News
Invest Turks and Caicos’ Business Support Unit Partners with RBC (Royal Bank) Bahamas Ltd. and CIBC FirstCaribbean to host Financial Literacy for MSMEs Training
Providenciales, Turks and Caicos Islands, December 5th, 2023 – Invest Turks and Caicos’ Business Support Unit, in conjunction with partners RBC (Royal Bank) Bahamas Ltd. and CIBC FirstCaribbean, successfully conducted a comprehensive Financial Literacy for MSMEs Training at the Blue Haven Resort on November 28th, 2023. This initiative aimed to empower business owners with essential insights into financial statements, the significance of meticulous recordkeeping, and the specific requirements outlined by leading banks for prospective commercial clients. Attended by fifteen participants comprising both established business owners and aspiring entrepreneurs, the session proved to be a pivotal learning experience.
Ms. Shanice Williams, the proprietor of LLS Consulting, expressed her appreciation, stating, “I extend my gratitude for putting together an exceptional training session. The presenters delivered a wealth of well-digested information that has proven highly valuable for me and my recently established business. I’m delighted to have been part of this and eagerly anticipate future sessions.”
Mrs. Nancy Missick-Rolle, CEO of Executive Tours, shared her positive experience, “I found the training very beneficial for improving my financial literacy. The presenters were well-versed and articulate in their delivery, making the material relatable and extremely practical. The BSU did an excellent job managing the event and advising the group of the programs and services available for assistance.”
Ms. Shanice Swann, Interim Branch, and Country Manager at RBC (Royal Bank) Bahamas Ltd. expressed her pleasure in facilitating the training seminar. She stated, “It was a pleasure to facilitate a training seminar on the topic of financial statements in conjunction with the Business Support Unit at Invest TCI. This session was an enriching experience that entailed engaging with vibrant small and medium-sized businesses within the islands and cherishing their invaluable feedback on the topic. A popular quote that sticks with me is, ‘Success is not always about greatness, but it is contingent on consistency.’ The participation of business owners in seminars like these solidifies their unwavering dedication to sculpting a consistent path toward success.”
Curley Been, Manager, Business Banking, CIBC FirstCaribbean, stated, “Participating in the Financial Literacy for MSMEs on November 28th, 2023, was truly enjoyable. In our dynamic economy, there are more opportunities than ever for individuals to become business owners and contribute to TCI’s growth. Understanding how to navigate this entrepreneurial journey, secure financing, and achieve growth is crucial for business success. As a representative of CIBC FirstCaribbean, I felt honored to present on the topic of ‘Making Your Business Bankable’ for both existing self-
employed individuals and upcoming new business owners. We trust that the insights shared were beneficial to all attendees and eagerly anticipate future collaborations with InvestTCI on upcoming events.”
Mrs. Anissa Adderley, Director of the Business Support Unit, underscored the significance of partnerships between financial institutions and MSMEs. She stated, “The importance of partnerships between financial institutions and MSMEs cannot be underestimated. We are delighted to have partnered with RBC and CIBC FirstCaribbean to provide our MSMEs with this informative, interactive, and impactful training that will benefit their businesses and help them make more informed business decisions. MSMEs must prioritize financial education to allow them to reap the maximum benefits for both their businesses and the wider economy. MSMEs are the lifeline of our economy, and ensuring that they are resilient and sustainable is our core objective.”
The BSU invites business owners to take advantage of its face-to-face and e-learning training programs. The training is offered free of charge, and the information provided is vital to ensuring the success of their businesses. For further details, please contact the BSU at (649) 338-4787 or via bsu@investturksandcaicos.tc.
SERVICE WITH PRIDE AND INTEGRITY
***MEDIA RELEASE***
May 18th, 2024.
Following a police shooting incident on May 14th, the Royal Turks and Caicos Islands Police Force (RTCIPF) is now able to name the deceased male subject, with the permission of the family.
The Serious Crime Unit contacted the relatives of the deceased, and formal identification has taken place, with the subject being identified as 14-year-old Antorens Dorcely, also known locally as ‘Toto’. 
During this challenging time, the RTCIPF also expressed its deepest condolences to the deceased’s family, and the force will continue to offer support through our Family Liaison Officer.
In light of this incident, the RTCIPF is urging the public to show respect and sensitivity towards the grieving family by refraining from sharing any footage of the deceased on social media.
Sharing such material can cause additional distress and harm. We emphasize the importance of empathy and respect for the family’s privacy as they navigate their grief. The death of any young person is a loss to the TCI.
The RTCIPF is committed and dedicated to conducting a thorough investigation and ensuring that all aspects of the incident are carefully examined and the findings are communicated transparently to the public.
A request has been made to an external police force to conduct a review of the incident. This is a routine procedure and intended to ensure an independent and objective review of the facts. The community’s cooperation and respect during this time are essential. The RTCIPF assures the public that we remain dedicated to upholding justice and accountability.
