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News & Press - Oct 22/19

 

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“All of our core business [in The Bahamas] is driven by the international community. An understanding of the international context is absolutely critical,” says BAF chief executive officer. 

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TheBahamasInvestor.com
Tuesday, October 12, 2010
Tuesday, October 12, 2010

Chairman and chief executive officer of BAF Global Group (formerly British American Financial), Chester Cooper is a man with a vision. The hardworking 40 year old took up the top position at the Bahamian insurance provider five years ago with a clear strategy in mind: to make the oldest insurance company in The Bahamas relevant to a whole new generation, keeping its core values intact, while strengthening the brand.

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SMEs and start-ups are facing testing times amid economic slowdown. In an effort to improve the environment, the government is looking to streamline business licence renewal processes and introduce new legislation to foster entrepreneurial ventures. 

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TheBahamasInvestor.com
Thursday, October 7, 2010
Thursday, October 7, 2010

It is often said that the small business sector is the engine of economic growth. A strong entrepreneurial spirit is key to driving innovative businesses, which create jobs in the local community and spur overall growth. In a move to foster such efforts, the government has ramped up initiatives to enhance the local business environment for start-ups.

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Eighteen students begin the College of The Bahamas' inaugural MBA programme. The 19-month course combines course work, research, experiential and team-based learning. 

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TheBahamasInvestor.com
Thursday, October 7, 2010
Thursday, October 7, 2010

Eighteen students, or 75 per cent of those who applied for admissions, were accepted into the first College of The Bahamas (COB) MBA.

“It’s not that we didn’t accept all 24 [applicants]. There were some people who, at the last minute, decided to withdraw their application,” says Dr. Sonya Wisdom, COB’s director of graduate programmes. “There was a person who was accepted and could not join the cohort at the last minute for personal reasons, but we have 18 really good people.”

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The College of The Bahamas’ School of Business has joined with the Inter American Investment Corp (IIC) to carry out a diagnostic methodology for SMEs known as FINPYME. 

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TheBahamasInvestor.com
Thursday, September 30, 2010
Thursday, September 30, 2010

Three assistant professors in The College of The Bahamas’ School of Business have been trained in the Inter American Investment Corp (IIC) diagnostic methodology called FINPYME.

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"The official clothing brand of The Bahamas," 242 People Clothing Co, is looking to expand its apparel line, and branch out internationally, according to young CEO Ranard Eric Henfield. 

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TheBahamasInvestor.com
Thursday, September 30, 2010
Thursday, September 30, 2010

As many fashion retailers downsize or close up shop due to sluggish sales over recent months, 242 People Clothing Co chose this time to launch a new clothing line, and it is paying dividends. The company, which bills itself as “the official clothing brand of The Bahamas,” is seeing a year-on-year increase in sales, remarkable considering it is operating from a country where the vast majority of garments purchased are US-based brands. Even more surprising, the two-year-old clothing company has been turning a profit.

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One of the country's leading lawyers has called for renewed vigor in promoting The Bahamas as a place for investment, saying: "We need to look at our physical assets. That is one thing we do not market enough." 

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TheBahamasInvestor.com
Wednesday, September 22, 2010
Wednesday, September 22, 2010

One of Nassau’s leading lawyers has called for renewed vigor in promoting The Bahamas as a place for investment.

Pamela Klonaris, a senior partner at legal firm Klonaris & Co, believes that more marketing of The Bahamas’ natural resources is key to enhancing the jurisdiction’s international reputation, and put it ahead of competitors in the region.

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Number hits 125 for the first six months of 2010 on the back of the Central Bank's revised policy, which implements key changes to the scope of activities permitted to licence holders. 

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TheBahamasInvestor.com
Wednesday, September 22, 2010
Wednesday, September 22, 2010

The number of nominee trusts licensed in The Bahamas continues to climb, according to recent statistics released by The Central Bank of The Bahamas.

The number of such licensees has more than doubled over recent years, increasing from 56 in 2000 to 113 in 2009.

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Lured by the fantastic fishing grounds and long sportfishing legacy, US entrepreneur and wildlife artist has chosen the Bahamian island of Bimini to be the first location for his brand of resort. 

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TheBahamasInvestor.com
Wednesday, September 8, 2010
Wednesday, September 8, 2010

When the Bimini Big Game Club reopened this summer under the Guy Harvey brand, many were left asking just “who exactly is Guy Harvey?”

A unique blend of artist, scientist, diver, angler, conservationist and explorer, the Germany-born Harvey is a 10th generation Jamaican of English descent.

Growing up, Harvey–who has a doctorate in fisheries management from the University of West Indies–spent many hours fishing and diving with his father along Jamaica’s south coast.

Fascinated by the marine life, he began drawing pictures of the many different fish he observed, and although he has never received any formal art training, he has become a successful commercial wildlife artist.

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The College of The Bahamas is processing applications from candidates, mainly from the financial services sector, to participate in its inaugural 19-month MBA programme beginning in September. 

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TheBahamasInvestor.com
Wednesday, September 8, 2010
Wednesday, September 8, 2010

Just over 20 professionals have applied to be among The College of The Bahamas’ (COB) first group of MBA students in a programme designed to meet the unique needs of the Bahamian economy in a globalized market place.

The return on investment for an MBA is well known, accelerating careers and boosting earning potential, whilst helping to ensure employment and marketability in an ever evolving job market.

“If one is serious about pursuing excellence in business, I believe a degree at the master’s level is critical; a first degree is not enough,” says Franklyn Wilson, chairman of Sunshine Holdings and former college council chairman.

The 24 candidates who have applied to be a part of the new programme come from a wide variety of backgrounds and work experience,?says Dr Sonya Wisdom, director of graduate programmes at the college.

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The Bahamas at a glance

Everything you need to know about the island nation in a concise format, from the population's demographics to the economy. 

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TheBahamasInvestor.com
Wednesday, September 1, 2010
Wednesday, September 1, 2010

The Bahamas at a glance

Location: The 100,000-square-mile (258,998-square-kilometre) archipelago of The Bahamas begins just 50 miles (80km) off Florida’s east coast at the island of Bimini and stretches more than 500 miles (804km) southeast in a chain comprised of some 700 islands and cays in the North Atlantic Ocean. The capital, Nassau, is on New Providence. Freeport/Lucaya on Grand Bahama is the second largest city. Total land mass is estimated at 5,382 sq mi (13,939 sq km), approximately the size of Connecticut.

Time zone: Eastern Standard Time*, same as New York, Boston, Miami and Toronto. At 12 noon in Nassau, it is 5pm in London, 6pm in Geneva, 9:30pm in New Delhi, 1am in Beijing and 2am in Tokyo.

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