News
$1.7M income projected from 7% fee on $$ transfers for 2020- Premier
ROAD TOWN, Tortola, VI - The 7% transaction fee to take 7 cents of every dollar sent overseas through money transfer providers like Western Union and Moneygram have been generating huge incomes for Government, according to Premier and Minister of Finance, Hon Andrew A. Fahie (R1).
VI must beware of the 'Amazons' of the world- Hon Penn
ROAD TOWN, Tortola, VI - Ahead of the passing of the Virgin Islands 'Consumer Protection Act, 2020' last evening June 8, 2020, in the House of Assembly (HoA), Opposition Leader Hon Marlon A. Penn (R8) urged legislators to advance Fair-trade legislation with the aim of protecting local businesses.
Restricted businesses told to 'ready facilities' for Sunday opening
ROAD TOWN, Tortola, VI - Businesses and organisations, who have not yet received Cabinet approval to open as part of the phased economic rebooting of the Virgin Islands (VI), have now been told to open for the purpose of getting their facilities ready to meet social distancing and other requirements for opening on Sunday, May 10, 2020.
Premier Fahie shares VI’s COVID-19 struggles @ Caribbean Finance Ministers Meeting
ROAD TOWN, Tortola, VI- Premier and Minister of Finance, Honourable Andrew A. Fahie (R1), has told Caribbean Heads of Government and Ministers of Finance that COVID-19 is placing significant pressure on the Virgin Islands economy as the Territory combats the spread of the coronavirus.
'Ain't much you can do in 7 hours'– Resident
ROAD TOWN, Tortola, VI- As the Virgin Islands reopens in a phased manner for seven hours per day, for the next two weeks, some residents are questioning how much can one really do within that space of time.
Caribbean resilience
Thomas C. Famous
Good Day to the Atlantic and Caribbean Family, those in the region and those around the world. Over the last few weeks, the world as most of us know it, has changed drastically. Even more so, for those of us living and working in the Atlantic and Caribbean region.
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.
'A lot of things can happen @ Brandywine Bay Beach'- Hon Natalio D. Wheatley
BRANDYWINE BAY, Tortola, VI - Following the opening of 'D-Tan Spot' by local sports organiser Mr Milton C. McLean and family at Brandywine Bay Beach, Minister for Education, Culture, Youth Affairs, Fisheries and Agriculture, Hon Natalio D. Wheatley (R7) noted that the area always had huge potental for development as a tourism hub.
Irma’s ‘price hiking’ covered in Consumer Protection Bill – Premier Fahie
GREAT HARBOUR, Jost van Dyke, VI – As reported by Virgin Islands News Online (VINO) on July 11, 2019 that the proposed Consumer Protection Act did not cover ‘price gouging’, Premier and Minister of Finance, Hon Andrew A. Fahie (R1) has moved to point out that while the legislation is indeed missing that term, it instead uses the term ‘price hiking’ in the bid to protect consumers from the practice.
The Labour Department to be renamed
ROAD TOWN, Tortola, VI- The Labour Department will soon be known as the Department of Labour and Workforce Development.
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