Bahamas Telecommunications Co launched its next generation network this week. The upgrades in technology, due to be completed by March next year, are cutting-edge according to Benjamin Smith, manager of fixed design network at BTC.
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The Bacardi outlet is set to reopen on Bay Street in Nassau in March next year, according to president Juan Bacardi. Watch a ZNS Network news report here.
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Shipowners attending the annual general meeting of the Bahamas Shipowners Association (BSA) in London today were given the opportunity to learn about the benefits of The Bahamas for their captive insurance needs.

The “Why The Bahamas” for captive insurance presentation is part of the Bahamas Financial Services Board’s (BFSB) ongoing outreach to grow the captive sector.

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Pictured: Dr Michael Darville (left) extends a warm welcome to Mohamed Bin Abdulla Al-Rumaihi (right), Ambassador of Qatar and Special Envoy to The Bahamas. Also pictured centre is Fahad Ali Al-Nuaimi, third secretary, Embassy of the State of Qatar. (BIS Photo/Vandyke Hepburn)

FREEPORT, GRAND BAHAMA – Minister for Grand Bahama Dr Michael Darville officially welcomed Mohamed Bin Abdulla Al-Rumaihi, Ambassador of Qatar as Special Envoy to The Bahamas, November 21, 2013.

Ambassador Al-Rumaihi paid a courtesy call on Minister Darville at his office in the Harold DeGregory Complex.

In welcoming the Special Envoy, the Minister pointed out that his visit comes on the heels of a signing ceremony in August, where The Bahamas formally established diplomatic relations with Qatar at its Embassy in Washington, DC.

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A Corporate Strategies for Leadership and Talent Development Forum is set to be held December 5 at the British Colonial Hilton.

The forum is part of a national initiative convened by the Bahamas Hotel & Tourism Association (BHTA) in collaboration with public and private sector stakeholders.

“The quality of our people at all levels and in all sectors must be our competitive advantage,” says BHTA president Stuart Bowe.

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MIAMI, FL Nov 18, 2013–(Marketwired) – With the Bahamas feeling the ripple effect of the global real estate market, developer Shaner Bahamas has finalized its international sales program for Eleutheran property, French Leave Harbour Village, to drive sales in one of the most active markets for second-home buyers. Prestigious real estate brokerage 7th Heaven Properties from London has been added to the team and will lead sales initiatives in the United Kingdom and Europe.

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Minister of National Security Dr Bernard Nottage on Monday officially welcomed delegates attending the Caribbean Financial Action Task Force (CFATF) XXXVIII Plenary Meeting being held at the Grand Lucayan Resort on Grand Bahama this week.

Nottage is the acting Minister for Tourism, and was filling in for Tourism Minister Obie Wilchcombe, who is currently out of the country.

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The government is progressing with plans to drastically reform the country’s energy sector, hoping to encourage industry investment, reduce costs and increase capacity.

Assisted by an advisory team consisting of accounting firm KPMG, technical experts DNV KEMA and legal council Hogan Lovells, the government is currently considering proposals from energy companies and has narrowed down the selection to six final bidders.

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