The Bahamas Investor

..., bars and shops represented by spending by the many extra visitors.” The Minister noted the impending 60th anniversary of the original event at Windsor Field in 1954, before moving to Oakes Field in 1957. Pictured: Deputy Prime Minister and Minister of Works and Urban Development Philip Davis (red helmet) takes in several laps in a Red 1955 Maserati 200S, driven by Mikel Willms, after he officially opened Bahamas Speed Week Revival. (BIS Photo/De......

...” he said. “FDI will continue to be a major driver of the Bahamian economy for the foreseeable future.” The Minister acknowledged that competition for investment has grown in recent years, due to the depressed economic climate, and highlighted Jamaica and the Dominican Republic as major competitors. In order to attract investors, the government will engage in “investment missions” to target new markets, and will consult with the private sector to......

...nior vice-president of external and government affairs Robert Sands; Prime Minister Christie; Former commissioner of the Bahamas Film and Television Commission, Craig Woods; and chairman of the Bahamas Carnival Commission Paul Major. (BIS Photo/Peter Ramsay) Prime Minister Christie greets a dancer during the ceremony launching the new Bahamas Junkanoo Carnival, which is slated for May 2015. (BIS Photo/Peter Ramsay) Pictured: Prime Minister Christi......

...Tourism Minister Obie Wilchcombe has said that Bahamians must provide the highest level of service in the industry to remain competitive in the global marketplace. He made the comments during a Speed Week event this week. Watch an interview with the Minister here.......

...ber states,” according to the plan. To achieve this, there has been a call for transformational reform of the institution’s methods of operation and increased “buy in” from member states. Better together In the words of Prime Minister Christie, in the past The Bahamas has had “one foot in and one foot out” of CARICOM. However, The Bahamas has recently been an important contemporary advocate for the regional body. According to director general at t......

...he Ministry of Foreign Affairs Rhoda Jackson. (BIS Photo/Derek Smith) Pictured: Minister of Foreign Affairs Darren Henfield, left, speaks to members of the media at the close of the 21st meeting of the Council for Foreign and Community Relations (COFCOR) during a press conference held at the British Colonial Hilton May 8, 2018. CARICOM Secretary General Irwin LaRocque looks on. (BIS Photo/Derek Smith)......

...in attendance at the ceremony were Minister of Tourism Obie Wilchcombe and Minister of State for Trade and Investments Khallis Rolle. Prime Minister Christie said he felt “privileged” to be recognized in this way. “As I think of the change that Dr King helped to bring about in this nation, and worldwide, in his brief but powerful life, I feel privileged to be named among past recipients of this great honour; illustrious persons of iconic stature s......

...left) Kwasi Thompson, Minister of State for Grand Bahama; Darren Henfield, Minister of Foreign Affairs; and Jeff Moseley CEO, Texas Association of Business, discuss business opportunities for The Bahamas. (Photo/Yontalay Bowe) Pictured: (from left) Kwasi Thompson, Minister of State for Grand Bahama; Prime Minister Minnis; Jeff Moseley CEO, Texas Association of Business; and Lynden Rose, Honorary Consul, Houston, Texas. (Photo/Yontalay Bowe) Pictur......

...Governors of the IDB February 27, 2018. (Photos courtesy BIS) Deputy Prime Minister and Minister of Finance Peter Turnquest, in his capacity as one of the Governors of the Inter-American Development Bank (IDB ), attended the 7th Annual Consultation Meetings with Caribbean Governors of the IDB held in Kingston, Jamaica,February 26-27. The DPM participated in a panel discussion led by Sir Richard Branson and IDB President Luis Alberto Moreno. The di......

...ities for Grand Bahama and The Bahamas. Pictured: Bahamian delegates meet with representatives of the US Chamber of Commerce at it headquarters in Washington, DC, March 5, 2018. (BIS Photo) Pictured: Minister of State for Grand Bahama Kwasi Thompson, centre front row, heads a delegation of Bahamian stakeholders that is currently visiting the US, March 5, 2018. (BIS Photo)......

...The Minister of Financial Services, Trade and Industry, and Immigration Brent Symonette has launched the first round of World Trade Organization (WTO ) consultations. Read/download the launch statement here:  MINISTER OF FINANCIAL SERVICES, TRADE & INDUSTRY, AND IMMIGRATION LAUNCHES FIRST ROUND OF WORLD TRADE ORGANIZATION (WTO) CONSULTATIONS......

...e executives Edison Sumner, right, and Michael Maura. (Photo courtesy BIS) Minister of State for Grand Bahama Kwasi Thompson, along with the director of investments Candia Ferguson represented the Bahamas government and the island of Grand Bahama at the Commonwealth Business Forum 2018, part of the Commonwealth Heads of Government Meeting (CHOGM ) in London. The Commonwealth Business Forum is an integral part of CHOGM and brings together businesse......

...s community for the level of its involvement so far. “It is important and necessary for the private sector and government to work as partners,” he added. “Keeping us on the outside only creates more anxiety.” The Bahamas has been eyeing WTO accession for over a decade, but redoubled its efforts when the FNM administration took power last year and made the bid a key part of its new agenda. The current government claims it will enhance The Bahamas’......

The Minister of Financial Services Hope Strachan has issued the following statement in response to publications by The International Consortium of Investigative Journalists (ICIJ). “The Bahamas remains committed to the transparency of its corporate registry. The data required by law to be maintained in the corporate registry is available to the public. The Bahamas is committed to the Registrar General’s Department transitioning to an entirely onl......

...Island Developing States (SIDS). Haiti’s President Moise stressed the need for combined efforts in the integration process. “It is important that we combine our efforts to find ways and means to strengthen the process of regional integration,” he said. Prime Minister of Barbados said the time has come for the activation of the single domestic space for hassle-free intra-regional travel and to introduce the long-discussed CARICOM multipurpose ID ca......