The Bahamas

Avasant Foundation Training - Digital Skills to Displaced Workers in the Bahamas

Retrieved on: 
Wednesday, June 30, 2021
Articles, Countries, The Bahamas, Digital transformation

A larger digital workforce could help the economy in the Bahamas, largely based on tourism, to grow and diversify.

Key Points: 
  • A larger digital workforce could help the economy in the Bahamas, largely based on tourism, to grow and diversify.
  • Executive Director of the Avasant Foundation, Chitra Rajeshwari, added, "we live in a world today of borderless workforces.
  • The project seeks to catalyze the growth of the digital economy at a critical point in the country's economic and digital transformation.
  • Avasant Foundation supports technology and skill development programs to create employment opportunities for youth across Africa, Asia, the Caribbean, and Latin America.

The Path to Recovery in the Caribbean

Retrieved on: 
Monday, June 28, 2021
Countries, Albizu, The Bahamas, World

NEW YORK, June 28, 2021 /PRNewswire/ -- Join us for a forward-looking discussion into the Caribbean's recovery and the region's economic outlook post-Covid-19.

Key Points: 
  • NEW YORK, June 28, 2021 /PRNewswire/ -- Join us for a forward-looking discussion into the Caribbean's recovery and the region's economic outlook post-Covid-19.
  • This forum features a panel of high-profile government officials and investors on Wednesday, June 30, 2021 starting at 11:00 AM EDT.
  • Panel 1 - "The Path to Recovery in the Caribbean" will focus on the region's economic future, highlighting investment opportunities, how the region is addressing climate change and renewable energy, as well as the revival of the tourism industry.
  • Hector Manuel Valdez Albizu, Governor of the Central Bank, Dominican Republic
    John Rolle, Governor of the Central Bank, The Bahamas
    Panel 2 - "The Path to Recovery in the Caribbean: the investors view"will gather leaders in the asset management and research industry to discuss the road to recovery of the region, as part of their emerging markets strategy.

AM Best Affirms Credit Ratings of Bahamas First Holdings Limited’s Operating Subsidiaries

Retrieved on: 
Thursday, June 24, 2021
Insurance, Professional services, Credit rating agencies, Countries, Economy, The Bahamas, AM Best, Credit rating, World

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of a- (Excellent) of Bahamas First General Insurance Company Limited (BFG) (Nassau, Bahamas) and Cayman First Insurance Company Limited (CFI) (Cayman Islands), the property/casualty operating subsidiaries of Bahamas First Holdings Limited (Nassau, Bahamas) (BFH).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of a- (Excellent) of Bahamas First General Insurance Company Limited (BFG) (Nassau, Bahamas) and Cayman First Insurance Company Limited (CFI) (Cayman Islands), the property/casualty operating subsidiaries of Bahamas First Holdings Limited (Nassau, Bahamas) (BFH).
  • The outlook of these Credit Ratings (ratings) is stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper media use of Bests Credit Ratings and AM Best press releases, please view Guide for Media - Proper Use of Bests Credit Ratings and AM Best Rating Action Press Releases .

Margaritaville Beach Resort Nassau Set to Open July 2021

Retrieved on: 
Tuesday, May 18, 2021
Countries, Margaritaville Casino, Margaritaville, Nassau, Bahamas, The Bahamas, Culture of the Bahamas, Songs, Islands, Jimmy Buffett's Margaritaville

b'NASSAU, Bahamas, May 18, 2021 /PRNewswire/ --Margaritaville Beach Resort Nassau, The Bahamas\' newest luxury island escape, is making its debut July 2021, on the eastern end of the famous Junkanoo Beach.

Key Points: 
  • b'NASSAU, Bahamas, May 18, 2021 /PRNewswire/ --Margaritaville Beach Resort Nassau, The Bahamas\' newest luxury island escape, is making its debut July 2021, on the eastern end of the famous Junkanoo Beach.
  • Inspired by the brand\'s iconic state of mind, Margaritaville Beach Resort captures the essence of Bahamian culture to provide guests with a relaxing, laid-back oasis.
  • The resort features two separate towers totaling 300 rooms, including 68 suites with direct views of the turquoise waters and soft sands below.
  • More than 20 million travelers every year change their latitude and attitude with a visit to a Margaritaville resort, residential real estate destination, vacation club, vacation home rental or restaurant.

