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Finance and Business

March 3rd, 2020
‘The Cayman Islands are eating our lunch’– Hon Fraser

ROAD TOWN, Tortola, VI- Senior Legislator and Opposition Member, Honourable Julian Fraser RA (R3) wants the Government of the Virgin Islands to go a step further and create a one-stop-shop to facilitate aircraft registry alongside merchant shipping registry.

March 1st, 2020
Gov’t addressing hurdles to fix access road to Long Bay Beach

ROAD TOWN, Tortola, VI- A smooth ride on the access road to the popular Long Bay Beach on Beef Island is not likely in a short period of time as government has a hurdle to cross.

February 29th, 2020
Fix internet woes or be sent home - Premier tells TRC Chair Vance M. Lewis

ROAD TOWN, Tortola, VI - Following the motion to appoint Mr Vance M. Lewis as the Chairman of the local Telecommunications Regulatory Commission (TRC), Premier and Minister of Finance Hon Andrew A. Fahie (R1) has made an ultimatum that he must get the work done with regards to fixing the Virgin Islands (VI) telecoms woes or be sent home.

February 29th, 2020
Corona: The joker in the pack

By Dickson C. Igwe

The Coronavirus appeared at a very volatile moment in world history. In a new post, the great financial recession of 2008 world, ruled by authoritarian types in Russia, China, India, Brazil, and even the supposedly freedom-loving USA, rising intolerance and racism, and a retreating global liberal democratic order, the politics of the Coronavirus, threatens massive economic, social, and political disruption.

February 29th, 2020
'It's important we go after every penny'- Hon Wheatley on Charging Orders Act

ROAD TOWN, Tortola, VI- Several legislators have publicly backed the amendments to the Charging Order Act of 2019, stating that it is timely, and the Territory will benefit.

February 27th, 2020
'The TRC needs a shot in the arm’– Hon Marlon A. Penn

ROAD TOWN, Tortola, VI – Arriving late at the continuation of the Fifth Sitting of the Second Session of the Fourth House of Assembly (HoA) today, Thursday, February 27, 2020, Opposition Leader Hon Marlon A. Penn (R8) publicly threw his full support behind Mr Vance M. Lewis, as the Chair of the local Telecommunications Regulatory Commission (TRC).

February 27th, 2020
Paul D. Bayly Out! Anthony S. McMaster In! as Acting CEO @ RDA

ROAD TOWN, Tortola, VI- The controversial Virgin Islands Recovery and Development Agency (RDA), which many Virgin Islanders continue to be suspicious about, and see it as an alternative Government, is in the spotlight again.

February 27th, 2020
UPDATE: HoA off to late start; Opposition no show @ opening

ROAD TOWN, Tortola, VI- In an unprecedented move, at the continuation of the Fifth Sitting of the Second Session of the Fourth House of Assembly (HoA) today, Thursday, February 27, 2020, all of the Opposition Members were a no show when the house opened at its chambers in Road Town at around 10:45am.

February 27th, 2020
VI should have diversified economy earlier rather than later- Lisa Penn-Lettsome

BAUGHERS BAY, Tortola, VI - Executive Director of International Business in the Virgin Islands, Mrs Lisa Penn-Lettsome says the drop in the Territory's financial services sector was mathematically forecasted based on growth figures from the last 20 years, hence, strategies should have been in place to counter the drop in the sector.

February 27th, 2020
Hon Malone speaking 'nonsense if you ask me’- Hon Turnbull

ROAD TOWN, Tortola, VI- Opposition Member Honourable Melvin A. Turnbull (R2) appeared slightly irate by Minister for Health and Social Development Hon Carvin Malone’s (AL) response to concerns from residents of Jost van Dyke, calling it ‘nonsense’ during the House of Assembly on Tuesday, February 25, 2020.

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