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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 […]

IMF Praises Govt’s Efforts

11 December 2018

A weeklong visit to The Bahamas ended  with the International Monetary Fund (IMF) giving a positive assessment of the local economy. Having discussed the country’s outlooks and risks, financial developments and sectors, the IMF team concluded that the Bahamian economy continues to recover, with real GDP growth projected to reach 2.3 percent in 2018 and […]

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PLP Senator Says “ Gov’t Not Thinking Of Bahamians”

11 December 2018

Opposition Senator Jobeth Coleby-Davis says the compendium of  financial bills  of  the government were not drafted in the best interest of the country.  Making her contribution on the  bills in the Senate  yesterday, she  submitted  that the governing Free National Movement is not thinking of the Bahamian, but is instead an outright compliance to  requests […]

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Minister Refutes Former MP Claims

11 December 2018

The Minister of Works, Desmond Bannister yesterday called  a statement  made in a voice note circulated in social media  by former PLP Member of Parliament, Mr. V. Alfred Gray,  “untrue and entirely without foundation.” In a  statement to the media yesterday, the Minister said, “in his very irresponsible statement, Mr. Gray alleges that the Government […]

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Zoe Lady Maynard passes

11 December 2018

The Maynard family is mourning the death of their matriarch, Zoe Lady Maynard. Lady Maynard died yesterday morning at the age of 92. In a statement, her children – Dr. Peter Maynard, Allyson Maynard-Gibson, David and Clement T. Maynard III – said they were fortunate to have wonderful parents, who loved the lord, treasured family […]

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e-allen

Pastor Ed Allen Dies

10 December 2018

The Christian community in the Bahamas is  mourning the  death of the Founding Pastopr of Abundant L:ife Church, Pastor Ed Allen. The  89-year old  religious leader over the years built a  reputation  as an outstanding  Evangelist and Pastor of the Bretheren denomination in the Bahamas. A statement from the Progressive Liberal Party said  “the party […]

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Minister Defends Procedures Over Landfill

10 December 2018

Minister of Environment Romauld Ferreira has  refuted claims that the procedure into acquiring new management for the New Providence landfill was not as transparent as it ought to be.   Mr. Ferreria told reporters that some items within the contractual agreement between the government and the landfill’s new management are commercially sensitive,  but that in […]

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MOE ADDRESSING TEACHERS’ CONCERNS

10 December 2018

The Ministry of Education is in the process of addressing concerns put forth by the Bahamas Union of Teachers (BUT), according to Education Minister Jeffrey Lloyd yesterday.  Mr. Lloyd said that the teachers play an important role in their system, which simply would not work without them.  The minister added that his ministry is minded […]

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OCEAN CLUB LOOKING TO HIRE 100

10 December 2018

The  Department of  Labour  is looking to hire some 100 individuals in collaboration with Ocean Club,  Director of Labour  John Pinder said  at this past weekend at  The  Labour On The Blocks Job Fair  on Rosetta Street.  He said, “there’s a new cruise line that will be coming here next year sometime. They want to […]

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Peter Turnquest

Compendium of Bills To Avoid Blacklisting

06 December 2018

The government is  hoping to get consensus on a compendium of bills essentially aimed at ensuring The Bahamas is not again blacklisted. Such a  decision  could very well result in an undermining of the country’s competitiveness and growth development, causing serious damage to its reputation. Leading off the debate in the House of Assembly yesterday […]

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SENIOR DOCTORS AND PHA MAKING PROGRESS

06 December 2018

A ray of hope  came  out the Consultant’s Physicians Staff Association’s (CPSA) meeting with the Financial Secretary and members of the Public Hospitals Authority (Public Hospitals Authority) yesterday.  According to the union secretary, Dr. Sabriquet Pinder-Butler, some progress was made regarding negotiations. She said, “at this particular point, we would’ve looked at various things in […]

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