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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 […]

TEEN CHARGED WITH MURDER

12 June 2019

A nineteen-year old male was yesterday charged  before the courts for  murder. Javano Hall  stood before Chief Magistrate Joy Ann Ferguson-Pratt for the May 30th killing of Shaquille Rolle which took place  on Shady Tree Street, Culmersville. He was not required to enter a plea and was remanded to the Bahamas Deparment of Corrections until […]

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DAMES BOASTS “ CRIME DOWN”

12 June 2019

Minister of National Security Marvin Dames yesterday boasted in crime taking a dive during his tenure in office during his contribution to the budget debate in the House of Assembly.  He said for the first quarter of 2019 overall crime was down by seven per cent compared to how the numbers stacked up last year […]

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Nygard’s Golden Jubilee Review

11 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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FRED HAZLEWOOD TO BE KNIGHTED

11 June 2019

Leading businessman  Frederick Asa Hazlewood is to be Knighted  and    leads the list of Bahamians  who have been honoured by Her Majesty the Queen in  her 2019 Birthday Honours.  He is President of  the John Bull group of companiesand represents the fourth generation of leaders at JOHN BULLraised on a simple leadership philosophy: “A business doesn’trun on autopilot.”   JOHN BULL was established as an old English Tobacco house in 1929.   Later an office products department was added byFred’s father, Frank Hazlewood, that evolved into The JOHNBULL Business Centre. In 1955, toys, watches and novelty giftswere introduced into the company’s lines. In 1951 a relationship was formulated by Frank Hazlewood which resulted in The  JOHN BULL enterprise becoming the exclusive retailer forROLEX in the BAHAMAS.   Further partnerships as the yearswent by have been established with such companies as Gucci,Cartier, Bvlgari, Coach, Michael Kors, Tiffany, Tag Heuer,Patek Phillipe, and David Yurman. In the last few years, the Bahamas franchise for the Starbucks Corporation and Subwaybecame part of the JOHN BULL Group of Businesses. In 2009, Queen Elizabeth II, at Buckingham Palace, LondonEngland, conferred upon Frederick A. Hazlewood, The MostDistinguished Order Of Saint Michael And Saint George, foroutstanding services to the business community in TheCommonwealth of the Bahamas. Mr. Hazlewood  is now to be Knight Commander, Order of St. Michael and St. George for services to business.  The […]

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New Rules To Stop Hacking

11 June 2019

As hacking remains a vexing issue for the CivilAviation Authority, industry stakeholders and other national agencies are engaged in a collaborative effort to enact additional legislation and regulations, impose harsher enforcement action, increase successful prosecution of the offending pilot and implement new initiatives to educate travellers and pilots about the risk of illegal air charters.   The […]

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Pintard Consultancy Allocations

11 June 2019

The allocations for consultancy services in the government’s national budget has increased  dramatically. In the Ministry of Agriculture and Marine Resources the allocation jumped   from $30,000 to $320,000, a figure Minister Michael Pintard said is still not enough. “We believe that the $300,000 is not sufficient, so we are going to gradually each year seek to increase the amount of funding. “There […]

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Bahamasair Challenged By Rising Fuel Prices

11 June 2019

The rising cost of fuel prices  is negatively impacting Bahamasair, the national flag carrier, according to Aviation Minister Dionisio D’Aguilar who says that this was the greatest challenge to the airline meeting its financial target. Bahamasair spent $11.8 million on fuel in 2017 and $18 million in 2018. “As tensions rise between the United States, China and Iran , this will negatively […]

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POLICE PROBE HOMICIDE AND BANK ROBBERY

11 June 2019

Police on New Providence are investigating a shooting incident which occurred on Sunday night which has left an adult male dead. According to reports, shortly before 9:00 pm, a man was standing in front of a home on Price Street, Nassau Village, when he was approached by occupants of a vehicle, who opened fire on him, hitting him about the body […]

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Ministry Awaits Autopsy Reports

11 June 2019

The  Bahamian High Commissioner  in London  Ellison Greenslade has reported  that he and officials from the High Commission have “made good progress” in the investigations into the deaths of two Bahamian young men whose bodies were found in a lake in Turin, Italy. In a report  from Italy yesterday, Mr Greenslade  said he and his delegation were warmly received with a great measure of courtesy and respect by […]

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230 RBDF RANGERS GRADUATE

28 May 2019

The Royal Bahamas Defence Force Rangers Programme received a major boost on Saturday past as 230 young people successfully graduated from their Rangers recruit training program.  The Passing Out Parade Ceremony for the nation builders took place at the Defence Force Coral Harbour Base on May 25th where Defence Force Rangers Cadets, both male and […]

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