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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 […]

BAHAMAS UNIFIED BUS DRIVERS UNION FORMED

20 June 2018

The Bahamas Unified Bus Drivers Union, the very first bus driver’s union in the Bahamas made its debut  yesterday with many progressive  plans  for the future. Union President Frederick Farrington says that their main goals are to facilitate and jumpstart a busing system that is long overdue, that works for everyone. The Union started as a […]

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MINNIS FIRES THREE MPs

20 June 2018

The first major challenge from within the government  of Prime Minister Doctor Hubert Minnis of the Free National Movement  ended in the firing of two Parliamentary Secretaries and  the Chairman of the Hotel Corporation of the Bahamas yesterday. The Governor General  acting in accordance with the advice of the Prime Minister revoked the existing directions given to Travis  […]

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Robinson: “ Moral Courage is Rare”

20 June 2018

Despite Prime Minister Dr. Hubert Minnis’ strong pitch for house members – particularly members of his parliamentary caucus – to vote yes to the 4.5 per cent planned increase in value added tax – four FNM MPs stuck to their guns and voted no to the hike. One of them , the youngest, Bain and Grants […]

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PM TO MPs :”VOTE YOUR CONSCIENCE”

19 June 2018

It has been  no secret,  the Minnis administration has received  fierce push back to its decision to increase Value Added Tax (VAT)  and that came  from outside and inside the governing party;  particularly from  Free National Movement  Members of Parliament  Reece Chipman, Vaughn Miller, Frederick McAlpine and Travis Robinson.   In hopes of getting the Members […]

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“ VAT INCREASE PROTECTS BAHAMIANS”, SAYS PM

19 June 2018

Prime Minister Dr. Hubert Minnis outlined the various options that the government had on Value Added Tax  (VAT), saying that it took a decision to protect future generations.  He  spent a full three plus hours wrapping up debate on the 2018/2019 budget, which has found both the opposition and several government MP’s declaring that they […]

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DAVIS: VAT Increase Oppresses Poor And Provides For Rich

19 June 2018

Opposition Leader Philip ‘Brave’ Davis says he cannot support the presentation of the 2018/2019 budget as its various increases in areas like VAT only oppresses the poor and provides for the rich.   He noted that the increases in VAT being proposed is ‘symtomatic’ to the disease of mismanagement, but not the root cause. The […]

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RBDF IN SEARCH OF POACHERS

19 June 2018

The search is on for a group of Dominican poachers.   Crewmembers aboard the HMBS Durward Knowles were on routine patrol in the southern Bahamas when they came across a 50ft vessel in the Great Bahama Bank.   On board were four Dominican fishermen along with a quantity of fish.   At last report, authorities […]

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UB Students get assistance

19 June 2018

The University of the Bahamas will  be providing financial backing for students that are unable to afford the expense of attending the prestigious university. Making good on  this promise, Prime Minister Hubert Minnis announced that UB students who meet certain entry requirements will receive free tuition. This will take effect as of Fall 2019.  The […]

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Post Office Workers Under Stress

19 June 2018

Another  day of no lights and heat at the East Hill post office. It is no secret that staff members of  the East Hill post office location have undergone  stress in an unpleasant working environment. Over the years they had to contend with  leaking ceilings,  rat infestation  and constant power outages. The plan for betterment […]

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POLICE PROBE DROWNING INCIDENT

19 June 2018

Police are investigating the drowning of a child that occurred shortly  after 3:00pm yesterday.   According to reports, a male child was at the beach at Arawak Cay, along with a family member and other children. As the family was about to leave, they discovered the child missing. A search of the beach was made and […]

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