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Finance and Business

March 28th, 2015
After being forced out by NDP, Carnival is back!

ROAD TOWN, Tortola, VI - Minister for Communications and Works Honourable Mark H. Vanterpool (R4) has announced that Carnival Cruise Line has indicated its willingness to resume business again in the Virgin Islands as government has been in frequent dialogue with them and it was observed that there were miscommunications in the past.

March 28th, 2015
VI on US 'money laundering' list- Report

ROAD TOWN, Tortola, VI – The Virgin Islands features on the latest United States’ Department of State International Narcotic Control Strategy Report: Vol 2 – ‘Money Laundering and Financial Crimes’, which alleged that there are significant money laundering risks due to the exploitation of the territory’s financial services and lack of mandatory filing of ownership information.

March 27th, 2015
‘New hospital, cruise pier need BVIEC Phase 5’ – Ron R. Potter

POCKWOOD POND, Tortola, VI – Chairman of the Board of Directors at the BVI Electricity Corporation (BVIEC) Ron R. Potter said that without the Corporation’s Phase 5 Development Programme the territory cannot realise the promise of a new hospital, or capitalise on the benefits of the cruise pier and landside development.

March 26th, 2015
Leading by example? Newly paved road @ OneMart!

PORT PURCELL, Tortola, VI – Shoppers this week at OneMart Super Store can arrive and depart in comfort and style in the freshly paved driveway of the main parking lot at Port Purcell.

March 25th, 2015
‘Prices will increase with minimum wage’ – talk show caller

ROAD TOWN, Tortola, VI – A caller into last evening’s Speak Out BVI radio talk show suggested that there needs to be a stronger Consumer Protection Agency if the minimum wage is ever adjusted upward or else businesses will raise their prices as well.

March 25th, 2015
‘We not soup drinkers’- EE fishermen

ROAD TOWN, Tortola, VI – Construction of a fisherman’s dock in the East End community is underway after some 20 years in the making; however, not without criticisms.

March 24th, 2015
‘Indigenous farmers being run over!’ – Lorie A. Rhymer

ROAD TOWN, Tortola, VI – Public Relations Officer of the People’s Empowerment Party (PEP) Lorie A. Rhymer said local farmers are being run over by persons selling imported produce far cheaper than local produce and that this situation must be corrected if agriculture in the territory is to go anywhere.

March 23rd, 2015
‘Brace for more trouble when cruise pier re-opens’ – Concerned residents

ROAD TOWN, Tortola, VI – Residents of the sister islands of Virgin Gorda and Jost Van Dyke are trying to conceptualise the reality that will hit when the Cruise Pier re-opens next month as they said issues of overcrowding at safety at the beaches were not taken into consideration by government in their planning.

March 22nd, 2015
Create a buzz! Participants @ CCT Buy BVI Trade Expo urged

ROAD TOWN, Tortola, VI – “Take pictures of your booth, put them up on facebook, twitter, instagram or whatever, lets create a buzz, let’s get the energy rolling, let’s get people into the building,” said Mr Antoni Tuckett as he sought to motivate fellow entrepreneurs present at the Buy BVI Trade Expo that started yesterday March 21, 2015 at the Multi-Purpose Sports Complex.

March 19th, 2015
Minimum Wage Committee meets empty chairs

ROAD TOWN, Tortola, VI – “It looks like the discussion tonight will be among the press and the committee,” said Chairman of the Minimum Wage Committee Mr Simon Potter, a statement that was well in order as a handful of persons turned up for the meeting to review minimum wages at the Sir Rupert Briercliffe Hall last evening, March 18, 2015.

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