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Finance and Business

May 23rd, 2019
Premier Fahie addresses hundreds of tourism investors in Miami

MIAMI, Florida, USA - As the Virgin Islands Party (VIP) Government continues its aggressive push towards improving the territory’s tourism sector, Premier and Minister of Finance, Hon Andrew A. Fahie (R1) attended the Caribbean Hotel and Resort Investment Summit (CHRIS), in Miami Florida.

May 20th, 2019
Stonewalled! No paper trail in $7.2M BVI Airways deal

ROAD TOWN, Tortola, VI – Having now to answer for the $7.2M BVI Airways deal that crumbled under the previous Premier, Dr. D. Orlando Smith’s National Democratic Party (NDP) administration, Premier and Minister of Finance, Hon Andrew A. Fahie (R1) dropped a bombshell that even as the Virgin Islands Party (VIP) is now at the helm of government, little to no information can be found on the botched project and missing funds.

May 19th, 2019
UPDATE: No one in HoA can 'direct' Speaker - Premier Fahie

ROAD TOWN, Tortola, VI – The legal fees incurred in the court battle between Speaker of the House of Assembly (HoA) Honourable Julian Willock and Fourth District Representative-Elect Mr Mark H. Vanterpool will be brought to the House of Assembly when the legal issues are completely resolved in the courts.

May 18th, 2019
Cruise Lines commit to 1000 Jobs Initiative - Premier Fahie

ROAD TOWN, Tortola, VI – Following the launch postponement of the Virgin Islands Party (VIP) 1000 Jobs in 1000 Days initiative on Tuesday, May 14, 2019, Virgin Islands (VI) Premier and Minister of Finance, Hon Andrew A. Fahie (R1) has assured that the programme is still on track and revealed that several major companies are already lined up for the government partnership.

May 18th, 2019
The Road to El Dorado

By Dickson C. Igwe

For the effective policymaker pursuing a Virgin Islands national vision, both current economic ideas—austerity and stimulus—offer a route to the land of Milk and Honey.

May 17th, 2019
Banco Popular to open on VG in August 2019- Premier Fahie

ROAD TOWN, Tortola, VI- Residents and other persons on Virgin Gorda will have access to much needed banking facilities by August of 2019, according to Premier and Minister of Finance Honourable Andrew A. Fahie (R1) during the Third Sitting of the First Session of the Fourth House of Assembly today, May 17, 2019.

May 16th, 2019
Hon de Castro discusses outsourcing business opportunities in Curacao

WILLEMSTAD, Curaçao – Hon Sharie B. Y. de Castro (AL), in her portfolio as Junior Minister for Trade and Economic Development, during the period May 7-10, 2019 attended the ‘Outsource to the Caribbean Conference’ (OCC) in Curaçao where the VI is looking to capitalise on the outsourcing business sector.

May 15th, 2019
It's Premier Fahie's turn to face questions on $7.2M failed BVI Airways deal!

ROAD TOWN, Tortola, VI - Third District Representative, Hon Julian Fraser RA intends to make good on a promise he made during the Tuesday, March 12, 2019 First Sitting of the First Session of the Fourth House of Assembly (HoA), by making the Premier and Minister of Finance, Hon Andrew A. Fahie (R1), 'Tell us where the money for the plane went'.

May 13th, 2019
VI accounts reportedly affected in FirstBank 'security breach'

ROAD TOWN, Tortola, VI – With reports that the FirstBank branch in neighbouring United States Virgin Islands (USVI) has been cancelling debit cards of account holders, following an external security breach, Virgin Islands News Online (VINO) understands that some accounts in the Virgin Islands (BVI) have also been affected.

May 13th, 2019
State of internet service hampering economic growth- Premier Fahie

ROAD TOWN, Tortola, VI- The state of internet service in the Territory has been described as a “technological crisis” by Premier and Minister of Finance Honourable Andrew A. Fahie (R1), who says he intends to urgently summon heads of the various telecommunications companies to address the issues.

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