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BAHAMAS: Stronger U.S. Economy Helped The Bahamas’ Economic Growth Pace Maintain its Momentum

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#Nassau, February 28, 2019 – Bahamas – Acting Prime Minister the Hon. K. Peter Turnquest explained that a stronger U.S. economy was the pillar on which the country’s domestic economic growth pace maintained its momentum in 2018, with the most favourable gains posted by the tourism industry.

“You may recall that the Prime Minister recently noted the International Monetary Fund’s (IMF) growth forecasts for The Bahamas continue to stand at 2.3 per cent for 2018 and 2.1 per cent in 2019, as was projected in the May Budget,” the Acting Prime Minister said while presenting the 2018/19 Mid-Year Budget Statement in the House of Assembly, Wednesday, February 27, 2019. 

He noted that this will be the first time in 12 years that The Bahamas will have seen projected growth of over 2.0 per cent for consecutive years.  

“While this performance is encouraging, the government understands that the country will need to post multiple years of sustained strong growth if we are to provide sufficient employment and economic opportunities to maintain and improve the standard of living for all Bahamians. 

“Thus, we remain strongly committed to finding innovative ways to bolster economic activity, through expanded support for Bahamian entrepreneurs, better educational and training opportunities, and greater efforts to facilitate an accelerated pace of private sector investment across the country.” 

The Acting Prime Minister said preliminary data from the Ministry of Tourism showed a 7.9 per cent strengthening in total visitors for 2018 to 6.6 million, rebounding from the year-earlier 2.1 per cent falloff to 6.1 million.

He said supporting this outcome, air arrivals surged by 16.7 per cent to 1.6 million, reversing 2017’s decrease of 4.0 per cent, and the sea component recovered by 5.5 per cent, from a 1.5 per cent contraction.

The Acting Prime Minister pointed out that a breakdown by island revealed that the rebound in total arrivals was largely explained by growth in arrivals to the Family Islands.

He said benefitting from various cruise line-related activities in private islands located in the Family Islands, total visitor arrivals to the Family Islands improved by 14.9 per cent for the review period, with sea arrivals growing by 15.7 percent and air arrivals by 10.6 per cent. 

Similarly, total arrivals to Grand Bahama increased by 9.1 per cent to 0.7 million, as the sea component grew by 9.6 per cent and a 5.4 per cent gain in the high-value-added air segment. 

He added that in New Providence, total visitor arrivals firmed by 4.1 per cent, with air arrivals advancing by 19.2 per cent to 1.2 million, while the sea component fell by 1.5 per cent to 2.6 million, reflecting cruise lines’ shift to making their private islands the first port of entry, as opposed to the Capital.

The Acting Prime Minister also noted that Indications are that construction activity continued to be dominated by varied-scale foreign investment projects, although domestic private sector investment showed modest signs of recovery. 

“Using total mortgage disbursements for new construction and repairs as a proxy, an 8.5 per cent increase to $86.7 million signalled an expansion in domestic activity for the first nine months of 2018. 

“The more forward looking indicator—total mortgage commitments for new construction and repairs—fell by 8.6 percent to $94.7 million, suggesting relatively mild domestic construction activity in the near-term.” 

By Llonella Gilbert

Release: BIS

Photo Caption: Prime Minister the Hon. K. Peter Turnquest presented the 2018/19 Mid-Year Budget Statement in the House of Assembly, Wednesday, February 27, 2019.  

(BIS Photo/Kemuel Stubbs)

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Bahama Brass Band Invitation Sparks Heritage Debate Ahead of TCI Constitutional Holiday

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Turks and Caicos, August 20, 2026 – The planned participation of the Bahama Brass Band in the Turks and Caicos Islands’ inaugural Constitutional Holiday celebrations on August 30 has sparked public debate over culture, heritage and the historical contributions of Turks and Caicos Islanders abroad.

Organizers defended the invitation, saying the band’s inclusion is intended to highlight the deep historical ties between the two countries and honor Turks and Caicos men who helped establish and develop the institution in Grand Bahama.

According to the organizers, the Bahama Brass Band began in 1955 in Pine Ridge, Freeport, with Turks and Caicos Islanders, including the late Deacon Reuben Hall Sr. of Middle Caicos and Jenkins Williams and Mervin Hendfield of North Caicos, among those who helped build its foundation. The band eventually grew to more than 50 men.

