Here follows the opening remarks by Perry Christie, Prime Minister of The Bahamas and chairman of the Conference of Heads of Government of CARICOM at the Caricom-US summit Kingston, Jamaica April 9, 2015:

Mr President, I join my colleague and our host, the Prime Minister of Jamaica, in welcoming you to the Caribbean and this discussion with the Leaders of our Caribbean Community (CARICOM).

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Based on preliminary economic indicators, the Bahamian economy maintained a mild growth trajectory during the review month, aided by an improving tourism sector performance and ongoing foreign investment-led construction activity. Price developments featured some firming in average consumer prices in January, following the implementation of the new Value Added Tax (VAT) regime, which also boosted tax revenues. However, the overall fiscal deficit for the seven months, through January, of FY2014/15, widened on account of higher spending. In the monetary sector, receipts from real sector activities supported growth in both external reserves and bank liquidity.

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This is an excerpt from Central Bank of The Bahamas as it appeared on April 10, 2015. For updates or to read the current version of this post in its entirety, please click here.

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A Bahamian scientist and her Youth Coral Conservation Team are being featured in a major exhibition at the Natural History Museum in London.

The exhibition, Coral Reefs: Secret Cities of the Sea, includes 250 specimens from the Natural History Museum’s coral, fish and marine invertebrate collection.

Included in the exhibit is a six-minute documentary about the coral conservation work that Nikita Shiel-Rolle (pictured), chief executive officer and president of Young Marine Explorers has been conducting throughout The Bahamas.

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Luxury property auction firm, Concierge Auctions, has added the former executive vice president of marketing of L Brands and president of Victoria’s Secret Catalogue’s oceanfront estate in Freeport to its May 14 portfolio auction at the Trump SoHo hotel in New York City.

Currently listed for $13.8 million,
is located on 1.44 acres and includes 150 ft of private beach frontage.

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Nassau in The Bahamas has come top of a list of the most popular destinations to visit by private jet in the region, according to a high-profile international blog.
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Prime Minister Perry Christie is to meet with US President Barack Obama in Jamaica before heading to Panama to attend the Summit of the Americas at the end of the week.
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Cultural and sporting events to be held in The Bahamas this year are helping the nation to lead the way in the tourism industry in the region, according to an international tourism report.
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The site offers quick access to real-time flight information, easy navigation to frequently-used information and a responsive design adaptable to a wide range of mobile devices.

Jan Knowles, vice president of marketing & communications at Nassau Airport Development Co (NAD) said the website is the latest piece to an improved airport experience.

“We’re very proud of the new website and the improved online experience for our passengers. Based on analytics from our old site, we realized that a significant amount of traffic came from users on mobile devices. Now, the revised mobile site is clean, easy to navigate and very interactive.”

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The Potters Cay Dock area of Nassau is set to get a multi-million dollar refurbishment including pedestrian walkways, better lighting and signage, and the refurbishment of the historical military battery.
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Addressing more than 120 participants at the March 19 luncheon of the Miami Branch of Society of Trust and Estate Practitioners (STEP), Bahamas Financial Services Board (BFSB) chief executive officer Aliya Allen spoke of advantages of The Bahamas for Latin American clients.

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