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Finance and Business

November 27th, 2013
Scotiabank the first to bring Mutual Funds to the VI

ROAD TOWN, Tortola, VI- “It’s essentially about making the client better off financially and what we have done by bringing the mutual funds to the BVI is try to bring smart investments to the island to make people better off. Scotiabank is now the only bank on the island that can offer proprietary funds to its client base within the BVI,” said Senior Manager of Sales/Scotiabank Mutual Funds, Mr Randy Warrington in an exclusive interview with Virgin Islands News Online.

November 25th, 2013
Winners of Money Matters BVI radio quiz awarded

ROAD TOWN, Tortola, VI- Designed to stimulate and test the knowledge of Class 5 and high school students in financial services, Money Matters BVI- the official brand of the Financial Literacy Programme of the BVI Financial Services Commission- recently partnered with ZBVI Radio to conduct its second radio quiz of 2013.

November 25th, 2013
Tax havens urged to expose firms hiding fortunes on their shores

THE GUARDIAN

Campaigners have urged Britain's overseas territories to expose the true owners of shell companies set up on their shores to curb illicit financial flows that deprive poor countries of billions of dollars.

November 19th, 2013
Gov’t can save lots of $$ through proposed GIS strategy – Carnel Smith

ROAD TOWN, Tortola, VI - Chief Environmental Health Officer in the Environmental Health Division of the Virgin Islands, Mr Carnel Smith has highlighted ways in which the government of the Virgin Islands (VI) can save “tons of money” if they can better organize and coordinate the operations of the GIS systems of sharing inter-departmentally.

November 18th, 2013
Premier Smith assures contractors of due payments ‘soon’

ROAD TOWN, Tortola, VI –Contractors who have not been paid by government for works done over a period of time have been promised their payments “soon” by Premier and Leader of Government Business, Dr The Honourable D. Orlando Smith.

November 14th, 2013
Premier not talking about Carnival Cruise Line negotiations

ROAD TOWN, Tortola, VI – “…What I can say is that we are in discussions and my objective is to have them continue to come to the British Virgin Islands.” This was a response given to reporters at a press conference called by Premier and Minister of Finance Dr the Honourable D. Orlando Smith on November 12, 2013.

November 13th, 2013
TB Marketplace launch emphasises relationship building

ROAD TOWN, Tortola, VI – Representatives from the USA, United Kingdom, Germany, Italy, Puerto Rico and Latin America gathered with members of the BVI Tourist Board and several businesses today, November 13, 2013 in launching the BVI Marketplace.

November 13th, 2013
UPDATE: Locals can continue providing service despite Jet Centre- Premier

ROAD TOWN, Tortola, VI- The Jet Centre facility for the Terrence B. Lettsome International Airport awarded to IAM Caribbean Inc is not a major project, according to Premier and Minster of Finance Dr. the Honourable D. Orlando Smith.

November 12th, 2013
UPDATE: McAlpine selected based on finances proposed-Premier Smith

ROAD TOWN, Tortola, VI – “McAlpine hopes to expend up to one hundred million dollars in carrying out the development. The government is pleased that the selection is made and I am even more pleased to say that we are now in the process of finalizing the project development agreement,” announced Premier and Minister of Finance Dr. the Honourable D. Orlando Smith at a press conference at Central Administration Complex this morning November 12, 2013.

November 12th, 2013
Local entrepreneur alleges discrimination in trade licence delay

GREAT HARBOUR, Jost Van Dyke, VI – One local entrepreneur has alleged that he is being discriminated against, after having applied for a trade licence for a year and not receiving approval to date allegedly because of complaints.

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