The organizers also pointed to the participation of Turks and Caicos men in The Bahamas’ Independence celebrations on July 10, 1973, arguing that their contributions became part of Bahamian history while maintaining strong connections to their homeland.

Supporters say bringing the band home represents an opportunity to honor those pioneers, showcase their regional influence and expose younger generations to an important part of Turks and Caicos history.

However, concerns raised publicly described the invitation as potentially disrespectful to local culture and heritage. Organizers acknowledged those concerns, apologizing to anyone who felt overlooked or offended, while maintaining that no disrespect was intended.

The committee said the event should ultimately unite rather than divide, presenting the band’s history as evidence of the reach and resilience of Turks and Caicos heritage.

PHOTO CREDIT: Bahamas Brass Band

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CBC Supports Opportunities for Young Bahamian Basketball Players

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NASSAU, Bahamas — Caribbean Bottling Company (CBC), local producers of Dasani products, proudly sponsored the fifth annual, Caribbean Hoopfest.

The tournament brings together Bahamian high school basketball teams and visiting teams from the United States for a competitive showcase at the Kendal G. L. Isaacs Gymnasium.  Following its inaugural year at the Kendal G. L. Isaacs gym and last year’s event at Loyola Hall, the tournament returned to the Kendal G. L. Isaacs gym this year.

During the weekend tournament, CBC kept athletes well hydrated with in-kind donations of Dasani Water, Powerade and Minute Maid Juices.

During the tournament’s final day, CBC provided additional support by offering Sprite No Sugar samples and inviting attendees to participate in its Spin the Wheel for a chance to win exciting prizes.

CBC was proud to support this incredible event, which provides young Bahamian athletes with valuable exposure to U.S. basketball scouts and coaches. This opportunity gives them the chance to earn scholarships, continue their education, and pursue their basketball careers in the United States.

Event organizer, Donald Francois shared his appreciation for CBC’s support.

“I want to express our sincere appreciation for Caribbean Bottling Company, who has been a tremendous supporter and an important part of the success of our program. Without CBC’s support, Caribbean Hoop Fest would not be able to function at the level it does today. And without Caribbean Hoop Fest, we would not have been able to provide the opportunities that have helped young Bahamian athletes gain exposure and pursue educational opportunities in the United States,” he expressed.

Since the program’s inception, several Bahamian student-athletes have been selected for scholarship opportunities, highlighting the tournament’s growing impact on the development and advancement of young basketball talent in The Bahamas.

They are: Kelvin McDowells – Guard, Wodson Antoine – Power Forward, Justin Lafleur – Guard and Sean John – Guard.

After another successful edition of the tournament, Francois shared what he hopes he and Caribbean Bottling Company can achieve in the future.

“Our vision is bigger than basketball. We want to use the platform of Caribbean Hoop Fest to educate, develop, and create opportunities for young people and their families throughout the Bahamas. With individuals and organizations committed to our mission, we believe we can continue to grow the program and make an even greater impact,” Francois said.

For more details on community support, events and new products visit Caribbean Bottling Company at www.cbcbahamas.com today.

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More Bahamians Accessing HIV, STI Care Through NHI

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NASSAU, Bahamas — More Bahamians are accessing HIV and sexually transmitted infection-related healthcare through National Health Insurance, a trend the NHI Authority says should be viewed positively.

NHIA stressed in an August 6 statement that its 2025 figures measure healthcare utilisation, not newly diagnosed infections. They include beneficiaries screened, treated, monitored or receiving follow-up care, including people diagnosed previously.

“Increased utilisation of these services should be viewed as a positive development,” NHIA said.

The Authority pointed to “greater enrolment and use of NHI, improved access to screening and testing, continued treatment and monitoring of existing conditions, and increased willingness to seek medical care.”

The development comes amid a mixed three-year HIV picture. New diagnoses rose from 130 in 2023 to 156 in 2024, before declining to 142 in 2025.

NHIA said increased utilisation demonstrates that more beneficiaries are accessing needed healthcare and actively managing their health, reinforcing the importance of screening, early diagnosis and continued treatment.

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