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TCI: Premier Robinson Apologises to Applicants for Customs Waivers

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#TurksandCaicos, May 04, 2018 – Providenciales – Premier Robinson regrets that those persons that have applied to her in her capacity as Minister of Finance for waiver of the payment of duties following the expiration of Customs Order No. 2 have not received urgent responses.

I wish to advise and remind all that whilst the Minister of Finance has a disrectionary power under the Customs Ordinance, the process requires Cabinet’s approval.  As per the Cabinet Minute released last week, it was agreed that a formal policy be created to capture those affected by late insurance payouts, late shipment and receipt of quotes.  I wish to assure persons that the matter is progressing and that responses can be expected shortly.

 

 Hon Sharlene L Cartwright Robinson

Premier & Minister of Finance

The Turks and Caicos Islands

 

 

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Bahamas News

King Charles calls for greater attention to records being broken, a wake up call.

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Rashaed Esson

Staff Writer 

 

“Records are now being broken so often, that we are perhaps becoming immune to what they are really telling us;” this is the concern expressed by His Majesty King Charles, regarding the direction the world is going due to climate change effects.

 

Charles says the world must hit the pause button and process what the constant recording breaking really means.

 

He emphasized his concern, referring to recent record-breaking events such as the last northern hemisphere summer, which came with the warmest global average temperature on record, and Canada’s most severe wildfire season on record, with 18 and a half million hectares of land burned and terrible losses of life and property, in common with Greece, the United States, and many other countries, which also resulted in the release of large amounts of greenhouse gases, worsening the climate crisis.

 

Additionally, Charles III also spoke of other drastic events.

 

“Repeated cyclones batter vulnerable island nations like Vanuatu and Dominican. India, Bangladesh and Pakistan have been experiencing unprecedented floods, and East Africa is suffering a decades-long drought.”

 

To beat this self-induced fate, the king expressed that efforts should be made to “rapidly repair and restore” what he described as “nature’s unique economy, based on harmony and balance,” the “ultimate sustainer.”

 

Otherwise, the world’s economy and survivability “will be in peril,” he added.

 

The king continued to highlight the outcomes of human action during the climate crisis, saying, “We are taking the natural world outside balanced norms and limits and into dangerous uncharted territory.”

 

He continued to express that the rate at which human actions are going is too fast for nature to keep up with.

 

“We are carrying out a vast frightening experiment of changing every ecological condition all at once, at a pace that far outstrips nature’s ability to cope,” he also said, later highlighting the importance of being nature-positive in our efforts toward a zero-carbon future.

 

Charles III further referred to public finance being insufficient funding for the climate crisis. However, with the private sector and a better, fairer International financial system, combined with the innovative use of risk reduction tools, he says the trillions needed can be mobilized in the order of four and a half to five trillion annually to drive the needed transformation.

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Caribbean News

New Turks & Caicos Islands Police Force Commissioner announced by Governor

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Her Excellency The Governor has today announced Mr. Edvin Martin as the next Commissioner of the Royal Turks and Caicos Islands Police Force (RTCIPF). The appointment follows a rigorous open recruitment campaign that included a stakeholder the panel, a separate community panel, and consultation with the Hon. Premier Charles Washington Misick.

Commenting on the appointment, the Governor said: “Following a competitive recruitment process, I have appointed Mr. Edvin Martin as the next Commissioner of the Royal Turks and Caicos Islands Police Force. Mr. Martin brings a strong set of leadership skills and regional operational experience, having led the Royal Grenada Police Force. With a distinguished career and commitment to public safety, I am confident that Mr. Martin will lead our force with integrity, innovation, and a firm focus on building trust with communities across our islands. I would like to thank Commissioner Trevor Botting for his dedicated service to the people of the Turks and Caicos Islands over the last six years.”

Commenting on his appointment, Mr Martin said: “It is with excitement, I accept this prestigious position to lead the Royal Turks and Caicos Islands Police Force (RTCIPF) as its Commissioner of Police. I look forward with optimism to leading the men and women of the RTCIPF in confronting the law enforcement challenges and applying practical, proactive strategies to ensure the safety and security of all citizens and visitors to the shores of Turks and Caicos Islands. I am honoured to take forward this tremendous opportunity to serve the people of this beautiful nation by leading the police force into an era of modern policing. I am fully aware of the dynamic, complex, diverse, and multi-dimensional nature of the local and global criminogenic environment. This era demands a police force that must ensure safety and security by working collaboratively with colleague officers, and stakeholders to ensure that communities are free of the fear of crime. Be assured, I am committed to
delivering on this intention.”

