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News & Press - Dec 11/19

 

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LPIA stakeholders to meet ahead of busy Thanksgiving weekend

Stakeholders at Lynden Pindling International Airport will meet to finalize plans for managing increased traffic over the upcoming holiday period. (Photo courtesy NAD)

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TheBahamasInvestor.com
Thursday, November 21, 2019
Thursday, November 21, 2019

Stakeholders at Lynden Pindling International Airport (LPIA) will meet to finalize plans for managing increased traffic over the upcoming holiday period.

Officials estimate some 90,000 passengers will move through LPIA’s three terminals November 27-December 2 as the peak travel season kicks off with US Thanksgiving.

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The Ministry of Finance has published an annual Fiscal Strategy Report that outlines the medium-term macroeconomic and fiscal outlook of the country. Read the full report here. 

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TheBahamasInvestor.com
Thursday, November 21, 2019
Thursday, November 21, 2019

Fiscal Strategy ReportThe Ministry of Finance has published an annual Fiscal Strategy Report that outlines the medium-term macroeconomic and fiscal outlook of the country and the government’s fiscal strategy to serve as a guide for the preparation of the next annual Budget, in accordance with the requirements of the Fiscal Responsibility Act, 2018.

As mandated by the Fiscal Responsibility Act, 2018, the government is obliged to present the Fiscal Strategy Report (FSR) to Parliament and the newly established Fiscal Responsibility Council, by the third Wednesday of November, yesterday.

The Fiscal Strategy Report outlines the macroeconomic and fiscal outlook that will guide the framework for the upcoming budget—in this case being FY2020/21, and the medium-term horizon.

The context for this Fiscal Strategy Report is quite different from the previous one, as it comes on the heels of the strongest and most destructive storm ever recorded in the Atlantic Ocean, which, in early September 2019, decimated parts of the northern Bahamas, leaving behind total damages, losses and additional costs estimated at $3.4 billion.

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The Ministry of Tourism and Aviation’s promotional mission to Canada tops the business news in The Bahamas this week. Watch a ZNS Network news segment here. 

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ZNS news
Wednesday, November 20, 2019
Wednesday, November 20, 2019

Continue to see videoThe Ministry of Tourism and Aviation’s promotional mission to Canada tops the business news in The Bahamas this week. Watch a ZNS Network news segment here.
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Tourism Minister promotes Bahamas on Canada TV – photos

Minister of Tourism Dionisio D'Aguilar continues to push the message that The Bahamas is open for business, appearing on Canadian TV show Global News Morning BC with reporter Sonia Sunger. 

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TheBahamasInvestor.com
Tuesday, November 19, 2019
Tuesday, November 19, 2019

Minister of Tourism Dionisio D’Aguilar continues to push the message that The Bahamas is open for business, appearing on Canadian TV show Global News Morning BC with reporter Sonia Sunger.

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Luxury condo developer to accept cryptocurrencies

The Residences at Goldwynn, a luxury beachfront condominium and resort development on Cable Beach in The Bahamas, has announced that it will now accept multiple digital currencies for real estate purchases. 

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Goldwynn
Tuesday, November 19, 2019
Tuesday, November 19, 2019

NASSAU November 2019 (NewsBTC) – The Residences at Goldwynn, a sophisticated luxury beachfront condominium and resort development at Cable Beach in The Bahamas, has announced that they are now accepting multiple digital currencies for real estate purchases.

“The Bahamas is the chosen home and playground of the world’s top business executives, elite athletes, and Hollywood celebrities” said Matthew Marco, Director of Sales and Marketing for Wynn Development, “With Goldwynn, we are making paradise more accessible than ever before by embracing new technology and accepting all major digital currencies. We want to enable purchasers who hold a large portion of their wealth in digital currencies to deploy their capital, and we are very comfortable with the asset class.”

