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Finance and Business

April 27th, 2016
CIL hosting 'Massive Pre- Mother's Day Car Sale' @ TPP

ROAD TOWN, Tortola, VI – Caribbean Insurers Limited (CIL) will be hosting the first ever car sale in the Tortola Pier Park on Saturday May 7, 2016 with some of the territory's leading auto dealers offering up sleek new vehicles and with participating banks expecting to bring their best financing deals.

April 27th, 2016
VI financial services sector vital to world economy – Philip Graham

ROAD TOWN, Tortola, VI – In the wake of the Panama Papers leak and the negative press the territory received from some sections of the international media, Partner at Harneys and Member of Team BVI, Philip Graham said the Virgin Islands has stayed at the forefront in the face of challenges to its regulatory regime.

April 26th, 2016
100 days to Rio 2016 – until the magic begins!

PORT OF SPAIN, Trinidad – On April 27, 2016 Flow joins International Olympic Committee (IOC) partners all over the world in celebration of the official 100-day countdown to the Rio 2016 Olympic Games.

April 26th, 2016
BVI Airways Agreement 'guarantees' money will be repaid- Premier Smith

ROAD TOWN, Tortola, VI- Premier and Minister of Finance Dr The Honourable D. Orlando Smith yesterday, April 25, 2016 reiterated that the money being made available to BVI Airways is not a grant and that it will be repaid.

April 25th, 2016
Hon Fraser’s ‘mistrust’ of NDP Gov't offends HoA Members

ROAD TOWN, Tortola, VI- Chiding the National Democratic Party (NDP) Government for not coming to the House and “leveling” with the people and that it was tantamount to deception, Leader of the Opposition Hon Julian Fraser RA (R3) said he was given no choice but to not support the Government’s bid in the House of Assembly to secure a $25M line of credit to keep Government afloat.

April 25th, 2016
Govt's $7 million to BVI airways will end up being a grant - Hon Julian Fraser RA

ROAD TOWN, Tortola, VI- Leader of the Opposition Honourable Julian Fraser RA is again questioning the wisdom of the National Democratic Party's (NDP) 'investment' into BVI Airways, a foreign owned airline.

April 23rd, 2016
CCT will survive! – Dr Heskith A. Vanterpool

ROAD TOWN, Tortola, VI- Director of CCT Global Communications, Dr Heskith A. Vanterpool said despite all of the talk of the local communications company not surviving, the company will prevail as it is on the march with new technology. 

April 23rd, 2016
Delta Petroleum opens fueling facility @ Port Zante, St Kitts

PORT ZANTE, ST Kitts- Seen as meeting the needs of fishermen as well as providing an alternative loading post for mega yachts in the Eastern Caribbean, Delta Petroleum (Caribbean) Limited has opened its first ever fueling facility at Port Zante in the Federation of St Kitts.

April 20th, 2016
FS legislation 'systematically eliminating' middle class in VI- Hon Fraser

ROAD TOWN, Tortola, VI - Leader of the Opposition Honourable Julian Fraser RA (R3) called on the Government to reclassify small businesses and local companies so that they can be free of the heavy burdens placed on international companies moving large amounts of money through the various vehicles in the territory’s financial services sector.

April 20th, 2016
NDP doing 'foolishness' with taxpayers money' – Donald E. de Castro

ROAD TOWN, Tortola, VI – Often controversial talk show host Donald E. de Castro lambasted Government for what he called “doing a lot of foolishness” with public monies when things are not well with the territory.

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