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News & Press - Nov 19/18

 

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Grand Bahama Minister launches 2nd Annual Tech Summit – video

Minister of State for Grand Bahama Kwasi Thompson launched the 2nd annual Grand Bahama Tech Summit last week, noting that the focus of the event will be on showcasing education programmes and future developments. (Stock photo)

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TheBahamasInvestor.com
Monday, October 15, 2018
Monday, October 15, 2018

Minister of State for Grand Bahama Kwasi Thompson launched the 2nd annual Grand Bahama Tech Summit last week, noting that the focus of the event will be on showcasing education programmes and future developments.

The Minister’s remarks came during an official launch during a press conference at Pelican Bay resort on October 10, 2018.

The Tech Summit is slated to take place in Freeport, Grand Bahama, November 14-16, 2018 at the Grand Lucayan resort.

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DPM attends IMF/World Bank summit in Bali

Deputy Prime Minister and Minister of Finance Peter Turnquest is currently attending the 2018 Annual Meetings of the International Monetary Fund and the World Bank Group in Bali, Indonesia, which runs October 8-15. Pictured: (from left) Minister Turnquest (DPM, MOF), Christine Hogan (executive director at the World Bank), Keith Mitchell (Grenada PM), unnamed World Bank executive, and Nigel Clarke (Jamaica's MOF) at the 2018 Annual Meetings of the International Monetary Fund and the World Bank Group in Bali, Indonesia. (BIS Photo)

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TheBahamasInvestor.com
Monday, October 15, 2018
Monday, October 15, 2018

Deputy Prime Minister and Minister of Finance Peter Turnquest is currently attending the 2018 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group in Bali, Indonesia.

As part of the visit, last week he attended the Caribbean Caucus Round Table Discussion.

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The Pointe unveils Seven – photos

The Pointe development celebrated another milestone on its journey to completion yesterday with a "topping off" ceremony for One Particular Harbour and the official unveiling of Seven, The Pointe’s entertainment venue. 

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TheBahamasInvestor.com
Friday, October 12, 2018
Friday, October 12, 2018

The Pointe development celebrated another milestone on its journey to completion yesterday with a “topping off” ceremony for One Particular Harbour and the official unveiling of Seven, The Pointe’s entertainment venue.

The center, located next to the British Colonial Hilton, includes a movie theater, bowling lanes, virtual reality games room, bar, karaoke lounge and meeting rooms. Dignitaries and invited guests browsed the complex last night during a ribbon-cutting ceremony to mark its opening. Developers China Construction America (CCA) are also celebrating the launch of One Particular Harbour – The Pointe’s luxury oceanfront condos which are now open for sale.

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PM: Lighthouse Point decision expected next week

Prime Minister Dr Hubert Minnis has said that the government will make a decision by next week on the proposed development of the Lighthouse Point beach property on Eleuthera. Pictured: Prime Minister Dr Hubert Minnis addresses the Town Meeting on Lighthouse Point property, South Eleuthera October 10, 2018 at Green Castle Primary School. (BIS Photos/Yontalay Bowe)

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TheBahamasInvestor.com
Friday, October 12, 2018
Friday, October 12, 2018

Prime Minister Dr Hubert Minnis has said that the government will make a decision by next week on the proposed development of the Lighthouse Point beach property on Eleuthera.

The PM made the comment during a Town Meeting held this week on the island.

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American Airlines has expanded its service from Chicago to Nassau. The route was originally a seasonal Saturday-only offering but will now be offered year round come Summer 2019. 

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Tourism Today
Friday, October 12, 2018
Friday, October 12, 2018

American AirlinesThe Islands Of The Bahamas have become more accessible to people in Chicago thanks to American Airlines, which recently expanded its service from Chicago to Nassau. The route was originally a seasonal Saturday-only offering but will now be offered year round come Summer 2019.

This announcement comes as good news for the Bahamas Ministry of Tourism and Aviation who is seeking to increase the number of flights to The Islands Of The Bahamas.

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Minister of Tourism and Aviation Dionisio D’Aguilar announced during the closing session of the State of the Tourism Industry Conference last week that during the first six months of 2018 The Bahamas saw a 15.4 per cent increase in stopover visitors. Watch an interview with the minister here. 

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ZNS News
Tuesday, October 9, 2018
Tuesday, October 9, 2018

Continue to see videoMinister of Tourism and Aviation Dionisio D’Aguilar announced during the closing session of the State of the Tourism Industry Conference last week that during the first six months of 2018 The Bahamas saw a 15.4 per cent increase in stopover visitors.
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Happy National Heroes Day

The Bahamas celebrates National Heroes Day on the second Monday of October each year. We would like to take this opportunity to wish all our readers a relaxing long weekend and thank you for your continued support. Pictured: First Bahamian Governor General from 1973 until his passing in 1979, Sir Milo Butler. (Archive photo)

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TheBahamasInvestor.com
Monday, October 8, 2018
Monday, October 8, 2018

The Bahamas celebrates National Heroes Day on the second Monday of October each year.

Formerly known as Discovery Day or Columbus Day, this holiday has been dedicated to honouring Bahamian national heroes since 2013.

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As Grand Bahama has been declared the technology hub of the country, the island is now gearing up to host the 2nd Grand Bahama Technology Summit November 14-16, 2018 at the Grand Lucayan Resort. 

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TheBahamasInvestor.com
Friday, October 5, 2018
Friday, October 5, 2018

ALT TAG HEREAs Grand Bahama has been declared the technology hub of the country, the island is now gearing up to host the 2nd Grand Bahama Technology Summit November 14-16, 2018 at the Grand Lucayan Resort.

As a means to include the tech enthusiast, entrepreneurs, executives and engineers, both the Bahamian government and the GB Tech Hub Steering Committee have pushed for the implementation of technological advancements.

Throughout the course of the year, many strides have been made in this capacity as the first technology company – GIBC Digital –began processing under the Commercial Enterprises Act.

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Central Bank releases latest economic review – PDF

Preliminary indicators suggest that the economy’s modest growth rate was sustained over the review period, buoyed by gains in tourism sector metrics and positive impulses from foreign investment-led construction activity, according to The Central Bank of The Bahamas' Economic and Financial Developments review for August published this week. 

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Thursday, October 4, 2018
Thursday, October 4, 2018

Preliminary indicators suggest that the economy’s modest growth rate was sustained over the review period, buoyed by gains in tourism sector metrics and positive impulses from foreign investment-led construction activity, according to The Central Bank of The Bahamas’ Economic and Financial Developments review for August published this week.

In terms of prices, the pass-through effects of elevated international oil prices contributed to an uptick in domestic energy costs during the month.

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CTO officials attend SOTIC

Caribbean Tourism Organization (CTO) board of directors gathered, October 2, in the lead up to opening ceremonies for 2018 State of Tourism Industry Conference at Atlantis Paradise Island being held this week. Pictured: Click here to see a full size photo. (BIS Photo/Kemuel Stubbs)

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TheBahamasInvestor.com
Thursday, October 4, 2018
Thursday, October 4, 2018

Click here to see a full size photo.

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