#TurksandCaicosIslands – Full Statement by Leader of Progressive National Party (PNP) – In times of national crisis, the well being of people surpasses politics, and all decisions made with the potential outcome of securing the welfare of the TCI and its people will be supported by me.
The Premier contacted me last week Thursday, 12 March 2020 to say that there were two suspected cases of COVID-19; seven persons were in self quarantine and that she would keep me updated on matters as results became known. That was the only conversation during this crisis that I have had with the Premier. However, I am happy to hear that to date TCI is COVID-19 free.
The COVID-19 pandemic has created a
global panic that are seeing border after border closing and countries becoming
virtual fortresses as whole communities are forced by their governments to
retreat within the walls of their homes. The streets of many busy commercial
districts are reminiscent of the sixty’s television series: The
Twilight Zone except that this is not science fiction, but reality.
In this hypervigilant environment of
fear the TCI must take its cue from governments and countries with the
technical skills and means to assess the risk and potential fall-out from the
pandemic without frightening its people into psychological paralysis. However,
considering the social and economic impact of a prolonged life cycle of the
virus one wonders if TCIG has to date move swiftly enough to prepare the
islands in the event the virus gets into the general population.
As an example, the government should
by now have undertaken the mass distribution of surgical masks; and alcohol
base hand sanatisers – because many people simply do not have access to a
dependable source of water, and some who do, cannot afford mask and sanitizers
assuming that they are available locally. This is especially concerning given that there
are no testing facilities and the availability of testing kits in the islands
has not been disclosed neither has the process for testing suspected cases to
ensure that samples can reach labs before the expiration of the life span of
the virus outside a host.
The TCI is a tourism dependent
destination and the hiatus in travel may be devastating for the country. The
industry indicates that cancellation rate for stay-over visitors to the TCI as
of today has exceeded 60% of forward bookings for the next six weeks, and new
bookings have ground to a halt. By some estimates the current rate of global
infection is expected to peak towards the end of April but will be with us at
least through June. Therefore, the rate
of cancellation could possibly last for 90 days. At the same time, cruise
passenger arrivals for the time being has been reduced by 100%.
The multiplier effect of visitors
spending in the local economy is difficult to measure but according to the
World Travel and Tourism Council (WTTC) the multiplier for tourism is 3.2 times
the initial dollar spent. Given
significant leakages because of TCI dependence on imported goods and labour, as
well as limited activities and attractions in the destination, a multiplier of
2 is assumed to be more realistic. Assuming therefore an adjusted average daily
spending (ADS) per visitor of $200, the total impact to the GDP would be $400
per day per visitor.
Average visitor arrivals for March
through the end of May in 2018 was 100,000 with an average stay of 6 nights
according to TCI Statistics Department. Assuming TCIG was on target to receive
the same number of visitors in the same period of 2020 as it received in 2018
that would translate into 600,000 nights at $200 or $120 million directly to
the industry; with a multiplier of 2 that equals a contribution to the GDP of
$240 million. A 60% cancellation over 90
days could result in lost revenue to the industry of $72 million, to the GDP of
$144 million and $14.4 million to TCIG from stay over visitors. Cruise tourism
arrivals for the period March through May 2019 was approximately 265 000
passengers. Assuming similar numbers
were expected in 2020: an average spent per head of $50 would result in lost
revenue of $13.25 million to vendors and tour operators in addition to TCIG
departure tax of $14 translating to 3.7 million of lost TCIG revenue in the
beleaguered economy of Grand Turk
Based on the above, a combined total
of upwards to $85 million could potentially be loss to the private sector, over
$18 million to TCIG and approximately $160 million could be shave off of the
GDP in the next 90 days. This is a potential reduction of 16% base on a
one-billion-dollar economy. The gravity of the situation may require the
declaration of a state of emergency by the Governor under Section 37 (1)(c) of
the TCI Constitution to mandate actions in the public interest. What these actions should be would depend on
the prevailing circumstances over time but should pertain to certain basic
physiological needs of food, water, shelter and safety in its broadest sense;
and may include rationing to discourage hoarding resulting in artificial
shortages for some people; as well as price control on staples and sanitary
goods.
