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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 […]

MINISTRY OFFERS CLARITY ON FLY-FISHING

07 May 2018

After  much controversy over fly-fishing activities, The Ministry of Agriculture and Marine Resources  is seeking to bring clarity to the ongoing public discussions concerning the Fisheries Resources (Jurisdiction and Conservation) (Flats Fishing) Regulations, 2017. As a matter of history, the government of 2007 – 2012, sought to accelerate the sustainable development of the fly-fishing industry. […]

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EU To Implements GDR In The Bahamas

07 May 2018

On May 25th, 2018, the European Union (EU) will implement its General Data Protection Regulation (GDPR) in all member states.  While the new regulations will directly impact EU countries, implementation could also affect Bahamas-based organizations conducting business with entities falling under the arc of the regulations. Sunryse Information Management, a data management firm based in […]

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Recall Of Eggs

07 May 2018

The Department of Agriculture is advising the public on the voluntary recall of eggs produced by Rose Acre Farms Hyde Country Farm. The Bahamas has been determined by The United States Food and Drug Agency (FDA) as one of the international locations the recalled eggs were distributed.  These eggs sold under multiple brand names include […]

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Haitian Nationals apprehended

07 May 2018

Two Haitian males were apprehended in the Southern Bahamas on Friday by members of The Royal Bahamas Defense Force after they failed to produce legal documents. While on routine patrol, the HMBS Kamalamee, under the command of Senior Lieutenant Valentino Rolle stopped and boarded a 45-foot Haitian sail sloop. The vessel was approximately 6 nautical […]

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THOUSANDS TURNOUT FOR CARNIVAL PARADE

07 May 2018

 The streets of New Providence were alive on Saturday  with the sights and sounds of Bahamas Carnival  as thousands turned out for the full weekend of fetes and concerts featuring the brightest stars on the international Soca scene. The highlight of the weekend’s festivities however, was undoubtedly the massive Road Fever Parade which saw carnivalists […]

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Bahamasair Adds New Flights Roundtrip Flights From Miami To Bimini

07 May 2018

In an effort to continue to take the nation’s flag carrier to new heights, Bahamasair has introduced new 60-seat round trip flights from Bimini to Miami, Florida. The launch of the new flights were commemorated with official inaugural flights on Thursday, May 4 with traditional water showers and a Junkanoo performance at both Miami International […]

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“Whenever An Attorney Seeks Legislative Changes”

07 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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“THE POINTE” NOT IN BREACH

04 May 2018

Minister of Labour Dion Foulkes  has  revealed that the principals of The Pointe  under construction on Bay Street are not in breach of the Heads of Agreement with the government.  The Minister released the findings of a workforce census into the $200m development yesterday.  There were reports that there is a disproportionate number of Chinese […]

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Over-the-Hill Initiative To Improve Commercial Activity

04 May 2018

Of the 600 to 700 businesses in the Over-the-Hill community, only 200 of them are considered formal businesses.  This was revealed  by Financial Secretary  Marlon Johnson Wednesday . This is being used  as a springboard to encourage the reintroduction of commercial activity in that community.  During a recent town hall meeting on the Over-the-Hill Community […]

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REGULATORS BUILD CAPACITY AGAINST MONEY LAUNDERING

04 May 2018

Officials from the Office of the Attorney General and Ministry of Legal Affairs and PricewaterhouseCoopers (PwC) collaborated to host a two-day Anti-Money Laundering/Countering Terrorism Financing (AML/CTF) Forensic Workshop, (May 1-2, 2018) in the Training Room of the Bahamas Customs Department, Customs House, Thompson Boulevard. An initiative of the Office of the Attorney-General and the Ministry […]

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