Prime Minister Dr Hubert Minnis was the guest speaker at the Austin Technology Council/Texas Association of Business forum, Austin, Texas, January 22, 2018.

The Prime Minister and a high-level delegation are currently visiting Texas to identify foreign investment and business opportunities.

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Prime Minister Dr Hubert Minnis was the guest speaker at the Austin Technology Council/Texas Association of Business forum, Austin, Texas, January 22, 2018.

The Prime Minister and a high-level delegation are currently visiting Texas to identify foreign investment and business opportunities.

Read the Prime Minister’s address here:

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The government of The Bahamas has said it will “respond aggressively” to recommendations made by the Ease of Doing Business Committee in an effort to address the global outlook on ease of doing business in The Bahamas.

The Ease of Doing Business Committee was appointed last year by Prime Minister Dr Hubert Minnis after a 2017 World Bank Annual Report listed The Bahamas as 119 out of 190 countries for ease of doing business.

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Speaking at the Bahamas Business Outlook Seminar held in Nassau last week, Central Bank of The Bahamas Governor John Rolle laid out the bank’s proposed path to exchange control liberalization.

Read/Download the governor’s address here:

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The implementation of the Commercial Enterprises Act will assist Bahamians at home “and in the diaspora abroad” in the creation, and development, of small and medium-sized businesses, Prime Minister Dr Hubert Minnis said yesterday.

The Act was passed in the House of Assembly on November 22, 2017 and in the Senate on December 4, 2017.

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Prime Minister Dr Hubert Minnis and a high-level delegation departed January 21 for Austin and Houston, Texas.

While in the US, the delegation will meet with local officials and businesspeople in an effort to bolster investment links.

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Earlier this week, Minister of State for Grand Bahama Kwasi Thompson hosted investors Philip Ward and Mike Hayhurst, developers of a series of village-styled homes on marina-front lots in Deadman’s Reef that will be known as Seaward Fishing Village.

“We’re pleased to announce that they have already set out to engage local Bahamian contractors and purchase many of the materials locally,” said Minister Thompson.

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NEWTON, Massachusetts, January 2018 /PRNewswire/ — Southworth Development, the Boston-based company specializing in the development of residential resort real estate communities, announced today that it has assumed 100% ownership of The Abaco Club on Winding Bay. Southworth purchased the interest of the member-investor group that originally partnered with the company to acquire the club from Marriott Vacations Worldwide, which had operated the property as a Ritz-Carlton Club location, in December 2014.

The Abaco Club, which is located on Great Abaco Island, is a private club community featuring luxurious island homes, a 2.5-mile white-sand beach, the No. 1 golf course in The Bahamas, and a host of other five-star amenities.

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The Office of the Prime Minister, Grand Bahama, has released a press statement about developments on the island and the impact they will have on the local economy.

Here follows the statement:

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The Bahamas has joined a regional renewable energy initiative and has signed the Agreement Establishing the Caribbean Centre for Renewable Energy and Energy Efficiency (CCREEE).

Darren Henfield, Bahamas Minister of Foreign Affairs, signed the agreement on behalf of the government of The Bahamas within the margins of the 41st Community Council of Ministers held at the Caribbean Community (CARICOM) Secretariat in Georgetown, Guyana 15 January 2018.

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