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Finance and Business

October 29th, 2019
Turnbulls to receive compensation for land encroachment after 47 years – Dr Wheatley

ROAD TOWN, Tortola, VI- The Turnbull family of Myers Estate on Tortola will be compensated by the Government of the Virgin Islands, nearly 50 years after the Enis Adams Primary School encroached on their property, Minister for Education, Culture, Youth Affairs, Fisheries and Agriculture Dr the Honourable Natalio D. Wheatley (R7) has said.

October 27th, 2019
PR firm doing geotechnical study for new Frenchman’s Cay Bridge

FRENCHMAN’S CAY, VI- With funding requested in the 2020 Budget Estimates, a new bridge will be designed and built to link Frenchman’s Cay and West End, Tortola.

October 27th, 2019
Tech companies looking to setup base in VI- Premier Fahie

ROAD TOWN, Tortola, VI - Even as the local telecommunications sector is in need of a major overhaul, Premier and Minister of Finance, Hon Andrew A. Fahie (R1) has indicated that several technology companies are looking to set up base in the Virgin Islands as his government continues to push for the diversification of the local economy.

October 25th, 2019
‘BVI can be the brain bank of the world’ – Hon Sharie B. deCastro

ROAD TOWN, Tortola, VI- Innovation Week or iWeek is part of a strategy being implemented by the Government of the Virgin Islands (VI) to equip new startups and small businesses with innovative ideas and advice from some of the most brilliant entrepreneurial minds of the territory.

October 24th, 2019
Premier Fahie mulls establishing regional ocean freight route

ROAD TOWN, Tortola, VI - Premier and Minister of Finance Hon Andrew A. Fahie (R1) says with economic reform on the way in the Virgin Islands, local and regional businesses should prepare themselves for the new opportunities that will come as a result of a diversified local economy and a new ocean freight route the territory is looking to develop.

October 23rd, 2019
VI welcomes inaugural call of Viking Sun

ROAD TOWN, Tortola, VI - As the Government of the Virgin Islands continues to push to address shortfalls in the local tourism industry, Premier and Minister of Finance, Hon Andrew A. Fahie (R1) on October 21, 2019, officially welcomed the Viking Sun cruise ship on its inaugural call to the Virgin Islands.

October 23rd, 2019
Mexican firm managing major airport in Jamaica

CARIBBEAN360

KINGSTON, Jamaica – The management of the Norman Manley International Airport (NMIA) has officially been handed over by Government to PAC Kingston Airport Limited (PACKAL).

October 23rd, 2019
Grenada signs order for Scotiabank takeover by Republic Bank

CARIBBEAN360

ST GEORGE’S, Grenada – Prime Minister and Minister of Finance Dr Keith Mitchell has become the first regional leader to sign the vesting order required to facilitate the acquisition of the Bank of Nova Scotia operations by Republic Bank Financial Holdings Limited.

October 23rd, 2019
'Irma exposed us to strengths we forgot we had' - Premier

ROAD TOWN, Tortola, VI - As the Virgin Islands (VI) makes steps towards it full recovery from the perils of hurricanes Irma and Maria of 2017, building resilience remains the focus of the Virgin Islands Party (VIP) administration, according to Premier and Minister of Finance Hon Andrew A. Fahie (R1) in a statement released early Wednesday morning, October 23, 2019.

October 23rd, 2019
‘We could have been looking for the planes together’- Premier Fahie to Hon Fraser

ROAD TOWN, Tortola, VI- It was implied in the House of Assembly recently that had the Third District Representative, Honourable Julian Fraser RA, stayed with the Virgin Islands Party (VIP) he could have been in government today assisting in the fight to recover the $7.2M thrown into the failed BVI Airways by the booted National Democratic Party (NDP) while they were in power.

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