Finance and Business
'It's important we go after every penny'- Hon Wheatley on Charging Orders Act
ROAD TOWN, Tortola, VI- Several legislators have publicly backed the amendments to the Charging Order Act of 2019, stating that it is timely, and the Territory will benefit.
'The TRC needs a shot in the arm’– Hon Marlon A. Penn
ROAD TOWN, Tortola, VI – Arriving late at the continuation of the Fifth Sitting of the Second Session of the Fourth House of Assembly (HoA) today, Thursday, February 27, 2020, Opposition Leader Hon Marlon A. Penn (R8) publicly threw his full support behind Mr Vance M. Lewis, as the Chair of the local Telecommunications Regulatory Commission (TRC).
Paul D. Bayly Out! Anthony S. McMaster In! as Acting CEO @ RDA
ROAD TOWN, Tortola, VI- The controversial Virgin Islands Recovery and Development Agency (RDA), which many Virgin Islanders continue to be suspicious about, and see it as an alternative Government, is in the spotlight again.
UPDATE: HoA off to late start; Opposition no show @ opening
ROAD TOWN, Tortola, VI- In an unprecedented move, at the continuation of the Fifth Sitting of the Second Session of the Fourth House of Assembly (HoA) today, Thursday, February 27, 2020, all of the Opposition Members were a no show when the house opened at its chambers in Road Town at around 10:45am.
VI should have diversified economy earlier rather than later- Lisa Penn-Lettsome
BAUGHERS BAY, Tortola, VI - Executive Director of International Business in the Virgin Islands, Mrs Lisa Penn-Lettsome says the drop in the Territory's financial services sector was mathematically forecasted based on growth figures from the last 20 years, hence, strategies should have been in place to counter the drop in the sector.
Hon Malone speaking 'nonsense if you ask me’- Hon Turnbull
ROAD TOWN, Tortola, VI- Opposition Member Honourable Melvin A. Turnbull (R2) appeared slightly irate by Minister for Health and Social Development Hon Carvin Malone’s (AL) response to concerns from residents of Jost van Dyke, calling it ‘nonsense’ during the House of Assembly on Tuesday, February 25, 2020.
Statutory body proposed to lead Agriculture revival in VI
ROAD TOWN, Tortola, VI- As part of a broad initiative towards creating food security in the Virgin Islands, a statutory body has been proposed to take the lead on agricultural development in the Territory.
Premier ‘optimistic’ UK’s loan guarantee offer will work out
ROAD TOWN, Tortola, VI- Premier and Minister of Finance Honourable Andrew A. Fahie (R1) said he is keeping hope alive that the United Kingdom’s offer to be a loan guarantor for the Virgin Islands for hurricane recovery and development will work out.
‘We have found planes, time for missing $7.2M to be found’- Premier Fahie
ROAD TOWN, Tortola, VI- The two missing planes intended to be operated by BVI Airways for its promised direct flight from mainland, USA to Beef Island in the Virgin Islands have been found and but the focus is now on recovering the $7.2M doled out to the failed airline by the previous National Democratic Party (NDP) Government.
Jevaughn J. Parsons appointed Director of Taxi & Livery Commission
ROAD TOWN, Tortola, VI- The Taxi and Livery Commission has been making steady progress towards regulating the transportation-for-hire industry since the new Board was appointed in October 2019, according to Minister for Transportation, Works and Utilities, Honourable Kye M. Rymer (R5).
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