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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 […]

Centurion Scholarship Fund launched

05 December 2017

The celebrations of Olympian and philanthropist Sir Durward Knowles’ birthday continued yesterday with his alma mater Queens College hosting a celebratory assembly. Sir  Durward’s   contributions to the school and the nation were commemorated by a newly constructed monument on the school’s property. Also in his honour,  the school launched the Sir Durward Knowles centenary […]

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FINANCE MINISTER ADDRESSES OBSTACLES TO GROWTH

05 December 2017

How does one achieve the desired degree of fiscal adjustment and anchor the credibility of government’s budget policies, so that the gains can be sustained over the medium term? Finance  Minister K. Peter Turnquest posed this question to the participants of a seminar held at the British Colonial Hilton Hotel during his opening remarks yesterday […]

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UB begins “Centers Of Excellence”

05 December 2017

Centers of Excellence being developed at The University of The Bahamas are going to be critical in nation-building and in  the diversification of the Bahamian economy, according to the University’s President, Doctor Rodney Smith. While appearing as a guest on the Love 97/JCN radio and television program “Jones and Company”,  Dr. Smith cited “centers of […]

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RBPF sees downward trend in crime

05 December 2017

Police presence will be increased day, night, weekly and around the clock, Senior Assistant Commissioner of Police (ACP) Stephen Dean told the media yesterday. With Christmas only 20 days away,  The Royal Bahamas Police Force (RBPF) wants to ensure Bahamians they will be prevalent during this Christmas Season as police presence will be increased. In […]

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AG ACCUSES PLP OF “ RACE-BAITING”

05 December 2017

Leader of Government Business in the Senate and Attorney General  Carl Bethel, has accused the opposition  Progressive Liberal Party of intimidating the Bahamian people with their “tired old tactics,” creating irrational fear and scaremongering. “I must observe that the debate in social circles has, in my view, been reduced to an exercise in race baiting, […]

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BAHAMAS BUILDS CAPACITY FOR HURRICANES

05 December 2017

It’ s been just one week since the hurricane season closed and yesterday regional entities of the Caribbean Disaster Emergency Management Agency (CDEMA) opened the 10th Caribbean Conference on Disaster Management to discuss how to build more disaster resilient countries. The  (CDEMA) conference is focused on what should be done to lessen the impact of […]

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Fred Smith 2

LAWYER THROWN OUT

05 December 2017

A chaotic scene developed at the Carmichael Detention Center yesterday morning following a brief standoff between Immigration officers and Rights Bahamas President and Human Rights attorney Fred Smith, that ultimately led to the Queen’s Counsel being forcibly removed from the Center. The incident  took place shortly before 11:00am  as Mr. Smith came to see his […]

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Grouper Season Closed

04 December 2017

The Bahamas Reef Environment Educational Foundation (BREEF) is calling on citizens to respect the closed season and choose an alternative during the spawning period. The annual Nassau grouper closed season began December 1st and runs until February 28, 2018. In a statement the group said it is critically important that the closed season continues from […]

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PM Minnis Welcomes Criticism

04 December 2017

The Prime Minister Dr. Hubert Minnis has said he is open to constructive criticism admitting that he has made some mistakes in his short tenure as Prime Minister. Dr. Minnis has been under the gun over the past few months mainly due to his immigration ultimatum and most recently the passing of the Commercial Enterprises […]

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PM Says Diversification Will Grow Economy

04 December 2017

Combatting the recent backlash surrounding the passing of the Commercial Enterprises Brill, Prime Minister Dr. Hubert Minnis has said diversification will grow the economy. In a statement released yesterday Dr. Minnis said the Commercial Enterprises Bill is designed to attract both local and international investment to The Bahamas in job sectors that do not currently […]

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