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News & Press - Jul 17/18

 

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Bahamas Minister of Tourism and Aviation Dionisio D’Aguilar and a delegation including Director General Joy Jibrilu and other representatives are attending the Caribbean Tourism Organization’s (CTO) Caribbean Week event in New York City this week. 

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Ministry of Tourism
Tuesday, June 5, 2018
Tuesday, June 5, 2018

CTO Tourism AwardsBahamas Minister of Tourism and Aviation Dionisio D’Aguilar and a delegation including Director General Joy Jibrilu and other representatives are attending the Caribbean Tourism Organization’s (CTO) Caribbean Week event in New York City this week.

The CTO’s major annual summit will take place June 2-8 at Wyndham New Yorker hotel in Midtown. Tourism officials, industry professionals, media, students and Caribbean consumers will gather to share and receive important updates on the state of tourism in the region, and celebrate the sights, sounds, colour and culture of the Caribbean.

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Bahamian wins CTO Award

Talent from around the region will be recognised during Caribbean Week New York 2018 organised by the Caribbean Tourism Organization. Among the winners is Joy Jibrilu, Director General of Tourism, Bahamas Ministry of Tourism, who won the Allied Award. (Stock photo)

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TheBahamasInvestor.com
Monday, June 4, 2018
Monday, June 4, 2018

During Caribbean Week New York 2018 (#CWNY18), the Caribbean Tourism Organization (CTO) and its Allied Members will bestow special honours on nine industry and business professionals in addition to 12 travel influencers from the media, during its Caribbean Tourism Industry Awards Dinner and Fashion Show.

The event, taking place 7 June at the Wyndham New Yorker (481 Eighth Avenue), is co-sponsored by Jamaica and will feature Haitian-American Marlie Hall, an award-winning broadcast journalist and entrepreneur, and former correspondent for CBS News, as Master of Ceremonies.

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Central Bank publishes draft Credit Reporting Regulations

The Central Bank of The Bahamas has published the draft Credit Reporting Regulations, 2018 for information. Central Bank intends to bring the regulations into effect following the selection of the credit bureau service provider. 

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Central Bank of The Bahamas
Monday, June 4, 2018
Monday, June 4, 2018

The Central Bank of The Bahamas has published the draft Credit Reporting Regulations. The Central Bank intends to bring the regulations into effect following the selection of the credit bureau service provider.

The Governor of the Central Bank of The Bahamas, in exercise of the powers conferred by section 54 of the Credit Reporting Act, 2018 makes the following Regulations:

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Condolences extended after Labour Day tragedy

Tragically four people were killed and around 24 injured during the Randol Fawkes Labour Day Parade, when they were hit by an out of control vehicle. Read the Prime Minister’s message of condolences here. 

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Office of The Prime Minister
Monday, June 4, 2018
Monday, June 4, 2018

Tragically four people were killed and around 24 injured during the Randol Fawkes Labour Day Parade, when they were hit by an out of control vehicle.

Prime Minister Dr Hubert Minnis has issued a statement of condolences regarding this holiday tragedy.

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Travel agents experience The Bahamas

The Bahamas Tourist Office, Houston, Texas, recently teamed up with Bahamasair to provide US agents from the west and southwest areas, with an experiential visit to The Islands Of The Bahamas via Bahamasair's new Houston to Nassau direct service out of George Bush Intercontinental Airport. (MOT Photo)

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Ministry of Tourism
Thursday, May 31, 2018
Thursday, May 31, 2018

The Bahamas Tourist Office, Houston, Texas, recently teamed up with Bahamasair to provide US agents from the west and southwest areas, with an experiential visit to The Islands Of The Bahamas via Bahamasair’s new Houston to Nassau direct service out of George Bush Intercontinental Airport.

The some 25 travel agents on the trip included agents from top tour operator companies in the west and southwest such as Funjet Vacations, Virtuoso, AA Vacations, Apple Leisure Group, Pleasant Holidays, Travel Impressions, Inteletravel, VAX and Classic Vacations.

