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News & Press - Nov 19/18

 

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Exuma Cays Land and Sea Park wins conservation award

The Marine Conservation Institute has announced that the Exuma Cays Land and Sea Park in The Bahamas has earned a Platinum Global Ocean Refuge Award. 

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TheBahamasInvestor.com
Tuesday, October 30, 2018
Tuesday, October 30, 2018

Exuma Cays Land and Sea Park wins conservation awardThe Marine Conservation Institute has announced that the Exuma Cays Land and Sea Park in The Bahamas has earned a Platinum Global Ocean Refuge Award.

The institute made the announcement during the 2018 Our Ocean Conference being held in Bali, Indonesia, this week.

Joining a prestigious group of ten marine protected areas (MPAs) that comprise the Global Ocean Refuge System means that Exuma Cays Land and Sea Park meets the highest science-based standards for biodiversity protection and best practices for management and enforcement.

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News round-up in The Bahamas – audio

In The Bahamas this week the 18th National Public Service Week got under way; the Attorney General’s office released a statement on the activities of the Financial Action Task Force; and Exuma Cays Land and Sea Park earned a Platinum Award for high standards. Listen to a news round-up from BIS here. 

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Bahamas Informations Services
Tuesday, October 30, 2018
Tuesday, October 30, 2018


Buckeye Partners, which owns an oil storage facility on Grand Bahama, is scheduled to release its 2018 third quarter earnings November 2, 2018. 

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Globe Newswire
Monday, October 29, 2018
Monday, October 29, 2018

Buckeye set to release 2018 third quarter earningsHOUSTON, Texas. October 2018 (GLOBE NEWSWIRE) — Buckeye Partners, L.P. (“Buckeye”) (NYSE: BPL) is scheduled to release its 2018 third quarter earnings on November 2, 2018. Interested parties are invited to listen to the conference call on the 2018 third quarter financial results.

Buckeye Partners, L.P. (NYSE: BPL) is a publicly traded master limited partnership which owns and operates, or owns a significant interest in, a diversified global network of integrated assets providing midstream logistic solutions, primarily consisting of the transportation, storage, processing and marketing of liquid petroleum products.

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Minister of State for Grand Bahama Kwasi Thompson and permanent secretary in the Office of the Prime Minister Elise Delancy recently participated in an executive training course in e-government for Caribbean region policymakers and managers hosted by the Inter-American Development Bank in Estonia. 

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TheBahamasInvestor.com
Thursday, October 25, 2018
Thursday, October 25, 2018

Bahamas moves towards e-governmentMinister of State for Grand Bahama Kwasi Thompson and permanent secretary in the Office of the Prime Minister Elise Delancy recently participated in an executive training course for Caribbean policymakers and managers in Tallinn, Estonia, sponsored by the Inter-American Development Bank.

The aim of the course, which ran October 15-19 in Estonia, was to provide Caribbean policymakers and managers with the necessary tools to develop and strengthen participating countries and nations’ capacities in digital government and make a wider and more efficient use of information technology in the public sector.

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BDB meets with Securities Commission

Bahamas Development Bank managing director Dave Smith along with deputy managing director Justin Sturrup paid a courtesy call on the Securities Commission to discuss the commission’s crowdfunding push and other potential capital raising instruments such as SMART Funds. Pictured: (from left) Justin Sturrup; Christina Rolle, executive director, Securities Commission; Dave Smith; Sherinn Munnings, deputy manager, Securities Commission. (BDB Photo, unattributed)

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TheBahamasInvestor.com
Wednesday, October 24, 2018
Wednesday, October 24, 2018

Bahamas Development Bank managing director Dave Smith along with deputy managing director Justin Sturrup paid a courtesy call on the Securities Commission to discuss the commission’s crowdfunding push and other potential capital raising instruments such as SMART Funds.

The bank executives met with Christina Rolle, executive director, Securities Commission and deputy manager Sherinn Munnings.

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Bahamas to implement IMF general data system

A mission of the International Monetary Fund’s Statistics Department visited Nassau during October 16-22, 2018, to assist The Bahamas with the implementation of the Enhanced General Data Dissemination System, which was endorsed by the IMF’s Executive Board in May 2015. 

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Central Bank of The Bahamas
Wednesday, October 24, 2018
Wednesday, October 24, 2018

NASSAU, The Bahamas (Central Bank of The Bahamas) – A mission of the International Monetary Fund’s Statistics Department visited Nassau during October 16 – October 22, 2018, to assist the Bahamas with the implementation of the Enhanced General Data Dissemination System (e GDDS), which was endorsed by the IMF’s Executive Board in May 2015.

The mission supported the development of the National Summary Data Page (NSDP), which will be posted on the website of the Central Bank of The Bahamas, in coordination with the Ministry of Finance and the Department of Statistics. The page will utilize the Statistical Data and Metadata Exchange (SDMX) and aims to serve as a one-stop publication vehicle for key macroeconomic and financial data.

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BIS news recap – audio

The Bahamas Information Service has released an audio recap of recent events in The Bahamas including the National Economic Council’s announcement that it has approved the proposal submitted by Disney Cruise Line Island Development Ltd for its of Lighthouse Point project on South Eleuthera. 

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TheBahamasInvestor.com
Monday, October 22, 2018
Monday, October 22, 2018


RCI to focus on growth

Building on its 50-year history in The Bahamas, Royal Caribbean International (RCI) has reaffirmed its commitment to the country, investing $200 million in its Berry Island destination, CocoCay, and donating $28,000 to the LJM Maritime Academy in Nassau. 

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TheBahamasInvestor.com
Thursday, October 18, 2018
Thursday, October 18, 2018

Building on its 50-year history in The Bahamas, Royal Caribbean International (RCI) has reaffirmed its commitment to the country, investing $200 million in its Berry Island destination, CocoCay, and donating $28,000 to the LJM Maritime Academy in Nassau.

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Long Island resort development revealed

Star Resort Group Inc. has announced plans for an eco-engineered luxury waterfront destination on Long Island. The mixed-use development is slated to make extensive use of solar in a bid towards operating off-grid. 

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Star Resort Group Inc
Thursday, October 18, 2018
Thursday, October 18, 2018

LONG ISLAND, Bahamas–(BUSINESS WIRE)–Star Resort Group Inc. announced plans for The Bahamas’ first eco-engineered luxury waterfront destination, Port St. George. Located on the pristine Long Island, known for its contrasting coastline of limestone cliffs and tranquil beaches, Port St. George is taking a major step toward operating entirely off-grid through extensive use of solar tiles and storage batteries.

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AG, FS Minister speak at AIBT bootcamp

Minister of Financial Services, Trade and Industry and Immigration Brent Symonette and Attorney General Carl Bethel took part in the Association of International Bank & Trust Companies in The Bahamas' Financial Services Boot Camp held on the sidelines of the Nassau Conference at the Baha Mar Convention Centre last week. Pictured: Minister Symonette (left) and Attorney General Carl Bethel respond to questions. BFSB chair Antoinette Russel (right) moderates. (BIS Photo/Kristaan Ingraham)

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TheBahamasInvestor.com
Wednesday, October 17, 2018
Wednesday, October 17, 2018

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