The Bahamas Investor

...determining financial worthiness, this is also a condition and requirement for our resilience,” said Prime Minister Minnis. “The Bahamas is a testament to the ability of SIDS to manage debt despite such external setbacks.” Prime Minister Minnis said that in the context of the global climate emergency, he was not only speaking on behalf of the Bahamian people but it was also his responsibility as a citizen of a vulnerable state to speak on behalf o......

...volunteer groups coming in and seeking ways to assist in the restoration efforts. Minister Thompson said that the invitations to assist and the volunteers coming in from out of town has been tremendous. “The Prime Minister himself noted that one of the best ways that a person can show his/her way of bringing relief is to continue to do business with The Bahamas,” said Minister Thompson. “So, Carnival’s commitment to continue to bring cruise ships......

...ase note that Canada, with its 12 per cent increase, is by far our best performing market in 2018.” Minister D’Aguilar said the US continues to be the leading source market by sheer volume with arrivals up by a “healthy” 7 per cent. “This is due in part to new and expanded airlift from major U.S. carriers such as Delta and American Airlines, strengthening our connections to the key markets of New York, Miami, Charlotte, Atlanta and Chicago.” Stopo......

...e $10 million Eco-Oil marine environment services development in Freeport. Minister of State for Grand Bahama in the Office of the Prime Minister Kwasi Thompson has said that Eco-Oil joins the growing list of foreign and local direct investors showing confidence in Grand Bahama’s local economy, with its initial investment of $10 million during construction and operation phases. Minister Thompson’s remarks came during the official launch and ground......

...Gardiner, COO/PMDU; Marie-Claude Bibeau; Prime Minister Minnis; Laurie Peters, high commissioner-designate of Canada; and Justine Lesage, press secretary for the Minister of International Development for Canada. (BIS Photo/Yontalay Bowe)......

...tion of investment possibilities in The Bahamas – ranging from tourism, to financial services, to technology, aquaculture, to renewable energy, nanotechnology and other emerging industries. “Our aim is to promote a new Bahamas, open to investment, with joint partnerships with Bahamians and streamlined processes for investors, including potential investors from the diaspora,” Prime Minister Minnis said. “I am optimistic and confident that greater p......

...or government officials to the two-day meeting (February 18-19), including Minister of Foreign Affairs Darren Henfield; Reuben Rahming, Bahamas Ambassador to CARICOM States; and Travis Robinson, MP. Discussions on the meeting’s agenda include security, blacklisting and border issues. The Prime Minister of Canada, Justin Trudeau, will address CARICOM leaders as a special guest. Prime Minister Minnis will meet with Prime Minister Trudeau on the marg......

...ing is Minister of Tourism Obie Wilchcombe. (BIS Photo/Peter Ramsay) Prime Minister and Minister of Finance Perry Christie announced, 7 March, 2017, that Royal Caribbean Cruises Ltd –>, with the approval of the Bahamas government, is poised to expand operations by constructing a “world-class” cruise port at Coco Cay, which is part of the Berry Islands. “Royal Caribbean Cruises had approached the government with the idea to construct a fixed pier a......

...l of this.” Pictured: Prime Minister of The Bahamas Dr Hubert Minnis (centre right), along with Deputy Prime Minister Peter Turnquest (centre left), Minister of EducationJeffrey Lloyd (eighth left), Minister of Transport and Local Government Frankie Campbell (fifth right) and Minister of State for Grand Bahama Kwasi Thompson (sixth right), along with other government officials and senators stand with some of the conference presenters and internati......

...ise to the challenge, to prepare themselves and to work hard to achieve for themselves and their families,” he said. Davis is the Member of Parliament elect for Cat Island, Rum Cay and San Salvador. Philip Edward Davis (left) signs documents during a ceremony to mark his appointment as Deputy Prime Minister and Minister of Works and Urban Development as Governor General Sir Arthur Foulkes looks on. (BIS Photo/Letisha Henderson) From left: Bernadet......

...d Aviation Minister Glenys Hanna Martin; Tourism Minister Obie Wilchcombe; Minister for Grand Bahama Michael Darville; Education Minister Jerome Fitzgerald; and Khaalis Rolle, Minister of State for Investment in the Office of the Prime Minister. Chairman Symonette told the media that his company intends to establish “a local port, but eventually lead to the opening up of the northeast Bahamas. By that I mean direct service to Sandy Point, Abaco; N......

...the local economy. “Overall our financial position is stable,” said Chris Ryan, VP of finance and chief financial officer at NAD, which operates Lynden Pindling International Airport. During its last fiscal year, NAD completed the third and final stage of a $409.5 million redevelopment at the airport under the watch of the company’s first Bahamian president and CEO, Vernice Walkine (pictured). The project was built on time and under budget. With......

Minister of Financial Services Ryan Pinder toured the Airport Industrial Park (AIP) on New Providence last week, taking the opportunity to highlight government efforts to support manufacturers. “One thing we are looking to do as a government is to come up with a plan for manufacturers, because manufacturers are high energy users and it’s a big cost item for them. Where we can we will amend any necessary legislation to allow a certain portion of s......

...esentations organized by the Bahamas Institute of Financial Services (BIFS) . The event runs until May 16 and also featured speeches by Minister of Financial Services Ryan Pinder and director of trade in the Ministry of Financial Services Vianna Gardiner . cmorris@dupuch.com......

...The conference took place March 31-April 2 and was held at the British Colonial Hilton , Nassau. Prime Minister Perry Christie delivered the keynote address and delegates also heard from Minister for Financial Services Ryan Pinder. The event was sponsored by the Caribbean Export Development Agency and welcomed attendees from across the region. cmorris@dupuch.com......