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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 […]

WSC UNIONS ADVISE MANAGEMENT TO TALK

01 May 2019

Despite having a strike certificate in hand, Water and Sewerage union presidents yesterday said that they are actually looking forward to a speedy resolution to the three outstanding matters behind the ongoing friction.  These include the failure of the Corporation  to adhere to the promotional procedures and two unorthodox promotional listings; WSC’s failure to post […]

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WSC UNION STRIKE CERTIFICATE SIGNED

01 May 2019

As promised, Labour Minister Dion Foulkes has signed off on strike certificates for both the line staff and managerial unions of the Water and Sewerage Corporation. This follows months of tension between union members on a number of issues.  The certificate gives the two the green light to take such action if necessary, and this […]

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Pair Charged With Fraud

30 April 2019

The Financial Crimes/ Anti-Corruption  Unit, the arm of the Police Force tasked with investigating financial crimes and corruption  took three men before the courts yesterday and charged them with a litany of fraud related crimes, including fraud by false pretense, attempted forgery and possession of forged documents.  Javaughn Miller, 28, of Opulent Drive, was charged with the bulk of the […]

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SUICIDES INCREASE IN THE BAHAMAS

30 April 2019

Suicide is becoming more prevalent in The Bahamas than ever before.  According to Keva Bethell, Director of Research and Training at the Allen Institute,  it was found that there were 96 cases over a 14 year period, from 2000 to 2013. That is a rate of 2.1, which means that about two out of 100,000 Bahamians have […]

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BUSAWU to receive strike certificate

30 April 2019

The Minister of Labour Senator Dion Foulkes  says The Bahamas Utilities Services and Allied Workers Union should be given a strike certificate by today. He said, “in respect to the managerial union, I am seeking legal advice on that matter, I hope to have it determined by tomorrow.  “I know there are some constitutional issues involved in terms of […]

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ECONOMY EXPANDING

30 April 2019

Initial statistics for the first nine-months of fiscal year 2018/201919 denoted a 51 per centimprovement on the deficit reduction compared to the previous fiscal year.  This comes  from the Ministry of Finance’s nine-month budget performance report, which explained that these figures shrunk from $261.5m in last fiscal year to $129.2m this year. The report noted that revenue increased by $218.7m, which represented a 15 per cent Year Over Yearimprovement.  Deputy Prime Minister […]

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DNA CONCERNED ABOUT GOV’T SECURITY MEASURES

30 April 2019

The Democratic National Alliance (DNA)  has expressed concerns following news of Sunday’s homicide at Government House. In a press statement, Deputy Leader Buscheme Armbrister said, “Government House is the official residence of the Head of our nation – the Governor General of the Commonwealth of The Bahamas. This historical and monumental property should enjoy the highest level of security in […]

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AG Disturbed Over Officer’s Killing

30 April 2019

Attorney General Carl Bethel yesterday expressed serious concern over the killing of Defense Force officer Phillip Perpall at Government House early Sunday morning. The Attorney General noted that it was especially shocking that the alleged assailant is a fellow RBDF officer and that the fact that the murder took place at the official residence of the head of state and as alleged between […]

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Oban Talks Continue

30 April 2019

Talks are ongoing between the government and Oban officials, according to Senator Dion Foulkes, the Minister of Labour  who also serves as head of Cabinet’s Oban Subcommittee. This following two days of meetings between the two sides last month to negotiate a new Head of Agreement.  “We are still talking with respect to the economic provisions of the Heads […]

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21-Year-Old Charged With Murder

30 April 2019

One week after he allegedly shot and killed a 34-year-old father of four girls, Chadwick Capron, of McQuay Street was charged with intentionally and unlawfully causing the death of Bryan Smith.  According to police reports, on Easter Monday, shortly after midnight, police responded to a shooting on Forster Street, Chippingham.  When police arrived on the scene, they discovered […]

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