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Finance and Business

December 20th, 2018
HoA to continue today Dec 20, 2018, in new sitting

ROAD TOWN, Tortola, VI - The Virgin Islands’ (VI) House of Assembly (HoA) will meet again today Thursday, December 20, 2018, in a new session after an almost marathon meeting over the controversial Economic Substance (Companies and Limited Partnerships) Act of 2018.

December 20th, 2018
Thieves get comfortable without accountability – Hon Fahie

ROAD TOWN, Tortola, VI – On the heels of the Virgin Islands (VI) marking its 40th Anniversary of the end of ‘Grant-In-Aid’ from the United Kingdom (UK), Leader of the Opposition and Chairman of the Virgin Islands Party (VIP) Hon Andrew A. Fahie (R1) underscored the importance of the VI taking its financial management seriously.

December 19th, 2018
Wake-Up Call!

By Kenneth G. Gladstone

If you catch a black cat and paint it white, isn’t it still the same black cat? And, if your house was painted red, and you strip the red paint off then paint it blue, isn’t it the same house?

December 19th, 2018
VI’s financial independence must be celebrated - E. Benito Wheatley

ROAD TOWN, Tortola, VI – With the introduction of the Virgin Islands (VI) Ministerial Government in 1967, finance was not a portfolio devolved to the elected Government.

December 19th, 2018
‘We are in trouble’ - Hon Julian Fraser RA on Economic Substance Bill

ROAD TOWN, Tortola, VI - The Virgin Islands (VI) could see itself facing economic blacklisting from the European Union (EU), if a Bill entitled “Economic Substance Company and Limited Partnership Act 2018,” tabled in the House of Assembly (HoA) yesterday, December 18, 2018, is not passed.

December 18th, 2018
Walwyn lashes out at AG yet again; disputes latest Fact Check

ROAD TOWN, Tortola, VI – Co-Leader of Government and Minister for Education and Culture, Hon Myron V. Walwyn (AL) has again lashed out at the Auditor General (AG), Ms Sonia M. Webster over her findings in the Wall Report on the ‘small wall’ commissioned by him around the Elmore Stoutt High School (ESHS).

December 18th, 2018
Secret plans unveiled for 'Palm Grove Centre' Land

ROAD TOWN, Tortola, VI – Demolished in August 2018, the Palm Grove Shopping Centre was one of the earlier buildings on Wickham's Cay, built as a mall.

December 18th, 2018
Trade Dept pushing “shop local” initiative for VI businesses

ROAD TOWN, Tortola, VI – Business owners are being encouraged to participate in an upcoming workshop and trade show being organised by the Department of Trade, Investment Promotion and Consumer Affairs to be held on Friday, December 21, 2018.

December 17th, 2018
AG stands 100% by Wall report; Calls Walwyn dangerous!

ROAD TOWN, Tortola, VI - In a bombshell press release issued this afternoon, Monday, December 17, 2018, by the Auditor General (AG), Ms Sonia M. Webster, she sought to defend her office and the report on the small wall around the Elmore Stoutt High School (ESHS), by standing 100% behind the findings.

December 16th, 2018
NDP to hold public consultations on Consumer Protection Bill

ROAD TOWN, Tortola, VI – The Government of the Virgin Islands (VI) has announced the proposed draft of the Consumer Protection Act, 2018, and will be undertaking a series of public consultation meetings for which further information will be forthcoming.

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