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Finance and Business

August 14th, 2014
‘Ports Project needs Commission of Inquiry’ – Donald E. De Castro

ROAD TOWN, Tortola, VI – Commentator Donald E. De Castro believes that the port project needs to have a Commission of Inquiry in order to put to rest all doubts about the project and expressed concern that the Government seems unwilling to go in this direction.

August 12th, 2014
Hon Fahie makes case for COI into cruise pier project

ROAD TOWN, Tortola, VI – First District Representative Honourable Andrew A. Fahie amplified his call for a Commission of Inquiry (COI) to clear up issues surrounding the cruise pier project such as the cost of the project, the issues regarding the tendering, issues surrounding conflict of interest and the alleged concerns of persons who testified before the Public Accounts Committee (PAC).

August 11th, 2014
Why is PriceWaterHouseCoopers interested in the VI? – Hon Fraser

ROAD TOWN, Tortola, VI – Representative of the Third District Hon Julian Fraser RA said that Government should be cautious in dealing with accounting giant PriceWaterHouseCoopers, saying that the company can do or get anything it wants and buy its way out because of its size.

August 2nd, 2014
Competition: the best form of regulation

By Dickson Igwe

The regulatory mechanism is controlled by the wealthy and powerful. This is the tiny number of people at the pinnacle of the Virgin Islands social and economic pyramid. They own and manage the telecoms businesses. They also possess enormous political clout. These people profess to be business minded: in reality they are weary of real competition. Competition will eat into their bottom line.

August 1st, 2014
UPDATE: ‘60 cents - 60 seconds’ @ Delta Petroleum Pasea Station

PASEA, Tortola, VI – The word ‘history’ once again echoed through the air during this the 60th Festival Celebrations of an emancipated people of the Virgin Islands, this time it was the voice of Mr Bevis A. Sylvester, Regional General Manager of Delta Petroleum.

July 31st, 2014
Hon Vanterpool warns TRC, telecoms companies to improve services

ROAD TOWN, Tortola, VI – Minister for Communications and Works Hon Mark H. Vanterpool challenged the Telecommunications Regulatory Commission (TRC) and the telecommunications providers to bring their service up to par to what is available in the international community since the Territory is such a big player on the world stage.

July 31st, 2014
Digicel's cost of services reduced by 20% since 2008 – CEO Conor Looney

ROAD TOWN, Tortola, VI – New CEO of Digicel BVI Conor Looney said that since Digicel entered the Virgin Islands market, the company’s cost of communication services has reduced by 20 percent and has over that period invested some $24 million in building a network here.

July 30th, 2014
TRC celebrates World Telecoms Day with Open House

ROAD TOWN, Tortola, VI – The Telecommunications Regulatory Commission (TRC) in collaboration with the Ministry of Communications and Works and a number of telecommunications companies operating in the Virgin Islands kicked off a two-day celebration today July 30, 2014 to mark over 50 years of telecommunications in the Virgin Islands.

July 29th, 2014
UPDATE: LIME sets record straight on $5k 1st draw

ROAD TOWN, Tortola, VI – “Sean's eyes were closed when he pulled the name and he actually grabbed two pieces of paper and her paper was the one he held on to,” said Kareem-Nelson Hull LIME Manager, Marketing and Corporate Communications as he set the record straight amidst public concerns raised regarding the first $5k draw on Friday July 25, 2014.

July 26th, 2014
Companies that treat their staff like dung

By Dickson Igwe

One epiphany this Old Boy Journalist has had over the months is this one. The Virgin Islands telecoms industry is the perfect model of WHAT NOT TO DO IN PEOPLE MANAGEMENT. Linked with that assertion is another thing: Jack Customer should never expect better from a business that treats its staff poorly.

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