The Bahamas Investor

...g 1.3 billion (July 2009) and places the country as number one in reserves of foreign exchange and gold, totalling $2.2 trillion (2009 estimate). China’s gross domestic product (GDP) according to the World Bank is estimated at $4.3 trillion (2008), with the National Bureau of Statistics putting annual GDP growth adjusted by inflation as high as 10.7 per cent for the first half of this year. With its coffers swollen and politics assuaged, China has......

...aming® announced today the grand opening of a brand new, 6,860 square foot state-of-the-art race and sports book at Atlantis. The new race and sports book at Atlantis offers patrons a stylish and sophisticated sports wagering environment, equipped with the latest in technological advancements, including Cantor Gaming’s proprietary wireless gaming system. Highlights include a 4 mm high definition indoor LED video wall, measuring 67 feet by 7.5 feet......

...nment prepares to roll out its wide-ranging tax reform programme, Minister of State in the Ministry of Finance Michael Halkitis today assured the financial community that the new regime will “meet the increasingly complex financial needs of our nation [and] underpin enhanced economic growth prospects for the future.” Speaking at today’s Money Laundering Reporting Officer (MLRO) Day, the Minister said the government was currently working on draft l......

.... Accompanying the Prime Minister are Obie Wilchcombe, Minister of Tourism, Sir Baltron Bethel, senior policy advisor and Joy Jibrilu, director of investments. The Prime Minister returns to Nassau on May 9.......

...articularly compliance and compliance officers. Thompson said coordination of efforts has been overlooked in the past. He expressed pleasure that policy makers, regulators and the private sector are all represented on the team. “I think coordination of efforts is important and together we will safeguard the industry and in the long run our country. That’s the point we’ve been missing over the years. The regulatory arm was working on one side and t......

Deputy Prime Minister and Minister of Finance Peter Turnquest welcomed the Association of Supervisors of Banks of The Americas XXI Annual Assembly and XIII High-Level Meeting at Grand Hyatt, Baha Mar, October 30, 2018. Here follows the welcome address from Deputy Prime Minister and Minister of Finance Peter Turnquest: Good morning, and welcome to The Bahamas. We are honoured to host this distinguished gathering of bank supervision executives from......

...the port of Nassau November 14, 2018. Senior government officials, led by Minister of Tourism and Aviation Dionisio D’Aguilar, officials of the Ministry of Tourism and tourism industry stakeholders and partners, were among those on-hand to welcome the Symphony of the Seas to the Port of Nassau. Minister of Health Duane Sands, Minister of Housing and the Environment Romauld Ferreira, and Minister of the Public Service and National Insurance Brensi......

...nternational spheres“. ~ F. Mitchell Remarks by Fred Mitchell MP, Minister of Foreign Affairs and Immigration, June 19, 2014, Washington DC: There are three people that I had hoped would have been able to be here. One is the Prime Minister and the other is the Deputy Prime Minister. They both had thought that it might have been possible to attend if one could not have. Unfortunately, the exigencies of the Parliamentary schedule made it impossible......

...n the mega Baha Mar resort redevelopment underway in Cable Beach. The transformation of Cable Beach promises to add another dimension to what we have to offer visitors to our island beginning in 2014. Additional public and private sector investments are coming together to spur on the revitalization of our historic City of Nassau. Our harbour has been deepened facilitating the berthing in Nassau harbour of the largest passenger cruise ships travell......

...ckchain and Cryptocurrency Conference was officially announced by Minister of State for Grand Bahama in the Office of the Prime Minister Kwasi Thompson during a press conference at Pelican Bay May 24, 2018. The conference, scheduled to be held June 20-22 at the Grand Lucayan , was described by Minister Thompson as, “our coming out party” for blockchain and FinTech. It is anticipated that representatives from 500 companies will converge on Grand Ba......

...vidence Investment and Development Co Ltd, and Asset Campus International. Minister of Education Jeff Lloyd said the ground breaking was a “giant” step forward in increasing the country’s capacity to stimulate economic and social growth through education. He added that the event was indicative of the valuable resources in the youth of the country, and commended the students who were an integral part of the planning phase of the complex. Among thos......

Fred Mitchell, Minister of Foreign Affairs and Immigration will lead a delegation to the 33rd Regular Meeting of the Conference of Heads of Governments of the Caribbean Community (CARICOM) to be held in St. Lucia July 4-6, 2012. Mitchell will be representing the Prime Minister, Perry Christie. Minister Mitchell is accompanied by State Minister for Finance Michael Halkitis; State Minister for Legal Affairs, Damian Gomez; and foreign service office......

...either loosening or tightening would be appropriate in the current circumstances. The team met with Perry Christie, Prime Minister and Minister of Finance; Obediah Wilchombe, Minister of Tourism; Kenred Dorsett, Minister of the Environment and Housing; Michael Halkitis, Minister of State for Finance; Wendy Craigg, Governor of The Central Bank of The Bahamas; and senior government officials, representatives of the opposition, private sector and civ......

...Dr Keith Mitchell; Dominica’s Prime Minister, Roosevelt Skerrit; and Prime Minister of The Bahamas Perry Christie. Ramotar said he does see not the US$3 billion in concessional loans from People’s Republic of China to the Caricom States that support the One China policy as an attempt to gain influence internationally. “I don’t think China has to gain influence. I think China is a powerful and influential country in the world and the question of wh......

...DC the team also met with Ambassador Luis CdeBaca who heads the Department of State’s Office that monitors and combats trafficking in persons globally. These meetings follow on the heels of two days of bilateral talks between the two countries in Nassau in December 2012, culminating in the signing of an Amended Letter of Agreement (ALOG) and support of $2 million through the Caribbean Basin Security Initiative (CBSI) . The Washington DC meetings w......