The Bahamas Investor

...should also concentrate in particular on completion of three crucial areas of reform: ending too-big-to-fail; reforming shadow banking; and making derivatives markets safer. The G20’s response will ultimately dictate the openness of the global system and consequently the strength and sustainability of global growth. Only the G20 can decide whether the necessary institutions and co-operative cross-border mechanisms are built in 2/2 order to realise......

...s (SBNA) Sister Center Workshop, organized by the United States Department of State. The workshop took place on September 11 and brought together representatives of small and medium-sized enterprise support institutions from across the Western Hemisphere and directors of U.S. small business development centers (SBDCs) to explore ways they can create international sister center partnerships under SBNA. For more information, please visit the OAS Web......

...g a conference at Atlantis, Paradise Island yesterday with former Minister of State for Finance Zhivargo Laing saying he believed the economy could grow by 1 per cent simply by improving standards and achieving “service excellence”. Vaughn Roberts, vice president of corporate finance and treasury at Baha Mar, said he would like to see “a culture where there is a national commitment to service” and said the new $3.5 billion Baha Mar development in......

...tive mobile gaming solution into our modern luxury vacation offering. This state-of-the-art technology allows guests to play outside of the action-filled casino, whether relaxing by the pool, or waiting for their partner to get ready for their night of onboard dining and drinks, and will be an excellent addition to the edgy entertainment we offer onboard.” “Cantor Gaming’s modern approach to mobile gaming will help us ensure that our guests have a......

...d T3, is one of the world’s premier freediving training facilities, with a state-of-the-art pool and gymnasium. The freediver hopes to offer something similar with the expansion of the Vertical Blue Academy into a full-fledged facility that will incorporate all there is to learn about freediving and more. The facility would also promote healthy living, working with local farmers to grow fresh fruits and vegetables. It would also be used to promote......

...t has not entered into joint economic initiatives, like the CSME, with other Caribbean states. SOURCE: US Department of State......

...er. We could feed off our respective strengths, avoid wasteful duplication of effort and develop strategies and synergies together.” What Fair is proposing is to develop a maritime cluster based on the Danish model. “The Danes some years ago realized that they had many parts to their maritime industry, but many segments were working in isolation from each other and were not benefitting from such factors as economies of scale, synergies, cross fert......

...e: “Abaco has had significant capital investment. Improved infrastructure, state-of-the-art communications and technology and improved services are key components for attracting investment. All these components are either in place or well on the way in Abaco. “Abaco is poised for expanded development, investment and economic growth.” Work already completed on the islands includes construction of a new multi-million-dollar government administration......

...y had announced that it would move all commercial shipping operations to a state-of-the-art port facility based at Arawak Cay, just outside downtown Nassau. Ground was broken on the development in March 2011 and, three months later, work got underway at the nearby 15-acre freight terminal site. The entire project is expected to be completed by the end of this year. When finished, the container port will comprise 50,000 sq ft of warehouse space and......

...e first phase of demolition work. Local firms are also expected to build a convention centre and commercial village. The entire resort is expected to be complete by the end of 2013 and is forecast to contribute $11.2 billion to the gross domestic product of The Bahamas over a 20-year period.......

...me Minister Hubert Ingraham said: “NCL, I congratulate you on your newest, state-of-the-art addition to the cruise industry. Be assured of my government’s continued commitment to the business of tourism and to a mutually beneficial relationship with yourselves.” In welcoming the Epic, Prime Minister Ingraham also spoke of the expected economic benefit that the new ship would bring, saying: “Increased passengers translate into increased land and se......

...d partner Cantor Gaming for “working so closely with us to make sure it is state of the art and, in my opinion, better than anything they have done in Las Vegas.” The 6,860 sq ft Race & Sports Book includes 44 personal, and six VIP, betting stations as well as a video wall capable of showing 20 HD news feeds simultaneously broadcasting race and sporting events. It will be managed by Cantor Gaming, which introduced mobile sports gaming into Nevada......

Offering a vast array of amenities, including a state-of-the-art superyacht marina and an 18-hole Ernie Els-designed championship golf course, the resort is a regular haunt of the rich and famous, and in particular sporting stars thanks to its top class sports and fitness facilities. In the medium term, Albany hopes to build on this by creating a sports medicine centre, enabling top-level athletes to spend time at Albany during their off-season w......

...hancement in the efficiency of the department,” said the Bahamian Minister of State for Finance, the Honorable Michael Halkitis. The use of iasWorld’s Computer-Assisted Mass Appraisal (CAMA), Tax Billing & Collection (TB&C) and Assessment Administration (AA) software will enable the Bahamas to manage the entire property tax life cycle for parcels across 700 islands, 2,500 cays and islets. iasWorld will also improve the quality of assessments and p......