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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 […]

Police Busy With Murders

13 June 2018

Assistant Commissioner of Police (ACP), Clayton Fernander, yesterday, told reporters that based on what investigations have so far revealed, police see no connection in the recent murder incidents. “When we look at the double homicide that occurred on Saturday morning on Jerome Avenue, we are following some significant lead in this and the other matters […]

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Two Charged with Child Cruelty

12 June 2018

An 11-year-old female has complained of being unlawfully illtreated by two adults who were both charged with child cruelty. Sophia Sands, 47, and 37-year-old  Rodger Hanson, pleaded not guilty to the charges. Magistrate Joyann Ferguson Pratt set their bail at $2,500 each and set a trial date for October 17th, 2018. Also in the Magistrates […]

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FNM MP SAYS POSTPONE VAT INCREASE

12 June 2018

  Another FNM MP, addressed his concern about the increase in Value Added Tax (VAT)  in the House of Assembly yesterday.   Long Island MP, Adrian Gibson said that while he agrees that there is a need to increase VAT, particularly so The Bahamas can be accepted to The WTO, he believes the timing for […]

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Independent DPP a sign of good governance, says Prime Minister

12 June 2018

In keeping with his government’s promise to appoint an Independent Director of Public Prosecutions, Prime Minister, Dr. the Hon. HubertMinnis deemed Confirmation of Garvin Gaskin, yesterday as the country’s first Independent Director of Public Prosecutions, a sign of a progressive society.   He made the declaration in his address of Mr. Gaskin’s swearing in ceremony […]

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Garvin Gaskin Sworn In as First Independent DPP

12 June 2018

  The former Director of Public Prosecutions in the Office of the Attorney General and Ministry of Legal Affairs, Mr. Garvin E. Gaskin, was sworn inyesterday as the country’s first Constitutionally Appointed Independent Director of Public Prosecutions at Government House.       A graduate of the University of the West Indies (Bachelor of Laws, […]

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Minister Dames Highights Re-Structured RBDF Training

12 June 2018

During his Budget Contribution in the House of Assembly Thursday  , Minister of National Security Marvin Dames revealed that the Royal Bahamas Defence Force (RBDF) was preparing to host the largest regional military training exercise, known as Exercise Tradewinds 2018. “This initiative will consist of over 800 participants sailing on six naval vessels from 22 […]

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Criminal Charges Expected After WSC Audit

12 June 2018

The Board of the  Water and Sewerage Corporation has decided to bring criminal charges against certain individuals in the wake of a Forensic Audit   that found what its Chairman termed tendering and procurement irregularities, suspected misappropriation of assets and questionable undertakings. With an update in the House of Assembly yesterday, Long Island MP, and […]

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Long Island MP Calls For National Lottery

12 June 2018

Long Island Member of Parliament , Adrian Gibson   in contribution to the budget debate  in the House of Assembly  called for the establishment  of a national lottery. “The expansion and proliferation of web shops throughout the Bahamas has caused concern, frankly, on islands such as Long Island, where we have 15 to 20 web […]

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Minister To Testify in Smith’s Trial

12 June 2018

The Minister of National Security, Marvin Dames  has been ordered to appear in the Magistrates Court tomorrow afternoon at 2pm to give evidence in the bribery case of former  Member of Parliament, Frank Smith.  The Minister is expected to be examined by the prosecution and defense attorneys of his alleged  involvement in causing an investigation […]

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‘Risky Business’

12 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 […]

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