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By NEIL HARTNELL
Tribune Business Editor
Bahamas First Holdings is projecting an 80.5 per cent increase in year-over-year net comprehensive income to $7.598 million for its 2010 financial year, Tribune Business can reveal, boosted by a forecast $2 million contribution from its new Cayman Islands acquisition.
The general insurance holding company is also predicting that net comprehensive income will increase again in its 2011 and 2012 financial years, rising by 23.6 per cent year-over-year to $9.391 million in the former, and again by 5.5 per cent to $9.904 million in the latter.
The projections, which Bahamas First Holdings emphasised were not a guaranteed financial performance, were cont ...
The entire population of St. Kitts and Nevis could fit into B.C. Place -- with 10,000 seats to spare -- but that hasn't stopped the prime minister of the small two-island Caribbean country from thinking big.
Denzil Llewellyn Douglas is in Victoria to promote foreign investment and talk about tourism on the island where British naval hero Horatio Nelson wed the president of Nevis's niece in 1787.
MasterCard and Kerzner International Sign Multi-Year Strategic Alliance to Bring Exclusive Benefits to Travelers
Paradise Island, Bahamas -
MasterCard Worldwide, world
leading payments brand and Kerzner International Resorts, operator of
destination resorts, casinos and luxury hotels, reached a multi-year
strategic partnership to provide MasterCard cardholders in Latin America
with access to exclusive offers at internationally renowned vacation
hotspot, Atlantis Resort in The Bahamas.
the World Tourism Organization (WTO), challenges in the tourism industry
over the last few years have heightened the need for stronger collaboration
and partnerships among different industries...
By THEA RUTHERFORD
Guardian National Correspondent
Get ready for the final Family Island fete of the year!
From days filled with bounteous produce exchange and activity to nights of concerts packed with Rake N Scrape headliners, the first Frank Hanna October Harvest Festival in North Andros brings with it a lot of promise.
"Our main focus is to try to bring some economic activity to the island itselfâ ¦and we believe that having this event and encouraging folks from Nassau and all over The Bahamas to make plans to be a part of this,"said Jeff Rodgers, one of the organizers, at a press conference on Tuesday to announce the event.
With a two-fold goal of fun and ...
New York Fashion Week has Fashion's Night Out and Islands of the World
Fashion Week (IWFW) created the Runway to Fashion Week - a designer
showcase for local novice designers to kick off the IWFW festivities. On
Sunday evening, the Runway to fashion Week was held at Mario's Bowling
Palace with a packed house of fashion enthusiasts present to witness the
I was honored to be selected as a judge along with textile
and fashion designer Pamela Burnside and fashion designer Percy
Dubbed the Bahamas' "Project Runway," 5 novice local
designers participated in this inaugural event. The designers vied for
two amazing prizes...
REGISTRATION centres will be open at locations throughout the country beginning today as preparation of the new Voter Register for the next general elections begins.
The simultaneous opening of multiple centres in New Providence, Grand Bahama and the Family Islands will facilitate an early national voter registration drive, said Parliamentary Commissioner Errol Bethel.
Officials hope that with the early opening of registration centres, the process will be expedited while maintaining its accuracy and sanctity.
"I cannot overstate the importance of an accurate register. An accurate register facilitates fairness in the electoral process; it enhances better redistribution of seats, ther ...
The Grand Bahama Sailing Club sent its junior team of 16
sailors to Nassau this weekend for the 2010 Bahamas Optimist National
Championship. The sailing team had been training 4 times a week in the past
month in order to prepare to compete against the top junior sailors in the
nation. Multiple islands were represented, with the largest showing of sailors
from Nassau Yacht Club. GBSC sailors were split into a Green fleet for novice
sailors and the Championship fleet for those who had previously competed. The
racing team looked very smart wearing their brand new pinnies, which made
spotting them on the racecourse much easier for the coaches.
On arrival, the team received a rare invitation to view Sir
Durward Knowles' private trophy room. The team got to see an Olympic bronze and
Nassau, bahamas - A total of thirty six boats competed this past
weekend on Montagu Bay in Nassau in the championship fleet of the 2010
Bahamas Opti National Championship. Sailors coming from Nassau, but also
from Long Island, Abaco, Freeport, Governor's Harbour and Harbour
Three races were sailed on Saturday in light wind conditions and four races were completed on Sunday in 8 to 11 knots winds.
year old Daniel Gibson from Nassau was crowned Bahamas Champion 2010.
