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Finance and Business

February 14th, 2017
EXCLUSIVE: Paradize Water Sports: New adventure @ new heights

ROAD TOWN, Tortola, VI- No longer do you have to wonder and gaze up in amazement at just how awesome it would be to fly and be a bird, albeit for ten minutes in the Virgin Islands. Now you can, with the hottest and most talked about adventure-Parasailing BVI, brought to you by Paradize Water Sports.

February 13th, 2017
‘Oversized’ public service worries residents- Doug Wheatley

ROAD TOWN, Tortola, VI- It’s no secret that the territory’s financial standing is not as robust as it once was, bearing in mind the constant attack on the Financial Services sector and the reports that the National Democratic Party (NDP) Government raided the treasury to win the 2015 snap elections.

February 11th, 2017
Mossack Fonseca founders arrested over bribery scandal

THE GUARDIAN

The founders of Mossack Fonseca, the law firm at the centre of the Panama Papersscandal, were arrested in Panama City on Thursday February 9, 2017 as the country’s attorney general launched a probe into their alleged connections with Brazil’s sprawling Lava Jato corruption scandal.

February 9th, 2017
Local businessman adding to nightlife in VI

SEA COWS BAY, Tortola, VI- While small businesses in the Virgin Islands are catching hell under the National Democratic Party (NDP) regime [2011-current] because of higher taxes and more regulations, slow process for work permits and trade licenses and much red tape for routine approvals from agencies like Town and Country Planning and the Building Authority, local business persons are forging ahead.

February 8th, 2017
Digicel re-signs brand ambassador Gadiethz

ROAD TOWN, Tortola – After signing his first Brand Ambassador contract in 2008, radio personality Paul A. Peart aka Gadiethz, once again renewed his commitment to Digicel for the ninth consecutive year.

February 7th, 2017
‘We have not selected a Chinese company for airport project’- Neil M. Smith

ROAD TOWN, Tortola, VI- Financial Secretary Mr Neil M. Smith has sought to clarify that ‘China Communications Construction Company’ (CCCC) has not been awarded any contract as yet for the extension of the Terrance B. Lettsome Airport runway on Beef Island.

February 4th, 2017
HoA SFC concludes on 2017 Budget; No date for Debate

ROAD TOWN, Tortola, VI- Behind closed doors the House of Assembly’s Standing Finance Committee (SFC), one of the few functioning committees of the whole House, met a day after the 2017 Budget Address was delivered on Monday January 16, 2017 by Premier and Minister of Finance Dr The Honourable D. Orlando Smith (AL).

February 2nd, 2017
What is Gov’t doing with NHI money? - Resident asks

ROAD TOWN, Tortola, VI - "What is Government doing with NHI money?" This a question a resident of the Virgin Islands (UK) said needs to be answered by the management of the National Health Insurance (NHI) scheme or the responsible Minister, Honourable Ronnie W. Skelton (AL).

February 1st, 2017
Moorings GM Clarence Malone sacked

WICKHAM'S CAY II, Tortola, VI - This news site has been reliably informed by its Team of Reporters that The Moorings' General Manager, Mr Clarence Malone, has been relieved of the position.

January 31st, 2017
Recreational Trust staff complains over late payments & returned cheques

ROAD TOWN, Tortola, VI- The Virgin Islands Recreational Trust, a statutory agency under the Ministry of Education and Culture, is in an uproar again over late payments.

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