamas as part of a tour to celebrate the Queen's Diamond Jubilee. Watch a video of the address and highlights of the three-day tour here. 

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TheBahamasInvestor.com
Monday, March 5, 2012
Monday, March 5, 2012

Marine artist and entrepreneur Guy Harvey speaks on the necessity of island nations such as The Bahamas to protect their shark populations, for both financial and environmental reasons. Each shark during its lifetime is said to generate around $250,000 for the local economy through shark diving and feeding and other spin-offs. Watch the video here. 

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TheBahamasInvestor.com
Monday, March 5, 2012
Monday, March 5, 2012

Hartman Longley sworn in as Acting Chief Justice

Senior Justice of the Supreme Court, Hartman Longley, was sworn in as Acting Chief Justice at Government House on Tuesday. Pictured: Senior Justice of the Supreme Court, Hartman Longley, left, takes the oath as Acting Chief Justice February 28 at Government House. At right is Governor General Sir Arthur Foulkes. (BIS Photo/Derek Smith) 

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TheBahamasInvestor.com
Friday, March 2, 2012
Friday, March 2, 2012

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