Bahamas

  • More large-scale marijuana cultivation discovered in Bahamas

    FREEPORT, Bahamas — Just two weeks after a $16.8 million discovery in Grand Bahama, police in The Bahamas uncovered another cultivated marijuana field in the same area on Thursday, when officers of the Drug Enforcement Unit, along with US counterparts acting on information, went to another undeveloped area in East Grand Bahama. Upon arrival at the location, they discovered a…

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  • Photo of Bahamas Wants Regional Centre of Excellence in Financial Services

    Bahamas Wants Regional Centre of Excellence in Financial Services

    The creation of a regional centre of excellence in financial services is being touted as the way forward if the region is to face the challenges and volatility of the global world of financial services. This is the view of the Minister for Financial Services here, Ryan Pinder, who told delegates attending the 3rd Caribbean Conference on the International Financial…

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  • UNITED STATES-MIGRATION-US arrest suspected Bahamian human smugglers

    FLORIDA, CMC – The United States Customs and Border Protection Agency (CBPA) says it has arrested two Bahamian men suspected of smuggling seven migrants, including Haitians, into the country. The agency said that the migrants came into the country on a vessel from the Bahamas and that border patrol agents had been alerted to the matter on Saturday. CBPA said…

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  • BAHAMAS-MIGRATION-Bahamas and Haiti to discuss illegal migration

    NASSAU, Bahamas, CMC – The Bahamas and Haiti will hold talks in Port au Prince next week on the vexing issue of illegal migration, Prime Minister Perry Christie has said. Christie, briefing reporters on his attendance at the 25th Caribbean Community (CARICOM) Inter-Sessional summit that ended in St. Vincent and the Grenadines late Tuesday night, said that the matter had…

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  • CARIBBEAN-DEVELOPMENT-CDB funds for development projects in Bahamas and Barbados

    BRIDGETOWN, Barbados, CMC – The Barbados-based Caribbean Development Bank (CDB) is making available more than US$18 million in loans to the Bahamas and Barbados for various development projects. CDB at its 60th meeting of the Board of Directors on Thursday approved US$16.18 million for the 40 year-old College of The Bahamas (COB) for an institutional and physical makeover. Among the…

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  • BAHAMAS-WOMEN-Government to develop strategy to deal with violence against women

    NASSAU, Bahamas, CMC – The Bahamas says it hopes to develop a strategic plan to deal with violence against women by June and reiterated its condemnation of violence in any form against women in the country. “Hundreds of women in The Bahamas face situations that cause serious distress, pain and frustrations to them and their children and households, generally,” Minister…

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  • BAHAMAS-ECONOMY-Bahamas sign tax agreement with Czech Republic

    NASSAU, Bahamas, CMC – The Bahamas says it has entered into an agreement on the Exchange of Information on Tax Matters (TIEA) with the Czech Republic, the second such accord to be signed with an Eastern European nation. “The Bahamas welcomes the conclusion of this agreement with Czech Republic, a fellow participant in the ongoing efforts to implement the international…

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  • Photo of Joint Bahamas, US Efforts “Critical” to Fighting Transnational Crime

    Joint Bahamas, US Efforts “Critical” to Fighting Transnational Crime

    Collaborative efforts between the Bahamas and the United States are “critical” to tackling the “constant assault” of transnational crime,” according to Bahamas Foreign Minister Fred Mitchell. The Minister was speaking this week following the signing of a modification to the letter of agreement on narcotics control and law enforcement first signed between the two countries in 2010. “Today, money laundering…

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  • Bahamas-China Visa Exemption Agreement Officially Begins

    The new mutual visa exemption agreement between the Bahamas and China has officially taken effect. The agreement, which was signed in December 2013, allows Bahamian and Chinese citizens to travel to one another’s country visa-free for up to 30 days. It does not allow the holder to engage in gainful employment, to study or reside in that country, however. The…

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  • ENTREPRENEURSHIP KEY TO PERSONAL ENRICHMENT AND NATIONAL ECONOMIC GROWTH

    BAHAMAS (February 14, 2014) -The path to personal and national economic growth, for the most part, is the same, according to a leading financial specialist. Former Bahamian Finance Minister Zhivargo Laing says the key is “entrepreneurship” and he urges people to “look to the wealth of knowledge, experience, creativity and innovation they have to generate ideas that have the force…

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