Connect with us

Bahamas News

Symonette Discusses Bahamas as Commercial Arbitration Centre

Published

on

#Bahamas, February 3, 2018 – Nassau – Minister of Financial Services, Trade and Industry and Immigration, the Hon. Brent Symonette says that the government is committed to easing the way business is conducted in the country.  The Minister made the comments while delivering opening remarks at the 6th Annual Arbitration and Investment Seminar, held at the Harry C. Moore Library and Information Centre at the University of The Bahamas on Monday, January 29.

“While The Bahamas is recognized internationally as a mature, well-regulated and sophisticated international financial centre with international financial institutions delivering a myriad of services including banking, private banking and trust service, investment advisory services and insurance among others, there are real concerns about the ease of doing business in The Bahamas which has the potential to erode our competitive advantage in these areas globally,” said Minister Symonette.

TCI GO 4 INSERT FIX

He said that as globalization continues, The Bahamas has to meet the demands of the global community including its perception of the country as a business centre and its expectations.

Min B. Symonnette“We cannot be left behind as our regional neighbors make changes to the way they do business to position their countries globally,” he said. “Too much is at stake for the Bahamian people, particularly the youth of our country, the backbone of the future.”

He said with this objective in mind, the government would implement a number of initiatives aimed at improving the ease in which business is conducted. He pointed to three priority areas.

“Those areas include the business license process, the investor proposal process and various immigration processes, including work permits,” said Minister Symonette, “The government will also move to bring ‘greater transparency’ to the processes of doing business in The Bahamas.”

He said that as it pertains to resolving disputes, the government remains committed to the establishment of the country as a modern and sophisticated international commercial arbitration centre.

POINT GRACE INSERT FIX

“We believe that given our developed financial services sector and large ship registry, there are opportunities which can allow these matters to be arbitrated here in The Bahamas creating jobs for Bahamian professionals while having trickle down for the economy at large. The potential for long term employment opportunities for Bahamian professionals has to be stressed.”

Topics discussed at the summit included, ‘Smooth or Rough seas? Challenges to Maritime Arbitration,’ ‘Court-Connected Mediation & Arbitration, Anti-Suit Injunctions, Helpful or Harmful’ and ‘Construction Adjudication: Baha Mar Open, Now Have We Learned the Lessons for Construction Dispute Resolution?’

Release: BIS

Photo Caption: 

Header: Attendees look on during the 6th Annual Arbitration and Investment Summit — Caribbean, Latin America and Other Emerging Markets 2018. The event was held under the theme, ‘Arbitration, Alternative Dispute Resolution; Cooperation vs. Competition.’ The summit was held at the Harry C. Moore Library at the University of the Bahamas on Monday. (BIS Photo/Derek Smith)

Insert: Minister of Financial Services, Trade & Industry and Immigration, the Hon. Brent Symonette, delivering opening remarks at the 6th Annual Arbitration and Investment Summit — Caribbean, Latin America and Other Emerging Markets 2018.  The event was held under the theme, ‘Arbitration, Alternative Dispute Resolution; Cooperation vs. Competition.’ The summit was held at the Harry C. Moore Library at the University of the Bahamas on Monday, January 29, 2018. (BIS Photo/Derek Smith)

 

 

 

 

 

-088

 

 

Continue Reading

Bahamas News

Ayla Isaacs Unveils Transformative Guide Amidst Challenging Times

Published

on

Bahamian author Ayla Isaacs is making an impactful debut in the literary world with her book, “Achieving Optimum Spiritual Health—Transforming Your Wellbeing With Diet, Exercise, and Rest.” As crime rates surge and the aftermath of the pandemic leaving many grappling with hopelessness and a sense of abandonment, Isaacs’ guide offers a beacon of hope and a roadmap for personal transformation, emphasizing the importance of prioritizing spiritual resilience in navigating adversity.

Long-time Bahamian physician Dr. Horizal Simmons says, “Ms. Isaacs not only states the spiritual ingredient that we should use for our therapy, but she also explains how it works in our spiritual system and the beneficial changes that will bring the desired transformation or spiritual health benefits.” Applauding the soundness of the book and paralleling it to physical wellness, Dr. Simmons said he highly recommends it to anyone serious about their spiritual well-being and health.

Isaacs is a highly experienced Project Manager who draws from her background in Civil and Environmental Engineering, International Business, and Christian ministry, whether a physical structure or the wellbeing of an individual’s life. Her published work shows that she strongly believes in building with structural integrity. Isaacs provides readers with a holistic approach to welfare beyond traditional self-help. She explores the transformative power of simple spiritual practices integrated into daily life. Isaacs believes that prioritizing spiritual health can help individuals find inner fulfillment and a sense of purpose, which she believes are essential in combating the prevailing hopelessness.

