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TCI: Press Statement from the Leader of the Opposition – “Ten Pillars of Short Change”

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#Providenciales, December 15, 2018 – Turks and Caic0s – From the Fanciful to the Absurd: The PDM sleepwalks into the second half of its four-year mandate.

Real change is achieved by real leadership, and real leaders are authentic, possess self-knowledge and humility. These are the qualities of a true leader as reflected in the words of Douglas MacArthur: “A true leader has the confidence to stand alone, the courage to make tough decisions, and the compassion to listen to the needs of others.  He does not set out to be a leader but becomes one by the equality of his actions and the integrity of his intent.”

The roof is on fire and the PDM is playing follow the leader.  Ministers and other elected PDM representatives are going along uncritically with the imperial leadership style of the Premier and dancing to her beat.  Leaders who exercise power and authority responsibly do not command; they help people identify what changes are required in their principles, behaviors, performances and priorities to accommodate changing conditions and embrace new demands.  But, the Premier’s style of leadership is ineffective and dangerous.  It portrays cowardice, insecurity and a lack of empathy.  It hinders people’s ability to anticipate and react to changing circumstances.

But then again, the current state was predictable from the onset of the many absurd promises outlined in the PDM’s manifesto.  These seem to have been based on astrology – the divination of outcomes rather than objective achievable output.  This is obvious from the PDMs obsession with numerology reflected in the “Change Document”, which reads like a child’s wish list at Christmas time.  The numerous repetitive “flights of fancy” are, broadly speaking, included under the four broad headings below:

  • 20 Anchor projects for real change
  • 10 Pillars for Change
  • 12-Point law enforcement priorities
  • 10 Institutions and Infrastructure For Real and Meaningful Change.

I encourage every thinking voter to find the Change Document on the internet and read it now having the benefit of 20:20 vision and discover the pile of ‘cockamamie’ it is.  Understandably, in the heat of the moment and after a period of necessary austerity under the PNP to upright the economy, the rhetoric of the PDM must have sound like an utopian redemption.  But what appeared to be an ushering in of utopia has turned out to be “fool’s gold”- a mirage in the desert.   Alas, it was the PNP’s courageous decisions that laid the foundation upon which the PDM would attempt to overlay its faulty pillars that continues to power the economy.  The four corners of that foundation are, annual economic growth of 4+%; dissolution of $170m debt in record time; BBB+ credit rating; and increased investor confidence which remains strong despite the machinations of the PDM against sound economic principles, and whimsical actions in contradiction to their campaign promises. It is useful to draw the public’s attention to their ten pillars as a measure of their performance.  They are listed below and reflects some of the most egregious failures of any political manifesto. You be the judge.

 

  1. The promise of Citizen and Community Empowerment for Real Change.

Under which the promise of safe neighborhoods; stamp and import duty rebates to assist first time homeowners; bank mortgage forgiveness and moratorium on foreclosures; equal pay legislation; streamline Labour and Immigration for efficiency and partnership with the private sector for job creation and training; increase caregiving assistance to the sick and elderly; poverty eradication; after school support to single parents; and a pension fund for hospitality workers.

 

  1. Border Control, Security, Law and Order

A comprehensive national security strategy with major focus on border protection, immigration controls and crime prevention; 12-point crime plan; oversight of policing under a commission; develop a Chinese investment policy; will ensure that there is adequate funding to ensure that the persons serving custodial sentences receive the best care and rehabilitative opportunities.

 

  1. Jobs and Economy

Creation of a Jobs Policy; promote “shop locally” in support of the Agri Industry; encourage the development of MICE (Meetings, Incentives, Conventions and Exhibitions) through a designated desk; encourage and develop a maritime tourism plan that will facilitate the sailing and yachting community; conduct comprehensive fishing industry review; promote and sponsor local music production, marketing and distribution; review the reserved business categories and empower the Public Service to police it to ensure compliance with the Laws; pre-approve concessions designated Special Development Areas (SDAs); provide legislative and other support for greater participation and protection of TC Islanders in the construction and music industries;  introduce a stimulus package that seeks to provide immediate jobs

 

  1. Progressive Youth Development

Youth – Better You Program that will have at its heart national volunteer service; encourage entrepreneurship in the schools’ curriculum; reintroduce the Sports Commission; reintroduce the TCI National Track & Field Championships between the Islands.

 

  1. Education Transformation and Training

Transform the Turks and Caicos Islands Community College into the leading National Institution for training, education and research; improve the administration of education by training nationals in educational management; ensure that all schools have proper sporting facilities; support the introduction of a Teacher Liaison Program in all schools throughout the Islands; introduce the teaching of Civics at all educational levels.

 

  1. Healthcare

Address the major challenge of access to healthcare and will recognize groups that currently already use the services, those who require special consideration and the apparent restrictive NHIP registration policy; redevelop and refocus healthcare in the TCI beginning with Primary Health Care and preventative measures.

