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Finance and Business
Laurel L. Smith is new Acting Accountant General
ROAD TOWN, Tortola, VI- After the June 8, 2015 General Elections that saw the ruling National Democratic Party (NDP) Government returned to power in a landslide victory, the first casualty of victimisation was reported to be long time civil servant and Virgin Islander Ms Laurel L. Smith.
Decision to close Little Dix Bay Hotel was done 'without' Gov’t consultation!
ROAD TOWN, Tortola, VI- The decision to close Rosewood Little Dix Bay Hotel and Resort on Virgin Gorda for a year and a half from May 1, 2016 for renovation was done without consultation with Government, Premier Dr The Hon D. Orlando Smith has lamented.
300 jobless when Little Dix Bay Hotel closes in May 2016
ROAD TOWN, Tortola VI- As if some persons living in the territory from paycheck to paycheck were not enough, some 300 employees of Rosewood Little Dix Bay Hotel and Resort on Virgin Gorda will be out of work from May 1, 2016 when the company closes for 18 months.
‘New air access will attract more financial services to VI’ – Julien N. Johnson
ROAD TOWN, Tortola, VI – Executive Director of BVI Finance Julien N. Johnson has described as critical the reality of direct air access to and from the Virgin Islands from Miami, Florida, USA, calling the development a welcomed one for the financial services sector whose personnel need such direct access.
‘Outrageous for Govt to subsidise airline while owing persons’ – Donald E. de Castro
ROAD TOWN, Tortola, VI – Radio talk show host Donald E. de Castro has slammed the National Democratic Party (NDP) Government for investing $7 million in taxpayers dollars into a foreign owned airline when persons in the territory cannot be paid for the services they rendered months ago.
UPDATE: Court quashes TRC's decision to omit CCT from Spectrum Award Process
ROAD TOWN, Tortola, VI - Caribbean Cellular Telephone (CCT) was successful in its Eastern Caribbean Supreme Court Judicial Review which challenged, among other things, its exclusion from the 2015 Spectrum Award Process, according to a statement from CCT today January 13, 2016.
NHI should never mean ‘No Help Intended’
By Alred C. Frett
Is NHI as ready to deliver as the Public is to receive?
This is mid-January 2016 and, while I do not agree with the Minister that time for NHI Debate has passed or that it is going smoothly, I do agree that NHI started as scheduled on January 1, 2016… It arrived with both Promises and Threats and even as most of us retain our opinions regarding the pros and cons, both Consumers and Providers will finally be forced to see whether or not it functions.
Premier Smith dodges questions on Hugh E. Darley's allegations!
ROAD TOWN, Tortola, VI – Premier and Minister of Finance Dr The Honourable D. Orlando Smith yesterday January 12, 2016 brushed off questions from this media house about the bombshell revelations of former project coordinator of the cruise pier development project Hugh E. Darley.
Hong Kong businessman seeking to open bank in VI
ROAD TOWN, Tortola, VI- A prominent Hong Kong businessman is reportedly seeking to open a bank here in the Virgin Islands sometime later this year.
Govt pumps $7M in subsidies into BVI Airways
ROAD TOWN, Tortola, VI – Just as first and accurately reported by this news site, Government today January 12, 2016 announced direct flights to and from Miami, Florida, USA, through a joint venture between the Government of the VI and BVI Airways which will see some $7 million of taxpayer dollars pumped into it as part of a three-year agreement.
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