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Tech Summit to Propel Grand Bahama Towards Becoming a Tech Hub

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#Bahamas, August 29, 2017 – Grand Bahama – Prime Minister Dr. the Hon. Hubert Minnis announced that the Office of the Prime Minister, Grand Bahama, will soon host a GB Tech Summit, with leading local and international technology companies:  “The summit will expose entrepreneurs to the global market and Grand Bahama will be on the way to becoming a tech hub of The Bahamas,” Prime Minister Minnis told members of the media on Friday, August 25 at the Office of The Prime Minister.

The announcement came following a meeting the Prime Minister held with Minister of State for Grand Bahama, Senator Kwasi Thompson, and Parliamentary representatives in Grand Bahama.

The Prime Minister said his presence in Grand Bahama was in keeping with his promise to make regular visits to the Office of the Prime Minister in Grand Bahama and in Abaco: this, he said, would give him a more “hands-on” approach to the affairs of both islands.

Prime Minister Minnis said his first order of business at the Office of the Prime Minister in Grand Bahama was a meeting with the team headed by Minister of State, Sen. the Hon. Kwasi Thompson.

“The first mandate given to this office is the economic revitalization of Grand Bahama,” said Prime Minister Minnis  — “the team and I reviewed ongoing projects as well as new initiatives.    I received an update on the Hurricane Relief Program in Grand Bahama.   I have instructed the Grand Bahama officials to review the program, with a view to bringing assistance to the people of Grand Bahama in a more expeditious manner.

“The Office of the Prime Minister, Grand Bahama, is actively engaged in the establishment of the Grand Bahama Investment Unit.   This Unit will be a one-stop shop for investors, improving the ease of doing business.   Ultimately, this unit will be the place for Grand Bahama-specific application processing.  This will mean faster turn-around of investment applications, thus putting persons to work sooner.”   Also discussed, he noted, was the establishment of the Grand Bahama Investment Promotions Board with its mandate to drive Foreign Direct Investments to Grand Bahama and create greater opportunities.

Prime Minister Minnis said meetings in Grand Bahama included fruitful talks with Hutchison representatives on the forward movement of the Grand Lucayan Hotel strip.

Asked for a timeline on when promising news about the future of the hotel will come about, Prime Minister Minnis said that he did not want to bind himself to a time frame, noting that if he gave a timeline and the deal did not come through by that timeline, it would appear he was not telling the truth.    “And I would not like to be known as someone who tells untruths,” said the Prime Minister.

During his time in Grand Bahama, the Prime Minister and his team also met with the principals of Harcourt Development to whom they stated the government’s position on the revitalization of the property.   “I expressed in clear terms that the status quo is unacceptable,” said Prime Minister Minnis.   “This office will take an active role in ensuring this property is revitalized.”

He continued, “I am happy to report that these meetings were very productive with the government’s focus on its commitment to Grand Bahama. The economic revitalization of Grand Bahama is critical to my government and all our team here – all efforts are being made to ensure Grand Bahama can touch and feel the impact of economic opportunities.

“I am committed to Grand Bahama and my commitment is evident through this office. I will continue to be in office one day a month to serve this community.”

The Prime Minister added, “I promise that I will be back to experience ‘A Taste of Port Lucaya,’ which I encourage all Grand Bahamians to support.”

Story by: Andrew Coakley (BIS)

GIVING UPDATE – Prime Minister Dr. the Hon. Hubert Minnis gave an update of his first full day in Grand Bahama during a press conference in the Office of The Prime Minister on Friday, August 25, 2017.  Also on hand for the press conference were Minister of State for Grand Bahama, Kwasi Thompson, and Parliamentary Secretary for Information and Communication in the Office of The Prime Minister, Pakesia Parker-Edgecombe.

(BIS Photo/Vandyke Hepburn)

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Bahamas News

Bahamas economic growth

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Rashaed Esson

Staff Writer

The Bahamas’ economy is in good standing according to reports from the Bahamas National Statistical Institute which released the Quarterly Gross Domestic Product Series. They indicate that quarterly GDP trends for 2023 saw increases compared to 2022, a sign of recovery from the Covid 19 pandemic.

