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Finance and Business

January 16th, 2018
141 businesses receive grants from Trade Department since hurricanes

ROAD TOWN, Tortola, VI - “We are pleased to report that we have distributed a first cohort for the grant programme, which is free money. To date, 141 recipients have received funding from the Government of the Virgin Islands — as much as $10,000,” said Director of the Department of Trade, Investment Promotion and Consumer Affairs, Mrs Karia J. Christopher.

January 16th, 2018
Willock proposes Citizen by Investment; Lottery as possible revenue streams

ROAD TOWN, Tortola, VI- A young businessman and former senior civil servant has criticised the post hurricanes recovery plan recently released by the National Democratic Party (NDP) for lacking what he terms a critical component- bold new revenue initiatives- but has also come forward with bold solutions to fill that void.

January 15th, 2018
Trump will be approached to invest in VI economy – Dr Kilari A. Paul

ROAD TOWN, Tortola, VI- One of the world’s most influential preachers, Dr Kilari Anand Paul, advisor to presidents and world leaders, has said he will be approaching President of the United States of America Donald J. Trump as part of his mission to influence world leaders and persons in other powerful positions and those with money to invest in the economy of the Virgin Islands (UK).

January 15th, 2018
‘I want my $7M back’- Shaina M. Smith

ROAD TOWN, Tortola, VI- With the National Democratic Party Government allotting a third of the total hurricane recovery funds, approximately 250 million, to the airport expansion project, many are again wondering what happened to the $7.2M of tax payers’ money already invested in BVI Airways for direct flights from Miami in the United States of America (US) to the Virgin Islands (VI).

January 14th, 2018
VG residents demanding a say in rebuilding of BFEC

VALLEY, Virgin Gorda, VI - With corporate entities in the territory committing to donating some $1.54M towards the rebuilding of Bregado Flax Education Centre on the sister island of Virgin Gorda, residents there are demanding a say in the process.

January 13th, 2018
‘Stop the lie’ - vendor to TPP management

ROAD TOWN, Tortola, VI - Controversy erupted following the announcement on December 15, 2017 by the management of Tortola Pier Park (TPP) that children under the age of 17 years were no longer allowed in the Park without the supervision of an adult 21 years or older.

January 13th, 2018
Irma & creative destruction

Dickson Igwe

The following story highlights the centrality of economics in disaster recovery, post Hurricane Irma, for the Virgin Islands. Hurricanes Irma and Maria, add major floods, devastated the Virgin Islands in September 2017. The country is under threat of a long economic recession owing to the September disasters. The correct and appropriate application of economics- scarce resource management- holds the answers to a short recession and full recovery.

January 11th, 2018
Amid controversial ban, Tortola Pier Park CEO Dona L. Regis departs

ROAD TOWN, Tortola, VI- Amid the controversial ban on minors accessing the Tortola Pier Park (TPP), its Chief Executive Officer Dona L. Regis is parting company with the Government owned facility.

January 10th, 2018
$$$ needed but not at expense of constitutional rights- Claude O. Skelton-Cline

ROAD TOWN, Tortola, VI- The United Kingdom (UK) has stipulated the establishment of an Independent Recovery Agency Board that is to coordinate the spending of funds for the recovery efforts for the Virgin Islands (VI).

January 10th, 2018
‘Come prepared to engage’ in consultations on recovery plans- Premier Smith

ROAD TOWN, Tortola, VI- Following many calls for town hall meetings to engage stakeholders and the ordinary man on the recovery and development plans for the Virgin Islands, the National Democratic Party (NDP) Government has rushed to hold a series of consultative meetings this week.



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