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Finance and Business

March 29th, 2022
VI had 'positive bilateral talks' with UK’s Amanda A. Milling– Premier Fahie

ROAD TOWN, Tortola, VI– Premier and Minister of Finance Hon Andrew A. Fahie (R1) has reported that the Virgin Islands (VI) has had positive bilateral talks with UK Minister for the Overseas Territories, The Right Honourable Amanda A. Milling, who recently visited the territory on invitation following the Overseas Territories Joint Ministerial Council in London.

March 28th, 2022
Businessman & former softball player Khoy Frett aka ‘Mailman’ passes

ROAD TOWN, Tortola, VI- Proprietor of Khoy’s Mailing Service and former stellar softball player Mr Khoy Frett aka ‘Mailman’ has passed, according to information reaching Virgin Islands News Online.

March 28th, 2022
VI Gov’t will consider recommendations in CoI report- Premier Fahie

ROAD TOWN, Tortola, VI- With the April 2022 deadline for the Final Report of the Commission of Inquiry (CoI) in the Virgin Islands (VI) fast approaching, the Government of the Virgin Islands has reiterated that it has no disagreement with a transparent and independent inquiry that will yield a just outcome.

March 28th, 2022
EU Blacklist is about racism & discrimination towards competition- Caribbean Economist

HAMILTON, Bermuda – Caribbean Economist Marla Dukharan in her analysis of economic measures from Europe on small Caribbean states says that those measures are used as a disguise to stymie competition in the region using racism and discrimination.

March 28th, 2022
Hike in minimum wage ‘intentionally’ put off due to state of VI’s economy– Labour Minister

ROAD TOWN, Tortola, VI- Minister for Natural Resources, Labour and Immigration Hon. Vincent O. Wheatley (R9) has revealed that the overdue increase in the Virgin Islands’ minimum wage has been intentionally put on hold due to the current state of the territory’s economy.

March 27th, 2022
Premier: Ensuring compliance in marine sector is ‘damned if you do, damned if you don’t’

ROAD TOWN, Tortola, VI- Premier and Minister of Finance Hon Andrew A. Fahie (R1) said ensuring that the marine sector is in compliance with the safety laws of the country is critical.

March 27th, 2022
Michael J. Fay QC appointed Chairman of VI Trade Commission Board

ROAD TOWN, Tortola, VI- With the already launched Virgin Islands Trade Commission a key component for the effectiveness of the Consumer Protection Act, the Virgin Islands public would be thrilled to learn that appointments have now been made to the Board of Commissioners via an independent process.

March 27th, 2022
Airlines express interest in direct flights to VI from US

ROAD TOWN, Tortola, VI- Several airlines have expressed interests in conducting direct flights to the [British] Virgin Islands (VI) from the US mainland, and there is a possibility such a service could become a reality later this year.

March 27th, 2022
USVI business owners who don't pay taxes will be jailed- Gov Albert A. Bryan Jr

VI CONSORTIUM

FREDERIKSTED, St Croix, USVI- Governor of the US Virgin Islands (USVI) Albert A. Bryan Jr has said business owners who fail to pay their taxes will be sent to jail.

March 25th, 2022
Hundreds of backlogged Work Permits already processed by task force – Hon Vincent O. Wheatley

ROAD TOWN, Tortola, VI- Minister for Natural Resources, Labour and Immigration Hon Vincent O. Wheatley (R9) has announced that the major work permit backlog that hampered businesses and work permit holders over the past months is being effectively addressed.

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