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Finance and Business

June 8th, 2020
Reports of persons entering VI & breaching quarantine order untrue- Premier

ROAD TOWN, Tortola, VI- As part of efforts to protect the Virgin Islands against the Novel Coronavirus, all Virgin Islanders, Belongers, Permanent Residents and Naturalised Citizens currently entering the Territory have to undergo a 14-day mandatory quarantine at a facility approved by Government.

June 8th, 2020
'Digitise aspects of your business & get it online' - Premier Fahie

ROAD TOWN, Tortola, VI - Addressing the economic impacts of COVID-19 on businesses around the world, Premier and Minister of Finance, Hon Andrew A. Fahie (R1) has called on local businesses in the Virgin Islands (VI) to start making moves to take advantage of technology and overcome shortfalls while boosting trade.

June 8th, 2020
BVI Airways Operators wanted Locals forced out of jobs- Audit report

ROAD TOWN, Tortola, VI- The Auditor General Ms Sonia M. Webster, in her report on the BVI Airways’ taxpayers $7.2M deal, has made some more shocking revelations.

June 7th, 2020
HoA continues Monday, June 8, 2020

DUFF’S BOTTOM, Tortola, VI- The Eighth Sitting of the Second Session of the Fourth House of Assembly (HoA) will continue at the Save the Seed Energy Centre in Duff's Bottom, Tortola, at 10:00 am on Monday, June 8, 2020, according to HoA spokesman Mr Linton V. Leonard in a press release today, June 7, 2020.

June 7th, 2020
Skelton-Cline blasts BVIEC over ‘heartless’ bill amnesty policy

BAUGHERS BAY, Tortola, VI – The Board of Directors and Management of BVI Electricity Corporation (BVIEC) has been put on blast over a policy that all bills up to April 2020 must be paid before a government-backed 3-month amnesty is granted.

June 5th, 2020
Republic Bank to ‘invest in local talent’; Retains all Scotiabank staff

ROAD TOWN, Tortola, VI- Republic Financial Holdings Limited (RFHL) completed its acquisition of Scotiabank’s operations in the [British] Virgin Islands on May 31, 2020, and all 51 staff members of former Scotiabank have been retained.

June 5th, 2020
Tortola Pier Park Ltd (TPPL) investors to receive 2018 dividend payout

WICKHAM'S CAY 1, Tortola, VI– Great news for 94 local shareholders as Tortola Pier Park Ltd. (TPPL) has been approved to issue Dividends for 2018.

June 4th, 2020
‘People want to make charitable contributions in BVI’- Premier Fahie

ROAD TOWN, Tortola, VI- One of the things I have recognised as Minister of Finance is that people want to make charitable contributions in the BVI,” said Premier and Minister of Finance, Honourable Andrew A. Fahie (R1) during remarks at the launch of the BVI Resilience Fund today, Thursday, June 4, 2020.

June 4th, 2020
HoA seeking 'legal advice' if it can reprimand Governor

DUFF'S BOTTOM, Tortola, VI - With uncertainty over whether the House of Assembly (HoA) of the Virgin Islands (VI) can actually reprimand the sitting Governor, His Excellency Augustus J.U. Jaspert, by way of a motion brought by senior legislator Hon Julian Fraser RA (R3), the House is now seeking legal advice on the way forward.

June 3rd, 2020
'It's our money working for us'- Premier on SSB grant for stimulus plan

BAUGHERS BAY, Tortola, VI - Amidst concerns from Opposition Leader Hon Marlon A. Penn (R8) that money from the Social Security Board (SSB) is being used in the Government's COVID-19 stimulus package, Premier and Minister of Finance, Honourable Andrew A. Fahie (R1) has said the money is the people's money and it will be put to work for them.

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