#Providenciales, May 1, 2019 – Turks and Caicos – Comments on social media expressed frustration at the matter, where they claim the young man who was identified on social media has suffered reputational harm.
Police confirmed that the man was let go; but there was no explanation on why, only that the 23-year old was expected to return to custody.
Marlo Glinton, 37, was found dead in a black Infinity vehicle on Easter Monday, April 22, 2019; shot to death in the vehicle which was parked at the Chalk Sound Police Station in Providenciales.
TURKS AND CAICOS ISLANDS POST CABINET MEETING STATEMENT
#TurksandCaicos, June 25, 2022 – Her Excellency the Acting Governor, Anya Williams, chaired the 19th meeting of Cabinet on Wednesday 22 June 2022 in Grand Turk. All other members were present.
At this meeting Cabinet:
- Approved the terms and conditions for an application from a land surveyor for a licence.
- Approved the making of the Revised Edition of the Laws 2021 (Commencement Order) 2022 subject to the approval of the House of Assembly; laws will be now be made available free of charge to members of the public on the Attorney General’s website. Physical reproductions will continue to be sold.
- Discussed proposed amendments to the Insurance Ordinance as drafting instructions to the Attorney General’s Chambers and consultation with the industry.
- Approved for the Insurance (Amendment) Bill 2022 to be introduced to the House of Assembly as soon as possible.
- Approved the revision of the Anti-Money Laundering Committee Budget for the Financial Year 2022/2023 for office furniture and supplies; confirmed annual payments for the annual membership costs to the Egmont Group of Financial Intelligence Agencies (FIA) and annual costs of the FIA’s travel costs for the Egmont annual meeting.
- Approved a three year rental lease agreement for the relocation of the Ministry of Tourism, Environment, Fisheries and Maritime Affairs, Culture and Heritage, Agriculture, religious Affairs and Gaming, and the Tourist Board and Department of Culture in Providenciales.
- Approved a lease agreement for a temporary HQ for the Turks & Caicos Islands Regiment in Providenciales.
- Was updated on the proposed merger of NIB/NHIP Compliance and Collections. Further consideration was requested before Cabinet can take a decision.
- Noted the award of the following contracts in line with the provisions of the Public Procurement Ordinance:
- PN 005600, TR 21/48, Furniture and equipment for Mental Health Facility – Grand Turk
- PN 005611, TR 21/30, Ballistic Vests for the Royal Turks and Caicos Islands Police Force
III. PN 005614, TR 21/37, Bellefield Landing Civilian Safety Project – Safe Boat Slips
- PN 005627, TR 21/53, Furniture and Equipment for Public Works Programme Management
- PN 005630, TR 21/08, Vehicles for Government (resubmission)
- Approved for a request from American Airlines to waive the import customs duties and customs processing fees for replacement parts for an aircraft that had an emergency landing on Providenciales to be forwarded to the House of Assembly for consideration and approval.
- Noted a paper from the Turks and Caicos Islands Airports Authority (TCIAA) for legislative amendments to be made to the TCIAA Ordinance to regulate industrial action by employees of the TCIAA. Cabinet requested further consideration. Proposed amendments will be considered by the House of Assembly for approval in due course.
- Approved the grant of a long lease to an applicant for a funeral home and cemetery on 60003/231 PT (2.5 ACRES)
Turks & Caicos Islands Government retains it BBB+ credit rating
#TurksandCaicos, June 25, 2022 – On the 29th of March 2022, Standard and Poor’s Global (S&P) released the results of the review of the 2021 sovereign credit rating for the Turks and Caicos Islands (TCI). S&P has affirmed the country’s sovereign credit rating for long-term bonds, denominated in both domestic and foreign currency, of BBB+. Additionally, the agency also maintained the outlook as Stable for the TCI.
The Rating Agency advised that the stable outlook takes into account that the country’s economy will continue to recover given the strong performance of tourism and will improve in 2022. Furthermore, S&P believes the TCI will continue to adhere to prudent financial management and limit borrowing, and that fiscal reserve balances will increase during the next two years. Additionally, the rating agency also expects continuity in TCI’s institutional relationship with the U.K.
