The Bahamas Investor

...asis. Steiner Leisure Limited is a worldwide provider and innovator in the fields of beauty, wellness and education. We are dedicated to maintaining the highest quality standards and continually evolving to include and anticipate new developments within our industry. We aim to maintain and expand our existing diverse portfolio of services, products and brands, as well as to seek out new opportunities to complement our business. Our services includ......

...at we look for such as reservoir and seal rock, and adjacent oil producing fields. We have poured a lot of money into this project already and it looks better and better from a technical point of view.” Funding operations Having obtained the go ahead, the next step is to secure funding. “Having reduced the risk through our research, we are now looking to spread that risk with a partner,” says Potter, an industry veteran with 30 years oil, gas and......

...ervices Board or Bahamas Investment Authority function in their respective fields. Looking to the future To further develop, Fair suggests, the industry has to get young people to start believing that they have a future in the sector. “For the maritime sector to bring maximum benefit to the country it must provide Bahamians, especially the young, with jobs that are satisfying and build into worthwhile careers.” In addition to seafaring careers, th......

...an unparalleled guest experience and thrive professionally in their chosen fields.” Rosewood at Baha Mar’s international apprenticeship programme was organized in conjunction with the Baha Mar Academy, the training and recruitment arm of Baha Mar. International apprenticeship programmes are part of Baha Mar’s investment in and commitment to building a world-class service culture at the resort. “Each of our best-in-class hotel partners brings unpar......

...ed for additional jobs for contractors and Bahamians interested in science fields. PharmaChem president Pietro Stefanutti noted that PharmaChem and Gilead have been collaborating on the project for the past two years and eagerly anticipate unveiling the manufacturing plant, which will play a critical role in providing treatments for life-threatening diseases. “The time has come again to take another step in ensuring that PharmaChem is a viable and......

...ime to practice,” says director of employee programmes at Atlantis Camille Fields. “Given this scenario, we could not be more proud of those individuals who stepped up, deep into their off-season, to participate in this great local event.” Hosted at the Sir Kendall G L Isaacs Gymnasium, the basketball tourney was part of what the BBF says is an aggressive agenda to promote basketball in The Bahamas, while also allowing student athletes an opportun......

...rimarily industrial, this is of paramount importance. In fact, Grand Bahama has an opportunity to develop a large pool of experts in very specialized fields, particularly in the maritime industry and the industrial sector.”......

...gion’s key innovators, industry leaders and prominent policy makers in the fields of renewable energy, green technology and sustainability. The conference included key note addresses and panel sessions from over 60 speakers, including Prime Minister Ingraham, US Ambassador to the Bahamas Nicole Avant, and executive vice president of the Bahamas Hotel Association Frank Comito, as well as government representatives and dignitaries from around the Ca......

...the bank dispersed $280m across the region to fund initiatives in various fields including energy, education, climate resilience and disaster recovery. In December, The Bahamas received $14.5m for a project to convert streetlights into energy-efficient LED lighting. The initiative is expected to save the government around $3m a year and is part of The Bahamas’ 2018-2022 country strategy. This involves a $106m programme of assistance which will se......

...stunning ocean and beach views. A golf course, tennis courts and sporting fields will be built on the land between the harbour and the Atlantic ridge. Several distinct areas allow for a diverse use of architectural styles, with the harbour area featuring traditional Bahamian design influences with modern twists and the Atlantic side boasting a cutting-edge modern look. A total of 515 residences are planned, comprising 500 condominiums and 15 spac......

...aft A swimming complex with an Olympic size pool and wading pools Athletic fields including a cricket pitch, a soccer field, and a ball field with a running track will also serve the local community Port St. George will be accessible by both commercial and private aircraft via Stella Maris International Airport, which has port of entry status and is five minutes from the development. In a comprehensive market analysis by Ragatz Associates, renowne......

...fforts to revitalize the Grand Bahama economy through diversification into fields such as technology and the maritime industry, as well as rebooting the tourism offering. In the piece, president of the Grand Bahama Chamber of Commerce Micheal Holding points out that many of the established ventures on the island, such as The Grand Bahama Shipyard and PharmaChem Technologies, are continuing to grow and invest in Freeport. “Whilst there is still muc......

...gh innovative local companies are making significant headway in niche tech fields such as cloud computing and app development, in the main, technology is still in its nascent stage in The Bahamas. Realizing the potential for growth in this field, efforts have been made to develop the industry and encourage investment in new IT initiatives. A recent tech summit held on Grand Bahama attracted speakers and delegates from such tech giants as Google an......

...ruck with CTFE–a Hong Kong-based conglomerate with investment interests in fields as diverse as transportation, jewellery retail, global hospitality and mixed-use development. Most importantly, it has an established network within luxury hospitality operation through its subsidiary Rosewood Hotel Group, which manages 55 hotels in 18 countries under three different brands. On December 12 last year, CTFE signed an agreement to purchase and operate t......

...ng for 79 Cuban specialists to teach in 25 government senior and junior high schools for a period of two to four years. Over time, hundreds of Bahamian students have graduated and continue to study at Cuban institutions in the fields of medicine, economics and engineering. To date, more than 400 Bahamians have benefited from the Operation Miracle eye programme, enabling those with eye impairments to receive medical assistance from Cuba free of cha......