Daniel sailed consistently, finishing among the top six sailors in all
races except for a seven place in race number two...
A total of 36 boats competed this past weekend at Montagu Bay in New Providence in the championship fleet of the 2010 Bahamas Opti National Championships. Sailors from New Providence took part, along with young sailors from Long Island, Abaco, Grand Bahama, Eleuthera and Harbour Island.
Three races were sailed on Saturday in light wind conditions and four races were completed on Sunday in eight to 11 knot winds.
Daniel Gibson, 14, from New Providence was crowned Bahamas Champion 2010. He sailed consistently, finishing among the top six sailors in all races except for a seventh place finish in race number two. This was the first time that he was awarded the Geoffrey Holowesko Championship Troph ...
By CHESTER ROBARDS
ORLANDO, Florida - Interval International's affiliated timeshare properties in the Bahamas continue to generate a high market share when compared to other Caribbean islands, the company's regional sales and service director told Tribune Business yesterday, as it eyes expanding that inventory to properties attached to high-end brands.
Neil Kolton said Grand Bahama's Island Seas Resort and Paradise Island's Harborside Resort properties have sold - and continue to sell - extremely well. Harborside recently revealed that its inventory is 97 per cent sold out, and Mr Kolton, coy about the actual figures, added that I ...
By Basil Sands
BECAUSE we live in a tropical region of the world and in an archipelagic country- a group of many islands in a large body of water there is always an over abundance of tropical pests such as insects, spiders, snails, rodents and weeds.
And each day we see on TV or hear on radio, a new product on the market to eliminate the problematic pests, but sometimes at a huge price. All too often our pets are the unintended targets of these chemicals.
The summer seems to be a risky time or our pets. The long warm days of summer will put our pets at increase risk to injuries, fleas and ticks etc. Also during this time there is an increase usage of household pesticides and chemicals around ...
Nassau, Bahamas: The
"Islands of the World Fashion Week" 2010 season is officially underway!
On Sunday, October 3rd, scores of fashion spectators were engaged in
the excitement and allure of the Mode Îles Ltd. produced, "Runway to
Fashion Week". This highly anticipated event, loosely based on American
reality series "Project Runway", was designed to engage and expose
novice Bahamian designers to the wider fashion community; both locally
and internationally. With 5 talented designers eager to win the coveted
"top designer" title, only one emerged victorious! The winner of
Sunday's rigorous two rounds of competition was 26 year old Mr.
Theodore Elyett. His showcase of vibrant and colorful garments inspired
by American celebrity Solange Knowles...
Heavy rain showers over the Dominican Republic, Haiti and Puerto Rico are less likely to strengthen into a depression or tropical storm, the National Hurricane Center said.
The system has a 60 percent chance of developing into a stronger storm within two days, the center said in an advisory on its website at about 7:45 a.m. Miami time. Thatís less likely than the centerís 70 percent probability from six hours earlier.
Qualibou Energy announced Wednesday that it has entered into a binding agreement with the Government of St. Lucia to develop and deliver power from geothermal resources on the island.
St Lucia, located in the Eastern Caribbean, is part of a volcanic arc known as the Lesser Antilles. Surface manifestations of geothermal activity are centered in the Sulphur Springs area and include hot springs, steam fumaroles and boiling mud pools.
The unsolved disappearance of American teenager Natalee Holloway from the Dutch Caribbean island of Aruba in 2005 has been made into a film, with an expected release early next year.
In a case that sparked widespread media publicity in the United States, Holloway disappeared from Aruba during a high school graduation trip. Her body has never been found.
Nassau, Bahamas -
√éles, Ltd., organizers of the award-winning event,
Islands of the World
Fashion Week, is announcing the third edition of their spectacular
showcase of established and novice designers to the world's stage. The
event will take place on
November 11th - 13th in
Nassau, Bahamas, exposing island-based designers to the international
media and prospective buyer markets. This year promises to be even more
beneficial to our potential designers as we've added a televised
special/series, which will focus on the designers and events surrounding
IWFW.† The special will comprise of three segments, which will run
parallel to the main event:
of the Next Oscar"-
A runway presentation of
five designers selected from five island nations highlighting the themes
of eco-fashion, culture and fashion, and red/green carpet designs.
