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Finance and Business
Walwyn denies knowing wall project scaled back to 'avoid procurement procedures'
WICKHAM'S CAY II, Tortola, VI – Former Legislator and Education Minister under the National Democratic Party (NDP) Administration, Myron V. Walwyn said he continues to struggle to understand how work on an initially estimated $150,000 for 180ft of wall at Elmore Stoutt High School (ESHS) was scaled back to fall below $100,000, yet the work was still able to be completed at the previous scale for less cash.
VI delegation in Miami working to restore territory’s cruise tourism sector
MIAMI, Florida, USA – A delegation from the Virgin Islands is currently in Miami attending the Sea Trade Cruise Global, which opened its doors on September 27, 2021.
Proof of vaccination going digital next week- Dr Ronald E. Georges
ROAD TOWN, Tortola, VI- The travelling public will soon have easily accessible, digital proof of being vaccinated against COVID-19.
Strong growth for VI Financial Services in first half of 2021
ROAD TOWN, Tortola, VI- The [British] Virgin Islands (VI) financial services sector has continued to see strong growth in the first half of 2021, with a 68% increase in company incorporations and almost a three-fold (269%) increase in the registration of limited partnerships (LPs).
'We entered office with great enthusiasm'– Hon Wheatley
ROAD TOWN, Tortola, VI- Minister for Natural Resources, Labour and Immigration Honourable Vincent O. Wheatley (R9) said when the young Virgin Islands Party (VIP) Government entered office following the 2019 polls, they had great plans; however, they never anticipated a pandemic that would put the entire world in economic stress and cause governments to make difficult decisions.
COVID-19 Xray Crystallographic Examination of VI Economic Ills
Edgar Leonard
As the rest of the Caribbean region and in the spring of 2020, Coronavirus (COVID-19), a deadly global pandemic, struck the [British] Virgin Islands (VI), instilling fear among residents and changing lives, livelihoods, and circumstances.
Electronic gambling will significantly boost VI's tourism earnings– Hon Fahie
DUFF’S BOTTOM, Tortola, VI – Premier and Minister of Finance Honourable Andrew A. Fahie (R1) is betting on a future of electronic gaming in the Virgin Islands (VI) to significantly boost tourism revenues, while at the same time providing new economic opportunities for Virgin Islanders in areas of entrepreneurship and technical skills.
Fully vaccinated travellers can skip BVI Gateway Portal from Oct 1, 2021
ROAD TOWN, Tortola, VI- Premier and Minister of Finance Honourable Andrew A. Fahie (R1) has announced that fully vaccinated persons to the Virgin Islands will no longer be required to go through the BVI Gateway Portal for travel authorisation, effective October 1, 2021.
VI Gov't to disburse $4M in increments this year– Cabinet
ROAD TOWN, Tortola, VI- The Government of the Virgin Islands has pledged to disburse some four million dollars in increments to public servants this year.
HoA to seek more exemptions for Hon Neville A. Smith
DUFFS BOTTOM, Tortola, VI- Two motions to prevent Deputy Speaker Hon Neville A. Smith (AL) from having to vacate his seat as a legislator because a company he is affiliated to is seeking to or has entered into contracts with the Government of the Virgin Islands, will be moved at the 12th Sitting of the 3rd Session of the 4th House of Assembly (HoA), which starts today, September 22, 2021.
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