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Finance and Business

May 15th, 2018
Finally! Willy T has a home after being chased out by Gov't

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 yesterday 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. Her husband Ewan C. Anderson is the manager of the business.

May 15th, 2018
Minimum wage goes up to $10.50 on June 1, 2018 in USVI

VI CONSORTIUM

CHARLOTTE AMALIE, St Thomas, USVI- The US Virgin Islands (USVI) minimum wage is set to see its final phased increase to $10.50 per hour as part of a bill ratified by the 32nd Legislature and signed into law by Governor Kenneth E. Mapp.

May 15th, 2018
‘We will never rush back to a destination until we are 100% satisfied’- Russell S. Daya

WICKHAM’S CAY II, Tortola, VI – Russell S. Daya, Executive Director of Marine and Port Operations, Port Development and Itinerary Planning for Disney Fantasy cruise line, who arrived in the territory to assess the territory on its readiness to accept the Disney Fantasy, expressed that he is pleased with the progress but indicated that there are some safety concerns that need to be resolved before his cruise line can return.

May 14th, 2018
We know who defends the rich but who will defend the poor?

Alred C. Frett

Lasting bad effects of Hurricane Irma:

Hurricane Irma is almost a year old and those lucky enough to survive still complain of things getting worse as landlords used the crisis to have tenants repair and rebuild their properties only to evict or overcharge them, especially when these victims have no means of defense – During the formation of the New Constitution, I argued for the inclusion of Public Defenders but that was omitted.

May 14th, 2018
Appleby drops Paradise Papers lawsuit against BBC & Guardian

ROAD TOWN, Tortola, VI- The controversial ‘Paradise Papers’, which came to light in November 2017, little more than a year after the 'Panama Papers' leak, had seen Appleby file a lawsuit against United Kingdom media outlets the BBC and the Guardian.

May 14th, 2018
PHOTO of the Day: Leaders off to London; Smith & Fahie together

BEEF ISLAND, VI- The Territory’s Leaders, Premier and Minister of Finance and President of the ruling National Democratic Party (NDP), Dr The Honourable D. Orlando Smith (AL), and Leader of the Opposition Hon Andrew A. Fahie (R1) and Chairman of the Virgin Islands Party (VIP), are together on their way to London.

May 14th, 2018
UK Parliament's decision 'robs us of our dignity’ – Lorna G. Smith

ROAD TOWN, Tortola, VI – Following the interview on the BBC’s radio programme with Member of the United Kingdom (UK) Parliament Dame Margaret E. Hodge over the financial services sector on Tuesday May 1, 2018, Lorna G. Smith OBE, Executive Director of BVI Finance, expressed that the decision by the House of Commons to force UK Overseas Territories (OTs) to have Public Registers of Beneficial Ownership was based on “misinformation and emotions.”

May 12th, 2018
There is no dream, without learning

Dickson Igwe

What type of learning culture is required to take the Virgin Islands into the next epoch in its history and development?

May 11th, 2018
‘UK vote on public registry was unjustified & discriminatory’- Premier Smith

ROAD TOWN, Tortola, VI- He was late in coming out, when compared to the other British Overseas Territories; however, Premier and Minister of Finance Dr The Hon D. Orlando Smith (AL) came out swinging against the United Kingdom (UK) vote on making information on who owns offshore accounts public.

May 11th, 2018
No home for Willy T! Gov't denies anchorage @ Norman Island

NORMAN ISLAND, VI– One of the territory’s main tourist attractions, Willy T, a floating restaurant and bar, is being kicked out of its usual location.

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