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Finance and Business

December 2nd, 2015
I Love Change Car Sales Event ‘a hit’ despite rain

ROAD TOWN, Tortola, VI- The newest auto dealership in the Virgin Islands, Tortola Auto Group (TAG) had some blessings from above to go along with its introductory car sales on Saturday November 28, 2015 as it turned out to be a rainy day, although the inclement weather did not stop persons from showing up at the Courtesy Car Rental Parking Lot to see what latest Hyundai vehicles they could get themselves or loved ones for the Christmas.

December 2nd, 2015
‘Still no updates on NHI Petition’ – Natalio D. Wheatley

ROAD TOWN, Tortola, VI – The main person behind the NHI Concerned Citizens and Residents Group Natalio D. Wheatley aka Sowande Uhuru is hopeful that the National Democratic Party (NDP) government takes the group's recommendations for the National Health Insurance (NHI) seriously and makes the changes as necessary, even as a committee currently examines the proposals.

December 2nd, 2015
USVI Gov Kenneth E. Mapp unveils landmark Hovensa agreement

VI CONSORTIUM

CHARLOTTE AMALIE, St Thomas, USVI — Governor Kenneth E. Mapp unveiled a landmark agreement that would immediately net the Government of the United States Virgin Islands (USVI) $220 million in cash at closing, up to $9 million to settle a legal claim, and up to $6 million for asphalt storage — bringing to a close a protracted battle that began with the refinery’s closing in 2012, and a failed attempt at acquisition by Atlantic Basin Refining, Inc. in December of last year.

December 1st, 2015
Tree of Hands hoping to reach some 900 VI children this Xmas

ROAD TOWN, Tortola, VI- Tree of Hands, the charitable initiative started by the Durante family some 20 years ago, continues to bear fruits and has been bringing Christmas joy to hundreds of Virgin Islands’ children every year.

November 30th, 2015
Report describes VI's company incorporation as 'flexible, lax, & see-no-evil'

ROAD TOWN, Tortola, VI – The Financial Secrecy Index 2015 published by the Tax Justice Network has given the Virgin Islands low marks for its financial secrecy which it said allows for the hiding and facilitating of all kinds of crime and abuses worldwide.

November 30th, 2015
Crabbe family out! as lease not renewed @ O’Neal’s Gas station

ROAD TOWN, Tortola, VI- It was this news site that firstly and accurately reported in November 2012 some three years ago, that one of Road Town’s landmarks, the Sol Gas Station popularly known as the O’Neal’s Gas station, will be run under new management effective November 1, 2012.

November 27th, 2015
LIME axes 20 workers in Antigua; more to go in the VI

ROAD TOWN, Tortola, VI - Almost 20 retail employees in Antigua and Barbuda of telecommunications company, LIME, have suddenly found themselves on the breadline after they were reportedly notified that their services would no longer be required after 30, November 2015.

November 26th, 2015
Scotiabank introducing TAG to VI with massive car sales

ROAD TOWN, Tortola, VI- Scotiabank, along with Nagico Insurances, will be introducing the territory's newest vehicle dealership, Tortola Auto Group (TAG), to the Virgin Islands with a massive car sales event dubbed ‘I love Change’ at the Courtesy Car Rental Parking Lot on Saturday November 28, 2015.

November 25th, 2015
Employment dipped in 2012 & 2013 in VI; Were we misled?

ROAD TOWN, Tortola, VI- In 2011 the National Democratic Party of Premier and Minister of Finance Dr The Honourable D. Orlando Smith was elected to office and in the two years that followed, 2012 and 2013, Premier Smith was talking up the Virgin Islands (VI) economy and claiming that it was “robust.” The statistics, however, proves that he was misleading the public.

November 24th, 2015
Wide skills gap existed in Deputy Governor’s Office- 2014 Report

ROAD TOWN, Tortola, VI- Staff issues continued to be one of the main challenges affecting various departments of government in 2014, and the Deputy Governor’s Office did not escape this problem.

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