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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 […]

Nearly $2 Million for PMH Repairs

09 July 2019

The Public Hospitals Authority (PHA) signed two contracts yesterday, totaling nearly $2 million for repairs to its cooling system and roof of the Princess Margaret Hospital (PMH).  Minister of Health Dr. Duane Sands said yesterday’s signing marked a significant day for PHA and PMH.  More than $1 million will be used to replace and upgrade […]

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‘Gov’t Wrong on Approach to Grand Lucayan Sale’

09 July 2019

Former Minister of Tourism Obie Wilchcombe said the government’s approach to selling the Grand Lucayan Hotel is wrong, as he believes this is the reason why the hotel hasn’t been sold as yet. According to Wilchcombe, the government should consider conducting the sale through the Hotel Corporation. Apart from that, he said, the government should […]

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Phillip Brave Davis

‘A Crisis of Trust,’

09 July 2019

It’s a “crisis of trust” for Prime Minister Dr. Hubert Minnis’ to award millions of dollars in contracts to companies in which St. Anne’s MP Brent Symonette is a shareholder, Progressive Liberal Party Leader Philip Davis said.  “One of these deals is a lease for the Town Centre Mall, a government contract, which will be […]

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Bahamians Celebrate National Pride Day

08 July 2019

Braving scorching temperatures, scores of Bahamians – young and the not-so-young – came together in Rawson and Parliament Squares on Friday to celebrate National Pride Day, the kick off to the country’s 46th Independence anniversary celebrations. The ceremony was marked by the sensational performances of the Bahamas National Children’s Choir, the National Dance Company and […]

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IDB Partners with UB on Gerace Research Institute Digitization Project


08 July 2019

The Inter-American Development Bank (IDB) is helping to fund a digitization project that aims to centralize data collected over the last 50 years from the rich and diverse ecosystem that surrounds the Gerace Research Institute (GRI) in San Salvador. GRI is part of the University of The Bahamas (UB) system. Over the last five decades, […]

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$32,000 Outstanding at D.C. Consulate Office

08 July 2019

An audited report of The Bahamas Consulate Office in Washington D.C. indicated that over the two year period of July 1, 2016 to June 2018 more than $32,600 remains outstanding.  Four cheques totaled this amount – three of which did not have a cheque number available. The description indicated that the cheques were used for […]

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‘Remove Politics from Independence’

08 July 2019

With the country’s 46th Independence anniversary on the horizon, former Progressive Liberal Party cabinet minister V. Alfred Gray wants to bring an end to the politicization of Independence Day in The Bahamas, as he said it does more harm than good.  “Unless the leadership of the FNM and the PLP come together and bring this […]

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Man Shot on Gibbs Corner

08 July 2019

Police are investigating a shooting incident that has left one male hospitalized. According to police, shortly after 10 p.m. on Saturday, a man was walking on Gibbs Corner when he was approached by an armed man who shot him before running away.  Paramedics transported the injured man to hospital, where he is listed in stable […]

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chris cline

Helicopter Black Box Recovered- Crash Victims Identified

08 July 2019

The Air Accident Investigation Department confirmed yesterday that the flight and data records, black box, for the helicopter which crashed last week off Grand Cay, Abaco have been recovered. According to AAID, the flight and data records will be shipped to the National Transportation Safety Board in Washington D.C. for analysis.  The aircraft, which crashed […]

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Two Men Shot in GB

08 July 2019

Two men were shot on Sunday in Grand Bahama. According to police, shortly before 4 a.m., police were called to a business establishment on East Sunrise Highway where it was reported that a lone gunman opened fire hitting two males.  One of the males sustained injuries to the upper body and the other to the […]

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