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Echoing English novelist Charles Dickens, former attorney General Tennyson Wells admitted that these are the best and worst of times “depending on where one sat.” 

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TheBahamasInvestor.com
Thursday, October 28, 2010
Thursday, October 28, 2010

Business leaders and entrepreneurs were told how they could “Survive and Thrive in 2010 and Beyond” during the second annual conference hosted by Visionaire Marketing.

“History has shown that some of the world’s most famous businesses, such as Microsoft, General Electric, Fortune Magazine and FedEx, were started during recessions, and if they made it, so can we,” said event organizer, Anastacia Stubbs in welcoming attendees to the all-day event held at the British Colonial Hilton. She encouraged business owners to reposition their organizations in order to ascend to the “next level.”

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Companies help Customs Department iron out the kinks in the new online, automated customs system. To date, six shipping companies and two brokers are using the file transfer method. Three companies are utilizing the custom’s website. 

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TheBahamasInvestor.com
Thursday, October 21, 2010
Thursday, October 21, 2010

A few select businesses are helping a government department iron out any kinks in a new, automated system before its official launch in the next few weeks. The Bahamas Customs Department, which is charged with collecting close to 70 per cent of the government’s revenue, has reevaluated and upgraded its methods of tax collection.

The new system will allow customs brokers, shipping and airline companies, and other importers, to submit customs declarations online via the department’s web site, or through a file transfer. The latter is for those companies with an existing computerized system for data entry so that they can simply transfer those files to customs electronically. The web site helps to create a form for those without an automated system.

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PM calls for more sustainability at renewable energy forum

In his address the prime minister said that The Bahamas, in particular, faces a number of environmental challenges, primarily the threat from global warming–noting that a 2m rise in sea level would submerge 80 per cent of the nation’s landmass. 

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TheBahamasInvestor.com
Thursday, October 21, 2010
Thursday, October 21, 2010

Adding his voice to a growing number of environmentalists and conservationists in the region, Prime Minister Hubert Ingraham has said that the “importance of achieving a sustainable energy future is critical” for the Caribbean.

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The local economy continues to show signs of improvement, according to a newly released economic report. 

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

The local economy continues to show signs of improvement, according to a newly released economic report.

The Central Bank of The Bahamas’ Monthly Economic and Financial Developments (MEFD) Report released October 6, is based on data from the month of August. It indicates that the country’s number one industry, tourism, showed a modest upturn bolstered by a rebound in the “high value-added” air travel market.

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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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