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Finance and Business

January 24th, 2020
‘I too would like details about medical marijuana’ – Hon Fraser

ROAD TOWN, Tortola, VI - Senior Opposition Legislator, Honourable Julian Fraser RA (R3) said despite being a member of the House of Assembly (HoA), he too is seeking information on Government’s proposed medicinal marijuana industry.

January 24th, 2020
'We are yet to see a plan' for fishing industry- Opposition Leader

ROAD TOWN, Tortola, VI- Opposition Leader Honourable Marlon A. Penn (R8) has criticised the Andrew A. Fahie (R1) led Government for not disclosing plans for the fishing industry in the Virgin Islands.

January 23rd, 2020
Agreement signed for redevelopment of Peter Island Resort

ROAD TOWN, Tortola, VI- Premier and Minister of Finance, Honourable Andrew A. Fahie (R1) has signed an agreement with Peter Island Limited for the redevelopment of its resort on behalf of the Government and people of the Virgin Islands.

January 23rd, 2020
MoU inked between HLSCC & Power 52 for solar technical training

PARAQUITA BAY, Tortola, VI - The Premier's Green Strategy initiative to put the Virgin Islands (VI) on the path towards becoming a green economy is now moving full speed ahead, with the signing of a new Memorandum of Understanding (MoU) between the H. Lavity Stoutt Community College (HLSCC) and Power 52 on Wednesday, January 22, 2020, for the training of local solar technicians.

January 22nd, 2020
BVIEC investigating faulty generating unit - Leroy A. E. Abraham

PARAQUITA BAY, Tortola, VI - The British Virgin Islands Electricity Corporation (BVIEC) is investigating a faulty generating unit which caused a total system shutdown and power disruption at the Henry Wilfred Smith Power Station in Pockwood Pond, resulting in two power outages today January 22, 2020, at 4:10 am then again at 12:05 pm this afternoon.

January 22nd, 2020
Remembering a dear friend of the VI: Former Scotiabank Managing Director Terry C. Bell

ROAD TOWN, Tortola, VI- When Scotiabank BVI ships out of the [British] Virgin Islands, having reached an agreement to sell 100 percent of its shares to Trinidad-based Republic Financial Holdings Limited, it will no doubt be leaving stacks of memories and emotions behind, none more cherished than that of its former Managing Director, the late Mr Terry C. Bell.

January 20th, 2020
VG cargo dock reopens following weather related closure

VALLEY, Virgin Gorda, VI- As a result of rough sea conditions today, January 20, 2020, the British Virgin Islands Ports Authority (BVIPA) in a release said it had to close the Virgin Gorda ferry and cargo dock earlier this morning.

January 17th, 2020
Cabinet meets; Trade Dept offers on-the-spot services on Anegada

THE SETTLEMENT, Anegada, VI- The residents of the sister islands of Anegada and Jost van Dyke are finally having the dreaded “stepchild” tag removed, thanks to the unconventional initiatives of the Virgin Islands Party (VIP) Government.

January 15th, 2020
Locals still snubbed for jobs after understudying expats - SFC Report

ROAD TOWN, Tortola, VI - Virgin Islanders are still not getting hired after understudying expats at local companies, even as legislation mandates the protection of locals employed in the Virgin Islands (VI) under that arrangement.

January 14th, 2020
Gov Jaspert says RDA lacked support from Gov't; Premier Fahie says not so!

ROAD TOWN, Tortola, VI- Following Virgin Islands News Online’s (VINO) first and accurate story earlier today, January 14, 2020 about the resignation of CEO of the Virgin Islands Recovery and Development Agency (RDA), Mr Paul D. Bayly, Governor Augustus J. U. Jaspert accused Government of not fully supporting the RDA, which drew a counter response by Premier and Minister of Finance Honourable Andrew A. Fahie (R1).

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