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Finance and Business

June 17th, 2019
Repairs to police barracks on VG nearing completion

VALLEY, Virgin Gorda, VI- Ranks of the Royal Virgin Islands Police Force (RVIPF) only have to wait a little while longer before they can move in to a fully refurbished barracks on Virgin Gorda.

June 17th, 2019
‘He didn’t give a damn!’ - Investor says Dr Smith killed Prospect Reef project

ROAD TOWN, Tortola, VI – With Dolphin Discovery and Prospect Reef now abandoned and in complete ruins as another symbol of the National Democratic Party’s (NDP) failure to the People of the Virgin Islands (VI), investors have now come forward with damning allegations regarding the role previous Premier, Dr. D Orlando Smith played in bringing the project to a halt.

June 16th, 2019
Carnival Sunrise makes first call to VI

ROAD TOWN, Tortola, VI- The Virgin Islands Party (VIP) Government of Premier and Minister of Finance Hon Andrew A. Fahie (R1) has placed strong emphasis on boosting cruise ship calls to the territory since coming to office in February 2019, and already there have been results to cheer about.

June 16th, 2019
Performance appraisals waived for increment payments - Premier

ROAD TOWN, Tortola, VI - With Premier and Minister of Finance, Hon Andrew A. Fahie (R1) revealing that the current hold up of the long overdue public servant increment payments is due to the Deputy Governor’s Office, the Premier also noted that no performance appraisals will be done with the release of the funds.

June 15th, 2019
A New Economics to save the World

Dickson C. Igwe

Neo Liberalism- Supply Side, Trickle Down, Economics - has failed the world. A new economic thinking can save the day, according to a number of influential economists. The new thinking is derived from John Maynard Keynes’s interventionist economic model, and is termed “Progressive Capitalism.”

June 14th, 2019
UPDATE: No agreement reached with NCL on release of berths- BVIPA

ROAD TOWN, Tortola, VI- The Virgin Islands is still in negotiations with Norwegian Cruise Line (NCL) over the releasing of unused berths.

June 14th, 2019
'Deputy Gov’s Office holding up increment payments' – Premier Fahie

ROAD TOWN, Tortola, VI – Premier and Minister of Finance, Hon Andrew A. Fahie (R1) says the government has done its part regarding making funds available for the payment of the long overdue increments to civil servants and it is now for the Human Resources (HR) Department of the Deputy Governor’s Office to announce a date and release the funds.

June 14th, 2019
NDP issued no new scholarships since Irma – SFC Report

ROAD TOWN, Tortola, VI – With the Capital Road Town still without a Public Library and works at the Elmore Stoutt High School (ESHS) only now commencing under the Virgin Islands Party (VIP) Government, more information is coming forward revealing just how bad the Dr D. Orlando Smith National Democratic Party (NDP) administration left the education sector.

June 13th, 2019
Locals sidelined for jobs even after understudying expats - Hon Flax-Charles

ROAD TOWN, Tortola, VI – With Minister for Natural Resources, Labour and Immigration Honourable Vincent O. Wheatley (R9) recently revealing that the Virgin Islands (VI) has processed thousands of work permits so far for 2019, concerns are being raised over the state of the job market for locals.

June 12th, 2019
2019 SFC Report now available to the public

ROAD TOWN, Tortola, VI - The entire budget process is now complete and the 2019 Standing Finance Committee (SFC) report is available to the public.

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