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Finance and Business

May 1st, 2020
Premier lodges complaint against Governor over BVI Airways report

ROAD TOWN, Tortola, VI - Premier and Minister of Finance, Hon Andrew A. Fahie (R1) has revealed he has had cause to lodge a formal complaint against Governor Augustus J. U. Jaspert for not laying the BVI Airways Audit Report to Cabinet in ample time for it to be properly analysed before heading to the House of Assembly (HoA).

April 30th, 2020
BVICCHA wants curfew relaxed for 12 hours daily

ROAD TOWN, Tortola, VI- Balancing opening hours with giving staff time to take care of their personal matters in the 7-hour window of operation permitted in the phased soft opening of the Virgin Islands is seen as the main challenge for businesses.

April 30th, 2020
Target 'high-end' people with 7% bank transfer fee - Skelton-Cline

BAUGHERS BAY, Tortola, VI - Calling for the money transfer locations to be opened and affirming his support for the 7% fee on monies sent out the country, 'Honestly Speaking' radio show moderator, Mr Claude O. Skelton-Cline has called on the Andrew A. Fahie (R1) administration to start targeting those who export monies through the local banking system.

April 30th, 2020
'High impacting' Gov't services to resume next week- David D. Archer Jr

ROAD TOWN, Tortola, VI- Government services are slated to resume operations next week, Monday, May 4, 2020.

April 29th, 2020
Money transfer services not part of 'internal economy'- Premier Fahie

ROAD TOWN, Tortola, VI - Premier and Minister of Finance, Hon Andrew A. Fahie (R1) has indicated that for now, money transfer services will not be allowed to operate as part of phase one of the Virgin Islands (VI) economic reboot following a territory-wide lockdown due to the COVID-19 pandemic.

April 29th, 2020
'UK standing in the way of your stimulus package'- Skelton-Cline

BAUGHERS BAY, Tortola, VI- "The United Kingdom is standing in the way of your stimulus package," were the worrying words of government consultant and ZBVI radio show moderator, Mr Claude O. Skelton-Cline to the people of the Virgin Islands on Monday, April 27, 2020.

April 28th, 2020
Territorial Provisioning Logistical Plan to be audited- Premier Fahie

ROAD TOWN, Tortola, VI- “We believe that we must police ourselves,” Premier and Minister of Finance Honourable Andrew A. Fahie (R1) stated in announcing that Cabinet Ministers led the discussions to ensure the Territorial Provisioning Logistical Plan, which was put in place to ensure no one went hungry during the additional week of 24-hour curfew that ended on April 27, 2020, is audited.

April 28th, 2020
'Ain't much you can do in 7 hours'– Resident

ROAD TOWN, Tortola, VI- As the Virgin Islands reopens in a phased manner for seven hours per day, for the next two weeks, some residents are questioning how much can one really do within that space of time.

April 28th, 2020
COVID-19: Hire BVI survey says just 4% of businesses increased salaries

ROAD TOWN, Tortola, VI - Local employment website HIRE BVI has published the findings of a recent study predicting dire economic projections for the Virgin Islands as a result of the COVID-19 pandemic, with debt collection a shared challenge for local companies and just 4% increasing salaries.

April 27th, 2020
Premier Fahie is the 'man for the hour'- Skelton-Cline

BAUGHERS BAY, Tortola, VI- Giving the assurance that the Territory has a capable captain steering the ship in uncharted waters, pastor and commentator Mr Claude O. Skelton-Cline has said he can personally assure the Premier Andrew A. Fahie (R1) administration will deliver a comprehensive plan for the Territory moving forward.

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