bahamahead.gif - 33760 Bytes

 

[Home Page]
A Special International Report Prepared by The Washington Times Advertising Department - Published on March 29, 2000

dot.gif (35 bytes)

Advertisers

 Dupuch & Turnquest & Co.

 Cable Bahamas

 Bahamas Investment Authority - Light Industry

 Hotel Corporation of The Bahamas

 The Bahamas Maritime Authority

 Dockendale Shipping Company Limited

 Clipper Group

 The Central Bank Of The Bahamas - Financial Services Board

 The Islands Of The Bahamas

 Bahamas Telecommunications Corporation (BaTelCo)

 Bradford Grand Bahama

 Motherwell Bridge Bhicam Limited

 Lloyd Werft

 The Grand Bahama Development Company

 Hutchison Port Holdings Group

 Bahamas Investment Authority - Investment Opportunity

 Securities Commission of The Bahamas

 The Central Bank of The Bahamas

dot.gif (35 bytes)

pubseal.gif (1985 bytes)

A Special International Report Prepared by The Washington Times
Advertising Department
dot.gif (35 bytes)

Written by:
Jessica Wilt
Marketing Director:
Nadira Ullyett
dot.gif (35 bytes)

For more information, call
The Washington Times International Advertising Department
at (202) 636-3035
(202) 635-0103 fax
e-mail: natlad@wt.infi.net

Director, International Business Development
Carl Hagen
Production Supervisor:
Jill Koehler
Graphic Designer:
Ann Englehart
Website Design:
Earl Murton Associates, LLC

Copyright © 2000 News World Communications, Inc.

dot.gif (35 bytes)

The peaceful revolution of politics in The Bahamas

The Bahamas has been a parliamentary democracy for over 270 years.

In the last forty years, The Bahamas had undergone the peaceful transition from self-rule to independence.

In 1964, the country gained internal self-government rule under the British Government. The late Sir Roland Symonette was named Premier.

In 1967, The Bahamas elected its first black majority party government with Premier Lynden O. Pindling at the helm and his Progressive Liberal Party (PLP) winning the majority of the seats. The Pindling administration and PLP remained in power and retained a political monopoly on the country for 26 years.

Under Pindling's administration, The Bahamas achieved independence from British Rule. On July 10, 1973, it became a free and sovereign Commonwealth and began the arduous process of making a place for itself in the international community.

Prime Minister Hubert Alexander Ingraham and his FNM government were elected in 1992 with more than 55 percent of the votes. Due to their progressive contributions to The Bahamian economy, Ingraham and the FNM were re-elected in 1997 and will remain in power until 2001.

dot.gif (35 bytes)

Table of Contents

The Bahamas: An established tourism and tax-free financial services center experiences a renaissance

Slated for an April opening, Bahamas Stock Exchange to be a leader in its class

New e-commerce center will make Freeport a global financial hub

The peaceful revolution of politics in The Bahamas

Financial Services Board promotes government-private sector collaboration in the financial services sector

BEC meets development demands and prepares for privatization

The Bahamas responds to OECD report on harmful tax competition

The Bahamas blend experience and new regulations to offer strong offshore financial services

New investments revive the tourism industry in The Bahamas

The Outer Islands: The future of a nation

The Hotels Encouragement Act provides a number of incentives for investors

The Family Islands Development Act

Islands for sale

Bahamasair gets new management team to improve service

Business as usual after Hurricane Floyd

The Bahamas emphasizes importance of environment with establishment of new ministry

Agricultural sector is ripe for growth

Agricultural Manufactories Act

Nassau is attractive location for shipping companies to locate headquarters

Maritime Authority grows ship registry to 3rd largest in the world

Ship registration fees

Grand Bahama Island: A destination reborn

Home ownership on the rise, with a focus on second homes

The renaissance of Grand Bahama Island: Asleeping beauty awakens

Hawksbill Creek Agreement helped begin Freeport

Bahama Rock Ltd. helping to develop the port area

Lloyd Werft invests $70 million in new ship-care facility

Economic impact analysis

Bradford Marine invests in mega-yacht and ship-repair facility in Freeport Harbour

Freeport Harbour tripling space and upgrading terminal

Freeport Container Port continues to expand to meet global business demands

FCP attracts Bhicam, among other companies

Freeport Power Co.: Committed to attracting investment by offering first-rate service

Multimillion-dollar hotel investments breathe new life into Grand Bahama

Focus on light manufacturing to diversify economic growth

Freeport International Airport to get a multimillion-dollar expansion and face-lift

Telecommunications corporation to be ready for privatization by year's end

Investment guidelines