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News & Press - Nov 18/18

 

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World’s largest cruise ship docks in Nassau – photos

Royal Caribbean International’s “newly minted” Symphony of the Seas completed its inaugural voyage to The Bahamas with a call on the port of Nassau. (BIS Photo/Kemuel Stubbs)

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TheBahamasInvestor.com
Friday, November 16, 2018
Friday, November 16, 2018

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Pictured: Minister of Tourism and Aviation Dionisio D’Aguilar speaks at the event. (BIS Photo/Kemuel Stubbs)

Royal Caribbean International’s “newly minted” Symphony of the Seas completed its inaugural voyage to The Bahamas with a call on the port of Nassau November 14, 2018.

Senior government officials, led by Minister of Tourism and Aviation Dionisio D’Aguilar, officials of the Ministry of Tourism and tourism industry stakeholders and partners, were among those on-hand to welcome the Symphony of the Seas to the Port of Nassau.

Minister of Health Duane Sands, Minister of Housing and the Environment Romauld Ferreira, and Minister of the Public Service and National Insurance Brensil Rolle, were among the senior government officials in attendance.

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CTO to host two live web events

In celebration of Caribbean Tourism Month, the Caribbean Tourism Organization will host two live events on its Facebook page. 

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TheBahamasInvestor.com
Friday, November 16, 2018
Friday, November 16, 2018

In celebration of Caribbean Tourism Month, Caribbean Tourism Organization is hosting two live events via its Facebook page November 19-20.

On November 19 at 11:00 am Eastern Caribbean Time (10:00 am Jamaica/New York, 3:00 pm London) there will be a live discussion with CTO secretary general Hugh Riley. Riley will be fielding questions from Facebook followers about the Caribbean’s tourism industry. You can email your questions in advance to jjohnrose@caribtourism.com or type in your question during the session. This is a one-hour session.

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Grand Bahama Tech Summit kicks off

Prime Minister Dr Hubert Minnis officially opened the 2nd Grand Bahama Technology Summit yesterday in Freeport. Pictured: PM officially opening the summit November 14. (BIS Photo/Andrew Miller)

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TheBahamasInvestor.com
Thursday, November 15, 2018
Thursday, November 15, 2018

Prime Minister Dr Hubert Minnis officially opened the 2nd Grand Bahama Technology SummitNovember 14 in Freeport.

The three-day summit is being held at the Grand Lucayan resort under the theme, ‘The Future is Now.’

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Business news in The Bahamas – audio

The Tech Summit in Freeport on Grand Bahama dominates the business news in The Bahamas this week. Listen to an audio news round-up from Bahamas Information Services here. 


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Bahamas Information Services
Thursday, November 15, 2018
Thursday, November 15, 2018


AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of “a-” of Family Guardian Insurance Co Ltd. Concurrently, the credit rating agency has affirmed the Long-Term ICR of “bbb-” of FamGuard Corp Ltd. Both are domiciled in Nassau, The Bahamas. 

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AM Best
Thursday, November 15, 2018
Thursday, November 15, 2018

Morneau ShepellOLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” of Family Guardian Insurance Company Limited (Family Guardian). Concurrently, A.M. Best has affirmed the Long-Term ICR of “bbb-” of FamGuard Corporation Limited (FamGuard) (BISX: FAM) (both domiciled in Nassau, Bahamas). Family Guardian is a wholly owned subsidiary of its publicly traded parent, FamGuard. The outlook of these Credit Ratings (ratings) is stable.

The ratings reflect Family Guardian’s balance sheet strength, which A.M. Best categorizes as strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management (ERM).

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Prime Minister Dr Hubert Minnis delivered the keynote address at the opening of The Bahamas Institute of Chartered Accountants (BICA) Week 2018 under the theme ‘Effectively Transitioning in a Digital Environment: Staying Current on the Global Stage’ at Baha Mar Convention Centre November 12. 

