The Bahamas Investor

...Minister of Transport and Local Government Renward Wells is in London this week to address the 31st Session of the International Maritime Organization Assembly, which is being held November 25-December 4. Minister Wells addressed the assembly on behalf of the government of The Bahamas November 25. The Bahamas is up for re-election to the council in Category C. Regular sessions of the assembly are conducted every two years.......

...rnment on creation of Grand Bahama as a tech hub . During the meeting, the Minister informed the committee of current and future initiatives being taken to ensure Grand Bahama is established as the tech hub of the region. He said: “We see education as an endless door of opportunities for Bahamians from all walks of life. We have incorporated technology in our schools’ infrastructure through the Ministry of Education’s Digitization Project and have......

...eft to right: Miami Dolphins legend Nat Moore; Minister Youth Sports & Culture Dr Danny Johnson; Wilchcombe; Dan Marino; Christie; and Tom Garfinkel, Dolphins chief executive officer. (BIS Photo/Patrick Hanna) Tourism Minister Obie Wilchcombe (centre) and Sports Minister Dr Danny Johnson (right) along with Miami Dolphins legend Dan Marino (left) are pictured with participants of the football clinic. (BIS Photo/Patrick Hanna)......

...l Thursday 10th January, 2013 to submit the relevant completed application form to the Parliamentary Commissioner. For those persons who reside overseas, a completed Form J must be submitted. Special voters, namely election officials, those who on referendum day are likely to be hospitalized, undergoing medical attention etc., must complete Form K. Finally, the 28th January 2013 is the date of the Referendum vote. My Fellow Bahamians, This Referen......

...Minister for Grand Bahama Michael Darville met December 17 with top management from several major companies on Grand Bahama, including Pharmachem, Club Fortuna, Polymers International, Bahama Rock, and Freeport Container Port. Minister Darville used the occasion to gain information on the companies growth and development, employment opportunities, and current challenges.......

...also support the facility with marketing and publicity. The Prime Minister’s delegation to Rose Island also included the Minister of Tourism Obie Wilchcombe; Minister of Transport and Aviation Glenys Hanna-Martin; Minister of State for Investments Khaalis Rolle; and government officials from the Ministry of Tourism and members of the local media. Tourism Today video: Bahamian launches Grantanna Resort, Rose Island......

...ign direct investment policy formulation and promotion. Minister Rolle and Minister for Grand Bahama Dr Michael Darville are leading a delegation that includes the director of investments at the BIA Candia Ferguson and project officers Melissa Forbes and Leslie Dorsette from the Ministry of Grand Bahama. In addition to the forum, the BIA will conduct presentations on investment opportunities in The Bahamas generally and in particular on Grand Baha......

...the sale of the Abaco Club at Winding Bay December 11. Left to right: Minister of Environment and Housing Kenred Dorsett; Minister of Tourism Obie Wilchcombe; Prime Minister Christie; and Minister of Labour and National Insurance Shane Gibson.(BIS Photo/Patrick Hanna)......

...eplicated from our source regarding RMBS. According to the government, the financial services sector stands to benefit substantially from the introduction of this new financial product and service, making The Bahamas only one of three countries in the world where RMB transactions can take place. The Prime Minister and his ministerial delegation are in China this week to attend the China/CELAC Forum in addition to pursuing a number of projects and......

...rand Bahama Development Company (DEVCO) along with Mrs. Ginger Moxey, GBPA Vice President, accompanied a 6 member team of officials from the Bahamas Investment Authority, including Minister of State for Investment in the Ministry of Finance, the Hon. Khaalis Rolle to the American Lodging & Investment Summit (ALIS).......

...g, which will be named during a special ceremony to commemorate the life and legacy of the late Paul L Adderley. Adderley, who died on September 19, 2012, was the first and longest serving attorney general of an independent Bahamas, having served 1973-89. He was also a former Cabinet Minister and Parliamentarian. Minister of Labour and National Insurance and Minister of the Public Service Shane Gibson along with attorney general and Minister of Le......

...he Bahamas’ attractiveness to investors, bolstering capital inflow and creating employment. To read the entire speech, download the PDF here.......

...to Grand Bahama came on stream after more than a 30-year hiatus. The Prime Minister noted that foreign reserves registered an increase of $26 million for the year, bringing reserves to $886 million at year-end – the fourth consecutive year in which the balance of payments recorded a surplus. Ingraham said that government debt relative to the size of the economy remains “well below the danger level” and lower than that of regional neighbours and mo......

...Minister of Education Science and Technology Jerome Fitzgerald toured the Bahamas Technical and Vocational Institute and the College of The Bahamas outlining the government’s plan for the institutions. Watch an interview with the Minister here.......

...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......