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Finance and Business

January 27th, 2021
Why are 4 UK nationals making top $$$$ from home with RDA?

ROAD TOWN, Tortola, VI- The Recovery and Development Agency (RDA) was commissioned in 2018 via an act of the House of Assembly (HoA) to assist the Territory as an independent body, with recovery after the killer storms Irma and Maria of 2017.

January 26th, 2021
BVIPA announces adjusted fees

PORT PURCELL, Tortola, Virgin Islands - The BVI Ports Authority (BVIPA) is announcing adjusted fees as amended in the British Virgin Islands Ports Authority (Amendment) Regulations, 2020.

January 26th, 2021
SSB lost $70M in interest under NDP Gov't– Premier Fahie reveals

BAUGHERS BAY, Tortola, VI- In a shocking revelation, Premier and Minister of Finance, Honourable Andrew A. Fahie (R1) has said the Social Security Board (SSB) lost some $70M in interest from monies invested under the previous National Democratic Party (NDP) administration.

January 25th, 2021
'Let them carry on with their mischief, we have nothing to hide' – Hon Vincent O. Wheatley

BAUGHERS BAY, Tortola, VI- Government ministers are on the road encouraging residents to not lose sleep over the recently launched Commission of Inquiry (CoI) into governance as they are confident that they have done no wrong and have nothing to hide.

January 25th, 2021
UK taxpayers to ‘fully fund’ questionable Commission of Inquiry

ROAD TOWN, Tortola, VI- With the public being made aware that the Commission of Inquiry (CoI) called by the controversial ex-governor Augustus J. U. Jaspert was likely called because of the duly elected Government of the Virgin Islands resisting his efforts to undermine it, and a strained relationship having occurred as a result, British taxpayers will not be impressed that this CoI being called on mostly rumours and unfounded allegations will be “fully funded” by them.

January 25th, 2021
USVI receives 2nd direct stimulus payments from US Treasury

VI CONSORTIUM

FREDERIKSTED, St Croix, USVI- The [US] Virgin Islands Bureau of Internal Revenue (BIR) has received its portion of the stimulus funds to be issued to US Virgin Islanders as part of the second coronavirus relief package signed into law by former President Donald J. Trump late December 2020, revealed Delegate to Congress Stacey E. Plaskett.

January 22nd, 2021
European Parliament wants VI back on EU tax haven blacklist

STRASBOURG, France – Members of the European Parliament (MEPs) based in Strasbourg, France will vote to add British Overseas Territories (OTs), including the [British] Virgin Islands (VI) to be added to European Union (EU) tax haven blacklist after the conclusion of the Brexit deal.

January 22nd, 2021
Major cruise liner requiring all passengers to be vaccinated

VI CONSORTIUM

LONDON, UK- United Kingdom-based Saga Cruises has become the first major cruise operator to require all its passengers to be Covid-19-vaccinated before participating in cruising on any of its ships.

January 22nd, 2021
Contractor awarded $300K contract to repair AG's Residence

ROAD TOWN, Tortola, VI- Premier and Minister of Finance, Hon. Andrew A. Fahie (R1) has called on a local contractor who was awarded the contract valued at $331,862.53 to repair the Attorney General’s Residence to remain on budget and on schedule.

January 22nd, 2021
Gov Jaspert tarnished VI's reputation with CoI media blast – Attorney Michael J. Fay QC

SEA COWS BAY, Tortola, VI- An attorney-at-law is convinced that the reputation of the Virgin Islands (VI) has been tarnished by the negative press in the announcement of a Commission of Inquiry announced recently by outgoing Governor of the VI, Mr Augustus J. U. Jaspert.

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