Finance and Business
Bank of Asia partners in Hong Kong court after fallout
ROAD TOWN, Tortola, VI – The original partners who were seeking to have the Bank of Asia established in the Virgin Islands are now in court after an apparent fallout.
After a $7M tax payer bailout for BVI Airways not a dime for local ferries!
ROAD TOWN, Tortola, VI- It seems that only foreign companies can obtain easy access to taxpayers’ monies in the millions to bail out their defunct or struggling businesses.
NDP Gov’t sets sight on Fisheries sector as third economic pillar
ROAD TOWN, Tortola, VI- Deputy Premier and Minister of Natural Resources and Labour, Dr The Hon. Kedrick D. Pickering (R7) says the launch of the first Fisheries Advisory Committee represents one where the government will make great strides in further cementing the relationship between them and the fisheries sector.
AA cancels USVI flights to & from Miami due to Hurricane Matthew
VI CONSORTIUM
CHARLOTTE AMALIE, St Thomas, USVI- American Airlines has canceled several flights to and from Miami, Florida on October 6, 2016 due to Hurricane Matthew, Virgin Islands Port Authority Executive Director Carlton Dowe announced late Wednesday October 5, 2016.
UPDATE: Water restored to Anegada after payment
THE SETTLEMENT, Anegada, VI- After the embarrassing situation where the owners of TSG, the desalination water plant providing water to the residents and businesses of Anegada, shut off the water plant late Monday afternoon, October 3, 2016 following the lack of payments from Government, water has been restored.
Doug Wheatley laments hike in prices after minimum wage increase
ROAD TOWN, Tortola, VI- Days after the implementation of the increase of $2 on the minimum wage in the Virgin Islands (UK) came into effect, the host of Speak Out BVI on 780 AM, Doug Wheatley, is lamenting that reports circulating indicate that already there has been a hike in prices in many areas.
BVI Airways acquires first jet
CARIBBEAN JOURNAL
BVI Airways has acquired its first aircraft ahead of its planned launch of nonstop flights from Miami, the carrier announced.
VI could face EU sanctions over its offshore sector
ROAD TOWN, Tortola, VI- The Virgin Islands is listed among eight British overseas territories and crown dependencies that could face EU economic sanctions after Brussels identified them as having low or no corporation tax.
Hon Turnbull should be blasting his own colleagues about NHI- Natalio D. Wheatley
ROAD TOWN, Tortola, VI- The older and more experienced legislators in the House of Assembly have come under fire for not taking the time out to groom one of the youngest legislators in their midst- Hon Melvin “Mitch” Turnbull (R2).
Digicel to roll out new LTE network in coming months
ROAD TOWN, Tortola, VI- Digicel, the Virgin Island’s biggest and fastest data network, is making significant progress in the building and implementing its new LTE network. The company is now finalizing its territory-wide build out of the LTE network to deliver unprecedented speeds making it the Virgin Island's fastest and most reliable LTE network. Digicel customers can look forward to 10 times faster speeds, when the company enables the network within the coming months.
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