The most significant increase was 9.9 percent in the first quarter of 2023, and the industries responsible for the growth include Accommodations and food, construction and Arts.

 

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C&W COMMUNICATIONS PROUD TO BE ASSOCIATED AS ATHLETES “CHASE THE SUN”

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World Relays to be title sponsored by BTC, one of C&W’s local brands.

 

In just a few days, athletes from over fifty countries will converge in The Bahamas for the BTC World Athletic Relays Bahamas 24. C&W Communications, the parent company of BTC, is proud to be associated with this major event, which will see athletes from The Bahamas, Barbados, Jamaica, and Trinidad & Tobago competing for a place in the upcoming Olympic games in Paris.

Inge Smidts, CEO of C&W Communications, who also serves as Chair of the BTC Board of Directors will be in the stands to witness the highly anticipated relays. Smidts says, this was an event that she simply could not miss. “We are proud to support our Caribbean athletes, and we wish them well as they vie for a spot in the Olympic games.

The relays will be held one of in our markets, The Bahamas, and we are honoured to be the title sponsor of the event. The world relays represent the spirit of relentless courage and the willingness to succeed of the Caribbean people and of our business. Through partnerships like this we demonstrate our unwavering commitment to connect communities and change lives.”

In addition to its sponsorship of the event, Smidts says it was important that athletes, officials, and fans stayed connected during the games. “As a business we are focused on ensuring that our customers have access to faster, stronger, and more reliable connectivity, and we worked with our partners to make certain that athletes and guests remain connected.

We have offered e-sim cards, and we also worked with the major hotels to set up care centers to ensure that we address any connectivity concerns on the spot. Additionally, I am pleased to announce that BTC will provide free Wi-Fi at the stadium giving patrons and athletes the opportunity to share every riveting moment.”

BTC has hosted a special event just for the Caribbean athletes, at the newly renovated Queen’s Staircase in Nassau, a recently renovated historic landmark visited by thousands of tourists each day. This event gave athletes the opportunity to unwind, mingle, and to learn more about each other right before the competition.

This is the fourth time that BTC and its parent company C&W Communications have title sponsored the world relays. The BTC World Athletic Relays will be held at the Thomas A. Robinson Track & Field Stadium from May 4-5, under the theme, “Chase the Sun, from Paradise to Paris.”

 

 

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RBC appoints new Country Manager and Area Vice President for Turks & Caicos 

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RBC Royal Bank (Bahamas) Limited (“RBC”) is pleased to announce the recent appointment of Kerryl-Lyn King-Henry as Country Manager and Area Vice President (“AVP”), Personal and Commercial Banking, Turks & Caicos Islands (TCI).

In her new role as Country Manager and AVP, King-Henry will take on full responsibility for the bank’s operations, strategy, and development in the TCI market, with a strong focus on solidifying partnerships with the Government, regulatory bodies, and the local community.

King-Henry brings to the role a dynamism influenced by nearly 25 years of industry experience. Prior to her new appointment, she served as AVP of Business Banking in Trinidad and Tobago. She has held progressively senior roles within both personal and commercial banking, as well as various functional units.

King-Henry holds a Master of Business Administration (MBA) degree, with a specialization in Leadership, FinTech and Big Data Analysis, in addition to a Bachelor’s Degree in Business Administration. Further enriching her professional profile, Kerryl-Lyn is a certified John C. Maxwell Coach, Trainer, Teacher, and Speaker. Her passion for leadership and development is matched by her commitment to community service, as she actively volunteers her time and leverages her professional expertise to mentor and support others. “

Kerryl-Lyn’s extensive experience and proven leadership capabilities make her the perfect choice to lead our operations in the Turks & Caicos Islands,” said Ericka Rolle, RBC’s Managing Director and Vice President, Personal Banking, The Bahamas and TCI.

“Her commitment to excellence, combined with a genuine passion for community engagement, aligns perfectly with our Bank’s purpose of helping clients thrive and communities prosper. We are excited to see the positive impact she will undoubtedly bring to her new role,” she added.

 

 

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