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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 […]

Paying The Price For Rudeness

22 September 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 […]

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Manpower Audit for Police

22 September 2017

Minister of National Security Marvin Dames announced that the Royal Bahamas Police Force (RBPF) is undergoing a manpower audit, which is a part of revising and reforming the underperforming anti-crime initiatives. In his address on crime in the House of Assembly on Wednesday, Dames said the success of any crime plan must include as one […]

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$340K Bimini Drug Bust

22 September 2017

Police made another major drug bust in Bimini on Wednesday evening.   According to police, officers were patrolling Kings Highway around 11 p.m. on Wednesday when they spotted a suspicious looking vehicle.   A search revealed nine nylon bags, each containing suspected marijuana.   The male occupants of the vehicle, both residents of the island, […]

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Dames: ‘Electronic Monitoring Failed Crime Fight’

22 September 2017

Minister of National Security Marvin Dames revealed that anti-crime initiatives, which includes CCTV and electronic monitoring has failed. In his address to the House of Assembly on Wednesday, Dames said for years The Bahamas has been spending millions of dollars on anti-crime programs and the acquisition of modern crime fighting tools and equipment, but based […]

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Donation to Junkanoo Groups (1)

Junkanoo Groups Get Increase in Seed Money

22 September 2017

Youth, Sports and Culture Minister Michael Pintard yesterday during the official hand over of seed money to Junkanoo group leaders and representatives said it is the aim of the Free National Movement (FNM) to expand the culture of Junkanoo and made a commitment to the groups that seed money will be given in early 2018. […]

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PLP Govt Disagreed with BPL’s Plan

22 September 2017

President of the Bahamas Electrical Workers Union (BEWU) Paul Maynard said the former Progressive Liberal Party administration disagreed with the proposed business plan which supports the termination of Bahamas Power and Light (BPL) employees. Mr. Maynard’s comments came during an interview with The Bahama Journal yesterday, where he explained that former Deputy Prime Minister Philip […]

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Complaints Filed Over Club Land’or Employees’ Salaries

22 September 2017

Formal complaints concerning the delinquent payment of salaries at Club Land’or has been filed in the Office of the Attorney General, according to Minister of Labour Senator Dion Foulkes.   Following the opening of the International Labour Organization Workshop on Wednesday, Mr. Foulkes spoke with The Bahama Journal about the current concerns with the now […]

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Residents Warned of Potential Tornadoes and Flooding

22 September 2017

The Bahamas Department of Meteorology has put residents of the southeastern islands of The Bahamas and the Turks and Caicos Islands on a high alert for possible floods as Hurricane Maria got a little stronger as it moves towards that area. “Hurricane Maria also has the potential to produce several tornadoes as it moves along […]

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Audited BPL Report Reveals Abuse

22 September 2017

Minister of Works Desmond Bannister said the audited report from Ernst and Young confirmed that Bahamas Power and Light’s (BPL) theft scandal involved a total of some 41 fraudulent cheques that were issued to 13 fictitious vendors totaling over $1.8 million.   Mr. Bannister highlighted the findings of the report in House of Assembly on […]

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CTO Launches Hurricane Relief Fund

21 September 2017

The Caribbean Tourism Organization (CTO) has activated its “CTO Relief Fund” through GoFundMe to help families and countries rebuild after hurricanes, particularly in the wake of the massive category 5 Hurricane Irma, which has impacted a number of member countries.   All of the money raised through the CTO’s Relief Fund will be sent directly to […]

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