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Finance and Business

October 21st, 2016
Digicel work permits revoked in TCI


The Turks and Caicos Islands Government, through the Immigration Board, has revoked the work permits of six expatriate workers at Digicel, after the telecommunications company made a number of Belongers redundant in a move that has sparked national outrage.

October 20th, 2016
Family Food Bakery & RiteWay clash over $1 hike on bread

PASEA, Tortola, VI – RiteWay Food Market turned the bullet on a local bakery after being accused of hiking the price of its bread by one dollar, causing the bakery to take a decision to pull its product from the supermarket.

October 18th, 2016
Asia Pacific Region: A fundamental market for VI

ROAD TOWN, Tortola, VI- The Asia Pacific Region remains a fundamental market for the [British] Virgin Islands as Premier and Minister of Finance, Dr The Honourable D. Orlando Smith, OBE concludes the first day of meetings during the VI Asian Trade Mission.

October 17th, 2016
Delta Petroleum wins Privy Council Appeal against VI Gov't

ROAD TOWN, Tortola, VI- The Eastern Caribbean Court of Appeal (Virgin Islands) has ruled in favour of Delta Petroleum in relation to the seizure by HM Customs of Delta’s fuel storage tank No 7 at Pockwood Pond, Tortola, together with its contents (some 248,000 US gallons) on September 20, 2012.

October 16th, 2016
HLSCC student wins SOL Free Fuel for a Year promotion

ROAD TOWN, Tortola, VI- Dandra T. Vanterpool, 22, of Horse Path, an employee of the Sterling Group BVI Ltd as well as a Business Administration student of the H. Lavity Stoutt Community College (HLSCC), is the winner of the SOL Free Fuel for a Year promotion.

October 15th, 2016
John Boukemp wins ‘fully loaded’ Hyundai Tucson

NANNY CAY, Tortola, VI- It was a win-win situation for both John Boukemp and the Cedar International School’s BVI Scholarship Fund, when the sleek, fully loaded Hyundai Tucson “with all the bells and whistles on” was raffled on the grounds of the famous Captain Mulligan’s in Nanny Cay, Tortola last night, Friday October 14, 2016.

October 14th, 2016
Flow’s 4GLTE Mobile Network initial testing shows speeds over 40Mbps

ROAD TOWN, Tortola, VI –Flow announced on Friday October 14, 2016 that a number of its new LTE cell sites are live, well ahead of schedule.

October 14th, 2016
Hotel Accommodation Tax to be increased from 7% to 10%

ROAD TOWN, Tortola, VI- Stating that the government needs money to execute projects in various ministries, including in health and education, the National Democratic Party (NDP) Administration passed a bill in the House of Assembly on October 13, 2016 to raise Hotel Accommodation Tax from 7% to 10%.

October 13th, 2016
Digicel launches text to donate line to support relief efforts in Haiti

ROAD TOWN, Tortola, VI- In the wake of Hurricane Matthew that destroyed 90 percent of Southern Haiti on October 5, 2016 Digicel launched a text line that will allow its customers to donate well-needed funds towards the humanitarian relief effort that is urgently needed in Haiti.

October 13th, 2016
Cedar School to draw Car Raffle Winner on Friday October 14

ROAD TOWN, Tortola, VI – Cedar International School is pleased to announce that the grand raffle draw for the 2016 Fully Loaded Hyundai Tucson will take place at 7:00 P.M. on Friday, October 14, 2016 at Captain Mulligans, Nanny Cay.

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