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Finance and Business

October 6th, 2018
Gov’t hires $400,000 UK Lawyer! Value for money?

ROAD TOWN, Tortola, VI - The National Democratic Party (NDP) Government of outgoing Premier, Dr the Honourable D. Orlando Smith (AL) has hired United Kingdom (UK) Lawyer, Michael Furness, QC to the tune of $400,000.

October 4th, 2018
VI needs Consumer Protection Laws—Queen Shereen

ROAD TOWN, Tortola, VI – The time has come and passed for the Virgin Islands (VI) to enact a Consumer Protection Bill.

October 1st, 2018
UPDATE: "RDA Plan will be passed" - Premier Smith

ROAD TOWN, Tortola, VI – Premier and Minister of Finance, Dr. The Honourable D. Orlando Smith (AL) is confident that the Recovery and Development Agency (RDA) plan will be passed when the House of Assembly (HoA) sits on October 2, 2018.

September 25th, 2018
Hon Fraser urges rethink on Chinese visa policy

ROAD TOWN, Tortola, VI – A decision by the Government of the Virgin Islands (VI) to lift visa restrictions for Chinese Nationals looking to enter the Territory, holds the potential of having the ‘birth rights’ of future generations of Virgin Islanders being “sold out.”

September 24th, 2018
Dr Smith’s last tax payer funded trip? He goes to Africa

ROAD TOWN, Tortola, VI – Many United States of America (USA) Presidents visit Africa, in the 8th year of their last term.

September 24th, 2018
Banks! Who needs Who?

By Donald E. de Castro

Over the past years there have been many discussions about banking services here in The Virgin Islands (VI) and yes there is a lot to be desired, so let us look at some the issues that I have spoken about over the years.

September 12th, 2018
More BVI Airways Questions for September 13, 2018 HoA Sitting—Hon Fraser

ROAD TOWN, Tortola, VI - Questions on the tax payers $7.2 M squandered on BVI Airways—that never flew and with Government not collecting a dime back, is not going away anytime soon and will be the Legacy of outgoing Premier Dr the Honourable, D. Orlando Smith (AL)—are back on the Order Paper.

September 12th, 2018
Ports Authority seeks $5M more from First Caribbean Bank

ROAD TOWN, Tortola, VI - It was in 2014 that the BVI Ports Authority obtained a $50 million loan from First Caribbean International Bank, to help fund the Ports Development project.

September 11th, 2018
SOL St Lucia wins major BVIEC fuel contract over Delta Petroleum

ROAD TOWN, Tortola, VI - The British Virgin Islands’ Electricity Corporation (BVIEC), has awarded a major fuel contract to SOL St Lucia Limited (Ltd), to supply the government run utility with fuel and lubricants for the next five years.

September 9th, 2018
Riteway gives back to Customers

ROAD TOWN, Tortola, VI -Prices were slashed and free food and snacks were at the ready, along with door prizes, deals, giveaways, and free entertainment for kids, all part of the three-day Customers' Appreciation event at Rite Way Food Market stores in the Territory.



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