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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 […]

UDP Late start to General Election

01 March 2017

United Democratic Party’s Deputy Leader (UDP), John Pinder suggests the party has a lot of catching up to do for the upcoming general elections. Mr. Pinder acknowledged yesterday that the UDP has failed to hold up its relevancy in the race for the upcoming election, but he says its due to the failed plan of […]

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Roberts: D’Aguilar Is Heartless

01 March 2017

Progressive Liberal Party (PLP) Chairman Bradley Roberts has called out Free National Movement Candidate for Freetown, businessman Dionisio D’Aguilar once again. While addressing party supporters, Mr. Roberts called the Superwash owner “heartless.” “My presence here tonight is tangible evidence of my unreserved support for the candidacies of both Fred Mitchell in Fox Hill and Jerome […]

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Minister Disappointed With Delayed Payouts

01 March 2017

Minister of Labour Shane Gibson said yesterday that there has been a delay in the payment for some 600 plus Bahamas Customs and Immigrations Officers. According to Minister Gibson, the Ministry of Finance indicated as much after explaining to him dispersing such a large sum of money is a tedious task, as officials have to […]

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GB Undergoes Environmental Safety Assessment

01 March 2017

Representatives of the Antea Group, an international Engineering and Environmental Consulting Firm from the Netherlands, spent over a week in Grand Bahama, recently. The firm, which specializes in full service solutions in the fields of environment, infrastructure and urban planning conducted investigations into environmental safety of residents within the Pinder’s Point, Lewis Yard, Hawksbill and […]

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VAT is Still a Mystery

01 March 2017

Free National Movement Leader Dr. Hubert Minnis suggested that although Bahamians are pressing for the truth in regards to value added tax (VAT), the government has failed to deliver it. “Apparently, the embattled prime minister is done explaining himself to the people that he serves.  For months, Bahamians have been asking this government for a […]

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“PM is Unstable”, says Dr. Minnis

01 March 2017

Free National Movement (FNM) Leader Dr. Hubert Minnis while renewing his call for Prime Minister Perry Christie to resign, said the nation’s leader is unstable and unfit to lead the country. These sentiments came after the prime minister on Monday night, used an obscene gesture during a Progressive Liberal Party (PLP) rally in the Fox […]

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Cabinet Ministers Back PM’s Public Gesture

01 March 2017

Education Minister Jerome Fitzgerald and Agriculture Minister V. Alfred Gray are defending Prime Minister Perry Christie’s actions yesterday after the nation’s chief “flipped a bird” on Monday night. The cabinet ministers, who spoke to reporters, said there is a thin line that too many politicians cross and that is attacking family. There were mixed reactions […]

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Amnesty International Report “Misleading”

01 March 2017

The Ministry of Foreign Affairs has responded to an Amnesty International report which recognized The Bahamas for the first time among countries with pressing human rights issues. In a statement provided exclusively to The Journal, the Ministry said the ongoing notion by local groups that say the proposed Interception of Communication Bill is a “Spy […]

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DNA: Country On Dangerous Fiscal Path

28 February 2017

The Democratic National Alliance (DNA) lambasted the government over the country’s finances charging it was spot on with the projections of this administration’s “wasteful” spending during this 2016/2017 budget year.  DNA Financial spokesman and candidate for Garden Hills Youri Kemp said the country is on a dangerous path to more pain and suffering for Bahamian […]

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Firearm Arrest

28 February 2017

Over the weekend a male was taken into custody for the possession of illegal firearm in Grand Bahama. According to reports, around 11:00 p.m., on Sunday night, police were on routine patrol on East Sunrise Highway, when they approached a suspicious vehicle. Subsequently, a male was searched and found in possession of a .40 pistol […]

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