Turnpage

Please visit our sponsors

RSS Feed
 

News & Press - Aug 20/19

 

Advertisement

The Bahamas Investor

News & Press Archives

 
The Bahamas Investor on facebookFollow The Bahamas Investor on TwitterSubscribe to RSS feeds from The Bahamas Investor

Caribbean Institute of Certified Management Consultants brings a wealth of knowledge and expertise to The Bahamas with the launch of its latest chapter. The initiative is being supported by Scotiabank, Inter-American Development Bank and the Caribbean Export Development Agency. 

Source:
Date:
Updated:
TheBahamasInvestor.com
Friday, September 30, 2011
Friday, September 30, 2011

Caribbean Institute of Certified Management ConsultantsBusinesses in The Bahamas will be able to draw on a pool of highly trained experts for guidance on improving their productivity, following last week’s launch of the Bahamian chapter of the Caribbean Institute of Certified Management Consultants (CICMC).

“Having a chapter like this allows for knowledge to be available more widely,” said Astrid Wynter, local representative for the Inter-American Development Bank (IDB) at the launch of the new branch held at the Sheraton, Cable Beach, on Friday last week.

“[The IDB is] a bank of knowledge, and management consultants are the bedrock for generating a lot of the practical knowledge to advance objectives in our member countries,” she continued.

The branch, which is seeking full chapter status by end of the second quarter 2012, is being sponsored by Scotiabank Bahamas and supported by the IDB and the Caribbean Export Development Agency (CEDA). One of its primary objectives will be to support small and medium size enterprises (SMEs).

…continue >

BFSB to rebrand financial services sector

Outgoing Bahamas Financial Services Board CEO Wendy Warren outlined plans to rebrand financial services at the organization's AGM yesterday. Warren also said that there was no room for complacency in an ever changing economic and regulatory environment. 

Source:
Date:
Updated:
TheBahamasInvestor.com
Thursday, September 29, 2011
Thursday, September 29, 2011

The Bahamas Financial Services Board (BFSB) is ready to roll out its new sector rebranding campaign within the next few months, according to outgoing chief executive officer Wendy Warren.

The new brand, which carries the slogan The Bahamas Advantage, includes a website set to go online in November and a Brand Ambassador Programme, which invites professionals from the industry to become the faces of the campaign and promote The Bahamas’ strongest selling points such as location, infrastructure, legislation and lifestyle.

“The key message [of The Bahamas Advantage] is that The Bahamas is the most experienced and well positioned jurisdiction for wealth and asset management in the Caribbean,” Warren told BFSB members at the group’s annual general meeting held yesterday at the British Colonial Hilton, Nassau.

…continue >

Cable & Wireless CEO meets with PM

Cable and Wireless Communications (CWC) chief executive officer, Geoff Houston, has met with the Bahamian Prime Minister during a visit this week. CWC has recently bought a controlling stake in Bahamas Telecommunications Company. Photo: Prime Minister Hubert Ingraham (right) greets Cable and Wireless chief executive officer, Geoff Houston, during a courtesy call to the Office of the Prime Minister, Cable Beach on September 28. (BIS Photo/Peter L. Ramsay) 

Source:
Date:
Updated:
TheBahamasInvestor.com
Thursday, September 29, 2011
Thursday, September 29, 2011

Prime Minister Hubert Ingraham met with Cable and Wireless Communications (CWC) chief executive officer, Geoff Houston, during a courtesy call to the Office of the Prime Minister, Cable Beach, on September 28.

CWC acquired a 51 per cent controlling stake in the previously state-owned Bahamas Telecommunications Company (BTC) in April this year.

The shares were purchased at a cost of $210 million.

Prime Minister Hubert Ingraham, in his capacity as chairman of the World Bank group and the International Monetary Fund (IMF), addressed the opening of the 2011 World Bank/IMF Annual Meetings in Washington, DC, last week. Watch the video of his address below. 

Source:
Date:
Updated:
TheBahamasInvestor.com
Tuesday, September 27, 2011
Tuesday, September 27, 2011

PM Ingraham addresses World Bank Group and IMF meeting - videoPrime Minister Hubert Ingraham, in his capacity as chairman of the World Bank group and the International Monetary Fund (IMF), addressed the opening of the 2011 World Bank/IMF Annual Meetings in Washington, DC, last week.

The Bahamian Prime Minister said that the current economic environment presented significant challenges for the international community.

…continue >

Itaú chief touts benefits of SMART Funds for Brazilians

William Heuseler, chief wealth planning officer of Itaú Private Bank International, has written a whitepaper extolling the benefits of offshore fund structures for Brazilian clients. Heuseler will be speaking on the topic at the upcoming Latin Family Office Forum in Miami in November. 

Source:
Date:
Updated:
TheBahamasInvestor.com
Tuesday, September 27, 2011
Tuesday, September 27, 2011

In his whitepaper on the benefits of offshore fund structures, in particular Bahamian SMART funds, for Brazilian clients, William Heuseler, chief wealth planning officer of Itaú Private Bank International, argues that currently many Brazilian wealthy families are facing a lack of alignment of individual and collective needs, which in turn creates tension.

