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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 […]

Traffic Fatalities Surpass 2022 Records

03 November 2023

BY DESTINY JOHNSONJournal Staff Writer To date, The Bahamas has recorded 46 traffic fatalities, an increase of four compared to the sameperiod in 2022.Just last week Sunday, a male driving a trail motorcycle collided with a female driving a goldNissan Bluebird in the Nassau Village area.The male succumbed to his injuries on scene.With fatal road […]

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PLP Chairman Fred Mitchell

Mitchell Says Chairman in Cabinet Follows Tradition

03 November 2023

By Keile CampbellJournal Staff Writer Progressive Liberal Party (PLP) Chairman and Member of Parliament (MP) for Fox Hill FredMitchell, during his contribution in the House of Assembly on Monday, explained thepractical function of the chairman of the incumbent party serving in Parliament as somethingthat is traditional, with origins of this practice traced back to the […]

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Robyn Lynes

Lynes Announces Candidacy for PLP Chair

03 November 2023

By Keile CampbellJournal Staff Writer Former Progressive Liberal Party (PLP) Senator and attorney Robyn Lynes officiallyannounced her candidacy to be the party’s national chairperson.While speaking with reporters, Ms. Lynes spoke of her aim to “reinvigorate” the membershipof the party and listen to concerns of the supporter base, if elected as chairperson of the PLP.During a […]

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Projected Growth Expected for Bahamian Economy

03 November 2023

BY DESTINY JOHNSONJournal Staff Writer Despite many international and unpreventable economic issues throughout the world, theBahamian economy is still expected to outpace 2022.Governor of The Central Bank John Rolle made the announcement as he presented the quarterlyeconomic briefing.He said these trends are based on the tourism industry.“The near-term risks to the economy remain concentrated around […]

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Hon. Pia Glover-Rolle

Govt Seeks to Modernize Public Service Payment Processing

03 November 2023

By Delvardo EmmanuelJournal Staff Writer Following challenges with past payments of workers in the 52-week program,Minister of Labour and Public Service Pia Glover-Rolle said the government islooking to modernize the way of processing payments.“The issue is, and we have spoken to this since day one. We have antiquatedsystems in the Public Service,” Glover-Rolle said.“We’re still […]

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Central Bank Delays Cheque Elimination

03 November 2023

DESTINY JOHNSONJournal Staff Writer The Central Bank of The Bahamas has pushed back the date for the removal of cheques tosometime in 2026.In December 2021, Central Bank had announced the elimination of domestic cheques tocommence late 2024, but earlier this month the deadline was adjusted.Central Bank of The Bahamas Governor John Rolle said this gives […]

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New Parliament Design in the Works

03 November 2023

By Gerrino J. SaundersJournal Staff Writer It has been many years now that parliamentarians from successive governmentadministrations have called for the construction of a new state-of-the-artparliamentary building. However, back in 2014 plans to increase salaries formembers of parliament and to construct a House of Assembly received negativefeedback from the general public and was subsequently shelved.While […]

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Immigration Officers Charged with Bribery

03 November 2023

By Delvardo EmmanuelJournal Staff Writer Three men, two of whom are immigration officers, were arraigned in theMagistrate’s Court last Friday, each charged with one count of bribery and onecount of conspiracy to commit bribery.The charges relate to that immigration ring uncovered within the Department ofImmigration.According to court records, Chief Immigration Officer Wyberg Brown, 50, andImmigration […]

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BNSI Seeks to Address Data Gaps

03 November 2023

By Delvardo EmmanuelJournal Staff Writer The Bahamas National Statistical Institute (BNSI) aims to address data gaps withinits system.BNSI Managing Director Nerissa Gibson provided an update on the sidelinefollowing, the opening ceremony of the Standing Committee of CaribbeanStatisticians meeting.While speaking with reporters, she identified two main categories in which theinstitution lacks information: the environmental sector and […]

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Bahamian Students Safe after Jamaica Earthquake

03 November 2023

By Delvardo EmmanuelJournal Staff Writer The Government of The Bahamas has contacted the Bahamian students who arestudying in Jamaica after a 5.4 magnitude earthquake hit the island on Monday.The earthquake had prompted people to evacuate buildings amid heavy shakings.Foreign Affairs Minister Fred Mitchell provided an update on Wednesday, justbefore the weekly parliament meeting, stating that […]

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