What's New In The Bahamas In May

Retrieved on: 
Thursday, May 6, 2021
Countries, Islands, Landforms, The Bahamas, Lynden Pindling, Exuma, Nassau, Bahamas, Fort Lauderdale–Hollywood International Airport, Outline of the Bahamas

b'NASSAU, Bahamas, May 6, 2021 /PRNewswire/ -- Travelers wishing for idyllic sandy beaches and irresistible blue waters will find their paradise in The Bahamas this summer.\nPeople-to-People Goes Virtual The beloved program, connecting visitors with locals for 45 years, now offers five free virtual sessions with ambassadors in The Bahamas.

Key Points: 
  • b'NASSAU, Bahamas, May 6, 2021 /PRNewswire/ -- Travelers wishing for idyllic sandy beaches and irresistible blue waters will find their paradise in The Bahamas this summer.\nPeople-to-People Goes Virtual The beloved program, connecting visitors with locals for 45 years, now offers five free virtual sessions with ambassadors in The Bahamas.
  • To book, visit: https://www.bahamas.com/plan-your-trip/people-to-people .\nIncreased Airlift American Airlines launches direct flights from Austin-Bergstrom International Airport (ABIA) to Lynden Pindling International Airport (NAS) June 5, 2021.
  • Booking window: April 5 - May 10, 2021.\nExtended Stay Deals Guests who book an extended stay - 14 days or longer - at Grand Isle Resort on Great Exuma can receive up to 50% off.
  • Margaretville Beach Resort in Nassau is also offering guests who stay 14 days or longer special pricing of up to 40% off regular rates.\nTravel Advisor Appreciation Celebrating "Travel Advisor Month" in May, Warwick Paradise Island Bahamas is offering rates and a 3rd night free for travel advisors booking now through May 31, for stays through December 20, 2021.\nFor an overview of The Bahamas\' travel and entry protocols, visit Bahamas.com/travelupdates .\n'

The Bahamas Launches Virtual People-To-People Experiences

Retrieved on: 
Tuesday, April 20, 2021
Countries, Bahamian, The Bahamas, Bahamas Ministry of Tourism and Aviation

b'Transport Virtually into the Homes of Bahamians to Dance, Cook and More\nNASSAU, Bahamas, April 20, 2021 /PRNewswire/ --Today, The Bahamas Ministry of Tourism & Aviation is bringing the beloved People-to-People Program to the virtual stage for travelers to experience the warm hospitality and rich culture of the Bahamian people.

Key Points: 
  • b'Transport Virtually into the Homes of Bahamians to Dance, Cook and More\nNASSAU, Bahamas, April 20, 2021 /PRNewswire/ --Today, The Bahamas Ministry of Tourism & Aviation is bringing the beloved People-to-People Program to the virtual stage for travelers to experience the warm hospitality and rich culture of the Bahamian people.
  • The Bahamas is looking forward to welcoming back travelers whenever they choose to visit.
  • "We are proud to bring these experiences to the virtual stage and our ambassadors are thrilled to share their love of The Bahamas with travelers once again.
  • "\nFor more information, or to book a free virtual session, visit Bahamas.com/People-to-People .\n'

Royal Caribbean Marks 2021 Return To Caribbean With Cruises From The Bahamas

Retrieved on: 
Friday, March 19, 2021
Countries, Cruise lines, Royal Caribbean, The Bahamas, Islands

MIAMI, March 19, 2021 /PRNewswire/ --This summer, travelers can trade in virtual travel experiences for their long-awaited vacations and cruise in The Bahamas and Mexico with Royal Caribbean International.

