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Finance and Business
This Week We Feature Young Professional Kadisha K. Willock
By N. Johann Earle
Our Young Professional for this week is the creative and focused graphic artist and fashion designer Kadisha K. Willock who wants not only to excel in the world of fashion and graphic design but also to pass on her skills and knowledge to children interested in the art forms.
Premier Smith denies knowing of Little Dix Bay Resort closure beforehand
ROAD TOWN, Tortola, VI – Premier Dr The Honourable D. Orlando Smith has dismissed assertions that his National Democratic Party (NDP) Government knew of the closure of Rosewood Little Dix Bay resort on Virgin Gorda long before January 14, 2016, the date of the announced 18-month downtime from May 1, 2016, insisting that he only knew of the closure just one day before the workers themselves.
Jamaica Parliament approves $600-per-week minimum wage increase
Jamaica Observer
New minimum wage rates were approved for lowly paid Jamaican workers in the House of Representatives on Tuesday after a noisy showdown between Government and Opposition members of Parliament (MPs) over the level of increases.
'Environmental issues' with Nanny Cay development project still unresolved
NANNY CAY, Tortola, VI – General Manager of Nanny Cay Miles Sutherland-Pilch has confirmed that the Nanny Cay development project is forging ahead and completion of the undertaking is likely to be before the end of 2016.
TCPD approved Little Dix Bay renovation project since 2013
ROAD TOWN, Tortola, VI – While the news of the impending lengthy closure of Little Dix Bay Resort on Virgin Gorda for renovations has come as a shock to some, including Government, the resort has been seeking to conduct the renovations for years.
‘VI must survive swimming with the sharks’ – VI businessman Colin O’Neal
ROAD TOWN, Tortola, VI – Virgin Islands' Businessman Colin O’Neal has sounded a dire warning for the territory, saying that the VI is no longer a “small fish in its own fishbowl” but is now swimming with the sharks in hostile waters of financial services where survival is the only option.
‘Rosewood Little Dix resort closure would have cost NDP election’ – Hon Julian Fraser RA
SEA COWS BAY, Tortola, VI – Leader of the Opposition and Chairman of the Virgin Islands Party (VIP) Honourable Julian Fraser RA (R3) said that had the election process been allowed to run its normal course and had there not been snap elections, the news of the imminent closure of Rosewood Little Dix Bay, together with that of Biras Creek Resort would have spelt doom for the National Democratic Party’s (NDP) chances at holding on to Government.
‘Let’s make Cabinet minutes public’ – Hon Andrew A. Fahie
ROAD TOWN, Tortola VI – Representative for the First District Honourable Andrew A. Fahie has suggested that while the cruise pier development project is a good one, its execution demonstrated lack of transparency and accountability.
FSC warns of corporate entity claiming to be registered in VI
PASEA ESTATE, Tortola, VI – In a time when the territory is extra mindful of its main economic engine, the financial services sector, the Financial Services Commission (FSC) issued a warning about an entity calling itself St World Trade Inc., also operating under the name TradingBanks, purporting to offer a range of investment products out of the Virgin Islands.
‘BVI Airways’ outstanding landing fees will be dealt with’ – Premier Smith
ROAD TOWN, Tortola, VI – This news site had first and accurately reported on January 11, 2016 that BVI Airways, which Government was seeking to subsidise, had owed monies to the BVI Airports Authority (BVIAA) prior to discontinuing its service at the Terrance B. Lettsome International Airport in 2014. And, according to Premier and Minister of Finance Dr The Honourable D. Orlando Smith, monies owed by BVI Airways for landing fees to the BVIAA will be dealt with and have not been written off.
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