October 3, 2022
DEPUTY Prime Minister and Tourism Minister Chester Cooper.
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DPM urges Bahamian investors to help add to room capacity as hotels are full
TOURISM Minister Chester Cooper urged Bahamian investors to open their homes to help meet tourism demand, citing room capacity as a challenge due to high hotel occupancy rates.
DPM: ‘Three credible offers’ for Lucayan
Three “credible offers” to acquire the Grand Lucayan resort are presently being studied, the deputy prime minister said yesterday, as he and others touted $1bn worth of investments being “in the pipeline” for Grand Bahama.
DPM: More health facilities needed in Exuma
DEPUTY Prime Minister Chester Cooper said yesterday there is a need for more health facilities on Exuma.
15 percent rise in visitor arrivals to Grand Bahama forecast
OVERALL visitor arrivals are projected to increase by 15 percent in Grand Bahama, Deputy Prime Minister and Minister of Tourism, Aviation and Investments Chester Cooper said while in Freeport this week.
Govt ‘will defend right to collect overflight fees’
Deputy Prime Minister Chester Cooper last night said the government will defend the country’s right to collect overflight fees in the face of threats by US airlines to stop flights.
Cooper: We will defend nation’s reputation
WITH the arrest of former FTX CEO Sam Bankman-Fried dominating international headlines, Acting Prime Minister Chester Cooper gave an assurance yesterday that the government will continue to protect the country’s reputation, while expressing confidence in the nation’s judicial system.
Cooper hails ‘transformational’ National Investment Funds Bill
ACTING Prime Minister Chester Cooper yesterday hailed the National Investment Funds Bill 2022 as a “transformational” piece of legislation that will lay the foundation for public sector investing and reinvestment in support of the country’s national development goals.
‘Can’t rest on our laurels’ with 20% growth forecast
The Bahamas “cannot rest on our laurels” despite a 20 percent growth forecast for its tourism industry that is more than three times’ greater than the world average, the deputy prime minister is warning.
$10m damage but no injuries in cay blaze
DEPUTY Prime Minister Chester Cooper said the damage sustained in the structural fire on Monday at Over Yonder Cay, Exuma is estimated to be as high as $10m.
Deputy PM: Officials working on Downtown Revitalisation Project
TOURISM Minister Chester Cooper said yesterday officials are working actively on the Downtown Revitalisation Project as developments are on the way and some dilapidated structures have already been demolished.
Deputy PM confident that Security Commission can handle FTX fallout
DEPUTY Prime Minister Chester Cooper yesterday expressed confidence in the Security Commission’s ability to handle matters related to FTX’s fallout, adding “we have had curve balls thrown at us before in financial services and we persevered.”
DPM touts $1.2bn in Exuma investments
The deputy prime minister yesterday asserted that the Davis administration has approved $1.2bn in investment projects “for Exuma alone” in the year since it was elected as he touted a variety of resort developments.
Govt signs heads of agreement for $250m Long Island development
THE Davis administration signed a heads of agreement yesterday with Azul Destinations Ltd and Calypso Cove Destinations Ltd for the development of an upscale resort and cruise port for South Long Island, estimated to cost some $250m.
Minister criticised over possibility of bringing theatre festival to Bahamas
TOURISM Minister Chester Cooper has drawn criticism from cultural activists over a recent meeting with Broadway producers about possibly bringing a theatre festival to The Bahamas.
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