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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 […]

Still no word on the cause of BPL’s fire

07 March 2019

Six months after BPL’s Clifton Pier fire, there is  still no word on what led to the blaze that destroyed one of the company’s engines.  BPL Chief Executive Officer  Whitney Heastie on Monday said the board could not give an update as the government had initiated its own investigation. Mr. Heastie also at the time […]

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Gov’t Introduces Investment Fund Bill

07 March 2019

An overhaul of the Investment Funds industry brings changes to its outdated regulatory framework; which if  left untouched,  poses a risk to the country’s reputation as a leading financial services sector. Moving for  Investment Fund  Bill 2019  in the House of Assembly yesterday, Deputy Prime Minister and Minister of Finance Peter Turnquest said the more […]

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Works Minister Allays Fears Of Union

07 March 2019

Works Minister Desmond Bannister  has allayed the fears  of  Bahamas Electrical Workers Union  that once Wartsila comes in to manage the new BPL  plants that Bahamian workers will be left behind. Minister Bannister said he does not know if that is true. He said, “we have to be able to put that in place and […]

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Dames Police Victimization

07 March 2019

National Security Minister Marvin Dames  has disputed the Opposition’s claim that a senior police officer is being victimisized. Progressive Liberal Party Leader Philip Davis yesterday charged that a letter from The Office of The Prime Minister has instructed Assistant Commissioner of Police Clarence Reckley to take vacation, after which retirement. In addition to  Reckley, Deputy […]

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DNA CHAIRMAN WANTS ACTION ON FBI PROBE

07 March 2019

The Democratic National Alliance’s (DNA) newly appointed Chairman Omar Smith yesterday urged the government to remove a “blemish” from an FBI probe into potential bribery and corruption with the Bahamas Department of Immigration.  In a release issued yesterday, Mr. Smith said that Deputy Prime Minister and Minister of Finance Peter Turnquest expressed shock after the […]

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Congress Provides Hope for Death Penalty Abolition

07 March 2019

BRUSSELS, BELGIUM – The global call to end the death penalty was made as the 7th World Congress Against the Death Penalty opened its conference in Brussels, Belgium last Wednesday, with hopes of moving closer to the universal abolition of the death penalty. In his address at the opening ceremony, Together Against the Death Penalty […]

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Englerston MP concerned about police lag

06 March 2019

The Opposition’s spokesman on National Security Glenys Hanna-Martin has  expressed concern over the police’s apparent lag in the reporting of apparent kidnappings. This  follows the case reported this past Sunday where  a male abducted a child from a home on Wilton Street. The child was found by a passerby a short time later walking in […]

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SENIOR POLICEMAN FIRED

06 March 2019

The Opposition Progressive Liberal Party  is claiming that a senior Police Officer has been victimized by the government.  Senior Assistant Commissioner of Police Clarence Reckley  has  been  instructed to take vacation following which,  early retirement. According to Opposition Leader, Philip Davis, the instructions were sent from The Office of The Prime Minister. He said, “I […]

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Bahamas looking to eradicate HIV

06 March 2019

News that HIV has been deemed undetectable in a London patient following a stem cell transplant is landmark – after all, it is  only the second such case.  However as Health Minister Dr. Duane Sands  said  to reporters outside Cabinet yesterday, it  is certainly not ready for what he called “ primetime.” “It’s certainly not […]

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Death Penalty Project Targets Bahamas

06 March 2019

BRUSSELS, BELGIUM – The World Coalition Against The Death Penalty has embarked on a regional death penalty reform project in the Eastern Caribbean and plans to seek the involvement of The Bahamas.  The project is in partnership with organizations such as the Death Penalty Project, Greater Caribbean for Life and the World Coalition. The project […]

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