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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 […]

Dr. Sands Praises GB Healthcare Services

27 June 2017

Minister of Health Dr. Duane Sands touted the services in healthcare exhibited on the island of Grand Bahama. His approval came as he participated in his first tour of the facilities on that island last week. “There is obviously an awful lot of activity going on in healthcare in Grand Bahama and I must say […]

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“I’m Not an FNM Senator,” Says Henfield

27 June 2017

Senator Ranard Henfield yesterday refuted notions surrounding his political affiliation with the Free National Movement (FNM) and reiterated that he is the voice of the people. Much has been made of Henfield’s appointment since it was announced in May, with detractors saying the “We March Movement” was a political ploy from the start despite the […]

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Extension Needed for GB Investments and Incentives Act

27 June 2017

State Minister for Grand Bahama Kwasi Thompson said the government has determined that an additional six-month extension is needed for further discussions about what exactly should be included in the Grand Bahama Investments and Incentives Act. The act, as it stands, mandates that the Grand Bahama Port Authority’s (GBPA) 3,500 licensees apply to Nassau for […]

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Police Not Surprised by Corruption

27 June 2017

Commissioner of Police Ellison Greenslade said he is not surprised at the growing number of corruption investigations raring their heads in the past few weeks. Noting that there are currently 11 such files under review by the police, the commissioner suggests such cases are not limited to the public sector, but the private sector as […]

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Carl Bethel - Senate

Bethel: Portions of Baha Mar Deal Remain Sealed

26 June 2017

After promising to unseal the Baha Mar deal, followed up by an announcement last Tuesday that it happened, Attorney General and Minister of Legal Affairs Carl Bethel announced in the Senate last Friday that certain portions of the deal will remain sealed. “Madam President, we are cognizant that there remain other commercially sensitive documents which […]

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Dr. Nottage Receives Medical Treatment in Florida- – Former Minister Remains Unconscious

26 June 2017

Former Minister of National Security Dr. Bernard J. Nottage was transferred by air ambulance to Florida last Thursday evening to receive medical treatment. Dr. Nottage, who is “gravely ill,” was taken to Florida after members of his family made the decision to exhaust every medical facility to treat the former Cabinet minister. Dr. Nottage is […]

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BMD Seeks Moratorium on Baha Mar Sale

26 June 2017

BMD Holdings, the investment vehicle used by Baha Mar developer Sarkis Izmirilian, has called for a moratorium on the sale of the stalled multi-billion-dollar resort. In a statement released on Sunday, BMD stated that it has reviewed the Heads of Terms regarding concessions agreed upon by the previous Government of The Bahamas, the China EXIM […]

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Adventist Clergymen Clarifies School Dispute

26 June 2017

Minister of Education Jeffrey Lloyd met on Sunday with Pastors Paul Scavella, Peter Joseph, and C. Melvin Lewis of the South Bahamas Conference of Seventh-day Adventist to discuss issues arising from the ongoing refurbishment of the Bahamas Academy school site on Wulff Road. In a statement from the Ministry of Education, it was noted that […]

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26 Arrested in Police Operation – -1,200 Rounds of Ammunition Seized

26 June 2017

Police conducted an operation in Southern New Providence early Saturday morning that led to the arrest of 26 persons and the closure of several nightclubs. The ongoing police operations are aimed at suppressing crime in a number of areas and to send a clear message to those responsible for committing criminal acts on members of […]

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FNM’s Claims Against PLP ‘All Talk’

26 June 2017

Senator Dr. Michael Darville said the Free National Movement’s (FNM) claims of corruption against the previous administration are not substantive and are simply just allegations. His comments came on Friday during his contribution to the debate on the 2017/2018 Budget Communication in the Senate. Dr. Darville, who is also the former minister for Grand Bahama, […]

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