Finance and Business
PARAQUITA BAY, Tortola, VI – Small and Medium Businesses in the Virgin Islands will soon be able to apply for grants up to 12,000 euro through an EU funded programme for Overseas Countries and Territories in the Caribbean Region through the Trade and Consumer Affairs Department.
ROAD TOWN, Tortola, VI – When the management of S&D Security and Alarm Systems took a decision at the 9th hour to participate in the Buy BVI Trade show held from March 21-22, 2015 it was not expecting any award of any sort.
ROAD TOWN, Tortola, VI - Minister for Communications and Works Honourable Mark H. Vanterpool (R4) has announced that Carnival Cruise Line has indicated its willingness to resume business again in the Virgin Islands as government has been in frequent dialogue with them and it was observed that there were miscommunications in the past.
ROAD TOWN, Tortola, VI – The Virgin Islands features on the latest United States’ Department of State International Narcotic Control Strategy Report: Vol 2 – ‘Money Laundering and Financial Crimes’, which alleged that there are significant money laundering risks due to the exploitation of the territory’s financial services and lack of mandatory filing of ownership information.
POCKWOOD POND, Tortola, VI – Chairman of the Board of Directors at the BVI Electricity Corporation (BVIEC) Ron R. Potter said that without the Corporation’s Phase 5 Development Programme the territory cannot realise the promise of a new hospital, or capitalise on the benefits of the cruise pier and landside development.
ROAD TOWN, Tortola, VI – A caller into last evening’s Speak Out BVI radio talk show suggested that there needs to be a stronger Consumer Protection Agency if the minimum wage is ever adjusted upward or else businesses will raise their prices as well.
ROAD TOWN, Tortola, VI – Public Relations Officer of the People’s Empowerment Party (PEP) Lorie A. Rhymer said local farmers are being run over by persons selling imported produce far cheaper than local produce and that this situation must be corrected if agriculture in the territory is to go anywhere.
ROAD TOWN, Tortola, VI – Residents of the sister islands of Virgin Gorda and Jost Van Dyke are trying to conceptualise the reality that will hit when the Cruise Pier re-opens next month as they said issues of overcrowding at safety at the beaches were not taken into consideration by government in their planning.