The Bahamas Investor

...um held last year by the Bahamas Financial Services Board (BFSB), Minister of State for Finance Zhivargo Laing commented that the government is developing a comprehensive international trade and tax policy, and is seeking full industry input on TIEAs. He explained that the jurisdiction was receiving numerous requests from nations across the globe to enter into TIEAs with them. “While there is mounting pressure in this regard, the government is det......

...is to have the best. In this regard, we are proud to be on the White Lists of all of the world’s Port State Control regimes.” The Prime Minister went on to underscore the importance Grand Bahama plays in the sector, as a home to Hutchison Whampoa’s Freeport Harbour and Container Port, which “serves as a major container transshipment hub for the eastern seaboard of the US and as the principal east-west line-haul route through the region.” “Freeport......

...of The Bahamas accession working party in Geneva September 2010, Minister of State in the Ministry of Finance Zhivargo Laing noted that WTO accession was an “important component” in the government’s programme of national economic development. The government, he said, looked forward to concluding its negotiations on WTO accession “in an orderly and timely manner.” At the meeting, which marked the beginning of the “active”?phase of the accession pr......

...ator and in the Cabinet of The Commonwealth of The Bahamas as the Minister of State in the Ministry of Finance 2002-2007. He served as the country’s Ambassador for Trade in the Office of the Prime Minister for five years up to April, 2002. Between 1987 and 1997, he served as governor of The Central Bank of The Bahamas. Educated in Canada at the University of Alberta, University of Windsor and Ryerson University, Smith obtained bachelor’s and maste......

...ormer governor of The Central Bank of The Bahamas (1987-1997) and Minister of State in the Ministry of Finance (2002-2007). And inadvertently this proved very beneficial, as Smith explains: “We backed into our no-tax policy. That became a vehicle for foreign investment, and this was the backbone on which we built our financial services sector.” He adds that wealthy Canadians were instrumental in this, as they were taxed on residency, which in the......

...more permanent way. A parcel of land was purchased in the exclusive region of Lyford Cay and construction began in 2007. The Bank moved to its brand new state-of-the-art facilities at Lyford Financial Centre Lyford Cay No 2 in November 2008. Banque Privée Edmond de Rothschild is satisfied that in The Bahamas it has found a partner that understands the needs of a highly sophisticated clientele. Bio Gian Fadri Pinösch Gian Fadri Pinösch has been the......

...sm industry, has been using COB to improve the quality of its existing workforce for more than a decade. Jackson Weech, general manager of SuperClubs Breezes on Cable Beach, graduated from the Bahamas Hotel Training College in the mid-80s, before it was absorbed into COB to become what is now the Culinary and Hospitality Management Institute. He currently has three of his own employees doing part-time courses towards accreditation at the Institute......

...ewis. “They are extremely focused and resourceful. They are flexible in the way they use materials, such as the use of bamboo plywood, which can be shaped easily for moulding, and ironwork, which was used for forming and scaffolding.” The stadium is scheduled to be completed by June 30, and Lewis anticipates that the country’s Independence Day celebrations will be held there on July 10.......

...Independent since 1973, The Bahamas still maintains the Queen as its head of state, and has a parliamentary system that is modelled on Westminster. There is still a non-resident British High Commissioner of The Bahamas in Jamaica. The highest court of appeal remains the London-based Privy Council and many of the jurisdiction’s lawyers and politicians studied in the UK and are members of the Bar of England and Wales. Banking legacy It is not only......

...cornerstone laying ceremony on Maritime Cay, August 15, 2013. The LJM Academy was officially launched in November 2012 and when completed will be a state-of-the-art training facility for Bahamian maritime professionals.......

...rmance. UNIV also collaborated with a leading studio design firm to create state-of-the-art newsrooms with energy efficient lighting grids, and with world-renowned station branding experts to rebrand ZNS and integrate branding elements in the workflow. The new IT-based systems make it easier for staff to produce polished broadcasts. “It is a pleasure to work with systems that match the level of capabilities and talents of the ZNS reporters and sta......

...ternet-led IPOs, on March 24, 2000, the S&P 500 closed at an all-time high of 1,527.46. For the next two years, however, it fell, as the IT bubble collapsed and shock waves from the 9/11 terror attacks on the US continued to ripple through the global investment community. The index bottomed in October 2002. As the chart illustrates, the S&P index then rallied, posting persistent gains through to the fall of 2007. On October 13 of that year, the S&......

...Minister of State for Finance Michael Halkitis has said in a ZNS news report that he believes that there is light at the end of the tunnel for the economy and that the government’s mid-year budget will seek to improve the country’s current financial situation.......

...ve the independence of the judiciary and to uphold the honor and integrity of the legal profession. The conference is being staged through the collaboration of the NBA’s Judicial Council Division, the Young Lawyers Division, Small Firms/Solo Practitioners’ Division and the Lawyers’ Committee for Civil Rights Under Law. Held under the theme, “A Legacy of Service. A promise of Justice,” the meeting runs February 14-17 at the Sheraton Nassau Beach Re......

...ve access to adequate revenues streams for the future,” explained Minister of State for Finance Michael Halkitis , while speaking at a luncheon meeting of the Bahamas Chamber of Commerce and Employers Confederation . As The Bahamas negotiates membership of the World Trade Organization (WTO) , it is going to have to reduce existing duties attached to goods imported into the country, the Minister said. According to Halkitis, the final determination......