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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 […]

SELENA SWEETING (1)-Top Photo

NIB Manager on Bribery and Extortion Charges

15 August 2017

A former National Insurance Board employee was arraigned yesterday in the Magistrate’s Court on bribery and extortion charges.     Selena Sweeting, 56, pleaded not guilty to one count of bribery and another count of extortion, as she appeared before Chief Magistrate Joyanne Ferguson-Pratt. The particulars are that while working as a project manager at […]

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Labour Minister Reacts to Falling Unemployment

15 August 2017

Reacting to the recent Labour Force Survey which showed a decline in the unemployment rate in The Bahamas, Minister of Labour Senator Dion A. Foulkes said the statistics are reflective of the temporary and short time jobs associated with the last carnival and the general elections. Foulkes said in a statement yesterday that many of […]

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Dupuch Warns Govt of Ineffective Healthcare Spending

15 August 2017

Former Shadow Minister of Health Pierre Dupuch warned the government of its ineffective spending in the healthcare system and of its recent appointments which may inadvertently lead to regrettable conflict of interest. Mr. Dupuch warned the government in a statement last Thursday where he discussed the state of the country’s healthcare system. Mr. Dupuch noted […]

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‘Reaping The Whirlwind,’ Says Archbishop

15 August 2017

Suggesting that pragmatism has taken over The Bahamas and that morality is taking a beating, Archbishop The Most Reverend Drexel Gomez said the Bahamian society is “reaping a whirlwind” of social distress. Archbishop Gomez, who was a guest on the new Love 97 radio talk show On Point yesterday, said his recommendations made to the […]

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Bahamas Fashion Week Launched

14 August 2017

Bahamian fashion designers and models are trying to get the “piece of the pie” for the country’s first upcoming Fashion Week, which promises to showcase local and international designers. The event was launched with a press conference at Melia Nassau Beach resort on Wednesday. “For three strategically focused days, The Bahamas becomes the epicenter for […]

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Cooper Supports Govt on BOB Bailout

14 August 2017

Despite being the opposition’s spokesman for financial services, Exuma and Ragged Island MP Chester Cooper said he does not plan to take a partisan stance on the Bank of The Bahamas (BOB) bailout. In a statement yesterday, Cooper said he supports the Minnis’ administration’s move to continue the rescue of BOB through the transfer of […]

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Haitian 3

151 Haitian Migrants Apprehended

14 August 2017

A total of 151 Haitian migrants were apprehended in Bahamian waters in two separate incidents between August 9 -11. In the first incident on August 9, the U.S. Coast Guard vessel with a Defence Force shiprider on board apprehended 73 Haitian migrants aboard a freighter. Under the Comprehensive Maritime Agreement between the U.S. and The […]

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Mitchell at PLP Meeting

PLP to Protest ‘Injustices’

14 August 2017

Progressive Liberal Party (PLP) supporters are expected to hold a public demonstration to voice their frustrations over what they allege are “injustices” in regards to the arrests of several former PLP Cabinet ministers and members of parliament. This was revealed by Opposition Senator Fred Mitchell during a PLP meeting in Dundas Town, Abaco over the […]

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Man Killed By Gas Truck

14 August 2017

Officers from the Police Traffic Division are investigating the circumstances surrounding the death of a man who died following an accident that occurred on Saturday. According to police reports, shortly after 3 p.m., a man was walking on Cowpen Road near Summerset Estates, when a rolling propane gas truck that was delivering gas to a […]

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‘PLP Laid Foundation for Unemployment Decrease,’ Says Roberts

14 August 2017

Two of the more vocal figures on the opposition side have claimed that the Progressive Liberal Party (PLP) has more to do with the recent drop in unemployment than the previous administration. Progressive Liberal Party Chairman Bradley Roberts and Opposition Senator Fred Mitchell have reiterated similar claims, with the pair indicating that the previous administration […]

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