Minister of Tourism Obie Wilchcombe says that Grand Bahama is seeing a rebound in tourism on the back of cruise and ferry services from the US.
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NASSAU, Bahamas, May 2016 /PRNewswire/ — The second annual Bahamas Junkanoo Carnival presented by BTC was an extraordinary success, said Bahamas National Festival Commission (BNFC) Chairman Paul Major.

“We invested heavily to ensure there was a perfect dose of music, culture and vibes. That investment paid off in a big way. Inside Da Cultural Village during the day we had Rake n’ Scrape, interactive cultural demonstrations and the first ever Junkanoo Carnival Regatta. Every night we had Bahamian and international entertainers electrify the thousands of patrons. And on Saturday, the Road Fever Parade and Aftermath concert provided a fantastic end to the three-day event,” said Major.

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The IDB Group and Civil Society Organizations’ representatives from 7 Caribbean countries (The Bahamas, Barbados, Guyana, Haiti, Jamaica, Suriname and Trinidad & Tobago) will meet on June 1st in Nassau, The Bahamas.

The forum will be hosted by the Vice President for Countries, Alexandre Meira da Rosa with the special presence of high Government authorities and leaders of civil society and other development actors to discuss key economic and social trends and challenges for the region under the perspective of Sustainable Growth.

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Minister of Tourism Obie Wilchcombe said recently that he is not afraid of growth in Cuba’s tourism industry and projected further growth in the local market.

“I don’t worry about the competition, I let the competition worry about me,” he said as he addressed a District Rotary Conference at Atlantis Paradise Island.

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A fast growing captive insurance sector and a plan to provide free healthcare to all Bahamian citizens demonstrate the major changes in the country’s insurance industry, finds a new report from Timetric’s Insurance Intelligence Centre (IIC).

The industry grew at a CAGR of 4.7 per cent during the review period (2010-2014) mainly due to the expansion in both the domestic and external insurance sectors.

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With the exception of Barbados, a few countries in Europe and just one country in Africa, The Bahamas is one of the few sovereign states that still observes Whit Monday as a public holiday.

The staff at The Bahamas Investor would like to wish all our readers a happy holiday weekend.

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Bahamas Foreign Minister Fred Mitchell was among a delegation that travelled to Kingstown, St Vincent and the Grenadines, this week to meet with other CARICOM Foreign Ministers.

Caribbean Community (CARICOM) Foreign Ministers met to discuss national and regional issues.

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Representatives of the Bahamas China Friendship Association paid a courtesy call Dame Marguerite Pindling, governor general, at Government House May 6, 2016.

Atlantis Paradise Island has donated around 100 mangrove plants to the Bahamas National Trust’s (BNT) youth arm – the Discovery Club – for a project to restore mangrove wetlands on New Providence and several Family Islands.

Atlantis through its Water Features Department, has for years assisted the BNT with both mangrove and coral reef restoration projects.

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