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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 […]

$25 Million Renovation for RIU- -Hotel Closes Temporarily

24 July 2017

Minister of Labour Dion Foulkes announced yesterday that the RIU Palace Paradise Island Hotel will close temporarily from July 24 to October 28, 2017 for a $25 million renovation. According to Foulkes, the renovation includes hotel rooms, restaurants and public spaces. “The Ministry of Labour has been in discussions with RIU and relevant parties and agencies to secure the […]

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‘PLP Hypocritical on Corruption,’ Says GBHRA

24 July 2017

The Grand Bahama Human Rights Association (GBHRA) said it is shocked and appalled by the cynical posturing of the Progressive Liberal Party in the face of an ongoing anti-corruption probe. In a statement yesterday, the GBHRA, led by Fred Smith, QC, called upon the Progressive Liberal Party (PLP) to clarify its sudden change of heart […]

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Former ACP Says Question FNM MPs

21 July 2017

Former Assistant Commissioner of Police (ACP) Paul Thompson suggested that two Free National Movement members of parliament should be investigated on corruption charges. The 90-year-old former ACP made the suggestion on Love 97’s daily talk show Issues of the Day, where he appeared as yesterday’s guest. Mr. Thompson said North Eleuthera MP Rickey Mackey should […]

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Ambassadors Sent Home

21 July 2017

Minister of Foreign Affairs Darren Henfield announced on Thursday that seven to nine ambassadors and counsel generals of the Bahamas embassy offices aboard have been recalled to Nassau. At a press conference in the Anatol Rodgers Senior High School gymnasium, Henfield reaffirmed the government’s probe “to identify any superfluous staffing.” “The Bahamas is going under […]

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Survey Reveals High Alcohol Use among Men

21 July 2017

More than 20 years later and the results of the second Bahamas National Household Drug Prevalence Survey are out and researchers have found that alcohol, tobacco and marijuana are the leading drugs of choice among people living in The Bahamas between the ages 12 and 65 years. The results were revealed at a dissemination meeting […]

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20-Year-Old Charged With Murder

21 July 2017

Another young man is behind bars following his murder arraignment yesterday in the Magistrate’s Court. Appearing before Chief Magistrate Joyanne Ferguson-Pratt, 20-year-old Diano Nixon, stood in court, charged with the recent killing of Khalif Adderley, who was walking along on Third Street, Coconut Grove, when he was allegedly shot by the accused. The Ridgeland Park […]

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Slow Passport Collection Upsets Henfield

21 July 2017

Minister of Foreign Affairs Darren Henfield is not too pleased with the rate in which Bahamians are collecting their e-passports from the Passport Office, and although he acknowledged that the location may not be as ideal, he encouraged persons to collect their documents. “I am very happy with the progress of my staff with this […]

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Govt Wants Increased Employment Opportunities and Entrepreneurship  

21 July 2017

Deputy Prime Minister and the Minister of Finance the Hon. Peter Turnquest said the government has a fundamental mandate to improve the lives of citizens and those who live in The Bahamas. “We want to create decent employment opportunities for them.  We want to ensure that they have the opportunity to become owners in their […]

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Abuse of State Power

21 July 2017

If the political “witch hunts” continue, Progressive Liberal Party Chairman Bradley Roberts wants all PLP supporters to take a stand against this corruption and “abuse of State power.” During the PLP’s National General Council meeting yesterday, Roberts made it clear that he is deeply saddened and extremely concerned about the current political “witch hunts” which […]

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Frank Smith - Court - Top Photo

Smith Expected Back in Court – -Former Senator Faces Fraud Charges

21 July 2017

Former Progressive Liberal Party (PLP) Senator Frank Smith is expected back in the Magistrate’s Court today following his adjourned arraignment. Mr. Smith appeared in the Magistrate’s Court yesterday afternoon only to find out that he would spend another night behind bars. This was due to the prosecution not being ready to proceed. As part of […]

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