Connect with us

News

The Caribbean Basin Coastal Surveillance And Maritme Security Summit 2015

Published

on

Coral Harbour, 26 Mar 2015 – The Caribbean Basin Coastal Surveillance and Maritime Security Conference 2015 was convened at the Melia Nassau Beach this week. This is the third year for the security conference which was cohosted by The Ministry of National Security and The Royal Bahama Defence Force. Conference organizer, Mr. Alexander Stephenson, stated that “CABSEC 15 seeks to promote regional cooperation and the exchange of information in order to combat transnational organized crime and to enhance security throughout the Caribbean Basin”.

The Minister of National Security, Hon Dr. Bernard Nottage, addressed the conference on Wednesday morning where he appraised panelists and delegates of the government-backed Sandy Bottom project, a major financial investment and capital development project, designed to ensure that the Royal Bahamas Defence Force is well equipped to provide effective maritime dominance for the security of Bahamas territorial waters. Acting Commander Defence Force, Captain Tellis Bethel, also addressed the conference where he spoke on the modernization and decentralization process currently underway at the Royal Bahamas Defence Force. Captain Bethel stated that important keys to regional security include transformational leadership, government support and regional partnerships.

Other notable attendees included: Ambassador Secretary of Multidimensional Security of the Organization of American States, His Excellency Adam Blackwell, Ambassador of the Delegation of the European Union, Her Excellency Paola Amadei, High Commissioner of Canada to the Bahamas, His Excellency Robert Ready, Commodore Hans Lodder, Commander Netherland Force in the Caribbean/Director Dutch Caribbean.
Countries and territories represented at this year’s CABSEC meeting were: Canada, Cayman Islands, Colombia, and Dominican Republic. Delegates from: Barbados, Curacao, Germany and Mexico were also in attendance.

Magnetic Media is a Telly Award winning multi-media company specializing in creating compelling and socially uplifting TV and Radio broadcast programming as a means for advertising and public relations exposure for its clients.

Caribbean News

Millions to come from FSC 

Published

on

Dana Malcolm 

Staff Writer 

 

 

#TurksandCaicos, March 17, 2023 – Revenue from the Turks and Caicos’ Financial Services Sector will more than double in the next few years, if E Jay Saunders, Deputy Premier and Finance Minister gets his way.  It ‘s one of the reasons the country is investing so much capital into getting off of the EU blacklist and becoming a secure trustworthy financial destination. 

“The FSC’s revenues for 2020/21 was $10.5M— the figures for 2021/22, would be about similar,” he said.  He further explained that $10.5 million from the FSC represented about 2.6 percent of the country’s 408.5-million-dollar revenue.  Though it increased to $14 million in the 2021/22 financial year, finance is still a small fry compared to tourism or even stamp duties but that will change, says Saunders. 

“My revenue goal for the Government by the year 2029 [or] the election after the next election – is $500M.  By that time, I want the financial sector (FSC) revenues to represent at least 5% ($25M).  So that’s my goal for the financial sector by 2029.” 

This goal, should it be met, would increase the Government’s revenue by 100 million dollars, a significant increase in spending power for local upgrades and improvements for Turks and Caicos residents and visitors. 

Saunders says it’s time for the TCI to diversify its sources of revenue to make sure that what happened in the COVID-19 pandemic, which saw residents out of a job for months, will not happen again.  Tourism now makes up around 80 percent of the country’s GDP.  The Minister of Finance wants to push that down to 60 or even 50 percent.  

Continue Reading

Caribbean News

Debrief on Haiti Caribbean heads visit 

Published

on

Dana Malcolm 

Staff Writer 

 

 

#Haiti, March 17, 2023 – When a CARICOM delegation visited Haiti earlier this month, conspicuously absent was the Turks and Caicos Islands despite being one of the nations most directly affected by the multi-dimensional crisis there.  There is no comment, as yet from the Premier, to say why this was the case.  

Still, from the expedition, CARICOM heads of Government have informed that there will be lobbying in Africa for assistance in Haiti.  They say they have decided that the best course of action for the Caribbean country is to bolster the Haitian National Police and act as intermediaries with Africa and the world.  The decision follows a one day visit on February 27th, and a March 5th meeting chaired by the Bahamas. 

CARICOM says during the trip delegates ‘met with a broad range of Haitian stakeholders to hear their views on the way forward to a Haitian-led solution’. With that in mind it has made a decision on how to proceed.

“The Heads of Government agreed to support the Haitian National Police in their efforts to address the security situation.  The focus of the Community will be the provision of training for the HNP and the provision of humanitarian assistance to HNP and the wider Haitian society, taking into account the challenging humanitarian and security situation”

It’s not clear yet where and how this training will take place.  Also distinctly absent from the report, no more mention of boots on the ground from other countries despite CARICOM Member States indicating they were ready and willing should it come to that.

In addition, recognizing ‘the common historical experiences and the strong African-Caribbean relationship’ CARICOM says,

“Heads of Government also agreed to seek support from African countries for Haiti.  They also agreed to work with the Governments of Canada and the United States as well as the UNDP”

Magnetic Media has reached out to the Premier’s Office to get a full debrief of the February 27th visit (led by Jamaica; including The Bahamas and Trinidad and Tobago) to learn of Turks and Caicos’ posture following the critical sessions.  

Continue Reading

Caribbean News

New ASHLEY’S LEARNING CENTRE CONCERT

Published

on

Dana Malcolm 

Staff Writer

 

 

#TurksandCaicos, March 17, 2023 – Musicians from the New World Symphony will be in the Turks and Caicos in concert next month and residents are invited to attend in support of the future of Ashley’s Learning Center.

A fairly young orchestral academy based in Miami, the New World Symphony was launched in the 1980s by 1987, Michael Tilson Thomas and Ted Arison,Carnival Cruises founder.  From the 1500 applicants who vie for a spot each year, the symphony accepts around 35 music graduates annually for training fellowships. 

A select few of those graduates will be in country on April 8th headlining at the Ashley’s Learning Center concert ‘We’re all in this together’.  The concert which also feature local artistes will be held at Brayton Hall on Venetian Road from 6 pm to 8:30 pm

Tickets are available ON ISLEHELP  $75 PER GENERAL SEAT $125 PER PREMIUM SEAT $195 PER GALLERY SEAT – with /FREFRESHMENTS. 

For TICKET RESERVATIONs you can call: 649-341-2304 or email  EVENTS@ASHLEYSLEARNINGCENTER.ORG 

 

Continue Reading

FIND US ON FACEBOOK

TRENDING