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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 […]

Marvin Dames Cabinet _5680

Police Probe Govt Ministries

21 June 2017

Minister of National Security Marvin Dames said perpetrators responsible for the waste of millions of dollars in various ministries, no matter who they are, if found guilty will be brought to justice. Speaking to reporters outside of Cabinet yesterday morning, Mr. Dames said the commissioner of police has indicated that given the growing number of […]

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‘Take Precautions to Prevent Zika’

21 June 2017

Just 18 months after the epidemic became a global concern, Brazil announced the end of its public health emergency over Zika last month however, according to Health Minister Dr. Duane Sands the same could not be said for The Bahamas. In fact, Dr. Sands told reporters outside Cabinet recently that Bahamians should take the necessary […]

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Former Govt Lost $32 Million

21 June 2017

Prime Minister Dr. Hubert Minnis said the former Progressive Liberal Party administration “cost the country” more than $32 million in potential insurance payouts from Hurricane Matthew because of gross incompetence.   The payout would have been the biggest ever given out by the Caribbean Catastrophe Risk Insurance Facility (CCRIF). Delivering his contribution to the 2017-2018 […]

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$3 Million to Repair Customs Warehouse

21 June 2017

It will cost the government $3 million to repair the Customs warehouse that was burglarized earlier this month. This figure was revealed yesterday at a press briefing at the Office of the Prime Minister by Press Secretary Anthony “Ace” Newbold, who said besides the hefty price tag, the government has to worry about relocation and […]

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Highlights from the House of Assembly - 4

“Budget Lacks Vision,” Says Davis

20 June 2017

Opposition Leader Philip Davis scolded the government’s fiscal plans yesterday, while painting a picture clearly opposed to the one that Prime Minister Dr. Hubert Minnis presented when the House of Assembly opened last month. During the wrap-up of the Progressive Liberal Party’s (PLP) contribution to the debate on the 2017/2018 Budget Communication in the House […]

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‘NAD’s Board Members Resigned’

20 June 2017

The war of words of the perceived “political interference” of a tenant who owed over $3 million at the Lynden Pindling International Airport continued yesterday in the House of Assembly. Reading a copy of former Nassau Airport Development (NAD) Chairman Anthony Mckinney’s resignation letter in the House of Assembly Monday morning was former Minister of […]

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Pintard Wants Solution for ‘Stateless Youth’

20 June 2017

Minister of Youth, Sports and Culture Michael Pintard made an impassioned plea in the House of Assembly yesterday and urged his parliamentary colleagues to recognize the importance of reaching out to marginalized and disenfranchised young persons in the country. Mr. Pintard’s comments came during his contribution to the 2017/2018 Budget Communication debate in the House […]

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Bahamians Safe after London Attack

20 June 2017

All Bahamians employed at government offices are accounted for and unaffected following the recent terrorist attack in London. The Ministry of Foreign Affairs gave this update on Monday after The Bahamas High Commission in the United Kingdom confirmed the safety of workers at the High Commission, The Bahamas Maritime Authority and The Bahamas Tourist Office. […]

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BTC and BCCEC Prepare Businesses for Hurricane Season

20 June 2017

The hurricane season has begun and the Bahamas Telecommunications Company (BTC) alongside the Bahamas Chamber of Commerce and Employers’ Confederation (BCCEC) are urging business owners to technologically prepare their businesses for the worst. A one-day workshop sponsored by BTC in partnership with the BCC will allow business owners to set up systems wherein they can […]

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RBDF Officers Freed of Drug Charges

20 June 2017

Two Royal Bahamas Defence Force (RBDF) officers were freed following their arraignment in separate matters on drug possession charges in the Magistrate’s Court yesterday. Marine Frederick Clarke, 25, appeared in court before Magistrate Andrew Forbes along with 27-year-old Leslie Minns, of Johnson Road, for one count of possession of dangerous drugs, Indian hemp. According to […]

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