The Bahamas Investor

...ut subsidies to the island by more than 50 per cent, according to Minister of State for Investments Khaalis Rolle who said that new development would encourage an economic upswing on the island. Last month, the government signed an agreement with the Hutchinson Group and Sunwing Travel Group under which the Reef Village at Lucaya will reopen as a five-star resort and Sunwing will begin operating flights between Freeport and Canadian destinations.......

...their potential as drivers of the Bahamian economy, according to Minister of State for Investments Khaalis Rolle. The Minister said that the government is developing an SME development framework in collaboration with the Bahamas Chamber of Commerce and Employers’ Confederation , as well as the Inter-American Development Bank . The framework will help SMEs with access to financing, as well as business and technical support services. Minister Rolle......

...11, 2012. (BIS photo Letisha Henderson) Hope Strachan sworn in as Minister of State in the Ministry of Transport and Aviation during an Appointment Ceremony of Cabinet Ministers at Government House May 11, 2012. (BIS photo Letisha Henderson) Khaalis Rolle sworn in as Minister of State for Investments in the Office of the Prime Minister during an Appointment Ceremony of Cabinet Ministers at Government House May 11, 2012. (BIS photo Letisha Henderso......

...eeting in Malta, and the Climate Change Summit in Paris, attended by Heads of State from across the globe, the Prime Minister and his delegation spent two days in London last week, engaged in vital and fruitful discussions with major investor groups in The Bahamas. We took the opportunity of holding frank, timely and encouraging discussions with principals of the Hutchison Group headquartered in Hong Kong. This huge conglomerate is among the large......

Deputy Prime Minister and Minister of Finance Peter Turnquest said that capital is one of the important elements that the government is addressing to cultivate a “high growth economy” in The Bahamas. Speaking at the Billionaire Roundtable’s Jumpstart Our Business Start-Ups event at the Hyatt Baha Mar Convention Centre June 29, 2017, DPM Turnquest said the government must ensure that it continues to build capital locally, while also attracting cap......

...nister to build on this relationship, as we will signal with the execution of Heads of Agreement between my Government and Club Mediteranee and Sand and Ocean Investments Limited as an added partner, a ninety (90) million refurbishment and expansion project at Columbus Isle Village and on adjacent land in San Salvador. In this regard I most warmly welcome Mr. Xavier Mufraggi, CEO of Club Med, and Mr. Jean Marc Daigle, Principal of Sand and Ocean I......

...Investor on our Asia trip to help us tell the story of The Bahamas,” said Minister of Financial Services Ryan Pinder prior to his departure. “Doing business in The Bahamas is a new concept for the Asian market. The Bahamas Investor is really a top quality showpiece of the different aspects of The Bahamas.” Pinder carries the magazine to events worldwide, including conferences, forums and meetings in Brazil, Uruguay, Mexico and North America, spec......

...ice of the Attorney General; Radhanath Housden, Head of Automatic Exchange of Information Unit for the Global Forum Secretariat, OECD; Allyson Maynard Gibson, Senator, Minister of Legal Affairs and Attorney General; Monica Bhatia, Head of the Global Forum Secretariat, OECD; Hope Strachan, Minister of Financial Services; Antionette Bonimy, Director of Legal Affairs, Office of the Attorney General; and LaTonia Symonette-Tinker, Financial Services Co......

...Sidney Poitier (centre), at a dinner in Sir Sidney’s honour, with Minister of Foreign Affairs and the Public Service Fred Mitchell. (Photo Courtesy BIS) The event was attended by the Minister of Foreign Affairs and Immigration Fred Mitchell, former basketball player and actor Rick Fox, former Los Angeles Lakers legends John Salley and Bahamian Mychal Thompson, as well as Deputy Prime Minister and Minister of Works and Urban Development Philip Davi......

...ovator’s Marketplace”, a component of the conference designed to provide a forum for emerging companies in biotech/life sciences, virtual reality, blockchain, Fintech, quantum computing and other cutting-edge industries to pitch their ideas to investors and attendees in 45-minute presentations. Pictured: Deltec International Group chairman Jean Chalopin welcomes over 300 thought leaders, regulators, emerging companies and financial services profes......

...nor General, right, poses for an official photo with Yang Jiechi, Minister of Foreign Affairs of the People’s Republic of China, during a courtesy call at Government House October 21, 2011. (BIS Photo/Derek Smith) NASSAU, The Bahamas – Ties between The Commonwealth of The Bahamas and the People’s Republic of China were further strengthened last week during the visit of Yang Jiechi, Minister of Foreign Affairs, October 20-21, 2011. Yang paid courte......

...ald, Grand Bahama Minister Dr Michael Darville and Hope Strachan, Minister of State in the Ministry of Transport and Aviation were all in attendance for the official opening and applauded Svitzer for their efforts. Dr Darville noted that the investment means that Grand Bahama will now be home to the latest navigation simulator stations used to train marine pilots and tugboat captains from around the world by exposing them to real-life situations i......

...itration in The Bahamas took effect on 1st October, 2015 when the Minister of Foreign Affairs, The Hon. Frederick Mitchell, along with Mrs. Bertha Cooper-Rousseau met with H.E. Hugo Sibliesz, Secretary General of the Permanent Court of Arbitration, to discuss The Bahamas becoming a State Member of the Permanent Court of Arbitration. I am pleased to advise that we are in the advanced stages of satisfying the necessary procedural steps for The Baham......

...he same issues that had been a major impetus to its creation–the smallness of states within the region hindering economies of scale, specialization and a competitive position in the global economy–have perpetuated. Progress has been slow in key areas, despite CARICOM spearheading a regional approach on matters such as trade negotiations, and the formation of institutions intended to achieve consensus on regional issues and policies, such as counci......

...ll and medium businesses in Grand Bahama. To this end, I am delighted to inform of the pending establishment of a Small Business Development Centre in Grand Bahama, attached to the University of The Bahamas, supported by the Ministry of Finance.” “In that Small Business Centre, we expect that all of the resources necessary for a small and medium-sized enterprise to go from concept to obtaining a license, to operation, will be available. We also wo......