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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 […]

Gov’t to Sue Over Education Loans

14 June 2018

The Ministry of Education is taking legal action against Bahamian students  who have failed to pay off their education loans. The government was depending on reviving the Education Loan Authority this year, but it is likely that will  not  happen because of the current outstanding loans. According to Education Minister Jeffrey Lloyd, approximately $100 million […]

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Ministry of Tourism Stepping Up Their Game

14 June 2018

The  Director General of the Ministry of Tourism Joy Jibrilu  said  yesterday that the industry intends to up its game in the wake of the pending rise in Value Added Tax (VAT).  Ms. Jibrilu   pointed out that The Bahamas is considered a high cost destination unlike its competitors to the south that are primarily […]

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Discussions Underway For New Morgue

14 June 2018

The Minister of Health  Doctor Duane Sands says   discussions  are underway for  a new national  morgue at the Princess Margret Hospital. The increasing number of homicides  along  with the other bodies already occupying space at the morgue, resulted  in the need for a new medical examiners  facility. Dr.  Sands said, “obviously we would hope […]

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Bahamasair Going Cashless

14 June 2018

The country’s national airline’s Managing Director Tracy Cooper  yesterday announced that  Bahamasair  will be seeking to make all of their transactions cashless as early as the end of the year.  Mr. Cooper said that  Bahamasair followed in the footsteps of American Airlines which began this initiative in Miami with intentions to continue this trend in […]

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The Bahamas Is The People’s Choice At Caribbean Tourism’s Rum and Rhythm 2018

14 June 2018

The Bahamian Culinary team emerged as victors at the recent Annual Caribbean Tourism Week New York’s Rum and Rhythm event The Rum and Rhythm event featured two Culinary Competitions, and two Mixologist Competitions.  In each category, professional judges decided on a winner and those in attendance at the event decided on a second winner.   […]

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“ Crime Problem Bigger Than Police”

14 June 2018

With the country’s murder count increasing, Minister of National Security Marvin Dames said that the Royal Bahamas Police Force is doing all that they can “dealing with decades of neglect that has manifested itself over time”.  Speaking with reporters outside the House of Assembly yesterday, Mr. Dames said that he had met with the Acting […]

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MINISTER GRILLED IN FRANK SMITH’S TRIAL

13 June 2018

Tension  mounted in the Magistrates Court yesterday when the Minister of National Security, Marvin Dames testified on his involvement the matter relating to the bribery trial of former Chairman of the Public Hospitals Authority, Frank Smith. Appearing before Chief Magistrate Joyann Ferguson Pratt, Mr Dames said the first time he heard of the complaint of […]

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AG Threatens Web Shop Owners “IF THEY GO UNDERGROUND, THEY’LL BE DUG UP!”

13 June 2018

Attorney General Carl Bethel is not backing down in the face of threats by the Web Shop operators to fight the government in court over a proposal to hike taxes on their businesses. Mr. Bethel told reporters outside of Cabinet yesterdaythat the government is ready for whatever stance the operators decide to take. Attorney Wayne […]

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DPM Open to Gaming Meeting

13 June 2018

As threats of legal action ring off, Deputy Prime Minister Peter Turnquest yesterday said that he is open to having a rational conversation with  Web Shop Gaming operators about the way forward. The seven day window  the gaming house operators gave the government to meet with them has since closed.  However Mr. Turnquest insisted that […]

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WAR ON THE STREETS

13 June 2018

It  is as if a war in going on in New Providence.However, Police believe that the seven homicides recorded  in less than a week are not related. Then,  since psychologists have long opined that  crime is the fever chart of a sick society, the Bahamian society is apparently sick indeed.  Just yesterday afternoon two men […]

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