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Finance and Business
'Formation of Interim Board opens itself up for collusion' - Hon Andrew A. Fahie
ROAD TOWN, Tortola, VI - Arguing that the House of Assembly (HoA) has not approved the Recovery Agency Board stipulated by the United Kingdom (UK), Honourable Andrew A. Fahie (R1), Opposition Leader and First District Representative, is questioning why positions for the board are being advertised in local newspapers.
Julian Willock explains National Lottery System as revenue stream
ROAD TOWN, Tortola, VI- Former Permanent Secretary, businessman and political aspirant Mr Julian Willock has expanded on one of four revenue initiatives he first brought to the public’s attention last month.
Sweet Heart Deals! TAG offering ‘lowest prices’ & more in February
ROAD TOWN, Tortola, VI- As emotions of love fill the Valentine season, Tortola Auto Group (TAG) has launched the annual Sweet Heart Deals promotion for the month of February with cash back opportunities on bank payments, dinners and discount prices on gold jewelry from participating partners.
Recovery Agency Board Members not appointed yet- Premier Smith
ROAD TOWN, Tortola, VI- The Recovery Agency Board demanded by the United Kingdom Government in a high level framework document in exchange for support for loan guarantees to rebuild the Territory following the destructive hurricanes of September 2017 has not been named as yet, according to Premier and Minister of Finance Dr The Honourable D. Orlando Smith (AL).
'BVIslander must be at the forefront of revenue initiatives' - Winston E. Nibbs
ROAD TOWN, Tortola, VI - Arguing that the Recovery and Development Plan put forward by the government lacks "bold, new initiatives" to generate revenues to repay the loans, former Permanent Secretary, Mr Julian Willock proposed four revenue driven ideas that can assist with the repayment of these loans.
The Deflation Beast
Dickson Igwe
Austerity is an option in long term economic planning. However, history has given austerity a “bad rap.” Austerity ideas present solutions for a long term economic plan for the [British] Virgin Islands.
Full breakdown of $65M CDB expenditure ‘coming soon’- Premier Smith
ROAD TOWN, Tortola, VI- Amid public calls, spearheaded by Opposition Leader Hon Andrew A. Fahie (R1), for a breakdown of how the $65M loan from the Caribbean Development Bank (CDB) will be spent, Premier and Minister of Finance Dr The Honourable D. Orlando Smith (AL) has said a full breakdown will be coming soon.
Delta Petroleum to launch ‘Go Delta’ pin on Valentine’s Day 2018
PASEA ESTATE, Tortola, VI - Delta Petroleum (Caribbean) Limited's Regional General Manager, Mr Bevis A. Sylvester, in a statement today February 7, 2018, said the company is getting things back to normal following the Hurricanes of 2017. He said many items are being replaced and rebranded, including pumps to be changed and upgraded.
Over $800K to help affected employees of BEYC
NORTH SOUND, Virgin Gorda, VI– The Bitter End Yacht Club (BEYC) on Virgin Gorda (VG) raised over $800,000 to help over 100 affected employees and to lend support to the VG community with their recovery.
Response to VI Recovery & Development Plan
Mitsy J. Ellis-Simpson
It is with great interest and concern that I hereby provide my views on the proposed recovery and development plan (the “Plan”) for the [British] Virgin Islands (the “BVI”, the “Territory”) that I love and cherish. I have examined the situation of the Territory prior to the unprecedented weather conditions that occurred from August – September 2017 up to its current state. I have also looked at potentials for the future.
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