Given the favourable cash balances of
the TCIG, it should take action to ease the pressure off of consumers by
removing duties and custom processing fees from all basic consumable
merchandise imported, to make it easier on workers. In addition, it should through the House of
Assembly appropriate funding for social welfare to subsidize the living
expenses of unsupported indigents, and other vulnerable groups; negotiate with financial
institutions to freeze for a period of 90 days mortgage payments for those
persons who find themselves unemployed or underemployed and unable to meet
their payments; and negotiate a freeze on the Fortis rate increase and all
other rates until further notice. Consider introducing a means testing
framework to provide relief to basic wage earners in the hospitality and
related industries until the industry recovers.
Whatever the outcome, the situation
has place in sharp focus the tremendous vulnerabilities we face as a small
tourism dependent country. In the face of the challenges, it cannot be business
as usual. We must immediately reprogram
our collective mind-set to suit our unique circumstances. In the new reality
food and citizen security, social development and environmental sustainability
MUST trump everything else. We simply must prepare ourselves for the growing
natural and manmade threats of the 21st century. Regardless to how
we arrive here and whatever our political persuasion maybe we face a common and
uncertain future at least in the short term; and in these times must coalesce
around the common value of cooperation and community.
Finally, I wish to appeal to all to
heed the massages from the authorities. The risk is high, the threat is real,
resources are limited and facilities are rudimentary. Stay at home unless you absolutely need to be
out. This too will pass, but in the meanwhile hunker down.
Sincere thanks and gratitude to all
those on the frontline especially our medical professional and senior public
health officials for your tireless efforts in monitoring this pandemic in the
interest of all of us. It is in these
times when your genius shine. I appreciate your invaluable contribution and
sacrifice and pray for your safety and good health.
May God bless our beautiful Islands
and may he keep us safe and healthy!!!
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PROVIDENCIALES, Turks & Caicos Islands: — The Academy Eagles FC were crowned champions of the Beaches sponsored Men’s Provo Premier League after securing a comfortable 2-0 victory over defending champions, SWA Sharks, at the Venetian Road football field.
In a match that featured a mix of youth and experienced players, the Academy Eagles eventually broke through late in the game when Jean Innocent found the back of the net in the 77th minute. Innocent doubled the lead in the 95th minute from the penalty spot to clinch the championship.
Academy Eagles head coach Aaron Lawrence expressed immense pride in his squad’s performance. “I applaud the team for their discipline throughout the season and their ability to stick to the plan heading into this game,” Lawrence shared, adding special praise for team captain Myherwens Varis for “following tactical instructions throughout the game.”
“This victory would not have been possible without the thoughtful support from our main sponsor, Beaches Turks and Caicos resort. This is the second year running with this relationship. This has provided exposure for the semi-professional players and the Turks and Caicos Islands Football Association,” Lawrence noted.
On the opposing sideline, SWA Sharks coach Jack Watson was modest in defeat. While he noted that his team executed their strategy well, he recognized the Eagles’ determination. “I congratulate the Eagles team for wanting the win more,” Watson said. “We played to the game plan, but I fault a lapse in judgment that gave up two goals.”
Beaches Turks and Caicos, returning for a second year of sponsoring the competition, expressed ongoing dedication to youth football in the islands. General Manager Deryk Meany shared his enthusiasm, “I am satisfied with the impact that the league is having on youth development throughout the Turks and Caicos Islands and our resort’s involvement in fielding a team for the competition.” The final phase of the tournament now transitions to a knockout format among the eight participating clubs.
League executives also weighed in on the success of the season. Provo Premier League President, Phillip Baptiste, expressed his satisfaction with the league format and highlighted the significant progress made by the Turks and Caicos Islands Football Association (TCIFA) over the course of the tournament.
“This is what true success looks like as corporate partners like Beaches Turks and Caicos resort joins forces with the TCIFA in providing an avenue for youth development and sports. While we are happy for the continued sponsorship, we are anticipating more support from other entities. This is not only a win for sports, it is a win for development here in the TCI,” Baptiste shared.
TCIFA Technical Director Dane Ritchie echoed these positive sentiments, pointing to the league’s development as an avenue for showcasing local talent on a broader stage. “Our team continues to learn as they work on developing talents with the youth players, as well as providing a broader marketing avenue for the league to be seen internationally with FIFA+ streaming,” Ritchie said.
He added, “the TCIFA commends the growth of the coaching staff involved in the league and looks forward to further enhancing the competition to make them more competitive in the Caribbean leagues.”
