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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 […]

Deficit Increased By $195 Mil

06 October 2017

By: LICEC BASTIAN   “They ran us into a proverbial ditch”, was the statement made by Minister of Finance and Deputy Prime Minister Peter Turnquest just after he revealed that the previous administration’s projected deficit of $100 million was false, as the current deficit now stands at $695 million, $195 million more than was projected in […]

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INMATES FEEL DE-HUMANIZED

05 October 2017

Some Inmates imprisoned at Fox Hill in New Providence feel that their basic humanity is taken away from them in the environment in which they are kept. This was revealed in a study released by The University of the Bahamas (UB) yesterday. The release of the findings of a 2016 Study of Sentenced Inmates at […]

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Plans To Grow Stopover Visitors

05 October 2017

The Minister of Tourism, Dionisio D’Aguliar said yesterday his ministry’s primary goal is to increase the number of stopover passengers.   In his address in the House of Assembly D’Aguliar said stopover passengers spend about $1,500 during their stay as opposed to cruise ship passengers who spend only $69.   “One might ask, why are […]

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Innovation Needed For Financial Services Sector

05 October 2017

For years the Financial Services Sector has been on the decline, with hard and fast facts to support this, according to President of The Bahamas Institute of Chartered Accountants, Gowon Bowe, who said that to turn things around calls for innovation. Appearing as a guest on Love 97’s show “On Point”, Mr. Bowe said that […]

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GAMING BOARD SALARIES EXCESSIVE

05 October 2017

Tourism Minister Dionisio D’Aguilar said yesterday executives of the Bahamas Gaming Board were paid large amounts of money. Speaking in the House of Assembly on a resolution to thank the Governor General for reading the speech from the Throne, Mr. D’Aguilar  said when he came into office there were four individuals being paid in excess […]

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“I’m Bahamian as Conch Salad,” says Minister

05 October 2017

Amidst public speculation of possessing two passports from two different countries, Transport and Local Government Minister Frankie Campbell during his contribution in The House yesterday sought to dispel those rumors and with evidence on hand.   “While I am not at all in any way form or fashion ashamed or embarrassed of my heritage,”   […]

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SHOOTING VICTIM DIES IN HOSPITAL

05 October 2017

Police report that a man who was shot at Ida Street on Sunday 17th September 2017, died in hospital early yesterday morning. According to reports, shortly before 6:00pm on Sunday 17th September 2017, the victim along with another male were driving in a vehicle on Ida Street, when they were approached by two male occupants […]

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PM Not Concered With Mcalpine’s Comments

04 October 2017

The Prime Minister is not occupied with comments made by Pineridge MP Reverend Frederick McAlpine who in a blistering attack on the government’s plan last week said once Dominicans experience a “better standard of living” in The Bahamas, they may not be inclined to return to their country.   This was revealed by Press Secretary […]

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Registration For Dominicans Underway

04 October 2017

Dominican students, parents and their teachers who are seeking to make use of the Bahamian educational system began officially registering yesterday.   This was revealed by Bahamas Union of Teachers president Belinda Wilson in an interview with this Journal.   Mrs. Wilson was apart of Prime Minister Dr. Hubert Minnis’ contingent during his trip to […]

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Process Begins For School Board Elections

04 October 2017

Public School Boards will see returning or new board members by the end of October when elections of School Boards take place.   Parliamentary Commissioner Philip Turner, yesterday announced that the process of electing School Board members for 2017-2020 will begin.   “Today I have the pleasure to announce the School Board elections which we […]

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