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CIBC Grand Turk Re-opening a Clarion Call

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#Grand Turk, December 4, 2018 – Turks and Caicos – The Honourable Sharlene Cartwright-Robinson, Turks and Caicos Premier, applauded the official re-opening of CIBC FirstCaribbean’s Grand Turk branch as a “clarion call to all financial institutions that the Turks and Caicos Islands, and particularly the island of Grand Turk, remain open for business.”

Her remarks were made at the ribbon-cutting ceremony for the branch’s official re-opening on Thursday, November 29.  The celebratory occasion signified a new era of service and convenience for the people of Grand Turk, with CIBC FirstCaribbean being the only bank to offer a location for in-branch services on the island since the other bank pulled out earlier this year.

Mrs. Cartwright-Robinson said she was particularly gratified as the occasion represented a “commitment to ensuring ease of access to financial services for residents and visitors throughout the Turks and Caicos, and of course in the nation’s capital.”

Mrs. Cartwright Robinson’s remarks were followed by those of Her Excellency Anya Williams, TCI’s Deputy Governor.

“I believe [CIBC FirstCaribbean’s] investment in this branch should send a signal to other businesses, not only in Grand Turk but those outside of Grand Turk.  The fact that you’ve seen fit to make this investment demonstrates your commitment, and I hope that others follow suit.

“[CIBC FirstCaribbean] has been a longstanding member of our community and is enshrined in our history.  We thank them for their commitment to this island; for seeing fit to continue their investment in the branch here; for seeing fit to not use it as an excuse to downsize or exit the island; for looking to this island with optimism and not looking at the current state of affairs at the time but instead seeing the possibility of the future here in Grand Turk.”

CIBC FirstCaribbean’s Country Manager (TCI) Larry Lawrence expressed delight on behalf of the bank not only in being able to offer an updated in-branch space that will allow for better service and a more enjoyable client experience; but also, in being an integral part of the Grand Turk community.

“Today’s occasion celebrates the people of Grand Turk.  CIBC FirstCaribbean’s mission is to serve the needs of the individuals, families and businesses in Grand Turk, and certainly, the wider Turks and Caicos community.  Our new and improved branch will allow us to continue doing just that.

“Our commitment to the community goes beyond this newly renovated building,” Mr. Lawrence added just before donating $6,000 to Grant Turk Public Schools.  HJ Robinson High School, Ona Glinton Primary School and Eliza Simons Primary School were presented with a cheque for $2,000 each to assist with repairs as they each work to return to a state of normalcy following the destructive 2017 Hurricane season.

Representatives joined Mr. Lawrence at the podium to accept the donation on behalf of the schools.

Mr. Lawrence gave assurance of CIBC FirstCaribbean’s continued commitment to the people of TCI, and also applauded the contribution of employees in the bank’s success.

“Our success can only be achieved through incredible team work.  I am honored to work alongside some of the best in the business, and want to publicly acknowledge the dedication and commitment of our staff.”

Devastation by Hurricanes Irma and Maria forced CIBC FirstCaribbean to close its Grand Turk branch in 2017.  Initial repairs facilitated a quick return to business for the Grand Turk community, but complete renovation was continually underway culminating with the grand re-opening.

The event was attended by Her Excellency Anya Williams, Acting Governor; the Honourable Premier Sharlene Cartwright-Robinson; the Honourable Goldray Ewing, Minister of Infrastructure and Housing; the Honourable Karen Malcolm, Minister of Education; the Honourable George Lightbourne, Member of the Opposition, the Honourable Temard Butterfield, Governor’s Appointed Member; the Hon. Lillian Missick, Former Governor’s Appointed Member and Desmond Morrison, Director of Finance, Financial Services Commission, among others.

 

Press Release: CIBC FirstCaribbean

 

Photo Captions:

Header: Queena Wilson, Grand Turk Branch Manager, CIBC FirstCaribbean; Clarence Simmons, one of the bank’s oldest customers in Grand Turk; Honourable Premier Sharlene Cartwright-Robinson; Larry Lawrence, TCI Country Manager, CIBC FirstCaribbean; Her Excellency Anya Williams, Acting Governor, TCI and Jacqui Bend, Director of Retail Sales and Branch Operations, CIBC FirstCaribbean, cutting the ribbon to officially reopen the newly renovated branch and mark a new era of service and convenience for the people of Grand Turk.

