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TWO NEW MAJOR INVESTMENTS (BILLION DOLLAR INVESTMENT BOOM) GOVERNMENT SIGNS $55 M LOAN AGREEMENT FOR NORTH ELEUTHERA AIRPORT
 
BAHAMAS INVESTMENT FORUM IN WASHINGTON, DC --  Photographed above are some the participants of the first Bahamas Business and Investment Forum in Washington, DC organized by The Embassy of The Bahamas. From left to right are Senator Barry Griffin; Central Bank Governor John Rolle; Senator Quinton Lightbourn; Senator Michael Halkitis, Minister of Economic Affairs; Barbara Feinstein, U.S. Deputy Assistant Secretary of State; The  Bahamas Ambassador to the United States His Excellency Wendall Jones; The Hon. I. Chester Cooper, Deputy Prime Minister and Minister of Tourism and Investments; Ambassador Chet Neymour; Consul General Washington Patrick Adderley; Consul General New York Leroy Major; and Michael Fountain, Honorary Consul Chicago.

TWO NEW MAJOR INVESTMENTS (BILLION DOLLAR INVESTMENT BOOM)

The Deputy Minister and Minister of Tourism, Investments and Aviation, I. Chester Cooper has announced that the government will execute heads of agreements this month for more than $1billion of new investments in major touristic developments. It is understood that these projects are slated for Paradise Island and Cable Beach. Mr. Cooper made the announcement […]

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GOVERNMENT SIGNS $55 M LOAN AGREEMENT FOR NORTH ELEUTHERA AIRPORT

Shenia RobertsJournal Staff Writer Prime Minister Philip Davis and Deputy Prime Minister and Minister of Tourism and AviationChester Cooper visited the island of Eleuthera on Monday to sign a $55 million dollar loanagreement with the Saudi Fund for Development to facilitate updates to North Eleuthera’s airportterminal.The updates to North Eleuthera International Airport have been long […]

Work Permit Fees Worries Mitchell

27 June 2019

The 2019/2020 Budget Debate wrapped up yesterday in the Upper Chamber with Senator Fred Mitchell, who addressed concerns regarding the increase in work permit fees.  He said these fees have now become a revenue center for the government to the extent of some $50 million per year.  He added there is no incentive for any […]

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Families Plan Funerals for Italy Murder Victims

27 June 2019

Funeral preparations are underway for Alrae Ramsey and Blair John, two Bahamian men whose bodies were pulled from the Po river in Turin, Italy this month.  The Bahama Journal understands that plans are being made for John to be buried this coming Saturday at Evangelistic Temple Assemblies of God at 1 p.m.  Foreign Affairs Minister […]

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Man Charged with M-Deez Murder

27 June 2019

Five days after allegedly committing his death, 32-year-old Shamano Cooper was formally arraigned in connection with the stabbing death of Bahamian artist Davon Alistair Knight, affectionately known on the music scene as ‘M-Deez’. It is alleged that on June 21, Cooper, during an altercation with M-Deez fatally stabbed him. He died en route to hospital. […]

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American Airline Emergency GB Landing

27 June 2019

No one was injured and no damage was reported during the emergency landing of American Eagle flight 1963 at Grand Bahama International Airport on Wednesday, according to police. Police said the emergency landing occurred shortly before 10 a.m.  The flight left Charlotte, North Carolina en route to Punta Tana, Dominican Republic with 109 passengers on […]

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Shark Attack Leaves Tourist Dead

27 June 2019

A shark attack on Wednesday has left an American woman dead. According to police, shortly after 2 p.m. a woman was snorkeling in waters near Rose Island when she was attacked by sharks.  The woman was transported to shore and taken to hospital where she was pronounced dead. In a statement issued by the Ministry […]

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Gov’t Building Resilience for Natural Disasters


27 June 2019

The government is sub-funding a disaster relief fund, which it hopes will grow to $200 million in an effort to provide relief in the event of a natural disaster.  Bahamians are also being forewarned to prepare early for natural disasters during this hurricane season, considering that for three years, The Bahamas has experienced three consecutive […]

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Peter Turnquest

BPL Outages Vexing

27 June 2019

Deputy Prime Minister Peter Turnquest weighed in on the recent bout of load-shedding at Bahamas Power and Light and acknowledged that “not having access to electricity has been an unfortunate and regrettable circumstance”. Mr. Turnquest added that the government and BPL are continuing to work on solutions to this vexing issue, particularly with the acquisition […]

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Clergy – Dame Marguerite ‘Raised the Bar’

27 June 2019

As well-wishers salute Governor General Dame Marguerite Pindling for her stellar service to The Bahamas, New Covenant Baptist Church Pastor Emeritus Bishop Simeon Hall lauded her as an exemplary woman who raised the bar of womanhood to another level. Bishop Hall joined many others who praised Dame Marguerite yesterday during a service of Thanksgiving at […]

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Nygard’s Golden Jubilee Review- How Nygard Got It Right From The Start

26 June 2019

Nygard’s Golden Jubilee Review It’s not an everyday occurrence to discover an individual who has pulled himself up by his bootstraps to achieve phenomenal success with a business that’s still breaking barriers, still achieving firsts, and still innovating fifty years later. What does it take? How did he achieve it all? And how can we […]

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16 Injured in Tour Bus Crash

26 June 2019

Two Bahamians were among the 16 injured in the Eleutheran Adventure tour bus accident on Monday in Rock Sound, Eleuthera.  Minister of Health Dr. Duane Sands confirmed outside Cabinet on Tuesday morning that the two Bahamians are in stable condition at the Princess Margaret and Doctors Hospitals. Some of the injured Americans were airlifted to […]

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