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News & Press - Mar 26/19

 

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The Ministry of Tourism in conjunction with Atlantis Paradise Island resort, the Golf Channel and Global Golf Management has launched the White Sands Golf Series promotional campaign. Learn more about the project here. 

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Tourism Today
Thursday, February 7, 2019
Thursday, February 7, 2019

Continue to see videoThe Ministry of Tourism in conjunction with Atlantis Paradise Island resort, the Golf Channel and Global Golf Management has launched the White Sands Golf Series promotional campaign.
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DPM presents fiscal strategy to House – PDF

Deputy Prime Minister and Minister of Finance Peter Turnquest presented his Communication on the 2018 Fiscal Strategy Report during a debate in the House of Assembly February 6. Read the full communication here.

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TheBahamasInvestor.com
Wednesday, February 6, 2019
Wednesday, February 6, 2019

Deputy Prime Minister and Minister of Finance Peter Turnquest presented his Communication on the 2018 Fiscal Strategy Report during a debate in the House of Assembly February 6.

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The Cabinet, led by Prime Minister Dr Hubert Minnis, was in Freeport on Monday for the announcement of Carnival Cruise Line’s plans for a mega port in East Grand Bahama. 

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TheBahamasInvestor.com
Wednesday, February 6, 2019
Wednesday, February 6, 2019

Dr Hubert Minnis

Pictured: Prime Minister Dr Hubert Minnis speaks to the media February 5, 2019, while on a visit to Freeport, Grand Bahama. (BIS Photo/Lisa Davis)

The Cabinet, led by Prime Minister Dr Hubert Minnis, was in Freeport on Monday for the announcement of Carnival Cruise Line’s plans for a mega port in East Grand Bahama.

The Grand Port is expected to be completed in late 2021, and during the construction phase will employ some 1,000 people.

“We have several projects to discuss as it relates to Grand Bahama to take Grand Bahama even further,” said the Prime Minister.

The Grand Port project, he said, will give Bahamians the opportunity for ownership in the tourism and cruise industry.

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Government extols economic benefits of new GB port – audio

The proposed cruise port in Grand Bahama and the government’s fiscal reform top the news agent this week in The Bahamas. Listen to a Bahamas Information Services report here. 


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Bahamas Information Services
Wednesday, February 6, 2019
Wednesday, February 6, 2019


Central Bank Governor optimistic on economic growth – PDF

The Central Bank of The Bahamas Governor John Rolle says that he expects continued gradual improvement in financial sector indicators, as the economy expands further in 2019. His comments come following the bank’s publication of the latest Monthly Economic and Financial Development report. Read his full comments here. (Stock photo)

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Central Bank of The Bahamas
Tuesday, February 5, 2019
Tuesday, February 5, 2019

The Central Bank of The Bahamas Governor John Rolle says that he expects continued gradual improvement in financial sector indicators, as the economy expands further in 2019.

His comments come following the bank’s publication of the latest Monthly Economic and Financial Development report.

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Central Bank: Economy maintaining modest growth – PDF

Indications are that the domestic economy maintained its modest pace of growth in December, and was improved overall for 2018, according to The Central Bank of The Bahamas' latest economic report. Output was supported by ongoing gains in tourism, while foreign investment projects continued to fuel construction sector activity. 

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Central Bank of The Bahamas
Tuesday, February 5, 2019
Tuesday, February 5, 2019

Indications are that the domestic economy maintained its modest pace of growth in December, and was improved overall for 2018, according to The Central Bank of The Bahamas‘ latest economic report. Output was supported by ongoing gains in tourism, while foreign investment projects continued to fuel construction sector activity.

The economy’s uptrend was evident from strongly elevated foreign currency inflows through the banking sector and equally robust demand, evident in external payments for goods and services.

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PM attends dedication of Holland America’s new cruise ship – photos

Prime Minister Dr Hubert Minnis and Minister of Tourism Dionisio D’Aguilar were among special guests at the dedication ceremony of Holland America Line’s Nieuw Statendam cruise ship February 2, 2019. Pictured: Prime Minister Minnis (centre) attends the Dedication with Carnival Corp chairman Mickey Arison (left) and Minister D'Aguilar. (Photos courtesy BIS)

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TheBahamasInvestor.com
Monday, February 4, 2019
Monday, February 4, 2019

Prime Minister Dr Hubert Minnis and Minister of Tourism Dionisio D’Aguilar were among special guests at the dedication ceremony of Holland America Line’s Nieuw Statendam cruise ship February 2, 2019.

Holland America Line is a division of Carnival Cruise Corporation & plc, the world’s largest leisure travel company.

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House approves $30m IDB loan for tech upgrades

The government is looking to upgrade its digital platform with the help of a loan of $30 million from the Inter-American Development Bank. The House of Assembly approved the resolution earlier this week. 

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TheBahamasInvestor.com
Friday, February 1, 2019
Friday, February 1, 2019

The government is looking to upgrade its digital platform with the help of a loan of $30 million from the Inter-American Development Bank for the purpose of financing the Government Digital Transformation to Strengthen Competitiveness Programme.

Prime Minister Dr Hubert Minnis tabled a Resolution to this effect in the House of Assembly January 30; it was subsequently debated and passed.

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The government’s Tourism Development Corp is looking to advance the tourism product in The Bahamas through promoting and encouraging Bahamian entrepreneurs and artisans. Watch a report on the initiative here. 

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Tourism Today
Thursday, January 31, 2019
Thursday, January 31, 2019

Continue to see videoThe government’s Tourism Development Corp is looking to advance the tourism product in The Bahamas through promoting and encouraging Bahamian entrepreneurs and artisans.
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In the first of a series of national reports, Prime Minister Dr Hubert Minnis addressed the nation January 28. His speech was broadcast on local television channels. Watch a summary of the address here. 

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ZNS News
Wednesday, January 30, 2019
Wednesday, January 30, 2019

Continue to see videoIn the first of a series of national reports, Prime Minister Dr Hubert Minnis addressed the nation January 28. His speech was broadcast on local television channels. Watch a summary of the address here.
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