Insert: CIBC FirstCaribbean donates $6,000 to Grant Turk Public Schools. HJ Robinson High School, Ona Glinton Primary School and Eliza Simons Primary School were presented with a cheque for $2,000 each to assist with repairs as they each work to return to a state of normalcy following the destructive 2017 Hurricane season.

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Career Symposium 2024 Connects University Students with Successful Professionals

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Nassau, THE BAHAMAS — Some of the most successful and accomplished professionals and business leaders in the country recently shared their experiences and nuggets of wisdom with students at University of The Bahamas (UB) about thriving in a wide range of careers.

The University Centre for Counselling and Career Services and the Career and Job Placement Advisory Unit collaborated to host the 2024 Career Symposium which brought students face to face with leaders in the careers to which they aspire.

Vice President of Academic Affairs, Dr. Maria Oriakhi, said the symposium was key to developing potential as university students strive to leave their mark on the world.

Ms. Rickell Curry

“In the spirit of collaboration and growth, let us engage in meaningful dialogue, cultivate relationships, and harness the power of collective wisdom to shape our futures,” said Dr. Oriakhi. “Together, let us embark on this journey of exploration and discovery, united in our commitment to realizing our fullest potential and making meaningful contributions to our communities and beyond.”

Promoting careers in psychology, Ms. Curry noted that psychologists are equipped with the ability to help others, troubleshoot areas of weakness within themselves, and become better people and professionals in the process.

“The floor is yours to be able to explore. There’s no job where you don’t have to deal with people, so learning, even if you get a bachelor’s in psychology, is a great grounding,” she said.

Dr. Darville, one of few interventional radiologists in The Bahamas, offered another nugget of advice on choosing an area of study.

Dr. Elizabeth Darville

“It is important to know enough about yourself in order to make the decisions you want to make,” said Dr. Darville. “You have to work on yourself first and know what you want to do. Radiology gives you a chance to have fun. It gives you a chance to mold your career closer to your personal life than other medical specialties might.”

Another growing field is project management which Mr. Hepburn called a life skill. He also urged a commitment to lifelong learning.

“Individuals that continue to learn become unstoppable, period,” said Mr. Hepburn. “It is so true. When you learn, you become unstoppable because nothing can stop you in your process of development.

Mr. Wellington Hepburn

“The more you know, the more valuable you are. We need individuals who are cross functional—that can operate in different capacities. So please understand that your learning should never stop.”

With small and medium-sized businesses helping to drive the economy at an incredible rate, Ms. Rolle affirmed the importance of entrepreneurship in any economy.

“When we talk about entrepreneurship, we usually look at it from a myopic standpoint,” she said. Ms. Rolle. “What do I mean by that? Small, but usually about self: ‘how do I make more money?’ And in some cases, some look at entrepreneurship as a way of survival. ‘I need to make a couple extra dollars, I have this bill to pay’. Those types of things.

Ms. Samantha Rolle

“But entrepreneurship really, in its truest form, is about innovation, whether it’s a new concept or any existing concept that you innovate new ways, or help expand the economy.”

The career symposium was held at the Harry C. Moore Library and Information Centre and is held every academic year.

 

PHOTO CAPTIONS

 

  • Career Symposium 1: UB Vice President of Academic Affairs, Dr. Maria Oriakhi, delivers the opening address at the 2024 Career Symposium.
  • Career Symposium 2: Students and guest speakers enjoy a lighthearted moment during the 2024 Career Symposium.
  • Career Symposium 3: Ms. Rickell Curry speaks to students during the 2024 Career Symposium.
  • Career Symposium 4: Dr. Elizabeth Darville delivers remarks during the 2024 Career Symposium.
  • Career Symposium 5: Mr. Wellington Hepburn educates students on the importance of project management during the 2024 Career Symposium.
  • Career Symposium 6: Ms. Samantha Rolle talks about the role and importance of entrepreneurs and entrepreneurship in any economy.

 

Office of University Relations

University of The Bahamas

2nd Floor, Michael H. Eldon Complex

Oakes Field Campus

P.O. Box N-4912

Nassau, The Bahamas

Tel: (242) 302-4355/4354/4365

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$36 Million Dollar Upgrade for World Athletics Relays in Nassau, Bahamas

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Rashaed Esson

Staff Writer 

 

#TheBahamas, April 15, 2024 – After years of thorough maintenance, The Thomas A Robinson National Stadium in The Bahamas is finally getting a multi-million dollar makeover, readying the 10-year old facility ahead of the World Athletics Relays on May  5, 2024; it is being staged in Nassau for the fourth time.

