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Finance and Business

February 21st, 2015
Rosewood Little Dix Bay Resort honours outstanding employees

VALLEY, Virgin Gorda, VI - “830 years of service we are celebrating here tonight, that’s amazing,” said Managing Director of Rosewood Little Dix Bay Resort Edward Linsley on Wednesday February 11, 2015 at the occasion of an award ceremony for its outstanding employees. The company also boasts two employees who have been there for over 45 years.

February 14th, 2015
Real competition: always the best option

By Dickson Igwe

Colin O’Neal is a powerful name in Virgin Islands Society. He is the proverbial BIG SHOT. A wealthy aristocrat, businessman and lawyer: Scion of a West Indian merchant and commercial dynasty going back to the early 1900s.

February 13th, 2015
HSBC leak reveals blns from C'bbean, including VI, stashed in Switzerland

WASHINGTON, USA - The International Consortium of Investigative Journalists released a report this week revealing billions of dollars held in nearly 60,000 internal Swiss bank documents from 2006 to 2007 leaked by whistleblower Hervé Falciani, a former employee of HSBC in Switzerland, said a report from Caribbean News Now.

February 12th, 2015
UPDATE: BVIEC workers grateful for Asphalt Plant’s quick response

POCKWOOD POND, Tortola, VI – Workers who had contacted this news site complaining about the emitting of pollutants from the nearby Asphalt Plant which had negatively affected them are now singing praises for the company’s prompt response.

February 12th, 2015
Digicel share the love of Valentine’s day with ‘Mr Loverman’ promo

ROAD TOWN, Tortola, VI: Share the love this Valentine’s Day on the BVI’s Bigger, Better data network! You can say “I Love You” with Digicel’s amazing deals on a variety of prepaid and postpaid smartphones, free social media and prizes lasting throughout the month of February.

February 12th, 2015
‘What about affordable apartment rentals?’ – asks Donald E. de Castro

ROAD TOWN, Tortola, VI – Radio talk show host and social commentator Donald E. de Castro said affordable housing is not just about being able to get land and build a home but also to be able to rent a decent apartment at a reasonable price for persons not planning to build.

February 10th, 2015
‘Cruise Pier delays will mean $$’ – Hon Andrew A. Fahie

ROAD TOWN, Tortola, VI – First District Representative and senior member of the Virgin Islands Party (VIP) Honourable Andrew A. Fahie said that while his party has always supported the idea of an expansion of the cruise pier, they cannot ignore that with the numerous delays there is bound to be cost overruns which ultimately the taxpayer will bear.

February 9th, 2015
‘NDP not serious about accountability!’– Hon Julian Fraser RA

ROAD TOWN, Tortola, VI – Chairman of the Virgin Islands Party (VIP) Honourable Julian Fraser RA (R3) said the National Democratic Party (NDP) Administration has not demonstrated that accountability is something it takes seriously given that it signed just three Tax Information Exchange Agreements (TIEA) over a seven-year combined period it has been in government.

February 8th, 2015
Jeremiah B. Leslie & Eudene L.S. Dick BEYC 2014 stars

BITTER END, Virgin Gorda, VI – When Jeremiah B. Leslie and Ms Eudene L.S. Dick were honoured as service stars for the year 2014 by the management of Bitter End Yacht Club (BEYC) last evening February 7, 2015 all the workers, including its management, heard that the personalities that exist at the club surpass those of the many other resorts across the Virgin Islands.

February 7th, 2015
Wealth inequality, popular capitalism, and economic growth

By Dickson Igwe

There is increasing evidence that great wealth inequality is bad for economic growth. There is also an argument that the lack of a well regulated stock, commodity, and currency exchange in developing countries limits the access of the working and middle class to wealth and capital. That barrier to investment by the masses, further limits economic growth.

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