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Finance and Business

March 3rd, 2016
Be innovative: Everyone can’t open a hair salon – Hon Marlon A. Penn 

PARAQUITA BAY, Tortola, VI – Junior Minister for Trade and Investment Promotion Honourable Marlon A. Penn (R8) said it was important to encourage small businesses in the territory to be innovative and warned against a hair salon on every corner.

March 3rd, 2016
Negative impacts of NHI already seen– Nagico MD Shan Mohamed

ROAD TOWN, Tortola, VI – Managing Director of Nagico Insurances Mr Shan Mohamed believes that it is yet too early to properly assess the true impact of the National Health Insurance scheme on the insurance sector.

March 3rd, 2016
Arabs have stranglehold on St Croix, USVI gas market- Local owners

VI CONSORTIUM

FREDERIKSTED, St Croix, VI- Businessmen of Arab descent have such a stranglehold on the price of gas on St Croix, US Virgin Islands that it would be near impossible for the few locally owned gas stations here to mount a price drop war and win, according to Senator Novelle E. Francis Jr.

March 1st, 2016
Expansion of TB Lettsome airport a misplaced objective- Local pilot

ROAD TOWN, Tortola, VI – Local pilot and shareholder in VI Airlink Captain Neville C. Brathwaite Jr. has expressed reservations about Government’s plans to expand the Terrance B. Lettsome International Airport at Beef Island.

March 1st, 2016
Pearls VI cops Business of the Year 2015!

PARAQUITA BAY, Tortola, VI – Pearls VI last evening February 29, 2016 shone brightly over its competition at the Eileene L. Parsons Auditorium of the H. Lavity Stoutt Community College in Paraquita Bay, Tortola after scooping up both the Innovative Business of the Year and Business of the Year titles for the year 2015.

February 29th, 2016
'It seems the UK wants to undermine our financial services' – John I. Cline

ROAD TOWN, Tortola, VI – Bishop of the New Life Baptist Church John I. Cline has posed the question whether the United Kingdom Government is intentionally trying to undermine the Virgin Islands' financial services sector for their own benefit.

February 29th, 2016
Is Road Town Wholesale/Rite Way Food Markets for sale?

ROAD TOWN, Tortola, VI- Word reaching our newsroom is that the Virgin Islands’ largest food chain Rite Way Food Markets-Road Town Wholesale Ltd., is for sale. While Officials in senior management of the company are tight lipped about the sale in not confirming or denying the question, however, word is that a large hardware and food company operating in the United States Virgin Islands may have an interest in its purchase.

February 27th, 2016
TAG opens full service auto centre & parts store

ROAD TOWN, Tortola, VI– The newest auto sales dealership in the territory, Tortola Auto Group (TAG), formally opened its full service auto centre, parts and accessory store at the company’s Slaney Point location, opposite Prospect Reef, as it continued its phased launching of auto dealership services.

February 25th, 2016
Flow – Exclusive broadcast partner & sponsor of Flow CARIFTA Games

ST GEORGE’S, Grenada – Flow has once again given Caribbean sports fans another reason to celebrate - as for the first time in the history of the CARIFTA Games, a three day sports event will be broadcast live in High Definition (HD) across the entire region.

February 24th, 2016
VI Airlink should be territory's flag carrier – Natalio D. Wheatley

ROAD TOWN, Tortola, VI – Shareholder of VI Airlink, Neville C. Brathwaite Jr. believes that while he would like to see the territory get its own flag carrier, he said it doesn't necessarily have to be VI Airlink.

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