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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 […]

National Exams Postponed

26 March 2020

Tyler Symonette, Journal Staff Writer Although the 2020 International General Certificate of Secondary Education (IGCSE) examinations have been canceled globally, the Ministry of Education (MOE) said this does not affect national examinations in The Bahamas which are only postponed. The Cambridge Assessment International Education (CAIE) announced the cancelation of the IGCSE due to the uncertainty […]

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‘Country has Enough Resources to Enforce Curfew’

26 March 2020

Laurencia I.A. Smith, Journal Staff Writer Attorney General Carl Bethel said The Bahamas has sufficient police and military resources to enforce the 24-hour curfew that’s needed to contain the spread of COVID-19 in the country. The Royal Bahamas Police Force and the Royal Bahamas Defence Force are not the only law enforcement agencies patrolling the […]

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Bahamasair Uncertain Over Employment

26 March 2020

Cherika Johnson, Journal Staff Writer Bahamasair Managing Director Tracy Cooper said if the emergency order is extended beyond March 31, the company, which is already struggling after Hurricane Dorian, remains uncertain on staff employment. “Related to employees, COVID-19 is affecting the whole world. It’s a pandemic at this point and by extension The Bahamas as […]

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Minister of Health Dr. Duane Sands Addresses COVID-19 Update Press Conference

Fifth COVID-19 Case

25 March 2020

GB Woman Tests Positive for Virus Laurencia I.A. Smith, Journal Staff Writer A woman who tested positive for the coronavirus in Grand Bahama is confirmed as the fifth case of COVID-19 in The Bahamas, according to Minister of Health Dr. Duane Sands. Dr. Sands announced the fifth confirmed case yesterday during a press conference at […]

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DPM Predicts ‘Sharp Recession’

25 March 2020

Laurencia I.A. Smith, Journal Staff Writer Deputy Prime Minister and Minister of Finance Peter Turnquest predicted that COVID-19 will cause a sharp recession. “This is going to be a difficult time for us. Our worst case scenario up to this point showed us that somewhere around a billion dollars in loss into the economy with […]

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Attorney-General-Carl-Bethel-BFSB-Briefing

AG Warns of Possible Curfew Extension

25 March 2020

Laurencia I.A. Smith, Journal Staff Writer The curfew may be extended for an additional 30 days, according to Attorney General Carl Bethel. Bethel told reporters of the possible curfew extension yesterday before entering the weekly Cabinet meeting. Currently, the country is on a 24-hour lockdown to help combat the spread of COVID-19. “The strong advice […]

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‘Social Distancing is No Joke’

25 March 2020

Tyler Symonette, Journal Staff Writer Progressive Liberal Party (PLP) Chairman Fred Mitchell condemned beach-goers and urged Bahamians to not take social distancing “as a joke.” Recently, videos and pictures circulated social media of large groups of Bahamians gathering on a beach, the direct opposite of the social distancing protocol the government has implemented to curb […]

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DEHS Disinfects Streets to Fight COVID-19

25 March 2020

Tyler Symonette, Journal Staff Writer A disinfecting exercise has been implemented by the Department of Environmental Health Services (DEHS) to prevent the spread of COVID-19. Melony Mckenzie, director of DEHS, said the cleaning of visibly dirty surfaces such as roads and sidewalks, followed by the use of a disinfectant is one of the best practices […]

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Prime Minister Minnis - National Address-Emergency Orders 2 - March 23, 2020

Curfew Intensifies to 24-Hours

24 March 2020

Prime Minister Dr. Hubert Minnis announced additional and extraordinary emergency measures to prevent the spread of COVID-19 which include a 24-hour curfew. The new measures are outlined in the new Emergency Powers COVID-19 (No.2) Order which was announced by Dr. Minnis yesterday during his televised national address. “A curfew is imposed every day for 24 […]

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‘COVID-19 Could Lead to Recession’

24 March 2020

Fidelity Bank and Trust Chief Financial Officer Gowon Bowe said if the covid-19 situation continues for six months, The Bahamas can expect an economic recession. Last week, Deputy Prime Minister and Finance Minister Peter Turnquest said the country is already starting to feel the impact of covid-19 as cruise ship arrivals are on a 30-day […]

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