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Finance and Business
Hugh E. Darley 'shocked' @ ports project spending
ROAD TOWN, Tortola, VI – Following yesterday’s January 25, 2016 bombshell disclosures by Minister for Communications and Works Honourable Mark H. Vanterpool (R4) regarding the total cost of the ports project being $82.9 million, former developer of the project Mr Hugh E. Darley expressed shock at the figures revealed.
Ports project cost soaring @ almost $83M
ROAD TOWN, Tortola, VI – Minister for Communications and Works Honourable Mark H. Vanterpool (R4) today January 25, 2016 reported on the status of the cruise pier development project, updating the public that the total cost of the project has swelled to $82.9 million against the previously estimated total of $45 million.
Festival 2015 performers will be paid, 'trust me’ – Premier Smith
ROAD TOWN, Tortola, VI – Premier and Minister of Finance Dr The Honourable D. Orlando Smith on Thursday January 21, 2016 acknowledged that Government should have paid local performers of Emancipation Festival 2015 before the end of last year.
EXCLUSIVE: Hon Marlon A. Penn hits ground running as Jr Minister
ROAD TOWN, Tortola, VI – The first major undertaking for Representative for the Eighth District and Junior Minister with responsibility for Trade and Investment Honourable Marlon A. Penn is to work on a study on the major economic pillars of the Virgin Islands with a view to charting a way through the turbulent global climate in which the territory finds itself.
Budget date yet to be decided – Premier Smith
ROAD TOWN, Tortola, VI – Premier and Minster of Finance Dr The Honourable D. Orlando Smith said the date for the presentation of the National Budget is yet to be decided, confirming our newsroom’s accurate report on January 20, 2016 that tomorrow Monday January 25, 2016 is not Budget Day.
3 times a charm for Scotiabank BVI!
ROAD TOWN, Tortola, VI - Scotiabank BVI has for the third year in a row won the prestigious Bank of the Year –British Virgin Islands award, a recognition which comes from The Banker Magazine which is published by the London-based Financial Times.
Gov't's call to audit itself an insult – Hon Fraser
ROAD TOWN, Tortola, VI – Leader of the Opposition Honourable Julian Fraser RA has come out swinging at Premier Dr The Honourable D. Orlando Smith for effectively announcing that the National Democratic Party (NDP) Government will be investigating itself on the cruise pier development project.
'Premier is misinformed! I was not paid'– Hugh E. Darley
ROAD TOWN, Tortola, VI – Former project coordinator of the cruise pier development project, President of I D E A Inc., Hugh E. Darley today January 22, 2016 said Premier and Minister of Finance Dr The Honourable D. Orlando Smith is “misinformed” for stating that all of what Government owed him had been paid in full.
Gov't investigating self on ports project scandal!
ROAD TOWN, Tortola, VI – Premier and Minister of Finance Dr The Honourable D. Orlando Smith announced that he has ordered an audit to be done by an international firm of the controversial cruise ship development project as a means to putting to rest what he called rumours being circulated.
BVIFSC announces new appointments to management team & staff changes
ROAD TOWN, Tortola, VI – The BVI Financial Services Commission (BVIFSC) on January 21, 2016 announced several additions to its management team as well as several changes to Commission staff.
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