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News & Press - Oct 20/19

 

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Central Bank releases August economic review – PDF

Domestic economic developments, according to the latest report by The Central Bank of The Bahamas, remained healthy through August. However, this pre-dates the passage of Hurricane Dorian which caused extensive damages to private and public sector infrastructure in Grand Bahama and Abaco. Read the full report here. 

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Central Bank of The Bahamas
Thursday, October 3, 2019
Thursday, October 3, 2019

Domestic economic developments, according to the latest report by The Central Bank of The Bahamas, remained healthy through August.

However, this pre-dates the passage of Hurricane Dorian which caused extensive damages to private and public sector infrastructure in Grand Bahama and Abaco.

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Bahamas remains open for tourism business

The Bahamas remains open for tourism business despite the destruction caused in parts of the Northern Bahamas by Hurricane Dorian, Acting Minister of Tourism and Aviation Frankie Campbell said recently. Pictured: Acting Minister of Tourism and Aviation Frankie Campbell, addresses the Opening Ceremonies of the 2019 Optimist North American Championships, held at the Nassau Yacht Club. (BIS Photo/Matt Maura)

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TheBahamasInvestor.com
Thursday, October 3, 2019
Thursday, October 3, 2019

The Bahamas remains open for tourism business despite the destruction caused in parts of the Northern Bahamas by Hurricane Dorian, Acting Minister of Tourism and Aviation Frankie Campbell said recently.

Addressing more than 200 participants and officials attending the Opening Ceremony of the 2019 Optimist North America Championship underway in Montagu Bay, Minister Campbell told the group that The Bahamas is a 16-island destination – 14 of which were not impacted and/or adversely impacted by Hurricane Dorian.

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GB Shipyard dry-docks first ship following Hurricane Dorian

Grand Bahama Shipyard has announced that it dry-docked its first vessel since reopening the shipyard shortly after Hurricane Dorian hit The Bahamas last month. Pictured: Taipei Trader, a containership operated by Lomar Shipping, docks at the No. 3 dock at Grand Bahama Shipyard. (PR NewswireFoto/Grand Bahama Shipyard)

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Grand Bahama Shipyard; Carnival Corporation & plc
Tuesday, October 1, 2019
Tuesday, October 1, 2019

FREEPORT, Bahamas, Sept. 30, 2019 /PRNewswire/ — Grand Bahama Shipyard today announced that it dry-docked its first vessel since reopening the shipyard shortly after Hurricane Dorian hit The Bahamas earlier this month. Taipei Trader, a 9,932-ton containership operated by Lomar Shipping Limited, docked at the No. 3 dock this week, a major step in the return of normal operations to the shipyard.

Taipei Trader [full size photo] first docked at the yard on August 25 for a routine program including propulsion and thruster maintenance, and preparation of the hull for protective coating application. On August 30, in accordance with the shipyard’s hurricane procedures, the vessel had to be undocked and depart the shipyard due to the projected path of Hurricane Dorian.

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IDB officials visit Abaco

Deputy Prime Minister and Minister of Finance Peter Turnquest accompanied the president of the Inter-American Development Bank on a fact finding tour of Abaco yesterday. Pictured: Minister Turnquest (fourth left) accompanies the president of the IDB (third left), Louis Alberto Moreno . (Photo courtesy BIS)

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TheBahamasInvestor.com
Tuesday, October 1, 2019
Tuesday, October 1, 2019

Deputy Prime Minister and Minister of Finance Peter Turnquest accompanied the president of the Inter-American Development Bank (IDB), Louis Alberto Moreno, on a fact finding tour of Abaco yesterday.

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The Bahamas celebrated the United Nations World Tourism Day, September 27, 2019, under the theme Tourism and Jobs — A Better Future For All. Watch a video of the Tourism Minister’s address here. 

