Finance and Business
St Thomas, USVI Sugar Bay Resort employees not paid
VI CONSORTIUM
CHARLOTTE AMALIE, St Thomas, USVI — An employee of the Sugar Bay Resort and Spa on St Thomas, US Virgin Islands, sent The Consortium a copy of what appears to be a letter from management, notifying workers that their pay would be delayed because of “unforeseen financial difficulties.”
‘Absolute rubbish!’ – says Hon Fraser on Govt's claims for violating Protocols
ROAD TOWN, Tortola, VI – Leader of the Opposition Honourable Julian Fraser RA (R3) said Premier Dr The Honourable D. Orlando Smith’s claim that building the territory’s economy was more important than savings at this juncture as his justification for missing the December 31, 2015 deadline for compliance to the UK’s Protocols for Effective Financial Management, is absolute rubbish, and totally unnecessary.
Cable & Wireless & WhatsApp sign Partnership
ROAD TOWN, Tortola, VI – Cable & Wireless (C&W) and WhatsApp have entered into a strategic marketing partnership. A first for the Caribbean, this exciting deal offers C&W customers access to the full range of WhatsApp features across the company’s networks. As a result of this partnership, C&W will introduce a suite of innovative packages with additional benefits for customers, which will be unveiled across all its markets in the coming months.
Govt's violation of Protocols was to build economy – Premier Smith
ROAD TOWN, Tortola, VI – Premier and Minister of Finance Dr The Honourable D. Orlando Smith has justified missing the December 31, 2015 deadline for compliance to the UK’s Protocols for Effective Financial Management, saying that building the territory’s economy was more important than savings at this juncture.
Davos, inequality & a dangerous new world
By Dickson Igwe
Countries that have less wealth inequality are more equitable and stable than those where the vast amount of wealth is controlled by a handful of families, and the one percent. Supply Sided Economic Theory and Trickle Down over the past 30 have re-engineered world wealth distribution to the top of the pyramid.
Establishments failing to post 'No Smoking' signs will be fined – Hon Skelton
ROAD TOWN, Tortola, VI – Minister for Health and Social Development Honourable Ronnie W. Skelton has promised to get tough on hospitality businesses that do not display no smoking signs or that allow patrons to smoke on the premises.
‘Country has not been left broke!’ – Premier Smith
ROAD TOWN, Tortola, VI – Premier and Minister of Finance Dr The Honourable D. Orlando Smith has debunked the allegation that the National Democratic Party (NDP) Government left the territory broke to finance the June 8, 2015 general election, despite the fact that contractors and service providers cannot be paid as yet for work done in 2015.
'Whose interest are we serving with Legal Prof. Act amendments?' – Hon Julian Fraser RA
ROAD TOWN, Tortola, VI – Leader of the Opposition Honourable Julian Fraser RA (R3) has questioned the Government as to whose interest is being served by the amendments to the Legal Profession Act after the legislation had been agreed upon just about one year ago.
Amending of Legal Profession Act critical for foreign law firms – Premier Smith
ROAD TOWN, Tortola, VI – Premier and Minister of Finance Dr The Honourable D. Orlando Smith said the territory has to be very careful when amending legislation because of it being a financial services jurisdiction on which some amendments could have negative effects.
Hons Fraser, Fahie slam Govt for rushing legislation through HOA
ROAD TOWN, Tortola, VI – First District Representative Honourable Andrew A. Fahie warned the National Democratic Party (NDP) Government against making the rushing of legislation through the House of Assembly the norm rather than the exception.