The Bahamas Investor

...ss; some are still plugging away. Here are some observations that may help financial services providers capitalize on the continually expanding wealth planning market in China. However, these are only observations and other strategies may also prove successful: 1. Increase your brand awareness in China People can be born rich; they are not, however, born with a comprehensive knowledge of the offshore world. Sure, rich people take holidays in offsh......

...rachan’s specific role will be to promote and sell HS Brands International services in The Bahamas and other Caribbean islands. HS Brands International is a leading mystery shopping services and loss prevention solutions provider. HS Brands International operates two distinct but complimentary divisions, Service Sleuth and The Mershimer Group. Each division can work independently or seamlessly together to improve customer experience and minimize l......

...lectronic backbone. If we do not do that, we will be underperforming.” The Minister said he is also keen to bring airline services online to make it easier for visitors to plan their trips. “We have eight domestic scheduled airlines that, by and large, are invisible [to the international market]. Once you can book electronically we will have made a substantial leap forward,” he explained. To further aid the tourism sector, Minister Vanderpool-Wall......

...recession, according to Minister Laing. “We have improved prospects in the financial services sector due to strategic targeting in Brazil and Asia,” he said. The Minister also said that the government was forecasting growth of 2.5 to 2.8 per cent in the country’s economy this year and expects to sustain those levels with a 2.4 per cent rise in 2013. He also said that The Bahamas debt to gross domestic product (GDP) ratio was 58 per cent, which was......

...Herbert Brown, Managing Director of the Public Hospitals Authority; Prime Minister Hubert Ingraham and Health Minister Dr. Hubert Minnis. Right picture: The first physicians to practice at the Rand Memorial Hospital upon its conception over 40 years ago. (BIS Photo/Sharon Turner) (L) Health Minister Dr. Hubert Minnis brings remarks. (R) Prime Minister Hubert Ingraham delivers the keynote address. (BIS Photo/Sharon Turner) Health Minister Dr. Hube......

...ealization of the government’s policy for visa-free travel for Bahamians,” Minister Mitchell added. China’s Vice Foreign Minister Xie said the agreement is a new step in the bilateral relationship of The Bahamas and China. “It will facilitate the people-to-people exchanges between our two countries. More and more Chinese visitors and investors will come to the beautiful Bahamas,” he said. Minister Xie said prior to signing the agreement he and Pri......

...has created five new jobs for Grand Bahamians.” Present at the event were: Minister of Tourism Obie Wilchcombe; Minister of State for Investments Khaalis Rolle; Kevin Seymour, president of the Grand Bahama Chamber of Commerce; and Peter Turnquest, deputy leader of the Free National Movement and MP for East Grand Bahama. Pictured: Prime Minister Perry Christie, was on hand to officially open Freeport’s newest insurance brokerage, Freeport Insurance......

...pment of human capacity through education and training. As a result, Prime Minister Minnis said he was pleased to note that the Grand Bahama campus of the University of The Bahamas is playing an active role in the summit. The Prime Minister encouraged the many students who attended the opening to explore careers in the fields of science, technology, engineering, mathematics and information technology. “Grand Bahama should be a place where Bahamian......

...m sports and culture to co-branding, major groups and romance tourism. The Minister said that the Tiger Woods Heroes Championship golfing event will be “the big event that will end the year,” adding that he expects “thousands of people to come.” Speaking of group events, the Minister said that delegates from the 43 countries that make up the Confederation of North, Central American and Caribbean Association Football (CONCACAF) will meet here in Ap......

...ality of our country in the aftermath of Hurricane Dorian,” said the Prime Minister. While Abaco and Grand Bahama were affected by Hurricane Dorian, the Prime Minister expressed confidence in the strength and diversity of the Bahamian tourism product. “The world is coming to The Bahamas for our spectacular natural beauty. But the world is also coming to experience our culture and heritage, including the visual arts, which are prominently featured......

...culture, fisheries, heritage tourism and many other areas,” said the Prime Minister. The project will also include the enhancement of the Sandy Point Airport. Prime Minister said the government and its agencies have delivered aid and assistance in various forms during the post-emergency phase of the Dorian response. In Grand Bahama, the Department of Social Services has helped 514 families with rent and paid out more than $700,000. Also, appliance......

...Minister will provide an update on The Bahamas’ Hurricane Dorian response. Minister Henfield will also represent Prime Minister Dr Hubert Minnis at the Western Hemispheric Leaders Meeting with US President Donald Trump to discuss the democratic transition of Venezuela. Minister Henfield’s credentials as head of delegation will expire on the 26 September, when Prime Minister Minnis will arrive in New York to deliver the Bahamas’ National Statement......

...ers related to regional tourism and finance. The Prime Minister will meet with Erna Solberg, Prime Minister of Norway, to discuss matters of mutual interest to The Bahamas and Norway. Deputy Prime Minister and Minister of Finance Peter Turnquest will act as Prime Minister in the Prime Minister’s absence. Prime Minister Minnis returns to The Bahamas 6 July, 2019.......

Minister of State for Grand Bahama in the Office of the Prime Minister Kwasi Thompson stated that while growth has been experienced over the past year, much more is expected. Minister Thompson made the comments during his contribution to the 2019/2020 Budget Debate in the Senate June 24. There has been an increase in air arrivals in January, February and April of 2019; and for the calendar year of 2018, air and sea arrivals were up by 9.1 per cen......

...ess the internet, opening up the window of greater learning ability,” said Minister Lloyd. Also on the list of speakers at the summit will be Minister of State for Grand Bahama Kwasi Thompson (pictured), who will close out the conclave and reveal the way ahead for the GB Technology Steering Committee in their quest to make Grand Bahama a technology hub within the region. Other local speakers at this year’s summit will include Kristie Powell, who w......