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Finance and Business

May 26th, 2021
Skelton-Cline’s contracts will be made public- Premier Fahie

ROAD TOWN, Tortola, VI- Premier and Minister of Finance Honourable Andrew A. Fahie (R1) has expressed surprise at the allegation from a reporter that the consultancy contracts penned between the Government of the Virgin Islands and Mr Claude O. Skelton-Cline are not available to the public via the registry.

May 26th, 2021
Cruise ship returns to Bermuda

CMC

HAMILTON, Bermuda — Bermuda tourism officials had double reason to celebrate over the weekend — the opening of a new luxury hotel in St George's and the arrival of the first cruise ship in more than a year.

May 25th, 2021
Joint-Agency Task Force decided to hire barges, not gov't – Premier

ROAD TOWN, Tortola, VI- While the Andrew A. Fahie-led government has received much praise on the regional and international scene for its foresight and handling of the pandemic, a prophet is 'without honour' in his own territory it seems, as fierce critics of the government- in order to create a picture of distrust and contention- have looked past the positive results of the surveillance platform and have falsely insinuated that the government was solely responsible for the hiring of the barges.

May 24th, 2021
Gov't acted with integrity to help people with stimulus grants – Premier Fahie

ROAD TOWN, Tortola, VI- “My government can say beyond the shadow of a doubt that we have acted with integrity to help the people with all the grants and none of the money has hit anywhere around us, it has hit its target, and it is up to whomever it is that received it could account for it.”

May 24th, 2021
VI Gov’t granted full participation in CoI

ROAD TOWN, Tortola, VI- With the reputation of the Virgin Islands and possibly its constitutional advances at stake, the Government of the Virgin Islands has successfully applied to the Commission of Inquiry (COI) to be granted full participation in the Inquiry into governance.

May 24th, 2021
Cash prizes to be won in TRC's 2021 video competition

ROAD TOWN, Tortola, VI- Residents of the Virgin Islands will have the opportunity to showcase their talents and creativity, as well as win handsome prizes, in the Telecommunication Regulatory Commission’s (TRC) annual video competition.

May 23rd, 2021
Britons can finally travel but no one knows where to!

CNN

LONDON, United Kingdom— After enduring months of lockdown, travel restrictions and unseasonably bad weather, people in the UK were finally given permission to head overseas for a vacation this week. It prompted an online rush to find flights, hotel rooms and sunshine.

May 21st, 2021
Legislators’ retirement benefits not a salary increase; 30 years overdue– Premier Fahie

ROAD TOWN, Tortola, VI – Premier and Minister of Finance, Hon Andrew A. Fahie (R1) says the recent decision by the House of Assembly (HoA) to address benefits for retired legislators (HoA) was an issue that has been outstanding for over 30 years.

May 21st, 2021
Regional Hurricane Catastrophic Windstorm Insurance Pool

Edgar Leonard

A few weeks ago, I penned an article on reimagining and retransforming the Caribbean Disaster Management Agency (CDEMA). One of the suggested recommendations in the article was to: Establish a regional windstorm/emergency disaster insurance pool to help fund individuals and businesses losses. As such, the purpose of this article is to wax briefly about the value and benefits of a catastrophic windstorm insurance pool.

May 21st, 2021
Mandatory vaccination in workplace issue engaging attention of Labour Minister & AG

ROAD TOWN, Tortola, VI- With the increasing allegations of certain employers mandating their employees to be vaccinated if they wish to continue working, especially in the hospitality sector, Premier and Minister of Finance Honourable Andrew A. Fahie (R1) said the issue has become a legal matter that is being explored by Labour Minister Honourable Vincent O. Wheatley (R9) and Attorney General Dawn G. Smith.

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