Okyanos Heart Institute will reportedly invest $5 million on equipment and construction to bring the island’s first formidable medical tourism product to life.

The clinic will spend $3 million on equipment, and a further $2 million on construction and other related costs.

Geared towards “last chance” cardiac patients, the procedure involves the extraction of stem cells from body fat.

This is an excerpt from Caribbean News Now! as it appeared on July 4, 2012. For updates or to read the current version of this post in its entirety, please click here.

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Callenders & Co senior associate Llewellyn Boyer-Cartwright, a former commercial jet pilot and the first Bahamian to be admitted to the Lawyer Pilots Bar Association, has outlined a three-step process that he says could pave the way for the establishment of an international aircraft registry in The Bahamas.

Boyer-Cartwright says the initiative would lead to the creation of hundreds of jobs and countless entrepreneurial opportunities.

According to the senior lawyer, the first step is to ratify the Cape Town Treaty (Aircraft Convention).

“Becoming a signatory to the Cape Town Convention builds international confidence in The Bahamas as a serious and competitive aviation jurisdiction by eliminating uncertainty about who has a right to buy, sell, lease or even repossess an aircraft or its engines,” he says.

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Quarterly surveys by Airport Service Quality (ASQ), which is part of Airports Council International, are being conducted at Lynden Pindling International Airport (LPIA).

The surveys, which determine overall satisfaction, as well as degree of satisfaction related to specific airport services and amenities, allow the airport to be benchmarked against other airports in the world of a similar size and comparable passenger traffic. 

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The Sheraton Nassau Beach Resort & Casino on Cable Beach is offering day passes available to cruisers and locals.

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Fred Mitchell, Minister of Foreign Affairs and Immigration will lead a delegation to the 33rd Regular Meeting of the Conference of Heads of Governments of the Caribbean Community (CARICOM) to be held in St. Lucia July 4-6, 2012.

Mitchell will be representing the Prime Minister, Perry Christie.

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The move, to Atlantis on Paradise Island, marks a departure after three years at Rybovich Yacht Club in West Palm Beach, 18 years at Fisher Island in Miami and the rest at Cat Cay in the Bahamas. This year’s event will be from Nov. 8 through Nov. 10.

The ShowBoats International Boys & Girls Club Rendezvous is an annual gathering of large and luxurious mega-yachts and their owners who, through sponsorships and auctions, raise money for the Boys & Girls Clubs of Broward County. Over its 25-year history, the event has generated more than $30 million for the 12 clubs in the Broward area, which serve 12,000 at-risk youths from age 6 to 18.

“We’re excited about the partnership with Atlantis,” event founder Rick Case said of the exclusive resort outside Nassau. “The additional options are endless, from spa retreats to gambling, family-friendly activities, shopping and more.”

Watch a video after the jump.

This is an excerpt from Sun-Sentinal.com as it appeared on July 3, 2012. For updates or to read the current version of this post in its entirety, please click here.

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Captain Sarah Gardener, owner of Fly Girl Fishing Charters based in Florida, says that more women are now getting into sport fishing and that The Bahamas is great place to learn to fish. Watch an interview with Gardener here.

Attracting international business, establishing an arbitration centre, plugging skills gaps and making it easier to do business in The Bahamas, these are the newly created Ministry of Financial Services top priorities, according to the Minister Ryan Pinder.

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Bimini is set out to receive a major boost to its economy as Genting Malaysia will partner with RAV Bahamas to launch Resorts World Bimini Bay, a luxury boutique casino facility at Bimini Bay Resort & Marina on North Bimini island.

Prime Minister Perry Gladstone Christie (left) at the announcement that Resorts World Genting and Rav Bahamas Ltd will partner to create a new luxury boutique for the Bimini Bay Resort and Casino. Sitting opposite are top executives from the two entities. (BIS Photo/Peter Ramsay)

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Organizations were urged last week to be proactive in preventing IT-related crimes.

 “As more and more organizations digitize the information that they have and as the Internet becomes more and more ingrained as the way we do business, [IT-related crime] is going to continue,” said Lawrence Lewis, a partner in Deloitte Bahamas.

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