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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 […]

Mitchell: MPs Salary Increase Won’t Stop Corruption

07 November 2017

Progressive Liberal Party Chairman, Fred Mitchell, says that an increase in Members of Parliament (MP) salary will not deter corruption in public office. Mr. Mitchell’s statement  came about  as a result of Bain and Grant’s Town MP Travis Robinson’s statement that a salary increase for MP’s would stem the corruption, and that there must be […]

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RBPF working to keep guns off the streets

07 November 2017

Owners of illegal Guns roam the streets of the Bahamas and the Royal Bahamas Police Force (RBPF) has been arduously working on getting these guns off the street. Two males were taken into custody yesterday following the seizure of an illegal handgun over the weekend. Acting on intelligence, Drug Enforcement Unit Officers went Gambier Village […]

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Bahamas In “Paradise Papers” Leak

07 November 2017

The Bahamas is among 19 countries highlighted in the “Paradise Papers”,  a data leak that has shed light on several  questionable schemes regarding offshore finance throughout the world. The Bahamas is one of the premier financial centres that has a menu of financial structures that would be complimentary to any financial advisor involved in offshore […]

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DNA Leader disapproves of MPs Salary Increase

06 November 2017

To say that the Democratic National Alliance (DNA) leader Christopher Mortimer disapproves of members of the Free National Movement (FNM) receiving a pay increase is an understatement. In a statement Mr. Mortimer sent The Bahama Journal, he wrote, “Not only were the Prime Minister’s comments sickening and tone deaf, but they wreak of hypocrisy and […]

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 PM “Flip-flopping Over Increase for MPs,” Says Davis

06 November 2017

Progressive Liberal Party Leader Phillip “Brave” Davis has taken the government to task after the announcement to raise the salary of MPs in the upcoming fiscal year. In statement Mr. Davis said the government should place itself in the shoes of the thousands of jobless Bahamians, adding that this is terrible timing for the announcement […]

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Skeletal Remains Found In Bimini

06 November 2017

In a scene reminiscent of that of a horror movie,  police on the Island of Bimini are investigating the discovery of human remains that was found on the island. Reports are that shortly after 12:00pm on Friday, Officers were called to a beach near the East Wells area on North Bimini, where a human skeletal […]

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Cooper Hits Out At Robinson Over “Janitor” Comments

06 November 2017

Progressive Liberal Party Deputy Leader Chester Cooper has blasted Free National Movement MP Travis Robinson over comments he made last week after it was announced that Members of Parliament will be receiving a raise in the next fiscal year. In an interview  last week Robinson asserted that pay raise was well deserved as he shared […]

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Emera seeks to attain shares of ICD Utilities Limited

06 November 2017

Outspoken Queens Counsel,  Fred Smith, is  questioning  Emera International’s endeavour to attain all remaining shares of ICD Utilities (ICDU) Limited. “What is it to stop Emera International in five or ten years redeeming the depository receipts from the Bahamian shareholders, just like Grand Bahama (GB) Power is right now redeeming $15 million of the $35 […]

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Lung Cancer On The Increase

06 November 2017

In another 10 to 15 years, many more people will  fall  victim to lung cancer as the number of cigarette smokers have increased over the years,  according to Dr. Darius Unwala. The  board member of the Cancer Society of The Bahamas, Dr. Unwala said that although the risk factor for lung cancer is often times […]

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Hotel Union Says Former AG’s Abused Office

06 November 2017

The Bahamas Hotel Maintenance and  Allied Workers Union has reiterated the position of Golden Gates MP Michael Foulkes who last week said former Attorney General Allyson Maynard- Gibson abused her position while in office. During his contribution in the House last week  Mr.  Foulkes stated, that   Mrs.  Maynard Gibson abused her authority as Attorney […]

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