Finance and Business
BVI Airways got $5M from taxpayers but owes BVIAA $99K
ROAD TOWN, Tortola, VI- After already forwarding some $5M to defunct airline BVI Airways, the people of the Virgin Islands are now learning that BVI Airways still owes the government of the Virgin Islands.
SVG not putting a cent more in LIAT until service improves
CARBBEAN360
KINGSTOWN, St Vincent and the Grenadines – One of LIAT’s major shareholder governments, St. Vincent and the Grenadines, has told the beleaguered airline that it won’t be getting a cent more until service to the island is “significantly improved”.
After $7M of taxpayers’ money would BVI Airways ever fly?
ROAD TOWN, Tortola, VI- Many persons were not convinced it was a good deal after the National Democratic Party (NDP) Administration, led by Premier and Minister of Finance Dr The Honourable D. Orlando Smith and his Tourist Board Chairman Russell Harrigan, announced a US$7M bailout of the defunct BVI Airways.
Questions persist on Hon Walwyn’s million dollar ESHS wall!
ROAD TOWN, Tortola, VI- Controversy and questions persist over a wall constructed by the Minister for Education and Culture Hon Myron V. Walwyn weeks before the 2015 general elections, costing tax payers over US$1M.
JTV camera crew kicked off Tortola Pier Park
ROAD TOWN, Tortola, VI- We’ve all heard the saying, Tortola has no night life. However, when the Deh Pon Vibes show on JTV Channel 55 begged to defer and decided to promote the local hot spots at the Tortola Pier Park, never did they anticipate that they would be halted in their tracks.
CGB will be mosquito free for 3rd BVI Food Fete launch- Rhodni A. Skelton
ROAD TOWN, Tortola, VI- Patrons wishing to attend the official launching of the 3rd Annual BVI Food Fete in Cane Garden Bay on the main island of Tortola next week have been given the assurance they do not have to be worried about contracting the mosquito-borne viruses, Zika and Dengue, now affecting the territory.
Civil servants cry for justice; No increments paid for 2015!
ROAD TOWN, Tortola, VI- The cry by the Opposition Virgin Islands Party (VIP), talk show hosts, civil society, ordinary citizens, and the media that the ruling National Democratic Party (NDP) raided the Treasury to win the 2015 snap election, leaving the country broke, is being heard again.
Josiah’s Bay residents accuse Gov’t of not protecting their interests
JOSIAH’S BAY, Tortola, VI – Some residents of Josiah’s Bay on the Eastern side of Tortola are complaining bitterly of what they call unfair business competition for locals and the National Democratic Party (NDP) Government’s failure to look out for them.
Peak Re investment strengthens NAGICO as leading Caribbean insurer
ROAD TOWN, Tortola, VI- NAGICO Holdings Limited (NAGICO), has strengthened its position as the leading insurance provider in the Caribbean with the finalisation of a 50% strategic investment from Peak Reinsurance Company Limited (Peak Re), the Hong Kong based global reinsurer.
Airport project controversy stems from lack of open discussion- John Lewis
ROAD TOWN, Tortola, VI- “A major issue,” is how co-host of the Speak Your Mind show on JTV channel 55, Mr John Lewis has described the lack of “honest” discussion by the Government of the Virgin Islands regarding the proposed runway extension project at the Terrance B. Lettsome International airport on Beef Island.
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