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Finance and Business
VI under fire from international media over no ‘Tax Haven’ label
ROAD TOWN, Tortola, VI- It was on June 21, 2017 in front of the local press that the Government of the Virgin Islands (VI) though its statutory body, BVI Finance, the body which is a joint public-private partnership to promote the VI's offshore financial sector and structures, released a glowing report about the British Overseas Territory’s role in the global economy.
Governor was right to take money from Consolidated Fund- E.G. Maduro
ROAD TOWN, Tortola, VI – He has been one of the harshest critics of Governor John S. Duncan OBE, even calling for the United Kingdom to recall him; however, this time talk show host and retired civil servant Mr Edmund G. Maduro has found himself siding with the Queen’s Representative.
Take off date No 5 for BVI Airways; Fasten your seatbelts!
ROAD TOWN, Tortola, VI- The people of the Virgin Islands, especially the tax payers that bailed out a defunct BVI Airways to the tune of $7.2M in exchange for direct flights from Miami, Florida, USA to Beef Island’s Terrence B. Lettsome International Airport, are yet to see the deal materialise as promised.
Hon Hubert O’Neal begs VG for patience
VALLEY, Virgin Gorda, VI – A day after many residents of the Sister Island of Virgin Gorda railed up about the unannounced closure of a section of Lee Road as it was being dug up, Ninth District Representative Dr The Honourable Hubert O’Neal surfaced with an apology for the discomfort residents and businesses have been enduring.
VI is a 'Big Dog' in global investments, trade & jobs
ROAD TOWN, Tortola, VI - A consultancy report commissioned by a government statutory body, BVI Finance, headed by the Premier's wife, Lorna G. Smith OBE, unearthed some glowing information about the British Overseas Territory of the Virgin Islands, in terms of its role on the global financial and economic stage.
RiteWay reducing prices; Customers to save $1.5M
ROAD TOWN, Tortola, VI – On June 19, 2017, RiteWay Food Markets announced that they are planning over the next two weeks to reduce retail and wholesale prices throughout their retail outlets.
Late & untimely gov't funding caused missed opportunities - BVITB 2015 Report
ROAD TOWN, Tortola, VI- The British Virgin Islands Tourist Board (BVITB) ushered in 2015 with great expectations and was poised to continue its work on the marketing and public relations front as well as product development and industry training, according to its 2015 Report laid in the House of Assembly on June 13, 2017 by Premier and Minister of Finance Dr The Honourable D. Orlando Smith (AL).
New FAA BVI Airways approvals; credibility low after 4th take off missed!
ROAD TOWN, Tortola, VI- The controversial $7.2M bailout deal by the Dr Smith-led National Democratic Party Administration to BVI Airways in exchange for direct flights between Miami, Florida, USA and the Terrence B. Lettsome International Airport, Beef Island, has made another announcement on regulatory approvals.
Flow the main stumbling block to mobile number portability- Hon Fraser
ROAD TOWN Tortola, VI – The long standing request for mobile number portability in the territory was discussed in the Eighth Sitting of the Second Session of the Third House of Assembly (HoA) on Tuesday, June 13, 2017 by the Opposition Member Hon Julian Fraser RA (R3).
A Maritime Deja vu
Dickson Igwe
Observations by the Virgin Islands political establishment on the matter of expatriate control of the maritime, yachting, and boating industry, are accurate. The maritime industry in the country is owned, managed, and directed, by expatriates.
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