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News & Press - Jan 23/19

 

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America Airlines has launched new round-trip flights to Abaco and Eleuthera. Watch a video about the inaugural flights here. 

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Tourism Today
Friday, January 4, 2019
Friday, January 4, 2019

Continue to see videoAmerica Airlines has launched new round-trip flights to Abaco and Eleuthera. Watch a video about the inaugural flights here.
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The Bahamas won several awards last year for its tourism products including a World Travel Award for the Best Destination Wedding location. Watch an interview with director of romance at the Ministry of Tourism Freda Malcolm here. 

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Tourism Today
Friday, January 4, 2019
Friday, January 4, 2019

Continue to see videoThe Bahamas won several awards last year for its tourism products including a World Travel Award for the Best Destination Wedding location.
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Bahamas maintains modest economic growth – PDF

Preliminary economic indicators suggest that the modest growth in the Bahamian economy persisted during the latter part of last year, supported by gains in tourism sector output, while foreign investment projects continued to provide the impetus for construction sector activity, according to The Central Bank of The Bahamas. 

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Central Bank of The Bahamas
Friday, January 4, 2019
Friday, January 4, 2019

Preliminary economic indicators suggest that the modest growth in the Bahamian economy persisted during November, supported by gains in tourism sector output, while foreign investment projects continued to provide the impetus for construction sector activity, according to the latest economic report produced by The Central Bank of The Bahamas.

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Central Bank opens consultation on Basel III Liquidity reforms

The Central Bank of The Bahamas has announced a 60-day consultation period following the release of a discussion paper on Implementing Basel III: Liquidity Coverage Ratio and Net Stable Funding Ratio in The Bahamas. The consultation period will run until February 28, 2019. 

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Central Bank of The Bahamas
Friday, January 4, 2019
Friday, January 4, 2019

The Central Bank of The Bahamas (“the Central Bank”) is pleased to release for a 60 day consultation period, a discussion paper on Implementing Basel III: Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) in The Bahamas. The consultation period will run from 27th December, 2018 to 28th February, 2019.

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This is an excerpt from Central Bank of The Bahamas as it appeared on January 4, 2019. For updates or to read the current version of this post in its entirety, please click here.

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Government looks to strengthen financial services sector – PDF

In an effort to enhance the financial services sector, the government of The Bahamas announced today that it is developing a new framework aimed at strengthening industry regulations and protecting revenues to the Public Treasury. Read a full statement by Deputy Prime Minister and Minister of Finance Peter Turnquest here. 

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TheBahamasInvestor.com
Thursday, January 3, 2019
Thursday, January 3, 2019

In an effort to enhance the financial services sector, the government of The Bahamas announced today that it is developing a new framework aimed at strengthening industry regulations and protecting revenues to the Public Treasury.

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Bahamas celebrates festive period in style – photos

The Bahamas' world famous junkanoo parades took place over the festive period. See pictures from the Boxing Day celebrations here. 

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TheBahamasInvestor.com
Thursday, January 3, 2019
Thursday, January 3, 2019

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The Bahamas’ success as a leader in regional tourism and the new eco-resort at Port St George dominate the news at the start of the year in The Bahamas. Watch a ZNS Network business news report here. 

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ZNS News
Thursday, January 3, 2019
Thursday, January 3, 2019

Continue to see videoThe Bahamas’ success as a leader in regional tourism and the new eco-resort at Port St George dominate the news at the start of the year in The Bahamas.
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The Bahamas has won two awards in the Caribbean Journal’s Caribbean Travel Awards 2018. The island nation picked up the Best Caribbean Destination and Best Caribbean Tourism Minister accolades. 

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Tourism Today
Friday, December 21, 2018
Friday, December 21, 2018

WTAbahamasNASSAU, Bahamas (MOTA) – The Islands Of The Bahamas continue to dominate tourism in the Caribbean according to the Caribbean Journal. The world’s largest website covering Caribbean travel and tourism bestowed two key awards on The Bahamas in its Caribbean Travel Awards 2018: Best Caribbean Destination and Best Caribbean Tourism Minister.

Editor and Publisher Alexander Britell said, “The region’s tourism offering has never been more diverse or more energetic. It’s a message to the world that the Caribbean isn’t just back — it’s better than ever.”

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Central Bank issues AML/CFT guidance

The Central Bank of The Bahamas has released a Guidance Note on the Administrative Monetary Penalties for Anti Money-Laundering and Countering the Financing of Terrorism Regime as well as the schedule of breaches. Read the guidance here. 

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Central Bank of The Bahamas
Friday, December 21, 2018
Friday, December 21, 2018

“The Central Bank of The Bahamas (hereinafter referred to as the “Bank”) has today released a Guidance Note on the Administrative Monetary Penalties for Anti Money-Laundering and Countering the Financing of Terrorism Regime as well as the schedule of breaches.

The Bank hereby notifies its supervised financial institutions of the Bank’s adoption of an administrative monetary penalties (AMP) system, in accordance with provisions under the Financial Transactions Reporting Act, 2018 (hereinafter referred to as the “FTRA”).

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Caribbean Export hosts 2nd Angel Investor forum

'Driving Growth Through Private Investment' was the focus of the Caribbean Export Development Agency’s 2nd Caribbean Angel Investor Forum held at the Hyatt Regency, Port of Spain, Trinidad and Tobago last month. Pictured: Policy makers, entrepreneurs, private and angel investors in the audience at the forum. (Caribbean Export photos)

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TheBahamasInvestor.com
Wednesday, December 19, 2018
Wednesday, December 19, 2018

“Driving Growth Through Private Investment” was the focus of the Caribbean Export Development Agency’s (Caribbean Export) 2nd Caribbean Angel Investor Forum held at the Hyatt Regency, Port of Spain, Trinidad and Tobago last month.

The Forum which was held November 29-30, gathered a distinguished group of prominent policy makers, entrepreneurs, private and angel investors.

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