The Bahamas Investor

...bolster the economy. Minister of Financial Services Ryan Pinder, Minister of State for Investments Khaalis Rolle and Minister of State for Finance Michael Halkitis swept into office last year when the Progressive Liberal Party (PLP) won the general election in May. In the 2012 Speech from the Throne, which accompanied the opening of Parliament, the government underscored its commitment to “the formulation and execution of policies that will encou......

...Fourteen ministers are serving in the Cabinet for the first time. A number of ministers previously served in Parliament, either as Senator or as a Member of Parliament. However, the majority of the Cabinet are new to Parliament. I am pleased to note the members of Cabinet. K. Peter Turnquest, Deputy Prime and Minister of Finance; Carl Bethel, Attorney General and Minister of Legal Affairs; Brent Symonette: Minister of Financial Services, Trade and......

...brought us to where we are and it has done so successfully.” He said the article also spoke about how the government of The Bahamas recognizes the [financial services] sector’s potential and the assimilation of foreign institutions to form the basis of the newly liberated nation’s economic vision through its commitment to encouraging foreign investment as part of its economic development strategy.......

...d Culture Dr Daniel Johnson; Minister of Tourism Obie Wilchcombe; Minister of State for Investments Khaalis Rolle; director of investments in the Office of the Prime Minister Candia Ferguson; and senior policy advisor Sir Baltron Bethel. The group got a first-hand glimpse of the many amenities that will be available when the resort opens in late spring of 2015, including the 100,000 sq ft casino, beach sanctuary and Jack Nicklaus Signature Golf Co......

...ime Minister and Minister of Finance and Brent Symonette takes on the post of Minister of Financial Services, Trade and Industry and Immigration. Pictured: (sitting, from left) Marvin Dames, Minister of National Security; Jeffrey Lloyd, Minster of Education; T. Brent Symonette, Minister of Financial Services, Trade and Industry and Immigration; Dr Hubert Minnis, Prime Minister; Dame Marguerite Pindling; Peter Turnquest, Deputy Prime Minister and M......

Pictured: Grand Bahama Minister, Dr Michael Darville (left) and Minister of State for Investments, Khaalis Rolle at the Geneva WIF conference October 14. (Photo courtesy BIS) Members of the Bahamas Investment Authority (BIA) , Ministry of Grand Bahama and Ministry of Investment are in Geneva, Switzerland, this week attending the World Investment Forum (WIF) . Under the theme Investing in Sustainable Development, the forum runs October 13-16, 2014......

Minister of State for Investments Khaalis Rolle will travel to Los Angeles, California, January 21-24 where he will participate in the America’s Lodging and Investment Summit (ALIS) International Opportunities Showcase. About 1,800 attendees are expected at the annual national investment conference, which attracts investors, hedge fund managers, hotel operators, and financiers. “This is one of the big two summits that takes place for this industr......

Minister of State for Grand Bahama Kwasi Thompson was joined by a number of government and Parliamentary colleagues during a tour of Grand Bahama Shipyard recently. The tour came following a meeting by the team and executives from the shipyard, where discussions on the success of the shipyard, the apprenticeship programme and the future of the maritime business in Grand Bahama took place. Representing the government were Brent Symonette, Minister......

...n place – although there remains much more work to be done,” said Minister of State for Grand Bahama Kwasi Thompson. The Minister’s remarks came during a year in review by the Office of the Prime Minister in Grand Bahama to members of the local media December 16. Minister Thompson noted that Grand Bahama has played, and will continue to play a pivotal role in the overall economic resurgence of The Bahamas, and that the Prime Minister has taken a v......

...growth in the short to medium term, according to Khaalis Rolle , Minister of State for Investment in the Office of the Prime Minister. His announcement came Thursday during the Bahamas Chamber of Commerce and Employers Confederation’s Meet the Minister session, a monthly event. This was the second such meeting. Foreign direct investment (FDI) continues to be a major driver of The Bahamas’ economy, particularly in the tourism sector, said Rolle. G......

...g additional ministerial appointments: HON. FREDERICK A. MITCHELL MINISTER OF FOREIGN AFFAIRS and IMMIGRATION HON. DR. MICHAEL DARVILLE MINISTER FOR GRAND BAHAMA HON. V. ALFRED GRAY MINISTER OF AGRICULTURE, MARINE RESOURCES AND LOCAL GOVERNMENT HON. DR. PERRY GOMEZ MINISTER OF HEALTH HON. SHANE GIBSON MINISTER OF LABOUR AND NATIONAL INSURANCE HON. KENDRED DORSETT MINISTER OF THE ENVIRONMENT AND HOUSING HON. GLENYS HANNA MARTIN MINISTER OF TRANSPOR......

...prehensive approach to development that includes short-term stimuli in the form of specific investments, as well as longer-term investments in the governance and infrastructure of Freeport. We are competing in an increasingly global economy, and this MOU charts a path for us to create a new vision for Freeport as a special investment zone, as well as mechanisms for the Government to deliver our part in creating an investor-friendly environment. Mr......

Minister of Foreign Affairs and Immigration Fred Mitchell and representatives for the nation’s major private sector organizations met recently to agree to establish an ongoing public-private sector effort to undertake positive and constructive activities to address both the government’s and the private sector’s needs related to work permits. Pictured: (left to right) Aliya Allen, chief executive officer of the Bahamas Financial Services Board; Ro......

...secure the future for all Bahamians. As I have recently stated in a number of fora, I have an abiding optimism for the growth of entrepreneurial and employment prospects for the citizens of our country. Within that context, I view addressing the dire state of our public finances and placing the burden of Government debt on a downward path as critical components in support of our strategy for national economic development. Mr. Speaker, in this Budg......

...Urban Development the Hon. Frankie Campbell. Standing (from left) Minister of State for Grand Bahama the Hon. Kwasi Thompson, Minister of the Public Service and National Insurance the Hon. Brensil Rolle, Minister of Foreign Affairs the Hon. Darren Henfield, Minister of Tourism and Aviation the Hon. Dionisio D’Aguilar, Minister of Labour the Hon. Dion Foulkes, Minister of Agriculture and Marine Resources the Hon. Michael Pintard, Minister of Youth,......