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CARPHA and Mexico sign MOU to benefit 17 million Caribbean people

April 25, 2015
CARPHA and Mexico sign MOU to benefit 17 million Caribbean people MEXICO CITY, Mexico -- The Caribbean Public Health Agency (CARPHA) on Thursday signed a memorandum of understanding (MoU) with the ministry of health of the United Mexican States, through the Federal Commission for Protection from Sanitary Risks (COFEPRIS). The aim of the MoU...

RBC Bahamas subsidiary faces allegations of complicity in tax fraud in France

April 24, 2015
RBC Bahamas subsidiary faces allegations of complicity in tax fraud in France TORONTO, Canada -- The Royal Bank of Canada said on Wednesday that a French judge has referred its Bahamas subsidiary to a French tribunal to face a charge of complicity in tax fraud, while dropping money-laundering allegations. RBC, Canada’s biggest bank by assets, made the disclosure...

Bahamas megaresort confirms another delay in opening

April 23, 2015
Bahamas megaresort confirms another delay in opening NASSAU, Bahamas -- Almost a week after Baha Mar CEO Sarkis Izmirlian went on a tirade at a gathering of employers in Nassau, there has been relatively little public response to the obviously incensed investor’s commentary, and once again the multibillion dollar Baha Mar resort in The Bahamas...

Bahamas MP defends government decision to withhold fuel leak report

April 22, 2015
Bahamas MP defends government decision to withhold fuel leak report NASSAU, Bahamas -- Amid a growing firestorm over the Bahamas government’s decision to wait more than a year before releasing a report on a Rubis gasoline spill that occurred more than two years ago, local MP Jerome Fitzgerald said on Monday he understands the “reasons and rationale” behind...

Global entry kiosks expand to Nassau US preclearance in Bahamas

April 22, 2015
Global entry kiosks expand to Nassau US preclearance in Bahamas NASSAU, Bahamas -- US Customs and Border Protection on Tuesday announced the addition of Global Entry kiosks to the Nassau Preclearance facility at Lynden Pindling International Airport. Global Entry, a CBP trusted traveler program, provides expedited clearance for pre-approved, low-risk travelers.

Bahamas even closer to Florida with new non-stop flights

April 22, 2015
Bahamas even closer to Florida with new non-stop flights NASSAU, Bahamas -- Paradise is even closer with two new non-stop flights for the summer between Florida and Eleuthera and Abaco, two popular destinations in The Bahamas. Wildcat Touring, the leading air charter provider for basketball and other college team sports travels, is introducing two non-stop...

Let's Talk Business: What is your organisation's personality type?

April 22, 2015
Let's Talk Business: What is your organisation's personality type? Every company has a culture. For those of us in business we all know it exist. Whether you are working for a company or running one, it is important to know how culture impacts the performance of your business. Wouldn’t it be useful to put a “name” or description to the various cultures within an organization?

Bahamians become North Pole explorers

April 21, 2015
Bahamians become North Pole explorers NORTH POLE -- Two Bahamians are literally sitting on top of the world and they took The Bahamas’ flag with them, as Mark Roberts and Shaune Adderley made the journey to the North Pole – the first Bahamians to ever to take on the courageous challenge. “I was invited by a friend who has lived...

Commentary: The leaks that rocked the nation!

April 21, 2015
Commentary: The leaks that rocked the nation! I think it's safe to say that the current government of The Commonwealth of The Bahamas has more holes in it than a colander. Never in my short lifespan watching politics and governments come and go in The Bahamas have I seen so many leaked documents and information being thrown...

US promises Bahamas only 'lawful surveillance'

April 17, 2015
US promises Bahamas only 'lawful surveillance' NASSAU, Bahamas -- Nearly 11 months after it was revealed that the National Security Agency (NSA) of the United States had been recording every cellular phone call in The Bahamas, Foreign Affairs Minister Fred Mitchell said the government has been assured that the US will only carry on...

CEO of multi-billion dollar mega resort lashes Bahamas government and contractors

April 17, 2015
CEO of multi-billion dollar mega resort lashes Bahamas government and contractors NASSAU, Bahamas -- Baha Mar CEO Sarkis Izmirlian on Wednesday hurled sharp criticisms at both the Bahamian government and Baha Mar general contractor China Construction America Bahamas Ltd (CCA), suggesting they failed to deliver on myriad promises for the $3.5 billion...

Cuban and Bahamian tourism ministers meet in Havana

April 17, 2015
Cuban and Bahamian tourism ministers meet in Havana HAVANA, Cuba (ACN) -- Cuba’s tourism minister Manuel Marrero held an official meeting in Havana with his Bahamian counterpart Obediah Wilchcome on opportunities offered by a Caribbean multi-destination for the two countries. The Cuban tourism ministry said the meeting was beneficial.

Let's Talk Business: At the heart of every successful entrepreneur is the ability to find solutions to problems

April 17, 2015
Let's Talk Business: At the heart of every successful entrepreneur is the ability to find solutions to problems I had the great privilege of speaking at the Bahamas National Junior Achievement Conference held in Freeport, Grand Bahama, The Bahamas, in February of this year under the topic, entrepreneurship. For me this was a no brainer as I am an entrepreneur and always have been. Yet, true to form...

