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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 […]

FERREIRA: 9 OF 60 LOT APPLICANTS QUALIFY

29 August 2018

According to Housing Minister Romauld Ferreira, the government has already received as many as 60 applications for their low-cost housing initiative, but regrettably only nine of them qualify.  He said, “we say to the Bahamian public that this is one of those once in a lifetime opportunities. We urge you to put your financial house […]

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BPL CHAIRMAN ANSWERS CONFLICT CLAIMS

29 August 2018

Despite a potential conflict of interest, Bahamas Power and Light’s new Chairman Donavan Moxey is not ruling out the possibility of his software company, CBI Mobile, working with BPL. Mr. Moxey’s company proposed an App called Mobile Assist to the company’s former board a year ago.  Mr. Moxey and his board met with reporters on […]

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Drastic Decline In Virus Outbreak

29 August 2018

Health Minister Dr. Duane Sands says  that there has been a drastic decline in conch poisoning and gastrointestinal virus, while there was one confirmed case last week.  The Minister stressed to reporters outside cabinet yesterday that  persons should take the necessary precautions in preparing raw conch cuisines. The Minister says the cause of this outbreak  […]

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LOCAL CHURCH GIVES BACK

28 August 2018

It was an  exuberant spirit filled the Thomas A. Robinson Stadium parking lot  on Saturday  as hundreds of  youngsters received free books, pencils, uniforms, and shoes from  the  Stephen C. Munroe International  back to school extravaganza.  This was the brainchild of  Prophet Stephen Munroe who said he got the idea after watching several kids kick their […]

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NEMA makes financial contributions to Hurricane Irma victims on Ragged

28 August 2018

Captain Stephen Russell, Director of the National Emergency Management Agency, NEMA, issued financial assistance estimating $72,000 to Family Island residents impacted by the devastating Hurricane Irma in 2017. Captain Russell was accompanied by assistant accountant at NEMA, Eva Lightbourne and Family Island Administrator for Exuma and Ragged Island Districts Preston Cunningham. Captain Russell and his […]

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New BPL Board Gets Mandate

28 August 2018

Out with the old, and in with the new as   Bahamas Power and Light’s (BPL) new executive board was  introduced  yesterday.  In an official presentation of the board members, Minister of Public Works, Desmond Bannister, told the members that there was a critical need for teamwork.  “All of that raises wonderful opportunity for leadership […]

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BPL COMMITTED TO IMPROVING POWER

28 August 2018

The new BPL Board of Directors had a productive day, putting emphasis on power generation. According to Chairman Donovan Moxey,  jampacked with meetings addressed  an array of topics dedicated to improving the country’s power supply.  Discussions covered everything from government’s investigation into the previous board to tackling the vexing problem of providing the company’s customers […]

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Gov’t’s BPL Response Called “Petty”

28 August 2018

The Democratic National Alliance’s (DNA) Deputy Leader Arinthia Komolafe says that the government’s response to the ongoing  Bahamas Power and Light (BPL) saga  has been underwhelming, inadequate and petty. She  said  yesterday that  the party followed the ongoing discussion  “with interest.”   Mrs. Komolafe said, “this is unfortunate and unacceptable for an administration that professes […]

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Still ‘sticking to your knitting’?

27 August 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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FORMER GOVERNOR GENERALS HONOURED

24 August 2018

Two  former Governor Generals were  formally inducted in the “Order of the Nation” yesterday at Government House.  They are  Sir Orville Turnquest and  the Honourable Arthur Hanna  who served the country with distinction. Prime Minister Dr. Hubert Minnis said   these men  left an indelible mark on the country through their tireless efforts. The Order […]

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