National News

OFCs, How accurate is your Watch List??

Integrity, Seniority and Competence What is an OFC in reality? The traditional concept of constituted an offshore financial centre (OFC) has been challenged and the definition broadened to include countries, which do not traditionally bear this label. Although the term "offshore financial centre" is often used to exclusively describe smaller financial centres, which are geographical island nations, in reality, "offshore" is a concept more appropriately defined not by whether a financial centre is large or small, but by whether the financial service is provided to a client residing outside of the supplying jurisdiction. More..

RIU holding job fair

Seeking Bahamians to fill key 25 positions By MINDELL SMALL,Guardian Staff Reporter mindell@nasguard.com The soon-to-be-opened RIU Hotel on Paradise Island will be holding a major job fair at the Kendal G.L. Isaacs Gymnasium on Monday. The company is seeking to recruit suitable Bahamians to fill 25 key positions that will be available on Dec. 18, the day the resort is scheduled to open. More..

Carnival to restore Cousteau's research ship Calypso

By Samantha Zee Nov. 18 (Bloomberg) – Carnival Corp., the world's biggest cruise line, will pay $1.3 million to help restore the Calypso, the research vessel sailed by the late Jacques-Yves Cousteau. Miami-based Carnival said in a statement distributed by PR Newswire that it and the Cousteau Society have agreed that the restored Calypso will become an exhibit and center for science and the environment. Cousteau, who died in 1997, was an underwater explorer, documentary filmmaker and writer. More..