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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 […]

Youth Unemployment Increasing

29 October 2018

Unemployment among the youth – those ages 15 to 24 – continues to be considerably higher than any other age group. In May, preliminary results of the Labour Force Survey showed that this group’s unemployment rate increased from 22.1 per cent to 24.1 per cent. Labour Minister, Dion Foulkes, said it’s something the government is still working on improving. […]

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Sunshine Holdings Mourns Passing Of Deputy Chairman

29 October 2018

The passing of  former Cabinet Minister Bradley B. Roberts  is  deemed a great lost to Sunshine Holdings Limited .  Mr. Roberts was a founding shareholder of the company  and the first Chairman of its Board. A release from the  Board said he was “a  man from humble beginnings who  began his career as a businessman […]

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Robinson Becomes World Ambassador

29 October 2018

Bains and Grants Town Member of Parliament, Travis Robinson, is an official One Young World Ambassador – one of four to win the prestigious award, the only person from the western hemisphere. With 5,000 applications from around the world, that number was shortlisted to 18, then again to the final five – Robinson one of them. […]

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NURSES TO TAKE ACTION

29 October 2018

The Bahamas Nurses Union is set to have a demonstration this morning at 10  o’clock in response to the Public Hospitals Authority’s (PHA) announcement of shift changes for nurses. Last week the PHA’s Managing Director Catherine Weech told reporters that the new shift system will eliminate the inequity caused by the four nights on/ four […]

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Job readiness numbers better

29 October 2018

Good news on the labour front – in terms of candidates’ job readiness, those numbers are doing better. Minister of Labour  Dion Foulkes said tertiary education providers are one of the main factors contributing to the increase. “I must congratulate some of our tertiary providers like the National Training Agency (NTA) and Bahamas Training and Vocational […]

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POLICE PROBE SHOOTING INCIDENT

29 October 2018

Police  are investigating a shooting incident Friday, 26th October,  which left a juvenile male in hospital. According to reports, shortly after 8:00pm, the juvenile and another male were riding on a scooter on Hospital Lane, when they a male armed with a firearm opened fire in their direction, hitting him multiple time about  the body, […]

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CHILDREN FIND MAN’S BODY IN BUSHES

29 October 2018

Police in the capital investigate the remains of a man found in bushes off Martin Close, off Cowpen Road yesterday. Police Press Liaison Shanta Knowles told reporters that officers received word shortly after 12pm yesterday. Residents of that area have indicated that children were playing in a field nearby when they discovered the body. She […]

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Talk Show Hosts Asked To Lift Level Of Debates

29 October 2018

Outspoken Baptist Clergyman, Bishop Simeon B. Hall says  “Talk Show hosts in the Bahamas have  a higher calling to lift the level of national debates.” In a press statement, Bishop Hall said, “the  freedom of expression which we welcome and are now free to enjoy here in The Bahamas must cause us to lift the level […]

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Chipman Defends Family Land Ownership

26 October 2018

Corruption was the  buzz word for Centreville Member of Parliament, Reece Chipman, who used his parliamentary privilege to defend his family’s legacy in Parliament. The Chipmans are at the center of a dispute over enormous tracts of land amassed by their patriarch, Howard Nelson Chipman. Standoffs are regularly posted on social media – the last […]

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Inmates Go Job Hunting

26 October 2018

Another Labour on the Blocks job fair, but this time, inmates are the job seekers. Yesterday, at the Bahamas Department of Corrections, 30 inmates seeking employment presented their resumes and sat for  job interviews with 16 prospective employers. Labour Minister, Dion Foulkes, spoke to the importance of this initiative. He said, “ we could encourage […]

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