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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 […]

WTO Ascension To Boost Economy, Says Laing

02 November 2018

In an effort to bring clarity on the benefit of the Bahamas joining the World Trade Organization, Chief Negotiator for The Bahamas’ Ascension to the WTO, Zhivargo Laing  is disputing   claims that with the WTO will also come  the free movement of people. He said joining WTO will boost the economy, thus  making  the […]

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How A Company Can Lose Money

31 October 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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Murder On Okra Hill

31 October 2018

The fourth homicide in less than a week took place in Okra Hill yesterday leaving a  man is dead, a woman injured and the alleged culprit behind the crime is in police custody. Police said they got a call from a distressed woman after 8:00am claiming that several hours earlier a man attacked her and […]

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OPPOSITION RESPONSE CALLED “ABSURD”

31 October 2018

The  Deputy Prime Minister and Minister of Finance says, “it  is indeed sad but revealing that the Official Opposition Spokesman on Finance, Chester Cooper  chose not to join the chorus of Bahamians from across the political divide who today commended the government for its historic step toward greater transparency and accountability in the management of […]

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TAXPAYERS TOLD: “BE PATIENT”

31 October 2018

Even though  the revenue of the government is up,  the  taxpayers of the  Bahamas are being asked by  the Deputy Prime Minister and Minister of Finance  Peter Turnquest to  be patient as  the government seeks to balance its budget.     A fiscal snapshot of the first quarter shows  an increase in revenue by $60.1 […]

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TEN POTENTIAL BUYERS FOR GRAND LUCAYAN

31 October 2018

Minister of State for Grand Bahama Kwasi Thompson indicated that around ten individuals have  expressed interests  in purchasing the Grand Lucayan Resort in Freeport, Grand Bahama.   However, out of respect for the potential investors, he told reporters that the government will not go into any more detail about them.  Meanwhile, despite critics saying that […]

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Boat Captain And Owner Remanded For Manslaughter

31 October 2018

Exactly four months after the 4Cs boat explosion in Exuma this past June, two men, Clayton Smith and Roderick Watson were arraigned  before Deputy Chief Magistrate Soubusola Swain  in connection with the matter.  They were formally charged with one count of manslaughter by negligence in the case of the death of  Maleka Jackson, an American […]

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Minister Responds To Nurses Walk out

31 October 2018

Health Minister Doctor Duane Sands said there has been no significant impact on the public healthcare services on Monday despite the decision taken by hundreds of nurses to demonstrate.  The bone of contention is a new shift system that will come into effect December 10th.  The new shift system calls for an eight-hour daily shift […]

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Gov’t Conducts Infrastructural Audit

31 October 2018

Now that the government has gotten the approval  with a Resolution in the House of Assembly  it needed to temporarily relocate the East Hill Street General Post Office to the Town Centre Mall, it can turn its attention focus to the infrastructural audit of government buildings/offices. Press Secretary, Anthony Newbold told reporters Tuesday that the […]

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COOPER: GOV’T’S PROJECTIONS NOT MET

31 October 2018

In the wake of the release of a Fiscal Snapshot yesterday, the  official Opposition spokesman on Finance, Chester Cooper, yesterday  charged that the revenue collection is significantly under budget; which is an indication that the government’s projections are not being met.  Further, he found the potential for seasonality in revenues to serve as a major […]

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