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Finance and Business

December 25th, 2019
VI to kickoff 2020 with fully approved budget - Premier Fahie

ROAD TOWN, Tortola, VI - When the new year begins on January 1, 2020, the Virgin Islands will embark on its $414,008,611.00 National Budget for that year that was passed at the Second Sitting of the Second Session of the Fourth House of Assembly on Friday, December 13, 2019, then subsequently sent to Governor Augustus J. U. Jaspert for assent.

December 24th, 2019
Hairdresser wins RiteWay’s $10K shopping voucher

PASEA ESTATE, Tortola, VI- "I can bless a few persons for Christmas now," were the elated words of Sophia A. Barriffe after winning the grand prize of RiteWay Food Markets' ‘December to Remember’ promotion minutes ago, December 24, 2019.

December 24th, 2019
Cabinet approves over $1.75M for Centre for Applied Marine Studies

PARAQUITA BAY, Tortola, VI- The Cabinet of the Virgin Islands has decided to subsidise the H. Lavity Stoutt Community College (HLSCC) as Government thrusts towards a blue economy.

December 24th, 2019
'Underutilised' public servants may be rotated to other departments- SFC Report

ROAD TOWN, Tortola, VI - With in excess of 2500 public officers currently employed in the Public Service, according to Director of Human Resources (DHR) Michelle Donovan-Stevens, the Government may be looking to rotate employees who are not being 'fully utilised' in the system.

December 23rd, 2019
Governor's Office looking to procure new $80K Lexus

ROAD TOWN, Tortola, VI- Even as the Territory is still in talks with the United Kingdom (UK) over the Loan Guarantee to secure funding for hurricane recovery and development, the Office of the Queen's representative, His Excellency Mr Augusts J. U. Jaspert, has its eyes set on two new luxury vehicles.

December 23rd, 2019
Increased reports of human rights breaches @ HMP- SFC Report

ROAD TOWN, Tortola, VI- Complaints Commissioner (CC) of the Complaints Commission, Mrs Sheila N. Brathwaite wants an independent third party designated to probe complaints about discrimination and human rights breaches in the Virgin Islands.

December 23rd, 2019
Oil boom begins in Guyana

BLOOMBERG

Exxon Mobil Corp. and its partners lifted the first commercial crude from Guyana, setting the small South American nation on a path to potentially vast flows of oil revenues.

December 22nd, 2019
BVICCHA reflects on key accomplishments for 2019

ROAD TOWN, Tortola, VI- Advocating on various bills, hosting a first Business Solutions Forum in collaboration with the Premier’s Office, increasing awareness of the Multi-Employer Pension Plan and launching a new website as well as a ‘Visit BVI’ magazine are some of the key accomplishments of the BVI Chamber of Commerce and Hotel Association (BVICCHA) for 2019.

December 20th, 2019
Airbus a318, largest commercial plane lands @ TB Lettsome Airport

TRELLIS BAY, Beef Island, VI- Airlift history was created in the Virgin Islands today, December 20, 2019 when the largest commercial plane to the Territory touched down at the Terrance B. Lettsome International Airport on Beef Island.

December 20th, 2019
40 farmers to be trained to grow marijuana - SFC Report

ROAD TOWN, Tortola, VI - As the Government of the Virgin Islands (VI) prepares to enter the medical marijuana business, the plan is to train some 40 farmers to cultivate a special strand of the plant on 40 acres of land earmarked in Paraquita Bay.

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