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Finance and Business

March 29th, 2023
Harneys announces additional firm promotions for 2023

ROAD TOWN, Tortola, VI- Harneys has announced the promotion of 65 of its people globally. The promotions include seven directors, eleven senior associates, two associate directors, and two associates. These promotions are in addition to the four new partners and six new counsel following the firm’s annual senior legal promotions in January 2023.

March 29th, 2023
BVI Resilience Fund will allow wealthy donors to get tax write-offs- Premier

BAUGHERS BAY, Tortola, VI- Government is set to make an official announcement regarding the re-introduction of the BVI Resilience Fund, which will allow wealthy persons to make valuable economic contributions to the development of the [British] Virgin Islands (VI) and qualify for tax write-offs.

March 25th, 2023
Huntum’s Ghut Economic Zone gets Q2 2024 projected completion date

HUNTUM'S GHUT, Tortola, VI - The Huntum’s Ghut Economic Zone (HGEZ) project is slated to be completed during the second quarter of 2024 according to information coming out of the Ministry of Communication, Works, and Utilities.

March 24th, 2023
Major overhaul of parking system @ TB Lettsome Airport coming- BVIAA MD

TRELLIS BAY, Beef Island, VI- A major overhaul of the parking and traffic system at Terrance B. Lettsome International Airport is on the cards, Managing Director of the BVI Airports Authority (BVIAA) Mr Kurt A.G. Menal has informed.

March 24th, 2023
'I’m just here to help because the country needs help’– L. Allen Wheatley

EAST END, Tortola, VI- Former Financial Secretary in the Virgin Islands Mr L. Allen Wheatley during the launch of his campaign in the Eight Electoral District said his main objective is to help the territory at the time it needs it most.

March 23rd, 2023
2 PVIM At Large candidates pledge to revisit legislators retirement Act

BAUGHERS BAY, Tortola, VI- Candidates for the 2023 General Elections have been milking the legislators’ retirement Act controversy to gain political traction, with some promising to have the legislation repealed, while some have said they would push for parts of it to be revised.

March 22nd, 2023
Gov’t reportedly sued over non-functioning Labour Arbitration Tribunal

ROAD TOWN, Tortola, VI – The Government of the Virgin Islands has reportedly been sued over the non-functioning Labour Arbitration Tribunal, which has been without a Chairperson since July 2022.

March 21st, 2023
Pumps procured to ease water woes faced by Paraquita Bay farmers- Premier

PARAQUITA BAY, Tortola, VI- Government has moved a step closer to resolving the persistent water challenges faced by farmers at Paraquita Bay, as water pumps to be assigned to the wells in the community have now been procured.

March 20th, 2023
Global Money Week 2023

PASEA ESTATE, Tortola, VI- Money Matters BVI (MMBVI), the financial literacy education programme at the BVI Financial Services Commission (“the Commission”), will again take the lead in the [British] Virgin Islands’ celebration of Global Money Week 2023.

March 20th, 2023
‘Let’s face it, we need agencies like’ the RDA- Premier Wheatley

PARAQUITA BAY, Tortola, VI- It was in October 2022, that the lifespan of the Virgin Islands Development Agency (RDA) was extended to December 31, 2025, by the Cabinet of the Virgin Islands, which also instructed that the RDA must develop and execute a plan to transfer its knowledge and skills to the Department of Public Works, and any other relevant agency in collaboration with the Premier's Office.

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