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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 […]

Maynard – ‘Wartsila Won’t Stop Load Shedding’

13 August 2019

Bahamas Electrical Workers Union President Paul Maynard yesterday contended that Bahamas Power and Light’s new 132 megawatt Wartsila plant may not be the answer to load shedding.  His comments followed a press conference held by the power company’s executives this past Sunday seeking to clear the air on constant blackouts.  Mr. Maynard said, “We are […]

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Former MP Wants ‘Heads to Roll’ at BPL

13 August 2019

Former Free National Movement Member of Parliament Lester Turnquest called for “heads to roll” while expressing his frustration over Bahamas Power and Light’s (BPL) miserable load shedding crisis. Turnquest was one of many callers yesterday on Love 97’s Issues of the Day radio talk show, who expressed disappoint in BPL following its press conference on […]

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SkyBahamas Locked Out

13 August 2019

Bahamian-owned airline SkyBahamas has been booted out of the Lynden Pindling International Airport (LPIA).  Bahamas Civil Aviation Authority (BCAA) Director General Captain Charles Beneby revealed as much during a press conference yesterday. According to Captain Beneby, there has been a lot of talk, publicly, regarding SkyBahamas, “particularly a court order – an injunction that was granted […]

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Disney Not Labeled as ‘Bully’

13 August 2019

Bahamian environmentalist Sam Duncombe defended Compass Point Owner Leigh Rodney this past Sunday in an op-ed charging that the government did not label Disney Cruise Lines as a “bully”.  She said 30 years of advocating for this country’s long-term welfare has taught her “one abiding, unalterable truth” and that is “Bahamian satire writes itself”.  She was referring to […]

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Mitchell

‘Too Early for Low Unemployment Rate Celebration’

13 August 2019

Progressive Liberal Party (PLP) Chairman Fred Mitchell said the government should not be “popping the champagne corks just yet” after revealing that unemployment is down. Mitchell told The Bahama Journal on Monday that statistics showing youth unemployment is still far too high and women continue to suffer in employment.  “There’s a huge problem across the […]

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Fire at BPL

12 August 2019

In addition to Bahamas Power and Light’s (BPL) increased load shedding, there was a fire at the corporation’s Clifton Pier power plant on Friday. BPL Public Relations Director Quincy Parker told The Bahama Journal yesterday that the fire was extinguished and affected one of the generator units. However, Parker said the generator was returned to […]

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Stalled Negotiations Worry BPSU President

12 August 2019

It’s been nearly two months since the Bahamas Public Services Union (BPSU) and the government came to the table to negotiate a new industrial agreement and according to Union President Kimsley Ferguson, the union hasn’t heard anything from the government on the financial aspects of that deal. Take for instance, workers at the Princess Margret […]

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Two Students Receive All Bahamas Merit Award

12 August 2019

For the first time, the All Bahamas Merit scholars recognized two students at the scholarship’s 25th awards ceremony at Government House on last Thursday. Mahlia Neely, a graduate of Queen’s College High School, and Dehron Smith, a graduate of Nassau Christian Academy, were awarded $140,000 to attend college abroad.  Neely and Smith expressed happiness for […]

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Emergency Landing at LPIA

12 August 2019

On Saturday, a private aircraft en route from Pompano Beach, Florida to Nassau, Bahamas made an emergency landing at the Lynden Pindling International Airport (LPIA). According to LPIA officials, the incident happened around 4:32 p.m.  Two persons were onboard the Challenger 60 aircraft, one American and one Bahamian. There were no injuries reported. Immediately upon […]

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Union Fights for Increased Morton Salaries

12 August 2019

Minister of Labour Dion Foulkes, Allied Workers Union negotiator Obie Ferguson and Morton Salt Company executives met last Thursday to discuss the company’s industrial agreement, but concerns over salary increase made it difficult to consent on terms of the agreement. Ferguson, who spoke to Bahama Journal about the outcome of the meeting, said the parties […]

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