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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 […]

Proposed Cruise Port Redevelopment Celebrated

02 April 2019

Bahamas Chamber of Commerce Chairman, Michael Maura, sees the impending expansion of the Nassau Cruise Port as an opportunity to expand the Bahamas’ economy, particularly Nassau. As he puts it- one of the underlining components of  the port development project in itself must be what economic value will it have to The Bahamas. “What we […]

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RFP issued to manage airspace

01 April 2019

An  Request For Proposal (RFP)  has been issued by the  government  for a company to assist in monitoring the country’s airspace.   As Tourism Minister Dionisio D’Aguilar puts it – “The Bahamas has no institutional knowledge of how to do so.”   “The RFP closes at the end of this month and then we will […]

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MINISTER SAYS “ REDUCE DEMAND FOR GUN”

01 April 2019

Before the law can be amendedto significantly increase the penalty for illegal gun possession, the country has to first tackle the demand for such weapons; National Security Marvin Dames told reporters last Thursday.   The Minister was responding to a group of five local bishops, calling him to “lead the war on guns by leading […]

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PROSECUTORS TO APPEAL DECISION IN MONEY LAUNDERING CASE

01 April 2019

The Office of the Director of Public Prosecutions has  indicated that the Crown in the Michelle Reckley  fraud case has filed an appeal of the presiding Magistrate’s decision based on, an erroneous application of the law. The statement from that office  noted that the Prosecutors are also requesting that The Court of Appeal hear the […]

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BEWU PRESIDENT AWAITS PM’S RESPONSE ON PLANT

01 April 2019

Bahamas Electrical Workers Union President Paul Maynard yesterday told The Journal that he is still awaiting the Prime Minister’s response to a letter he sent outlining the union’s concerns over Bahamas Power and Light’s (BPL) deal with Finland-based power generation company Wartsila.   The company is set to build a new 132 megawatt power plant […]

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A REFLECTION ON THE 65TH YEAR OF THE PLP

01 April 2019

The following are remarks by  the Hon. George A. Smith at the 65thanniversary celebration of the Progressive Liberal Party at the Dundas Centre For The Performing Arts Mackey Street last Friday: “Anniversaries are a wonderful thing. Everyone and everything that ever was has had anniversaries. Some of these things have been very good and some have […]

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BPL COO RESIGNS OUT OF FRUSTRATION

01 April 2019

Bahamas Power and Light (BPL) yesterday confirmed  that their Chief Operating Officer (COO) Christina Alston has resigned  with immediate effect.   The company remained extremely tight-lipped about the reason behind the former COO’s resignation, but sources close to Ms. Alston said she became frustrated in the position.  The former Grand Bahama Power executive was first […]

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BAHAMAS DELEGATION TO ATTEND MEETING ON WTO ACCESSION

01 April 2019

The government yesterday announced that a delegation will be  attending the 4th Meeting Of The Working Party on The Bahamas’ accession to the World Trade Organization (WTO) this coming Friday in Geneva, Switzerland. In a release, it indicated that the delegation will be led by the by Financial Services Minister Brent Symonette, accompanied by Mr. […]

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Shot Spotter Testing Completed

29 March 2019

The much anticipated Shot Spotter Technology has been through testing and is ready to go live.   This comes  after the government signed a contract with Shot  Spotter for gunshot detection in January  this year.   Chief Superintendent Zhivago Dames gave a breakdown of how the system works.   He said,“once a signal is received […]

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WSC UNION SUSPECTS PHONE TAPPING

29 March 2019

The Water and Sewage Management Union yesterday requested the police to sweep Water and Sewage Corporation offices for illegal listening devices.   This came from union president Ednel Rolle, who in a release, said that the union wants the firm to sweep offices on the islands of Abaco, Eleuthera, and the capital due to complaints […]

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