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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 […]

Minister Confident Union Disputes Will Be Settled

07 January 2019

Last year unions in the country made their voices known, as many of them threatened industrial action and applied for strike certificates due to various pressing concerns. Currently,  both The Bahamas Nurses’ Union (BNU) and The Bahamas Union of Teachers (BUT)  are in possession  of their strike certificates. However, Minister of Labour, Dion Foulkes, said […]

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Foulkes Touts “ Labour On The Blocks” Success

07 January 2019

The government says its commitment to reducing the country’s level of unemployment has been strong. With a number of Labour on the Blocks job fairs held throughout 2018, this year will be no different. Confirming as much to The Journal,  was  Minister of Labour, Dion Foulkes, who said since the initiative, hundreds of Bahamians are […]

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MP Not Surprised With Post Office Delay

07 January 2019

The plan to relocate the General Post Office to Town Centre Mall has been delayed once again to February, according to the Minister of Transport, Renward Wells. However, the  former minister responsible for the Post Office during the recent Christie administration, Glenys Hanna-Martin,  said that this came as no surprise to her. She added that […]

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UB addresses registration woes

04 January 2019

University of  The Bahamas President Doctor  Rodney Smith along with other UB officials sought to bring some relief to the registration process that has been a source of contention for students for quite some time.  Dr. Smith said the University launched a new online registration system called Banner designed to bring efficiencies in the registration […]

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AG “Ready to Go To Court” With Gaming Bosses

04 January 2019

Following months of talks and negotiations, Attorney General Carl Bethel told  that the talks between the government and gaming operators are at a delicate state. “Let me say it this way, I don’t like to talk about matters that are presently active, but I will say this: we are ready to go to court at […]

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WSC Opens Office In San Salvador

04 January 2019

The Water and Sewerage Corporation  is on the move throughout the family islands with the latest commissioning of a WSC office in Cockburn Town, San Salvador. The project was funded by the Caribbean Development Bank, through a Water Supply Improvement Project.  Chairman of the Corporation Adrian Gibson says the $1.7 million project in San Salvador […]

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New Policy For Financial Sector Reform

04 January 2019

The government is gearing up to fully meet the requirements of the European Union (EU). Deputy Prime Minister and Minister of Finance, Peter Turnquest, announced yesterday the Minnis administration’s efforts to reform and  enhance the financial services sector. One such adjustment calls for  all financial institutions will now be permitted to offer services to both […]

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Smoke sends Bahamasair workers packing

04 January 2019

Bahamasair, the national flag carrier is  advising the public of a smoke related incident which took place at its Coral Harbour Road head office  yesterday morning.  In a statement, the airline  said staff initially complaining of a strong smoke scent, prompted the immediate evacuation of the building. Police fire services were contacted  and responded immediately. […]

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U S Citizens Fail To Declare

04 January 2019

Two Americans, a man and a woman attempting  to leave the country, with a large sum of cash  were arrested at the Lynden Pindling International Airport on Wednesday.  The U.S citizens were taken into custody by authorities for failing to declare a large sum of U.S currency.  According to police reports, shortly after 4:00pm, the […]

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First Murder Of 2019

03 January 2019

The first day of the year 2019 also recorded the country’s first homicide after a young man was gunned down on Market Street and later succumbed to his injuries in hospital.  Chief Superintendent of Police Solomon Cash said the police are actively investigating the incident and questioning two persons of interest.  Although the victim was […]

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