The Bahamas Investor

...ban Development Philip Davis (left) receives Monica Lanzetta Mutis, Deputy Minister of Foreign Affairs of the Republic of Colombia, for a courtesy call at the Ministry of Foreign Affairs and Immigration, April 15. (BIS Photo) Deputy Prime Minister and Minister of Works and Urban Development Philip Davis received Monica Lanzetta Mutis, Deputy Minister of Foreign Affairs of the Republic of Colombia, for a courtesy call at the Ministry of Foreign Aff......

...zing preparations, with the assistance of the Canadian Bank Note Company , for the introduction of Excise Stamps on all tobacco products. Prime Minister Christie explained that the stamps will attest to the payment of excise taxes, facilitate audit and compliance activities to combat smuggling and secure an important source of government revenue. The Prime Minister also said that the government intends to initiate negotiations with the US in respe......

...cholarship and research opportunities in global negotiations, according to Foreign Affairs and Immigration Minister Fred Mitchell. Speaking at the 16th Model United Nations Sessions (MUNS) April 22, Mitchell encouraged students to inherit a heritage of competence in civics, globalization, communications, and diplomatic relations. The MUNS session was held at the Crown Ballroom in the Coral Towers at Atlantis Paradise Island. During his address, Mi......

...duties on conveyances in the context of its overall programme of fiscal reform. The Prime Minister said that the government is introducing a cap of $50,000 as the maximum real property tax payable on an owner-occupied residence as a means of further stimulating the construction sector. He added that an allocation is being made in this budget for home repairs and community improvements under the auspices of both the Urban Renewal Programme and the......

...cal year should approximate 6.1 per cent of GDP, slightly below the Budget forecast of 6.5 per cent.” Prime Minister Christie said in the 2013/14 fiscal year, Recurrent Expenditure is being held to a level of $1,737 million, just below the level set out in the Mid-Year Statement. “Likewise, Capital Expenditure next year will be contained to a level of $295 million, not significantly changed from the $300 million projected in February.” He said in......

...Prime Minister Perry Christie delivered the 2013/14 Budget Communication in the House of Assembly May 29.......

...hat do not support the One China policy were not invited by His Excellency for the meetings, for the bi-laterals today, and I have no difficulty with that in principle because Trinidad and Tobago has always supported the One China policy, as several other countries,” Persad-Bissessar said. Speaking through an interpreter, China’s Ambassador to Trinidad and Tobago, Huang Xingyuan, said the concessional financing may be increased in the future. “O......

Pictured: Prime Minister Perry Christie welcomes former Prime Minister of Barbados Owen Arthur during a courtesy call at the Office of the Prime Minister June 14. (BIS Photo/Peter Ramsay) Prime Minister Perry Christie welcomed former Prime Minister of Barbados Owen Arthur during a courtesy call at the Office of the Prime Minister June 14. Arthur was in The Bahamas to speak at “The Bahamas at 40: Reflecting on the past, Envisioning the future” eve......

...utting/©Dupuch) On board to celebrate the vessel’s first voyage were Prime Minister Perry Christie and Minister of Tourism Obie Wilchcombe (left) along with President of RAV Bahamas Gerardo Capo (background). The $100 million cruise ship, formerly a Greek ferry plying the Mediterranean Sea, has been upgraded to include casinos, restaurants, bars and lounge areas. Resorts World Bimini is offering twice-daily service between Port Miami and Bimini. T......

...Prime Minister Perry Christie gives details of the masterplan for development of the Bimini islands. Watch a video here.......

...amined, tested and calibrated to ensure that Bahamians are not overcharged for services. “However, the government recognizes that it is imperative to develop new policies in order to reduce costs and currently we are taking many steps to do so. For this reason, we have established a National Energy Policy that will carry the country to 2030.” This policy, he said indicates that the demand and usage of fossil fuels in The Bahamas must be reduced, i......

...economic potential and diversity of our wonderful island communities.” The Minister stressed the Prime Minister’s role as a driving force behind the project. “He understood that it would be tied to a series of economic projects on this island and would facilitate and enhance this growth spurt in our economy,” she said. “He also understood that the ownership of this airport could not be relinquished, because of its significance to our nation and pe......

...Minister of Tourism Obie Wilchcombe says that Bimini has untapped potential and has reiterated the government’s commitment to marketing the Family Islands more aggressively. Watch an interview with Wilchcombe here.......

...Transportation and Aviation Minister Glenys Hanna-Martin has said that the expansion of the Lynden Pindling International Airport in Nassau is of vital importance to the Bahamas’ economy and social cohesion. Watch an address by Hanna-Martin at the opening ceremony of the new International Terminal.......

...ter Cooper and its CEO Winston Rolle. Darville told the gathering that, as Minister for Grand Bahama, it is his mandate to promote the advancement of the island as a tourism and industrial centre. “The theme of this forum, At the Crossroads of 21st Century Trade and Investment, is timely and appropriate, as we have now reached a point where crucial decisions must be made in order to attract new investments to The Bahamas, but more specifically to......