News
Local small businesses urged to develop stronger relationships with banks
ROAD TOWN, Tortola, VI- Deputy Premier and Minister for Financial Services, Labour, and Trade in the Virgin Islands, Hon Lorna G. Smith, OBE has partnered with the local banking sector to bring benefits for Micro, Small and Medium-Sized Enterprise (MSMEs) in the Virgin Islands, urging those businesses to build partnerships with the banking sector.
Gov’t will find ways to help businesses facing difficulties– Premier Wheatley
ROAD TOWN, Tortola, VI- Premier and Minister of Finance, Dr the Hon Natalio D. Wheatley (R7) says the government will continue to find ways to help businesses facing difficulties in the Virgin Islands (VI).
Increase payroll tax exemption to $15K- Hon Ronnie W. Skelton
ROAD TOWN, Tortola, VI- Opposition Leader Hon Ronnie W. Skelton (AL) has recommended that employees earning less than $23,000.00 annually be given an annual payroll tax exemption of the first $15,000.00 earned.
Tenders out for more infrastructure works @ Huntum’s Ghut Economic Zone
HUNTUMS GHUT, Tortola, VI - The Government of the Virgin Islands has invited tenders for the excavation and site clearance, construction of roadways, drainage, and repairs to the bathroom building at the Huntum’s Ghut Economic Zone, Huntum’s Ghut, Tortola.
Drastic increase in license fees harmful to small businesses- Skelton-Cline
BAUGHERS BAY, Tortola, VI- With the fees for trade licenses expected to dramatically increase, now that the Business Licensing Act 2020 has been passed in the House of Assembly (HoA), commentator Claude O. Skelton-Cline has opined that the expected hike in fees could be especially discouraging towards existing small businesses and the startup of such businesses.
Grant for small businesses is a 'jump start' - Karia J. Christopher
ROAD TOWN Tortola VI - "This grant is not seen as a replacement for the business sales. We don't expect that the funds enclosed in this envelope would be able to get you exactly where you have been," said Director of Trade, Investment and Consumer Affairs Mrs Karia J. Christopher.
US Treasury awards more than $4.4M for small businesses in USVI
VI CONSORTIUM
CHARLOTTE AMALIE, St Thomas, USVI— The US Treasury Department today September 27, 2016 announced that the US Virgin Islands (USVI) has received $4,477,239 in State Small Business Credit Initiative (SSBCI) funds to help small businesses access the capital they need to grow and create jobs, according to a release issued by the Treasury.
Access to capital, small population challenging to business – Louis Potter
ROAD TOWN, Tortola, VI – Chairman of the BVI Chamber of Commerce and Hotel Association (BVICCHA) Louis Potter said businesses in the territory face a number of challenges from access to capital to small population size, technical skills and support services as well as the lengthy process and wait times.
CCT treats customers to Waffle Therapy breakfast
ROAD TOWN, Tortola, VI – CCT Global Communications on Friday April 10, 2015 partnered with Waffle Therapy to bring to its customers a breakfast treat with a view to encouraging the public to support small businesses and to ultimately drive the economy forward.
VINO fires back @ Premier Smith’s childish statement on cartoon!
ROAD TOWN, Tortola, VI- On the night of March 25, 2015 we were overwhelmed with calls from readers, advertisers and many civil society personnel asking, if we had heard the latest attack on press freedom by Premier of the Virgin Islands Dr The Honourable D. Orlando Smith.