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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 […]

Pastors In Sympathy With Gaming Employees

06 July 2018

At least two of the  country’s Pastors believe that release of employees from gaming houses as a result of the 50 per cent  taxation imposed on gaming houses was unfortunate and unnecessary.   Bahamas Faith Ministries Senior Pastor Dave Burrows said the move was one of those being viewed   as push back from gaming […]

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Local Group Seeks to Legalize Marijuana

06 July 2018

Talks of decriminalizing marijuana have set the country abuzz over the past few days and the Bahamas Cannabis Research Institute (BACARI) launched their inaugural initiative in an effort to remove restrictions placed on the herb some 48 years ago.  This issue hit close to home for BACARI’S Chairman Terry Miller who reflected on the tarnished […]

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Davis calls Minnis Gov’t corrupt

06 July 2018

Opposition leader Phillip Brave Davis has upbraided  the Minnis administration calling them corrupt and using the terms transparency and accountability against them. This came as Mr. Davis addressed an outdoor public meeting in the Mount Moriah Constituency on Wednesday evening.  He said, “Minnis the Prime Minister promised to promote a climate of fairness and openness […]

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Ensuring Success

05 July 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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JANE AND MARCUS BETHEL’S FAMILY GIVES UB AWARD

05 July 2018

The University of The Bahamas has secured a $100,000 scholarship called  The Jane and Marcus Bethel  Award  for its outstanding students. Those students would have  a  wide range of beliefs, ideals, and talents, are encouraged to work, and learn together, foster intellectual growth, refine their leadership skills, and enhance their relationship with the university. The  […]

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American Celebrate With The Age of Jazz

05 July 2018

The  roaring twenties – the golden age of jazz – were back Tuesday  evening at the US Embassy’s scaled down Great Gatsby themed fourth of July celebrations at the residence of  the U.S. Ambassador, Liberty Overlook. The time marked a period when the American economy soared, bringing extraordinary levels of prosperity in the years following […]

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DPM Giving Some Businesses Grace Period

05 July 2018

The government is giving some business owners a break in the wake of the newly implemented 60 per cent increase in Value Added Tax. Finance Minister Peter Turnquest told reporters outside of Cabinet this past Wednesday that the reason behind this was that some industries are simply more complicated than others. He said, “So far […]

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Bahamians Ready for Medical Marijuana?

05 July 2018

Bahamian market and research company Public Domain yesterday found that 66 per cent of 998 Bahamians believe that adults should be able to use medicinal marijuana.  Public Domain released the results a recently conducted survey which indicated that 62 per cent of the participants also agreed that marijuana has medical benefits.  Thirteen percent said that […]

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Mixed Messsages On Boating Incident

05 July 2018

The Progressive Liberal Party (PLP) Deputy Leader is expressing serious concern over how news of Saturday’s deadly boating tragedy is getting out to the international community. On Saturday June 30, a 38ft charter vessel with 12 people on board, exploded off Barrataree, Exuma. I. Chester Cooper said since the incident, he has  consistently fielded calls […]

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PLP Questions GB Money

05 July 2018

The opposition Progressive Liberal Party is questioning the allocation of some $25 million for Grand Bahama that was certainly not a talking point in the 2018 Budget Debate in the House of Assembly. However the Party said the amount somehow made its way in the Senate  when the fiscal plan was debated in the Upper […]

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