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Finance/Business

March 11th, 2010
Government finance officials sharpen skills in expenditure forecasting

Employees from the Ministry of Finance and the Development Planning Unit have been honing their skills in expenditure forecasting in an effort to help ready their departments to prepare a fiscal framework for the Virgin Islands.

March 10th, 2010
Tourist Board outlines new plans for tourism

A top official of the British Virgin Islands Tourist Board (BVITB) said the quasi-government agency is embarking on a three-pronged approach toward developing the BVI’s tourism industry.

March 10th, 2010
LIAT appoints new HR Director

ST. JOHN’S, Antigua: LIAT, the region’s largest airline, on Tuesday announced the appointment of Ilean Ramsey as its new Director of Human Resources.

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March 9th, 2010
Deputy Premier backs BiWater agreement

Road Town Tortola, VI: Amidst concerns expressed by local talk show hosts about Government’s recently signed water and wastewater contract with BiWater, Deputy Premier and Minister for Health and Social Development Hon. Dancia Penn OBE, QC, has thrown her full support behind the agreement.

March 7th, 2010
Marketing firm failed to deliver ‘value for money’, says Tourist Board Chairman

The British Virgin Islands Tourist Board (BVITB) said on Friday that high costs and a strained relationship were the reasons for terminating its contract with the Florida-based public relations and marketing firm Zimmerman Agency in mid-2008.

March 5th, 2010
Government reaffirms commitment to addressing ballooning expenditure; Premier delivers 2010 Budget

As Premier and Minister of Finance Honourable Ralph T. O’Neal, OBE, presented the Appropriation Act 2010 in the House of Assembly on Friday, one thing was made abundantly clear – “We intend to become more efficient and effective in advancing the cause of our people!”

March 5th, 2010
Ocean Conversion to provide water under new Government contract

Government will buy water from Ocean Conversion’s Bar Bay Desalination Plant in East End a rate of $17.00 per 1,000 imperial gallons for an initial period of seven years, according to a contract signed on Thursday.

March 4th, 2010
Son of T&T Prime Minister visits BVI on Exploratory Business Trip

A Trinidad and Tobago company is exploring the possibility of entering into joint business ventures with the Government and private sector in the Virgin Islands.

March 4th, 2010
Ocean Conversion expresses disappointment at the cut of its daily capacity from 1.7 million gallons to 500,000

STATEMENT BY GLENN HARRIGAN, PRESIDENT OF OCEAN CONVERSION (BVI) LIMITED ON THE SIGNING OF THE CONTRACT FOR THE BAR BAY PLANT WITH GOVERNMENT EARLIER TODAY.

March 3rd, 2010
March 5 is Budget Day

On Friday March 5, the territory will hear Government’s estimates of revenue and expenditure for 2010. On Budget Day, the Premier in his capacity as Minister for Finance will outline Government’s fiscal plans for the current year.

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