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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 […]

D’AGUILAR DEFENDS HOTEL PURCHASE

15 August 2018

The  Minister of Tourism Dionisio  D’Aguilar  says,  the government’s decision to purchase The Grand Lucayan Resort in Freeport, Grand Bahama “is not a good decision, but  we have to make a decision. Governments have to act to make an attempt to save the economy of Freeport.” The decision however  is criticized by a cross-section of […]

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BPL BOARD FIRED

15 August 2018

The Cabinet of the Bahamas has fired the Board of Bahamas Power and Light (BPL) for making  a decision that is not in the national interest. The  Journal  has confirmed that the termination of the Board came about as a result of a complaint that there was an attempt to  purchase technology for the use […]

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WSC REFUTES CONCH POISONING ALLEGATIONS

14 August 2018

The Water and Sewerage Corporation(WSC), distancing itself from all assertions that its Malcolm Park improvement works is related to the recent conch poisoning cases in New Providence. The WSC said it’s been deliberate in its efforts to ensure the availability of clean, potable water at Arawak Cay, Potter’s Cay Dock and the  Montagu Ramp Several […]

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Irate Straw Vendor Wants Audit

14 August 2018

One New Providence straw vendor is calling on the government to conduct an internal audit of the Straw Market’s accounts department.   Sharon Carey, who has been a straw vendor since 2001, claims she has been locked out of her stall from March 29th of this year, for alleged back payments.   The only thing is, […]

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Prime Minister Plans to Meet Nurses Again

14 August 2018

Amid the brewing unrest between the Bahamas Nurses Union (BNU) and the Ministry of Labour, Prime Minister Dr. Hubert Minnis said this past Saturday that he plans to review the matter and meet with them shortly. He said, “I have asked the nurses if they can commence relevant communication with the relevant Ministry authority and […]

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MEDICAL MARIJUANA COMMITTEE AGREED

14 August 2018

The Cabinet has approved a medical marijuana committee, although the names of the individuals have not been announced. Prime Minister Dr. Hubert Minnis said, “we now have to write the various different entities – Chamber of Commerce, University of The Bahamas, COBUS (SGA), business leagues. There are different entities so that they can send their […]

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LEGAL ACTION PLANNED FOR DENYING CHILDREN SCHOOLING

14 August 2018

Local activist group, Rights Bahamas plans to take legal action over children reportedly denied schooling. In a statement, Rights Bahamas Education Committee Chairman, Dawrin Thompson argued that despite Education Minister, Jeffery Lloyd’s decree that no child in The Bahamas shall be denied the right to an education, certain public schools continue to demand proof of […]

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Lawyers Slam Hotel Purchase

14 August 2018

Two of Her Majesty’s Queens Counsels  have roundly  criticized the decision by the Minnis administration to purchase the Grand Lucayan Resort in Freeport Grand Bahama. Making their contributions to the now controversial decision  onthe Love 97 Radio Afternoon Show “On Point”,  Attorneys Fred Smith and Maurice Glinton, two senior members of the Bahamas Bar condemned […]

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JUVENILE ARRAIGNED FOR MURDER

14 August 2018

A teen boy, is one of four young men charged with two separate murders yesterday. The minor was formally charged along with 18-year-old, Reno Solomon of Acklins Street and 19-year-old Katraz Coakley of Yellow Elder in connection with the June 16th death of Ronald Williams. The trio was not required to enter a plea, and […]

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“AG DEFENDS GOV’T DECISION TO SEEK OUTSIDE COUNSEL.”

14 August 2018

Attorney General, Carl Bethel has defended the government’s decision to hire outside attorneys, in an effort to win its case to demolish Shantytowns. The AG argued that the cost of doing nothing is far greater, than the cost of this. “I don’t know why they would broadcast their terror at the thought of us having […]

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