Odyssey Aviation Bahamas began offering handling services on November 14, 2011, at two new Bahamian locations–Governor’s Harbour Airport and Rock Sound Airport–both in Eleuthera.

Odyssey’s expansion of handling services on the island of Eleuthera coincides with the increased volume of traffic during the vacation season.

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THE HON. EARL D. DEVEAUX, M.P. MINISTER OF THE ENVIRONMENT – Good morning: It is a pleasure to have you here in The Bahamas at the Paul Farquharson Conference Centre. We are grateful to IMO and to all of you coming and sharing your knowledge, concerns, hopes and aspirations. The Deepwater Horizon Oil Spill in the Gulf of Mexico on April 20, 2011 exposed the vulnerability of The Bahamas and illuminated the fact that our country’s Legislative and Regulatory framework required comprehensive review.

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This is an excerpt from The Eleutheran as it appeared on December 8, 2011. For updates or to read the current version of this post in its entirety, please click here.

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Ladies and Gentlemen:
We have reached an important milestone in a 14 year voyage during which my Government was motivated by one thing: To bring to consumers in The Bahamas the best of what is available in telecommunications globally, to ensure that those services are reliable and accessible at affordable prices throughout our country.

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Bahamas Telecommunications Company Ltd (BTC) officially launched its 4G network and new flagship store on Monday.

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In his first official interview with the Bahamian media on Monday, Scotiabank (Bahamas) Ltd Kevin Teslyk talked about the bank’s vision for the future and its strategy in the current economic environment.

“We’ve got a very strong trust operation here in The Bahamas. That is a global operation,”?said Teslyk, who arrived in the jurisdiction in June.

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Scotiabank (Bahamas) Ltd will be opening a new $1-million branch next year, its new managing director, Canadian Kevin Teslyk (pictured), announced Monday.

The new Carmichael location will be the bank’s 23rd branch nation-wide. It is expected to have a staff complement of 10. Presently, the financial institution employs 700-plus workers across The Bahamas and has 57 ATMs.

“Carmichael is one of the fastest growing, if not the fastest growing residential community in The Bahamas,”?said Teslyk.

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Cruise enthusiasts say “it’s better in the Bahamas” and the Caribbean for that matter.

It doesn’t seem to matter how many times they’ve been there, done that, many people can’t resist returning to the stunningly blue clear waters and wasting away on those white sand beaches.

The allures are many: Swimming with the dolphins and parasailing; endless duty-free shopping in St. Thomas and Nassau; and the “nude” beaches of French St. Martin and the less-brash Dutch half of the island, St. Maarten.

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This is an excerpt from The Toronto Sun as it appeared on December 6, 2011. For updates or to read the current version of this post in its entirety, please click here.

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A leading real estate agent has praised the government’s newly introduced fast track residency system, predicting that it will boost the real estate market and make The Bahamas a more attractive destination for foreign investors.

Under the new “accelerated consideration” policy, which was announced by Prime Minister Hubert Ingraham in April 2011, the government committed to reviewing economic permanent residence applications from those buying property worth at least $1.5 million within 21 days of receipt of the application.

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MIAMI, Fla. – The Bahamas Agricultural and Industrial Corporation (BAIC) has been seeking out opportunities for Bahamians in food processing and horticulture through important contacts in Florida.

Executive chairman Edison Key described as “very fruitful” a four-day fact-finding mission he and BAIC heads of department undertook to South Florida last month.

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Dec. 4/11 (By Yasmin Popescu) – In a press statement late Friday afternoon, management of the Bahamas Oil Refining Company International Limited (BORCO) announced some re-organization to its structure.

Management said that this was done to meet the needs of the changing market the company has found itself in.

This process evaluated each level of the organization and affected various positions and employees, the statement read, adding that the affected employees received retirement and severance packages in accordance with the Labor Laws of the Bahamas and company policy.

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This is an excerpt from The Freeport News as it appeared on December 5, 2011. For updates or to read the current version of this post in its entirety, please click here.

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