The Bahamas Investor

...e today, with 3 of my Cabinet colleagues, the Hon. Fred Mitchell, Minister of Foreign Affairs and Immigration, the Hon. Shane Gibson, the Minister of Labour and National Insurance and the Hon. Hope Strachan, my most recent Cabinet appointment, the Minister of Financial Services is testimony to the commitment of The Bahamas to be an active players in the international arena. Each of us as representatives of The Bahamas by design, are here in Geneva......

...ster Obie Wilchcombe was the featured speaker at the Commencement Exercise for the Grand Bahama Academy of Seventh-Day Adventists June 14, 2015. Twenty-four persons graduated during the ceremony, which took place at the Our Lucaya Resort. Minister Wilchcombe said he was pleased to participate in the event and noted the graduates’ achievements. He reminded the students that they can become anything their heart desires once they have the right attit......

...er, the BEST Commission, the Ministry of Tourism, Customs and Immigration, Office of the Attorney General, Fisheries and the National Emergency Management Agency (NEMA). She said the ship is not being penalized at this time, unless the Attorney General’s Department can show that assessments have been ascertained to attribute environmental damage resulted from the oil spill. She said so far, no health and safety regulations have been violated and t......

...rtunity of approving during my first term in office.” “It has raised the profile of The Bahamas by attracting North American, European and other international financial, entertainment, sports and business leaders to live and play there with their families.” He said Baker’s Bay Golf and Ocean Club is a viable entity, as it has invested to date some $385 million, and employs over 400 persons. “Recently I had the opportunity of touring this environme......

...l Expenditure at a level of $363 million, down $37 million from the Budget forecast of $400 million. “These actions will compensate for the slippage in Recurrent Revenue this year and keep the GFS Deficit target on track.” He explained the government’s plan features determined and sustained action in respect of Recurrent Expenditure over the next four fiscal years, designed to reduce it by four full percentage points of GDP by 2016/17, at a steady......

...ddresses the 11th Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes in Uruguay November 20. (Photos courtesy BIS) Deputy Prime Minister and Minister of Finance Peter Turnquest is attending the 11th Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes in Punta Del Este, Uruguay November 20-22. Turnquest was invited to participate in a high-level panel discussion on the “Role......

...pment (OECD). Our imperative from the OECD includes the automatic exchange of information consistent with a new global standard or common reporting standard (CRS) rather than by request which is of course the existing standard for the Bahamas. Mr. Speaker, The Bahamas is a well established, well regulated, fully compliant jurisdiction and we intend to stay that way. We are serious about our commitment to the OECD and our global partners to exchang......

...n Maynard Gibson, Senior Advisor to the Prime Minister Sir Baltron Bethel, Minister of Tourism Obie Wilchecombe, Minister of Education, Science and Technology, Jerome Fitzgerald and Minister for Grand Bahama Dr. Michael Darville. Pictured: Prime Minister Perry Christie (centre) with Pierfrancesco Vago, Executive Chairman of Mediterranean Shipping Company (MSC) Cruises September 1, 2016. Minister of Tourism Obie Wilchecombe is at left. (Photo court......

...r-Symonette (left), and project manager Tanya Murray. (Photo courtesy BIS) Minister of Financial Services, Trade and Industry, and Immigration Brent Symonette and ministry staff attended The Society of Trust and Estate Practitioners (STEP ) Miami Annual Summit June 1 in Miami, Florida. Minister Symonette and ministry delegates engaged fellow attendees on topics with respect to investing and doing business in The Bahamas. The summit attracted appro......

...Minister of Financial Services, Trade, Industry and Immigration Elsworth Johnson attended a Mass General Staff Meeting held in Freeport, Grand Bahama August 19, 2019. The Minister was accompanied by his permanent secretary, David Davis and director of Bahamas immigration Clarence Russell. During the meeting, Minister Johnson laid out his mandate for the Ministry moving forward.......

...rds Presentation, at Melia Nassau Beach resort, October 5, 2019. Pictured: Minister of Financial Services, Trade & Industry and Immigration Elsworth Johnson gives remarks at the Bahamas Institute of Financial Services 43rd Awards Presentation, at Melia Nassau Beach resort, October 5, 2019. (BIS Photo/Raymond A Bethel Sr) Pictured: BIFS award-winners at the Bahamas Institute of Financial Services 43rd Awards Presentation, at Melia Nassau Beach reso......

...of Commerce Jeffrey Beckles; Ambassador to the United Arab Emirates & The State of Qatar Tony Joudi; CEO, Gonet Bank, Nicholas Gonet; Deputy Prime Minister and Minister of Finance Peter Turnquest; Executive Chairman of The Board of Gonet Bank Patrick Feuz; CEO/Executive Director, Tourism Development Corp Janet Johnson; Managing Director, Gonet Bank, Ahmed El Shahawy; Senior Advisor at the Office of the Prime Minister Joshua Sears; and Consultant......

...state Practitioners (STEP ) Bahamas Branch members paid a courtesy call on Minister of Financial Services, Trade & Industry and Immigration Elsworth Johnson at the Ministry October 31, 2019. Pictured: Society of Trust and Estate Practitioners (STEP) Bahamas Branch members pay a courtesy call on Minister of Financial Services, Trade & Industry and Immigration Elsworth Johnson at the Ministry October 31, 2019. Pictured from left: Permanent Secretary......

...Rule Day a national holiday. Deputy Prime Minister Philip Davis; Minister for Foreign Affairs and Immigration Fred Mitchell; Minister of Tourism Obie Wilchcombe; other Members of Parliament; Senators; senior government officials; Dame Marguerite Pindling; and co-chair, National Independence Committee, Charles Carter attended the launch. The Prime Minister said the theme for the year of celebrations would be “The Bridge to the Future… The Journey......

...elgium,” the Prime Minister said. Ambassador of The Bahamas to the Kingdom of Belgium and Head of Mission to the European Union Maria O’Brien met with Prime Minister Minnis and The Bahamian delegation at the embassy. Pictured: Ambassador of The Bahamas to the Kingdom of Belgium and Head of Mission to the European Union Maria O’Brien (left) chats with Prime Minister Minnis at The Bahamas Embassy Brussels, Belgium November 12. (BIS Photo/Yontalay Bo......