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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 […]

Labour Day Truck Driver Arraigned For Manslaughter

26 September 2018

Relatives packed a courtroom yesterday, afternoon as 22-year-old Travis Lamar Sawyer stood before a magistrate to face four counts of manslaughter by negligence. The charges are in  connection with the 2018 Labour Day Parade accident  that ended in the deaths of four women – Tabitha Haye, Tami Gibson, Dianne Gray-Ferguson and Kathleen Fernander. It is  […]

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AG AIMS TO PROTECT WHISTLE BLOWERS

26 September 2018

The fight against corruption comes at a cost and the government is  willing to pay in terms of looking to better protect whistleblowers – those who expose corruption or wrongdoing – but risk being driven to the point of bankruptcy for doing so.  AttorneyGeneral Carl Bethel addressed the issue before heading into cabinet yesterday and […]

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Gov’t to meet with Webshop Bosses

26 September 2018

The government is set to meet with Webshop  gaming house representatives this week to discuss the merits of the injunction currently in the Supreme Court.  This came from Attorney General Carl Bethel who said they need time to get their case together before having this  meeting. “We were hoping to hold one on Monday,  but […]

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Climate Change Impacts Sustainable Tourism

26 September 2018

The impact of climate change on global economies makes it imperative that the Caribbean region begins to recognize threats on the tourism industry, as well as the standard of life. This was  the focus of a workshop in New Providence yesterday in a Sustainable tourism and disaster risk management meeting in the Caribbean.   The […]

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PINTARD TAKEN ABACK BY BNT’S COMMENTS

26 September 2018

Agriculture Minister Michael Pintard told reporters yesterday that he was taken aback by the Bahamas National Trust’s concerns that officials are exploring the expansion of commercial fishing to include pelagic species like tuna. The minister assured, however, that there has been no such conversation. He said, “neither administration is prepared to reverse the decision made. […]

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PM: “ Peace And Justice Transcends Race”

25 September 2018

Prime Minister, Dr. the Hon. Hubert A. Minnis told the delegates at the United Nations yesterday that “peace and justice are as indivisible as the bond of human dignity, which transcends race, creed, ethnicity and  every circumstance of birth amidst the exuberant diversity of humanity.”  Dr. Minnis  was at the United Nations, New York, on […]

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Police Probe Stabbing Incident

25 September 2018

Police  are investigating a stabbing incident that occurred  yesterday, which has left an adult female with injuries. According to reports, shortly after 9:00am, a woman was standing at a bus stop on Farrington Road, when she was approached by a male who stabbed her about the body, before running away. She was transported to hospital […]

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BANK CUSTOMER ROBBED

25 September 2018

The getaway driver of a brazen armed robbery got more than he bargained for when he set out to rob a bank customer this morning.  Police say  that a customer was about to enter the  Royal Bank of Canada  Prince Charles Branch after 11:00am when a man robbed him of several deposit bags before jumping […]

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Woman Jailed For Fraud

25 September 2018

A woman is  behind bars after pleading guilty to over 10 counts of fraud. Latoya Seymour, 44, was yesterday formally charged before Senior Magistrate Derence Rolle-Davis on 11 counts of fraud by false pretenses. It is alleged that over the course of two weeks, the accused, obtained $8,440 from 15 people. The court heard how […]

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Young father behind bars for fraud

25 September 2018

A young father of one was yesterday jailed for fraud.  Nathan Bain, 20, also known as  Jason Cartwright, Jamal Davis and Jamal Bain, was  arraigned before Magistrate Derence Rolle-Davis on six counts of fraud by false pretenses. It is alleged that on Sunday June 17 – concerned with another – Bain obtained documents from four […]

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