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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 […]

Body of Dr. Bernard Nottage (1)

Parliamentarians Pay Respects- – -Funeral Service for Dr. Nottage Today at St. Agnes

14 July 2017

Government officials viewed the body of former Cabinet minister Dr. Bernard Nottage yesterday at the House of Assembly where the body lay in state until time for the official funeral at St. Agnes Anglican Church, which begins at 11 a.m. today. Parliamentarians who gathered to view Dr. Nottage’s body and sign the book of condolences […]

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GB Stabbing Leaves Man Hospitalized

13 July 2017

A man was left in serious condition following a stabbing incident in Grand Bahama on Tuesday. According to police, the victim was stabbed multiple times with a knife while at a residence in the area of Frobisher Drive. He was transported to the Rand Memorial Hospital in a private vehicle where he was seen by […]

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PLPs Pay Tribute to Dr. Nottage

13 July 2017

Days before he will officially be laid to rest, the Progressive Liberal Party (PLP) held a special memorial at its headquarters on Tuesday night for former Cabinet minister Dr. Bernard Nottage. Among those who viewed the body of the late Dr. Nottage were former Prime Minister Perry Christie and his wife Bernadette Christie, PLP Leader […]

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$2.7 Million Drug Bust on Boat Leaving Nassau

13 July 2017

Five people have been arrested in Miami yesterday in connection with a multi-million dollar drug bust involving a vessel that headed out of Nassau. Up to last night, no identities had been revealed. U.S. reports indicate that U.S. Customs and Border Protection carried out a routine inspection and search of two vessels coming from Nassau. […]

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PM Remembers Cultural Icon

13 July 2017

The death of the Bahamas National Youth Choir (BNYC) Director Cleophas Adderley for many, including Prime Minister Dr. Hubert Minnis, is the “loss of a brilliant and beloved native son.” The prime minister yesterday reflected on the life and contributions of the cultural icon who died last Wednesday. “Though an attorney by profession, music was […]

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‘Police Walkabouts Reap Lower Crime Rates’

13 July 2017

Crime is indeed on the decline, according to Senior Assistant Commissioner of Police Stephen Dean who said walkabouts and collaborative efforts with those of the community have contributed significantly to that decrease. Senior ACP Dean and a number of senior officials were on the ground yesterday with hopes of continuing to reduce the fear of […]

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Minnis at Global Symposium - (Top Photo)

PM Wants ‘Smart Bahamas’

13 July 2017

Campaign promises of transparency and accountability in governance are still the order of the day, according to Prime Minister Dr. Hubert Minnis, who during his keynote address at the opening ceremony of the Global Symposium for Regulators GSR-17 yesterday said his government is mandated to do just that, while developing a “smart” Bahamas. Dr. Minnis […]

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Post Office Flooding Interrupts Workday

13 July 2017

With over three inches of water settled on the ground floor of the General Post Office, more than 100 employees were forced to pack up and head home yesterday before noon. According to Bahamas Public Services Union President John Pinder, employees arrived at work on Wednesday morning to find the ground floor of the building […]

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Govt Plans for Fiscal Recovery

13 July 2017

The Ministry of Finance announced that the government is moving expeditiously to address the country’s fiscal situation which has given rise to a credit rating review exercise and possible downgrade by Moody’s. A statement issued by the Ministry of Finance yesterday outlined the government’s plans to address the fiscal situation.   “These steps include the […]

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Govt Committed to Baha Mar’s Success

11 July 2017

As renewed commentary on the sale and eventual ownership of the luxury mega resort Baha Mar was sparked by its original developer Sarkis Izmirlian’s recent request that a moratorium be placed on the sale of the multi-billion dollar development, Deputy Prime Minister Peter Turnquest said the government is committed to do whatever it can to […]

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