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Finance and Business

June 26th, 2018
VI’s Financial Services under threat again

ROAD TOWN, Tortola, VI - The Virgin Islands (VI) has assembled a legal team to challenge a United Kingdom (UK) government’s decision—amendments to the Sanctions and Money Laundering Act—to counter one external threat, but it’s financial services sector faces another looming threat, if not addressed.

June 22nd, 2018
Our Young Professional this week is Kiaun N. R. Baptiste

By M. Gary Eleazar

Some University students find it difficult to balance their studies with their social life. Some complain of the struggles of working while pursuing their education. Then there are others, like 25-year-old, Virgin Islander, Kiaun N. R. Baptiste, who trudged through it all, to overcome his obstacles and maintain the focus and determination needed to succeed.

June 5th, 2018
Restoration Foundation to aid VI rebuilding efforts

ROAD TOWN, Tortola, VI - Established with the purpose of helping to restore the entrepreneurial spirit in the Virgin Islands (VI) in the aftermath of hurricanes Irma and Maria, the British Virgin Islands (BVI) Restoration Foundation, was officially launched on Thursday, May 31, 2018, at ceremony hosted at Ogier.

May 31st, 2018
Willy T hoping to open this weekend; still dealing with bureaucracy

ROAD TOWN, Tortola, VI - It was the pressure of the public, civil society and the media that forced the National Democratic Party (NDP) regime to hold a meeting on May 14, 2018 with the owners of the famous William Thornton aka ‘Willy T’, a floating restaurant and bar, owned by Mrs Heather L. Anderson, a belonger of the Virgin Islands while her husband Ewan C. Anderson manages the business.

May 29th, 2018
Scrub Island Resort named Scott McArdle as new General Manager

SCRUB ISLAND, VI - Our newsroom can confirm that Scrub Island Resort, Spa & Marina has named Scott McArdle as its new General Manager effective last week. Mr McArdle who hails from Lanark, Scotland comes to the job with much hospitality experience.

May 29th, 2018
‘Always find the opportunity to give back’ - Darrio Prescod

CARROT BAY, Tortola, VI – Road Town Wholesale (RTW) along with Evelyn Wong-Dawson, owner of D'CoalPot BVI Restaurant Bar and Grill and Darrio Prescod, International Brand Ambassador for Mount Gay Distilleries in Barbados collaborated to host a Mount Gay Charity Dinner to raise funds for Family Support Network (FSN).

May 28th, 2018
‘NDP violation of the Constitution must stop’- Hon Andrew A. Fahie

ROAD TOWN, Tortola, VI- Leader of the Opposition and Chairman of the Virgin Islands Party Honourable Andrew A. Fahie (R1) made it clear in a statement issued today May 28, 2018 that when he spoke at the Decision March rally on Thursday May 24, 2018 and when he signed the petition as one of the Leaders of the Territory, “I signed to protect the Virgin Islands Constitution Order of 2007 against any violations locally, regionally and internationally.”

May 28th, 2018
‘Expats will probably have to go back home’ – Dr Pickering

ROAD TOWN, Tortola, VI - As the people of the Virgin Islands (VI) fight against the establishment of the public registers of beneficial ownership, Dr The Honourable Kedrick D. Pickering (R7), Deputy Premier and Minister for Natural Resources and Labour, strongly expressed that if this Bill stands, many expatriates will have to leave the VI because the government will not be able to pay them.

May 27th, 2018
'Millions in lost revenue @ TB Lettsome airport' - Canya Stoddard

ROAD TOWN, Tortola, VI - During the 2018 Standing Finance Committee, the Director of Finance for BVI Airport Authority (BVIAA), Canya Stoddard stated that the airport has been losing revenue before the hurricanes of September 2017.

May 26th, 2018
'I was happy to hand over the petition' - Nandi M. D. Christopher

ROAD TOWN, Tortola, VI - It was a momentous day for the people of the Virgin Islands (VI), but it was primarily a memorable day for 12 grade senior at the Elmore Stoutt High School, Nandi M.D. Christopher who was the person to hand over the signed petition to the Acting Governor David D. Archer Jr. who will then pass the document to Governor Augustus J. U. Jaspert.

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