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Finance and Business
Talks fruitful for return of Banking to VG – Premier
Road Town, Tortola, VI – Banking service is expected to make a full return to the sister island of Virgin Gorda (VG), after several months without a banking presence on the island following the exit of Scotiabank in September of 2018.
CIBC FirstCaribbean gives VI students first-hand experience to mark IWD
ROAD TOWN, Tortola, VI – CIBC FirstCaribbean Bank on Friday, March 8, 2019, last, on the occasion of International Women’s Day (IWD)—as part of its corporate social responsibility—used the occasion to give female students in the Territory the opportunity to engage in the administrative and day to day activities of providing Banking Services in the Virgin Islands (VI).
VI evades EU blacklisting; Premier credits NDP Gov’t
ROAD TOWN, Tortola, VI - After months of uncertainty over whether the Virgin Islands (VI) would be tax blacklisted for not meeting European Union (EU) requirements regarding fair taxation, the top European body announced that it recognises the VI as compliant with its fair taxation principles as well as being a cooperative jurisdiction.
Fraser Attacks: 'Tell us where the money for the Plane went'
ROAD TOWN, Tortola, VI - The territory of the Virgin Islands (VI) was reminded that with the heated elections campaign season over, there are major issues that the present government must deal with as matters of urgency, to the extent that Premier and Minister of Finance, Hon Andrew A. Fahie (R1) should currently be in the United Kingdom (UK).
Prospect Reef abandoned, a symbol of NDP failure
ROAD TOWN, Tortola, VI - It was in July 2017, that former Premier, Dr D. Orlando Smith, at a press conference, announced an agreement to re-developed Prospect Reef Resort.
UK Gov’t support of OTs welcoming - E. Benito Wheatley
WESTMINSTER, London, UK – Even with mounting pressure from the United Kingdom (UK) to regulate British Overseas Territories (OT’s) in areas like removing belongership status, legalising same-sex marriages and implementing the public beneficial ownership registries, former UK Representative for the Virgin Islands, E. Benito Wheatley says it is welcoming that the UK Government remains committed to the recovery of Caribbean OTs.
VI women ‘pigeonholed’ in work environment - Sharon P. Flax-Brutus
ROAD TOWN, Tortola, VI – As the world observed International Women’s Day, Director of Tourism, Mrs Sharon P. Flax-Brutus says women in the Virgin Islands (VI) still face severe challenges and are being marginalised in the professional environment even as progress has been made to demolish the glass ceiling both regionally and internationally.
OT & an unsustainable Brexit
By Dickson C. Igwe
In the long run, Brexit is unsustainable. But Brexit will impact Overseas Territories (OTs) of Great Britain in the Caribbean.
“Our people must come first” – Premier Andrew A. Fahie
ROAD TOWN, Tortola, VI - Premier and Minister of Finance and Tourism Honourable, Andrew A. Fahie (R1), has announced a plethora of initiatives aimed at fulfilling his campaign promises of providing 1000 jobs for persons and to raise the economic standing of the Territory.
NDP increased Airport fees before leaving Office
BEEF ISLAND, VI – The National Democratic Party (NDP1) Government days before being ousted from Office approved an Order that would see the controversial development works at the Terrance B. Lettsome International Airport on Beef Island, being financed in part by all passengers (including visitors and tourists) travelling in or out of the Virgin Islands (VI).
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