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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 […]

‘Remove Archaic Criminal Libel Laws’

11 July 2019

Rights Bahamas is appalled that political commentator Gorman Bannister has been charged with criminal libel, an archaic and unconstitutional law that has no place in a modern democracy. At a time when, around the world, countries are abandoning tyrannical anti- free speech laws, The Bahamas seems increasingly to be keeping company with oppressive regimes and […]

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‘Add Generators to Business Plans,’ Says D’Aguilar

11 July 2019

Minister of Tourism Dionisio D’Aguilar suggested yesterday that business owners should consider adding standby generators to their business plans. D’Aguilar made this suggestion while commenting on the recent string of load shedding exercises in the capital and its possible impact on the tourism industry.  “Naturally, we’re concerned when the power goes off and it impacts […]

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DPM: Fiscal Consolidation Plan Reasonable

11 July 2019

Deputy Prime Minister and Minister of Finance Peter Turnquest yesterday responded to comments made by former Minister of State for Finance Michael Halkitis, who expressed that the government’s schedule for reducing the country’s deficit is “too aggressive”.  Mr. Micheal Halkitis suggested in a local daily this week that that instead of targeting a reduction in […]

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BPL’s Oil Leak under Control

09 July 2019

A few slack bolts caused an oil leak at Bahamas Power and Light’s Blue Hills Power Station this past Saturday.  BPL Public Relations Officer Quincy Parker said workers discovered fuel spraying from a pipe at the plant and followed the proper procedure to get the matter under control. “The employee quickly isolated the system and […]

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Pinder Rejects Mass Firing Claims

09 July 2019

Labour Director John Pinder yesterday refuted claims of a mass firing at the Grand Bahama Ship Yard.  A message, which made its rounds on social media, indicated that the firings come as a result of reduced business. Mr. Pinder said, “There’s a project in Grand Bahama that requires that amount of persons at the shipyard. […]

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Inspiration behind Independence Theme – -‘United We Stand, Together We Can’

09 July 2019

Chairman of the Independence Anniversary Planning Committee Mark Humes said the “polarized” state of the nation inspired his selection of the theme for this year’s celebration.  “You see now everything is kicking up about race. We’re polarized around our political colors. We’re polarized in our various nationalities,” Humes said. “In order for us to progress […]

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‘Struggles Continue After 46 Years’

09 July 2019

After 46 years as an independent nation, The Bahamas is still struggling to build a country Bahamians can be proud of, former Cabinet Minister George Smith said. During an interview with The Bahama Journal, Smith added that this independent season is a good time for Bahamians to pause and look at the many successes and […]

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‘Graveyard’ Feeling for Independence

09 July 2019

The Bahamas is about to celebrate its 46th birthday, but it’s more like a funeral, according to Ruby-Ann Darling, who said the independence atmosphere is like a “graveyard” as many Bahamians are not showing excitement and patriotism for their country. “I was bemoaning the fact that the country is desolate,” Darling, the first woman to […]

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Drowning on Jaws Beach

09 July 2019

Police are investigation an alleged drowning on Sunday which has left a man dead. According to police, shortly after 3 p.m., a group of persons were swimming at Jaws Beach, in the western district of New Providence, when they noticed a man who appeared unresponsive, floating in the water.  The man was pulled from the […]

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NTSB Delegated to Probe Chopper Crash

09 July 2019

Investigation into the deadly July 4 helicopter crash has been turned over to the National Transportation Safety Board (NTSB) in the United States, according to the Air Accident Investigation Department (AAID). Moving forward, AAID, which delegated NTSB, said all questions and concerns should be directed to the NTSB, as further updates will be given by […]

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