The Bahamas Investor

...” Heading a slate of eight presenters will be Minister for Grand Bahama Dr Michael Darville and Minister of Tourism Obie Wilchcombe. “We have chosen our speakers for GBO ‘14 with great deliberation in what we are counting on being the pivotal year in the reawakening of our northernmost island,” said Joan Albury, president of TCL Group, which organizes Grand Bahama Outlook and the five other forums in the Outlook series of conferences. “Among them......

...any (BORCO) on Grand Bahama, has contracted local firm Quality Services Ltd to construct two large manifolds for one of its plants in Perth Amboy, New Jersey, in the US. Management from Quality Services and BORCO met with the Minister for Grand Bahama Michael Darville, March 8, to discuss the multi-million dollar deal. Quality Services has carried out a number refurbishments to BORCO facility over the years. This is the first time that a local fir......

...s Maritime Authority (BMA) ; John Akhurst, deputy director of the BMA; and Michael Guy, second secretary and alternate permanent representative to the IMO. The High Commissioner and the secretary general shared views on pressing issues facing the IMO, including management reform, piracy, greenhouse gas emissions from ships and ballast water management. The Bahamas has the world’s fourth largest shipping registry, with over 1,600 ships, consisting......

...fiscal practices [and] always plan and budget for bad times.” According to Michael Braynen, the director of marine resources in the Department of Marine Resources, there has been a gradual decline in crawfish exports weight and value since 2003. He posits that numbers are low for multiple reasons. “One major factor is the decline in value per pound being experienced worldwide and coinciding with the timing of the global economic recession,” explai......

...enewable energy is too expensive to develop industrially in the Caribbean. Michael Murphy, vice president of renewable energy services for HDR Engineering Inc, explains that uncertainty in regulatory and new technologies is a road block to attracting investments for development. “The biggest challenge is the uncertainty,” he says. “ We need to reduce that to attract investors and capital–these points are not unique to the Caribbean area.” Nonethel......

...e of great sportfishing to be had and through his friendship with retailer Michael Lerner, novelist Ernest Hemingway first set sail for Bimini in 1935–where he drank, boxed, and wrote his way through fishing seasons, travelling back and forth between his home in Key West and his beloved Bahamas. In the novel Islands in the Stream, published after his death in 1961, Hemingway immortalizes Bimini and the Compleat Angler hotel, where he stayed. Accor......

...ean, summer associate intern; Brittany Brownrigg, summer associate intern; Meera Gulati, summer associate intern; Katherine Beneby, summer associate intern; Moses Pierre-Paul, summer associate intern; Stacie Thompson, summer associate intern; Michael Rodgers, summer associate intern; Anne Williams, vice president, Workforce Planning & Development; Delia Ferguson, summer associate intern; Donovan Harding, summer associate intern; Lashanta Smith, Ba......

...ience and Technology Minister Jerome Fitzgerald, Minister for Grand Bahama Michael Darville and chairman of the College of The Bahama Alfred Sears September 18 held talks with senior officials from the Grand Bahama Port Authority (GBPA) on the way forward for the College of The Bahamas‘ Northern Campus, and how the Ministry and the GBPA could strengthen collaboration efforts, and improve COB’s campus facilities in East Grand Bahama. Fitzgerald des......

...ahamas,” says local businessman and president of Abaco Chamber of Commerce Michael Albury. And history proves him right. In 1973, while the rest of The Bahamas was gearing up for independence, there was vehement opposition in Abaco—the only island to seriously consider breaking away and retaining its status as a British colony. Anti-independence fervour died down, however, and today Abaco is one of the most popular and thriving Family Islands in T......

...irely new thrust to the Bahamian economy, says prominent Bahamian attorney Michael Scott. He reveals what elements are necessary to transform The Bahamas into the premier trans-shipment centre for the Americas, and ultimately the Singapore or Hong Kong of the western hemisphere. • In its 170-year history, the Judicial Committee of the Privy Council had never ventured outside of London until they chose Nassau for a five-day sitting in December of l......

...tment Corp (IIC) diagnostic methodology called FINPYME. Bernadette Robins, Michael Rolle and Jose Velasquez can now deliver a 60-hour long detailed evaluation of each SME selected for the diagnostic and the economic environment in which it is operating. To qualify, the SME must have been operating for at least three years, preferably have independently audited financial statements, annual sales of at least $150,000 and operate, or be willing to op......

...“It will be great to start our season in Paradise,” said LPGA Commissioner Michael Whan. “Playing in The Bahamas in an East Coast time zone will be a great way for our fans to watch our season-opening event live on Golf Channel.” The move takes the tournament from late May to late January in advance of the Tour’s traditional February Asia-Pacific swing. In 2013, Ilhee Lee became a Rolex First-Time Winner with her victory at the inaugural Pure Silk......

...Ministry of Health August 27. (BIS Photo/Patrick Hanna) The Honorary Consul of Italy to The Bahamas, Emanuele Gariboldi, makes a courtesy call at the Ministry for Grand Bahama. Pictured from left: Michael Darville, Minister for Grand Bahama; Honorary Consul Gariboldi; and Melvin Seymour, permanent secretary, Ministry for Grand Bahama. (BIS Photo/Vandyke Hepburn)......

Havard Business School professor and competitive strategy expert Michael Porter said that innovation is the central issue in economic prosperity. This is no truer than in the world of international finance, where competition is fierce and the pressures of compliance are stronger now than they have ever been. Jurisdictions have been forced to think creatively and be proactive to remain competitive. With a raft of legislation enacted at the start o......

...Olympic gold medal winning 4x400m men’s relay team Michael Mathieu, Chris Brown, Demetrius Pinder and Ramon Miller returned home to The Bahamas last week and met with their team sponsor, Bank of The Bahamas. Watch a video of their triumphant return here.......