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Finance and Business

January 4th, 2016
CIL monitoring possible job losses due to NHI

ROAD TOWN, Tortola, VI - Managing Director of Caribbean Insurers Limited (CIL) Brian W. Jermyn said the possibility of lost jobs as a result of the National Health Insurance (NHI) is definitely a real concern for the company.

December 31st, 2015
UPDATE: NHI going ahead as is! Petition group to up the ante – Natalio D. Wheatley

ROAD TOWN, Tortola, VI – Main agitator behind the NHI Concerned Citizens and Residents Group Natalio D. Wheatley aka Sowande Uhuru blasted Premier Dr The Honourable D. Orlando Smith's response to their petition and cover letter as unsatisfactory and vague.

December 30th, 2015
NHI registration period extended as 'last minute' crowd bulges

ROAD TOWN, Tortola, VI – As the days count down to Friday January 1, 2016 commencement of the mandatory and controversial National Health Insurance (NHI), the rush was on today December 30, 2015 to get registered at the last minute, resulting in an extension in the registration period up to January 31, 2016.

December 30th, 2015
Tourist arrivals up despite dark clouds over ports project

ROAD TOWN, Tortola, VI- What is becoming a familiar sight since the expansion of the cruise pier and continuing upland development, three cruise ships are in port today December 30, 2015.

December 27th, 2015
New Western Union outlet opens in One Stop Mall

ROAD TOWN, Tortola, VI – One of two new Western Union outlets have opened in the One Stop Mall, bringing the total to four in the territory. The Western Union One Stop Mall on the Virgin Islands main island of Tortola was opened on December 19, 2015.

December 25th, 2015
Who will be the fall-guy over the Ports Project scandal?

ROAD TOWN, Tortola, VI - The issues surrounding the BVI Ports Authority’s controversial Tortola Pier Park Project continues to be the talk of Road Town with many unconfirmed reports, speculations, backroom meetings, and in some cases according to many of our news room National Democratic Party sources some demands and ultimatums.

December 24th, 2015
‘I made no promises of gifts nor was I offered any’ - Hugh E. Darley

ROAD TOWN, Tortola, VI – Former Project Developer of the Cruise Pier Development Project Hugh E. Darley denied that he made or received any promise of gifts in exchange for approval for his company to develop the project and said that his benefitting from the project would have come over time through the equity that he had.

December 23rd, 2015
'We know who beneficially owns VI companies’ – Premier Smith

ROAD TOWN, Tortola, VI – Premier and Minister of Finance Dr The Honourable D. Orlando Smith announced in the House of Assembly on Monday December 21, 2015 during the Fifth Sitting of the First Session of the Third House of Assembly that the territory was successful in gaining recognition for its “largely compliant rating” by the Organisation for Economic Cooperation and Development (OECD), which said that the territory should not be labelled as a tax haven.

December 22nd, 2015
ESHS student shines in NAGICO’s Regional Art Competition

ROAD TOWN, Tortola, VI- Elmore Stoutt High School’s (ESHS) Kachife Bradshaw is among the 12 finalists from around the Caribbean whose work is featured prominently in NAGICO Insurances 2016 calendar which is currently in circulation in the 19 Territories in which the company operates.

December 22nd, 2015
‘France has lifted its blacklist on VI’ – Premier Smith

ROAD TOWN, Tortola, VI – Premier Dr The Honourable D. Orlando Smith last night December 21, 2015 claimed that the blacklist imposed by France in 2013 on the Virgin Islands' financial services sector has been lifted.

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