Mr. Martin was, until June 2023, the Chief of Police of the Royal Grenada Police Force. He served in that role for five years and in the police force for 37 years. He is currently serving as the lead of the CARICOM Crime Gun Intelligence Unit as part of the CARICOM Implementation Agency for Crime and Security. He is a former President of the Association of Caribbean Commissioners of Police and obtained an MSc in Criminology and Criminal Justice from Durham University in 2016, where he studied under the UK Chevening Scholarship program.

Mr. Martin will take up his post at the beginning of February 2024.

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News

Invest Turks and Caicos’ Business Support Unit Partners with RBC (Royal Bank) Bahamas Ltd. and CIBC FirstCaribbean to host Financial Literacy for MSMEs Training

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Providenciales, Turks and Caicos Islands, December 5th, 2023 – Invest Turks and Caicos’ Business Support Unit, in conjunction with partners RBC (Royal Bank) Bahamas Ltd. and CIBC FirstCaribbean, successfully conducted a comprehensive Financial Literacy for MSMEs Training at the Blue Haven Resort on November 28th, 2023. This initiative aimed to empower business owners with essential insights into financial statements, the significance of meticulous recordkeeping, and the specific requirements outlined by leading banks for prospective commercial clients. Attended by fifteen participants comprising both established business owners and aspiring entrepreneurs, the session proved to be a pivotal learning experience.

Ms. Shanice Williams, the proprietor of LLS Consulting, expressed her appreciation, stating, “I extend my gratitude for putting together an exceptional training session. The presenters delivered a wealth of well-digested information that has proven highly valuable for me and my recently established business. I’m delighted to have been part of this and eagerly anticipate future sessions.”

Mrs. Nancy Missick-Rolle, CEO of Executive Tours, shared her positive experience, “I found the training very beneficial for improving my financial literacy. The presenters were well-versed and articulate in their delivery, making the material relatable and extremely practical. The BSU did an excellent job managing the event and advising the group of the programs and services available for assistance.”

Ms. Shanice Swann, Interim Branch, and Country Manager at RBC (Royal Bank) Bahamas Ltd. expressed her pleasure in facilitating the training seminar. She stated, “It was a pleasure to facilitate a training seminar on the topic of financial statements in conjunction with the Business Support Unit at Invest TCI. This session was an enriching experience that entailed engaging with vibrant small and medium-sized businesses within the islands and cherishing their invaluable feedback on the topic. A popular quote that sticks with me is, ‘Success is not always about greatness, but it is contingent on consistency.’ The participation of business owners in seminars like these solidifies their unwavering dedication to sculpting a consistent path toward success.”

Curley Been, Manager, Business Banking, CIBC FirstCaribbean, stated, “Participating in the Financial Literacy for MSMEs on November 28th, 2023, was truly enjoyable. In our dynamic economy, there are more opportunities than ever for individuals to become business owners and contribute to TCI’s growth. Understanding how to navigate this entrepreneurial journey, secure financing, and achieve growth is crucial for business success. As a representative of CIBC FirstCaribbean, I felt honored to present on the topic of ‘Making Your Business Bankable’ for both existing self-employed individuals and upcoming new business owners. We trust that the insights shared were beneficial to all attendees and eagerly anticipate future collaborations with InvestTCI on upcoming events.”

Mrs. Anissa Adderley, Director of the Business Support Unit, underscored the significance of partnerships between financial institutions and MSMEs. She stated, “The importance of partnerships between financial institutions and MSMEs cannot be underestimated. We are delighted to have partnered with RBC and CIBC FirstCaribbean to provide our MSMEs with this informative, interactive, and impactful training that will benefit their businesses and help them make more informed business decisions. MSMEs must prioritize financial education to allow them to reap the maximum benefits for both their businesses and the wider economy. MSMEs are the lifeline of our economy, and ensuring that they are resilient and sustainable is our core objective.”

The BSU invites business owners to take advantage of its face-to-face and e-learning training programs. The training is offered free of charge, and the information provided is vital to ensuring the success of their businesses. For further details, please contact the BSU at (649) 338-4787 or via bsu@investturksandcaicos.tc.

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