Key Points: 
  • MIAMI, March 19, 2021 /PRNewswire/ --This summer, travelers can trade in virtual travel experiences for their long-awaited vacations and cruise in The Bahamas and Mexico with Royal Caribbean International.
  • As we move forward, we expect this requirement and other measures will inevitably evolve over time," said Michael Bayley, president and CEO, Royal Caribbean International.
  • "Cruising is a vital part of The Bahamas' economy and having Royal Caribbean and their guests return to our shores will contribute greatly to restoring and reactivating tourism.
  • Details on additional health and safety measures to be implemented by Royal Caribbean will be announced at a later date.

The Bahamas Virtual Romance Expo "From The Bahamas With Love" Welcomed Over 1000 Romance Seekers

Retrieved on: 
Thursday, March 11, 2021
Countries, Piracy in the Caribbean, Bahamas Ministry of Tourism and Aviation, The Bahamas, MS Grand Celebration, Nassau, Bahamas, Islands, Landforms

NASSAU, Bahamas, March 11, 2021 /PRNewswire/ -- Yesterday, The Bahamas Ministry of Tourism & Aviation (BMOTA) held a Virtual Romance Expo for consumers from all over North America.

Key Points: 
  • NASSAU, Bahamas, March 11, 2021 /PRNewswire/ -- Yesterday, The Bahamas Ministry of Tourism & Aviation (BMOTA) held a Virtual Romance Expo for consumers from all over North America.
  • The show was abuzz with people from all walks of life, who wanted a taste of The Bahamas from their home.
  • Withover 1000 virtual attendeesfrom all over Canada and the U.S., theVirtual Romance Expo gave couplesa unique opportunity to understand what The Islandsof The Bahamas offer as a romantic destination.
  • The show also featured the love stories of coupleswho shared their experiencesof why The Bahamas was the perfect destination for their romantic celebration.

The Bahamas And Romance Go Hand In Hand

Retrieved on: 
Friday, March 5, 2021
Countries, Bahamas Ministry of Tourism and Aviation, The Bahamas, D'Aguilar, Islands, World

Virtual Romance Expo welcomes over 1300 Trade Professionals in advance of Consumer Expo on March 10 Event!

Key Points: 
  • Virtual Romance Expo welcomes over 1300 Trade Professionals in advance of Consumer Expo on March 10 Event!
  • NASSAU, Bahamas, March 5, 2021 /PRNewswire/ -- TheBahamas Ministry of Tourism & Aviation (BMOTA) kicked off "From The Bahamas With Love," their annual Romance Expo featuring an afternoon tailored specifically to trade professionals, including travel agents, event planners and media.
  • The Bahamas is one of the world's leading destinations for weddings and honeymoons, and romance is an especially important segment of Bahamas tourism.
  • "There is tremendous engagement and passion about the business of romance in The Bahamas from all corners of the world," said Dionisio D'Aguilar, The Bahamas Minister of Tourism & Aviation.

Mastercard and Island Pay Launch World’s First Central Bank Digital Currency-Linked Card

Retrieved on: 
Wednesday, February 17, 2021
Finance, Security, Banking, Professional services, Technology, Money, Finance, Economy, Credit cards, Central Bank Digital Currency, Currency, Monetary reform, Numismatics, MasterCard, Central Bank of The Bahamas, Bahamian dollar, The Bahamas, Mastercard (NYSE:MA), Island Pay

Under a new program from Mastercard and Island Pay , the Bahamas Sand Dollar prepaid card gives people the option to instantly convert the digital currency to traditional Bahamian dollars and pay for goods and services anywhere Mastercard is accepted on the Islands and around the world.

Key Points: 
  • Under a new program from Mastercard and Island Pay , the Bahamas Sand Dollar prepaid card gives people the option to instantly convert the digital currency to traditional Bahamian dollars and pay for goods and services anywhere Mastercard is accepted on the Islands and around the world.
  • The digital Sand Dollar is issued by the Central Bank of The Bahamas and carries the same value and consumer protections as a traditional Bahamian dollar.
  • Cash money movement becomes costly, which makes a central bank digital currency (CBDC) a preferred digital payment in the region.
  • Richard Douglas, co-founder of Island Pay, said: By working closely with the Central Bank of The Bahamas and Mastercard, we are able to issue a prepaid card unlike any other in the world.