The Bahamas Investor

...ied, which may require new regulations and laws.” He said the transformed, state-of-the-art Nassau Cruise Port will be situated at the historic Prince George Wharf. The Prime Minister also emphasized that Prince George Wharf will remain wholly-owned by the government. He said: “The new world-class port will include a new terminal, a waterfront park, a harbour village, new inner harbour, amphitheatre, Junkanoo Museum, shops, restaurants and an impa......

...nancial Services, Trade and Investment, and Immigration Elsworth Johnson delivered remarks during a luncheon hosted by the Chartered Institute of Arbitrators last week. The event was held at Luciano’s Restaurant July 18, 2019. The Minister was invited to the luncheon to state the country’s position on arbitration as the government moves to create an arbitration centre on Grand Bahama in the near future. The Institute’s 2019 Executive committee was......

...concessions to east and west Grand Bahama. Michael Darville has been named Minister for Grand Bahama. “The Minister for Grand Bahama will engage in wide-ranging discussions with the various stakeholders in Grand Bahama, as well as with other government ministries to advance our priority of restoring the economy of Grand Bahama.” “This will entail an evolving process as we go forward and the ministry’s organization and budget allocation will evolve......

...ing. Minister Symonette and his team promoted and networked with over 320 industry experts worldwide.......

...the House of Assembly, Wednesday, May 29, 2019, Deputy Prime Minister and Minister of Finance Peter Turnquest highlighted key fiscal prospects for the upcoming budget year, and future prospects for the medium term horizon. DPM Turnquest said the government’s estimates for the 2019/20 Budget are framed within the projected outcomes of the 2018/19 fiscal year and the current and projected economic climate. “Although the economy is expanding, the re......

...art of the 21st conclave, at the British Colonial Hilton. Bahamas Minister of Foreign Affairs Darren Henfield chaired the sessions comprising CARICOM foreign ministers, senior officials of the Organization of Eastern Caribbean States (OECS ), senior foreign affairs and international representatives. Secretary General of CARICOM Irwin LaRocque also attended. Minister Henfield said: “I believe that this conference was a grand success and we were abl......

...th predictable terms. This is a big sandbox and some of us have to get out of our comfort zones.” “The country must regard itself as a global entity. In no sector can we afford to be insular. We must see ourselves as global participants. The Bahamas cannot defend its own trade interests if it does not have a seat at the table.” The WTO bid is currently undergoing industry consultation and the Minister asked BCCEC members to contribute, saying: “Yo......

Pictured: Chairman of CARICOM Andrew Holness, Prime Minister of Jamaica. (BIS Photo/Yontalay Bowe) The 39th Regular Meeting of the Conference of Heads of Government of the Caribbean Community (CARICOM ) got underway with a clarion call for greater Caribbean integration among the 15 member-states and associates. The high-level summit is being held July 4-6 in Montego Bay Convention Centre, Jamaica. Prime Minister Dr Hubert A. Minnis is heading The......

...Minister for Grand Bahama Kwasi Thompson delivered a keynote address at the recent ID Cyber Security Conference held in The Bahamas. “It is predicted that 38.6 billion devices will be connected by 2025, and 50 billion by 2030. In 2019, the number of devices connected is more than twice the size of the world population. Let this sink in.” Read/download his full address here: CYBERSECURITY SPEECH, MINISTER J KWASI THOMPSON......

...mas Association of Compliance Officers (BACO ) made a courtesy call on the Minister of Financial Services and Local Government Hope Strachan, February 23, at the Ministry of Financial Services. Pictured: (from left) Financial and Trade Officer (Ministry of Financial Services) Kendrick Anderson; Immediate Past President (BACO) Shasta Treco-Moxey; Financial and Trade Officer (Ministry of Financial Services) Khaliah Brown; Consultant (Ministry of Fin......

...hould all follow if we want to build up the region,” he told a mixed crowd of foreign travel operators, local media, industry partners and paying guests. Prime Minister Holness was impressed with what he had seen. “I commend the Sandals brand for ensuring the products they bring to market preserve the environment, to ensure that the current generation can benefit from it and future generations can enjoy it.” Celebrations followed the ceremony with......

...inister Pinder said that he has been in discussions recently with a number of Ministers within the region on building ties and strengthening trade between respective countries and utilizing the value-added strategy. “The focus of these discussions was to determine the strength of expertise in each country, be it agriculture, raw materials for refinement, logistics or ease of access to the international markets.” “Within the context of the value-ad......

...mplete by value,” announced Stuart Steeves , president and chief executive officer of Nassau Airport Development Co (NAD). “The Stage III work is 100 per cent contracted and began in the beginning of May 2012. Total project work, all three stages, is 75 per cent complete by value with the total project expected to be completed, on schedule and on budget, in November 2013.” The project’s Stage I was the US Departure Terminal, which was completed in......

...ommonwealth Local Government Forum in Kampala, Uganda. He led a delegation of 17 persons, inclusive of 14 local government practitioners from 13 local government districts. Speaking in the Diplomatic Lounge at the Lynden Pindling International Airport, Minister Gray said a number of issues were discussed, including women and young people’s involvement in local government, and for the first time in history, a Bahamian woman presented a paper at suc......

...a, Guyana, Jamaica, Saint Lucia, Suriname, and Trinidad and Tobago. The exchange will run from Monday to Friday this week.......