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Finance and Business
Biras Creek Resort sends home all employees
BIRAS CREEK, Virgin Gorda, VI- More than 70 workers of Biras Creek Resort in Virgin Gorda will now be wondering where their next paycheck will be coming from as the resort has sent home all of its employees, stating in a severance letter to employees today, June 16, 2015 that the resort will be closed until further notice.
EXCLUSIVE: Dr Robert A. Mathavious dismisses retirement talk
ROAD TOWN, Tortola, VI - Managing Director/Chief Executive Officer of the BVI Financial Services Commission Dr Robert A. Mathavious has dismissed talk of his retiring this year.
Hummingbird Air enters VI air travel industry
BEEF ISLAND, VI – With the owners Mr Samuel Raphael and Mrs Glenda C. Raphael on board, Hummingbird Air made its inaugural flight into the Virgin Islands today, June 5, 2015 via the Terrance B. Lettsome International Airport, Beef Island, thanks to the persistence of Platinum Port Services (BVI).
Increments were withheld to deal with 'other things’ – Premier Smith
CAPOON’S BAY, Tortola, VI – Premier and Minister of Finance Dr The Hon D. Orlando Smith said last evening May 12, 2015 that Government had to withhold payment of increments because the National Democratic Party (NDP) needed the money to do "other things".
Hon Vanterpool campaigns at shipping conference
ROAD TOWN, Tortola, VI – Minister for Communications and Works Honourable Mark H. Vanterpool (R4) took the opportunity of the opening of the three day Caribbean Shipping Association's 14th Annual Conference to tout the achievements of the National Democratic Party (NDP) Government during its latest term in office, demanding that the participants present acknowledge those achievements by clapping.
Cuba, expanded Panama Canal offer transhipment opportunities – CSA Pres.
ROAD TOWN, Tortola, VI – President of the Caribbean Shipping Association (CSA) Grantley St. J. Stephenson CD, JP, believes that shipping in the region stands to benefit from a number of major events such as the opening of once frozen relations between the United States and Cuba, the expansion of the Panama Canal and a $600 million investment by French shipping company CGM-CMA.
UPDATE: Pre-Mother's Day car sale draws much public interest
ROAD TOWN, Tortola, VI – Scotiabank BVI and Nagico Insurances yesterday May 2, 2015 held a pre-Mother’s Day car sale with a number of the territory’s top auto dealerships, including Burke’s Garage, VI Motors, International Motors and others, with a number of sales being closed.
Premier Smith acknowledges human trafficking concerns for VI
ROAD TOWN, Tortola, VI – Premier and Minister of Finance Dr The Honourable D. Orlando Smith has dismissed concerns raised by the United States Government in their recently released International Narcotics Control Strategy Report, saying the Government is working along with the US authorities on the issues identified.
‘NDP's malicious treatment of Biwater cause of water woes'– Hon Fraser
ROAD TOWN, Tortola, VI – Chairman of the Virgin Islands Party Honourable Julian Fraser RA (R3) believes the National Democratic Party is caught up in its usual web of misinformation with a view to clouding the memories of persons with regard to the Biwater affair and that their malicious treatment towards Biwater is only causing the people to continue to suffer water woes.
VI remains on France's Blacklist
ROAD TOWN, Tortola, VI – Financial Secretary Neil M. Smith said that France is pleased with the Virgin Islands on a technical level but work still needs to be done to get the territory off the blacklist imposed in late 2013.
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