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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 […]

THREE ACCUSED MURDERERS REMANDED

06 February 2018

Three men were remanded to the Bahamas Department of Corrections yesterday for alleged murders. Before Chief Magistrate Joyann Ferguson-Pratt was able to commence court, she was held back due to the prosecution’s absence from court, although Central Detective Unit (CDU) Officers brought the accused shackled and handcuffed. The two men accused of killing a 34 […]

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Rony Jean Charles Released

06 February 2018

Amid shouts of joy and applause from members of his family, Jean Rony Jean Charles was released from custody yesterday. The man at the center of one of the most polarizing immigration cases in recent memory is a free man albeit for now. This after Justice Gregory Hilton ruled that he be released from custody […]

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Dump Smoke Closes Schools

06 February 2018

With every assurance last Friday that the fire burning at the Landfill would be extinguished by the weekend, schools in Southwestern New Providence had to make a snap decision yesterday to close schools because of a thick blanket of smoke that engulfed the campuses. Parents of students of the St. John’s College (SJC) and H.O […]

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Million Dollar Energy Partnership

06 February 2018

A partnership between a local energy company and a U.S based company has major implications for the energy sector. Global Energy Solutions is partnering with international solar company Sybac in a move that is hailed as strategic and timely. The Memorandum Of Understanding between the two companies would provide decades of industry experience, a direct-from-factory […]

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LANDMARK CITIZENSHIP SAGA AG: Jean Charles Case To Impact Future Laws

06 February 2018

Attorney General Carl Bethel has revealed that the outcome of the Jean Rony Jean Charles citizenship saga will ultimately impact future legislation. Mr. Bethel spoke with reporters on the steps of The Supreme Court after Justice Gregory Hilton ruled that Jean Charles should be released from custody pending the full hearing of the government’s stay […]

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Peter Nygard Gave 110 Employees $10,000 Each

05 February 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 […]

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Police Probing Homicide

05 February 2018

Another homicide investigation in the capital as police are asking the public’s help for any information which can assist in solving a shooting incident which has left an adult male dead.   Shortly after 11:00pm Saturday, a male went into the southern police station with a gunshot to his body and reported that he was […]

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DEMENTIA INCREASES AMONG THE ELDERLY

05 February 2018

Dementia is among the leading ailments of the elderly in The Bahamas which often goes unnoticed.   Although there is not a specified number of the elderly population, it is projected that by 2025 there will be near 70,000 people aged 65 years and older living in the country. It is said that someone in […]

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Massachusetts Institute of Technology partners with UB

05 February 2018

The Government has invited prestigious Massachusetts Institute of Technology (MIT) to aid Bahamian students with solving real world challenges of their choosing.   This was announced by Transport and Local Government Minister Frankie Campbell   last week during the launch of the Sustainable Nassau Action Plan and Ideathon at the University of the Bahamas (UB).   […]

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Western Union Launches New “Direct-To Bank” Service

05 February 2018

Beginning February 3, for only $10, customers of Western Union (WU) will be able to go into any of its retail locations in The Bahamas with cash in hand and send funds directly to billions of accounts in more than 50 countries, including The Philippines, The United States of America, Nigeria, China and Mexico.   […]

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