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Finance and Business

December 12th, 2013
UPDATE: Sacked Yates workers heading to Labour Dept. today

VALLEY, Virgin Gorda, VI – Determined to ensure that they get their deserved benefits after being sacked by Yates Associates Constructions Co. Ltd., a number of former employees say they are leading a delegation to the Labour Department today, Thursday December 12, 2013.

December 12th, 2013
'The security of my staff was centre of the deal'– Bruce Wong

FISH BAY, Tortola, VI – Former owner and Managing Director of Tola Mitsubishi, Mr Bruce Wong said selling the motor company was a personal decision to take him into retirement but foremost was to ensure the jobs of his staff were secured and that the company stays in the hands of a local.

December 11th, 2013
AIDA, Costa Cruises Reinstate Calls to the BVI for the 2014 - 2015 Cruise Season

ROAD TOWN, Tortola, VI - The British Virgin Islands Ports Authority (BVIPA) confirms that AIDA Cruises and Costa Cruise Line have both reinstated port calls to the BVI for the 2014/15 cruise season.

December 11th, 2013
JVD LIME customers frustrated at downtime for landline & internet

GREAT HARBOUR, Jost Van Dyke, VI – LIME BVI customers are outraged at being left without landline and internet services for their homes and business in Jost Van Dyke (JVD) over the past few days and have expressed concerns that LIME BVI may not be doing enough to remedy the situation in a timely manner.

December 10th, 2013
UPDATE: ‘Locals’ making use of BVITA customers' card drive- Julio S. Henry

ROAD TOWN, Tortola, VI – The BVI Taxi Association (BVITA) has reportedly been getting a favourable response to its recently introduced customers' cards.

December 2nd, 2013
Protest may not be the solution – Karl ‘Dub’ Scatliffe

ROAD TOWN, Tortola, VI – The newly elected President of the BVI Taxi Association, Mr Karl ‘Dub’ Scatliffe, has said it is his personal view that protesting the Office of the Premier may not bring about the desired results needed to address the concerns of the taxi industry over the pulling of a number of calls to the Virgin Islands by Carnival Cruise Line.

December 2nd, 2013
NDP signed only 3 TIEAs compared to VIP’s 22

ROAD TOWN, Tortola, VI- Despite their rhetoric and jet setting trips around the world, many Virgin Islanders and some in the Financial Services sector have said the ruling National Democratic Party government of Dr. the Honourable D. Orlando Smith has done little or nothing to protect our vital Financial Services industry.

November 27th, 2013
Scotiabank the first to bring Mutual Funds to the VI

ROAD TOWN, Tortola, VI- “It’s essentially about making the client better off financially and what we have done by bringing the mutual funds to the BVI is try to bring smart investments to the island to make people better off. Scotiabank is now the only bank on the island that can offer proprietary funds to its client base within the BVI,” said Senior Manager of Sales/Scotiabank Mutual Funds, Mr Randy Warrington in an exclusive interview with Virgin Islands News Online.

November 25th, 2013
Winners of Money Matters BVI radio quiz awarded

ROAD TOWN, Tortola, VI- Designed to stimulate and test the knowledge of Class 5 and high school students in financial services, Money Matters BVI- the official brand of the Financial Literacy Programme of the BVI Financial Services Commission- recently partnered with ZBVI Radio to conduct its second radio quiz of 2013.

November 25th, 2013
Tax havens urged to expose firms hiding fortunes on their shores

THE GUARDIAN

Campaigners have urged Britain's overseas territories to expose the true owners of shell companies set up on their shores to curb illicit financial flows that deprive poor countries of billions of dollars.

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