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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 […]

HALKITIS: GOV’T HANDCUFFED

18 March 2019

Former Minister of State for Finance Michael Halkitis yesterday said that he thought it was ill-advised for the government to “handcuff themselves” to balancing the budget within three years.  The Minnis-Administration has been deliberate  about curbing spending in an effort to  reduce the fiscal deficit.  Mr. Halkitis said, “If you come in and say that […]

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US REPORT HIGHLIGHTS HAITIAN MIGRANT DISCRIMINATION

15 March 2019

The 2018 human rights report issued on Wednesday renewed concerns of stateless individuals in the country, particularly in the case of a teen born in The Bahamas to a Bahamian mother of Haitian descent. According to the report, the government did not effectively implement laws and policies to provide certain “habitual residents” the opportunity to […]

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PM Tells Doctors: Combat Non Communicable Diseases

15 March 2019

Prime Minister Dr. Hubert Minnis says, “we must do more to combat  Non Communicable Diseases which rob us of general health and too many lives.” Whether they are in  the form of diabetes or hypertension, heart or kidney disease, chronic and non communicable illnesses are prevalent in The Bahamas, begging the need then for ongoing attention […]

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LACK OF CAMPAIGN FINANCE LAWS LEADS TO CORRUPTION

15 March 2019

The Bahamas is opening the door to corruption through its largely unregulated campaign finance system,  offering few safeguards against “quid pro quo” donations, according to the United States’ 2018 Human Rights Report released this past Wednesday. According to the report, the procurement process was particularly susceptible to corruption, as it is opaque, containing no requirement […]

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Wilchcombe Disagrees With Wharf Redevelopment Concept

15 March 2019

Adopting a view held by his party, former Tourism Minister Obie Wilchombe does not agree with the government’s plans for the Prince George Wharf.   It was recently announced that UK-based Global Ports Holding had won the multi-million dollar bid to redevelop and manage the Wharf.   However, Mr. Wilchcombe is advising the government to […]

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PMH Gifted With 25 New Beds

15 March 2019

The Princess Margaret Hospital  yesterday  was gifted with 25 beds courtesy of the PMH foundation, whose mission is to actually strengthen the hospital’s ability to provide high quality healthcare.   The  Hospital is faced with a 200- bed shortage.   Public Hospitals Authority Deputy Managing Director Lyrone Burrows said the donation comes  on the heels […]

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Data Security For Consumers

13 March 2019

As the world becomes more digital, there is a greater concern for protection of personal data when it comes to the use of smart products. Keeping personal information like addresses, National Insurance numbers and bank information from hackers, is becoming a growing concern for consumers in the digital world. For this reason, the Ministry of […]

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Chamber To Host 5th Energy Forum 

13 March 2019

The Bahamas Chamber of Commerce and Employers Confederation (BCCEC) is gearing up to host its fifth Bahamas Energy Security Forum. The Forum serves as a platform to discuss and exchange ideas, policies and initiatives that are intended to improve the state of energy in the country as well as its impact on the environment. BCCEC […]

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The Opposition demands answers on Grand Lucayan

13 March 2019

Opposition Deputy Leader Chester Cooper said the government’s handling of the Grand Lucayan sale and the myriad of issues involved would be laughable if the stakes are  not so high. His comments come just one day after the managers of Bahamas Hotel Managerial Association went to court because they were not pleased with the payout […]

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Bishop Supports Capital Punishment

13 March 2019

Very few issues have divided a nation as much as talk of the death penalty even within The Bahamas Christian Council, there are strong held views on both sides of the divide. The controversial death penalty has a proponent but, for Christian Council President Bishop Delton Fernander, it’s not just about throwing support behind the […]

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