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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 […]

DAVIS: DAMES AND SANDS MUST RESIGN

04 February 2019

The leader of the official Opposition, Philip Davis has renewed his call for  Health Minister Dr. Duane Sands and National Security Minister  to resign for misconduct. This comes on the heels of the decision made by Chief Magistrate Joyanne Ferguson Pratt in the   Frank  Smith extortion case. Mr. Davis added that the behavior of […]

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Frank Smith Acquitted

04 February 2019

Former Public Hospitals Authority Chairman, Frank Smith has been acquitted and all charges against him have been dropped. Chief Magistrate Joyanne Ferguson- Pratt in her analysis of the evidence presented in the 14-month long trial said “ there was not a scintilla of evidence to prove that there was a meeting between Frank Smith and […]

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DNA CONDEMNS CABINET MINISTERS IN SMITH CASE

04 February 2019

The Democratic National Alliance’s (DNA) Spokesperson for Good Governance Geoffrey Deleveaux yesterday condemned the conduct of both Health Minister Dr. Duane Sands and National Security Minister Marvin Dames in former PLP Senator Frank Smith’s extortion case. He said, “The DNA had followed this matter since inception, but reserved comment on the same due to the […]

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Cold Snaps May Be Good For Tourism

04 February 2019

Bone chilling temperatures tearing through Midwestern United States, parts of Canada, and other parts of the world, could very well lead to a spike in tourism numbers for warm weather destinations like The Bahamas. Tourism Minister, Dionisio D’Aguilar, said he sure hopes so.  “I think that the incredible cold that they’re experiencing in the mid-west […]

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Tragedy At Sea

04 February 2019

Twenty-eight fatalities caused by a sunken Haitian vessel on Saturday, prompted an air and sea search by joint Law Enforcement Agencies in Abaco after several bodies were recovered from waters in Marsh Harbour, in the early morning hours. Local residents, on Saturday morning, shortly after 8, discovered the bodies in waters near Man O War […]

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VSEPS on the way for GB resort line staff

04 February 2019

The process for those voluntary separation  packages (VSEPs) for line staff employees of The Grand Lucayan Resort is complete and now it’s time to move on to management, Tourism Minister Dionisio D’Aguilar, confirmed. “Preparing the final payments, going over the final numbers,” he said. “The union is well aware of what we’re doing, I don’t […]

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Three Murdered, Two Shot In Crime Spree

04 February 2019

Three men were murdered hours a part, in separate incidents, and now police are searching for the culprits of these homicides. The men were gunned down between Friday night and Saturday morning in New Providence. According to police reports, shortly before 11:00pm, Friday, a male was standing outside a bar on Miami Street, off Cordeaux […]

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BIA Questions WTO accession

01 February 2019

The Bahamas Insurance Association believes that the accession to the World Trade Organization should not put domestic insurers at a disadvantage when compared to their foreign counterparts.  Association Chairman Warren Rolle  said that the BIA does however support  the underlying principles of a free market economy. “Currently general insurance intermediaries are required to be 60 […]

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CORRECTIONS DEPT TO BE TRANSFORMED

01 February 2019

The Bahamas Department of Corrections is  at a point of transformation, according to National Security Minister Marvin Dames.  Yesterday while addressing senior management in the first of a series of similar exercises,  the minister said for far too long prison officers have been known as the “stepchildren of law enforcement,” vowing that the department’s concerns […]

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Senators debate service lots resolution

01 February 2019

The resolution seeking approval for the conveyance of 1.267 acres in the Fox Hill Community was the focus of a debate in the Senate  yesterday. The property, which sits on Romer and Armbrister Streets, is to be divided into 10 service lots to be sold to first time homeowners. The price tag is pegged at […]

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