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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 CHARGED FOR ANDROS DRUG BUST

03 January 2018

Three Men were arraigned yesterday in connection with the $1.6 million marijuana seizure in Andros  made Drug Enforcement Officers (DEU) made last week. Two Bahamians and One Jamaican was apprehended. 41 year old Valentino Cardo Carey and 45 years old Dwayne Forbes,  and Donovan Hart from Jamaica were arraigned  before magistrate Samuel McKinney. The three […]

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JUNKANOO CARNIVAL FUNDING AXED

03 January 2018

After almost three years of being a government supported event, Bahamas  Junkanoo Carnival’s government funding has been terminated. Minister of Youth Sports and Culture  Micheal Pintard said the move was not a hasty one, as the administration never supported the idea. “Prior to the general election,  our criticism was that when you are investing a […]

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MINISTER SEEKS RESOLUTION FOR GAMING BOARD WORKERS

03 January 2018

Gaming Board employees, 30 of them, who were terminated in December last year may soon see a brighter light at the end of the tunnel with regard to their employment, according to Bahamas Public Service Union President Kimsley Ferguson.  He  said that after a lengthy meeting with the Minister of Labour,  there will be an […]

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Grand Bahama Records First Murder of 2018

03 January 2018

Police in Grand Bahama recording its first homicide for the year on that island when police were called to a shooting incident on New Year’s night According to police reports shortly after 11 pm on Monday, police were called to Gladstone Terrace where they discovered the body of a male with gunshot wounds. The lifeless […]

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Government Approves Share Acquisition by Emera

03 January 2018

The Government of The Bahamas has  approved the acquisition of the minority shareholdings of  ICD Utilities Limited, the part-owner of Grand Bahama Power & Light Company Limited (GBPL), by Emera Caribbean Holdings Limited (ECHL). This transaction will now vest 100 per cent of the ownership of GBPL in ECHL. The Government states  that the terms […]

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Minister Mum On Pratt’s Firing

03 January 2018

Immigration Minister Brent Symonette is  remaining tight lipped on the firing of former Director of Immigration  William Pratt less than three days after the government’s immigration policy came into effect. Mr. Pratt was relieved of his duties  and was  replaced by former Chief Passport Officer Clarence Russell. This  was confirmed by Minister  Symonette in a […]

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SAXONS WINS NEW YEAR’S JUNKANOO PARADE

02 January 2018

The Shell Superstar Saxons Junkanoo Group has been declared the unofficial winner of the 2018 New Year’s Day Parade.   The parade which took place in traditional style culminated the Junkanoo year which was plagued by controversy during the 2017 Boxing Day Junkanoo parade. In second place in the adult group category was One Family, […]

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Christie Admits He Stayed “Too Long”

02 January 2018

Former Prime Minister and leader of the Progressive Liberal Party Perry Christie admitted he might have overstayed his time in politics, which may have led to the Party’s overwhelming defeat in the May 10th General Election.   Speaking candidly, Mr. Christie appeared as a guest on the Love 97/JCN Program “Jones and Company where he […]

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Christie’s Wife Refutes Allegations

02 January 2018

The wife of former Prime Minister Perry Christie, Bernadette Christie is vehemently refuting allegations of nepotism committed by her husband while in office.   She was responding to an article in a local bi- weekly that reported that her son was the real estate agent for Cross and Mosko Real Estate and Development Company when […]

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CCA Calls Izmirlian’s Suit “Baseless”

02 January 2018

China Construction America has responded to claims made by original Baha Mar developer Sarkis Izmirilian in a 259 page lawsuit filed last week. In a statement released on Friday, CCA said BML’s claims are baseless and have no merit. “The lawsuit filed by Mr. Izmirlian is a vindictive and baseless attempt to redeem his own […]

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