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Government releases draft revenue and expenditure estimates – PDF

The government has released the Draft Estimates of Revenue and Expenditure 2018/2019. This is to supplement the Budget Communication in Parliament delivered by Deputy Prime Minister and Minister of Finance Peter Turnquest yesterday. 

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TheBahamasInvestor.com
Thursday, May 31, 2018
Thursday, May 31, 2018

The government has released the Draft Estimates of Revenue and Expenditure 2018/2019. This is to supplement the Budget Communication in Parliament delivered by Deputy Prime Minister and Minister of Finance Peter Turnquest yesterday.

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Turnquest presents 2018/2019 Budget Communication

Deputy Prime Minister and Minister of Finance Peter Turnquest presented the 2018/2019 Budget Communication in the House of Assembly yesterday. Pictured: Minister Turnquest, centre, carries the Budget briefcase as government officials walk to the House of Assembly yesterday. Prime Minister Dr Hubert Minnis is pictured just right of Minister Turnquest. (BIS Photo/Yontalay Bowe)

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TheBahamasInvestor.com
Thursday, May 31, 2018
Thursday, May 31, 2018

Deputy Prime Minister and Minister of Finance Peter Turnquest presented the 2018/2019 Budget Communication in the House of Assembly yesterday.

His address centred upon ‘Implementing the Government’s Policy Agenda and Securing Core Fiscal Objectives.’

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GoldWynn Condo-Hotel complex breaks ground – photos

Prime Minister Dr Hubert Minnis took part in the Groundbreaking Ceremony of GoldWynn Condo-Hotel and Residences last week. Pictured: Prime Minister Hubert Minnis gives the keynote address for GoldWynn Condo-Hotel and Residences groundbreaking, May 23, 2018. (BIS Photo/Peter Ramsay)

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TheBahamasInvestor.com
Wednesday, May 30, 2018
Wednesday, May 30, 2018

Prime Minister Dr Hubert Minnis took part in the Groundbreaking Ceremony of GoldWynn Condo-Hotel and Residences last week.

GoldWynn, located on the eastern end of Goodman’s Bay Beach, within the Cable Beach strip, will be a five-storey upscale boutique, beachfront development of contemporary architecture at an estimated cost of $120 million.

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During his address to the Institute of Internal Auditors May 25, Minister of Finance Peter Turnquest said that the government is looking to strengthen the country's cadre of VAT auditors, as well as promoting "transparency, integrity and accountability" in business. 

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TheBahamasInvestor.com
Tuesday, May 29, 2018
Tuesday, May 29, 2018

Minister of Finance addresses Institute of Internal Auditors

Pictured: Minister of Finance Peter Turnquest addresses the Institute of Internal Auditors May 25 in Nassau. (BIS/IIA Photo)

During his address to the Institute of Internal Auditors May 25, Minister of Finance Peter Turnquest said that the government is looking to strengthen the country’s cadre of VAT auditors, as well as promoting “transparency, integrity and accountability” in business.

He said that since the introduction of VAT by the former administration, the government has outsourced its VAT auditing to an international team of auditors, which is costly.

“For the first time, we have implemented a strategic plan for the government to transfer those responsibilities to Bahamian professionals. Over the next few years, we will transition to a full team of Bahamian VAT auditors, creating new career paths for Bahamian professionals,” he said

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Freeport to host blockchain conference

The Bahamas Blockchain and Cryptocurrency Conference was officially announced by Minister of State for Grand Bahama in the Office of the Prime Minister Kwasi Thompson for June 20-22 during a press conference May 24, 2018. 

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TheBahamasInvestor.com
Monday, May 28, 2018
Monday, May 28, 2018

The Bahamas Blockchain and Cryptocurrency Conference was officially announced by Minister of State for Grand Bahama in the Office of the Prime Minister Kwasi Thompson during a press conference at Pelican Bay May 24, 2018.

The conference, scheduled to be held June 20-22 at the Grand Lucayan, was described by Minister Thompson as, “our coming out party” for blockchain and FinTech.

It is anticipated that representatives from 500 companies will converge on Grand Bahama, where investors and entrepreneurs will meet.

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