Connect with us

Bahamas News

BAHAMAS: PM Met with Director General of the Directorate Generale for Taxation and Customs Union of the European Commission

Published

on

#Brussels, January 16, 2019 – Belgium – Prime Minister, Dr. the Most Hon. Hubert Minnis led a delegation to the European Commission on Tuesday, January 15th, 2019.  His delegation, which included Attorney General Sen. the Hon. Carl Bethel, met with Stephen Quest, Director General of the Directorate Generale for Taxation and Customs Union of the European Commission, and senior members of his team.

The Directorate Generale is responsible for the implementation of taxation policy in the European Union.

“Both parties agreed that the meeting was very constructive,” Prime Minister Minnis said.  “This meeting allowed The Bahamas to ensure that the European Commission clearly understood the importance to The Bahamas of its longstanding relationship with member states of the European Union, in particular our trade relationship under the Economic Partnership Agreement.”

The parties discussed the implementation by The Bahamas of commitments agreed and recently enacted to further and to maintain good economic relations with the European Union. Prior delegations of The Bahamas to the European Commission met with senior personnel and technical teams in the Directorate Generale.

Tuesday’s meeting between the Prime Minister and the Director General is part of an ongoing process which included prior technical meetings. It provided the opportunity for the Prime Minister to reaffirm the commitments of The Bahamas at the highest levels.

The meeting also allowed the Attorney General to give an overview and discuss the new legislative regime with the Director General.

The Director General welcomed and appreciated the presence of the Prime Minister, and the significant commitment demonstrated on behalf of The Bahamas.  Director General Quest noted that The Bahamas and the European Commission enjoy a productive and long-standing relationship. He encouraged and supported ongoing engagement.

As the head of government, the Prime Minister reaffirmed the Government’s commitment to the highest level of the Directorate Generale.

The discussions with EU officials led by Prime Minister Minnis demonstrates the commitment of The Bahamas to protecting the financial services sector, while maintaining a relevant and competitive position of the sector, and to take all possible proactive steps to protect our national economic interests.

The Prime Minister returns to The Bahamas on Wednesday, January 16th, 2019.

 

Office of the Prime Minister press statement

Photo Caption: From left: Stephen Coakley Wells, advisor to the Minister of Finance; Attorney General Sen. the Hon. Carl Bethel; Prime Minister, Dr. the Most Hon. Hubert Minnis; and Viana Gardiner, COO, PMDU.

Continue Reading

Bahamas News

Bahamas economic growth

Published

on

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.

 

Continue Reading

Bahamas News

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

Published

on

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.”

 

 

Continue Reading

Bahamas News

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

Published

on

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.

 

 

Continue Reading

FIND US ON FACEBOOK

TRENDING