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Finance and Business

November 17th, 2017
Consumer Protection legislation should have been ‘rushed’ too- Hon Fahie

WICKHAM’S CAY II, Tortola, VI- It may seem like flogging a dead horse but Leader of the Opposition Honourable Andrew A. Fahie (R1) has again expressed the urgency for Consumer Protection legislation, saying that Consumer Protection legislation should have been treated with the same haste some legislations are being brought to the House of Assembly.

November 17th, 2017
Bill passed for relocated offshore companies to operate overseas under VI law

WICKHAM'S CAY II, Tortola, VI - The bill entitled Continuity of Business Act 2017 was passed on November 16, 2017 during the continuation of the Eleventh Sitting of the Second Session of the Third House of Assembly of the Virgin Islands (VI) at Ritter House in Wickham's Cay II, Tortola.

November 15th, 2017
New UK Police & Crime Bill could affect VI Offshore Financial Sector

ROAD TOWN, Tortola, VI- While the Virgin Islands might be preoccupied with the rebuilding efforts after two powerful Category 5 hurricanes, Irma and Maria, destroyed the Territory, a new Bill seems to have slipped the eye of local government.

November 14th, 2017
‘We are open for business in some areas’- Lorna G. Smith

ROAD TOWN, Tortola, VI - Despite Hurricane Irma ravaging the territory two months, ago leaving the Virgin Islands (VI) in a state of devastation and homelessness, Mrs Lorna G. Smith OBE, retired civil servant and First Lady, agrees with the statement by Premier Dr The Hon D. Orlando Smith (AL), and which was published in an advertisement on YouTube recently, that the 'Virgin Islands is Open for Business’.

November 14th, 2017
More Lies! Dr Smith commits VI to new $2.85M CDB loan

ROAD TOWN, Tortola, VI- It was clear that Premier and Minister of Finance Dr The Honourable D. Orlando Smith (AL) had a rough time yesterday November 13, 2017 with his answers to questions in the House of Assembly.

November 14th, 2017
Where are the BVI Airways' planes? Premier Smith doesn't know

WICKHAM’S CAY II, Tortola, VI - During the House of Assembly (HoA) on November 13, 2017 at the Ritter House on Wickham's Cay II, Honourable Andrew A. Fahie, Leader of the Opposition and First District Representative, grilled the Minister of Finance and Premier, Dr The Honourable D. Orlando Smith (AL) as to where the two BVI Airways planes are located and the position of the deal made between BVI Airways and his government.

November 14th, 2017
Dr Smith flip-flops on public servants’ layoffs in answer to HoA question!

ROAD TOWN, Tortola, VI- It was our newsroom that first and accurately reported on October 20, 2017 that the ruling National Democratic Party of Premier and Minister of Finance Dr The Honourable D. Orlando Smith (AL) was discussing reducing the civil service.

November 14th, 2017
Premier Smith clueless how $3.6B damage estimate arrived at

WICKHAM'S CAY II, Tortola, VI - The Premier and Minister of Finance, Dr The Honourable D. Orlando Smith (AL) had much trouble stating how his government arrived at the initial figure of estimated damages for the territory while admitting that assessments have not been completed.

November 14th, 2017
Peter Haycraft makes $1M valued donation for rebuilding of school

ROAD TOWN, Tortola, VI- A number of businesses, organisations and individuals have been coming forward with substantial assistance to the education system in the Virgin Islands.

November 13th, 2017
Bills to get 1st, 2nd & 3rd readings in HoA today, Nov 13, 2017

ROAD TOWN, Tortola, VI- The public, civil society and the media have long complained that Bills are introduced in the House of Assembly (HoA) without proper explanation by the mover of the bills, public meetings for input from stakeholders and an attempt to explain to the ordinary man and woman how the legislation will improve their lives.

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