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Finance and Business

September 12th, 2013
David Cameron confirms the BVI Is not a tax haven

ROAD TOWN, Tortola, VI- The [British] Virgin Islands (BVI) welcomes David Cameron’s statement to the House of Commons in which he commended the Overseas Territories and Crown Dependencies for the actions taken to ensure the highest standards of tax transparency and that it is no longer fair to refer to the BVI, and its peers, as ‘tax havens’.

September 11th, 2013
Local farmer gets surprise of her life from Tola Mitsubishi

FISH BAY, Tortola, VI – Local farmer, Moviene Fahie, expressed surprise and gratitude today, September 11, 2013 after receiving a JAC single-cabin 2-ton light truck from Managing Director of Tola Mitsubishi, Mr Bruce Wong.

September 10th, 2013
Five added to Digicel dynamic team

ROAD TOWN, Tortola, VI – While a number of companies have been buckling to the punches of the economic downturn in the Virgin Islands, Digicel has been stepping up its game and, most importantly, providing employment opportunities for persons here.

September 10th, 2013
Biwater debacle led to mistrust in pooling investments - Smith

ROAD TOWN, Tortola, VI – With the emergence of Biwater on the local scene and its subsequent reported failings, there was a resultant level of mistrust with regard to pooling resources among locals, according to Commentator Cromwell Smith aka Edju En Ka.

September 5th, 2013
UPDATE: Manager hoping NYC Fashion Week opens gateway for ‘Kadie Kade’

ROAD TOWN, Tortola, VI- Despite kadia ‘Kadie Kade’ Turnbull having just about two weeks to prepare for her big debut at the New York City Fashion Week, her manager Dacia Daniels-Louie is positive that Ms Turnbull is ready to make an impact on the runway and maybe land an agent.

September 5th, 2013
Bloomberg TV grills Premier Smith on venturing into Asian market

ROAD TOWN, Tortola, VI - Premier and Minister of Finance Dr the Honourable D. Orlando Smith was faced with the notion that the Virgin Islands (VI) is seeking to open an office in Hong Kong, Asia because Governments there are not as strict with tax issues as other countries, a notion Premier Smith vehemently denied.

September 5th, 2013
Calls mount for details on small business initiative

ROAD TOWN, Tortola, VI – Calls are being made for an explanation of the inner workings of a recently announced initiative between the National Business Bureau and the National Bank of the Virgin Islands and how this will really benefit entrepreneurs in the Territory.

September 3rd, 2013
Iwer George took ill en route to VI, Committee refunded- VIF&FC

ROAD TOWN, Tortola, VI – About a month after hundreds of fans were left disappointed with the no-show of Neil Iwer George at the 2013 Virgin Islands Emancipation Festival, the VI Festival and Fairs Committee (VIF&FC) has finally given an account for George's absence and also disclosed that the artiste has since refunded the committee.

August 27th, 2013
Business Bureau loan initiative not done in isolation – Premier

ROAD TOWN, Tortola, VI – The National Business Bureau is not being done in isolation but is instead part of the work of the entire government, according to Premier of the Virgin Islands Dr The Hon. D. Orlando Smith.

August 25th, 2013
No new relief measures expected from gov’t for shoppers - Premier

ROAD TOWN, Tortola, VI – Premier Dr the Hon. D. Orlando Smith has stated that no relief measures are expected from government for local shoppers. While assuring residents that after taking all factors into consideration, there is very little difference in prices between goods purchased in St Thomas and those purchased locally.

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