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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 […]

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‘Tourism’s Hot’

16 August 2019

As visitor arrivals in The Bahamas continue to increase, Minister of Tourism Dionisio D’Aguilar assured that “tourism is hot” and predicted that more than seven million tourists will visit the country this year. “And, because tourism is so hot, our economy is growing and creating more and more employment opportunities for our young people!” D’Aguilar […]

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Dominican Charged for Human Trafficking

15 August 2019

A 37-year-old Dominican woman was charged in Magistrate’s Court yesterday, with three counts of trafficking.  Sobeyda Garcia Reyes, also known as Sobeyda Scrivens, whose address was listed as West Bay Street, faced one count each of conspiracy to engage in trafficking and trafficking in persons, all alleged to have happened between December 1, 2018 and […]

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Torchbearers Convention Begins Tonight 

15 August 2019

A Future Secured #Accesgranted, the theme for the Free National Movement’s (FNM) Torchbearers Youth Association’s (TYA) Convention, which begins tonight at Melia.  TYA President Carlyle Bethel during a press conference yesterday, said the two-day, two-night convention will focus on entrepreneurship, education and employment, particularly for the youth of the country.  “We will speak more in […]

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Beekeeper’s Warning to Prevent Bee Attack

15 August 2019

A local beekeeper yesterday advised residents in the capital to take proper care of the boxing on their homes, as it will prevent bees from forming hives.  Barry Forbes said, “If you have at least one eighth on an inch open in your boxing that leaves room for them to scout and to get there.”  […]

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Bahamas Customs Department launches its public education campaign Aug 14, 2019 363017

Customs Fraud Fighting Initiative Launched

15 August 2019

The Bahamas Customs Department and Deputy Prime Minister Peter Turnquest introduced the new online portal Click2 Clear, which is designed to protect against customs fraud. During a press conference on Wednesday at the Ministry of Finance, they laid out the government’s public education campaign to unveil this latest initiative.  In addition to protecting against fraud, […]

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Gov’t Discusses Potential Minimum Wage Increase

15 August 2019

Minister of Labour Dion Foulkes told reporters earlier this week that discussions are taking place concerning a raise in minimum wage.  This followed countless complaints of the high cost of living in The Bahamas, considering the 60 percent increase in value added tax from 7.5 per cent to 12 percent.  He said, “There is a […]

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PLP Wants BPL Board Fired

15 August 2019

Progressive Liberal Party (PLP) Chairman Fred Mitchell renewed the party’s call for the dismissal of the entire board at Bahamas Power and Light (BPL). “They are colossal failures. If they do not go, then the minister and ultimately the prime minister must share the shame and the blame for their failures,” Mitchell said yesterday. He […]

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BPL Presents Load Shedding Resolution

15 August 2019

Deputy Prime Minister Peter Turnquest said Bahamas Power and Light officials met with the government on Tuesday and gave a presentation of their short-term plan to resolve the agonizing load shedding issue that is plaguing New Providence.  Turnquest revealed this information yesterday and added that the government is working diligently on the matter.  “We anticipate, […]

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TYA President Confident in Gov’t Job Training Approach

15 August 2019

With youth unemployment still relatively high, the Free National Movement’s Torchbearers Youth Association (TYA) President Carlyle Bethel believes it’s now time to approach the problem in a different way, which he said the Minnis administration is doing.  “The youth unemployment numbers have historically been high and it’s been a challenge for successive governments,” Bethel said. […]

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PM Calls BPL Service ‘Unacceptable’

15 August 2019

Admitting that he is “deeply unhappy” that Bahamians are suffering from the vexing load shedding issue, Prime Minister Dr. Hubert Minnis called Bahamas Power and Light’s (BPL) service “unacceptable,” but assured that the company is currently carrying out a temporary plan to mitigate its shortfall in generation. “It is expected to provide relief to residents […]

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