The Central Bank of The Bahamas has released its Monthly Economic and Financial Development Report for June.

According to the preliminary data, the modest-paced improvement in the domestic economy was sustained over the review period, with tourism sector output remaining buoyant, as evidenced by the continued record growth in high value-added stopover arrivals.

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MIAMI BEACH, Fla.–(BUSINESS WIRE)–Holdun Family Office, a 5th generation Canadian family with offices in Montreal, [The] Bahamas and The Cayman Islands, is pleased to announce the launch of Holdun Family Office LLC in Miami, Florida. Holdun views the establishment of their most recent wealth management firm as a major expansion into the United States.

Global CEO Brendan Holt Dunn [pictured] of Holdun Family Office commented, “Our extensive family history has served us well in managing our client relationships worldwide. We are looking forward to working in partnership with our new U.S. families and bringing our expertise to the domestic U.S. market.”

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The board of directors of the Society of Trust and Estate Practitioners (STEP) Bahamas, paid a courtesy call on Minister of Financial Services, Trade and Investment and Immigration Elsworth Johnson, July 22, 2019.

The Bahamas International Securities Exchange (BISX) is pleased to announce that The Central Bank of The Bahamas (the “Central Bank”) has become a BISX Broker-Dealer Member. The Central Bank will become the seventh BISX Broker-Dealer Member.

The Central Bank’s addition as a BISX Broker-Dealer Member is unique in that it is not becoming a Member for the purposes of transacting securities for individual investors. Rather the Central Bank’s purpose as a Member is a part of the broader initiative to list Bahamas Registered Stock (BRS), issued by the Government of The Bahamas (“the Government’), on BISX.

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Pictured: Prime Minister Minnis delivers his welcome address during the Caribbean Public Services Associations 49th Annual Conference July 21, 2019. (BIS Photo/Yontalay Bowe)

The government will embark on an e-Cabinet programme aimed at increasing the efficiency in the public service, Prime Minister Dr Hubert Minnis has announced.

He was addressing the Caribbean Public Services Associations 49th Annual Conference held Sunday, July 21, 2019 at SuperClubs Breezes on Cable Beach.

In welcoming Caribbean delegates to the occasion, the Prime Minister also shared his government’s plans towards a more modern and efficient public service.

“The great contemporary challenge for governments and public officers in our region is the promotion of 21st Century governance.”

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Minister of Financial Services, Trade and Investment, and Immigration Elsworth Johnson delivered remarks during a luncheon hosted by the Chartered Institute of Arbitrators last week.

The event was held at Luciano’s Restaurant July 18, 2019.

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BRIDGETOWN, Barbados, July 18, 2019 (GLOBE NEWSWIRE) — Cloud Carib has been named as one of the world’s premier managed service providers on the prestigious 12th-annual Channel Futures MSP 501 rankings.

Coming in above all other providers in the Caribbean and Latin America, and #160 out of 501 managed service providers worldwide, there’s a lot to be proud of for The Bahamas owned and headquartered company.

Every year, MSPs worldwide complete an extensive survey and application to report their product offerings, growth rates, annual total and recurring revenues, pricing structures, revenue mix and more.

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The illa Bimini Resort & Residences beachfront eco-resort is set to break ground in August and features residential villas and a five-star boutique hotel situated on three private islands, just north of Bimini.

The resort complex is designed by Caribbean real estate development firm Island Developers, Oppenheim Architecture + Design and landscape architect Raymond Jungles.

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Deputy Prime Minister and Minister of Finance Peter Turnquest is attending the Annual Meeting of the Board of Governors of the Inter-American Development Bank (IDB) and the Board of Governors of the Inter-American Investment Corp), which is being held July 17-18, 2019 in Guayaquil, Ecuador.

Turnquest is currently the IDB Governor.

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The BOKA Vanguard, a semi-submersible heavy lift ship that can function as a floating dry dock, safely delivered the Carnival Vista cruise ship to the Grand Bahama Shipyard for repairs July 13, 2019.

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