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News & Press - Apr 19/18

 

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Nassau Container Port owner has signed Memorandum of Understanding with the University of The Bahamas to enhance knowledge and practices in environmental management. 

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TheBahamasInvestor.com
Thursday, April 5, 2018
Thursday, April 5, 2018

APD, UB sign environmental studies MOUAPD Ltd, owner and operator of Nassau Container Port and Gladstone Freight Terminal, has signed Memorandum of Understanding (MOU) with the University of The Bahamas (UB) to enhance knowledge and practices in environmental management.

In the terms of the MOU, APD, which counts 11,000 Bahamians among its owners, will give UB students the opportunity to obtain practical experience in developing an environmental management system (EMS).

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Bahamas readies for Agri-business Expo

Minister of Agriculture and Marine Resources Renward Wells said the goal of the Bahamas National Agricultural, Agri-business and Marine Resources Expo for 2018 is to shine a spotlight on the nation’s farmers and producers, as well as educate the population on the opportunities that exist in farming and fishing. Pictured: Lush winter vegetables grown in North Andros. (BIS Photo/Gladstone Thurston)

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TheBahamasInvestor.com
Thursday, April 5, 2018
Thursday, April 5, 2018

Minister of Agriculture and Marine Resources Renward Wells said the goal of the Bahamas National Agricultural, Agri-Business and Marine Resources Expo for 2018 is to shine a spotlight on the nation’s farmers and producers, as well as educate the population on the opportunities that exist in farming and fishing.

The Bahamas spends more than $1 billion annually on food imports, and Bahamians produce too little of what they consume, Minister Wells said at a press conference announcing plans for Expo 2018 at the Ministry April 4, 2018.

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Central Bank releases latest economic report – PDF

Preliminary indicators from The Central Bank of The Bahamas suggest that the domestic economy improved during February, buoyed by gains in tourism and foreign investment supported activity in the construction sector. 

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

Preliminary indicators from The Central Bank of The Bahamas suggest that the domestic economy improved during February, buoyed by gains in tourism and foreign investment supported activity in the construction sector.

In fiscal developments, the deficit narrowed during the first seven months of FY2017/2018, reflecting a sustained reduction in outlays, combined with a modest increase in revenue.

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Caribbean Week New York set for June

The theme of wellness will be incorporated into this year's Caribbean Week New York (#CWNY18) with a range of bespoke activities, including a trade show and educational forum for travel agents to help them to sell the Caribbean as a wellness and rejuvenation destination. 

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TheBahamasInvestor.com
Tuesday, April 3, 2018
Tuesday, April 3, 2018

Caribbean Tourism OrganizationThe theme of wellness will be incorporated into this year’s Caribbean Week New York (#CWNY18) with a range of bespoke activities, including a trade show and educational forum for travel agents 5 June to better prepare them to sell the Caribbean as a wellness and rejuvenation destination.

Caribbean Week New York is the largest regional tourism activity in the New York area.

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Climate change working group meets in Nassau

Some 25 participants representing government agencies, non-governmental organizations, community-based organizations and the private sector completed a policy level exercise on the Caribbean Climate Online Risk and Adaptation Tool, March 22-23, 2018 at SuperClubs Breezes, Cable Beach. Pictured: Participants in the working group on the Caribbean Climate Online Risk and Adaptation Tool (C-CORAL) March 22. (Photo via NEMA/BEST Commission)

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TheBahamasInvestor.com
Tuesday, April 3, 2018
Tuesday, April 3, 2018

Some 25 participants representing government agencies, non-governmental organizations, community-based organizations and the private sector completed a policy level exercise on the Caribbean Climate Online Risk and Adaptation Tool (C-CORAL), March 22-23, 2018 at SuperClubs Breezes, Cable Beach.

Prime Minister Dr Hubert Minnis will address the CEO Summit of the Americas, scheduled for April 12-13, 2018 in Lima, Peru. 