Heuseler’s whitepaper explores the benefits of offshore fund structures, in particular SMART Funds in The Bahamas, as a sophisticated, low cost and flexible wealth planning tool for Brazilian families.

The whitepaper covers:
The Brazilian tax system and foreign exchange system related to funds held abroad
Specific Mandate Alternative Regulatory Test (SMART) funds and Brazilians
Obstacles faced by the Brazilian hedge funds industry.

Heuseler will be participating in a panel session at the Latin Family Office Forum 2011 on managing assets and funds across multiple jurisdictions to be held in Miami, November 15-17.

Download the whitepaper here.

Prestigious private bank is the latest to join the list of sponsors for the racing event. Running November 30 to December 4, Speed Week aims to reignite Nassau's passion for vintage racing cars. 

Source:
Date:
Updated:
TheBahamasInvestor.com
Monday, September 26, 2011
Monday, September 26, 2011

Bahamas Speed Week Revival The Nassau branch of one of the world’s top financial institutions, Pictet Bank, has become the latest sponsor of Bahamas Speed Week Revival.

Pictet Bahamas will sponsor the event’s gala banquet and Auction of Promises–the proceeds of which will go to local charities.

“We are very proud to be an integral part of Bahamas Speed Week Revival,” said Pictet Bahamas managing director Yves Lourdin. “This series promises to bring a contemporary touch to the glamour and excitement reminiscent of days gone by and its charitable component holds great appeal to us as an international leader in private wealth and institutional asset management.”

Running from November 30 to December 4, the Nassau Speed Week will include a hillclimb around Fort Charlotte, mini-races at Arawak Cay and a charity gala dinner with event patron Sir Stirling Moss. There will also be an opportunity for visitors to view the cars when they go on display in Rawson Square.

…continue >

The offshore jurisdiction signed a tax information exchange agreement (TIEA) with South Africa last week. The agreement brings the total number of TIEAS signed by The Bahamas to 28. 

Source:
Date:
Updated:
TheBahamasInvestor.com
Friday, September 23, 2011
Friday, September 23, 2011

The Bahamas continues to accentuate its commitment to international tax compliance by concluding its twenty-eighth tax information exchange agreement (TIEA).

The agreement between the government of The Commonwealth of The Bahamas and the government of the Republic of South Africa for the exchange of information relating to tax matters was signed on September 14, 2011.

The Bahamas currently has TIEAs with: Argentina, Aruba, Australia, Belgium, Canada, China, Denmark, Faroe Islands, Finland, France, Germany, Great Britain and Northern Ireland, Greenland, Guernsey, Iceland, India, Japan, Korea, Mexico, Monaco, New Zealand, Norway, San Marino, South Africa, Spain, Sweden, The Netherlands, and the US.

To download a PDF of the TIEA click here.

Commonwealth Ministers of Finance meet in Washington

Finance Ministers from the Commonwealth nations met in the US Capitol yesterday to discuss greater economic integration with the world's most powerful countries. The meeting took place during the Annual Meetings of the World Bank Group and the International Monetary Fund. Pictured is The Bahamas delegation in Washington DC September 21, 2011. 

Source:
Date:
Updated:
TheBahamasInvestor.com
Thursday, September 22, 2011
Thursday, September 22, 2011

State Minister for Finance Zhivargo Laing led The Bahamas’ delegation at the Commonwealth Finance Ministers Meeting in Washington DC this week. The meeting took place yesterday at the International Monetary Fund (IMF) headquarters in the US Capitol.

Also travelling with Minister Laing were Fiscal Advisor in the Ministry of Finance Robert Henry, Financial Secretary Ehurd Cunningham, and Simon Wilson, from the Ministry of Finance.

…continue >

Environment Minister addresses Abaco Business Outlook

Environment Minister Earl Deveaux underscored government efforts to minimize the impact of the recession at the Abaco Business Outlook conference. Download a PDF of his entire speech here. 

Source:
Date:
Updated:
TheBahamasInvestor.com
Wednesday, September 21, 2011
Wednesday, September 21, 2011

Addressing attendees at the annual Abaco Business Outlook conference today, Environment Minister Earl Deveaux highlighted government efforts to minimize the impact of the recession through infrastructure and telecommunications initiatives.

The Minister said the infrastructure projects and advances in technology increased The Bahamas’ attractiveness to investors, bolstering capital inflow and creating employment.

To read the entire speech, download the PDF here.

The Bahamas to welcome new Disney superliner – video

Set to make debut cruise to Caribbean destinations in March next year, the latest edition to the Disney fleet is the biggest yet. Watch a short time-lapse video of the liner's construction below. 

Source:
Date:
Updated:
TheBahamasInvestor.com
Wednesday, September 21, 2011
Wednesday, September 21, 2011

Disney Cruise Line will soon be bringing another huge liner to The Bahamas when it launches its latest cruise ship – the 130,000 tonne Disney Fantasy.

…continue >

Older Posts >

< Newer Posts

The Bahamas Investor
Administrative Links
  


  © 2019 ETIENNE DUPUCH JR PUBLICATIONS LTD