Finance and Business
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).
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.
FISH BAY, Tortola, VI – Paragon Conference and Entertainment Centre, a popular spot for the hosting of events of various sorts and located in Fish Bay, Tortola, is threatened with going out of business as it is reportedly being denied a nightclub licence as a consequence of an ongoing noise nuisance case in the Magistrate’s Court.
ROAD TOWN, Tortola, VI – Minister for Communications and Works Honourable Mark H. Vanterpool (R4) declined to furnish Honourable Andrew A. Fahie (R1) with documentation on the road paving equipment Government recently purchased from a Chinese company, citing the Cabinet handbook disallowing the copying and distributing of Cabinet documents.
ROAD TOWN, Tortola, VI - Chairman of the Virgin Islands Party (VIP) Honourable Julian Fraser RA (R3) said there is too much to lose if the findings of the latest International Narcotics Control Strategy Report (INCSR) are not addressed straightaway and has proposed a new Ministry to deal with issues such as national security among others.
PASEA, Tortola, VI – Acting Permanent Secretary in the Office of the Premier Mr Brodrick Penn said that there are concerns among stakeholders in the financial services sector regarding cost and security implications of establishing a central registry of beneficial ownership information as is being requested by the UK Government.
ROAD TOWN, Tortola, VI - A caller to the Speak Out BVI radio show of Tuesday March 24, 2015 on ZBVI 780 AM believes that even if the minimum wage is raised from $4.00 to $6.00, it would not cover the cost of a round trip for someone living on Anegada who has to travel to conduct business on the main island of Tortola.
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.