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Finance and Business
Hon. Fahie calls for urgent legislation for 'unhelpful banks'
ROAD TOWN, Tortola, VI – First District Representative, Hon. Andrew A. Fahie believes the Territory has reached a point, where some of the banks are not as helpful to people of the Virgin Islands (VI) as they should be in these economic times and called for urgent legislation to address this.
HLSCC lecture provokes debate on Independence
PARAQUITA BAY, Tortola, VI - “Most people would have come to hear a lecture about the Virgin Islands and independence but the professor took a broader context and spoke about international law and colonialism, speaking a lot about the treaty of Westphalia that I guessed the colonialists used as a basis of colonising the rest of the world and professor Hilaire obviously does not support the institution of colonialism,” stated Natalio Wheatley aka Sowande Uhuru.
Premier flatly denies gov't involvement in contract splitting
ROAD TOWN, Tortola, VI – While facing some tough questions during the eighth sitting of the second session of the second House of Assembly (HOA) yesterday, April 25, 2013 Premier and Minister of Finance Dr The Hon. D. Orlando Smith flatly denied that the government was involved in any form of contract splitting in any of its capital projects.
Revamped fishing complex to store fish for up to one year
BAUGHERS BAY, Tortola, VI – Deputy Premier and Minister for Natural Resources and Labour Dr the Hon. Kedrick D. Pickering has touted the new improvements of the BVI Fishing Complex as a ‘Quality and Excellence’ experience.
Chancellor warns British tax havens to comply with international tax laws or lose Crown dependency status
By This Is Money
British Crown dependencies, such as the Cayman Islands and British Virgin Islands, are in line for a tax clampdown.
VI & Cayman To Enter Into FATCA Model 1 Agreements With United States
By Jonathan Culshaw, Ross Munro & Peter RN Tarn
(MONDAQ)- The US Foreign Account Tax Compliance Act, commonly referred to as FATCA, became effective earlier this year, and foreign financial institutions ("FFIs") in every jurisdiction, including in the British Virgin Islands ("BVI") and the Cayman Islands, will be required to make certain reports to the US Internal Revenue Services (the "US IRS").
Territory far off from sustainable agriculture – Deputy Premier
ROAD TOWN, Tortola, VI – The Territory is still a long way off from sustainable agriculture and this is even amidst a growing need for diversification of the local economy, according to Deputy Premier and Minister for Natural Resources Dr The Hon. Kedrick D. Pickering.
‘Outstanding bills’ cause for greenhouse delay – Dr Pickering
ROAD TOWN, Tortola, VI – Deputy Premier and Minister for Natural Resources and Labour Dr the Hon. Kedrick D. Pickering has revealed that ‘outstanding bills’ to designers have been responsible for the delay surrounding the greenhouse project located at Paraquita Bay.
Where is Gov. McCleary?
ROAD TOWN, Tortola, VI – Commentators are contending that a lack of reaction on the part of United Kingdom (UK) appointed Governor William Boyd McCleary and UK Prime Minister David Cameron to the offshore financial information ‘leak’ fiasco is costing the Virgin Islands (VI) money.
NAGICO extends arms to Virgin Gorda!
ROAD TOWN, Tortola, VI - "We are definitely one insurance company that is here to say and for as practicable as possible we'll be extending our arms to reach our customers," said General Manager of Century Insurance, general agents for NAGICO Insurance BVI, Shan Mohamed during an exclusive interview with Virgin Islands News Online.
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