News
'More poverty in VI now than ever' - Hon Fraser
ROAD TOWN, Tortola, VI – Hon Julian Fraser RA, the Third District Representative in the Virgin Islands (VI) House of Assembly, says the territory continues to settle for ‘second-best’ as a people with regards to local industries, and as such, getting short-changed in the offshore business sector.
Walywn sees opportunity with Economic Substance Requirement
ROAD TOWN, Tortola, VI - Chairman of the National Democratic Party (NDP) Honourable Myron V. Walwyn (AL), believes there are positive spin offs for the growth of the Territory of the Virgin Islands (VI) in the long term, to be had from the European Union (EU) mandated, ‘Economic Substance Requirement.’
‘Expats will probably have to go back home’ – Dr Pickering
ROAD TOWN, Tortola, VI - As the people of the Virgin Islands (VI) fight against the establishment of the public registers of beneficial ownership, Dr The Honourable Kedrick D. Pickering (R7), Deputy Premier and Minister for Natural Resources and Labour, strongly expressed that if this Bill stands, many expatriates will have to leave the VI because the government will not be able to pay them.
Economies ‘built on sand’- Part A
Dickson Igwe
Countries that depend upon a single product and a single market for their economic existence put all their eggs into a single basket. When that basket takes a hit “all hell breaks loose.”
Close to 5000 take to streets in Decision March 2018
ROAD TOWN, Tortola, VI- It was a time to put political party and other issues aside and unite on a common front for the economic future of the Virgin Islands yesterday, May 24, 2018 when close to 5 thousand persons turned up for Decision March 2018.
Take it back! ‘We will not accept that rule’ - Hon Mark H. Vanterpool
ROAD TOWN, Tortola, VI – As the territory prepares for the most significant march in years, today May 24, 2018, Honourable Mark H. Vanterpool (R4), Minister for Communications and Works, along with Honourable Delores Christopher, Deputy Speaker and Fifth District Representative and Honourable Alvera Maduro-Caines (R6), came together for one last rally to convince the people in their district why they should take part in the march.
PHOTO of the Day: Hons D. Orlando Smith & Andrew A. Fahie hard @ work
LONDON, England, UK- They left the Virgin Islands on Monday May 14, 2018 to fight the ‘mother country’, the United Kingdom, over its House of Commons Bill passed on May 1, 2018 to make public beneficial ownership of offshore accounts.
Appleby drops Paradise Papers lawsuit against BBC & Guardian
ROAD TOWN, Tortola, VI- The controversial ‘Paradise Papers’, which came to light in November 2017, little more than a year after the 'Panama Papers' leak, had seen Appleby file a lawsuit against United Kingdom media outlets the BBC and the Guardian.
‘UK vote on public registry was unjustified & discriminatory’- Premier Smith
ROAD TOWN, Tortola, VI- He was late in coming out, when compared to the other British Overseas Territories; however, Premier and Minister of Finance Dr The Hon D. Orlando Smith (AL) came out swinging against the United Kingdom (UK) vote on making information on who owns offshore accounts public.
'We must not panic'- Dr Natalio D. Wheatley
ROAD TOWN, Tortola, VI- Ahead of a march planned for May 24, 2018 to demonstrate the Territory’s displeasure with attempts by the United Kingdom to derail the Virgin Islands’ legitimate financial services sector, a number of persons from the sector as well as business persons will be engaged in a public discussion at The Moorings Conference Room, Wickham’s Cay II, today, May 10, 2018 to brainstorm the way forward for the industry.
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