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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 […]

Man dies in Traffic Mishap

28 May 2018

Another traffic  accident  in the capital on Saturday  morning left a man dead.  Reports said that a man driving a purple and gray Toyota Tacoma on Prince Charles drive lost control of the vehicle and collided with a tree.  The victim’s identity has not been revealed; however traffic officers continue their investigations on the matter.  […]

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UB’s largest graduation

28 May 2018

The University of The Bahamas graduated  700 students  last  Thursday – the biggest graduation at the University to date. While 700 students graduated, 900 students crossed the threshold.  The other 200 students either graduated before the spring 2018 semester or had  another class to complete in the following semester. Although the skies were overcast, that […]

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BAHAMAS PREPARES TO HOST TRADEWINDS 2018

28 May 2018

Four hundred troops from various Caribbean countries are expected to put their military training to the test as the Royal Bahamas Defense Force (RBDF) plans to host “the largest military training exercise of its kind”. Tradewinds 2018 is an annual military training exercise scheduled to be held in The Bahamas from June 14th– 21st.  The […]

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Illegal Haitian Migrants Reach Venice Bay

28 May 2018

A search is reportedly still on for illegal migrants after a Haitian sloop made landfall off Venice Bay, South New Providence after midnight Saturday.  Several Law enforcement personnel including Royal Bahamas Police and Defence Force, as well as Immigration officers were only able to capture 26 of the migrants who were on board and are […]

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“Expect Higher Taxes” – -Davis paint grim picture

28 May 2018

Opposition leader Phillip Davis is warning the public to expect increased taxes in the new 2018/ 2019 budget of  the Free National Movement government .  In a statement released yesterday, the opposition leader claimed that the public can expect an increase in the VAT rate  to offset the elimination of VAT on certain goods and […]

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Bahamians On Cocaine Charges

28 May 2018

The two men arrested on drug charges at the Grand Bahama International Airport last Tuesday have pleaded not guilty to the charges. Police say  21 year old Maleik Laing and 28 year old Arcenio McKinney  were found with tens of thousands of dollars worth of cocaine.  Drug Enforcement officers allegedly  found the drugs in three […]

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ROBERTS BLASTS GOV’T ON INCOMPLETED BUILDING

28 May 2018

Former Cabinet Bradley Roberts sounded the alarm as he labels the Free National Movement (FNM) as unaccountable, non-transparent, and dishonest. This stems from recent and past construction projects across the nation in which the general contractor or initial construction company was relieved of their duties causing the tax paying public millions of dollars.  Mr. Roberts […]

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DPM: BUDGET TO SHOW FISCAL RESPONSIBILITY

28 May 2018

Deputy Prime Minister and Minister of Finance Peter Turnquest says  when he presents  the national budget next week Wednesday, one thing you will not see in our budget is any runaway spending.  “We will spend the people’s money responsibly, in accordance with our strategic priorities and the commitments made to the Bahamian people. All of […]

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BHCAWU New President Charts New Course

28 May 2018

Newly elected president, Darrin Woods, and Team Phoenix dominated the polling charts  last Tuesday, in The Bahamas Hotel Catering and Allied Workers Union (BHCAWU) elections. Mr. Woods, now the former general secretary for the Union, said getting a registered industrial agreement is first on the agenda; their mantra, protection, empowerment, advancement and service. “A part […]

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BAHAMASAIR RESPONDS TO CRITICS

28 May 2018

Despite accusations of breaching safety protocols and evasive action, Bahamasair  has fired back  with a statement concerning “purported” events that took place onboard a Bahamasair plane last Tuesday.  The statement said that after Flight 137 took off from the Lynden Pindling International Airport, an ATR 42 encountered traffic with a Silver Airways aircraft on the […]

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