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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 […]

Fire Destroys Harbour Island Gas Station

18 October 2019

Police in Eleuthera are investigating a fire that destroyed a gas station in Harbour Island on Wednesday.  According to police, shortly after 6 p.m., they responded to reports of a fire at Briland at the Go Service Station on Colebrooke Street.  When police arrived on the scene they met the service station fully engulfed in […]

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DPM Discusses Climate Crisis with Commonwealth Secretariat

18 October 2019

At an annual meeting of Commonwealth Ministers of Finance in Washington, DC, on Thursday, Deputy Prime Minister and Minister of Finance K. Peter Turnquest expressed the heartfelt thanks of the country for the many expressions of empathy and support to The Bahamas from the Commonwealth Secretariat and fellow Commonwealth nations in the aftermath of the […]

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‘Abaco Needs Resilient Building’ -Henfield Concerned NGOs May Leave

18 October 2019

North Abaco Member of Parliament Darren Henfield stressed the need for Abaco to build resilient, so as to better withstand hurricanes like Dorian. Additionally, Henfield said in the House of Assembly yesterday that more than 4,000 nongovernmental organizations were in Abaco post Dorian.  While in New York, he added that a number of countries pledged […]

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Abaconians Want Curfew

18 October 2019

Minister of Public Works Desmond Bannister said Abaco residents, who were affected by Hurricane Dorian, want a curfew, which is a part of the proposed Disaster Preparedness and Response Amendment Bill 2019. Bannister contributed to debate on the bill in the House of Assembly yesterday, where he pointed out that he heard comments criticizing the […]

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‘No Abaco Shantytown Reconstruction’

18 October 2019

Minister of Public Works Desmond Bannister assured that there will be “no reconstruction and no new construction” of homes in shantytowns throughout Abaco, as this will be confirmed during his trip to the island today.  Bannister’s comments came yesterday during his contribution to debate on the Disaster Preparedness and Response Amendment Bill 2019 in the […]

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Grand Lucayan Agreement Deadline Extended

18 October 2019

Hurricane Dorian resulted in a deadline extension for an agreement to be made on the Grand Lucayan Resort, according to Lucayan Renewal Holdings Chairman Michael Scott. The deadline has been extended to November. Scott said the extended deadline came as negotiations were slowed because of the Category 5 hurricane. “It’s been delayed by a month, […]

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‘PM Favoured Dominica More After Hurricane’


17 October 2019

Pineridge Member of Parliament Frederick McAlpine lambasted Prime Minister Dr. Hubert Minnis’ reaction post Hurricane Dorian and compared that response to the to the response given to the people of Dominica in the aftermath of Hurricane Maria in 2017. Mr. McAlpine, during his contribution on the Disaster Preparedness and Response Amendment 2019 Bill, alluded that […]

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‘Don’t Rush Disaster Bill’

17 October 2019

Not one to mince words, Pineridge Member of Parliament Frederick McAlpine urged the government not to rush the proposed Disaster Preparedness and Response Amendment Bill 2019. During his contribution to debate on the bill in the House of Assembly yesterday, Mr. McAlpine advised the government to slow down while in the process of passing the […]

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Cooper Against Disaster Bill

17 October 2019

Progressive Liberal Party Deputy Leader Chester Cooper expressed his disapproval of the Disaster Preparedness and Response Amendment Bill 2019, which seeks to implement forced mandatory evacuations.  Debate on the bill continued yesterday in the House of Assembly, where Cooper said he cannot support the bill because it offends Article 29 of the Constitution. “From all […]

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Baha Mar Suffers $10 Million Loss

17 October 2019

Baha Mar President Grame Davis revealed yesterday that Hurricane Dorian has had a temporary impact on the resort, as September and October has seen a falloff in bookings, resulting in a $10 million loss. However, Davis is confident that this will only be temporary. “As far as the long-term outlook, we are now starting to […]

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