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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 […]

“Budget for the Rich, Not the Poor,” Says Mortimer

06 June 2017

“The Rich People’s Budget,” is what Deputy Leader of the Democratic National Alliance (DNA) Chris Mortimer is calling the 2017/2018 Fiscal Budget revealed by Minister of Finance Peter Turnquest last Wednesday in the House of Assembly. In a press release yesterday, Mr. Mortimer said the Free National Movement (FNM) backed away from its pledge to […]

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Trade Unionist Dies at 80

06 June 2017

Alexander Thompson, a trade unionist who served The Bahamas with great distinction, died last Wednesday at the age of 80 following a long illness. Minister of Labour Dion Foulkes extended condolences to Mr. Thompson’s family on behalf of the government. Mr. Foulkes said Mr. Thompson fought tirelessly for Bahamian workers and The Bahamas has lost […]

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GB Teen Stabbed to Death

01 June 2017

A 16-year-old boy died shortly after being discovered by police in Grand Bahama on Monday. According to police reports, shortly before 6 p.m. on Monday, officers responded to a call that led them to Hanna Hill, Eight Mile Rock where the teen was found with an apparent stab wound to his body. He was transported […]

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01 June 2017

An unknown man is in police custody following his arrest and being found with a nine millimeter pistol with six rounds of ammunition hidden in his pants. According to police reports, around 1:30 p.m. on Tuesday officers assigned to the Drug Enforcement Unit, were on routine patrol on Linkford Close, off Fire Trail Road when […]

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New Tax Exemptions

01 June 2017

In keeping with its commitment to assist Bahamians and business owners alike by reducing and eliminating some of the taxes placed on a variety of items, Deputy Prime Minister and Minister of Finance Peter Turnquest revealed those proposed tax exemptions by the government during yesterday’s 2017/2018 Budget Communication. Mr. Turnquest however noted that the extent […]

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Govt Committed to Financial Restoration

01 June 2017

Deputy Prime Minister and Minister of Finance K. Peter Turnquest said while the government’s transformational growth agenda is visionary and critical to the creation of a better future for Bahamian citizens, the very grave condition of the nation’s public finances mandates that it gives the utmost priority to getting its fiscal house in order. “That […]

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Opposition Calls Budget ‘Political Bashing’

01 June 2017

Opposition Leader Philip Davis yesterday charged that the government’s budget communication was used as a forum for “political bashing and biased posturing” against the former Progressive Liberal Party (PLP) government. Mr. Davis insisted that the communication appeared to offer no hope for the poor and by extension, the future. The Opposition leader’s sentiments came during […]

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Health Minister to Examine the Working Conditions of Nursing Professionals

01 June 2017

Minister of Health Dr. Duane Sands said when the current government administration and his tenure as minister of health is examined, he will be accused of having looked at the service, conditions of service and the respect paid to nurses. “It is no question that the attendance by nurses contributes more to the perception and […]

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Press Secretary Explains Victimization Claims

31 May 2017

Despite assuming office less than a month ago, the new government has been accused of victimization with the latest claims of four executives at the National Insurance Board (NIB). During the first press briefing yesterday, Press Secretary Anthony Newbold answered questions concerning government audits and victimization. “No matter how it’s spun by the position, audits […]

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PM: New Crime Plan Expected

31 May 2017

As the murder rate increases, Prime Minister Dr. Hubert Minnis said Minister of National Security Marvin Dames is working feverishly toward the introduction of the country’s new crime plan. Prime Minister Minnis made the comments after being questioned by reporters following a tour of the National Emergency Management Agency (NEMA) on Monday morning. “He is […]

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