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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 […]

JUDGE GRANTS HABEAS CORPUS

08 December 2017

Supreme Court Justice Mr. Gregory Hilton yesterday granted application for a writ of Habeas Corpus in a case brought by Queen’s Counsel Fred Smith against The Carmichael Detention Center and the Immigration Department.   Mr. Smith was escorted off the property of The Carmichael Detention Center on Monday after attempting to see his client, Jean […]

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Senate Approves Financial Bills

08 December 2017

The Senate yesterday passed the compendium of bills to provide for compliance by The Bahamas with international standards in financial services.   Mirroring the contributions coming out of the lower chamber, the opposition supported the bills passed in the house of assembly on Wednesday.   Leading the opposition’s contribution on the bills was Senator Dr. […]

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BAHA MAR ACQUISITION COMPLETED

08 December 2017

Chow Tai Fook Enterprises Limited (CTFE) has completed the acquisition of Baha Mar, the premier integrated resort destination located on Cable Beach.   CTFE is a leading global conglomerate with a diversified business portfolio, and its affiliates, are now the sole owner of Baha Mar.  The Company announced yesterday that Baha Mar has received its permanent […]

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PLP’S DISGUSTED BY PM COMMENTS

08 December 2017

Two Progressive Liberal Party (PLP) Senators expressed disgust yesterday on comments made by the Prime Minister.   PLP Senators Dr. Michael Darville and Fred Mitchell both took issue with the Prime Minister’s comments when he blamed the former government for the financial services sector being in deeper trouble than anticipated.   Both Senators Darville and […]

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Rights Bahamas Says Fire Immigration Minister and Director

07 December 2017

Rights Bahamas is calling on Prime Minister Dr. Hubert Minnis to fire his Minister of Immigration, Brent Symonette and the Director of Immigration Williiam Pratt. The Human Rights group says both men “must be recognized as the purveyors of human misery and injustice.” Rights Bahamas says that Jean Rony Jean-Charles, a client of our president, […]

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SANITATION WORKERS PROTEST HAZARDOUS CONDITIONS

07 December 2017

Employees of Bahamas Waste Limited have registered a litany of complaints on hazardous working conditions which are injurious to their health and safety. During a Press Conference at The House of Labour, one employes said, “every day we leave the yard at 3am or 5am, we’re at risk. When we pull up to garbage bins, […]

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Man Remanded For Murder

07 December 2017

A 32-year-old man was arraigned in Magistrate’s Court for the alleged shooting death of 34-year-old Antoine Pierre. Appearing before Deputy Chief Magistrate Andrew Forbes, Brisson Jean was formally charged with the September 2, 2016 murder of Pierre. According to l police reports, Pierre who was shot multiple times in the Union Village area on Friday, […]

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Bahamas Spared Blacklist Gov’t Takes measures

07 December 2017

The Bahama has been spared being blacklisted by the European Union, although five Caribbean countries have not been able to avoid the blacklist of tax havens that are not compliant with the EU standards. Countries like Barbados, Grenada, Panama, Saint Lucia, and Trinidad and Tobago were among those black- listed. However, due to the damage, […]

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Bain Town MP DEFENDS Innocence

07 December 2017

Bain and Grants Town Member of Parliament Travis Robinson yesterday said allegations on social media that he committed extortion are absolutely false. Robinson said he did not commit any such crime and the that there is no merit to those comments. “Those comments are totally fabricated. “I continue to work hard for the people in my […]

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Defence Force Officer Among Three On Gun Charges

07 December 2017

Three men were remanded to The Bahamas Department of Corrections yesterday on firearm charges, including a Royal Bahamas Defence Force Officer. Arraigned in Magistrate’s Court yesterday, before Deputy Chief Magistrate Andrew Forbes, on separate charges, the men were charged with one count of possession of an unlicensed firearm and one count of possession of ammunition. […]

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