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British Airways is expanding its flights service next year. The air carrier will be adding a new weekly Tuesday flight between Heathrow and LPIA. That service is slated to begin March 29, 2020, according to a statement from the Bahamas Ministry of Tourism. 

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TTG Media Ltd
Monday, November 18, 2019
Monday, November 18, 2019

BA LOGO(TTG Media) – British Airways will extend its Bahamas flight programme in the spring.

The carrier will add an extra Nassau service in late March, increasing its direct service from Heathrow airport from four flights a week to five.

Its new Tuesday flight will get under way on 31 March 2020 and is on sale now.

Flights will be operated by a Boeing B777-200 aircraft offering three cabins – economy, premium economy and business.

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This is an excerpt from TTG Media Ltd as it appeared on November 18, 2019. For updates or to read the current version of this post in its entirety, please click here.

Go to the source of this post >
BFSB hosts Bahamas Landfall in Dubai

The Bahamas Financial Services Board is hosting its trademark Bahamas Landfall event in Dubai, United Arab Emirates, November 18. The breakfast briefing event will be held at the Dubai International Financial Centre. 

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TheBahamasInvestor.com
Friday, November 15, 2019
Friday, November 15, 2019

The Bahamas Financial Services Board (BFSB) is hosting its trademark Bahamas Landfall event in Dubai, United Arab Emirates, November 18.

The breakfast briefing is the latest in The Bahamas Landfall series of promotional events where financial services professionals and investors get insight into the advantages of living, working and investing in The Bahamas.

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Bahamas makes a big splash at Florida boat show – photos

Minister of Tourism and Aviation Dionisio D’Aguilar recently attended the 60th Annual Fort Lauderdale International Boat Show, which heavily promoted The Bahamas. Palm City Yachts donates Sportsfish boat: (from left) Andrew Doole, President, US Boat Shows, Informa Markets; Minister D’Aguilar; Craig Clements, Owner, Palm City Yachts; John Nigro, Director of Operations, US Boat Shows, informa Markets and Greg Rolle, Sr. Director Vertical Markets, MOTA. (Photo courtesy of MOTA, FLIBS and J. Christopher)

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TheBahamasInvestor.com
Thursday, November 14, 2019
Thursday, November 14, 2019

The Bahamas Minister of Tourism and Aviation Dionisio D’Aguilar recently attended the 60th Annual Fort Lauderdale International Boat Show (FLIBS) which made a big splash in support of The Bahamas.

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Baha Mar to host 2020 Great Abaco Classic

International sports management company bdG Sports has announced that the 2020 The Bahamas Great Abaco Classic will be moved to Royal Blue Golf Club at Baha Mar due to Hurricane Dorian’s impact on Great Abaco. Pictured: (from left) Jeff Rodgers , MOTA; Graeme Davis, Baha Mar; Dionisio D’Aguilar, Minister of Tourism and Aviation; and Brooks Downing, CEO bdG Sports. (BIS Photo/Kemuel Stubbs)

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TheBahamasInvestor.com
Thursday, November 14, 2019
Thursday, November 14, 2019

International sports management company bdG Sports has announced that the 2020 The Bahamas Great Abaco Classic will be moved to Royal Blue Golf Club at Baha Mar due to Hurricane Dorian’s impact on Great Abaco.

The Korn Ferry Tour tournament, which features 132 professionals vying in the year-long series to earn their PGA TOUR card, will be played January 16-22 in its traditional role as the second event of the new season, following The Bahamas Great Exuma Classic, which is played the week before at Sandals Emerald Bay.

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PM opens Bahamas Embassy in Brussels

Prime Minister Dr Hubert Minnis arrived in Brussels, Belgium, yesterday to officially open The Bahamas Embassy and Mission to the European Union. 

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TheBahamasInvestor.com
Wednesday, November 13, 2019
Wednesday, November 13, 2019

Prime Minister Dr Hubert Minnis arrived in Brussels, Belgium, yesterday to officially open The Bahamas Embassy and Mission to the European Union.

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