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Finance and Business

May 24th, 2016
2016 Emancipation Festival planning off to slow start

ROAD TOWN, Tortola, VI- It was our newsroom that first and accurately reported early this year that the Chairwoman of the Virgin Islands Festival & Fairs Committee (VIF&FC) Kishma A. Baronville had tendered her resignation.

May 24th, 2016
Small businesses will be forced to close - Hon Julian Fraser RA

ROAD TOWN, Tortola, VI - Leader of the Opposition Honourable Julian Fraser RA (R3) has accused the National Democratic Party Government of causing small businesses to suffer cash flow shortage.

May 21st, 2016
The Great Hypocrisy in Global Finance- Part 1

By Dickson Igwe

The recent ‘hoopla’ over offshore tax havens and finance centers by certain elements of the western press was simply a rendition to hypocrisy, even doublespeak.

May 20th, 2016
Don’t wait until 3 or 4 years to check on SS & NHI payments- TV show host

ROAD TOWN, Tortola, VI- Host of the Speak Your Mind television show, Mr Richard C. deCastro has urged employees not to wait until years to check whether their employers have been making payments to Social Security or National Health Insurance.

May 20th, 2016
Bank knows more about Gov’t finances than HoA- Hon Andrew A. Fahie

ROAD TOWN, Tortola, VI- Opposition Member and First District Representative Hon Andrew A. Fahie again slammed the non-transparent manner of the National Democratic Party (NDP) Government, adding that all indications show it is covering up the fact that has run the country broke.

May 18th, 2016
Kevin C. Smith back in gov’t with $100G a year consultancy!

ROAD TOWN, Tortola, VI- The National Democratic Party (NDP) Administration has rehired one of its losing candidates, Kevin C. Smith aka ‘OJ’ on a two year consultancy.

May 18th, 2016
6 mths later: Still no minimum wage increase!

ROAD TOWN, Tortola, VI – Despite saying that it has a genuine desire to improve the standard of living for all, the National Democratic Party (NDP) Government is still to pass legislation for the minimum wage increase as recommended by the Minimum Wage Advisory Committee since 2015.

May 17th, 2016
Summit snubbing doesn't mean VI ‘shut out’ - Premier Smith

ROAD TOWN, Tortola, VI - Premier and Minister of Finance Dr The Honourable D. Orlando Smith said that even though the Virgin Islands (VI) was not invited to a recent anti-corruption summit in the United Kingdom (UK), the territory still expects to actively participate in upcoming discussions on issues such as beneficial ownership.

May 17th, 2016
The Chinese are coming on TB Lettsome Airport project!

Beef Island, VI- After years of proposals dating back to 2013 and change of scope of works over the years now reaching Appendum 17, the Ministry of Natural Resources and Labour is reportedly ready to take a paper to Cabinet to recommend a company to design and build the runaway extension at the Terrance B. Lettsome International Airport.

May 17th, 2016
Under pressure VI holds out on ‘Public’ Beneficial Ownership Register

ROAD TOWN, Tortola, VI- The Virgin Islands (VI) has declared it is not willing to go the extra mile of making beneficial ownership information public unless there is international regulation in place and that all financial services jurisdictions also comply.

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