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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 […]

PHA AND CPSA REACH AGREEMENT

20 December 2018

The Public Hospitals Authority (PHA) joined with the Consultant Physicians Staff Association (CPSA) to announce that both parties have agreed in principle to all aspects of the proposed industrial agreement.  The process to complete negotiations with respect to the agreement was completed this past Friday. In a release, all parties said that they are satisfied […]

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Local Organizations To Protest WTO

20 December 2018

A group of  local organizations and activists are coming together to protest against The Bahamas’ 2019 accession to the World Trade Organization (WTO), while calling on the government to put forth a referendum on the issue.  The group calling themselves Bahamians Against WTO, said they will fight the government tooth and nail.  During a press […]

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Police Arrest Five In GB

20 December 2018

Five drug suspects were taken into custody in Grand Bahama in separate incidents for possession of dangerous drugs and a large amount of currency.  Officers of the Drug Enforcement Unit were on mobile patrol in Grand Bahama on Tuesday, shortly before 8pm, when they spotted and stopped a silver Chrysler Town and Country van with […]

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Three More Homicides

19 December 2018

The homicide count increases by another three following a double shooting  Monday night  in the capital and another brazen slaying in Grand Bahama early yesterday  morning. Details from the latter indicate that a man had been shot and killed after 10:00 a.m at a home on Inagua Avenue, off Coral Road in Freeport. This homicide […]

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Minister:“PHA Made Generous Offer To Junior Doctors”

19 December 2018

Despite junior doctors at the Princess Margaret Hospital (PMH) voting to strike, Health Minister Dr. Duane Sands said that the Public Hospitals Authority has offered compensation that will go as far back as six years. The minister revealed as much to the media just one day after the vote by more than 200 junior doctors. […]

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3,000 Students Receive Bowl Tickets

19 December 2018

Makers Wanted Bahamas Bowl (MWBB) executives on Friday donated 3,000 bowl tickets to students in New Providence. This move was in an effort to introduce Bahamian students to the game of American football. Partnering in this venture are the Interscholastic American Football Association and Complete Sports Management. Friday’s presentation took place at the office of […]

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Inroads To Alleviate Dominican Poaching

19 December 2018

Foreign Affairs Minister, Darren Henfield  says  talks between the Dominican government and The Bahamas government  are  going extremely well despite fourteen Dominican poachers being apprehended within the past seven days.  Speaking with reporters before the weekly Cabinet meeting, Mr. Henfield said the next step between the two governments is to sign a memorandum of understanding. […]

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Bishop Hall calls on gov’t to keep CLICO promise

19 December 2018

Leading Baptist Bishop Simeon Hall is not letting up – not when it comes to CLICO policyholders.   Bishop Hall was one of the thousands affected by the company’s collapse several years  ago. In his latest push to have policyholders compensated for their loss, Bishop Hall is calling on the government to keep its promise to […]

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Gov’t arrests credit downgrades

19 December 2018

The Ministry of Finance  says the latest credit rating for The Bahamas by S&P Global Rating acknowledges the tremendous progress made the Government to halt the recent rise in the deficit and slow the pace of debt increase. In its most recent report, The Bahamas maintained its BB+/Stable/B Rating, demonstrating yet again that the administration has […]

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Hope Town Music Festival Raises over $170,000 for Local Charities

19 December 2018

Friends of the Environment, Every Child Counts and the Hope Town Volunteer Fire Department will collectively receive over $170,000 to split evenly, thanks to the proceeds raised from the Combustion Hope Town Music Festival, held this past weekend in Hope Town. This figure exceeds last year’s intake which was $150,000. Chris Farren, Founder and President […]

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