This $36 million refurbishment is being funded by the Chinese Government, as part of a vision to enhance the country’s sport infrastructure to benefit youths in athletics. The stadium was gifted to The Bahamas in 2012 by the Chinese.

The relay is the qualifying event for the 2024 Summer Olympic Games and there will be 32 national teams, in each relay event, and 20 races on both days of competition, according to World Athletics.

Day 1, will have 20 heats across the five Olympic-calibre events (4 heats each for 4×100, 4×400, men, women and mixed) and will qualify 40 teams for the Summer Olympics.

Distinctly, the top two teams from each heat will directly qualify for the 2024 Games.

On day 2, 30 more national teams will be qualified through 15 heats and five finals, across those five events.

The upgrades which include new trusses, rooftops, seats, the lawn, score boards, LED displays and more, are expected to be complete at least two weeks before the relays, being held under the theme: ‘Chase the  Sun’.

In a special ceremony on Monday April 8, The Bahamas Prime Minister, Philip Davis said:

In December 2023, our shared vision took shape, as the government of the Commonwealth of The Bahamas, and the government of the People’s Republic of China, inked an implementation agreement for the renovation of the stadium. This gesture of goodwill and friendship, from the Chinese government to undertake the China Aid Maintenance and Renovation project of our national stadium, stands as a testament to the strong bonds that unite our countries. This project, executed by China Urban Construction Research Institute Company Limited, and the China Machinery Industry Construction Group Company Limited, reflects our shared commitment to excellence, innovation and mutual development.”

Additionally, H.E Dai Qingli, outgoing Chinese Ambassador to The Bahamas who also attended that ceremony, spoke.

“At the end of the project, the Bahamian people will get a fully renewed and modern world class stadium because everything is going to be either renewed or repaired,” she said.

Some 1,600 athletes will be in The Bahamas for the World Athletics relays, with five events.  The Bahamas won the bid over Lausanne, Rome in 2022.

Mario Bowleg,  Minister of Youth, Sports and Culture in reports, thanked China for their contribution to the redevelopment of the stadium.

“We thank them for their commitment to ensuring that they bring this facility back up to A1 standard so that we can continue holding international events and using these facilities as a development of our young people.”

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Bahamas Government and Grand Bahama Port Authority in $360 MILLION squabble 

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#TheBahamas, April 15, 2024 – The Bahamas Government says the Grand Bahama Port Authority owes over $300 million, now causing a very public squabble between the two entities and  potential years long  arbitration proceedings.

The total owed according to the government is $357 million over the last five fiscal years, 2018-2022.

Seemingly down to business, the Davis Administration, according to reports,  sent a letter to the Port Authority at the start of the month, in which 30 days was given for them to pay up.

If the 30-day deadline isn’t met, Davis says the Government has the right to start arbitration proceedings.

A Grand Bahama attorney who criticized the government’s actions, also expressed that the tension could lead to up to five years of arbitration.

The letter, as reported by the Tribune, refers to clause 1(5)(c) of the Hawksbill Creek Agreement.

Regarding the tensions between the Port Authority and the Government, the financial conflict apparently rests on Davis’ accusation that the Port Authority failed to follow its obligations under the Hawksbill Creek Agreement.

“Unfortunately, the Port Authority has not been living up to its legal obligations to develop and grow the economy in Freeport. In many cases, the government has had to step in where the Port has failed. Let’s be clear about what this means: it means that the Bahamian people have been subsidizing the profits of these private shareholders! That is not right. You deserve flourishing, thriving communities. You deserve an inclusive economy that generates opportunity, dignity, and security. You deserve what is owed to you under the Hawksbill Creek Agreement,” Davis said.

In a clap back at the Government’s accusations, the Port Authority in reports are quoted declining the Government’s claim that they owe the “sum of $357 million.”

“We reject and will robustly defend against this claim, which we firmly believe will be defeated,” it stated.

Davis, who was speaking in a meeting on Saturday April 6, informed that before things got to this level, they were having meetings.

“We had many, many meetings and exchanges before we arrived at this point. But there were too many delays and too many dead ends. When only one side appears interested in advancement – and when the people of Freeport urgently need change and progress – then decisive action is the only choice,” he maintained.

The now peaked tension was sparked in June of 2023 when Davis stated that the Authority is failing to maintain Freeport’s infrastructure and encourage the growth of the city, as it claimed owed expenses, now said to be the hundreds of millions.

To this, in June 2023, the free quasi-governmental authority responded saying the sums stated by the government are “contested” and “it is yet to be satisfied,” claims reports say, are supported by credible evidence.

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