Beaches FC and Cheshire Hall FC have both punched their tickets for the first two spots in the semifinals with a 2-0 win over Teachers’ Young Strikers and 5-0 thrashing of Provo United respectively in the first two quarter finals.
PROVIDENCIALES, Turks & Caicos Islands: — The French Village main stage at Beaches Turks and Caicos resort was transformed into a dazzling beacon of green and gold as the resort celebrated its highest achievers. Under the inspiring banner of “One Team, One Vision, Endless Achievements,” the annual Prestige Awards recently closed the chapter on an exceptional 2025.
More than 120 nominees across twelve distinct categories walked the red carpet, greeted by flashing cameras and the cheering of their peers. The evening was laced with vibrant entertainment that kept the energy high between award presentations. Attendees were also treated to an exquisite five-course menu, carefully curated to match the prestige of the occasion and celebrate the rich culinary talent present at the resort.
The event served as a powerful reminder of the dedication required to operate one of the premier family resorts in the Caribbean. General Manager Deryk Meany took the stage to address the audience while reflecting on a year of resilience, innovation and unparalleled guest service.
“This is a celebratory milestone that as leaders we are happy to share with the stars of the hospitality industry,” Meany shared. “You have shown the world the true mettle of leadership and commitment here at Beaches Turks and Caicos.”
To further recognize unique contributions to the resort’s operational success, Meany personally distributed the General Manager’s Special Awards. These honours were bestowed upon Eric ‘Cookie’ Johnson from the kitchen, Harriet Beeput from administration, and Javier Sarita from the entertainment department for their exceptional behind-the-scenes dedication.
The climax of the evening featured the announcement of the resort’s most prestigious overarching awards. Felipe Luzardo Neira from the kitchen took home the MVP of the Year (Manager of the Year) award, while Chad Peterkin from engineering and maintenance was named All-Rounder of the Year (Supervisor of the Year). The loyalty & travel department proved their collective strength by securing the A-Team of the Year title.
Individual team members were also recognized for their ultimate service standards. Deandra Astwood from the front office earned the Platinum Team Member of the Year award. The highest individual honour, Diamond Team Member of the Year, was awarded to Javain Campbell from the restaurant department. Campbell used his moment in the spotlight to highlight the importance of cross-departmental collaboration and community outreach.
“This accolade is a testament to the commitment and teamwork within all the departments of the resort,” Campbell noted after receiving his award. “The opportunity to volunteer at different Sandals Foundation activities as well as be a mentor to other team members means the world to me. This achievement will allow me to do more in leadership as I have been tasked with representing the entire team here at the resort.”
The Prestige Awards ensured that every facet of the resort’s operations received proper recognition. From environmental sustainability to guest entertainment, the specific category winners showcased a wide array of talents:
Movers & Shakers was awarded to Katherine ‘Tinkerbell’ Jiminez from the entertainment department
Legendary Team Member was secured by Kadian Smith from the restaurant
Circle of Joy went to Emanie Jocelyn Seide from security and loss prevention
Earth Guardian was claimed by Bernard Florvil from engineering and maintenance
Sandals Foundation Sentinel was awarded to Tanya Swann from administration
Standing Ovation Award was proudly accepted by Richard Myers from the laundry team
Money Maker Award went to Teesha McCallum-Hamilton from the resort shop
Heart of the House Hotel Manager’s Award was presented to Carlton Biggs from stewarding department
People’s Choice Award was won by Claire Ann Balones from the off site department
Pacesetter Award was given to Kassandra Henry from accounts & cost control
Founder’s Circle Award was claimed by Susan Outten from the restaurant
As the night drew to a close, the focus shifted to the rigorous selection process that led to the evening’s celebrations. The Prestige Awards do not merely look at a single moment of excellence, but rather evaluate a full twelve months of unwavering dedication to the guest experience. Human Resources Manager Owenta Coleby highlighted the rewarding journey these team members took to reach the main stage.
“This event is a culmination of a number of activities for the resort’s leadership and the team members who have been exemplary and consistent throughout the year,” Coleby shared. “Congratulations are in order for each nominee as they have been crowned winners for the different months of 2025.”
With the trophies distributed and the 2025 season officially wrapped, the staff at Beaches Turks and Caicos now look forward. Fueled by the “One Team, One Vision” mantra, these award winners are already setting the standard for another year of endless achievements.
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.
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