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Finance and Business

November 29th, 2018
Cabinet leases Blunder Bay! Private developers to build 5-Star Resort

NORTH SOUND, Virgin Gorda, VI – Virgin Gorda could soon be home to one of the world’s foremost five-star luxury resorts, at Blunder Bay, North Sound.

November 28th, 2018
Gov’t accepts $400K insurance claim for damaged 'Fishing Complex'

BAUGHERS BAY, Tortola, VI - The Government of the Virgin Islands (VI) has decided to accept $400,000, a settlement offer from NAGICO Insurance, to be accepted in full discharge of all claims made by the BVI Fishing Complex.

November 28th, 2018
RDA breaches rules to sideline locals from small contracts – Claude O. Skelton-Cline

BAUGHER'S BAY, Tortola, VI - ‘Honestly Speaking’ host, Mr Claude O. Skelton-Cline is questioning whether the $2M threshold, earmarked for local contractors under the Recovery and Development Agency’s (RDA) plans, is still in effect, and why contracts under that amount are being awarded to overseas-based companies.

November 27th, 2018
Pier Park Audit report for HoA

ROAD TOWN, Tortola, VI - Premier and Minister of Finance, Dr the Honourable D. Orlando Smith (AL), has announced that an audit report conducted into the Tortola Pier Park (TPP) Development project, by Accounting Firm, KPMG, will be tabled in the House of Assembly (HoA).

November 26th, 2018
Opposition queries money owed by Gov’t & number of skilled workers in VI

ROAD TOWN, Tortola, VI - The Virgin Islands’ (VI) House of Assembly (HoA) will meet on Tuesday November 27, 2018, at the Road Town, Tortola, Chambers.

November 24th, 2018
The Boys Service Station Raffle Draws, Annette B. Halley is winner

SEA COWS BAY, Tortola, VI - The Boys Service Station held its ‘Black Friday’ raffle drawing, yesterday, evening, Friday, November 23, 2018.

November 24th, 2018
More than $1.2M in contracts given to ‘hand-picked’ contractors

ROAD TOWN, Tortola – The National Democratic Party (NDP) government of the Virgin Islands (VI), has, in its final days in power—before General Elections is called by April 16, 2019—seemingly adopted a policy of completely avoiding any competitive bidding process in the award of contracts.

November 24th, 2018
VI moves to ban Styrofoam, single use plastics

ROAD TOWN, Tortola, VI – Recognised internationally as the ‘Sailing Capital of the World’ and one of the premier tourist destinations in the sun-lit Caribbean, the Virgin Islands (VI) government, has in recent months been pushing for a greener environment and is now making moves that will soon see the ban of Styrofoam materials and single use disposable plastics, among other non-biodegradable products.

November 24th, 2018
Jack the wealthy globalist

By Dickson C. Igwe

Globalization will prevail over populism, Donald Trump, and Brexit. Why: because globalism benefits the investor. Globalism is driven by the investor.

November 23rd, 2018
Trefor A. Grant confirmed as Ports Authority Chairman

ROAD TOWN, Tortola, VI - National Democratic Party (NDP) insiders with Honourable Myron V. Walwyn's (AL) wing, have confirmed with this publication that Cabinet agreed at its Thursday, November 22, 2018, meeting, to appoint Mr Trefor A. Grant, as the Chairman of the BVI Ports Authority for three years.

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