Read the Mid-Year Budget Statement 2014-15 as delivered by Prime Minister Perry Christie yesterday in the House of Assembly.

View or download a PDF of the statement here.

Hope Strachan, Minister of Financial Services, addressed a meeting of staff and partners of EY Bahamas at Atlantis Paradise Island, February 10, during which she outlined areas that will receive focused attention for the promotion, growth, and development of The Bahamas’ financial services sector.

In her address, Minister Strachan described measures to increase financial service competitiveness that included facilitation of continuing education and professional certification for high level positions throughout the industry, particularly in taxation and corporate finance.

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Pictured: (from left) Prime Minister Perry Christie, Minister of Financial Services Hope Strachan and Minister for Foreign Affairs and Immigration Fred Mitchell. (BIS Photos)

Prime Minister Perry Christie kicked-off the International Business and Finance Summit with an address at the CEO Dinner at the opening of the event February 5.

The four-day event was organized by the Bahamas Financial Services Board (BFSB) and was held at the Grand Lucayan under the theme: Creating a New Legacy.

During his address, the Prime Minister said it was important to improve and adapt to the environment and new challenges.

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Pure Silk-Bahamas LPGA Classic winner Sei Young Kim of Korea, with her trophy February 8, 2015. (BIS Photo/Patrick Hanna)

Rookie Sei Young Kim, 22, of Korea emerged the winner of the Pure Silk-Bahamas LPGA Classic, earning her the trophy and a $195,000 cheque.

Minister of Tourism Obie Wilchcombe pledged to continue the relationship with the Ladies Professional Golf Association in hosting the annual Pure Silk-Bahamas LPGA Classic over the next three years. He made the announcement during the closing ceremony of the tournament held at the Ocean Club Golf Course yesterday.

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Government representatives and entrepreneurs gathered yesterday to discuss investment and trade opportunities between The Bahamas and Panama in a push to build trade relations between the two nations. The theme of the two-day gathering is “Engaging Global Markets through Entrepreneurship, Investment, Trade and Tourism Platforms.”

It is being held under the auspices of the International Economic Investment & Trade Development Symposium (IEITDS).

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Fort Charlotte has been transformed for the second annual Rum Bahamas Festival. The food, beverage and culture festival will be held February 27th to March 1st.
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The Bahamas is being promoted as the premier destination of choice on the pro golf circuit, during the Pure Silk-Bahamas LGPA Classic running February 5-9 at the Ocean Club Golf Course.

Director general of tourism Joy Jibrilu was interviewed by the Golf Channel, during which she officially welcomed the women golfers and golf fans to The Bahamas, which will be showcased in 10 hours of live coverage.

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Public private partnerships (PPPs) will prove crucial to The Bahamas’ economic recovery, according to Prime Minister Perry Christie who this week said the country was “poised for a great jump forward”.

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Speaking at the Bahamas Business Outlook conference last week, Prime Minister Perry Christie said that performance levels in the tourism sector last year were “encouraging”, particularly in Grand Bahama, as the country experienced overall growth in its number one industry last year.

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