Business
Carl-Gustaf (Calle) Rotkirch, a 32-year maritime industry veteran, has been named Chairman and Chief Executive Officer of the Grand Bahama Shipyard, Ltd., effective August 1, 2008. In this capacity, Rotkirch will oversee all operations of the shipyard, which is one of...Business
NASSAU, Bahamas (BIS) – Homeowners will enjoy substantial benefits under the government’s 2008/2009 budget through the exemption of stamp taxes and the reduction and elimination of duty on a variety of building materials, appliances and...Business
BIMINI – The National Association of Realtors reported in April 2008 that “12 percent of all existing home sales in 2007 were not primary residences; they were instead vacation homes.” Due to rising condominium and loan fees, this market condition...Business
BIMINI, Bahamas — Bimini Bay Resort located on North Bimini, famous for being the gateway to the Bahamas, announces its brand new Mega Yacht Marina accommodating up to 200-ft. yachts and the addition of luxury suites and villas. From deep sea to bone fishing,...Business
Freeport, Grand Bahama – Almost 2 months after the most exciting competition in Grand Bahama had finished, Bahamian Brewery and Beverage Company announced that it had chosen the first of its two names. “Today we proudly announce that we have chosen the name,...Business
From a Bahamas government press release:NASSAU, The Bahamas — The Inter-American Development Bank (IDB) is predicting an infusion of some $18 billion in investments in the Bahamas, Minister of Financial Services and Investments the Hon. Vincent Peet said.“But...