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Finance and Business

May 13th, 2015
Increments were withheld to deal with 'other things’ – Premier Smith

CAPOON’S BAY, Tortola, VI – Premier and Minister of Finance Dr The Hon D. Orlando Smith said last evening May 12, 2015 that Government had to withhold payment of increments because the National Democratic Party (NDP) needed the money to do "other things".

May 12th, 2015
Hon Vanterpool campaigns at shipping conference

ROAD TOWN, Tortola, VI – Minister for Communications and Works Honourable Mark H. Vanterpool (R4) took the opportunity of the opening of the three day Caribbean Shipping Association's 14th Annual Conference to tout the achievements of the National Democratic Party (NDP) Government during its latest term in office, demanding that the participants present acknowledge those achievements by clapping.

May 11th, 2015
Cuba, expanded Panama Canal offer transhipment opportunities – CSA Pres.

ROAD TOWN, Tortola, VI – President of the Caribbean Shipping Association (CSA) Grantley St. J. Stephenson CD, JP, believes that shipping in the region stands to benefit from a number of major events such as the opening of once frozen relations between the United States and Cuba, the expansion of the Panama Canal and a $600 million investment by French shipping company CGM-CMA.

May 3rd, 2015
UPDATE: Pre-Mother's Day car sale draws much public interest

ROAD TOWN, Tortola, VI – Scotiabank BVI and Nagico Insurances yesterday May 2, 2015 held a pre-Mother’s Day car sale with a number of the territory’s top auto dealerships, including Burke’s Garage, VI Motors, International Motors and others, with a number of sales being closed.

April 24th, 2015
Premier Smith acknowledges human trafficking concerns for VI

ROAD TOWN, Tortola, VI – Premier and Minister of Finance Dr The Honourable D. Orlando Smith has dismissed concerns raised by the United States Government in their recently released International Narcotics Control Strategy Report, saying the Government is working along with the US authorities on the issues identified.

April 24th, 2015
‘NDP's malicious treatment of Biwater cause of water woes'– Hon Fraser

ROAD TOWN, Tortola, VI – Chairman of the Virgin Islands Party Honourable Julian Fraser RA (R3) believes the National Democratic Party is caught up in its usual web of misinformation with a view to clouding the memories of persons with regard to the Biwater affair and that their malicious treatment towards Biwater is only causing the people to continue to suffer water woes.

April 23rd, 2015
VI remains on France's Blacklist

ROAD TOWN, Tortola, VI – Financial Secretary Neil M. Smith said that France is pleased with the Virgin Islands on a technical level but work still needs to be done to get the territory off the blacklist imposed in late 2013.

April 23rd, 2015
Kedrick E. Malone out! Julien N. Johnson in! @ BVI Finance

ROAD TOWN, Tortola, VI - Kedrick E. Malone, the Executive Director of BVI Finance will be stepping down from that post in order to take up a new position as the head of an implementation committee tasked with overseeing key changes in the financial services sector. Taking his place will be Mr Julien N. Johnson.

April 17th, 2015
Premier Smith throws FS Neil M. Smith under the bus!

ROAD TOWN, Tortola, VI- The recent statement by Premier Dr The Honourable D. Orlando Smith that his administration has been unable to produce audited accounts to the House of Assembly for the last three years because the former Virgin Islands Party (VIP) allegedly failed to practice proper accounting standards has been termed an indictment on the Financial Secretary Mr Neil M. Smith and former Premier and Minister of Finance Hon Ralph T. O’Neal OBE by senior VIP member Hon Andrew A. Fahie (R1).

April 12th, 2015
CCT treats customers to Waffle Therapy breakfast

ROAD TOWN, Tortola, VI – CCT Global Communications on Friday April 10, 2015 partnered with Waffle Therapy to bring to its customers a breakfast treat with a view to encouraging the public to support small businesses and to ultimately drive the economy forward.

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