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LANDMARK $600M AGREEMENT SIGNED TO REVITALIZE GRAND BAHAMA SHIPYARD FORMER MANAGING DIRECTOR CHARGED WITH DEATH OFPHILLIP ADDERLEY
 
The government signed a Heads of Agreement with Carnival Cruise Line and Royal Caribbean International on Thursday.  This agreement marks the approval of a long-planned project to expand and revitalize the Grand Bahama Shipyard, with a $600 million investment dedicated to the construction of new drydocks and improvements to the facilities in Freeport.  This expansion will position the shipyard to feature the largest floating dock ship repair facility in the Western Hemisphere by 2026, significantly boosting the island's economy.

LANDMARK $600M AGREEMENT SIGNED TO REVITALIZE GRAND BAHAMA SHIPYARD

The government signed a Heads of Agreement with Carnival Cruise Line and Royal Caribbean International on Thursday.  This agreement marks the approval of a long-planned project to expand and revitalize the Grand Bahama Shipyard, with a $600 million investment dedicated to the construction of new drydocks and improvements to the facilities in Freeport.  This expansion will position […]

Mario Bannister

FORMER MANAGING DIRECTOR CHARGED WITH DEATH OFPHILLIP ADDERLEY

Police Prosecutors charged Mario Bannister, former ManagingDirector of Clifton Heritage National Park this week for acting as an accessory to themurder of 36-year-old Phillip Adderley, by providing a vehicle to the accusedkillers.Twenty-eight year old Christian Napier and 26-year-old Donte Riley werecharged with killing Adderley whose body was found on August 15th, 2024,stabbed to death in […]

Web Shop Owner Feels Betrayed

06 June 2018

A local Wed Shop owner is lashing out at the government for what he calls a betrayal. Craig Flowers, Chief Executive Officer  of FML Group of Companies said as a Bahamian he feels betrayed by the Free National Movement  government’s decision to  increase in taxes. “I feel betrayed by the present government  because the argument […]

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Breadbasket Items on Probation

06 June 2018

The fact that corned beef remained on the list of breadbasket items came as quite a relief to many, who view the meal as a staple. However that  feeling that could be short lived,  according to Minister of Health Doctor  Duane Sands.  The Minister said  that the item is “on probation” as it relates to […]

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Opposition Leader responds to DPM’s comments

04 June 2018

Leader of the opposition Phillip Davis responded to Deputy Prime Minister and minister of Finance Peter Turnquest’s remarks that statements made by the opposition were “laughable”.  Mr. Davis told the Journal News Team that the PLP needs answers.  He said, “Why would he say that we’re in no position to talk? We have spoken and […]

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Labour Leaders Shocked by Tragedy

04 June 2018

Labour Minister Senator Dion Foulkes shed tears as he was emotionally  overwhelmed  over the Labour Day parade tragedy. He said National Congress of Trade Union (NCTU) leader Bernard Evans along with Trade Union of Congress (TUC) leader Obie Ferguson were marching around the British Colonial Hilton Hotel when a Police Officer gave them the shocking […]

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Davis saddened by Labour Day Tragedy

04 June 2018

In the wake of this weekend’s Labour Day Tragedy, Opposition Leader Phillip Davis described the events as “a very gloomy time” for Bahamians particularly while the country celebrates its workers.  Mr. Davis said that the Progressive liberal party (PLP) joined the Labour day parade pausing on four different occasions to commemorate the marchers that lost […]

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Devaluation Comment Called Senseless

04 June 2018

Opposition leader Philip Davis has taken exception with comments by Prime Minister Doctor Hubert Minnis concerning a possible devaluation of the Bahamian dollar. Mr. Davis responded  to press comments attributed to Dr. Minnis defending the government’s decision to raise  the Value Added Tax (VAT) rate from 7.5 per cent to 12 per cent. The Progressive […]

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“A new VAT Model”

04 June 2018

Despite the government’s assertion that the implementation of a Value Added Tax (VAT) increase to 12 per cent was necessary to better the country’s financial state, the Chairman of the Coalition which advised the government initially on the introduction of VAT says the government has departed from the original  model which was agreed.   Weighing […]

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DPM fires back at Opposition’s Budget Criticism

04 June 2018

Deputy Prime Minister Peter Turnquest fired back at the opposition after PLP leader Phillip Davis described growth within the last fiscal year as “anemic”.  Mr Turnquest says,  “It is laughable that an opposition that oversaw a massive run up in debt over the last five years would have the nerve, the gall to stand before […]

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Labour Day Carnage

04 June 2018

The nation mourns after   what is being called ”a  senseless   lapse” on the part of a truck driver  that resulted in the deaths of four women and  caused  scores of  casualties on Labour Day this  past Friday. The jubilation of  participants in the Labour day parade  soon turned into grief  shortly after  10 […]

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Chinese Nationals Detained On Drug Charges

04 June 2018

Four Chinese nationals along with one Ecuadorian were  charged with possession of drugs with the intent to supply last Thursday. Standing before Deputy Chief Magistrate Subusola Swain, all of the Defendants pleaded not guilty and were  remanded to The Bahamas Department of Corrections until August 7th. Among the Chinese nationals were two juvenile; Ziyi Dang […]

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