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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 […]

PM Cautions Public On Labour Day Tragedy

07 June 2018

Prime Minister Dr. Hubert Minnis yesterday advised members of the public not to engage in “idle speculation” and rumors with regard to the Labour Day tragedy.  This stemmed from stories circulating on social media which suggested that driver Travis Sawyer irresponsibly left his vehicle unattended, resulting in the death of 4 women and injury of […]

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Body Found Floating In Abaco Waters

07 June 2018

The body of a man was found floating in waters near the Sandy Point Government Dock in Abaco yesterday morning.  Police on the island are now investigating the circumstances surrounding this discovery that was made shortly before 10am Wednesday.  Police in Northern Bahamas  were called to an area near the Sandy Point Government Dock, where […]

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MP Pay Increase Not an Option

07 June 2018

Pay raises for members of parliament will not be a priority this fiscal year, according to Deputy Prime Minister Peter Turnquest. Just last November, Prime Minister Dr. Hubert Minnis promised in the House of Assembly that he will push for a pay increase for members of parliament in the next budget.  Minister of Works Desmond […]

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Probe of Fatal Plane Crash Underway

07 June 2018

A team of  three  investigators from the Air Accident Investigation Department went to Rock Sound, Eleuthera  yesterday  to investigate a deadly plane  crash that has left three  male U.S citizens dead.  The aircraft was on its way to Fort Pierce Florida Tuesday  when it crashed shortly after take off, bursting into flames.  Chief Investigator of […]

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Finance Minister Says Gaming Houses Causing Hardship

07 June 2018

The Deputy Prime Minister and Minister of Finance Peter Turnquest says  Gaming Houses have  resulted in significant hardship, particularly to the family islands. The Minister told  members of the House yesterday that since the legalization of gaming houses, around some $3 billion dollars have been gambled and that it is estimated that these business persons […]

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Shared Sacrifice

07 June 2018

Debate on the 2018/2019 budget off to a fiery start yesterday, as Deputy Prime Minister and Minister of Finance, K. Peter Turnquest, sought to give what he called the unfiltered truth; the “unsugared” reality of the country’s finances that led to the painful decision to increase value added tax (VAT) to 12 per cent. He […]

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Gov’t Secures Hurricane Insurance

07 June 2018

Deputy Prime Minister and Minister of Finance, K. Peter Turnquest, announced in The House of Assembly yesterday  the  Minnis administration’s move to secure insurance in the event of significant damage from future hurricanes through the Caribbean Catastrophic Risk Insurance Facility (CCRIF). According to the DPM, this coverage would cost $3.4 million dollars.  “CCRIF has provided […]

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“SEAWORD- ALIV”

07 June 2018

Aliv leading in support and sponsorship for yet another Bahamian event as they are the title sponsors for Creative Nassau’s “Seawords   Bahamas”. The organization is launching a festival dedicated to promoting writing as an art form, profession, and an industry with the power to bring valuable diversification to the Bahamian economy.  With  Aliv  being […]

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When Giving Up Is Not an Option

07 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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When Giving Up Is Not an Option

06 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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