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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 […]

Doctors moving ahead with strike vote

05 October 2018

The Consultant Physician Staff Association (CPSA) plans take a strike vote on today, even after the Prime Minister Doctor Hubert  Minnis  met with them to hear for himself their concerns, as promised.   The Journal spoke with CPSA President Dr. Locksley Munroe, who gave insight into how that meet up went. “Primarily, we spoke about […]

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Ministers Defend BMC Evictions

05 October 2018

Former Chairman of The Bahamas Mortgage Corporation, Dr. Duane Sands is blaming  the  Christie  administration for the majority of the BMC’s toxic loans. Based on Dr. Sands’ timeline and calculations, most of the loans fell into default during the five year period of the first Christie government. “From 2002 the FNM was voted out of […]

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Six Arraigned For Traffic Fatalities

05 October 2018

Six Bahamians have been  arraigned in the Magistrates  Court  all in connection with separate traffic fatalities.  In the first instance 26-year-old Taylor Pratt was charged with one count of killing in the course of dangerous driving,  one  count of failing to remain stationary after an accident and one count of driving whilst not covered under […]

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Junior Tourism Minister Competition

05 October 2018

Eighteen of the Caribbean’s tourism youth leaders yesterday, competed for the chance to become the official Junior Minister of Tourism or Junior Commissioner of Tourism, for the entire Caribbean. According to Committee Chair for Youth Congress, Samantha Cartwright, the representatives presented on topics important and relevant to the tourism sector.  “We have here today representing […]

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PM Minnis challenges the region to broaden its tourism brand

04 October 2018

Prime Minister, Dr. the Hon. Hubert Minnis called on the region to broaden its Caribbean brand in tourism and recreate a new direction forward. He was delivering the keynote address at the State of Tourism Industry Conference (SOTIC) 2018 on Tuesday evening in the Grand Ballroom of Atlantis, Paradise Island.   The week-long conference explores […]

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EXUMA MP SLAMS GOV’T ON 4C’S REPORT

04 October 2018

Deputy Opposition Leader and Exuma MP Chester Cooper said that the report into the Four C’s boating tragedy is an indictment on the government, the Port Department, both of whom are lax and negligent in their oversight.  His comments came off the heels of the report’s damning findings which found that of the 18 commercial […]

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Spike In Delinquency Rate At Mortgage Corp

04 October 2018

There has been an upward spike in its delinquency rate of the Bahamas Mortgage  Corporation (BMC) over the years. According to its former chairman, Dr. Duane Sands, who spewed numbers in the House of Assembly yesterday, 42 per cent of the loans were delinquent. “By 2010,  the BMC had a total of 3,119 loans on […]

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DR. SANDS TELLS OPPOSITION, “ SIT SMALL”

04 October 2018

The Minister of Health  Doctor Duane Sands has  fired back at  Opposition Leader, Philip Davis, who yesterday criticized the Elizabeth MP’s performance. Dr. Sands response to the opposition was, “they know what they have done. They should just sit small and shut up.” He added, “the last people to open their mouth and talk about […]

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Getting Into The Minutia

03 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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Group Condemns Children’s Eviction

02 October 2018

The Vice President of Rights Bahamas Joseph Darville  has hit out at government over the manner in which Bahamian families are reportedly being evicted from their homes because of overdue mortgage payments. Mr.  Darville said a more humane process could have been found, and called it unbelievable that the Bahamas Mortgage Corporation (BMC) would take […]

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