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Finance and Business

May 11th, 2013
JVD residents lash out at LIME for downed phone services

GREAT HARBOUR, Jost Van Dyke, VI - Residents of the sister island of Jost Van Dyke have reported to Virgin Islands News Online’s News Room that their internet and land line services have been out of order since last night May 10, 2013 following heavy rains.

May 10th, 2013
BVICCHA responds to Platinum News article on Chairman’s statements

ROAD TOWN, Tortola, VI – The BVI Chamber of Commerce and Hotel Association (BVICCHA) has issued a statement that distances itself from remarks made by attorney at law and Chairman of the BVICCHA, Jamal S. Smith recently in relation to the cruise pier project.

May 8th, 2013
'Doug' Wheatley calls for prudent spending by gov’t

ROAD TOWN, Tortola, VI – Talk show host and social commentator Douglas Wheatley has called for better management of taxpayers’ money by the government.

May 6th, 2013
JVD resident calls for strict regulation on holding tanks, fuel disposal

GREAT HARBOUR, Jost Van Dyke, VI – With the booming tourism sector that continues to sustain the Virgin Islands’ economy, one resident has expressed concern that this may have come at a significant price to the Territory’s environment in certain areas.

May 3rd, 2013
Hedge Fund Firm Wants to Block Cayman Transparency Reforms

(HISPANIC BUSINESS)- One of the largest hedge fund services firms in the Cayman Islands is attempting to block reforms that would make the world's principal offshore location for hedge funds more transparent.

May 3rd, 2013
Govt needs to understand need for human capital - Delma Maduro

ROAD TOWN, Tortola, VI - Over the last year Road Town Wholesale Trading Ltd. (RTW) has worked with the Employment Services Unit to find eager and ambitious Virgin Islanders to join the RTW family and underscores the importance of furnishing the Labour Department with job vacancies on a regular basis as it also leaves the door open to continuous dialogue about prospective employer needs.

May 2nd, 2013
The BVI Data Leak (A Different Perspective)

By Kevin E. Malone

The recent leak of private information detailing individuals who have chosen to do business with companies based in the BVI is troubling at best. Troubling for the fact that it is both illegal and represents a violation of business ethics in the strongest possible terms. It is also, however, a lesson in economic policy that the BVI should pay attention to.

May 2nd, 2013
George Osborne claims progress in tax haven plan

By UK Guardian

George Osborne claims to have won a significant victory in his campaign to open up secretive British tax havens by revealing that all British overseas territories with significant financial centres have signed up to the government's strategy on global tax transparency.

May 2nd, 2013
IRS eyes U.S. accounts at Caribbean bank

(Reuters) - The Justice Department said on Tuesday that a federal court had authorized the Internal Revenue Service to seek information on U.S. taxpayers who may have accounts at Canadian Imperial Bank of Commerce FirstCaribbean International Bank (FCIB).

May 2nd, 2013
Deal over tax havens disclosure

By Birmingham Post

A deal that commits a fresh wave of so-called tax havens into disclosing the bank details of British taxpayers is due to be signed.

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