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TheBahamasInvestor.com
Thursday, March 29, 2018
Thursday, March 29, 2018

PM to address CEO Summit of the AmericasSummit of the Americas, scheduled for April 12-13, 2018 in Lima, Peru.

The CEO Summit, which will precede the two-day 8th Summit of the Americas attracts leading CEOs and heads of state from the region to analyze opportunities to promote economic growth and investment through public-private interaction under the Americas Business Dialogue mechanism.

The Americas Business Dialogue mechanism is a private-sector driven initiative facilitated by the Inter-American Development Bank (IDB) intended to foster a high-level and open policy dialogue among the most important business leaders on the region’s priorities, challenges and opportunities for social and economic development.

Summit will be held under the theme “Democratic Governance Against Corruption.”

FxPro execs meet FS Minister

Members of FxPro Group paid a courtesy call on Brent Symonette, Minister of Financial Services, Trade & Industry and Immigration at the Ministry March 26, 2018. 

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TheBahamasInvestor.com
Wednesday, March 28, 2018
Wednesday, March 28, 2018

Members of FxPro Group paid a courtesy call on Brent Symonette, Minister of Financial Services, Trade & Industry and Immigration at the Ministry March 26, 2018.

Bahamas-based IT firm expands in LatAm

Cloud Carib, a provider of managed cloud and ICT services headquartered in The Bahamas, has announced its expansion into Latin America with the opening of a new CaribPod, or data centre, in Ecuador. 

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TheBahamasInvestor.com
Tuesday, March 27, 2018
Tuesday, March 27, 2018

Cloud Carib, a provider of managed cloud and ICT services headquartered in The Bahamas, has announced its expansion into Latin America with the opening of a new CaribPod, or data centre, in Ecuador.

The CaribPod in Ecuador is a Tier 4 facility from which Cloud Carib will provide managed cloud and ICT services to regional businesses and government agencies.

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Government to expand capital investment

The government of The Bahamas intends to make provisions in the new budget year for substantial expansion in capital investment to bring the country’s national infrastructure up to standard. 

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TheBahamasInvestor.com
Tuesday, March 27, 2018
Tuesday, March 27, 2018

The government of The Bahamas intends to make provisions in the new budget year for substantial expansion in capital investment to bring the country’s national infrastructure up to standard.

The new budget year begins July 1, 2018.

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Bahamas completes trade mission to US – photos

Kwasi Thompson, Minister of State for Grand Bahama, and Edison Sumner, CEO of the Bahamas Chamber of Commerce and Employers Confederation, led a delegation of Bahamian public and private sector officials on a trade mission to the Washington DC and Baltimore area of the US earlier this month. Pictured: Caption 4 – The Bahamian delegation participates in dialogue and networking at the DC Chamber of Commerce March 6. At centre are Bahamas Ambassador Sidney Collie; Vincent Orange Sr, president of the DC Chamber of Commerce; Minister of State Kwasi Thompson; and BCCEC CEO Edison Sumner. (Photos courtesy BIS)

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TheBahamasInvestor.com
Monday, March 26, 2018
Monday, March 26, 2018

Minister of State Kwasi Thompson & Bahamas completes trade mission to US

Pictured: Minister of State Kwasi Thompson delivers remarks to Baltimore Chamber of Commerce delegates March 7. (Photo courtesy BIS)

Kwasi Thompson, Minister of State for Grand Bahama, and Edison Sumner, CEO of the Bahamas Chamber of Commerce and Employers Confederation (BCCEC), led a delegation of Bahamian public and private sector officials on a trade mission to the Washington DC and Baltimore area of the US March 5-7, 2018.

The trade mission explored the promotion of collaborative business links, both at the national and state level in the DC and Maryland area, so as to enhance the prospects for Bahamian trade and investment with the Washington DC area.

This was accomplished through the provision of opportunities for high-level and sector specific dialogue, networking and matchmaking.

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