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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 […]

GOV’T ACCUSED OF NAKED CORRUPTION

22 October 2018

Former Cabinet Minister Bradley Roberts says “the decision of the government to lease the premises of the Town Center Mall from one of its senior cabinet minister, Immigration and Financial Services Minister Brent Symonette, is just the latest in a number of naked and unbridled corrupt practices of this FNM government.” In a  statement yesterday […]

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Bahamians arraigned for drugs

22 October 2018

A teen spent his 18th birthday behind bars on Friday, for attempting to smuggle drugs into The Bahamas Department of Corrections (BDOC). The accused who was a juvenile at the time of the offense, was charged before Deputy Chief Magistrate, Subusola Swain, for possession of dangerous drugs with the intent to supply. The court heard […]

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LPP Bemoans Failed Model

22 October 2018

Lighthouse Point Partners (LLP) says it is regrettable that the government has capitulated to the demands of Disney Cruise Lines. The group is among those expressing disappointment about cabinet’s decision regarding Disney’s acquisition of Lighthouse Point in Eleuthera. It argued that the government, is perpetuating a failed model, with limited spend by cruise passengers on […]

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Gov’t Approves Disney’s Proposal

22 October 2018

Conservationists and Environmentalists  suffered a  blow  last  Friday evening as the proposal submitted by Disney Cruise line Island Development Ltd for Lighthouse  Point was   approved  by the government.  Negotiations for a  heads of agreement will now begin.  In a  Press release  following Friday’s cabinet meeting,  the government emphasized that  Lighthouse  Point – considered by […]

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LAING DEFENDS WTO ASCENSION

22 October 2018

The Bahamas’ Chief Negotiator Zhivargo Laing yesterday said the challenge for the  government is to protect and preserve Bahamian businesses, no matter how small as the country negotiates ascension into the World Trade Organization (WTO).      Mr. Laing was a guest along with Attorney Paul Moss on the  Love 97 and JCN   Radio […]

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Strategizing Effectively

22 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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Increasing Business Income

19 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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“DON’T DO IT,”

19 October 2018

“DON’T DO IT,” is the stern advice given to the Prime Minister by the Coalition To Save Clifton on the proposed Disney Development at Lighthouse Point, Eleuthera following a recent visit to the site by members of the Coalition. In a Press Statement the Coalition has unequivocally stated its fundamental opposition to the establishment of […]

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Increasing Business Income

19 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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PLP Chairman Claims School Bus Contractors Victimized

19 October 2018

The  Chairman of the Progressive Liberal Party Senator Fred Mitchell  says “in an act of official savagery, contractors for school busing in Abaco, Eleuthera, Bimini and Grand Bahama have reported that in the middle of the school term and in the middle of multi  year contracts,  the contracts have been terminated.” He said, “the letters […]

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