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Finance and Business

December 23rd, 2019
Increased reports of human rights breaches @ HMP- SFC Report

ROAD TOWN, Tortola, VI- Complaints Commissioner (CC) of the Complaints Commission, Mrs Sheila N. Brathwaite wants an independent third party designated to probe complaints about discrimination and human rights breaches in the Virgin Islands.

December 23rd, 2019
Oil boom begins in Guyana

BLOOMBERG

Exxon Mobil Corp. and its partners lifted the first commercial crude from Guyana, setting the small South American nation on a path to potentially vast flows of oil revenues.

December 22nd, 2019
BVICCHA reflects on key accomplishments for 2019

ROAD TOWN, Tortola, VI- Advocating on various bills, hosting a first Business Solutions Forum in collaboration with the Premier’s Office, increasing awareness of the Multi-Employer Pension Plan and launching a new website as well as a ‘Visit BVI’ magazine are some of the key accomplishments of the BVI Chamber of Commerce and Hotel Association (BVICCHA) for 2019.

December 20th, 2019
Airbus a318, largest commercial plane lands @ TB Lettsome Airport

TRELLIS BAY, Beef Island, VI- Airlift history was created in the Virgin Islands today, December 20, 2019 when the largest commercial plane to the Territory touched down at the Terrance B. Lettsome International Airport on Beef Island.

December 20th, 2019
40 farmers to be trained to grow marijuana - SFC Report

ROAD TOWN, Tortola, VI - As the Government of the Virgin Islands (VI) prepares to enter the medical marijuana business, the plan is to train some 40 farmers to cultivate a special strand of the plant on 40 acres of land earmarked in Paraquita Bay.

December 20th, 2019
RDA CEO earning big bucks to manage people picking up garbage – Hon Fraser

ROAD TOWN, Tortola, VI- Senior legislator and Opposition Member, Honourable Julian Fraser RA (R3) has said CEO of the Recovery and Development Agency (RDA), Mr Paul D. Bayly is earning big bucks to manage people who collect garbage around the Virgin Islands.

December 20th, 2019
HLSCC gets $100K annual donation from UNITE BVI

ROAD TOWN, Tortola, VI - Following reports of a number of funding and resources challenges at the local H. Lavity Stoutt Community College (HLSCC), the institution will now get $100,000 added annually to its coffers, in addition to a $200,000 annual commitment from the Government of the Virgin Islands under the 'Back to the Sea' initiative.

December 19th, 2019
‘This budget frightens me’- Hon Maduro-Caines

ROAD TOWN, Tortola, VI- Opposition Member and Sixth District Representative, Hon Alvera Maduro-Caines has said something must be done about the rising recurrent expenditure in national budgets.

December 18th, 2019
2020 Budget debated & passed in HoA; Presented to Governor

ROAD TOWN, Tortola, VI- The $414,008,611.00 National Budget for 2020 presented by the Virgin Islands Party (VIP) Government was passed at the Second Sitting of the Second Session of the Fourth House of Assembly on Friday, December 13, 2019 and has since been sent to Governor Augustus J. U. Jaspert for assent.

December 18th, 2019
'I don't like to see people fired but...'- Premier Fahie on public service

ROAD TOWN, Tortola, VI- With an already bloated civil service that devours a major portion of recurrent expenses, Premier and Minister of Finance, Honourable Andrew A. Fahie (R1) has said he is unwilling to unnecessarily increase the public service, a stance he said may gain him some unpopularity.

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