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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 […]

US Fulbright Scholarship Re-established

15 May 2019

The Ministry of Education and the United States signed a Memorandum Of  Understanding (MOU) yesterday, reestablishing the Fulbright Fellowship Programme for Bahamians students.  Minister of Education, Jeffery Lloyd, said the relationship goes back some 50 years, adding that the signing  culminated two years of work between the Ministry and the US Embassy.  Mr. Lloyd said  the  signing is an […]

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Minister Denies Migrants Are Stateless

15 May 2019

Immigration Minister Brent Symonette  has  denied that Bahamians of Haitian decent, born in The Bahamas, are stateless, an issue raised by President of the Inter-American Commission on Human Rights (IACHR) when the Bahamas appeared before the commission in Jamaica last Friday.  Speaking with reporters recently, Mr. Symonette was asked to respond to the outcome of the meeting […]

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FNM ATTACKS COOPER’S CLAIMS

15 May 2019

The Free National Movement (FNM) says after two years of positive growth, the country is positioned for more investments and opportunities. The Party   issued a statement yesterday  answering  the Progressive Liberal Party’s Deputy Leader Chester Cooper’s criticism of the government over the latest GDP numbers. The FNM said, “for five years the woeful PLP’s disastrous leadership marked by […]

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SIX GROUNDS OF APPEAL IN FRANK SMITH’S CASE

15 May 2019

The government’s appeal against former PLP Senator Frank Smith opened  in the Court of Appeal yesterday  with the Crown listing six grounds why the case should be sent back to the Magistrate’s Court and heard by another Magistrate. The Crown’s lead Attorney in the matter, Director of  Public Prosecutions, Garvin Gaskins  suggested Chief Magistrate Joyanne Ferguson-Pratt took extraneous matters […]

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THREE CHARGED IN JOHN BULL ‘S ROBBERY

15 May 2019

Three men were charged with stealing and causing damage before Magistrate Samuel McKinney yesterday. Jason Ferguson, 33 years old, Diego Carey, 24 years old and Phynarge Wright, 22 years old, the trio who reportedly stole $451,625 worth of jewelry and watches from John Bull in Baha Mar on Sunday, May 5th.  In the process, the […]

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DPM sees GDP statistics as positive sign

15 May 2019

Deputy Prime Minister and Minister of Finance Peter Turnquest sees it as positive sign the GDP growth is largely driven by the private sector, as this he said is an indication  of what he called no artificial inflation. That aside though, he accepts that the 1.6 per cent growth rate is lower than anticipated, which is […]

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TWO CHARGED WITH MURDER

15 May 2019

Two men arraigned yesterday before Magistrate Samuel McKinney in connection with the double homicide which occurred last Wednesday, May 8that Potter’s Cay Dock.   Ramon Young AKA “Monee”, 30 years old, of Coral Harbour Road and Deshawn Brooks, 25 years old of Pineville, Andros were charged with two counts of murder in connection with the shooting […]

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DPM: “ECONOMY ON A PATH OF SUSTAINED GROWTH”

14 May 2019

Reacting to  the report by the Department of Statistics that the Bahamian economy grew by 1.6 percent in 2018,  the Deputy Prime Minister and Minister of Finance  K. Peter Turnquest says,“this is the first time the country has had decent economic growth in over five years. When we look at where we are now compared to where we […]

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PLP SENATOR SLAMS IMMIGRATION AMENDMENTS

14 May 2019

Senator Jobeth Coleby-Davis yesterday slammed the proposed amendment to the Immigration Act in the Senate, labelling it as a stripping away of the Bahamianization policy.  She said, “we can agree that foreign investors in some ways form part of the Bahamian history. For many years you will hear the names of those who have brought […]

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Alleged Child Abductor Remanded

14 May 2019

A psychiatric evaluation has found that alleged child abductor De’Edra Gibson is fit to enter a plea in the case of such charges.  The 29-year-old hair stylist  pleaded not guilty on four counts of abduction  when she appeared before Magistrate Samuel Mckinney  yesterday morning. The charges included abducting  an unmarried person under the age of 16 – the youngest […]

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