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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 […]

Board Members Were At Loggerheads

16 August 2018

Works Minister, Desmond Bannister has sought to clear the air on Bahamas Power and Light (BPL) Board dismissals. In a statement yesterday,  the Minister expressed regret that in recent times, the former  board, chaired by Accountant  Darnell Osbourne, remained locked at loggerheads on virtually every critical issue, and that became costly to the  electricity company. […]

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Threat Of Next Downgrade

16 August 2018

The Opposition  spokesman on Finance, the Member of Parliament for Exuma and Ragged Island Chester Cooper says  the latest ratings by Moody’s on the Bahamas  has said in clear language that it will downgrade The Bahamas should this fiscal consolidation plan, replete with holes, fail to pan out. He said, “Moody’s points out that economic […]

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Three Bahamians Receive Queen’s Honours

16 August 2018

For their discipline, loyalty, respect and Christian values, three outstanding Bahamians were on Wednesday awarded – the last of those to receive this year’s Queen’s Honors. The awards were presented by Governor General Dame Marguerite Pindling. For her service to the field of education and community, veteran educator Elma Garraway was invested with the honor […]

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GOV’T TO END CONTRACT WORKERS

16 August 2018

The government has decided to put an end to the contract worker system soon. This comes  off  the heels of a number of government contract workers not receiving pay for a month.  Education Minister Jeffery Lloyd told reporters outside of Cabinet that contract workers would either become “permanent and pensionable” or terminated once contracts come […]

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Deliberate Steps Toward Business Success

15 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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U.S INVESTS IN BAHAMAS BORDER PROTECTION

15 August 2018

The U.S. government has made another big investment in securing the borders  of The Bahamas yesterday  with  a $1 million package that  was turned over to the Defense Force’s Harbor Patrol Unit.  The package includes a safe 25 full cabin response boat, capable of speeds of over 40 knots and crew and passenger capacity of […]

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Minister of Education calls on teacher education grant recipients to make a positive difference

15 August 2018

The Government of The Bahamas has invested in 54 teacher education grant recipients who have been awarded scholarships tenable at the University of The Bahamas. The group, comprising four young men and 50 young women from across the archipelago, received their certificates and special awards during the first Teacher Education Grant Award Ceremony, August 13, […]

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Minister Encourages Reporting On Denial of School Admissions

15 August 2018

The  Minister of  Education  Jeffrey Lloyd is encouraging the public to report any instance of a child being denied admission to a public school.  He  is responding to claims from Right Bahamas that schools are demanding proof of status from students. Mr. Lloyd told reporters ahead of his weekly Cabinet meeting that both the law […]

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“Let Freeport Go And Grow”

15 August 2018

Reacting to suggestions in recent days for the government to purchase The Grand Bahama Port Authority, controversial  Queens Counsel Fred Smith is calling  for the nationalization and immediate privatization  of the entity.  Speaking on the Love 97  Radio Show “On Point”, Mr. Smith a Senior partner in the law  firm Callenders and Company said, “we […]

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Former Tourism D.G. Dies

15 August 2018

A  former Director General in the Ministry of Tourism, David Johnson passed away  last evening in the Princess Margaret Hospital at the age of 67.   Mr. Johnson who has been ailing for a few months, died after having complications due to Colon Cancer. He has served in many other capacities in the tourism industry […]

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