News
Doug Wheatley laments hike in prices after minimum wage increase
ROAD TOWN, Tortola, VI- Days after the implementation of the increase of $2 on the minimum wage in the Virgin Islands (UK) came into effect, the host of Speak Out BVI on 780 AM, Doug Wheatley, is lamenting that reports circulating indicate that already there has been a hike in prices in many areas.
Minimum wage increase to $8.35 takes effect in USVI
VI CONSORTIUM
CHARLOTTE AMALIE, St Thomas, USVI- As of yesterday, June 21, 2016, the minimum wage in the US Virgin Islands (USVI) rose from $7.25 to $8.35, thanks to a bill authored by Senator Jean Forde and signed into law by Governor Kenneth E. Mapp in March.
Did the business community dictate the new minimum wage of $6.00 per hour?
ROAD TOWN, Tortola, VI- While many see the newly recommended minimum wage of $6.00 per hour up a mere $2.00 since 1999 as being better than where it was before, it appears according to the Minimum Wage Advisory Committee Report made public on November 2, 2015 that this was decided almost singlehandedly by the business community.
VI residents spend more on housing & utilities than food- Minimum Wage Report
ROAD TOWN, Tortola, VI- While many residents continue to complain about the high cost of food in the Virgin Islands (VI), hence the need to travel to St Thomas, USVI to find cheaper food and goods, the Minimum Wage Advisory Committee Report revealed that money being spent on food is not where most residents income goes.
Discrimination? Sexism? Women paid less than men in the VI- Minimum Wage Report
ROAD TOWN, Tortola, VI- The Minimum Wage Advisory Committee Report 2015 was tabled in the House of Assembly (HoA) by the Minister for Labour, Dr The Honourable Kedrick D. Pickering (R7) on November 2, 2015.
'Gov’t not fooling anyone with $2 minimum wage increase'- Hon Julian Fraser RA
ROAD TOWN, Tortola, VI- Describing the recommendation of the Advisory Committee to raise the minimum wage from $4.00 to $6.00 as “peanuts” and that it “sounds like nothing”, Opposition Leader and Virgin Islands Party Chairman Hon Julian Fraser RA said the increase would mean nothing unless there is some consumer protection in place.
Advisory Committee recommends minimum wage moved to $6.00 per hour
ROAD TOWN, Tortola, VI – The Committee appointed to review the territory’s minimum wage has recommended an increase in the minimum wage by 50 percent from $4.00 per hour to $6.00 per hour.
‘Persons need to have more disposable income!’ – Richard C. de Castro
ROAD TOWN, Tortola, VI – Television commentator and talk show host Richard C. de Castro believes Government should seek to implement programmes which will allow for persons in the territory to have more disposable income after they would have cleared their monthly expenses.
No increase in minimum wage before NHI – Premier Smith
ROAD TOWN, Tortola, VI – With National Health Insurance (NHI) just on the horizon, more questions are being asked by various sections of the community. The most recent question is whether there will there be an increase in the minimum wage before NHI comes fully on stream in January 2016.
Building a healthy domestic market
By Dickson Igwe
A healthy domestic market is crucial to GDP growth and social stability. A healthy and dynamic local market protects against the vagaries of the global economy. In today’s unpredictable economic environment possessing a strong and robust internal economy is a rendition to wisdom in national governance.
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