 

  1. Environment, Land use and Planning

Return responsibility of land management to an elected official; introduce sustainable funding for protection of the environment; introduce a comprehensive national anti-litter campaign styled the “Spic and Span Program” and will assist in the management of the environment through alternative sentencing measures; commission and complete an environmental awareness audit; upgrade environmental legislation consistent with 21st century needs; develop and implement a sustainable National Physical Development Plan; complete the Crown Land Audit; develop and implement an environmental culture archive.

 

  1. Infrastructure, housing and Planning

A comprehensive national drainage plan; create Public Zones for free Wi-Fi; a comprehensive review of the Port Management and Ports area country wide; proper road safety database and management system; a Public Transportation Authority/Department which will oversee personal cabs and bus services for residents.

 

  1. Institutions for Real Change

Erect a purpose-built community college and vocational and hospitality training school; high performance sports complex and culture centre; The Heritage and Cultural Commission with a multiculturalism department to assist in the management of the many cultures living among us; a Sports Commission for the effective and efficient management of sports in these Islands.

 

  1. Governance

Stronger governmental systems through constitutional advancement and strong local government; a national symposium to create a national plan/vision; seek immediately to  commission a review of the physical working condition of  civil servants and will prepare an aggressive repairs plan to improve the physical working conditions of the civil service; a review of the compensation package offered to Civil Servants is a priority to a PDM administration; will implement policy to ensure that there is a structured performance appraisals program for promotion and training; hold structured periodic meetings with civil service; immediately commission a review of the physical working condition of civil servants and prepare an aggressive repairs plan to improve the physical working conditions of the civil service.

 

We make commitments to others all the time. However, sometimes circumstances over which we have no control prevent us from keeping some promises. What is unacceptable is knowingly making promises that cannot be kept or worse, that we have no intention of keeping. It really boils down to how many promises one knowingly breaks, and how one responds when one is unable to deliver on an achievable promise.  Failure to keep our promises is a clear and unequivocal reflection of our view of the recipients of those broken promises.  It is especially egregious for someone in public office to break promises made to followers.  It speaks to the trustworthiness or lack thereof of the leader. “For by thy words thou shalt be justified, and by thy words thou shalt be condemned” Matthew 12:37.  The PDM administration has broken just about every promise in its 2016 manifesto, especially those it promised to deliver within the first 100 days in office. The PDM administration needs to show some respect for the electorate, admit its failure, explain why and apologise for those broken promises to date and for those promises which it knows by now is unrealistic and unachievable.  An unachievable promise is a comfort to fool.  The people of the Turks and Caicos deserve better.

 

Press Release: Leader of the Opposition

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Finance

TCI Financial Services Opens Debate on Cryptocurrency Rules 

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Turks and Caicos, May 12, 2026 – A new era of digital finance regulation could be on the horizon for the Turks and Caicos Islands, as the Financial Services Commission moves to establish a legal framework for virtual assets and cryptocurrency-related businesses.

The TCI Financial Services Commission on Friday launched a public consultation on its proposed Virtual Assets Business Bill, 2026, legislation designed to regulate virtual asset service providers, stablecoin issuers and other digital asset activities operating in or from the territory.

Globally, governments and regulators have been racing to catch up with the rapid growth of digital currencies, blockchain technology and online financial platforms. Concerns over money laundering, cybercrime, fraud and the collapse of poorly regulated crypto exchanges have pushed jurisdictions to tighten oversight while still trying to attract financial innovation and investment.

The proposed TCI bill appears aimed at positioning the territory within that evolving international framework.

According to the FSC, the legislation is aligned with international standards and guidance from bodies including the Financial Action Task Force, International Organization of Securities Commissions and the Financial Stability Board.

The Commission said the bill would introduce a “comprehensive licensing, supervisory, prudential and enforcement framework” for the sector. The proposed law includes anti-money laundering and counter-terrorism financing obligations, cyber resilience requirements, enforcement measures and even a regulatory sandbox intended to support innovation.

Among the notable features are proposed reserve and governance rules for stablecoins, which are digital currencies typically tied to traditional assets like the US dollar. The draft legislation also outlines exemptions for certain technology providers and closed-loop token systems.

The FSC said the consultation period is intended to gather public and industry feedback before the bill is submitted to Cabinet next month. Written submissions must be received by June 8, 2026.

The consultation paper and draft bill have been published on the FSC website for public review.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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News

Conch Farm Site to become New Home for Watersports Operators

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$12 million acquisition signals marina plan, not return of commercial conch farming

 

Turks and Caicos, May 12, 2026 – The Turks and Caicos Islands Government’s acquisition of the former Conch Farm property is not shaping up as a revival of the once world-famous aquaculture operation in Long Bay.

Instead, the $12 million purchase appears headed in a very different direction — transforming the sprawling waterfront site into what could become the new operational home for scores of marine and watersports operators who have long struggled for space along the eastern shores of Providenciales.

