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News from the Turks and Caicos Islands:




European Union confirms nearly $30 million for TCI

European Union confirms nearly $30 million for TCI

The Turks and Caicos Islands (TCI) had nearly US$30 million (€25.6m) of European cash to support its education and business sectors confirmed at the EU’s recent Overseas Countries and Territories (EUOCT) event on 24-26 February 2015. “We can now reveal that the TCI...

Regional bond market impressed by TCI turnaround

Major players in the Caribbean regional debt market were impressed by the turnaround in the public finances of the Turks and Caicos Islands (TCI), during a roadshow in Trinidad and Tobago. Ahead of the TCI government refinancing around US$70 milllion of debt in February 2016...

Disproportionate impaired loans in the Caribbean weighing down Canadian banks

 As the extent of the damage suffered by Canadian banks in the Caribbean comes more clearly into focus, so too does the role the misfortunes of the region’s hospitality industry played in inflicting that damage, and so too does the question of how much is too much.

Health City, Cayman Tourism partner to promote medical travel

Health City, Cayman Tourism partner to promote medical travel The Caribbean's newest healthcare facility is venturing into a new partnership to strengthen its identity as the region's premier destination for world-class healthcare and medical tourism. Shomari Scott, marketing director of Health City Cayman Islands, said that the international hospital's strategy...

Let's Talk Business: Are you a small business owner social media skeptic?

Let's Talk Business: Are you a small business owner social media skeptic? I’ve often heard some skeptical small business owners speak of how they despise social media, especially Facebook. They go on about how their business would not benefit from social media networking. Some proclaim that they rarely even use the Internet, except for accessing their email of course.

Retain strengths and resist tampering, says governor

Retain strengths and resist tampering, says governor Governor of the Turks and Caicos Islands (TCI), Peter Beckingham, spoke on Monday to a workshop arranged by the Governor’s Office in association with the Public Accounts Committee (PAC), chaired by the leader of the opposition, Sharlene Cartwright-Robinson.

Health care contract

TCI back in the sovereign bond market

Caribbean regional bond market institutions will discover a new investment opportunity in the Turks and Caicos Islands (TCI) during a financial roadshow beginning in Trinidad and Tobago on Wednesday. TCI ministry of finance acting permanent secretary, Shonia Thomas-Been...

Power 92.5

Cayman Islands attorney general comes under fire again

Cayman Islands attorney general comes under fire again A local attorney said that there are too many unanswered questions in relation to the legal authorities in the Cayman Islands that are of significant public concern. With a number of freedom of information requests eliciting very little information because of poor record keeping or refusals to release information...

HR1

TCI residents can now access superfast broadband

Superfast broadband speed of up to 48Mbps, which can be as much as six times the speed customers previously enjoyed, is now available in Anguilla and Turks and Caicos Islands (TCI). A network upgrade from regional telecoms provider LIME has facilitated the new service.

HR 2

Letter: Why do they not protest in the TCI?

An alleged Crown Land swindle has occurred at the Providenciales International Airport in the Turks and Caicos Islands (TCI) in connection with the new Blue Heron FBO where no belongers are shareholders, partners or owners. Mortimer Sackler, Michel Neutlings and other foreigners...

HR 3

TCI deep water port disguised as multimillion-dollar sand tender

TCI deep water port disguised as multimillion-dollar sand tender A twice delayed Turks and Caicos Islands (TCI) government approved sand mining tender (one of two) is now being perceived locally as having a disguised motive of creating a deep water port at the same time. The proposed works would permit the use of much deeper draft vessels to call on the islands.

HR 4

Commentary: The View from Europe: OTs message hides a darker truth

Commentary: The View from Europe: OTs message hides a darker truth Imagine this. You are the premier of the Cayman Islands or the British Virgin Islands. You have been trying your hardest to continue to develop your nation’s economy. With British support and encouragement over a long period, the nation’s financial services and tourism sectors have flourished.

HR 5


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