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News

September 24th, 2018
Banks! Who needs Who?

By Donald E. de Castro

Over the past years there have been many discussions about banking services here in The Virgin Islands (VI) and yes there is a lot to be desired, so let us look at some the issues that I have spoken about over the years.

September 12th, 2018
More BVI Airways Questions for September 13, 2018 HoA Sitting—Hon Fraser

ROAD TOWN, Tortola, VI - Questions on the tax payers $7.2 M squandered on BVI Airways—that never flew and with Government not collecting a dime back, is not going away anytime soon and will be the Legacy of outgoing Premier Dr the Honourable, D. Orlando Smith (AL)—are back on the Order Paper.

September 12th, 2018
Ports Authority seeks $5M more from First Caribbean Bank

ROAD TOWN, Tortola, VI - It was in 2014 that the BVI Ports Authority obtained a $50 million loan from First Caribbean International Bank, to help fund the Ports Development project.

September 11th, 2018
SOL St Lucia wins major BVIEC fuel contract over Delta Petroleum

ROAD TOWN, Tortola, VI - The British Virgin Islands’ Electricity Corporation (BVIEC), has awarded a major fuel contract to SOL St Lucia Limited (Ltd), to supply the government run utility with fuel and lubricants for the next five years.

September 9th, 2018
Riteway gives back to Customers

ROAD TOWN, Tortola, VI -Prices were slashed and free food and snacks were at the ready, along with door prizes, deals, giveaways, and free entertainment for kids, all part of the three-day Customers' Appreciation event at Rite Way Food Market stores in the Territory.

September 8th, 2018
Delaney takes over at CIBC

BRIDGETOWN, Barbados, WI - Regional financial services institution, CIBC FirstCaribbean International Bank, has announced the appointment of Ms Colette Delaney, as its new Chief Executive Officer, effective November 1, 2018. She succeeds Mr Gary Brown, who retires on October 31, 2018.

September 7th, 2018
UK is not an open cheque book for VI – Gov Jaspert

ROAD TOWN, Tortola, VI – Amidst calls for the United Kingdom (UK) government to inject more monies into the Virgin Islands (VI), to primarily aid in its recovery—after hurricanes Irma and Maria decimated the islands on September 6, 2017—sitting Governor Augustus J.U. Jaspert, made it clear, the UK is not an open cheque book to the Territory.

September 6th, 2018
PHOTO of the Day: It’s all In the flags @ NBVI

ROAD TOWN, Tortola, VI - Today, September 6, 2018, our roving camera observed the National Bank of the Virgin Islands (NBVI) has a new look.

September 5th, 2018
Are numbers bogus? Vanterpool claims cruise ships to bring in $100M annually by 2020

ROAD TOWN, Tortola, VI - The credibility of the ruling National Democratic Party (NDP) is at zero and everything they say, according to critics, must be 'fact-checked' because of their history of deliberate misinformation.

September 3rd, 2018
Economy performing well post hurricanes –Premier Smith

ROAD TOWN, Tortola, VI – The Virgin Islands' (VI) Chief Legislator with responsibility for its Finances, outgoing Premier and Minister of Finance, Dr the Honourable, D. Orlando Smith (AL), says the Territory is doing well, in its comeback after the devastation of hurricanes Irma and Maria.





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