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Tourism Today
Monday, September 30, 2019
Monday, September 30, 2019

Continue to see videoThe Bahamas celebrated the United Nations World Tourism Day, September 27, 2019, under the theme Tourism and Jobs — A Better Future For All.
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WHO director-general visits The Bahamas

Prime Minister Dr Hubert Minnis met with the director-general of the World Health Organization, Dr Tedros Adhanom Ghebreyesus, to discuss how the organization can increase its assistance to Hurricane Dorian reconstruction and recovery efforts in Abaco and Grand Bahama. Pictured: Prime Minister Dr Hubert Minnis (centre), with director-general Dr Tedros Adhanom Ghebreyesus (left), and Minister of Health Dr Duane Sands, September 28, 2019. (Photo courtesy BIS)

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TheBahamasInvestor.com
Monday, September 30, 2019
Monday, September 30, 2019

Prime Minister Dr Hubert Minnis met with the director-general of the World Health Organization (WHO), Dr Tedros Adhanom Ghebreyesus, to discuss how the organization can increase its assistance to Hurricane Dorian reconstruction and recovery efforts in Abaco and Grand Bahama.

Dr Ghebreyesus is the first WHO director-general to visit The Bahamas.

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PM Minnis addresses United Nations General Assembly – photos

Prime Minister Dr Hubert Minnis has urged the nations of the world to treat the global climate emergency as the greatest challenge facing humanity in his address to the 74th United Nations General Assembly September 27, 2019. Pictured: Prime Minister Dr Hubert Minnis addresses the 74th Session of the United Nations General Assembly in New York. (BIS Photos/Yontalay Bowe)

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TheBahamasInvestor.com
Monday, September 30, 2019
Monday, September 30, 2019

Prime Minister Dr Hubert Minnis has urged the nations of the world to treat the global climate emergency as the greatest challenge facing humanity in his address to the 74th United Nations General Assembly September 27, 2019.

The Prime Minister’s plea joins the cries and voices of many other world leaders and global citizens and comes almost one month after the Category 5 Hurricane Dorian devastated parts of Abaco and Grand Bahama.

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Hurricane Dorian continues to top the news this week as tourism losses mount in Abaco and Grand Bahama, and CIBC reschedules its Walk for the Cure event. Watch a ZNS Network business news report here. 

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ZNS News
Thursday, September 26, 2019
Thursday, September 26, 2019

Continue to see videoHurricane Dorian continues to top the news this week as tourism losses mount in Abaco and Grand Bahama, and CIBC reschedules its Walk for the Cure event.

Government signs HOAs with Carnival on projects worth $180m

The government yesterday signed two separate heads of agreements with Carnival for the $100-million development of a cruise port in Sharp Rock, Freeport, and an $80-million expansion of Half Moon Cay. Pictured: Prime Minister Dr Hubert Minnis (left) and Giora Israel, Carnival Corporation's Senior Vice-President/Global Port and Destination Development Giora Israel (next right) at the signing ceremony, Office of the Prime Minister, September 25, 2019. (BIS Photos/Yontalay Bowe)

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TheBahamasInvestor.com
Thursday, September 26, 2019
Thursday, September 26, 2019

The government yesterday signed two separate heads of agreements with Carnival for the $100-million development of a cruise port in Sharp Rock, Freeport, and an $80-million expansion of Half Moon Cay.

Prime Minister Dr Hubert Minnis noted the significance of the Freeport signing in the restoration and recovery of Grand Bahama following Hurricane Dorian.

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Bahamas delegation at UN Assembly

The Bahamas delegation attended the opening of the General Debate of the 74th United Nations General Assembly. 

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TheBahamasInvestor.com
Wednesday, September 25, 2019
Wednesday, September 25, 2019

The Bahamas delegation attended the opening of the General Debate of the 74th United Nations General Assembly.

Representatives include Minister of Foreign Affairs Darren Henfield, Minister of Transport and Local Government Renward Wells, Bahamas Ambassador and Permanent Representative to the United Nations Sheila Carey, Rickey Mackey MP, and Foreign Affairs Director General Sharon Brennen-Haylock.

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