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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 […]

BTVI Receives $30,000 ALIV Sponsorship

04 May 2017

Bahamas Technical and Vocational Institute (BTVI) is set to receive $30,000 in sponsorship from the ALIV company, a three-year partnership that will assist the institution with its commencement exercises beginning this month. At a contract signing yesterday, at the ALIV headquarters, Chief ALIV Officer Damian Blackburn spoke of the initiative and what it means for […]

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Commodore Bethel Heads Largest RBDF Promotion Exercise

03 May 2017

The Minister of National Security Dr. Bernard J. Nottage confirmed on May 2, 2017 the appointment of Captain Tellis A. Bethel as commodore of the Royal Bahamas Defence Force (RBDF). Commodore Bethel’s position becomes retroactive as of March 2015, when he assumed responsibilities as acting commander of the defence force. Captain Samuel Evans was appointed […]

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Roberts: Ingraham’s Allegation of ‘Stolen’ $860K, ‘False’

03 May 2017

Progressive Liberal Party (PLP) Chairman Bradley Roberts said yesterday that former Prime Minister Hubert Ingraham’s allegation that more than $800,000 was stolen from the Ministry of Finance is false.   Mr. Roberts made this comment in response to remarks made by the former prime minister during the Free National Movement’s (FNM) rally on Monday night […]

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HMBS Nassau Docks at Defence Force Base

03 May 2017

Having completed a major refit, one additional Royal Bahamas Defence Force patrol craft is now ready for action. After undergoing extensive maintenance and repairs overseas at the Maaskant Shipyards in Stellendam, Holland for eight months, Her Majesty’s Bahamian Ship Nassau docked at the Defence Force Base for the first time under the command of Commander […]

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Govt and Carnival Sign Agreement for GB Port

03 May 2017

The Government of The Bahamas and Carnival Cruise Lines officially signed a heads of agreement for a $200 million development of a new cruise port in the East Grand Bahama Cruise Port Development project yesterday at the Grand Bahama Lucayan Hotel. The multi-million dollar redevelopment of Grand Bahama comes in the aftermath of Hurricane Matthew, […]

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Ingraham Charge Unfounded

03 May 2017

The Ministry of Finance claims that there is no evidence of $860,700 in missing or stolen funds, which former Prime Minister Hubert Ingraham alleged was misplaced by the government.   The Ministry of Finance issued a statement yesterday noting that there should be evidence to back Mr. Ingraham’s allegation and he should provide it.   […]

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Dames: Bahamians Should be Proud of Junkanoo Carnival

03 May 2017

Just a day ahead of the third installment of Bahamas Junkanoo Carnival (BJC), Festival Commission CEO Roscoe Dames would like naysayers to know that carnival is an investment that all Bahamians should be proud of.   “This is an investment in us as a people and you can hear from Bunji and Machel that the […]

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Hundreds to Vote in Advance Poll

03 May 2017

Hundreds of Bahamians are expected to cast their votes today in the advance poll at the Kendal G.L. Isaacs Gymnasium.   Individuals expected to vote today include members of the Royal Bahamas Police Force, the Royal Bahamas Defense Force, the electoral workers, and individuals who have a valid excuse as to why they would not […]

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POP For Lupus Awareness

02 May 2017

With May being recognized as Lupus Awareness Month around the world, the local support group known as Lupus 242 is set to host a series of events and activities that is anticipated to raise awareness of the disease that plagues many Bahamians.   Being in its fifth year, the group pushes issues associated with lupus […]

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“Minnis Talking Fool on Baha Mar Deal,” Says Bell

02 May 2017

Progressive Liberal Party (PLP) candidate for Carmichael Keith Bell said FNM Leader Dr. Hubert Minnis is “talking fool” in his critical response to the government’s new heads of agreement (HOA) with Baha Mar.   Bell made this comment in a statement yesterday, where he explained that Dr. Minnis “is desperately unhappy that something this big […]

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