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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 […]

Davis Doubts Wilchcombe’s Support for Chairman

25 July 2019

Progressive Liberal Party Leader Philip Davis believes former Minister of Tourism Obie Wilchcombe does not have the needed support to become the party’s chairman at the upcoming convention, but he is not hindering Wilchcombe’s attempt to vie for the position.     “If Obie wants to make an argument about why he should be chairman, […]

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Haitians Charged with Fraud

25 July 2019

Two Haitians and three Bahamians were charged in the Magistrate’s Court on Wednesday with conspiracy to commit fraud by false pretense and intent to commit a fraudulent marriage. It is alleged that Bridnay Johnson and Bernard Musgrove, both 19,  Willy Exama and Ansele Nicolas, both 24, and 48-year-old Bradley Smith  tried  to commit fraud to […]

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OECD Praises Bahamas

25 July 2019

Deputy Prime Minister and Minister of Finance Peter Turnquest delivered good news in the House of Assembly yesterday, regarding The Bahamas’ position with the Organization for Economic Co-operation and Development (OECD).  DPM Turnquest, while seconding amendments for a compendium of bills related to the financial services sector, said The Bahamas has passed the assessment of […]

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Marine Receives VBI

25 July 2019

Royal Bahamas Defence Force officer Javon Seymour, accused of Petty Officer Percival Perpall’s death, was served with a voluntary bill of indictment (VBI) fast tracking his case to the Supreme Court on Wednesday. He was informed by Chief Magistrate Joyann Ferguson-Pratt that he cannot provide evidence or call witnesses in support of his alibi in […]

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Bills Increase Financial Services Regulation

25 July 2019

Legislators passed a compendium of bills related to the financial services sector, upping The Bahamas’ fight to better safeguard the sector. During a brief debate, in the House of Assembly yesterday, Minster of Financial Services, Trade and Industry Ellsworth Johnson said once passed and enacted, the bills will assist The Bahamas in complying with several […]

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Nygard’s Golden Jubilee Review- Nygard’s Tureano Sponsorship Pays Off Big

24 July 2019

Nygard’s Golden Jubilee Review It’s not an everyday occurrence to discover an individual who has pulled himself up by his bootstraps to achieve phenomenal success with a business that’s still breaking barriers, still achieving firsts, and still innovating fifty years later. What does it take? How did he achieve it all? And how can we […]

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BCPOU Files Trade Dispute Against BTC

24 July 2019

Bahamas Communications and Public Officers Union (BCPOU) President Dino Rolle filed a trade dispute against the Bahamas Telecommunications Company (BTC) Limited on Monday. The BCPOU filed a trade dispute with the Ministry of Labour citing BTC’s failure to negotiate in good faith on the proposed voluntary separation packages (VSEP).  According to Rolle, “This action is […]

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Wells Defends Post Office Deal

24 July 2019

WMinister of Transport and Local Government Renward Wells made a valiant attempt to defend the controversial General Post Office deal, which includes its relocation to the Town Centre Mall and a lease agreement with St. Anne’s Member of Parliament Brent Symonette. When pressed on the issue outside Cabinet yesterday morning, Wells gave a terse response […]

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DNA Demands Higher Physician Wages

24 July 2019

Democratic National Alliance (DNA) Leader Arinthia Komolafe called on the government to improve the country’s healthcare system by providing one year contracts for junior doctors and a better paid workforce. Komolafe made this call during a press conference on Tuesday where she discussed the government’s lack of initiatives to resolve issues such as poor medical […]

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Renward Wells

Gov’t to Address Public Transportation Issues

24 July 2019

The deadline for the government to address the issues concerning taxi and bus drivers was extended to August, according to Minister of Transport and Local Government Renward Wells. Yesterday, Wells said a cabinet subcommittee is also scheduled to meet this month to address the concerns of public service drivers, which range from a lifting the […]

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