Finance and Business
HUNTUMS GHUT, Tortola, VI – Fire Chief Zebalon McLean said the Virgin Islands Fire and Rescue Department is currently investigating the circumstances surrounding the origin of a fire in Huntums Ghut earlier today, February 27, 2014.
By Alfred C. Frett
The Stock Market and Poverty reside at opposite ends of the spectrum but share the commonality that they both rise & fall together… That is, the higher the Stock Market for the Few, the wider the Income Disparity Gap and consequently the higher the Poverty lever for the Masses… It is no longer secret how Wealth is concentrated in the hands of a few as the Poor increase in number.
ROAD TOWN, Tortola, VI – Premier and Finance Minister Dr The Hon. D. Orlando Smith, in addressing the issue of job losses in the Territory during his Budget Address in the House of Assembly (HOA) yesterday, January 14, 2014, said current evidence shows that new work permits issued far outweigh job losses being experienced.
ROAD TOWN, Tortola, VI – Premier Dr. The Hon. D. Orlando Smith cited the visit of a Chinese delegation this past week as a historic occasion, noting that while the Territory has had visits from previous delegations, this is the first time that such a significant delegation has arrived to forge a closer relationship with the Virgin Islands (VI).
EAST END, Tortola, VI – A local businessman who said that he is very sure that at the moment he is a voice for all small business entrepreneurs, has made an appeal to the Government of the Virgin Islands (VI) to recognize the significance of the ‘small man’ in developing the economy.
VALLEY, Virgin Gorda, VI – Some 40 odd workers who were allegedly given marching order by Yates Associates Construction Co. Ltd., said the company has given them monies due them for a vacation package following the intervention of the Labour Department.
ROAD TOWN, Tortola, VI – There continues to be increasing pressure on the Virgin Islands (VI) and other International Finance Centres (IFCs) from a range of quarters according to the BVI International Financial Centre (BVIIFC) Annual report of 2012.
ROAD TOWN, Tortola, VI - Early September when workers of the Service Support and Delivery (SSD) Department of LIME BVI received word that they were going to be laid off, they were given the impression that by this month December 2013, they would have no longer been employed by LIME.