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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 […]

UNIONS WAIT FOR STRIKE CERTIFICATE

29 April 2019

The bickering between Water and Sewage Corporation Corporation and two unions continues,  with  Union leaders  promising that if they are not granted a strike certificate, they will take the matter to court. This following a strike vote last week that the Unions  claim was in their favour.  This is disputed by the Corporation’s  management. To date,  the Unions arewithout necessary paper work to take such industrial action if […]

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CLIFTON HERITAGE NATIONAL PARK ESTABLISHES A LUCAYAN VILLAGE

29 April 2019

A Lucayan Village  was established  at the Clifton Heritage National  Park last Friday in a ground breaking ceremony.  A Billboard depicting the simple life of Lucayans was also unveiled. The Clifton Heritage Authority Board, along with the wife of the Prime Minister and the Minister of Youth, Sports and Culture, were present at ceremony which marked the first in a […]

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BAHAMAS INSURANCE ASSOCIATION HONOURS ORRY J. SANDS

29 April 2019

The Bahamas Insurance Association recently named Orry J. Sands as its 2019 Lifetime Achievement Award Honouree for the Property and Casual Sector. “Orry J. Sands is the Managing Partner of Orry J. Sands and Company Limited, a Bahamian general insurance agency for over 35 years.  She has been in the insurance industry for over fifty years and […]

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No Changes To Labour Day Parade

29 April 2019

Participants can expect no major changes to this year’s Labour Day Parade despite the promises made following last year’s tragedy that claimed the lives of four women. Trade Union Congress General Secretary Tyrone ‘Rock’ Morris assured that the issue of safety and use of vehicles have been addressed. “We do not believe that the accident was […]

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PLP Calls For Answers

29 April 2019

The Progressive Liberal Party  offered its condolences to the family of Petty Officer Philip Perpall, the marine fatally shot this morning on the grounds of Government House.The leader of the PLP. Philip Davis said, “The Prime Minister must publicly state that this fatal shooting is not an attack on the state that exposes safety and security weaknesses at […]

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DPM DEFENDS IMMIGRATION BILL

29 April 2019

Deputy Prime Minister and Minister of Finance Peter Turnquest this past Friday labelled claims that the recently passed Immigration Bill 2019 allows for free movement of labour as “erroneous and mischievous”.  This followed Bahamas Bar Association President Khalil Parker describing a significant point of the billas destructive and a move against the country’s best interest. Mr. Parker added that the reforms could potentially […]

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HOMICIDE AT GOV’T HOUSE

29 April 2019

Royal Bahamas Defense Force (RBDF) officers are coping with what Commodore Tellis Bethel yesterday described as a “real blow” following the murder of one of its very own on Government House grounds.  The victim was identified as Petty Officer Phillip Perpall, who served on the force for 30 years.  According to Police Commissioner Anthony Ferguson, police officers received […]

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NEW PROGRAM TO INCREASE BAHAMIAN OWNERSHIP OF GOV’T ASSETS

29 April 2019

Prime Minister Dr. Hubert Minnis announced a new public-private program this past Friday geared towards increasing Bahamian ownership of government assets.  He added that the plan is to curb the amount of complaints surrounding government buildings maintenance issues.  He said, “I would like to at this time to personally thank Mr. Greg Cleare, who is leading the government in a […]

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Business Owners Warned Over NIB

24 April 2019

Delinquent business owners are forewarned that  the government is  cracking down on those  who deduct National Insurance contributions from employees, but yet fail to actually pass that money along to NIB.  “It is perhaps bordering on criminal if I take your money from you to make a contribution to the social security network and you get sick,  then suddenly […]

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Hotel Union Issues Unresolved

24 April 2019

Issues faced by hotel workers are still being negotiated, according to Bahamas Hotel Catering and Allied Workers Union (BHCAWU) President, Darren Woods.  Giving an update, Mr. Woods said that the Union and the Atlantis Resort are negotiating through the Department of Labour on the issue of the 12-point disciplinary system and a new housekeeping system […]

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