Judges will select the designer with the greatest potential for
following in the footsteps of the most internationally renowned designer
originating from a developing island nation, Oscar de la Renta...
Freeport, Grand Bahama Island - As Miss Grand Bahama, Tempestt
Stubbs, prepares for her first international competition, the Miss
Friendship International Pageant which is scheduled to take place in
China from September 7 - 28, 2010 she is busy coordinating each outfit
from head to toe. Thanks to two local stores, she is able to stand with
pride and shine with added appeal as she selects new foot wear and
"I am thrilled to travel to China to represent Grand Bahama Island
and indeed The Bahamas", says Miss Grand Bahama.† "This is one of the
main reasons why I entered the Miss Grand Bahama competition.† I wanted
the opportunity to travel and I consider it a privilege to represent my
island and my country"...
By CHESTER ROBARDS
ORLANDO, Florida - Bahamian resort developers could benefit greatly from the timeshare resort model, the Ministry of Tourism's senior director of research told Tribune Business yesterday.
And another tourism expert, who spoke on condition of anonymity, suggested Bahamian investment in timeshares on the Family Islands could be a catalyst to sustainable domestic tourism.
Gary Young, the Ministry official, said a timeshare or fractional development is an opportunity for Bahamians to develop a property that can produce possible year-round occupancies and high per-unit expenditure in the community (based on the traditional we ...
Bahamas - Miss Kamie Crawford of Maryland was crowned Miss Teen USA
2010 at the 28th Miss Teen USA pageant, held at the Imperial Ballroom,
Atlantis† on July 24, 2010.
The 17-year-old winner is from
from 50 states and the District of Colombia competed for the crown with
her.† the 51 contestants were narrowed down to 15 after the swimsuit,
evening gown, and fashion categories. The top 5 were judged on
appearance and their responses to questions.
The Bahamian American Cultural Society, through the effort and
collaboration with the
American Airlines Caribbean Employees Resource
Group (ERG) T
hird Annual "Adopt an Island Program," brings valuable
assistance to The Bahamas, and an opportunity to give good exposure to
guest institutions and tourism in the Bahamas.
The CRBERG is the only resource group that was unanimously accepted to
the Diversity Advisory Council in 1999. The group was formed as a
vehicle to educate AMR employees about the significant revenue
contributions of the Caribbean market and to implement a sensitivity
training course for all front line employees. Its Mission is to promote
an understanding of the diverse make-up of the Caribbean culture as it
relates to the profitability of AMR, its employees and its customers...
Nassau, Bahamas - The following is a Press Statement by Philip 'Brave' Davis.
Ann and I mourn today the passing of eight souls departed in the tragic
plane crash bound for a weekend homecoming festival in the quaint
community of San Salvador.
While we would like to pay tribute to all of the families and
friends who grieve at this time, I particularly wish to convey personal
tribute to my longtime friend and pilot Nelson Hanna, who has taken me
in my travels throughout the Bahamas. His service to people of San
Salvador is unmatched and today the people of that island stand with his
family in this time of testing...
By JAMMAL SMITH
Guardian Business Reporter
A host of experts and ministers around the Caribbean are scheduled to discuss the future of energy in the region.
The Caribbean Renewable Energy Forum(CREF), which will take place October 13-15 at Atlantis Paradise Island, is an open forum designed to spark the discussion on transitioning from traditional to renewable energy.
Conference Chairman Jerry Butler toldGuardian Businessthat The Bahamas will have a chance to make a good impression on key stakeholders attending the meeting.
"The fact that The Bahamas happens to be the location where[CREF]is being hosted is very interesting and creates an opportunity for The Bahama ...
Freeport, Grand Bahama Island - Shop at
Sawyer's Fresh Market on Oak Street and watch your grocery bill get lower!
Locally Owned -
Locally Operated - Earth Friendly -
Always Fresh - Smart Choice - Best Quality - Fabulous Selection
Visit Sawyer's Fresh Market at 28 Oak Street.