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TheBahamasInvestor.com
Wednesday, November 14, 2018
Wednesday, November 14, 2018

PM highlights BICA's economic contribution

Pictured: Prime Minister Minnis (right) with BICA’s president Gowon Bowe during BICA Week 2018 at Baha Mar, November 12. (BIS Photos/Yontalay Bowe)

Prime Minister Dr Hubert Minnis delivered the keynote address at the opening of The Bahamas Institute of Chartered Accountants (BICA) Week 2018 under the theme ‘Effectively Transitioning in a Digital Environment: Staying Current on the Global Stage’ at Baha Mar Convention Centre November 12.

During his speech, the Prime Minister noted the long history of the profession, celebrating nearly 50 years.

“BICA members represent a significant movement in Bahamian entrepreneurship, moving from a profession that was predominantly represented by expatriates to a profession that is predominantly represented by Bahamians.”

“BICA has produced an impressive number of private business executives in The Bahamas, along with leaders in various public entities, including the Office of the Auditor General and the Public Treasury,” he said.

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Bahamas news round-up – audio

The Prime Minister address to The Bahamas Institute of Chartered Accountants and the Finance Minister’s meeting with the Organisation for Economic Co-operation and Development top the news in The Bahamas. Listen to an audio news round-up from Bahamas Information Services here. 

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Bahamas Information Services
Tuesday, November 13, 2018
Tuesday, November 13, 2018


PM to open Grand Bahama Tech Summit

Prime Minister Dr Hubert Minnis is expected to be the keynote speaker at the opening of the Second Annual Grand Bahama Technology Summit, November 14-16, 2018 at the Grand Lucayan. (Stock photo)

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TheBahamasInvestor.com
Tuesday, November 13, 2018
Tuesday, November 13, 2018

Prime Minister Dr Hubert Minnis is expected to be the keynote speaker at the opening of the Second Annual Grand Bahama Technology Summit, November 14-16, 2018 at the Grand Lucayan.

Speaking during the opening ceremony of a recent Blockchain and Crypto Currency Conference also held in Freeport, Prime Minister Minnis said: “Our government recognizes that in order for the economy to grow, we must diversify and create other opportunities for Bahamians to be successful.”

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The Deputy Prime Minister and Minister of Finance Peter Turnquest led a delegation to Brussels and Paris this week, for frank discussions with high ranking officials within the European Commission and the Organization for Economic Co-operation and Development on The Bahamas’ compliance with international standards on tax governance. 

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TheBahamasInvestor.com
Monday, November 12, 2018
Monday, November 12, 2018

OECDThe Deputy Prime Minister and Minister of Finance Peter Turnquest led a delegation to Brussels and Paris this week, for frank discussions with high ranking officials within the European Commission and the Organization for Economic Co-operation and Development (OECD) on The Bahamas’ compliance with international standards on tax governance.

Accompanying the Deputy Prime Minister was the Minister of Financial Services, Trade & Industry and Immigration Brent Symonette; the Attorney General and Minister of Legal Affairs Carl Bethel QC; and a senior advisor from each of their respective ministries.

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Speaking at the Securities Commission of The Bahamas Public Companies Forum yesterday, Prime Minister Dr Hubert Minnis said that although there are signs that the Bahamian economy is "turning the corner", the need for deepening and broadening the economy remains critical. 

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TheBahamasInvestor.com
Friday, November 9, 2018
Friday, November 9, 2018

PM: economy 'turning the corner'

Pictured: Prime Minister Dr Hubert Minnis officially opens the Securities Commission of The Bahamas Public Companies Forum November 8, 2018 at the British Colonial Hilton, Nassau. (BIS Photo/Yontalay Bowe)

The Bahamian economy is “turning the corner,” according to Prime Minister Dr Hubert Minnis.

He made the comment as he officially opened the Securities Commission of The Bahamas Public Companies Forum.

The one-day conclave was held under the theme: “Expanding the Role of the Capital Markets In Bahamian Economic Development,” November 8, 2018 at British Colonial Hilton.

The forum provided an opportunity to discuss some of the initiatives undertaken by the government to create an environment for entrepreneurs.

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