In its report, the rating agency advised that the rationale for the rating was a result of the Country’s institutional and economic profile. That is, the economic recovery led by resurgence in tourism and continued institutional stability. S&P indicated that despite the short-term pressures of the global COVID-19 pandemic in 2020, the TCI Government’s prudent actions, aided by the U.K.’s swift transfer of vaccines, allowed international travel to resume as early as the first quarter of 2021. The combination of the Government’s swift response, coupled with pent-up demand in key source markets, led to a strong recovery in tourism, which in turn, has led to a better-than anticipated economic recovery. S&P estimates GDP per capita to be $23,674 in 2021, up from $20,757 in 2020 – a 14% year over year increase. Tourism remains the core pillar of the economy, indirectly accounting for about 65% of GDP.
S&P indicated that the ratings could be revised upwards if better-than-expected GDP increases and continued favorable growth prospects were to substantially boost economic resilience. Additionally, the rating agency also stated that they could also raise the ratings if better availability of timely data, especially on external flows and stocks, were to boost transparency and indicated that TCI enjoyed a significantly stronger economic or external position.
However, if the rebound in tourism is interrupted or turns out to be weaker than expected, leading to prolonged stress on revenues, this may cause the TCI Government to run persistent fiscal deficits that could materially worsen public finances. This could lead to a down grading of the rating.
Commenting on the rating, Minister of Finance, Investment & Trade, Hon. E. Jay Saunders, stated that “I am happy and extremely proud that S&P saw fit to maintain our country’s credit rating at BBB+, particularly at a time when many countries had theirs downgraded – mainly due to the COVID-19 pandemic. This is a testament to the strength of our economy, and particularly, our government’s prudent handling of it. We have taken particular note of S&P’s comment that they could raise the ratings on better availability of timely data, and we are working towards achieving that.”
Turks & Caicos Airline becomes first International flight at Ian Fleming in Jamaica
By Dana Malcolm
#Jamaica, June 25, 2022 – As the Turks and Caicos and Jamaica celebrated a new connection on June 16th as Intercaribbean Airways launched their newest flight to Boscobel, St Mary, half an hour from the famous city of Ocho Rios on Jamaica’s North Coast.
The 007 departed Providenciales at 9:30 am Thursday (June 16) with Lyndon Gardiner, Chairman of InterCaribbean Airways; Trevor Sadler, InterCaribbean Airways CEO; Chris and Kayon Stokes of NCS Money Services; Team Beaches TCI, some media namely SunTCI and Magnetic Media as well as a few Jamaicans anxious to get home.
The 007, Ian Fleming Airport’s first international commercial flight, was received in Jamaica with much fanfare. It was met by a Jamaican delegation including Audley Shaw, Minister of Transport for Jamaica and Edmund Bartlett, Jamaica’s Tourism Minister and a cheerful water cannon spurt to sweeten the arrival of the first international flight at Ian Fleming.
Bartlett was enthusiastic about the prospects that Inter-Caribbean was bringing to Jamaica.
“The presence today of this inaugural flight from a Caribbean island into Boscobel is a bigger statement than what has been made because what it does is to put together the idea of connectivity in a material way. It is how we as a region are going to be able to connect with each other in a way that brings economic value and prosperity to each other and that’s the power of this movement that begins today.”
The minister noted that Tourism was a booming business if only we were aware of how to take charge of it.
“We are about ideas and how to convert ideas into things that have a material value, we are the most consumption-driven activity on planet earth. “ he added “the next critical consideration that has to be looked at …is that we need a single visa regime for touristic purposes that can be provided for visitors coming into your space… a CARICOM visa that allows you entry into all the CARICOM countries.”
Gardiner expressed his excitement for the venture telling the media,“Only the sun covers the Caribbean better than we do.” He also told the gathered press. “We will now have the ability to bring people from across the Caribbean, whether it be for business, pleasure, or furthering multi-destination vacations, by offering Boscobel residents and visitors direct service across the Caribbean and vice versa.”
InterCaribbean Airways will run their flight monthly initially and then upgrade to weekly flights. It would be the third flight between Turks and Caicos and Jamaica; already Kingston and Montego Bay are serviced by the airline based in Providenciales, TCI.
American Airlines and QCAS Aero are also scheduled to begin flights to the Ian Fleming International this year.
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