And for many observers familiar with the growing tensions in those areas, the move may actually make more sense than first believed.

Over the years, the rapid expansion of jet ski operators, charter boats, parasailing businesses and excursion companies along eastern beach and marina areas has increasingly created disputes over access, launching rights, docking space and territorial use of waterfront locations.

At times, those disagreements have reportedly escalated into confrontations serious enough to require police intervention.

Now, according to comments delivered by Premier and Finance Minister Charles Washington Misick during debate on the 2026/27 Budget, government intends to use the former Conch Farm property to bring greater order and infrastructure to the rapidly expanding marine sector.

“The acquisition and redevelopment of the Conch Farm property at Long Bay, Providenciales, is a strategic Government investment to strengthen the rapidly growing marine and water sports sector,” the Premier said.

He explained that the project is envisioned as:

“a safe, clean, and well-managed public marina dedicated to local operators.”

The Premier also pointed directly to the growing number of young Turks and Caicos Islanders entering the marine tourism industry since the COVID-19 pandemic.

“So many of these operators are young Turks and Caicos Islanders who have turned to self-employment since COVID-19,” he stated during the Budget presentation.

Government says the marina would provide affordable and regulated launching facilities while creating space for docking, boat services, small vendors, maintenance operations and other marine-related businesses.

The proposal also aims to formalize portions of an industry which has expanded rapidly alongside the country’s booming tourism economy.

“Best of all it ensures that the benefits of our booming tourism industry are retained right here in Turks and Caicos communities,” the Premier added.

The clarification significantly changes early public assumptions that government was preparing to revive the commercial conch farming operation once associated with the property.

The original Caicos Conch Farm was widely regarded as the world’s first and only commercial conch farm before hurricane damage, operational struggles, policy disputes and legal battles eventually led to its closure.

Now, while the historic name and marine legacy remain attached to the site, the government’s immediate vision appears centered far more on marine infrastructure and economic activity than on aquaculture.

And in a tourism economy increasingly dependent on marine excursions and water-based experiences, the move could ultimately reshape one of the most contentious and overcrowded corners of Providenciales’ tourism landscape.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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News

Anantara Targets North Caicos for Latest Luxury Development

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International resort brand launches sales for residences and resort project on Sandy Point

 

Turks and Caicos, May 12, 2026 – Sales have started on what could become another multi-million-dollar luxury residential resort development for the Turks and Caicos Islands — but this time, North Caicos is poised to become home to the investment by international luxury brand Anantara.

The project, now being marketed globally through developer platforms and international promotional campaigns, is planned for the Sandy Point coastline and is being pitched as a collection of luxury residences paired with high-end resort amenities on one of the country’s least developed major islands.

What may distinguish this proposal from several ambitious North Caicos projects that never fully materialized, however, is the reputation and global footprint behind the Anantara brand itself.

Anantara Hotels & Resorts operates luxury properties across Asia, the Middle East, Africa and Europe under parent company Minor Hotels, an international hospitality group with more than 500 hotels in operation worldwide. The North Caicos project is being promoted as Anantara’s first-ever Caribbean development — a detail likely to draw heightened international attention and investor confidence.

Developers are positioning the investment as an opportunity to experience a quieter, less discovered side of the Turks and Caicos Islands, one they argue rivals the beauty and exclusivity long associated with Providenciales.

And North Caicos, one of the largest islands in the archipelago and widely regarded as its most lush and green, offers a dramatically different landscape from the tourism-heavy pace of Providenciales — with expansive wetlands, undeveloped beaches, dense vegetation and a slower, nature-focused atmosphere increasingly attractive to luxury travelers seeking privacy and wellness-oriented experiences.

According to promotional material, the development is located approximately 25 minutes from Providenciales by combined ferry and air connections and will include 78 branded residences, beachfront villas and resort-style amenities focused on low-density luxury living.

The project team includes several recognized figures in luxury hospitality and development, among them Rob Ayer, associated with Wymara Resort developments, and Caroline Domange, co-founder of Cheval Blanc, the ultra-luxury hospitality brand linked to LVMH.

Premier Charles Washington Misick is also featured prominently in the global announcement, describing the project as:

“the beginning of a new chapter for luxury lifestyles in the Turks and Caicos Islands.”

The investment aligns closely with government’s increasing emphasis on shifting development beyond Providenciales and driving greater economic activity into the Family Islands.

Still, the proposal is also expected to reignite wider national discussions about infrastructure readiness, housing pressures and the long-term pace of development throughout the territory — particularly as government recently approved the formation of a Public Private Partnership Working Group on Hotel Employee Accommodations.

Promotional material circulating internationally suggests residences at the North Caicos development could start at just under US$1 million — underscoring the ultra-luxury market the project intends to attract.

The project is currently targeting a 2029 opening.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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