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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 […]

10Th Bahamian GG Appointed

18 June 2019

It is now official. The Cabinet Office  has announced that  Mr. Cornelius A. Smith will be appointed as the next  Governor  General of the Bahamas with effect from 28th June 2019. It was also announced that Her Excellency,  the Most Honourable Dame Marguerite Pindling,  the current Governor General will be demitting office on 28th June […]

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The Right Approach In Business Trumps Talent

17 June 2019

Nygard’s Golden Jubilee Review It’s not an everyday occurrence to discover an individual who has pulled himself up by his bootstrapsto 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 achieve similar successes? That’s what we’ll […]

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DNA DEPUTY DEFENDS FORMER LEADER

17 June 2019

Democratic National Alliance (DNA) Deputy Leader Buscheme Armbrister yesterday defended former party leader Branville Mcartney following his controversial comments  published in a local daily this past Friday.  Mr. McCartney suggested that children born to foreign parents should be entitled to apply for citizenship at birth.  This in an effort to address the vexing issue of […]

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MITCHELL: “GOVT Victimizing Bahamians”

17 June 2019

Progressive Liberal Party (PLP) Chairman Senator Fred Mitchell yesterday expressed concerns regarding the level of trust surrounding government contracts.  He said the current administration has been cancelling contracts, refusing to pay, and forcing affected parties to duke it out in court.  “The occasional workers, who came on the Empowerment Program, all of them have been […]

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POLICE PROBE ANOTHER HOMICIDE

17 June 2019

Police in New Providence are investigating a shooting incident, last Saturday which left an adult male dead. According to reports, shortly before 2:00am a male was asleep in a bedroom in a home on Sister Marie Rahming Drive, Millennium Gardens, when an armed man stood outside the window and opened fire into the bedroom, hitting […]

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LPIA GETTING RUNWAY FACE LIFT

17 June 2019

The Nassau Airport Development Company (NAD) yesterday announced that major rehabilitation work will begin on runway 09/27, which is soon to be runway 10/28; and taxiway India at the Lynden Pindling International Airport (LPIA). In a release, the company added that it has joined forces with local firm Bahamas Hot Mix to complete the capital […]

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The Man That Makes It Happen

14 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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NYGARD SEEKS CONSENSUS

14 June 2019

Supreme Court Justice Cheryl Grant-Thompson  agreed yesterday for a consensus agreement to vacate  a warrant of arrest for Fashion Mogul Peter Nygard and to allow him to return to the Bahamas to pursue his legal rights.  After listening to an address from Nygard’s lawyer, Algernon  Allen, the Judge allowed both sides in the matter to […]

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OPERATION RESTORATION LAUNCHED

14 June 2019

Gravely concerned about the rate of crime, murder, suicide, domestic violence and abuse in the country, the Bahamas Christian Council yesterday  announced the launch of Operation Restoration. President of the Council, Bishop Delton Fernander speaking at the press conference at the William Thompson Auditorium  said, “the peace and stability of our country is being threatened. […]

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NEW SCHOOL PLANNED FOR INAGUA

14 June 2019

Matthew Town, Inagua is set to get a new school in the upcoming year and plans are on the drawing board for the construction of new schools in Gregory Town, Eleuthera, and George Town, Exuma. Minister of Education, Jeffrey Lloyd in his contribution to the ongoing  udget Debate on Wednesday  made the announcements as he […]

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