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Finance and Business
ESHS building project ‘approximately 70% complete’- Hon de Castro
DUFF’S BOTTOM, Tortola, VI- The Elmore Stoutt High School (ESHS) building project, which has been progressing rapidly since it began on April 4, 2022, is about 70% complete.
Local remittance tax now 3.5%, customs duty reductions extended– Dr Wheatley
ROAD TOWN, Tortola, VI – Virgin Islands Premier and Minister of Finance Dr. the Honourable Natalio D. Wheatley has announced the extension in the reduction of customs duties in the Virgin Islands.
More than $400M in Russian assets frozen in VI- Premier Wheatley
DUFF’S BOTTOM, Tortola, VI- As part of sanctions following Russia’s invasion of Ukraine in February 2022, more than $400M in Russian assets have been frozen in the Virgin Islands (VI) and millions of dollars in assets have been frozen elsewhere due to information provided to other financial services jurisdictions by the VI.
Beneficiaries of HoA Grants being transitioned to Public Assistance Programme
ROAD TOWN, Tortola, VI- The Social Development Department’s registration process for persons transitioning from the House of Assembly Grants to the Public Assistance Programme began on Monday, July 18, 2022.
Interpath expanding into VI with acquisition of Kalo
ROAD TOWN, Tortola, VI - Interpath Advisory, the independent financial advisory business, today, July 20, 2022, announced the acquisition of Kalo, the restructuring, insolvency, and advisory firm with operations in the [British] Virgin Islands (VI), the Cayman Islands and Anguilla.
Moving the hands forward to take us backward
Alred C. Frett
Not all Elections bring Best Selections:
The January 6 investigating Committee has done a great job explaining the obvious, but sometimes Persons have anchored themselves so deep in doubt that they don’t want to believe what they see, hear or even feel – Some still claim that the US Election was stolen… Maybe we are no different – Things I’ve been telling you for decades, appear to trickle in one ear and pour back out through two.
Festival booth employers told to obtain work permit for expat workers
ROAD TOWN, Tortola, VI- All employers operating on the Festival Grounds during the upcoming Virgin Islands (VI) Emancipation Festival are reminded that they are to apply for and obtain a work permit for any “non-Belonger/non-BVIslander” they may wish to employ.
Register of Interests Act withdrawn after strong objections from civil servants
BAUGHERS BAY, Tortola, VI - Following strong objections from civil servants and even Members of the House of Assembly (HoA), the Government of National Unity has withdrawn the Register of Interests Act, 2022, after consultations with the local civil service.
'The next pillar is our people'- Premier Wheatley
ROAD TOWN, Tortola, VI- Builders operating in the Virgin Islands over the past weekend heard from Premier and Minister of Finance Dr the Honourable Natalio D. Wheatley (R7) that after Financial Services and Tourism, the people of the Virgin Islands make up the territory’s next pillar.
James Todman Construction opens ‘New View Inn’ @ Huntums Ghut
HUNTUMS GHUT, Tortola, VI- A new building has popped up in the Huntums Ghut area, noticeably adding to the skyline. The 'New View Inn' is the work and property of James Todman Construction Limited.
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