The Bahamas Investor

...a private meeting with Deputy Prime Minister Peter Turnquest and Minister of State for Grand Bahama Kwasi Thompson, to discuss the purpose of their trip to Grand Bahama. “A part of our goal in providing help to Grand Bahama is to do our part to help bring the economy back on its feet, and quickly, and to bring hope back to the people of Grand Bahama,” said Israel. “Carnival has a long, great relationship with The Bahamas that spans many decades a......

...of senior government officials to the two-day meeting, including Minister of Foreign Affairs Darren Henfield and High Commissioner of The Bahamas to CARICOM Reuben Rahming. Caribbean leaders will discuss a range of regional matters, including transportation, safety and security, and issues related to financial services. Prime Minister Minnis will attend day one of the inter-sessional meeting February 26, 2019. The Prime Minister will also take pa......

Addressing the 2nd annual Business-to-Business Expo last week, Minister of State for Grand Bahama Kwasi Thompson said the “Grand Lucayan deal is very much alive and underway”. “We have made tremendous progress with respect to that deal,” he added. Minister Thompson said that they are at the end of the negotiating process with the Grand Lucayan resort and beyond just transferring ownership of a hotel from one company to the another. “What we are d......

...of Chartered Accountants (BICA ) event in Freeport last weekend, Minister of State for Grand Bahama in the Office of The Prime Minister Kwasi Thompson said that Grand Bahamians must seek out and promote opportunities. “There are opportunities available in and for Grand Bahama,” said Minister Thompson at the November 18 event. “It is those opportunities that we should be talking about and selling our strengths, which we certainly have lots of.” Mi......

Pictured: Hon Khaalis Rolle, MP Minister of State for Investments, Office of The Prime Minister speaking at The Nassau Conference, themed “Engaging in a Transparent World”. (Harry Cutting photo/©Dupuch) Minister of State for Investments Khaalis Rolle opened one of The Bahamas’ financial community’s most important summits yesterday with a call for professionals in the industry to take advantage of opportunities, engage globally and stay current. D......

...e Davis; Deputy Prime Minister Philip Davis; Bernadette Christie; Minister of State for Investments Khaalis Rolle; Minister of Tourism Obie Wilchcombe; Minister of State in the Ministry of Legal Affairs Damien Gomez; and chairman of the Gaming Board Andre Rollins. Click here to see an enlarged photo. (BIS photo/Peter Ramsay) Pictured: (left) Prime Minister Perry Christie and Bernadette Christie tour the Bimini Superfast in the Port of Miami, June......

...” Present at the event were: Minister of Tourism Obie Wilchcombe; Minister of State for Investments Khaalis Rolle; Kevin Seymour, president of the Grand Bahama Chamber of Commerce; and Peter Turnquest, deputy leader of the Free National Movement and MP for East Grand Bahama. Pictured: Prime Minister Perry Christie, was on hand to officially open Freeport’s newest insurance brokerage, Freeport Insurance Agents & Brokers Ltd, February 19, 2015. Show......

Minister of State for Grand Bahama Kwasi Thompson has said that the new proposed Carnival Cruise Port, slated for development in East Grand Bahama, was announced to over 11,000 people within the cruise industry, during a recent conference in Miami, Florida, April 8-10, 2019. It was during one of the opening sessions of the Seatrade Cruise Global 2019 conference that president of Carnival Cruise Line Christine Duffy told the over 11,000 participan......

...t has stated its intention to revamp the resort. According to the Minister of State for Grand Bahama Kwasi Thompson, “the Grand Lucayan deal is very much underway” and negotiations are nearing an end. He said the deal was beyond simply transferring ownership of a hotel from one company to another. “What we are doing is providing a unique destination for Grand Bahama, one that is different and set apart from the rest of The Bahamas,” said Minister......

...aster and easier by creating a single point for submission of all applications related to the opening of a business,” Prime Minister Minnis said. “This will eliminate the need for visits to multiple agencies and will provide a source of information where all the requirements for opening a business are clearly outlined,” he added. The Department of Inland Revenue is currently conducting a Pilot Programme. The new process is expected to be “rolled o......

...elivers the keynote speech February 21. (BIS Photo/Andrew Miller) Minister of State for Grand Bahama in the Office of the Prime Minister Kwasi Thompson said yesterday that Grand Bahama is entering a critical period and local businesses should seize the opportunities presented. He made the comments during at the official opening of the Grand Bahama Business Outlook. The 21st annual Grand Bahama Business Outlook 2019 is being held under the theme “C......

...ran again and won. Following her victory, Strachan was appointed Minister of State in the Ministry of Transport and says two decades of legal experience helped equip her for her new responsibilities. “The transition [from the private sector to public office] has not been particularly difficult. My legal background really prepared me for politics.” Surprising new role Despite this, Strachan was still taken by surprise when she was chosen as Ryan P......

...t is a modernization reform that Bahamian businesspersons have been asking for, for a long time,” Prime Minister Minnis said during a press conference held to announce the liberalization of Exchange Control. The media event was held in Office of the Prime Minister December 20. Prime Minister Minnis was accompanied by his Cabinet along with other senior government officials including acting financial secretary Marlon Johnson; permanent secretary in......

...es in their contributions,” said Minister Johnson. “The success of the art form of Junkanoo though is really up to the groups. We cannot get involved in that aspect of it. Although, I’m convinced, the Junior Junkanoo programme continues to be stronger and stronger. Minister Johnson said that although certain aspects of Junkanoo are already being exported abroad, new ways of getting the essence of Junkanoo around the world must be found. For exampl......

...ment has agreed that the country shall achieve compliance under the United States Foreign Accounts Tax Compliance Act (FATCA) by negotiating and entering into a Model 1 Intergovernmental Agreement (IGA) with the United States Department of the Treasury . Minister Pinder said: “The government of The Bahamas has also agreed to the establishment of an inter-Ministerial committee on FATCA under the leadership of the Ministry of Financial Services be e......