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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 […]

FINANCIAL LITERACY CAMPAIGN LAUNCHED

02 May 2018

The Central Bank of The Bahamas in collaboration with the Clearing Banks Association yesterday launched  the “Get Money Smart Bahamas” Campaign.  The idea for this initiative stemmed from a recent survey which revealed that Bahamians do not  understand how to effectively manage their funds.  The Campaign aims to promote financial literacy throughout the nation.  Central […]

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BEWU TO SETTLE DIFFERENCES AT BPL

02 May 2018

Bahamas Electrical Workers Union (BEWU) President, Paul Maynard, said he is optimistic that they’ll work out their issues in Thursday’s sit down with Bahamas Power and Light  (BPL)  executives. This after Public Works Minister, Desmond Bannister, last week admonished the union and BPL executives to settle their differences.  Angered by management’s decision to reduce BPL […]

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NATIONAL NEIGHBOURHOOD WATCH LAUNCHED

02 May 2018

The Ministry of National Security on Monday, officially launched its National Neighbourhood Watch Council (NNWC) at the Paul Farquharson Conference Centre – an initiative to oversee and promote neighbourhood watch activities throughout Bahamian communities.  Prime Minister, Dr. Hubert Minnis, delivered the keynote address and stressed the importance of a relationship between the police and the […]

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SHANTYTOWN SURVEYS COMPLETED

02 May 2018

Shantytown surveys are completed and the information is now in the hands of the Department of Statistics, according to Chairman of the Shantytown Committee, Labour Minister  Dion Foulkes.  Mr.Foulkes who’s eyeing a possible May 9th deadline to have the report in hand, said he has some preliminary results, however, only about 80 per cent.  He […]

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“JUDICIARY NO LONGER INDEPENDENT”, SAYS QC

30 April 2018

Freeport based Queens Counsel Maurice Glinton says  without a substantive Chief  Justice appointed, the Judiciary branch no longer serves as an independent branch of government.   Mr. Glinton has joined a large number of the members of The Bahamas Bar Association  who are agitating for  Prime Minister Doctor Hubert Minnis to  make the appointment under  the […]

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“ Spy Bill must not see the light,” Says Rights Bahamas

30 April 2018

Rights Bahamas once again urges the FNM government in the strongest of terms to permanently shelf its invasive and oppressive Spy Bill.  In a statement released yesterday, Rights Bahamas said, the citizens of the Bahamas, who cherish their freedom and jealousy guard their fundamental rights, do not need clandestine spy agencies invading their privacy. The […]

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ROBERTS LASHES GOV’T ONE YEAR RECORD

30 April 2018

With the Minnis Administration’s one-year anniversary on the horizon, former Minister of Works Bradley Roberts expressed some of his major concerns this weekend as he called the Prime Minister a “dishonest bafoon”. Mr. Roberts outlined in a statement issued yesterday the government’s “corrupt” dealings with Oban where convicted felon Peter Kreiger signed for Satpal Dhunna […]

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HOMICIDE IN ABACO, MANY SHOOTINGS IN NASSAU

30 April 2018

Investigations are ongoing into a  shooting incident   in Abaco that’s left a man in his early 20s dead Friday night.  The  victim  is Perez Dames, a young man who moved to the island only a few months  ago. Police say they were called to the area of Charles Sawyer Highway after 9pm,  they met […]

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NATIONAL SECURITY MINISTER UNDERSCORES NEW THREATS

30 April 2018

“We are safer today than we were yesterday, but the threats of tomorrow are different”,  said National Security Minister Marvin Dames. In  an  address at the CEO Network conference,  Mr. Dames mentioned that illegal arms trafficking generates approximately $1 billion annually, cocaine generates an estimated $85 billion and human trafficking an estimated $23 billion annually. […]

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BISHOP HALL COMMENDS POLICE

30 April 2018

The police are getting high marks from a Baptist Bishop,  Reverend Doctor Simeon Hall Pastor  who  has applauded the police for the reduction in murders so far this year. He said, “I commend the Minister of National Security The Honorable Marvin Dames and the Commissioner of Police Mr. Anthony Ferguson for this significant step in […]

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