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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 […]

Workforce Disparity Concerns Gov’t

14 August 2019

The latest unemployment figures still showing a gap between the number of men versus women employed in the country, as research revealed that the jobless rate for women is at 9.9 percent compared to 9.2 percent for men.  Minister of Labour Dion Foulkes acknowledged yesterday that this is cause for concern, adding that he and […]

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More Parents Choosing School Pickup Services

14 August 2019

More parents are hiring private transportation services to handle the tasks of picking up and dropping off their children to school.  The Bahama Journal interviewed Jennifer Johnson, owner of Bahamas Kids Taxi, and Jeffrey Myers, owner of Jasmine’s Transit, who both explained that it is not because of a lack of available transportation for parents, […]

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Half of Morton’s Issues Resolved

14 August 2019

Minister of Labour Senator Dion Foulkes confirmed that following an all day frank meeting, eight hours to be exact, 50 percent of the issues plaguing the Bahamas Industrial Manufacturers and Allied Workers Union’s (BIMAWU) and its concerns regarding Morton Salt have been addressed.  Mr. Foulkes told reporters before the weekly Cabinet meeting that Morton Salt […]

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Jeff Lloyd on school roof2

Some School Repairs 75% Complete

14 August 2019

Minister of Education Jeffrey Lloyd revealed on Tuesday that 75 percent of school repairs have been completed on nine public schools in the capital.  Before entering the weekly Cabinet meeting, he gave further updates that school renovations are either on or ahead of schedule.  Lloyd said he is pleased with the work of contractors, especially […]

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Man Shot Dead in Coconut Grove

14 August 2019

Police are investigating a shooting incident that left a man dead and two others with injuries.  According to police, shortly before 6 p.m. on Tuesday, a group of persons were sitting in a yard on Amos Ferguson Street, off Palmetto Avenue, Coconut Grove, when they were approached by two armed men who opened fired in […]

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New Economic Vibrancy

14 August 2019

A vibrant economy is expected to continue the downward trend in unemployment numbers, according to Minister of Labour Senator Dion Foulkes.  The 2019 Labour Force Survey, that looked at a six month timeframe, from November last year to May 2019, indicates that unemployment dropped to a record low in 10 years, to a single digit.  […]

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Nationwide Plastic Ban 2020

14 August 2019

Effective January 1, 2020, the government will implement its nationwide plastic ban on single-use plastics and styrofoam food containers. The Ministry of Environment and Housing is also placing this ban on the distribution, manufacture, possession, sale, and use of plastic and styrofoam food and non-biodegradable plastic carryout bags and the release of balloons into the […]

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Woman Dies After Receiving Severe Arm Injuries

13 August 2019

Police are investigating the circumstances surrounding the sudden death of a woman who died in hospital on Saturday after injuring her arm.  According to police, shortly after 8 p.m., a woman was at a residence on Butterfly Close, off Soldier Road, when she allegedly smashed the glass window to a home causing serious injuries to […]

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BCAA Director General Charles Beneby

BCAA Clears Air on SkyBahamas

13 August 2019

Bahamas Civil Aviation Authority (BCAA) Director General Charles Beneby said the authority will not be “coerced, bullied or strong-armed” into granting an Air Operators Certificate (AOC) to SkyBahamas. Captain Beneby’s statement yesterday was a direct response to the ongoing controversy with SkyBahamas and the BCAA’s decision to ground the airline, citing that it does not […]

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Cooper Welcomes Proposed Solar Facility

13 August 2019

Exuma and Ragged Island Member of Parliament Chester Cooper welcomed Bahamas Power and Light’s (BPL) selection of a firm to construct a solar generation facility in Ragged Island.  “I am pleased that after watching the people of Ragged Island suffer for the past two years, this government has decided to move on addressing some of […]

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