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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 […]

Halkitis Touts Mortgage Relief Success

03 March 2017

State Minister of Finance Michael Halkitis this week touted the success of the government’s new Mortgage Relief plan. In Parliament on Wednesday, the state minister revealed that of February 2017, six banks have been active in the programme. “We have 44 individuals enrolled among the six banks that are participating. Those are individuals who either […]

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Four Arraigned For Boatswain Hill Drug Bust

03 March 2017

Four suspects in the Boatswain Hill drug bust were arraigned in court yesterday. Forty-year-old Tiko Brown, 45-year-old Caffe Major, 32-year-old Rinto Ngadinam and 32-year-old Radjinderkoemar Bihari were all charged on two counts – possession of drugs with intent and conspiracy to possession of drugs with intent. Brown was the only one of the four who […]

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McCartney Resigns Senate

03 March 2017

Democratic National Alliance (DNA) Leader Branville McCartney has officially announced that he would step down from his Senate position appointed to by Leader of Opposition Business Loretta Butler –Turner just two months after holding the positions. According to Mr. McCartney, Mrs. Butler-Turner has unfortunately, only sown seeds of confusion since assuming her post, bringing no […]

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DNA Party: PM Offers More Harm Than Good In Office

02 March 2017

The Democratic National Alliance (DNA) calls on Prime Minister Perry Christie to “politely step down” from the country’s leadership office. DNA responds to prime minister’s action of holding up his middle finger at Mondays outdoor Branch Meeting in front of Fox Hill, St. Anne’s and Marathon Constituencies. “The time has come and gone for the […]

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Grand Bahama To Get Economic Injection

02 March 2017

Grand Bahama set to receive much needed assistance in the wake of Hurricane Matthew that left the island in a state of economic oppression according to Minister of Grand Bahama Michael Darville. Speaking with reports before Cabinet meeting on Tuesday morning, Mr. Darville noted that not only was the tourism sector affected by the storm […]

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Environment Ministry Gets Revamped

02 March 2017

The Environment and the Department of Environmental Planning and Protection will soon have its own identity, this according to Minister of Environment and Housing Kenred Dorsett who noted in a press conference yesterday that a legislative draft for the establishment of the Ministry has been completed. “I am here to announce the completion of legislative […]

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“Fine Time for Christie to Entertain Questions, ”Says Minnis

02 March 2017

Free National Movement Leader Dr. Hubert Minnis yesterday suggested that Prime Minister Perry Christie is now entertaining questions from the public only because the government’s back is against the wall. “After five years into their rule and their backs against the wall, and Bahamians have grown tired of all their empty rhetoric and broken promises; […]

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Human Trafficking Bill Making Progress

02 March 2017

Foreign Affairs Minister Fred Mitchell yesterday moved for the second reading of the bill to amend the Trafficking in Persons Act. The legislation, which was first introduced back in 2008, is in keeping with the United Nations Protocol, as it seeks to prevent, suppress and punish trafficking persons especially among children and women. The Bahamas […]

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PM Apologizes For Obscene Gesture

02 March 2017

Prime Minister Perry Christie apologized and expressed regret yesterday in the House of Assembly for that obscene “flip of the finger” gesture that took place at a Progressive Liberal Party (PLP) outdoor branch meeting Monday Night. “I really stand to express my regret. I just want to be able to say that I take responsibility […]

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Bahamians Excited For Lent

02 March 2017

It’s the first day of Lent, and Catholics as well as Anglicans from all over the capital have commemorated the day in service. With this year’s message being, “Walking with Jesus,” Bishop Drexel Gomez sent the nation a relatively timely message to be mindful in being more “Christ-like” in their actions. “This year is walking […]

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