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Finance and Business

October 20th, 2015
Digicel to make statement on WhatsApp & Skype call blocking ‘soon’

ROAD TOWN, Tortola, VI – Mr Kevin Gordon, Head of Business Operations of Digicel BVI, has informed this news site that the company will be making an announcement in relation to Voice over Internet Protocol (VoIP) services very soon as it is well aware of the related concerns.

October 17th, 2015
The trouble with economics

By Dickson Igwe

Economics is a potent tool for the creation, formulation, and execution of social, commercial, and public policy. However, the trouble with economics is that it is subjective. It is colored by the values and opinions, even the cultures, of the economists who make the critical assertions that impact the well being and direction of whole societies, nations, and regions. Consequently, errors of judgment are made. These errors can be catastrophic.

October 16th, 2015
“I was approached for this job” – Mr Elton Georges

ROAD TOWN, Tortola, VI – Seven Seas Water, a division of AquaVenture Holdings, has confirmed that Mr. Elton Georges CMG, OBE has accepted appointment in a consulting capacity as Managing Director of its local company – Aqua Venture Water Corporation (BVI) effective Monday September 21, 2015.

October 15th, 2015
Govt signs $1.7M in contracts for infrastructural works

ROAD TOWN, Tortola, VI – Earlier today October 15, 2015 the Government of the Virgin Islands (VI) signed two contracts to the sum of One Million, Seven Hundred and Eleven Thousand, Eight Hundred and Thirteen Dollars and Fifty-nine cents ($1,711,813.59) with two local contracting companies for rehabilitative infrastructural works at Huntums Ghut and Long Trench.

October 15th, 2015
KRyS Global secures a landmark decision in US Bankruptcy Court for foreign representatives

ROAD TOWN, Tortola, VI- Kenneth Krys and Charlotte Caulfield of KRyS Global, the British Virgin Islands Joint Liquidators of Fairfield Sentry Limited, secured a significant decision yesterday (October 13, 2015) when US Bankruptcy Judge, Stuart M. Bernstein handed down his decision granting their motion to disapprove the sale of their $230 million allowed SIPA claim in the Bernard L Madoff Investment Securities Inc. liquidation, to Farnum Place (a Baupost special purpose entity) and US hedge fund.

October 14th, 2015
BVI Finance showcases territory’s financial offerings @ intl events

ROAD TOWN, Tortola, VI - BVI Finance recently completed a round of events in Monaco, Chile and the United States which showcased the territory’s diverse offerings in the financial services industry to international practitioners and high net worth end users. The visits all took place between September 23, 2015 and October 1, 2015.

October 14th, 2015
WhatsApp & Skype blocking a matter for TRC to address- Hon Mark H. Vanterpool

ROAD TOWN, Tortola, VI – Minister for Communications and Works Honourable Mark H. Vanterpool (R4) has said he will not be getting involved in the contentious issue of Over the Top (OTT) blocking by some telecommunications carriers in the Virgin Islands.

October 13th, 2015
Dolphins not in danger of seaweed- Emmanuel Gilbert

PROSPECT REEF, Tortola, VI - Swim with the Dolphins General Manager Mr Emmanuel Gilbert has given the assurance that the dolphins there are not affected by the invasion of sargassum seaweed as the entity conducts frequent water testing as a quality control measure.

October 13th, 2015
‘Give spectrum to company best representing VI interest' – Richard C. de Castro

ROAD TOWN, Tortola, VI – Television talk show host and social commentator Richard C. de Castro said that when it comes to the allocation of the spectrum, now might be the time to show preference to a particular telecommunications company which has positioned itself in the interest of Virgin Islanders.

October 12th, 2015
When good people speak & bad leaders refuse to listen

By Alred C. Frett

…And the Baggage of Slavery continues to weigh us down:

There is no doubt the global effects of Slavery remain high and Systemic Discrimination and Injustice within most Societies continue to diminish Human Rights while increasing the undue imprisonment of African Descendants… Meanwhile we are trained to downplay these wrongs by telling ourselves that they will pass with time – They never do and our Children are left to carry burdens we create.

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