The Bahamas Investor

.... In 2012, I made the point to Hilary Clinton, the then American Secretary of State, about the symbiotic relationship between our region and the United States of America. The plain fact is that The Bahamas, for example, begins less than 50 miles off the coast of Florida. So, when you take off on a flight from Florida you are almost immediately in Bahamian airspace. This proximity factor works for both good and ill. Our societies in the region prof......

...follows: if they obtain these resources from local commercial banks in the form of loans then no other condition would be imposed; if the funding is unsecured and from non-resident sources, again no other condition would apply.” Prime Minister Christie said. “In the case of a sector or activity that is reserved exclusively for Bahamians, funding from non-residents or non-commercial bank sources either through secured debt or through equity partici......

...ble economic environment for businesses.” Chief administrator A large part of Rolle’s earlier career was spent at the Central Bank, where he served in various capacities within the research department, progressing up the ranks from a statistical officer in 1990, to the managerial position he held until his move in 2009. From 2009 to 2012, Rolle, a chartered financial analyst, was seconded to the executive board of the IMF where he served as a seni......

...nference and Operations Summit November 9. (BIS Photo/Gena Gibbs) Minister of State for Investments Khaalis Rolle joined a panel of hospitality leaders November 9, to address prospective investors about current trends in The Bahamas to create jobs and expand the industry. The Caribbean Hotel Investment Conference and Operations Summit was held November 8- 9 at Atlantis Paradise Island , where hotel executives gathered to learn about careers in the......

Minister of State for Grand Bahama in the Office of The Prime Minister Kwasi Thompson addresses delegates at the opening of the Alternative Dispute Resolution Seminar at Pelican Bay Resort, September 21, 2017. (BIS Photo/Lisa Davis) As the government continues its quest to make Grand Bahama the centre for industry and innovation, and the entrepreneurial hub, it is important to embrace new ways to resolve matters and maintain respect and peace amo......

Minister of Foreign Affairs and Immigration Fred Mitchell said this week that the Prime Minister Perry Christie’s participation in the CARICOM Heads of Government Meeting , held earlier that week, signalled his “re-emergence” in the Caribbean theatre. “This was the first opportunity he had to attend a Heads of Government meeting since the general elections last year,” Minister Mitchell said. Minister Mitchell noted that the main issue discussed a......

Pictured: Minister of State for Investments Khaalis Rolle speaking Friday, November 9th — the final day of Accountants Week in Nassau. (Photo ©Dupuch/ Harry Cutting) Pursuing foreign direct investment (FDI) is a key priority for the government in developing a national economic strategy, according to Minister of State for Investments Khaalis Rolle. Speaking today at Accountants’ Week, Minister Rolle said foreign investors injected $1.5 billion int......

...; Attorney General Senator Allyson Maynard-Gibson; DPM Davis; and Minister of State for Investment Khaalis Rolle. (BIS Photo/Vandyke Hepburn) Governor General Sir Arthur Foulkes is greeted by Deputy Prime Minister Philip Davis (centre) at the opening of the Caribbean Financial Action Task Force Plenary Meeting, November 20, 2013, at the Grand Lucayan Resort, Freeport, Grand Bahama. Pictured: (at left) Minister of State for Investment Khaalis Rolle......

...ster were: Minister of Youth, Sports and Culture Michael Pintard; Minister of State for Grand Bahama in the Office of the Prime Minister Kwasi Thompson; permanent secretary in the Office of the Prime Minister, Harcourt Brown; parliamentary secretary, Pakesia Parker-Edgecombe; parliamentary secretary, Iram Lewis; and other staff of the Office of the Prime Minister. Pictured: Prime Minister Hubert Minnis tours PharmaChem’s $180 million expansion pro......

...f significant expansion,” he added. In giving a brief update on the status of the Foreign Account Tax Compliance Act (FATCA) implementation, Minister Pinder told BFSB members that, as they already knew, The Bahamas government has chosen a Model 1 Intergovernmental Agreement (IGA) as the framework on how FATCA will be administered in The Bahamas. He said the government has reviewed the IGA and has some suggested drafting changes. “We have been coor......

...served in previous FNM administrations as Deputy Prime Minister, Minister of Foreign Affairs, Attorney General and Minister of Tourism. Financial services industry stakeholders have already discussed potential opportunities for the sector with Minister Symonette, including ease of doing business, tax reviews, immigration, jurisdiction branding and repositioning of The Bahamas’ brand after the implementation of the Common Reporting Standard (CRS).......

...from Nassau harbour on East Bay Street. Pictured: Khaalis Rolle, Minister of Investments brings remarks during the launch of Sterling Bank & Trust May 26, 2016, Luciano’s of Chicago restaurant, Nassau. (Photo courtesy Sterling Global Financial) Government representatives at the launch included Minister of State for Investments Khaalis Rolle and Minister of Financial Services Hope Strachan . The government has a “stellar relationship” with Sterlin......

...d officer, China State Construction ; Prime Minister Perry Christie; Deputy Prime Minister and the Minister of Works and Urban Development Philip Davis; Minister of Tourism Obie Wilchcombe; Minister of State for Investments in the Office of the Prime Minister Khaalis Rolle; and The People’s Republic of China’s Ambassador to The Bahamas Hu Shan. (BIS Photo/Peter Ramsay)......

Pictured: Minister of State for Grand Bahama in the Office of the Prime Minister Kwasi Thompson arrives in Grand Bahama May 16. (BIS Photo/Vandyke Hepburn) Minister of State for Grand Bahama Kwasi Thompson arrived on the island earlier in the week to take up office. Minister Thompson spoke briefly with the media before going directly to the Ministry. He said: “To be appointed the Minister of State responsible for Grand Bahama really is an awesome......

...e government finalized its commitments under the EPA and the Joint Council of Ministers of Trade under the EPA incorporated The Bahamas’ commitments on trade in services and trade in investment into the agreement. The overall objective of the negotiations under the EPA, Minister Pinder said, was to negotiate the best opportunity for trade export expansion and economic development to aid the diversification thrust between CARIFORUM and the European......