Featured Stories
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 […]

Screenshot

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 […]

VAT INCREASE DOESN’T MEAN ECONOMIC CONTRACTION, SAYS FS

02 July 2018

Financial Secretary Marlon Johnson says  the  increase in Value Added Tax (VAT)  which became effective yesterday does not necessarily mean a  contraction of  the economy of   The Bahamas.   Appearing on the Love 97 Radio Programme Jones and Company yesterday, Mr. Johnson recalled that back in 2015 when the Christie Administration first introduced VAT,  […]

Read the full story

Posted in National News0 Comments

PM Defends VAT On FI Tour 


02 July 2018

Prime Minister Dr. the Hon. Hubert Minnis in an effort to sell  the  controversial tax increases  visited  several communities around the Family Islands over the last several days. Dr. Minnis  discussed  with residents the 2018/19 National Budget and how it would impact their lives, and the Value Added Tax increase to 12 percent. Town Hall […]

Read the full story

Posted in National News0 Comments

Transportation Security Administration (TSA)

02 July 2018

Implements Enhanced Carry-on Bag Screening Procedures for Airports with Scheduled Commercial Flights with Last Point of Departure to the United States of America With the advent of the busy summer travel season, the traveling public is advised that powder like substances 12oz (350ml) or larger are now prohibited in the cabin of aircrafts and as […]

Read the full story

Posted in National News0 Comments

“BAHAMIAN CONTRACTORS MISSING OUT ON THE POINTE”

02 July 2018

The Bahamas Contractors Association (BCA) is irate and their depending on the government to right a longstanding wrong, at a multi-million-dollar downtown hotel project. The BCA is urging the government to consider Bahamian contractors to work on the Pointe Development. Association President, Leonard Sands, said while there’s the claim only specialized workers are needed, this […]

Read the full story

Posted in National News0 Comments

Local Businesses React To VAT Increase

02 July 2018

The  increase  Value Added Tax by  60 per cent  came into effect yesterday with some  businesses saying  that they are still not prepared. The decision to increase VAT to 12 per cent came during the Deputy Prime Minister and Minister of Finance’s budget communication on May 30th. Perfume Bar Manager, Sandy Martinez is one of […]

Read the full story

Posted in National News0 Comments

Clues That Your Business Is In Trouble

29 June 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 […]

Read the full story

Posted in National News0 Comments

BPL ready for the summer

29 June 2018

The Chief Executive Officer of Bahamas Power and Light (BPL)  Whitney Heastie said yesterday that there will be no load shedding this summer,  but there is no guarantee of no outages.  Mr. Heastie said the company has spent a lot of time preparing for this upcoming summer which he anticipates will be a better summer […]

Read the full story

Posted in National News0 Comments

The Bahamas Bowl Games Proved A Boost to the Economy

29 June 2018

It was  announced yesterday  that a total of 9,200 visitors to New Providence over the past four years injected $23.8 million into the local economy due to the Bahamas Bowl. An additional $5 million was spent on food, supplies, entertainment, and local transportation.  Minister of Transport Frankie Campbell said that the government is well on […]

Read the full story

Posted in National News0 Comments

Bahamian Chinese Community Speaks Out

29 June 2018

The Bahamian Chinese Community Association of The Bahamas (CCA)  is  outraged in the wake of disturbing videos circulating on social media coupled with a recent television report that they say distorted and damaged the public’s perception of them. The organization made it clear in a release that it has been under contract with the Bahamas […]

Read the full story

Posted in National News0 Comments

LOCAL CHARITIES PREPARE FOR VAT HIKE

29 June 2018

With the increase in Value Added Tax (VAT) becoming  effective on Sunday, July 1st,  many organizations in Civil Society are bracing themselves for increase expenditures and a shortfall in revenue. That includes local charities like The Red Cross, The Salvation Army, and The Great Commission, who either expect or are already seeing a jump in […]

Read the full story

Posted in National News0 Comments

Watch JCN Channel 14 Shows

Jcn Channel 14

Sign in now to see your channels and recommendations!

Join Us on Facebook