News
Prices & taxes gone up while ‘rate of pay constant’ in VI- Hon Malone
ROAD TOWN, Tortola, VI- Opposition Member Hon Carvin Malone (AL) has called on legislators to find ways to ease the burden on the people of the Virgin Islands (VI) as, according to him prices for goods and services, along with taxes, have gone up while the rate of pay has remained mostly constant.
Former Premier’s price gouging task force ‘never really functioned’- Dr Wheatley
ROAD TOWN, Tortola, VI– Virgin Islands (VI) Premier and Minister of Finance, Dr the Hon Natalio D. Wheatley (R7) has indicated that a task force set up by ex-Premier, Hon Andrew A. Fahie (R1) to address price gouging in the VI has never functioned.
Premier Fahie announces more tax cuts on cement, propane gas imports
ROAD TOWN, Tortola, VI – Virgin Islands (VI) Premier and Minister of finance, Hon Andrew A. Fahie (R1) has announced further tax reduction on the price of cement and gas to mitigate the effects of rising global costs on prices in the VI, as a result of COVID-19 and the Ukraine-Russia conflict.
2018 FLOW CARIFTA Games tickets officially go on sale
NASSAU, The Bahamas- Tickets for what the International Association of Athletics Federations’ (IAAF) President Lord Sebastian N. Coe calls the most exciting and thrilling junior track and field competition in the western hemisphere, the CARIFTA Games, officially went on sale on Monday, January 15, 2018.
Greed driving prices in the VI – resident
ROAD TOWN, Tortola, VI – One resident believes that much of the factors that help to create prices in the Virgin Islands (VI) are driven by greed.
No new relief measures expected from gov’t for shoppers - Premier
ROAD TOWN, Tortola, VI – Premier Dr the Hon. D. Orlando Smith has stated that no relief measures are expected from government for local shoppers. While assuring residents that after taking all factors into consideration, there is very little difference in prices between goods purchased in St Thomas and those purchased locally.
Inflation levels in Territory manageable- Premier
ROAD TOWN, Tortola, VI- To date, inflation levels in the Territory have been manageable and comparable to other Overseas Territories such as Bermuda and the Cayman Islands.
Hundreds flock “re-load and re-launch” One Mart for low prices
ROAD TOWN, Tortola, VI – Dubbed a “new type of shopping” in the Virgin Islands, One Mart Superstore has re-entered the shopping ring with a mandate to keep prices low as the store celebratwa its 25th anniversary, tied in with what its Re-load and Re-launch Celebrations.