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Finance and Business

January 16th, 2019
VI wins big in fight against UK over beneficial registers

ROAD TOWN, Tortola, VI – Lawmakers in the United Kingdom (UK), are currently divided over the implementation of the Public Beneficial Registers in the Overseas Territories (OTs) and are accusing the May’s Government of delaying its plans.

January 16th, 2019
Gov prepares to fork out $20K mtly to clear CGB pump stations

CANE GARDEN BAY, Tortola, VI – The government of the Virgin Islands (VI) is preparing to sign a contract for the pumping out of a number of the 34 ‘pump stations in the Cane Garden Bay, at a cost of $19,920 per month, with K&K Heavy Equipment and Sewerage Disposal Service.

January 15th, 2019
May's Brexit plan suffers historic defeat; VI should be concerned

LONDON, United Kingdom – Leader of the Conservative Party and Prime Minister (PM) of the United Kingdom (UK), Theresa M. May has sustained the heaviest parliamentary defeat of any British PM in the democratic era, after MPs rejected her Brexit deal by a resounding majority of 230.

January 15th, 2019
‘Sometimes projects fail; airport expansion killed airline’—Premier

ROAD TOWN, Tortola, VI – Minister of Finance, Premier, Dr the Honourable D. Orlando Smith (AL), has finally attempted to come clean on the BVI Airways fiasco which cost the Virgin Islands (VI), some $7.2M—money still to be recovered—and has said, it was the expansion of the runway at Beef Island, which caused the company to begin to fold.

January 15th, 2019
Documents missing for Pier Park Project; Audit Report incomplete

ROAD TOWN, Tortola, VI - The long awaited Audit report, commissioned by ‘lame-duck’ and outgoing Premier, Dr the Honourable D. Orlando Smith (AL), into the Tortola Pier Park Project (TPP), was today Tuesday, January 15, 2019, tabled in the House of Assembly (HoA).

January 14th, 2019
BVI Airways, renaming Hospital among topics @ Tuesday’s HoA

ROAD TOWN, Tortola, VI - The Virgin Islands House of Assembly (HoA) will meet again on Tuesday, January 15, 2019, in what could be its final Sitting before it is dissolved to pave the way for the 2019 General Elections.

January 10th, 2019
Hon Ronnie W. Skelton admits, mistakes but won’t be led by another

ROAD TOWN, Tortola, VI – Chairman of the Progressive Virgin Islands Movement (PVIM), Honourable Ronnie W. Skelton (AL), believes even though many believe he was too tight with the Territory’s finances and has made mistakes, he is still the best person to lead the Virgin Islands (VI) into the future.

January 9th, 2019
Fahie wants to pay citizens for ‘Good Ideas’

ROAD TOWN, Tortola, VI – Rewarding citizens for ‘Good Ideas’ through a think tank committee is one way Virgin Islands Party (VIP) Chairman, Hon Andrew A. Fahie (R1) says he will lead if elected Premier of the Virgin Islands (VI).

January 7th, 2019
Fahie vows to comb financial records of NDP Gov’t

ROAD TOWN, Tortola, VI - Virgin Island Party (VIP) Chairman, Hon Andrew A. Fahie (R1) says he plans to delve into the financial books and records of the Territory, should he be elected to govern as Premier and Minister of Finance in the Virgin Islands (VI).

January 6th, 2019
Flax-Brutus heading BVITB for 3 more years

ROAD TOWN, Tortola, VI - The Directors of the BVI Tourist Board have renewed the contract of its Tourist Board Director, Ms Sharon P. Flax-Brutus.

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