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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 […]

Bain and Grants Town Library Receives Books

14 December 2017

Representatives of The Bain and Grants Town Library and Museum have received several books donated by Jones Communications Network (JCN) to enhance its library and museum. Chief Executive Officer of JCN, Wendall Jones, said that the books donated present a wealth of knowledge. “On behalf of the management of Jones Communications, we are pleased to […]

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The Rise of Legal Intimidation In The Bahamas

13 December 2017

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, the links to unsavory characters, the use of the courts for personal agendas, the involvement of a political party, and the attacks on the Government of The […]

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Bannister: Gov’t Working On Ragged Island

13 December 2017

The Minister of Works, Desmond Bannister, yesterday responded to claims made by Ragged Island MP that the government is working too slowly to repair that island.   Following hurricane Irma, Ragged Island’s damages included a completely destroyed airport, flattened homes, downed power lines, uprooted vegetation and animal carcasses everywhere.   The island which was declared […]

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RBDF ON HIGH ALERT

13 December 2017

The Royal Bahamas Defence (RBDF) as well as Immigration Officials on high alert this winter anticipating a higher influx of illegal migrants, smugglers and trafficking. According to Commodore of the RBDF, Tellis Bethel the level of desperation and determination of illegal migrants has increased. “When you’re dealing with smugglers and criminal entities these are thinking […]

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POST OFFICE IMPROVEMENTS UNDERWAY

13 December 2017

The General Post Office employees can look forward to returning back to work as early as next week, Transport and Local Government Minister, Frankie Campbell yesterday told the media.   Mold remediation, general cleaning, removal of carpeting and replacing them with tiles are all on the agenda to restore the Post Office back to favourable […]

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FNM Chairman Bashes PLP For Lack Of Growth ”Over The Hill”

13 December 2017

Free National Chairman Carl Culmer has hit out at the Progressive Liberal Party for what he called a lack of development of inner city communities during their time in office.   Mr. Culmer’s comments came in a statement as he touted initiatives announced by Prime Minister Dr. Hubert Minnis this month that are expected to […]

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Bahamas Faces Money Laundering/Smuggling Threats

13 December 2017

The Bahamas continues to face significant money laundering and smuggling threats. This according to a summary report which The Central Bank of the Bahamas has released on money laundering and terrorist financing national risk assessment (NRA) for the country. This comes on the heels of the country recently being spared from the European union’s daunted […]

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FAO Partners with Gov’t

12 December 2017

With more than 4,000 students in the public school sector going without lunch on a daily basis, and while Operating with a budget of $3.29 million, The Ministry of Education, along with several other government agencies, including the Ministry of Agriculture, launched its National School Lunch Programme during a two-day workshop with the Food and […]

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Consumer Commission warns shoppers

12 December 2017

As persons  spend their money on  loved ones this Christmas season, some consumers often pay no attention to prices as they spend their money. Chairman of  The Consumer Protection Commission, Philip Beneby  has  offered some economic and efficient holiday shopping tips, as this is the busiest time of the year for shoppers and retailers. Addressing […]

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“PEOPLE ARE HURTING”—Charities under seige

12 December 2017

In a stagnant  economy, with  a moratorium on hiring and the constant layoffs  of workers have  all been contributing factors to the hard  economic times for many Bahamians.  Due to this,  local charities and shelters have all seen an increase in numbers of persons needing assistance, particularly this Christmas season. “Over the last couple of […]

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