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Finance and Business

June 16th, 2017
Lies & secrecy surround tax payers $7.2M payout to BVI Airways

ROAD TOWN, Tortola, VI- The controversial BVI Airways tax payers bail out with $7.2M is grabbing headlines again. It was on June 13, 2017 that the Opposition Leader and First District Representative Honourable Andrew A. Fahie fired more questions in the House of Assembly (HoA) on the deal, which is to provide direct flights from Miami, Florida to the Terrance B. Lettsome International Airport on Beef Island.

June 15th, 2017
Exposed steel under VG jetty to be ‘treated’- Hon Vanterpool

VALLEY, Virgin Gorda, VI- It was on May 22, 2017 that this news site brought to the attention of the public, via photographs, the state of the underside of the St Thomas Bay jetty on Virgin Gorda.

June 15th, 2017
“Where is the money?”- Hon Fraser on customs duty collected @ TPP

ROAD TOWN, Tortola, VI – During the House of Assembly held on Tuesday June 13, 2017, questions were posed to Dr The Honorable D. Orlando Smith (AL), Premier and Minister of Finance regarding the issue of money unaccounted for which was collected by Her majesty’s Customs at Tortola Pier Park (TPP) due to sales of duty free merchandise for local consumption to non-cruise ship passengers between January 1, 2016 and December 31, 2016.

June 14th, 2017
Airport Expansion Project grounded? Gov’t ‘considering next steps’

ROAD TOWN, Tortola, VI – During the Eighth Sitting of the Second Session of the Third House of Assembly (HoA) on Tuesday, June 13, 2017, Deputy Premier and Minister for Natural Resources and Labour, Dr The Honourable Kedrick D. Pickering refused to give details as to why the Terrance B. Lettsome International Airport expansion project is not moving forward.

June 13th, 2017
Flip-flopped or Lied? Dr Smith again with U-turn on Gov’t negotiation team

ROAD TOWN, Tortola, VI- The Opposition Leader Hon Andrew A. Fahie (R1) continues to tell the public that the National Democratic Party (NDP) led Government of Premier and Minister of Finance Dr The Honourable D. Orlando Smith (AL) continues to mislead the public with half-truths, lies and misinformation.

June 13th, 2017
‘Success doesn’t come by sitting & wishing’- C. Micheal Thomas

ROAD TOWN, Tortola, VI - "Success doesn’t come by sitting and wishing that it happens. It is something that you have to want for yourself. It's not an entitlement.” These are words of one of the largest employers in the Territory, Mr C. Micheal Thomas, Managing Director of Clarence Thomas Limited (CTL).

June 12th, 2017
Delta Petroleum's negotiating team on compensation unearthed!

ROAD TOWN, Tortola, VI- While the government has announced some months ago their negotiation team for the compensation payout to Delta Petroleum (Caribbean Limited) after losing a case at the Virgin Islands’ highest and final court, the United Kingdom based Privy Council, Delta Petroleum (Caribbean) Limited’s team has been unearthed by our newsroom.

June 8th, 2017
There needs to be a 're-shuffling of our entire' NDP Gov't - Skelton-Cline

ROAD TOWN, Tortola, VI – The trumpet continues to be sounded for Premier Dr The Honourable D. Orlando Smith (AL) to give up the position as Minister of Finance.

June 7th, 2017
When will BVI Airways ever fly? $7.2M & counting! More questions

ROAD TOWN, Tortola, VI- While BVI Airways continues to put on the best face via its public relations offensive, the public continues to ask where is the $7.2 Million used to bailout the airline in exchange for direct flights between Miami, Florida and Terrence B. Lettsome International Airport on Beef Island.

June 7th, 2017
The plot thickens! Financial Secretary to be stripped of powers

ROAD TOWN, Tortola, VI- The House of Assembly (HoA) seems to be busy this year with meetings. It will convene again on Tuesday June 13, 2017 in a new session.

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