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Finance and Business

January 14th, 2020
A few facts about NHI before becoming hooked on lies

Alred C. Frett

As it was in the Beginning…:

As we enter the Year 2020, the very name suggests a clear vision of what is before us but the past years have taught us that even good things turn bad and, whether natural or man-made disasters; hurricanes, earthquakes, cancer or asthma, we are seeing crises like never before… Today’s children are now as affected as their grandparents and we truly need a policy of putting health first.

January 14th, 2020
Gov't wants 100 VIslanders planting marijuana by May 2020

BAUGHERS BAY, Tortola, VI - Initially set with a target of 40 farmers for 40 acres of land, the now developing medical marijuana industry in the Virgin Islands (VI) will now target 100 Virgin Islanders with 50 acres of land to get them planting cannabis by May 2020.

January 13th, 2020
VI giving ‘ray of hope’ for improved judicial infrastructure in region- CJ Pereira

ROAD TOWN, Tortola, VI- Chief Justice (CJ), The Honourable Dame Janice M. Pereira, DBE, LLB has called for 2020 to be a year of action in all member states and Territories while noting that the Virgin Islands has given a ray of hope in the area of physical structures and equipment necessary for effective judicial work.

January 13th, 2020
New CDB backed revolving fund created for young entrepreneurs

BAUGHERS BAY, Tortola, VI - Young entrepreneurs in the Virgin Islands (VI) will soon be able to access special business financing from the Caribbean Development Bank (CDB) through the National Bank of the Virgin Islands as part of a new revolving fund to boost local entrepreneurship.

January 13th, 2020
Incinerator will be ‘fully operational’ in 2 weeks- Premier Fahie

CAPPOONS BAY, Tortola, VI- Many persons who showed up at the Cappoons Bay Recreation Grounds on Saturday, January 11, 2020 to hear what Premier and Minister of Finance and First District Representative, Hon Andrew A. Fahie had to say about progress and plans in his constituency were no doubt eager to hear when they would be lifted from their discomfort arising from the incinerator at Pockwood Pond being down for more than a year.

January 13th, 2020
Gov’t seeking to acquire 600 acres of land around TB Lettsome Airport

CAPPOONS BAY, Tortola, VI- The Government of the Virgin Islands is now eyeing some 600 acres of land around the Terrance B. Lettsome International Airport located at Beef Island for development purposes.

January 12th, 2020
UPDATE: Taddy Bay Airport on VG reopens

VALLEY, Virgin Gorda, VI- The Taddy Bay Airport on Virgin Gorda has reopened, less than a week after it was closed due to a problem with the lone fire tender.

January 11th, 2020
NY Times lists VI as #2 travel destination for 2020

ROAD TOWN, Tortola, VI - US publication, The New York Times, has listed the [British] Virgin Islands as the No. 2 must travel tourism destination for the new year 2020 in a raving review that lists the territory as one of 52 top global destinations.

January 11th, 2020
Airplane accident temporarily closes Anegada Airport

BEEF ISLAND, Tortola, VI - The Auguste George Airport at Anegada was yesterday, Friday, January 10, 2020, temporarily closed after a minor accident with an inbound aircraft at around 2:25 pm.

January 11th, 2020
Brexit & Offshore Finance

By Dickson C. Igwe

Brexit will be a boon to the offshore finance industry in the short term, at least

Will Brexit be advantageous to offshore finance? The answer could well be yes.

The European Union is pro-regulation of offshore finance for obvious reasons. The EU is much less of a deregulated economy than a Post Brexit UK is likely to become.

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