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Finance and Business

February 12th, 2016
Flow & CaribbeanTales announce Regional Partnership

MIAMI, Florida, USA – Cable & Wireless Communications (C&W), operator of the Flow brand, today announced an exclusive five-year partnership agreement with CaribbeanTales, a regional media company focused on developing Caribbean content for multi-media broadcast. Under the agreement, Flow, as lead sponsor, will support CaribbeanTales’ Incubator Programme to develop unique content for the region. This partnership also means Flow customers will have access to a huge range of exciting, locally and regionally pr

February 12th, 2016
NDP Politicians rake in thousands from Ports Development Project!

ROAD TOWN, Tortola VI- With Governor John S. Duncan OBE not committed to good governance and transparency, according to his critics, and with his new interpretation of section 67 of the Virgin Islands Constitution, it seems that elected members of the House of Assembly (HoA) with businesses are now free to “get theirs” directly or indirectly with any Government body without needing permission from the HoA or declaring their interests.

February 12th, 2016
Premier Smith admits giving wrong information to public

ROAD TOWN, Tortola, VI - Often criticised by members of the Opposition and the media of giving inaccurate information to the public, Premier and Minister of Finance Dr The Honourable D. Orlando Smith has admitted to doing so.

February 11th, 2016
Hon Walwyn blames wrong information given by Premier Smith on his $1M ‘Wall’

ROAD TOWN, Tortola, VI- It was first and accurately reported by our newsroom that the controversial Minister for Education and Culture, Honourable Myron V. Walwyn, spent well over One Million and Seventy-eight Thousand Dollars ($1,078,000.00) on a wall at the Elmore Stoutt High School (ESHS) in 2015. Many teachers and parents after hearing this were disgusted and outraged, especially since the National Democratic Party (NDP) Administration has left the country broke and public schools cannot get basic items

February 10th, 2016
NDP's plan to tax its way to prosperity will fail – Hon Andrew A. Fahie

ROAD TOWN, Tortola, VI – Representative for the First District Honourable Andrew A. Fahie believes that the National Democratic Party's (NDP) strategy to increases taxes and fees as a means of shoring up Government's coffers is a sure fire way to failure.

February 9th, 2016
BVIAA contradicts Premier Smith on legal action against BVI Airways

ROAD TOWN, Tortola, VI- So far no legal action has been taken against BVI Airways to recover funds owed to the BVI Airports Authority (BVIAA) more than two years ago.

February 9th, 2016
$1M spent on QE II Park; $200k for Water Fountain

ROAD TOWN, Tortola, VI- The National Democratic Party (NDP) Government of Premier and Minister of Finance Dr The Honourable D. Orlando Smith was on a spending spree leading up to the 2015 General Elections.

February 8th, 2016
Not broke but taxes/fees to increase

ROAD TOWN, Tortola, VI – Delivering the 2016 national budget in the House of Assembly today Monday February 8, 2016, Premier and Minister of Finance Dr The Honourable D. Orlando Smith said the funds that the Government has expended to execute a number of projects in the territory have been significant and are monies well spent.

February 8th, 2016
$331M Budget! Higher taxes announced with claim that country not broke!

ROAD TOWN, Tortola, VI - Sounding again like he was on the campaign trail, the Virgin Islands’ Minister of Finance Dr The Honourable D. Orlando Smith has announced a 2016 Appropriation Act of approximately Three Hundred and Thirty Million, Eight Hundred and Forty Six Thousand Five hundred United States Dollars ($330,846,500.00) of both protected revenue and expenditure.

February 8th, 2016
Alarming? $92,500.00 brand new Cadillac Escalade purchased for Premier!

ROAD TOWN, Tortola, VI- While no one who is fair and objective will disagree that the Virgin Islands’ Head of Government, Premier and Minister of Finance Dr The Hon D. Orlando Smith, ought to be driven in a state-owned vehicle, and security provided, as is the practice through-out the world or for that matter any Premier, residents are alarmed that in this hard economic time a new SUV was purchased for Dr Smith at such cost.

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