Open 7 days a week! Sundays from 8am to 1pm; Monday to Saturday from 8am to 8pm
Freeport, Grand Bahama Island - For
the past 25 years, The Salvation Army has quietly served those in need on Grand
Bahama by providing a wide range of spiritual, educational, social and welfare
A weekend of events is
planned to mark The Salvation Army's 25th year anniversary milestone
starting with a
"An Evening of Musical Theater" featuring Broadway veteran
Carol Jaudes to be held at the Bishop Michael Eldon High School Auditorium (BMES)
at 7 p.m. Light refreshments will be provided.
- Health Minister, the Honourable Dr. Hubert A Minnis on Friday
morning participated in a three million dollar contract signing for
renovations and expansion to the Operating Theatre Suites at the Rand
Memorial Hospital on Grand Bahama Island.
signing means the Government is committed to spending some $6 million
overall for improvements to the health facility. They had only
recently signed a contract for the upgrade and expansion of the Accident
and Emergency Unit at the Rand.
stressed that his Ministry and the Government is prepared to do what
is necessary to keep the Rand operating at a high standard...
Erin Ferguson, host and executive producer
of the popular Bahamian television show, Citizens' Review,
traveled to South Eleuthera to shoot 2 shows at the Cape Eleuthera Institute,
and the Island School. The trip was the reward for the recipients of the
Citizens of the Year Award, an annual award given by Citizens Review. The
awards were presented to High School Graduates in New Providence and Grand
Bahama whom the Principals, Guidance Counselors and Teacher thought were living
by example the 3 tenants of the Citizens' Review TV show, which are Independent, Accurate, and Bold.
The students from Grand Bahama are
Keiannah Charlton, Eight Mile Rock High School, Anjelica Maycock, Jack Hayward
High School, Charles Rose, Head Boy, Jack Hayward High School, and Charles
Harvey, Jack Hayward High School. New Providence students are Sloan Smith, R.M.
Bailey High School, Denielle Miller, C.V. Bethel High School...
Freeport, Grand Bahama Island - Ladies love to dance, and Ladies love champagne!
Every Thursday night at Neptune's, aside from their ever popular Happy Hour from 7 - 9pm, the Ladies can enjoy
Chandon for only $6.50 a glass (regular price is $12.95).
Enjoy music by DJ Lochs or DJ Say My Name and make it your night to hang with the girls and dance the night away to the most upbeat tunes.
Ladies Night is perfect for a birthday, Hen Night, or Wedding Shower, or simply a night to get away with your BFFs...
Nassau, Bahamas -
Junkanoo Summer Festival (JSF) is back in Nassau for three weeks of Bahamian cultural entertainment at a venue that tourism officials expect to draw unprecedented support from Bahamians and visitors.
While JSF is being held on eight islands this summer, in Nassau the annual festival is scheduled for three
Saturdays - July 17, 24 and 31 - from noon to 10pm. The event, which features junkanoo rushes at 5 and 9pm, will be presented at Junkanoo Beach East - just west of the British Colonial Hilton parking lot.
The new location is ideal for attracting visitors from the downtown area, which will encourage increased tourist spending, said Geneva Cooper, senior director for Product in the Ministry of Tourism & Aviation...
Freeport, Grand Bahama Island -
July 28, 2010
The Grand Bahama Power Company is
saddened to learn of the recent loss of life found at our premises on
Kings Road. We are satisfied that every reasonable precautionary measure
was taken to prevent such an unfortunate mishap from happening.
safe environment is paramount to us. Management of the Grand Bahama
Power Company fully supports and complies with stringent international
safety and security practices and as standard policies and procedures
adhered to these practices. Safety locks, labels, signs and information
Freeport, Grand Bahama Island - Led Med Mediterranean Restaurant at Port Lucaya offers you
EARLY BIRD SPECIALS for just
$12.95 + 15% gratuity from
4:00 to 6:30 pm
1 glass of house wine or 1 soft drink. Salad and bread included, and your choice of one the following:
An 8 OZ Black Angus Steak; Pasta & lobster; Pasta with Shrimps; Seafood Pasta; Grilled Chicken Breast on Pasta; Coconut Shrimps; ½ Rotisserie Chicken; Grouper or Snapper fillet; or Cracked Conch...