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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 […]

Walkers Cay Development Heads of Agreement Signed

13 September 2024

By Gerrino J. SaundersJournal Staff Writer Walkers Cay is a small island of just 58 acres that sits at the top of TheBahamas chain of islands and is rich in angling history with a world-widereputation for premier deep sea fishing and this week Prime Minister PhilipDavis flew to the tiny island to sign a second […]

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Prime Minister Philip Davis

Treasure Cay Returns To “Glory” With $177 Million Investment

13 September 2024

By Gerrino J. SaundersJournal Staff Writer Prime Minister Philip Davis was on Abaco this week to sign an agreement thatwould ultimately help that island take another significant step in thecontinued growth and development following the devastation of HurricaneDorian in September 2019.The government signed an agreement with GreenPointe Holdings LLC that isexpected to revitalize Treasure Cay […]

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OAK TREE MEDICAL’S MILLION MAMMOGRAM MOVEMENT 242

13 September 2024

BY TYNIA BROWNJOURNAL STAFF WRITER In an attempt to tackle the high incidence of breast cancer in The Bahamas, Oaktree MedicalCenter has unveiled the “Million Mammogram Movement 242”. This ambitious program is set toprovide thousands of free mammograms to women across the nation, with a commitment of onemillion dollars in-kind to support the cause.Dr. Deveaux, […]

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POLICE INVESTIGATE SECURITY ISSUE AT LYFORD CAY INTERNATIONAL SCHOOL

13 September 2024

By Shenia RobertsJournal Staff Writer The Lyford Cay International School released a statement on Wednesdayfollowing an investigation launched by police into a social media matter betweenninth grade students. This comes after Audrius Barzdukas, head of school at LCIS,received a report of a concerning social media post made by an upper schoolstudent.Several ninth grade students engaged […]

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Gas retailers set to protest at HOA

13 September 2024

By Gerrino J. SaundersJournal Staff Writers When Members of Parliament return to the House of Assembly on WednesdaySeptember 18 th they will be greeted by a group of frustrated members of theBahamas Petroleum Dealers Association led by their president Raymond Jones andvice president Vasco Bastian who say they are terribly disappointed that thegovernment has yet […]

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New Family Island Clinics Underway

13 September 2024

Tynia BrownJournal Staff Writer During a presentation to the people of Cat Island on Monday September 2nd Minister of Healthand Wellness Dr. Michael Darville says that his ministry has plans for a new clinic there in thesettlement of Stevenson.Darville also says that the ministry has plans to break ground with new clinics on various islandssuch […]

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NO BREAK IN CRIME WAVE

30 August 2024

For the last several months there has been a seemingly unbreakable crime wave in New Providence. Almost every other day Police were called to scenes of homicides were screaming relatives lament while morticians take bodies to the morgue of The Princess Margaret Hospital. Sociologists, Psychologists and Clergymen all agree that crime is, at bottom, a […]

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The government signed a Heads of Agreement with Carnival Cruise Line and Royal Caribbean International on Thursday.  This agreement marks the approval of a long-planned project to expand and revitalize the Grand Bahama Shipyard, with a $600 million investment dedicated to the construction of new drydocks and improvements to the facilities in Freeport.  This expansion will position the shipyard to feature the largest floating dock ship repair facility in the Western Hemisphere by 2026, significantly boosting the island's economy.

LANDMARK $600M AGREEMENT SIGNED TO REVITALIZE GRAND BAHAMA SHIPYARD

30 August 2024

The government signed a Heads of Agreement with Carnival Cruise Line and Royal Caribbean International on Thursday.  This agreement marks the approval of a long-planned project to expand and revitalize the Grand Bahama Shipyard, with a $600 million investment dedicated to the construction of new drydocks and improvements to the facilities in Freeport.  This expansion will position […]

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EDITORIAL – The Stigma of Corruption

30 August 2024

We have a major problem in The Bahamas.  It is about the low level of integrity of The Royal Bahamas Police Force which is at an all time low.  Based on a brewing controversy involving a senior officer who is on “garden leave”, members of the general public are asking a number of questions about […]

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Government and GBPA Using Each Other As Scapegoats

30 August 2024

By Gerrino J. Saunders Journal Staff Writer “Don’t play games with people emotions. If you are serious about solutions, be about it,” said Michael Pintard leader of the Official Opposition Free National Movement (FNM) in reference to the government’s position on the proposed rate increase by the Grand Bahama Power Company (GBPC). Mr. Pintard made […]

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