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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 […]

Doctors Forced to End Strike

27 August 2019

Under Section 76 of the Industrial Relations Act, striking doctors are compelled to return to work as Minister of Labour Dion Foulkes announced yesterday that he has referred the Bahamas Doctors Union’s (BDU) dispute to the Industrial Tribunal.  Minister Foulkes said, “Pursuant to Section 76 of the Industrial Relations Act, I have considered that the […]

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PHA Calls BDU ‘Disingenuous’

27 August 2019

The Public Hospitals Authority called the Bahamas Doctors Union (BDU) “disingenuous” after it claimed that Minister of Health Dr. Duane Sands “insists” that both parties sign an agreement concerning the deduction of monies owed to doctors. Yesterday, in a response to the BDU, the PHA said, “After both parties agreed that the amount due to […]

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Airport Runway Ready by November

26 August 2019

Minister of Tourism and Aviation Dionisio D’Aguilar confirmed that runway repairs at the Lynden Pindling International Airport (LPIA) are expected to be finished by Thanksgiving in November.  Last week, D’Aguilar said he is aiming to get the runway done in time to prepare for the busy holidays.  “Obviously, as Thanksgiving approaches, we start to get […]

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Dr. Sands Says Firing Claims ‘False’

26 August 2019

Minister of Health Dr. Duane Sands yesterday refuted reports making rounds on social media indicating that he hinted to fire some 12,000 Bahamian junior doctors if they do not return to work.  Since last Wednesday, a local daily reported that some 420 doctors withdrew their services in the capital and Grand Bahama.  Dr. Sands said, […]

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Students Receive Dermal Distributions BTVI Scholarships

26 August 2019

Dermal Distributions has provided esthetics scholarships to two students to study at the Bahamas Technical and Vocational Institute (BTVI).  Dereka Bain and Chandira Wright will have their application fees, tuition, uniform, books and tools covered.  They will also receive a Dermalogica product kit and mentorship throughout the program.  With this scholarship, Dermal Distributions Chief Executive […]

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Man Shot Dead in Eleuthera

26 August 2019

A man was shot dead in Eleuthera on Saturday. According to police, shortly before 9 p.m., three men were sitting outside a residence in the settlement of James Cistern, when they were approached by a man, armed with a firearm, who opened fire in their direction injuring one of them, before running away.  The island’s […]

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Mitchell Wants Foulkes to Review Pinder’s Conduct

26 August 2019

Progressive Liberal Party Chairman Fred Mitchell is calling on Minister of Labour Dion Foulkes to review the unions’ complaints about the conduct of Labour Director John Pinder. Yesterday, Mitchell expressed concerns regarding comments on Mr. Pinder’s conduct in a series of trade disputes.  In a statement, Mitchell said he wants Foulkes to assure the public […]

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Doctors Increase Demands

26 August 2019

Asking for more than holiday pay, The Bahamas Doctors Union (BDU) increased its demands as it outlined a number of issues deserving attention and hopes to discuss them during today’s meeting. The new demands range from increased health insurance to a request for Crown land for the construction of a BDU office. The increased demands […]

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Meeting with PM and Union (3)

PM Discusses Economy with Union Leaders

26 August 2019

Prime Minister Dr. Hubert Minnis met with union leaders on Saturday and expressed that it “paved the way for discussions to move forward with a factual understanding of the country’s economic outlook and the government’s fiscal constraints”. This, Dr. Minnis said, includes the need to exercise spending restraint and reach sustainable economic growth targets.  At […]

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Issues over Ease of Doing Business to be Addressed

26 August 2019

While significant strides have been made to make it easier to do business in The Bahamas, Deputy Prime Minister Peter Turnquest said there is still more work to be done and the Ease of Doing Business Committee is working to address lingering issues. “So now it’s a matter of working through some of the operational […]

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