Revolutionary cargo scanning system tested in Bahamas

April 15, 2015
Revolutionary cargo scanning system tested in Bahamas FREEPORT, Bahamas -- Decision Sciences International Corporation (DSIC), a US based advanced technology provider of security and detection systems, recently completed the final phase of the five phase system characterization of its Multi-Mode Passive Detection System (MMPDS).

Wahoo Smackdown VII announced for November 12-14 in Bahamas

April 14, 2015
Wahoo Smackdown VII announced for November 12-14 in Bahamas ALICE TOWN, Bahamas -- Heading into its fourth wahoo fishing season, the popular Wahoo Smackdown Series is returning for its seventh engagement at the world renowned Bimini Big Game Club Resort and Marina in The Bahamas. Tournament dates have been announced for November 12-14, 2015.

Bahamas police question minister in judicial interference probe

April 13, 2015
Bahamas police question minister in judicial interference probe NASSAU, Bahamas -- Deputy Commissioner of Police Anthony Ferguson interviewed Minister of Agriculture and Fisheries Alfred Gray on Friday as police in The Bahamas continued to investigate an allegation that Gray interfered in a judicial matter in his constituency on March 19.

CARICOM chair stresses importance of relationship with US

April 11, 2015
CARICOM chair stresses importance of relationship with US KINGSTON, Jamaica -- Stressing the importance of the relationship between the United States and the Caribbean Community (CARICOM), Bahamas Prime Minister Perry Christie said on Thursday that CARICOM, as small member states, has long recognised the value of pooling...

CARICOM chair advocates for youth development at CARICOM-US summit

April 10, 2015
CARICOM chair advocates for youth development at CARICOM-US summit KINGSTON, Jamaica -- Chairman of the Caribbean Community (CARICOM), Perry Christie, prime minister of The Bahamas, advocated for the region’s youth on Thursday urging that the CARICOM-US Summit “secure the future for our young people.” Christie, co-chair of the summit along with...

Answers on Bahamas power contract bribe imminent, says attorney general

April 10, 2015
Answers on Bahamas power contract bribe imminent, says attorney general NASSAU, Bahamas -- More than three months after the Bahamas government requested information from the US government over a report that a Bahamian official accepted $325,000 in bribes to swing Bahamas Electricity Corporation (BEC) contracts to a French company over a decade ago...

BVI ranked highest offshore jurisdiction

April 9, 2015
BVI ranked highest offshore jurisdiction ROAD TOWN, BVI -- The British Virgin Islands (BVI) has moved up 13 positions to 34th in the most recent Global Financial Centres Index (GFCI). The Index also revealed that the BVI is the most highly ranked offshore jurisdiction, ahead of competing jurisdictions such as the Cayman Islands...

Let's Talk Business: Decoding office politics

April 9, 2015
Let's Talk Business: Decoding office politics As I was browsing the shelves of my library yesterday morning, I came across a book I had purchased a few years back entitled “The Secret Handshake – Mastering the Politics of the Business Inner Circle” authored by Kathleen Kelley Reardon, Ph D. This book was the inspiration for this week’s article.

Commentary: Do US presidential elections matter to us? (with audio)

April 8, 2015
Commentary: Do US presidential elections matter to us? (with audio) The United States presidential election of 2016 is just over 18 months away. Which means it is still a good ways off, but some hopefuls have already come forward and others have expressed keen interest in running for the biggest, most important job on the planet outside of being the Catholic Pope...

Saga of avarice and money laundering in the Caribbean continues

April 3, 2015
Saga of avarice and money laundering in the Caribbean continues GEORGETOWN, Guyana -- While the talk of “cold cases” is in the air after Guyana’s President Donald Ramotar’s recent admonition to the police, there is one “hot” case that is about to be concluded. It is the high-profile case from 2013 that has all the elements of an object lesson in fraud and greed.

Still no decision on management contract for Bahamas power company

April 2, 2015
Still no decision on management contract for Bahamas power company NASSAU, Bahamas -- Despite a conflicting message and confused timelines while critical decisions at the Bahamas Electricity Corporation (BEC) languish, and despite Prime Minister Perry Christie’s assurance that he would “move rapidly for a conclusion” on the decisions, up to Tuesday the Christie...

Bahamas government to consider bailout for local CLICO entity

April 2, 2015
Bahamas government to consider bailout for local CLICO entity NASSAU, Bahamas -- The liquidator of CLICO (Bahamas) has recommended a resolution to that saga, and Guardian Business understands that the model recommended by liquidator Craig Gomez, of Baker, Tilly, Gomez, is one that Bahamians would recognize: a bailout vehicle in the style of...

Commentary: The IMF came to town and they left! (audio)

April 2, 2015
Commentary: The IMF came to town and they left! (audio) The International Monetary Fund (IMF) team visited The Bahamas from March 9–20 to conduct discussions for the 2015 Article IV consultations. Their press release stated several key factors about the current state of the Bahamian economy. Organizations like the IMF have a duty to compile data...

Commentary: Communicating during a crisis: What to say, when to say it, who should say it

April 1, 2015
Commentary: Communicating during a crisis: What to say, when to say it, who should say it Very often overlooked and underestimated is the relaying of vital information during crisis events. It is an integral part of managing ‘reputational risk’ both internally and externally.  I recall being a part of a response team sent to an impacted location; and from the moment our plane touched down...

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