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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 […]

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ROBERTS SAYS OUR LUCAYA SALE COLLAPSED… AGAIN  

23 April 2018

Former Minister of Works Bradley Roberts is suggesting that  the  sale of  the Our Lucaya Hotel property in Grand Bahama has collapsed. In a commentary to the Media, the former Chairman of  the Progressive Liberal Party  wrote, “It has come to my attention that the now infamous on again, off again sale of the Lucaya […]

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PM SAYS GDP IS SKEWED

23 April 2018

Prime Minister Dr. Hubert Minnis returned to the Bahamas yesterday where he said the Gross Domestic Product  (GDP)  of The Bahamas  is  skewed.  Dr. Minnis who meet the media after his return from the Commonwealth Heads of Government  Meeting in London, England, said,  “our average income would be reflected  to over $26,000, that would be […]

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BAIC EXPANDS POP UP MARKET

23 April 2018

Bahamas Agriculture and Industrial Corporation (BAIC)   is expanding  the “pop up farmer’s market” which Executive Chairman Michael Foulkes described in the House of Assembly a few weeks ago as a smashing success. Noting that Health Minister Duane Sands has been publicly campaigning to encourage Bahamians to eat vegetables and fruits, BAIC begins the pop […]

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CED PROVIDES GRANT FUNDS TO THE CARIFORUM PRIVATE SECTOR

23 April 2018

The Caribbean Export Development agency in collaboration with the European Union is preparing to provide private grant funds to the Cariforum private sector.  The firm will be informing businesses and business support organizations across the region of the application process for the Direct Assistance Grant Scheme (DAGS) over the next few months.  DAGS is a […]

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FORMER RBC EMPLOYEE STEALS $ 90K

23 April 2018

A 36-year-old single father has  confessed to stealing tens of thousands of dollars and risks  spending time in jail. After a two-plus hour delay brought on by a power outage at the Magistrate Court Complex on Nassau Street, on Friday, ex-RBC employee Traves Mackey, was charged with two counts of stealing by reason of employment, […]

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Senator Promotes Foreign investment for Grand Bahama

23 April 2018

Minister of State for Grand Bahama  Senator  Kwasi Thompson met in London, England last week  with tech companies at the Commonwealth Heads of Government Meeting (CHOGM). His intention  was  to encourage foreign investments in Grand Bahama as the government focuses on making Grand Bahama a technology hub.  Senator Thompson said, “we shared our vision with […]

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LOCAL COUPLE SHARES SOMETHING SWEET!

23 April 2018

A local married couple concocted a frozen treat to help keep Nassuvians cool in the upcoming summer months.  Pulpy, a mobile ice cream spot, is the brainchild of Shaquille and Anthonique Coleby.  Mrs. Coleby said, “ my husband is a sweet tooth. We kinda have to stop him from going for ice cream every day. […]

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STB: LNG deal must include Clifton clean-up plan 

23 April 2018

The final agreement with Shell North America for a Liquefied Natural Gas (LNG facility at Clifton Pier must include thorough remediation of the extremely polluted area and plans for a pathway to fully renewable energy, according to Save The Bays. Joseph Darville, chairman of the leading social and environmental advocacy group, said STB was alarmed […]

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Making The Best Of The Hand We Are Dealt

18 April 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 […]

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Nygard’s Roots

17 April 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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