Finance and Business
Time for better banking service
By Donald E. de Castro
I can remember when there was a government savings bank in the old administration building; however, merchants that imported merchandise that came via St Thomas, USVI, had to make payments through the Virgin Islands National Bank in St Thomas. Because of this situation, merchants of Tortola would send thousands of dollars weekly/monthly by cargo boat captains who would transact all necessary business on their behalf.
Fmr PS Willock takes on hostile BBC journalist in defence of VI Financial Services
ROAD TOWN, Tortola, VI- With the recent Panama Papers leak causing a shakeup in Governments across the globe and much negative attention being directed to the Virgin Islands and other financial services jurisdiction in the region, a private citizen and publisher of Virgin Islands News Online has come out in strong defence of one the territory’s main economic pillars, even while Government and other stakeholders remain silent.
Premier Smith 'out of touch' with reality' – Hon Julian Fraser RA
ROAD TOWN, Tortola, VI - Reacting to the news of the Mossack Fonseca leak of information regarding the global financial services industry yesterday April 4, 2016, Leader of the Opposition Honourable Julian Fraser RA said Premier Dr The Honourable D. Orlando Smith seems to be out of touch with the reality of the situation.
8 yrs later Legislators still refusing to comply with Register of Interests Act - SFC Report
ROAD TOWN, Tortola, VI- With all the chatter and unconfirmed reports about which politician is stealing money from Government, which one bought a mega yacht and which one continues to engage in conflict of interest in order to pay himself directly and indirectly, eight years later most of the elected officials in the Virgin Islands House of Assembly (HoA) have still not declared their interests to the Register of Interests.
Digicel launches Samsung Galaxy S7
ROAD TOWN, Tortola, VI - This week, Digicel partnered with Caribbean Cellars for the launch the newest additions to the Galaxy family of products, Samsung Galaxy S7 and Galaxy S7 edge capable of transforming the lives of consumers in the Caribbean and Central America.
Financial Services Sector rocked by decline & Black Listing- SFC Report
ROAD TOWN, Tortola, VI- Critics of the ruling National Democratic Party (NDP) Administration continue to preach that the Administration is not good at handling regional and international matters, in particular the Financial Services Sector.
Louis Potter returned as BVICCHA Chairman
ROAD TOWN, Tortola, VI – Mr Louis Potter has been returned as Chairman of the British Virgin Islands Chamber of Commerce and Hotel Association (BVICCHA) and together with a strong team he intends to make life easier for businesses in the territory.
'Don't tamper with Property Taxes! - Opp Leader Hon Julian Fraser
ROAD TOWN, Tortola, VI – Leader of the Opposition and Representative for the Third District Honourable Julian Fraser RA said that he would not sit by and allow the Government to tamper with Property Taxes without there being a buy in from the general public as land ownership is in the DNA of the Virgin Islander and such a move would be retrogressive.
'Big' job fair on VG in April for displaced Little Dix Bay workers
VALLEY, Virgin Gorda, VI – Representative for the Ninth District Dr The Honourable Hubert O'Neal is confident that an upcoming job fair will find work for many of the 300 workers soon to be sent home from the Rosewood Little Dix Bay Hotel and Resort which is embarking on a year and a half of rehabilitation from May 1, 2016.
'Walwyn does not want me talk because he got a lot to hide'- Hugh E. Darley
ROAD TOWN, Tortola, VI - Former developer of the Cruise Port Development Project Hugh E. Darley has reacted to the statements in the House of Assembly against him by Minister for Education and Culture Honourable Myron V. Walwyn, saying that if anyone knows of the contribution that he made in the early days of the controversial project it would be Honourable Walwyn.
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