The Bahamas Investor

...up of companies lead by chairman Ian Fair and GBPA vice president Henry St George; executives of Hutchinson Port Holdings; the Grand Bahama Shipyard; and V-Trade. The Bahamas was also well represented at the Brasil Investment Summit 2013, which ran April 17-18. With the Bahamas Financial Services Board as the event’s Gold sponsor and chief executive officer and executive director Aliya Allen as chairperson for the first day of the conference, The......

...d an 80-slip mega-yacht marina along the island’s southeastern shore at St George’s Bay. The project could employ up to 400 during its construction in 2008-09, and create about 400 permanent jobs once the resort is complete. Phase I of the project this year has Nassau-based Heavy Marine and Foundations Ltd dredging the 26-acre marina, which could later be expanded to 220 slips. A marina village of luxury shops, dining and other amenities, called P......

...’ve never worked anywhere else,” he says, leaning back in his chair at his George Street office that is lined with books and other trappings of a veteran attorney. “So I guess I’m at least loyal,” he laughs. Moree came close to never becoming part of The Bahamas’ legal and financial services community. The “turning point in my life,” he explains, began after he completed his secondary education at King’s College boarding school in Taunton, England......

...multi-million dollar home, villa or island is not a money-making venture. George Damianos of Damianos Realty says that placing a luxury home in a rental pool simply helps its owners defray the tremendous costs associated with owning and maintaining their property. “Most of these properties keep staff full time, year round to look after the homes as if the owners were there. It’s an expensive endeavour. Renting the house out is a means of justifyi......

...slands is the secluded Four Seasons Resort Great Exuma at Emerald Bay near George Town, which became an instant hit with group travel planners when it opened in 2003. The 183-room hotel has 13,000 sq ft of meeting space, as well as a Greg Norman-designed golf course, set in a lush Bahamian landscape overlooking miles of unspoiled white beach. Harbour Island, off north Eleuthera, is known for its remarkable 3-1?2-mile pink-sand beach, laid-back lif......

...really is something for everybody. That’s the beauty of The Bahamas,” says George Damianos, president of Lyford Cay Properties, Sotheby’s International Group, a luxury real estate specialist. “The variety … it’s so diverse. If someone says, ‘I’ve got teenage kids who want to eat in restaurants and dance in discos,’ well, where else would you put them but Paradise Island? Or if they say, ‘We don’t want to see a McDonald’s or a Kentucky Fried Chicke......

...ting time to be part of the company,” says vice chair of the GBPA Sarah St George. “We are spreading our wings and I want to be a part of that.” Foreign direct investment is what is driving similar optimism on New Providence, as construction of the Chinese-backed, multi-billion dollar Baha Mar mega-resort continues apace ahead of its grand opening next year. In an article in this issue, Baha Mar’s senior vice president of administration and extern......

ST. GEORGE, Utah, May 15, 2013 /PRNewswire/ — Wilson Electronics (www.WilsonElectronics.com), North America’s leading maker of cellular signal boosters, today announced a new marine initiative with the development of a signal booster kit that improves cellular coverage for boaters on inland waterways and for near-shore mariners. Link to hi-res image. The Marine Signal Booster Kit (SKU# 841246) pairs Wilson’s well established AG SOHO 60 signal boo......

A Bahamian sloop in Elizabeth Harbour in George Town. (Click for enlargement/BIS Photo/Derek Smith) The 60th National Family Island Regatta will be held in Elizabeth Harbour, Exuma, April 23-27. Petherina Hanna, general manager of the Exuma Tourism Office, says the regatta is an important contributor to the local economy and the overall tourism product. “This is a boost for the Exuma economy. You have the selling of food and other items from vend......

...– deposit made with the casino to establish a line of credit for a player George – a big tipper juice (or vigorish) – the commission taken on a bet (usually in sports betting) pit – the area reserved for casino employees, around which the tables are arranged pit boss – the supervisor of the pit rack – the container used to carry chips sawdust joint – non-luxury casino (see carpet joint) tapping out – losing everything, so the player has to leave......

...on the house the same year as the United States Constitution was enacted; George Washington was elected President of the United States, and the start of the French Revolution. The legendary Buena Vista Home hosted many famous patrons in the past, including everyone from Robert Mitchum and Bobby Kennedy to Ed Sullivan and Joan Crawford. The Estate made its Hollywood debut when it was featured in the James Bond film Casino Royale starring Daniel Cr......

...appointed, and that will serve this country for many years to come,” said George Casey, president and chief executive officer, Vantage Airport Group, which manages NAD–a Bahamian company owned by the government. Prime Minister Perry Christie said he intends to take the “NAD model” created at the LPIA, and implement it at other airports on the Family Islands. “Under the direction of the Airport Authority, we have embarked upon an ambitious program......

...executive officer Arawak Port Development; Betty Mackey, widow of the late George Mackey; Godfrey “Tippy” Lightbourne; Prime Minister Hubert Ingraham; and James Mosko. (BIS Photo/Peter Ramsay) Although it has been in operation for quite some time, the port facility was officially opened for business May 3 at Arawak Cay. Recently APD offered some 20 per cent of its shares to the public. The founding shareholders were excluded from this offering. Th......

GEORGE TOWN, GRAND CAYMAN, CAYMAN ISLANDS, Mar 15, 2012 (MARKETWIRE via COMTEX) — Consolidated Water Co. Ltd. CWCO +0.13% , which develops and operates seawater desalination plants and water distribution systems in areas of the world where naturally occurring supplies of potable water are scarce or nonexistent, today reported its operating results for the year ended December 31, 2011. The Company will host an investor conference call tomorrow — F......

...foreshore redevelopment. Pictured at back from left are: deputy director, George Hutcheson; quantity surveyor, Larry Bastian; Ed Fields of Kerzner International; and Permanent Secretary Colin Higgs. (BIS Photo/Letisha Henderson) The redevelopment has involved planting vegetation on the beach to help stabilize the sand dunes, constructing groynes and importing tons of sand. Viewing the changes at Montagu are from left: Colin Higgs, Permanent Secre......