The Bahamas Investor

...there is a pent up demand of people who want a second home,”?said Bassel. Michael Lorenz, vice president of sales and marketing for the luxury hospitality Viceroy Hotel Group, echoed Bassel’s remarks. Viceroy is a hotel management company composed of three distinct international collections–Viceroy, the Tides and Urban Retreats–in some of the world’s most sought after destinations. “It’s becoming easier now to sell more, because the [glut in] sup......

...ner Port’s holding company, Arawak Port Development (APD) chief executive, Michael Maura Jr, said the company’s annual revenues could fluctuate between $25 and 27 million over the next three years. Mr Maura said the Government, in the Memorandum of Understanding (MoU) signed with the 19 private sector shipping industry companies, had sought to strike a balance between investor returns and minimising shipping costs and associated tariffs for the Ba......

Chief Justice Sir Michael Barnett has announced that Justice Indra Charles was sworn in as a Justice of the Supreme Court by Governor-General Sir Arthur Foulkes at Government House on January 6, 2012. Justice Charles served as a Justice of the High Court of the Eastern Caribbean Supreme Court since January, 2000. She served as a resident Justice in the British Virgin Islands from January 1, 2005, until her retirement from that court in December 2......

...se, we are getting a worse and worse situation.” Attendees also heard from Michael Lightbourn, owner of Coldwell banker Lightbourn Realty, who enthused about the benefits of relocating to The Bahamas in his welcome address. Branded “the free market alternative to Davos”, the Global Financial Summit runs until February 4 and will hear from speakers such as Wall Steet Journal writer Steve Moore, managing director of The Global Advisory Group and Fox......

...ould like to acknowledge the presence of the Honourable Chief Justice, Sir Michael Barnett; the President of the Court of Appeal, the Honourable Madam Justice Anita Allen; the Honorable Attorney-General, Senator Allyson Maynard-Gibson, and the Minister of State for Legal Affairs, Damien Gomez MP; and the other distinguished guests gathered here this afternoon. I would also like to extend greetings to the Chairperson of the Bar Council and Presiden......

...well for his term in office. Sekimizu was elected secretary-general of the organization by the 106th session of the IMO Council in June 2011, for an initial four-year period beginning January 1, 2012. Left to right: Michael Guy, second secretary and vice consul; high commissioner Farquharson; Koji Sekimizu, secretary-general of the IMO; and Davy Rolle, director and CEO, Bahamas Maritime Authority. (Photo courtesy of BIS)......

...isha McPhee, music direction from American Idol’s associate music director Michael Orland and style tips from celebrity stylist Miles Siggins. The workshop, facilitated by music journalist Fred Bronson, will include a finale performance in the Atlantis Theater featuring all camp participants. After auditioning for the mentors, one singer will be named the winner and will receive a prize package. At Cartoon Network Studios Fantasy Camp, aspiring ca......

...FREDERICK A. MITCHELL MINISTER OF FOREIGN AFFAIRS and IMMIGRATION HON. DR. MICHAEL DARVILLE MINISTER FOR GRAND BAHAMA HON. V. ALFRED GRAY MINISTER OF AGRICULTURE, MARINE RESOURCES AND LOCAL GOVERNMENT HON. DR. PERRY GOMEZ MINISTER OF HEALTH HON. SHANE GIBSON MINISTER OF LABOUR AND NATIONAL INSURANCE HON. KENDRED DORSETT MINISTER OF THE ENVIRONMENT AND HOUSING HON. GLENYS HANNA MARTIN MINISTER OF TRANSPORT AND AVIATION HON. DANIEL JOHNSON MINISTER......

...for the extension of duty-free concessions to east and west Grand Bahama. Michael Darville has been named Minister for Grand Bahama. “The Minister for Grand Bahama will engage in wide-ranging discussions with the various stakeholders in Grand Bahama, as well as with other government ministries to advance our priority of restoring the economy of Grand Bahama.” “This will entail an evolving process as we go forward and the ministry’s organization a......

...Bahamas cuisine is known throughout the world and the Bahamas Culinary Association is striving to continue to enhance the range and quality of cooking in the jurisdiction. Watch an interview with the Bahamas Culinary Association president Michael Adderley here.......

...ams, administrator, City of Freeport District; Capt. Todd Lutes, 7th Coast Guard district chief of incident management branch; Paul Culver, Black Swan Exercise director; and Michael McGarry, senior vice president, Public Affairs Cruise Lines International Association. (BIS Photo/Vandyke Hepburn)......

...urrently being considered. International deputy commissioner with the IRS, Michael Danilack (pictured, right), said that the US government was in the final stages of launching the electronic portal through which FFIs will be able to register and submit information. He said that the web portal would be accessible from July this year and would be available on the IRS’ website. FFIs will be able to log on, fill in their details and obtain a Global In......

...rt of the boom. “China is now a well-educated and ambitious society,” says Michael Scott, partner in the Sino-Bahamian financial services company Malins Scott Li. “It is an increasingly affluent and sophisticated society where millionaires and billionaires are created every day.” The BFSB is not blind to the opportunities. “We have scheduled a trip to the Far East,” says Warren. “However, it takes a lot to do such a trip and we have to be sure tha......

...els in our crown is important to us. We go where people want to fly,” says Michael Pewther, senior director of sales at Spirit Airlines. “Geographically, The Bahamas is very close to the US, so it is easy for fast trips, for people who just want two or three nights somewhere.” Spirit has been flying visitors into The Bahamas since it first began trading, under the name Charter One, in 1980. At that time the company, which was based in Detroit, off......

...(Organization of Eastern Caribbean States) member states,” said ambassador Michael Barfod, head of delegation to Barbados and the Eastern Caribbean for the European Union, at the cheque hand-over ceremony. The 10th EDF Services Sector programme will address issues challenging CARIFORUM states specifically through: the development of a policy and regulatory framework to support the CARIFORUM services sector; building capacity of national and region......