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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 […]

Morton Salt Workers To Stage Strike Vote

16 November 2018

The Bahamas Industrial Manufacturers and Allied Workers Union (BIM&AWU) is planning to stage a strike vote, according to the Union’s President, Jennifer Brown. Ten months ago, executives of BIM and AWU  met with Morton Salt Limited to negotiate a new industrial agreement. That agreement expired February of this year. Since then, the parties have exchanged […]

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BPL consumers outraged

16 November 2018

The soaring cost of electricity has many Bahamas Power and Light (BPL) customers outraged.  The  angst and frustration of many of the callers into Love 97’s daily talk show “Issues of the Day” yesterday  came from around the Bahamas.  “We’ve been having 50-year-old problems in this country. The Bahamian people have been saddled with this […]

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“CURB POWER COST” – -Says BPL Union leader

15 November 2018

The spike in Bahamas Power and Light (BPL) electricity prices has left quite a number of Bahamians in a bind, and the President of the Bahamas Electrical Workers Union yesterday urged the government and the company to take action.  The electricity company has gone on record saying that this 22 per cent increase is due […]

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Gaming Operators And Gov’t At Impasse

15 November 2018

The Attorney General’s office and gaming house operators are  at an impasse in a legal dispute over taxes.    Attorney General, Carl Bethel, who spoke to reporters before a Cabinet  meeting on Tuesday said, “we are in discussions with the attorneys for the Gaming house operators. We don’t accept their interpretation of the law, we […]

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BCPOU FILES TRADE DISPUTE AGAINST BTC

15 November 2018

The Bahamas Communications and Public Officers Union (BCPOU) yesterday filed an industrial trade dispute with the Department of Labour against the Bahamas Telecommunications Company Limited (BTC) as the company continues  downsizing.  In a  press  release issued last night, The BCPOU noted that BTC has failed to bargain in good faith and to  renew the Industrial […]

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PLP leader hears vendors concerns

15 November 2018

Calling it a “fact finding mission,” Opposition Leader Philip Davis, yesterday visited the Downtown Straw Market to speak to vendors about their various concerns. Some of  the issues  include  being without light for over a year, and the seizing and dumping of items from stalls of delinquent stall owners. Mr. Davis argued that the “backbone” […]

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Gov’t To Revamp Immigration Policies

15 November 2018

Discussions on the framework and regulatory procedures to encourage and support crypto currency assets and related instruments will be a key talking point at the Grand Bahama Technology Summit, as Prime Minister Dr. Hubert Minnis says steps must be taken to position the country as a technology centre of the region. While presenting the keynote […]

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Pilot’s Family Disputes Minister’s Claim

14 November 2018

The family of missing pilot, Byron Ferguson contends that he did file a flight plan, despite conflicting reports that he did not.  Still hoping and while still carrying on searches of their own, young Ferguson’s brother, Bjorn Ferguson said his brother who has at least 20-years of experience flying did file a flight plan, something […]

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Why Motivate Employees

14 November 2018

The Clifton Review    The Clifton Review is a tri-weekly column that examines the question of the Clifton project along with the evolution of the war between two billionaires. We covered the start of this war with articles describing the battle over easement rights, the mysterious burning of a home, the blocks to rebuilding, and countless questionable court […]

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Visa Fraud Allegations Investigated By Police

14 November 2018

Attorney General Carl Bethel says that his office will carry out due administration of law  in The Bahamas in regard to recent information surfacing surrounding alleged visa fraud in the Department of Immigration. Speaking with reporters just before the weekly Cabinet meeting, Mr. Bethel said that when he learned of the allegations, he instructed that […]

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