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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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Fiscal Strategy To Bring Order

07 February 2019

The Deputy Prime Minister and Minister of Finance, Peter Turnquest has announced a strategy to put check and balances  in the fiscal affairs of the country.  Leading the debate for a resolution to accept the 2018 Fiscal Strategy Report – a public document that guides the creation of the annual budget  in the House of […]

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Ministry addressing school concerns

07 February 2019

The  Ministry of Education  is  revamping the physical plant of the many schools throughout the country. This  comes on the heels of efforts to address another mold situation – this time at CW Sawyer  Primary School. “We have been working  assiduously   to address that,” says  Mr. Donovan Turnquest, the Deputy Permanent Secretary who is […]

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DPM Turnquest

New program for entrepreneurs

07 February 2019

Owners of micro, small and medium sized business now have millions of dollars in financial backing to pump into their companies. It was annoouced  during the last budget debate that  the government allocated $5.5 million for the cause, with the small business development backing it up with another $3.5 million for a total $9 million. […]

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MAN DIES IN POLICE SHOOTING

07 February 2019

A police involved shooting yesterday claimed the life of one man off of Joe Farrington Road.  According to Assistant Commissioner of Police  Solomon Cash, sometime after 1:25 pm police launched a man hunt operation in the area to locate a wanted suspect.  The suspect was said to be wanted by the police force for  a […]

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CONFLICTING MESSAGES ON VENEZUELA

07 February 2019

The   policy of  the Bahamas on the crisis in Venezuela is unclear to many, as  Prime Minister Dr. Hubert Minnis  has sent a letter confirming  that the Bahamas will not interfere in the internal affairs of another country. However, recently the Bahamas  voted in a meeting of the Organization of American States to support […]

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Haitian Shipwreck Death Toll Rises

07 February 2019

The Haitian Government and Haitian Pastors League anticipate that the 29 Haitians who lost their lives in a tragic boating accident last weekend will be buried by this weekend.  The death toll has risen to 29 after another two bodies were retrieved from waters in Abaco on Tuesday.  Officials from the Royal Bahamas Defence Force […]

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Damian Gomez

Gomez Calls For Commission of Inquiry Into Police Practices

06 February 2019

Queen’s Counsel, Damian Gomez is calling for a Commission of Inquiry  into Police practices  in the aftermath of the bribery and extortion case of former Member of Parliament Frank Smith.   Mr. Gomez, a key player on Smith’s defense team, holds firm that not only was there misconduct on the part of the police and […]

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PM: Proposed Carnival Cruise Port significant for GB economic recovery

06 February 2019

The proposed cruise ship mega port for Grand Bahama represents significant opportunities for the island’s economic recovery, said Prime Minister the Most Hon. Dr. Hubert Minnis as he addressed hundreds at the Carnival Cruise ‘Grand Port – The Road to 2021’ Information Meeting, at Foster B. Pestaina Centre, February 4, 2019. “The economic revival of […]

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Magistrate Laments Environmental Penalties

06 February 2019

Chief Magistrate Joyanne Ferguson-Pratt lamented  the current fines in place for environmental infractions after one woman was fined a little over $3,000 on three charges of unsanitary conditions relating to a property she owns and rents.  Yesterday court proceedings was the first for Environmental Health for several years, and arraigned 10 persons for various infractions.  […]

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Junkanoo to showcase at New Orleans Jazz Fest

06 February 2019

The Bahamas is “taking Bay Street on Junkanoo morning to New Orleans,” this all thanks to its invitation to once again participate in the 50th anniversary of the world’s largest music festival – the New Orleans Jazz and Heritage Festival. “The Bahamas Ministry of Tourism is capitalizing on a singular opportunity to showcase on a […]

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