Coach Gregory Cash, who has spent decades helping to develop great athletes and leaders in the country, believes the unique perspective shared, especially relating to spiritual exercise, can touch the hearts of so many. Wendy Fernander, PhD., a licensed clinical psychologist and president of the Bahamas Psychological Association, noted that too few of us think about our spiritual diet, which results in our spiritual wellbeing. When asked about the book, Dr. Fernander said, “This book will provoke you to do serious soul searching.”

Amid the challenges communities face, Isaacs encourages readers to initiate a positive “me” movement—a focus on self-improvement that, when embraced collectively, can lead to stronger families, churches, and nations. According to Isaacs, strengthened individuals become catalysts for positive change within their immediate circles, creating a ripple effect that extends to broader communities.

Ayla Isaacs, whose roots go back to South Eleuthera, is a founding member of the Smart and Strong Sisterhood (SASS) and the creative mind behind A.I. Paper, a gift-wrapping paper and bag company that celebrates the islands of The Bahamas. Isaacs believes that investing in spiritual wellbeing is pivotal for personal growth and resilience. A conference speaker who is actively involved in church ministries and affiliated with several civic organizations, Isaacs firmly believes in the balance between personal and community wellbeing.

“Achieving Optimum Spiritual Health” is now available on Amazon.com and BarnesandNoble.com in paperback and eBook form and locally at Oasis Bookstore in Nassau. Isaacs encourages readers to embark on a transformative journey and be architects of their spiritual wellbeing. In times of uncertainty, “Achieving Optimum Spiritual Health” offers a guide and a message of hope and empowerment for individuals seeking personal and communal transformation.

Continue Reading

Bahamas News

Tired of Taking Notes? The new Samsung Galaxy S24 Will Transcribe and Summarize Your Voice Notes In A Snap! 

Published

on

 

NASSAU, Bahamas – Faster, smarter and more convenient than ever before, the new Samsung Galaxy S24 will revolutionize your productivity with its new Transcript Assist and Browsing Assist features. In the continuous pursuit of delivering innovative solutions that enhance productivity and user experience, Samsung Electronics is proud to introduce two groundbreaking features: Transcript Assist and Browsing Assist.

The Transcript Assist feature, powered by Galaxy’s advanced artificial intelligence, takes note-taking to a whole new level by enabling users to easily convert voice notes and conversations into useful and accessible notes. Whether in a business meeting, conference, or casual conversation, the Galaxy S24’s Transcript Assist makes capturing information easier than ever.

By utilizing Transcript Assist, users can effortlessly record any conversation with multiple speakers and transform it into a clear and concise transcript with just a few taps. This feature is particularly useful for those who need to keep a detailed record of discussions and decisions made during important meetings or collaborative work sessions.

“With Transcript Assist, we’re redefining the way people take notes and record information,” said Gianmarco Leri, Product Manager at Samsung Electronics. “No longer do you have to worry about missing important details during a conversation. With the Galaxy S24, you can capture every word and turn it into a useful reference that you can easily review and share.”

In addition to generating accurate transcripts, the Transcript Assist feature also offers the ability to generate quick summaries of conversations, as well as the option to translate the entire transcript into different languages, facilitating communication and collaboration among people from different regions and cultures.

On the other hand, the Browsing Assist feature allows users to navigate more efficiently and conveniently on their Galaxy S24 devices by providing intelligent and contextual suggestions during web browsing and online content exploration.

The Galaxy S24, equipped with Transcript Assist and Browsing Assist, marks the beginning of a new era of productivity and convenience in mobile devices. These innovative features demonstrate Samsung Electronics’ continued commitment to providing advanced tools that help people achieve their goals more effectively and efficiently in everyday life.

So, get ready! The new Samsung Galaxy S24 will be coming soon to tech stores in The Bahamas soon.

Continue Reading

Bahamas News

Weather Systems Affect Cuba and The Bahamas

Published

on

Rashaed Esson

Staff Writer

#Weather#Cuba#TheBahamas, March 25th, 2024 – Serious weather struck The Bahamas and Cuba over the weekend, both nations receiving warnings from their meteorological entities. The Bahamas was affected by severe thunderstorms.  In fact, an area of the Carnival Freedom Cruise Ship, which was 20 miles off Eleuthera, Bahamas, caught fire and reports say it was possibly due to a lightning strike.  Fortunately no lives were reported lost.

Meanwhile, Cuba had intense rainfall and hailstorms, resulting in damage to surrounding areas, thousands left without electricity amid fallen trees and Flash Floods.

 

Continue Reading

FIND US ON FACEBOOK

TRENDING