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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 […]

Shanty Town Fire Displaces Six Families

24 March 2017

Six families are left to pick up the pieces following a Shanty Town fire on an unnamed street West of Cowpen Road Wednesday night.  The blaze, which required all fire units on the island to be called in, was contained shortly after fire officials were alerted to it sometime after 8:00 p.m.   Fire Services Superintendent Walter Evans said […]

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Voters Registration Workers Robbed But Unharmed

23 March 2017

Absentee police resulted in the robbery of three female voter registration workers at the St. Barnabas Distribution Centre off Blue Hill Road Tuesday night. Police officials said the incident took place sometime after 8:00 p.m. “Three female workers were preparing to leave the Parliamentary Voters Card distribution outlet located at St. Barnabas Church Activity Center, […]

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Over $100 Mil Paid Out To Baha Mar Employees

23 March 2017

Prime Minister Perry Christie yesterday revealed that some $105.5 million has been injected into the local economy towards paying Baha Mar’s former employees and unsecured creditors. While making his contribution to the House of Assembly on Wednesday, Mr. Christie assured that the financing is also in place to fund all remaining costs to complete the […]

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Landmark Agreement With US

23 March 2017

The Ministry of Transport and Aviation signed two important documents yesterday in a ceremony at the Ministry of Foreign Affairs. The ‘Declaration of Intent on Flight Information Region’ (FIR) as well as a Radar Data Sharing agreement was signed between the government of both the United States and The Bahamas through the Federal Aviation Administration […]

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Minnis: Gov’t Can’t Give What’s Not Theirs

23 March 2017

A day after the handover of Baha Mar to its new purchaser, CTF Holdings, Free National Movement Leader Dr. Hubert Minnis yesterday charged that the government had no right handing over “a property they claim they do not own.”   “Always searching their next photo op, the PLP duly lined up for their latest staged […]

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Gov’t To Revise Labour Amendments

23 March 2017

Minister of Labour Shane Gibson indicated yesterday that there could be a few changes to the Employment and Industrial Relations Acts as early as next week.   Mr. Gibson made the revelation in the House of Assembly, when he revealed a meeting was held among Chamber of Commerce executives and the members of the National […]

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DPM: Minnis Absent From Parliament Again

23 March 2017

Deputy Prime Minister Philip Brave Davis calling out Free National Movement Leader Dr. Hubert Minnis on his absences at the House of Assembly.   “Another day in the House of the Assembly, another chair left empty by FNM leader Hubert Minnis. His latest no-show performance is a clear indication that he is avoiding all possibility […]

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Cable Bahamas Works To Restore Video Network Challenge

23 March 2017

Acknowledging the frustration of subscribers and the inconvenience of disrupted services on Tuesday evening, Cable Bahamas Limited Vice President of Marketing David Burrows released a statement yesterday morning regarding the restoration of services offering apologies on behalf.   Interruption in cable services, were blamed on service issues with Cable Bahamas’ video network, that caused outages […]

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Butler-Turner: Minnis Intimidated By My Voice

22 March 2017

Opposition Leader Loretta Butler- Turner in her quest to prove that she is the Opposition’s strongest voice, hit out at Free National Movement (FNM) Leader Dr. Hubert Minnis for attempting to lead the Opposition via press releases and campaigns.   “You cannot lead a country by press statements and through just campaigns. You have to […]

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Clinics To Receive Major Renovations

22 March 2017

As the country gears up for National Health Insurance (NHI), renovations are on the top of the list for government health facilities throughout The Bahamas.   Yesterday, some $800,000 in contracts were signed to refurbish and upgrade South Beach and Flamingo Gardens Clinics.   Contracts for the refurbishment of South Beach Health Center, valued at […]

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