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Finance and Business

March 18th, 2018
‘If we sticking to rules of HoA come with factual answers’- Hon Fahie

ROAD TOWN, Tortola, VI- The ruling National Democratic Party (NDP), which has a history of lacking transparency and communicating factually with the people, has been continuing to dodge questions in the House of Assembly (HoA).

March 17th, 2018
Lies, half-truths, the spin machine on UK Recovery Plan Framework

ROAD TOWN, Tortola, VI- It was on February 28, 2018 that a small group of residents erected a controversial billboard in Road Town on the main island of Tortola, requesting that the public call their elected representatives and ask them to vote “no” on the UK Framework For The BVI Recovery Plan.

March 17th, 2018
Barbarians at the gates of Rome

Dickson Igwe

The Virgin Islands economy composed of the financial services industry, ecotourism and maritime, and the domestic market economy, is the core tool for the empowerment of Virgin Islanders and citizens.

March 16th, 2018
‘Trade licenses for Non-Belongers typically go to Premier for approval’ - Hon Penn

ROAD TOWN, Tortola, VI- Opposition Leader Hon Andrew A. Fahie (R1), expressing concern that a significant number of trade licenses were approved for Non-Belongers in certain sectors that should typically be reserved for locals, wanted to know during the First Sitting of the Third Session of the Third House of Assembly (HoA) on March 8, 2018 who is responsible for approving those licenses.

March 16th, 2018
VI & EU Co-Chair Blacklist meeting of OCT Jurisdictions

BRUSSELS, Belgium, EU- The British Overseas Territory of the Virgin Islands (VI) was recently placed on a grey list. This means that if certain steps are not taken to correct what the European Union (EU) regards as anti-tax avoidance standards the VI will be blacklisted.

March 16th, 2018
UPDATE: Premier Smith ignores ‘transparency’ request of Opposition Leader

ROAD TOWN, Tortola, VI- Luckily Opposition Leader Honourable Andrew A. Fahie (R1) wasn’t holding his breath waiting for Premier and Minister of Finance Dr The Honourable D. Orlando Smith (AL) to honour his request to produce every correspondence between the Virgin Islands (VI) and the United Kingdom (UK) Governments on the Territory’s recovery plan since November 2017.

March 15th, 2018
'Butchering of the Public Service has already begun'- Skelton-Cline

ROAD TOWN, Tortola, VI- Following the passage of the two Category 5 hurricanes in September of 2017, many residents lost their jobs and many more are still expected to lose employment based on the reforms to the public sector, stipulated in the ‘High-Level Framework for UK support' to the Virgin Islands.

March 15th, 2018
2018 Budget Speech abruptly postponed; Moved to March 19!

ROAD TOWN, Tortola, VI- In a last minute move that shocked some in the political class, the National Democratic Party (NDP) Government announced late last night that the 2018 Budget Speech that was scheduled to be delivered today Thursday March 15, 2018 by the Minister of Finance Dr The Honourable D. Orlando Smith (AL) has been scrapped.

March 14th, 2018
E. Benito Wheatley Out! as VI Ambassador to London/EU

ROAD TOWN, Tortola, VI- It seems like the last few days were not good for diplomats around the world, including the Virgin Islands (VI).

March 14th, 2018
Gov't exploring medical marijuana as 'revenue generator'- Dr Pickering

ROAD TOWN, Tortola, VI – The controversial topic about whether the Virgin Islands (VI) should legalise marijuana came to the fore during the House of Assembly (HoA) on Thursday, March 8, 2018 when Dr The Honourable Kedrick D. Pickering (R7), Deputy Premier and Minister for Natural Resources and Labour, stated that the government is looking into medical marijuana as a possible revenue for the VI.

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