The Prime Minister of The Bahamas Dr Hubert Minnis attended the the 38th Regular Meeting of the Conference of CARICOM Heads of Government in Grenada July 4-6.

The government of The Bahamas will use smart technology to establish the archipelago as a smart country, beginning with the island of New Providence.

Addressing the opening session of the International Telecommunications Union’s Global Symposium for Regulators held at Atlantis Paradise Island, Prime Minister Dr Hubert Minnis outlined his government’s priorities as they relate to smart innovation.

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Here follows a July 12 statement by the Ministry Of Finance on Moody’s placing The Bahamas on review for a downgrade:

The Ministry of Finance takes note of the statement by Moody’s with respect to placing The Bahamas on review for a downgrade. This action, in itself, was not unexpected, given the undesirable state of the fiscal situation, as detailed in the government’s 2017/18 Budget Communication.

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The Bahamas celebrated 44 years of independence this week with an evening of music and entertainment followed by spectacular fireworks.
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Freeport, Bahamas, July 10th 2017 (Magnetic Media) – Ahead of government’s plans to roll out small businesses and employment opportunities in Grand Bahama, Labour Minister Dion Foulkes [pictured] took the opportunity to meet with Labour Unions and businesses. The visit is part of the mandate coming directly from Prime Minister Hubert Minnis, who has called on all members of cabinet to have a direct role in impacting and effecting the revitalization of job opportunities in Grand Bahama following Hurricane Matthew’s devastation last year.

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This is an excerpt from Magnetic Media as it appeared on July 11, 2017. For updates or to read the current version of this post in its entirety, please click here.

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Cloud Carib– a managed cloud service provider, with data centres in Nassau and Freeport in The Bahamas – is launching a newly rebuilt CaribPod data centre in Panama.

Cloud Carib has also announced service extensions into Barbados and Jamaica and additional regional sites planned in Trinidad, Cayman, and other locations before the end of this year.

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Today The Bahamas celebrates 44 years of independence and self-governance with a national holiday. The team at The Bahamas Investor would like to take the opportunity to congratulate the Bahamian people. The Bahamas Investor website has been taking a short break over the period, with posts returning to normal July 11. Have a great break!

Odyssey Aviation recently signed a contract with Island Industries (Bahamas) Ltd for the construction of a new hangar and ramp expansion.

The hangar features 200 ft clearspan allowing wide open interior hangar space to accommodate their clients aircraft.

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July 6 (RISMedia) – Engel & Völkers has expanded into The Bahamas, opening its third shop in the Caribbean, the company recently announced. Engel & Völkers Bahamas, a result of a union with Bahamas Waterfront Properties, will provide services to buyers and sellers of properties in Nassau/Paradise Island, Abaco Cays, The Exumas and Eleuthera/Harbor Island. The shop will be led by license partner Colin Lightbourn.

“The Bahamas is a significant market of interest for international buyers and investors and one that will greatly benefit from the strong referral network Engel & Völkers affords in the Americas and Europe specifically,” says Anthony Hitt, CEO of Engel & Völkers North America. “Colin and his experienced team are ideal partners to strengthen Engel & Völkers’ expansion in the Caribbean given their next-generation mindset and their intimate knowledge of the marketplace’s benefits and appeal, especially for high-end buyers.”

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