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Finance and Business

November 23rd, 2019
Trump, Brexit & Nazi Germany

By Dickson C. Igwe

Austere trickledown economics has created a dangerous world. The western world especially the US and UK are in a similar place the world sat in 1935. In the US and UK xenophobia and race hate has spiralled.

November 22nd, 2019
Gov't mulls Motorsports as new tourism product

ROAD TOWN, Tortola, VI - The Virgin Islands (VI) may soon be venturing into motorsports as a new tourism product if plans materialise. This according to Premier and Minister of Finance, Hon Andrew A. Fhaie (R1).

November 22nd, 2019
Digicel giving away over $60k in cash & prizes this Xmas

ROAD TOWN, Tortola, VI- Digicel customers in the Virgin Islands (VI) and across the Caribbean region have been given the opportunity to win over $60,000 in cash and prizes this Christmas through the ‘Shake It & Win’ promotion.

November 21st, 2019
Tourist arrivals up 75.9% in VI compared to 2018

ROAD TOWN, Tortola, VI- The first six (6) months of 2019 saw an increase in the arrival of tourists to the Virgin Islands (VI) compared to the same period in 2018, according to Premier and Minister of Finance, Hon Andrew A. Fahie (R1) in his recent 2020 Budget Address.

November 21st, 2019
BVIPA records significant increase in revenue for last 10 months

ROAD TOWN, Tortola, VI- The BVI Ports Authority (BVIPA) has shown a significant increase in revenue in less than a year, which confirms the continuous verbalised conviction of the Virgin Islands Party (VIP) Administration that the entity has the potential of being a major revenue earner once managed correctly.

November 20th, 2019
VI to begin establishing medicinal marijuana industry in 2020

ROAD TOWN, Tortola, VI- After years of the Territory toying with the idea, Premier and Minister of Finance Hon Andrew A. Fahie (R1) has announced plans to begin establishing a medicinal marijuana industry in 2020.

November 20th, 2019
VI to offer duty-free fuel to mega yachts

ROAD TOWN, Tortola, VI - Mega yachts that sail the pristine waters of the Virgin Islands (VI) will soon benefit from a new duty-free fuel initiative under the condition that they remain in the territory for three days and more.

November 19th, 2019
Caribbean Airlines may fly to VI in 2020

ROAD TOWN, Tortola, VI- Travellers to and from the Virgin Islands will have added airlift options in 2010, according to Premier and Minister of Finance, Honourable Andrew A. Fahie (R1).

November 19th, 2019
$414M Budget for 2020 announced; No new tax measures!

ROAD TOWN, Tortola, VI- The Virgin Islands Party (VIP) Government that swept to power at the February 25, 2019 general elections has announced a 2020 Budget of $414,008,611 under the theme ‘Transformation for resilience and sustainability: SMART strategies, Empowered People, and Green Development’.

November 19th, 2019
VI visas soon on sale @ various airports- Premier Fahie

ROAD TOWN, Tortola, VI - As part of an overall push to boost tourist arrivals in the Virgin Islands (VI), Premier and Minister of Finance, Hon Andrew A. Fahie (R1) has disclosed the territory will soon be selling a special category of visitor's visa that can be purchased en route to the territory or at a local airport.

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