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Finance and Business

April 26th, 2022
$10K cheque presented to Robinson O’Neal Memorial Primary by North Sound Foundation

NORTH SOUND, Virgin Gorda, VI- The Robinson O’Neal Memorial Primary School on Virgin Gorda has received yet another generous donation from the North Sound Foundation, which was founded by developer David V. Johnson and wife Pamela of Oil Nut Bay.

April 26th, 2022
‘De-risking’ by banks making it difficult for small man & foreign investors- Premier

ROAD TOWN, Tortola, VI- De-risking measures, which were originally intended to combat international organised crime such as money laundering and terrorism financing, have been making it increasingly difficult – and even impossible - for ordinary, honest persons – the small ordinary men and women and the small business - to get access to basic banking services such as opening a bank account or getting a credit card.

April 25th, 2022
UPDATE: Premier, VI delegation arrive for Cruise Global Conference in Miami

MIAMI, Florida, USA – The Virgin Islands delegation led by Premier Andrew A. Fahie (R1) has arrived in Miami Florida for the 2022 Seatrade Cruise Global Conference this week, April 25 to April 28, 2022.

April 24th, 2022
Progress continues on construction of modern market square in RT

ROAD TOWN, Tortola, VI- Construction of the modern market square in the heart of the capital city Road Town is progressing “extremely well” and when completed will be a “beauty to behold”.

April 24th, 2022
Over $15M was paid to businesses, farmers, fishers, schools, churches etc- Premier

ROAD TOWN, Tortola, VI- Out of the $40 million special grant provided by the BVI Social Security Board (BVISSB) to address specified initiatives including the following COVID-19 related economic stimulus measures, a total of $15,241,839 was expended in the COVID-19 Economic Stimuli for Micro Small and Medium Enterprise (MSME) Businesses, Farmers and Fishermen, Day Cares, Pre-schools, Private Schools, Churches and Religious Organisations.

April 23rd, 2022
BVIAA employees to receive reimbursement for COVID pay cut

BEEF ISLAND, VI – Employees of the BVI Airport Authority (BVIAA) will be reimbursed for monies cut from their salaries during the early months of the COVID-19 pandemic according to Premier Andrew A. Fahie.

April 23rd, 2022
Agriculture, fisheries & inflation

Dickson C. Igwe

Food-sufficient countries frequently possess a vibrant internal market culture. This is a way of life driven by farming and associated commercial activity. Food and drink are critical for human existence and form a major part of household budgets, for the mass of the population. Then rising food prices are a major contributor to inflationary pressures. People cannot choose not to eat.

April 21st, 2022
Food Security & Sustainability Act passed in HoA

DUFF’S BOTTOM, Tortola, VI- A bill that will help “revolutionise food production” in the Territory has been passed in the House of Assembly (HoA) of the Virgin Islands.

April 20th, 2022
Gun Creek port will also cater to VI’s billionaire visitors– Hon Flax-Charles

GUN CREEK, Virgin Gorda, VI- Junior Minister for Trade and Economic Development, Hon Shereen D. Flax-Charles (AL) says the revamped Captain Owen G. Harrigan Visitor Centre in Gun Creek, Virgin Gorda will also cater to billionaire visitors who use the territory as their "playground".

April 18th, 2022
‘I stand by words’ that more done now for 3rd District under VIP Gov’t- Hon Fraser

SEA COWS BAY, Tortola, VI- They say honesty may not be the best policy when it comes to politics; however, Opposition Member and Third District Representative Hon Julian Fraser RA could not deny that his District has been receiving more attention under the present Virgin Islands Party (VIP) Government than it received under the previous 8-year reign of the National Democratic Party (NDP) administration.

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