Providenciales, Turks and Caicos Islands – May 14th, 2024 – The Turks and Caicos Islands Government and Molo Hotel Group reached a pivotal juncture on Monday, May 13th, 2024, with the ceremonial signing of a development agreement at the Premier’s Office on Providenciales. The agreement, which received official Cabinet approval on March 13th, 2024, signifies a steadfast commitment to advancing the economic landscape of the Turks and Caicos Islands.
Molo Hotel Group is a family-owned business, renowned for its distinguished portfolio of high-quality hotels worldwide. The
development initiative encompasses the construction of three distinct IHG branded hotels: InterContinental Turks and Caicos, Kimpton Turks and Caicos and Hotel Indigo Turks and Caicos. Scheduled for completion by 2027, each resort boasts a distinctive design from luxury to laidback sophistication spanning across the shores of Grace Bay Beach.
Kimpton Turks and Caicos – an epitome of luxury lifestyle living, will feature 192 guest rooms including three outdoor pools, a luxury spa and a fitness center. Additionally, seven dining options ranging from a beachfront restaurant to a rooftop bar.
Adjacent to the Kimpton, InterContinental Turks and Caicos will offer 59 classic luxury suites with panoramic ocean views. Mirroring its counterpart, this resort will offer an array of dining options and upscale facilities.
Steps away from the Intercontinental and Kimpton resorts, Hotel Indigo Turks and Caicos will embrace a sense of community and contemporary elegance, offering 56 bedrooms. The resort will feature an onsite restaurant, lobby bar, outdoor pool, and fitness room.
Beyond the realm of hospitality, this development agreement underscores the government’s commitment to fostering economic growth and enhancing employment opportunities in the Turks and Caicos Islands. Molo is partnering with the Turks and Caicos Islands Community College (TCICC) to actively promote hospitality as a career choice and support in developing training programs, career fairs, seminars, workshops, and events to raise awareness about hospitality careers. Molo has committed to provide employment and apprentice opportunities to TCICC students and provide mentoring and practical on property training to students.
The signing event was graced by Hon. Charles Washington Missick, Premier of the Turks and Caicos Islands, Hon. Jamell Robinson, Deputy Premier, Hon. Kyle Knowles, Minister of Public Safety and Utilities, Hon. Rachel Taylor, Minister of Education, Youth, Sports and Culture, Łukasz and Marcin Slominski, Owners of Molo, Ross Morrow, Managing Director Molo, Arik Kono, Vice President Upscale Development for IHG, Dr. Candice Williams, President and CEO of the Turks and Caicos Islands Community College, Angela Musgrove, InvestTCI CEO, Dr. Barbara Ambrister, Chairperson of the Turks and Caicos Islands Community College, Dr. Delores Stapleton- Harris, Vice President of Academic, Vocational and Student Affairs for the Turks and Caicos Islands Community College, Mr. Kevin Baxter, Dean of Technical Vocational Education Training (TVET) and Sheryl McLaughlin, InvestTCI Investment Services Executive.
Commenting on the development agreement, Premier, Hon. Misick, stated “The Memorandum of Understanding (MOU) signing of
IHG/Molo Hotels is a significant step towards a sustainable future for hospitality in the Turks and Caicos Islands. Three hotels, Kimpton, Intercontinental, and Hotel Indigo, will be introduced, enhancing our tourism product and creating employment opportunities.”
He further added, “Partnerships with the Turks and Caicos Islands Community College and Turks and Caicos Islands Sports Commission are underway, demonstrating the Government’s commitment to developing human capital and elevating tourism offerings. This project will bring economic growth, embrace local talent, and enrich our economy.”
Additionally, Mrs. Angela Musgrove, CEO of Invest Turks and Caicos Islands, emphasized “This collaboration confirms our commitment to fostering economic growth and prosperity within our country. We have worked closely with Molo Hotel Group, and we are confident that this transformative project will further position the Turks and Caicos Islands as a premier destination for travel and investment. Much to our delight, it will also provide opportunities for engagement with our Community College and small business community.”
The Government of the Turks and Caicos Islands, operating through its primary Investment Promotion
Agency, Invest Turks and Caicos Islands, remains committed to attracting and facilitating Foreign Direct Investments to the country by providing a comprehensive suite of services. Through strategic initiatives and targeted promotion, the agency catalyzes sustainable development, driving innovation and small business opportunities across various sectors of the economy.
#TurksandCaicos, May 13, 2024 – Detectives of the Serious Crime Unit of the Royal Turks and Caicos Islands Police Force have
charged a man who allegedly stole a vehicle.
The accused, DANVANTE BRISCO, 30, of Kew Town, Providenciales, was charged with:
- One Count: Robbery
- One Count: Taking Motor Vehicle Without Authority
- One Count: Using Offensive Weapon to cause fear
Mr. BRISCO appeared in court today (May 13 ) and was granted bail of $7500.00 with one surety.
The matter was adjourned to July 05 for a Sufficiency Hearing.
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