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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 […]

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No Movement with Grand Lucayan VSEPs

10 April 2019

Tourism Minister Dionisio D’Aguilar is inviting the Bahamas Hotel Managerial Union to call him after having no luck reaching its executives for the past seven to eight days. This all stemmed from ongoing negotiations between managers of the Grand Lucayan Resort and the government over voluntary separation packages. Minister D’Aguilar called the entire situation alarming,  […]

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New Post Office Delayed Until May

10 April 2019

The deadline for the relocation of the General Post Office has again been pushed back to the third week in May. Minister responsible, Renward Wells said at this point,  construction at the new Town Centre Mall location is 99 per cent complete. “The executive offices are done, the Post Office boxes are done, the warehouse […]

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PILOT CONVICTED ON FAILURE TO DECLARE $10,000.00

09 April 2019

Twenty-five year old Stephen Hanna of Hopkins Drive, Coral Harbour  pleaded guilty  before Deputy Chief Justice Subulsola Swain in Magistrate Court  yesterday on charges of failure to declare over $10,000.00 to a  Customs Officer.  It is alleged that between Thursday, January 31, 2019 and Friday, February 1, 2019, during the course of travel from Haiti […]

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JOHNSON: “AUDITOR DROPPED THE BALL”

09 April 2019

Former  Minister of Youth, Sports and Culture  Doctor Daniel  Johnson yesterday said that the Auditor General of The Bahamas dropped the ball  in auditing the affairs  of the National Sports Authority. A report  released recently showed a number of discrepancies  in the accounting of the affairs of the Authority. Mr. Johnson, appearing on the Radio […]

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PROGRESS IN TALKS BETWEEN WSC BOARD AND UNIONS

09 April 2019

Some progress was made yesterday  in mediation talks between the  two Unions and the  management of the Water and Sewerage Corporation. Former President of the Bahamas Christian Council Reverend Ranford Patterson along with Labour Director John Pinder and his assistant director  served as mediators. The Bahamas Utilities Services and Allied Workers Union (BUSAWU) and the […]

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PM Maintains UB Tuition Will Be Free

09 April 2019

Prime Minister Dr. Hubert Ingraham has assured  that tuition at the University of the Bahamas will be free to qualifying students come this fall.  The Prime Minister added that the commitment to assist UB’s Family Island students still stands. He made the comments yesterday responding  to concerns stemming from the pending increase in tuition and […]

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NIB Payout Challenges

09 April 2019

Complaints about long wait time for payouts from the National Insurance Board (NIB), have been acknowledged by National Insurance Minister, Brensil Rolle, who told reporters yesterday that there are ongoing issues at the National Insurance agency.  Speaking with the media, on the sidelines, following a signing between the government and the Inter-America Development bank, Mr. […]

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Gov’t Signs $30 Million IDB Loan

09 April 2019

The government has  secured the funding needed to advance two major  projects. A $30 million loan agreement has been  signed with the Inter-American Development Bank  for digital transformation and natural disasters. The Minnis administration  is seeking  to strengthen its competitiveness by modernizing and digitalizing the public services. According to Prime Minister Dr. Hubert Minnis, the […]

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Rotary Club Commissions New School Library

09 April 2019

The Rotary Club of Nassau (RCN) continuing with its partnership with the Stephen Dillet Primary School, commissioned a new library on the school’s campus yesterday.  President of the Nassau Club, Charlene Sealy said  the Rotary Club has had a long community relationship with the school as they have assisted over the years with providing assistance […]

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Minister Commends Police In Abductions Probe

09 April 2019

National Security Minister Marvin Dames yesterday  commended the Royal Bahamas Police Force for the arrest of those believed to be responsible for the abductions. “This is a clear example of where we’re trying to take the Royal Bahamas Police Force  and all of our law enforcement agencies. We have the confidence in the men and […]

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