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Finance and Business

December 4th, 2018
Hon Walwyn publicly bashes NDP detractors

ROAD TOWN, Tortola, VI – Chairman of the National Democratic Party (NDP), Honourable, Myron V. Walwyn (AL)), has now publicly condemned the actions of several party detractors, who in recent weeks resigned publicly, owing to differences in ideologies with the newly elected party leader.

December 3rd, 2018
VI must reflect on financial independence achieved 40 years ago

By E. Benito Wheatley

It should not be taken for granted that the Virgin Islands (BVI) is today financially self-sufficient or that the Government’s finances are managed by a Minister of Finance, appointed from among the elected representatives of the Legislature (i.e. House of Assembly).

December 1st, 2018
Poor Governance and Jack the Investor

By Dickson C. Igwe

Investors place their nest egg where there is stability, safety, security, transparency, and predictability. Good governance is critical to Jack the Investor.

December 1st, 2018
Antigua & Guyana Gov’ts concerned about sale of Scotiabank

CARIBBEAN 360

ST JOHN’S, Antigua – The government of Antigua and Barbuda appears to be in a fighting mood over plans by Scotiabank to sell off its operations in the twin-island nation, while Guyana has also expressed concern that the sale will create issues for the banking sector in that Caribbean Community (CARICOM) country.

November 30th, 2018
JMC 2018 Meetings: Premier to lead VI delegation in London

ROAD TOWN, Tortola, VI - Premier and Minister of Finance, Dr. the Honourable D. Orlando Smith (AL), will lead a delegation to the 2018 Joint Ministerial Council (JMC) meetings being held in London from December 4th through 5th, 2018.

November 29th, 2018
Harneys rebrand takes top honour at 'Transform Awards'

HONG KONG, Asia, Pacific - The Virgin Islands’ (VI) own ‘Harneys’ took the top honour for successful rebranding at the 2018 'Transform Awards Asia-Pacific,' held in Hong Kong on November, 20, 2018, last.

November 29th, 2018
Cabinet leases Blunder Bay! Private developers to build 5-Star Resort

NORTH SOUND, Virgin Gorda, VI – Virgin Gorda could soon be home to one of the world’s foremost five-star luxury resorts, at Blunder Bay, North Sound.

November 28th, 2018
Gov’t accepts $400K insurance claim for damaged 'Fishing Complex'

BAUGHERS BAY, Tortola, VI - The Government of the Virgin Islands (VI) has decided to accept $400,000, a settlement offer from NAGICO Insurance, to be accepted in full discharge of all claims made by the BVI Fishing Complex.

November 28th, 2018
RDA breaches rules to sideline locals from small contracts – Claude O. Skelton-Cline

BAUGHER'S BAY, Tortola, VI - ‘Honestly Speaking’ host, Mr Claude O. Skelton-Cline is questioning whether the $2M threshold, earmarked for local contractors under the Recovery and Development Agency’s (RDA) plans, is still in effect, and why contracts under that amount are being awarded to overseas-based companies.

November 27th, 2018
Pier Park Audit report for HoA

ROAD TOWN, Tortola, VI - Premier and Minister of Finance, Dr the Honourable D. Orlando Smith (AL), has announced that an audit report conducted into the Tortola Pier Park (TPP) Development project, by Accounting Firm, KPMG, will be tabled in the House of Assembly (HoA).

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