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News & Press - Jul 17/18

 

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The Labour Minister’s meeting with Carnival Cruise Lines officials is among the top business stories in The Bahamas this week. Watch a ZNS Network news segment here. 

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ZNS News
Friday, July 6, 2018
Friday, July 6, 2018

Continue to see videoThe Labour Minister’s meeting with Carnival Cruise Lines officials is among the top business stories in The Bahamas this week.
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Regional heads attend CARICOM summit

The Bahamas Prime Minister is among those attending the 39th Regular Meeting of the Conference of Heads of Government of the Caribbean Community officially opened July 4, in Montego Bay, Jamaica. 

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TheBahamasInvestor.com
Thursday, July 5, 2018
Thursday, July 5, 2018

The 39th Regular Meeting of the Conference of Heads of Government of the Caribbean Community (CARICOM) officially opened July 4, in Montego Bay, Jamaica.

Just prior to leaving for CARICOM, senior policy advisor to the Prime Minister, Joshua Sears discussed the importance of this particular conclave.

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Central Bank releases monthly economic report

Developments within the domestic economy remained largely positive during the review period of May 2018, as tourism indicators continued to trend upwards, while foreign investment projects supported construction-related activity, according to the latest report from The Central Bank of The Bahamas. 

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Central Bank of The Bahamas
Wednesday, July 4, 2018
Wednesday, July 4, 2018

Developments within the domestic economy remained largely positive during the review period of May 2018, as tourism indicators continued to trend upwards, while foreign investment projects supported construction-related activity.

Reflecting the increase in global oil prices, domestic energy costs rose during the period, while on the fiscal front, the cumulative deficit contracted over the ten months of FY2017/2018, due to a decline in capital expenditure and an increase in revenue.

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PM heads delegation to CARICOM meet

Officials from The Bahamas will meet with representatives from other member states of the Caribbean Community at the 39th Regular Meeting of the Conference of Heads of Government of the Caribbean Community, July 4-6, 2018 in Montego Bay, Jamaica. 

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TheBahamasInvestor.com
Tuesday, July 3, 2018
Tuesday, July 3, 2018

Officials from The Bahamas will meet with representatives from other member states of the Caribbean Community (CARICOM) on crime and security, disaster management and recovery, and emerging geo-political developments that can have an impact on the region’s growth prospects at the 39th Regular Meeting of the Conference of Heads of Government of the Caribbean Community, July 4-6, 2018 in Montego Bay, Jamaica.

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New GB tech training programme launched

Minister for Grand Bahama Kwasi Thompson officially opened the Information and Communications Technology Summer Programme last week at the Bahamas Technical and Vocational Institute in Grand Bahama. Pictured: Minister Thompson (right) makes the keynote speech during the launch. (BIS Photo/Lisa Davis)

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TheBahamasInvestor.com
Tuesday, July 3, 2018
Tuesday, July 3, 2018

Minister for Grand Bahama Kwasi Thompson officially opened the Information and Communications Technology Summer Programme June 27, 2018 at the Bahamas Technical and Vocational Institute (BTVI) in Grand Bahama.

The Minister said the programme will give young Bahamians an opportunity for free education in an industry that is quickly expanding in Grand Bahama.

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Central Bank releases Bahamas Registered Stock IPO Calendar – PDF

In an effort to better serve the domestic investor market, commencing July 1, 2018, The Central Bank of The Bahamas has begun publishing quarterly calendars of initial public offering dates. 

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Central Bank of The Bahamas
Monday, July 2, 2018
Monday, July 2, 2018

The Central Bank of The Bahamas serves as Issuing Agent and Registrar for Bahamas Registered Stock (BRS) issued by the Bahamas Government.

In an effort to better serve the domestic investor market, commencing July 1, 2018, the Central Bank has begun publishing quarterly calendars of initial public offering (IPO) dates.

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The government of The Bahamas has named Davinia Blair as the executive director of the imminent Small Business Development Centre. 

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TheBahamasInvestor.com
Friday, June 29, 2018
Friday, June 29, 2018

Government names new business centre chief

Pictured: Incoming executive director of the Small Business Development Centre, Davinia Blair. (BIS Photo)

The government of The Bahamas has named Davinia Blair as the executive director of the imminent Small Business Development Centre.

Blair’s appointment signals the government’s commitment to building and supporting the institutional framework and the national support programme for micro, small and medium-sized enterprises (MSMEs).

The centre is the product of a tri-partite arrangement between the Government, the University of The Bahamas and the Bahamas Chamber of Commerce and Employer’s Confederation (BCCEC) and the Ministry of Finance. The centre works to guide the development and funding of MSMEs throughout the country.

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The Bahamas Investor – Fall & Winter 2018 Press release

The 2018 Fall & Winter edition of The Bahamas Investor features an interview with Citi Trust's managing director Elena Mortemore. Overseeing 24 countries and responsible for generating nearly $60 million in revenue, the Bahamian and former lawyer offers insight into Citi's plans for expansion in The Bahamas and the wider Latin American region. 

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TheBahamasInvestor.com
Wednesday, June 27, 2018
Wednesday, June 27, 2018

Etienne Dupuch Jr Publications is proud to announce the release of the latest issue of The Bahamas Investor magazine. Packed with critical information for investors, the bumper, high-quality publication contains a mix of in-depth features, profiles, reference materials, news and interviews with industry leaders.

The Fall & Winter 2018 edition contains an interview with Citi Trust’s managing director Elena Mortemore. Overseeing 24 countries and responsible for generating nearly $60 million in revenue, Mortemore says the most rewarding aspects of her job are experiencing different cultures and meeting the needs of her very varied client base.

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Q1 tourist numbers up

The Bahamas Ministry of Tourism and Aviation has reported that first quarter international visitor results point to an increase in arrivals, signaling that business turnaround from Q4 of 2017 has continued to flow into 2018. 

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Tourism Today
Tuesday, June 26, 2018
Wednesday, June 27, 2018

The Bahamas Ministry of Tourism and Aviation (BMOTA) is pleased to report that first quarter international visitor results point to an increase in arrivals, signaling that business turnaround from Q4 of 2017 has continued to flow into 2018. The Ministry is anticipating a strong summer season for tourism across the destination.

Overall, The Bahamas experienced significant increases in foreign air and sea arrivals, which are up 2.8%. Foreign air arrivals alone reached a substantial 18% increase compared to Q1 of 2017.

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Speaking at the Bahamas Blockchain and Cryptocurrency Conference last week, Prime Minister Dr Hubert Minnis said The Bahamas is uniquely positioned to quickly become jurisdiction of choice for blockchain companies. 

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TheBahamasInvestor.com
Tuesday, June 26, 2018
Tuesday, June 26, 2018

PM: Bahamas can be hub for blockchain tech

Pictured: Prime Minister Dr Hubert Minnis gives the keynote speech at the opening of the Bahamas Blockchain and Cryptocurrency Conference at the Grand Lucayan, June 20, 2018. (BIS Photo/Lisa Davis)

Speaking at the Bahamas Blockchain and Cryptocurrency Conference last week, Prime Minister Dr Hubert Minnis said The Bahamas is uniquely positioned to quickly become jurisdiction of choice for blockchain companies.

Prime Minister Dr Hubert Minnis said that Grand Bahama is the ideal location in The Bahamas to support the establishment and growth of a technology cluster of blockchain, and other software companies that can jumpstart the technology industry in The Bahamas.

In spite of the challenges that come with establishing and growing a technology sector, Prime Minister Minnis said that The Bahamas is uniquely positioned to quickly become the jurisdiction of choice for technology companies, particularly blockchain technology companies, and Fintech solution providers.

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