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Finance and Business

September 4th, 2020
Hon Turnbull falsely claims Gov’t spending $17K per barge

ROAD TOWN, Tortola, VI – Premier and Minister of Finance, Hon Andrew A. Fahie (R1) has shut down Opposition claims that the Virgin Islands Government is paying some $51,000 a day for three barges to boost the Territory's border security in the COVID-19 fight.

September 4th, 2020
Disclose the ‘real state’ of VI’s economic standing- Hon Penn

ROAD TOWN, Tortola, VI- Leader of Her Majesty’s Loyal Opposition, Honourable Marlon A. Penn (R8) wants the current state of the Virgin Islands economy to be disclosed.

September 1st, 2020
$8.9M in grants for USVI airports; UK still reaping $$ from VI

WASHINGTON DC, USA – While the United Kingdom (UK) based Air Safety Support International (ASSI) continues to take millions from the Virgin Islands (VI) treasury, over in the US Virgin Islands (USVI), the airports there will receive some $8.9M in infrastructure grants from the Donald J. Trump administration.

August 31st, 2020
VI residents 'stock up' for possible 2-week complete lockdown

ROAD TOWN, Tortola, VI- Many across the Territory have taken the advice of Premier and Minister of Finance, Honourable Andrew A Fahie (R1) seriously and from the break of day, August 31, 2020, began flocking to supermarkets and even hardware stores to stock up on supplies and other essentials in the event Cabinet decides on a 14-day complete lockdown.

August 29th, 2020
COVID-19 & building global supply resilience

By Dickson C. Igwe

The COVID-19 pandemic has changed the international business environment permanently.

The pandemic means that organizations around the globe must be able to react, adapt, and set up crisis management mechanisms, in order to weather situations of uncertainty swiftly.

August 28th, 2020
This Week We feature Young Professional Alonya J. Ophelia

By Ron O. D’Avilar

Virgin Gorda resident Alonya J. Ophelia is not your average teenager. Her creativity and passion for desserts have led to the creation of a sweet business, ‘Alonya's Delectable Delights,’ the home of unique desserts and pastries in the Virgin Islands.

August 28th, 2020
Premier slams Opposition for 'fanning flames of misinformation'

ROAD TOWN, Tortola, VI - Premier and Minister of Finance, Hon Andrew A. Fahie (R1) has blasted Opposition Members for what he called mischief and spreading misinformation, following an Opposition press briefing where comments were made about an alleged antagonistic relationship between the Fahie Administration and the Governor.

August 27th, 2020
'I have to do Voodoo maths' to allocate district funds - Hon Penn

ROAD TOWN, Tortola, VI - With many feeling the economic impacts of COVID-19, including families and businesses, Opposition Leader, Hon Marlon A. Penn (R8), along with Hon Melvin M. Turnbull (R2), said the $300,000 district fund allocation is hardly enough to meet the demands of those in need.

August 27th, 2020
‘This is harsh, but you prefer a little increment & no job?’- Premier to civil servants

ROAD TOWN, Tortola, VI- “This is harsh, but I have to ask you: would you prefer a little increment and no job? Or to hold the increment and have your job and then when we get better, then you get the increments?”

August 27th, 2020
BVIPA implements Health & Safety Protocols @ Cargo Ports

PORT PURCELL, Tortola, VI – The British Virgin Islands Ports Authority (BVIPA) has announced the implementation of health and safety protocols at its cargo ports.

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