The Bahamas Investor

...ernment February 25, 2019 in a special meeting of the Community Council of Ministers. Minister of Foreign Affairs Darren Henfield represented The Bahamas at the Tenth Special Meeting of the Community Council of Ministers. The agenda centred on updates related to reform in the Caribbean Community, CARICOM’s participation in Beijing Expo 2019 and negotiations for a Post-Cotonou Agreement, which seeks to renew a framework for the future partnership b......

...Minister of Financial Services, Trade, Industry and Immigration Elsworth Johnson attended a Mass General Staff Meeting held in Freeport, Grand Bahama August 19, 2019. The Minister was accompanied by his permanent secretary, David Davis and director of Bahamas immigration Clarence Russell. During the meeting, Minister Johnson laid out his mandate for the Ministry moving forward.......

...ss Bank that has been operating in the Bahamas since 1982. The bank offers financial services to private clients and has been in the private banking sector for over 170 years. Executive chairman of Gonet Bank & Trust Patrick Feuz said that they were pleased to be a part of this venture. “The Bahamas has been good to the bank since its arrival here, therefore we were excited for this opportunity to be good corporate citizens and gave back.” Picture......

...tioners (STEP ) Bahamas Branch members paid a courtesy call on Minister of Financial Services, Trade & Industry and Immigration Elsworth Johnson at the Ministry October 31, 2019. Pictured: Society of Trust and Estate Practitioners (STEP) Bahamas Branch members pay a courtesy call on Minister of Financial Services, Trade & Industry and Immigration Elsworth Johnson at the Ministry October 31, 2019. Pictured from left: Permanent Secretary David Davis......

...held January 21, 2015 at SuperClubs Breezes Resort are, from left: Joy Jibrilu, director general of tourism; Harrison Thompson, permanent secretary; Obie Wilchcombe, Minister of Tourism; and Glenys Hanna-Martin, Minister of Transport and Aviation. (BIS Photo/Patrick Hanna)......

...leak, described as oil coming out the vessel in a bubble formation,” said Minister Hanna-Martin. “When the crew and captain realized that there was a leak, they continued out to sea into an area which is called the steering current.” She said they immediately erected a boom around the vessel, on the starward side, which had the effect of containing the leak. “They began repairs to the tank, and transferred the oil to another holding tank, which s......

...nment officials, including the Prime Minister Perry Christie, Deputy Prime Minister and Minister of Works Philip Davis and Minister of Youth, Sports and Culture Dr Daniel Johnson. The stadium will be designed by architect Michael Foster. A state-of-the-art facility, the stadium is part of the nation’s current strategy to fully develop its sports tourism product. Pictured: (from left) Gina Rodgers-Sealy, daughter of baseball great, Andre Rodgers; P......

.... Markantonis has accepted a position as president and chief operating officer of the Venetian, The Palazzo and the Sands Expo Centre in Las Vegas. Pictured: George Markantonis, left, and Prime Minister Perry Christie. (BIS Photo/Peter 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.......

...the sole cause of our current difficulties,” Halkitis said. By the Cabinet Minister’s analysis, the country’s government finance statistic (GFS) deficit has averaged 3.1 per cent of GDP, or $250 million, over the last five years. If one-off revenue items, or unexpected revenue windfalls, were excluded, this average would increase by at least $50 million per annum, according to Halkitis. “I would argue that this deficit is the result of us not adju......

...ngine of this economy, we will continue to have the problems we have,” the Minister told attendees at the Global Trade and Financing Seminar held in Nassau earlier in the year. “The biggest barriers are access to capital and access to technical support.” “I would like to say, on behalf of the government, that we are going to do everything in our power to ensure the environment for doing business is greatly improved.” Rolle, who is a former chairma......

..., and The Bahamas remains committed to environment-friendly practices. The Minister made the comments whilst addressing an audience at the College of The Bahamas (COB) Performing Arts Centre, which included representatives from the United Nations Educational, Scientific, and Cultural Organisation (UNESCO) last month. Minister Deveaux explained how the marine environment and integrated ecosystems are experiencing their own natural destruction as th......

...eneral at Government House, and the Prime Minister Hubert Ingraham. Acting Minister of Foreign Affairs and Minister of National Security Tommy Turnquest hosted a welcome luncheon at the Balmoral Club. During his welcome address, Turnquest spoke to the “fruitful” exchanges and cooperation conducted between both countries in the political, economic and cultural fields. “Bahamians have benefitted from China’s generosity through scholarships, training......

...d a pivotal role in providing funding for the National Energy Policy . The Minister made the remarks at a conference held last week in Nassau. With the theme “Implementing Sustainable Energy Projects in The Bahamas: Solar Water Heater and Solar Photovoltaic Systems Pilot Programme,” the three organizations have been successful in starting a CFL (compact fluorescent lamp) distribution campaign to initiate awareness of the weight that residential en......

...rding to Minister for Tourism and Aviation Vincent Vanderpool-Wallace. The Minister, who spoke at the 30th Caribbean Marketplace conference at Atlantis Paradise Island today, said there had been a strong surge in business during November and December 2011. “December was the best month ever in terms of room revenues,” he enthused. “It was an incredible month.” In December air arrivals rose 7.1 per cent year on year and were up 15.9 per cent in Gran......

...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......