The Bahamas Investor

...residential energy efficiency holds in reducing the national energy bill. Minister of State for the Environment Phenton Neymour addresses the conference. (BIS Photo/Gena Gibbs) “Under these IDB funded pilot projects the government has seized the opportunities to accomplish the following recommendations of the National Energy Policy,” said Neymour. “The first one is the phase out of incandescent light bulbs and their replacement with reduced mercu......

Minister of State for Grand Bahama in the Office of the Prime Minister Kwasi Thompson February 15, welcomed two representatives from the Organization of American States (OAS ) Small Business Development Centre. He noted that the government has been working with the OAS to develop a Small Business Development Centre in the country, and to create one in Grand Bahama. While in Grand Bahama, Renee Penco, programme coordinator of the Small Business De......

...ion to the 2012-2013 Budget Debate, at the House of Assembly. Deputy Prime Minister and Minister of Works and Urban Development Philip Davis speaks in the House of Assembly during his contributions to the 2012-2013 Budget Debate June 13, 2012. (BIS Photo / Eric Rose) “The Water and Sewerage Corporation has identified that Cat Island might be best served by three reverse osmosis systems, though a single plant might be feasible as well,” said the De......

...Aviation is on target to meet all of the enhanced communication standards for air traffic control services, as outlined by ICAO. “In this regard,” he said, “the department has launched the ICAO Flight Plan Initiative, which greatly improved communications, as they relate to filing flight plans, as well as facilitating weather updates.” The government signs a $14-million loan agreement at the British Colonial Hilton with the Inter-American Develop......

...om the Chinese government of nine computers and two printers September 19. Minister for Grand Bahama Michael Darville and senior officials from the Ministry of Education and Ministry for Grand Bahama also attended the event. The computers are being donated to three institutions that assist in the education of children with special needs or disadvantaged students–Beacon School, Programme Sure, and Providing Access to Continued Education (PACE). Min......

...ter Ramsay) Deputy Prime Minister Philip Davis, George Markantonis, and Prime Minister Perry Christie. (BIS Photo/Peter Ramsay) Prime Minister Perry Christie, Sir Sol Kerzner, and former Prime Minister Hubert Ingraham. (BIS Photo/Peter Ramsay) Markantonis, Christie, Sir Sol and Ingraham. (BIS Photo/Peter Ramsay)......

...such that will cause the world to sit up and take note,” said the Tourism Minister. Robert Sands, senior vice president, administration and external affairs at Baha Mar commented: “This is an exciting time for The Bahamas. Baha Mar and our brand partners are proud to work with the Ministry of Tourism and to promote the Bahamas as a must-visit tourist destination.” Pictured: (from left) Ingrid Bartlett, GM Groups; Ellison “Tommy” Thompson, deputy......

...rebuilding effort.” The Prime Minister was accompanied by Darren Henfield, Minister of Foreign Affairs; Dionisio D’Aguilar, Minister of Tourism and Aviation; Camille Johnson, secretary to the Cabinet; David Davis, permanent secretary, Office of the Prime Minister; and staff of the Bahamas Investment Authority, Office of the Prime Minister. Pictured: Signing of Heads of Agreement for $300 million development in South Abaco, February 13, 2020 in San......

...Each island must have an opportunity to showcase itself, so there will be greater demands placed on the staff of the Ministry in order to properly achieve our goals,” Wilchcombe noted he is expecting to increase the previous budget allocation for the promotion of the Family Islands, which was $750,000. Minister of Tourism Obie Wilchcombe speaks to members of the press after delivering a keynote address to the board directors of the Bahamas Out Is......

...ls, Belgium November 12. (BIS Photo/Yontalay Bowe) Pictured: (from left) Minister Elsworth Johnson, Minister Darren Henfield, Maria O’Brien, Prime Minister Minnis, and Minister Carl Bethel. (BIS Photo/Yontalay Bowe)......

...Speaking at the Bahamas Association of Compliance Officers conference in Nassau yesterday, Financial Services Minister Ryan Pinder urged sector professionals to learn a second language, such as Portuguese or Spanish, to help the jurisdiction tap new and emerging markets.......

Addressing a group of leading businessmen last week, Ryan Pinder, Minister of Financial Services, with the portfolio inclusive of trade and industry, said that “the government of The Bahamas remains committed to manufacturers.” “We proved that coming into office with the amendment to the Industries Encouragement Act and Tariff Act, which I know fundamentally helped many of the businesses represented here today.” Pinder made the comments at the Li......

...Ryan Pinder announced yesterday that he is stepping down from his post as Minister of Financial Services with effect at the end of this year. The international tax lawyer will remain a member of Parliament and has accepted a position with the Deltec banking group.......

...s FATCA is here and FATCA is not going away,” she told attendees. Minister for Financial Services Ryan Pinder said FATCA was an indication of the growing importance of compliance. “We as an industry must be prepared to accept that what we are subject to under FATCA will only be the start of a new normal,” he said. “We, as a long-standing jurisdiction that has developed a significant level of expertise, can not only compete in this new normal, but......

...unts to the US Treasury. Earlier this year, Minister of Financial Services Ryan Pinder announced that the government would adopt a Model 1 Intergovernmental Agreement (IGA) with the US Treasury in order to carry out its reporting duties. According to Nottage, the government is currently deliberating the costs associated with the Model 1 agreement, including those related to implementing an electronic reporting system and providing the necessary tr......