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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 […]

The Business of Giving

22 May 2018

It’s not a line item in the Grand Bahama Children’s Home budget – the cost associated with ambulatory trips a disabled 13-year-old orphan periodically takes to the hospital and filling her prescriptions after. Still, those costs have to be covered. When those bills come due, the Grand Bahama Children’s Home look to donations from Bahamas […]

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“Nothing Is Ever Perfect”

18 May 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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FUNERAL DIRECTORS SEEK REGULATION

18 May 2018

The Bahamas Funeral Directors Association seeks to pass legislation for the industry to prevent untrained funeral directors from interfering with their livelihood. President Kirch Ferguson describes this issue as “disheartening,” because this not only affects business, but also overall customer satisfaction.  He said, “there’s really nothing at this time that we can do without legislation […]

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Court Examines Call logs in Smith’s trial

18 May 2018

Police Superintendent  Paul Rolle is expected  to take the witness stand soon  in the trial of former Member of Parliament Frank Smith in the Magistrates Court. Rolle who currently heads  the Anti Corruption Unit of the Royal Bahamas Police Force is  expected to testify on how the charges against Smith were brought about. In the  […]

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RIGHTS BAHAMAS VP SUPPORTS McALPINE

18 May 2018

Pineridge Member of Parliament  Frederick McAlpine is receiving some support after he was chastised by fellow party members in the Free National Movement  because of his public remarks regarding the Minnis administration and its policies.  The backlash came after McAlpine protested against the government in Rawson Square.  The MP said that all Bahamians have the […]

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Island Treasure Hunt Reveals Bahamas’ Hottest Attractions

18 May 2018

Island Treasure Hunt  reveals Bahamas’ Hottest Attractions.  A 26 year-old entrepreneur is building his tour business from the ground up,  connecting locals and tourists  vacationing on New Providence and Paradise Island with a triple dose of once in a life time experiences in The Exuma Cays.  It’s not every day one gets to frolic with […]

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SHANTY TOWN REPORT RELEASED

18 May 2018

A preliminary assessment report of  ten shanty towns in New Providence found that a total of 1,410 people reside in these communities. There  is also a total of 428 such households scattered across the capital with the largest being in the Carmichael constituency.  The report indicates that 44 per cent of the shanty town community […]

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THE BAHAMAS AND THE UNITED STATES OF AMERICA AIR TRAFFIC SERVICES MANAGEMENT MEETING

18 May 2018

The Governments of the Commonwealth of The Bahamas and the United States of America resumed negotiations on 15-16 May 2018 in Nassau, The Bahamas regarding the management of the sovereign airspace of The Bahamas. Since 1952, a portion of the air traffic through the sovereign airspace of The Bahamas has been managed by the Federal […]

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PRISON FELLOWSHIP HONOURS INMATES

18 May 2018

“Life is a journey” is a quote that many if not all the inmates  in  the Bahamas Correctional Services could live by. The  quote is the theme that the first ever prisoners journey program in the Bahamas was under. Prison Fellowship Bahamas has  honoured  73  medium, maximum and female prisoners that completed an eight-week program […]

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BPL To Be Right-sized OVER 200 WORKERS TO BE TERMINATED

17 May 2018

Since threatening a “dark and hot summer” for its tens of thousands of consumers, the line staff and managerial unions of  Bahamas Power and Light (BPL) have signed an agreement of Voluntary Separation. This became necessary as  the Board of BPL has  decided to terminate some 233 employees in an effort to right-size  the electrical […]

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