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Finance and Business

October 6th, 2021
Skelton-Cline’s contract was reduced from $16K to $9K per month- CoI hears

WICKHAM'S CAY II, Tortola, VI- Permanent Secretary in the Premier’s Office Dr Carolyn O’Neal-Morton said because of the financial strain on the public’s purse, contracts, including the third contract between the Government of the Virgin Islands and Mr Claude O. Skelton-Cline for the post of Strategic Adviser, were reduced where possible.

October 5th, 2021
‘Best they loose the sheep & goats in Farmers' Market'- Hon Penn

BAUGHERS BAY, Tortola, VI- In his string of criticisms against the sitting government, the man who has said he is ready to be the next Premier of the Virgin Islands, Opposition Leader Honourable Marlon A. Penn (R8), has warned of “smoke and mirrors” come elections season.

October 5th, 2021
Natasha Ruscheinski named new Deloitte BVI Partner

ROAD TOWN, Tortola, VI – Deloitte BVI, an Audit, Tax, Financial Advisory, Enterprise Risk and Consulting firm has announced the promotion of Natasha Ruscheinski to Partner status.

October 5th, 2021
'Pandora Papers' show London is a key hub for tax avoidance

LONDON, United Kingdom- While the United Kingdom has been pressuring the [British] Virgin Islands and other Overseas Territories to have Public Registers of Beneficial Ownership to fight against what it termed 'dirty money', the Pandora Papers has revealed London is a key destination of choice for some of the world’s richest and most powerful people to conceal their cash and avoid tax.

October 4th, 2021
HLSCC to offer agricultural training to boost farming community

PARAQUITA BAY, Tortola, VI – HLSCC, through the directive of the Agricultural Advisory Committee, will soon offer quality education and training within the agriculture industry this Fall.

October 4th, 2021
Pandora Papers: VI among financial services jurisdictions breached

ROAD TOWN, Tortola, VI- In what has been described as one of the biggest leaks of financial documents, the Pandora Papers has exposed the secret wealth and dealings of world leaders, politicians and billionaires.

October 4th, 2021
Seatrade Conference yielded 'more than 70' cruise calls for VI– Premier Fahie

ROAD TOWN, Tortola, VI- Premier and Minister for Finance and Tourism, Honourable Andrew A. Fahie said he was not on a vacation when he and his delegation went to the 2021 Seatrade Cruise Global conference held in Miami, Florida, and he has over 70 more cruise calls to prove it.

October 3rd, 2021
Coy W. Levons appointed Director of Civil Aviation

ROAD TOWN, Tortola, VI- Virgin Islander Mr Coy W. Levons has been appointed Director of Civil Aviation in the Ministry of Transportation, Works, and Utilities, effective September 6, 2021.

October 3rd, 2021
$300M loan forgiveness is huge burden lifted off USVI- Gov Bryan

VI CONSORTIUM

FREDERIKSTED, St Croix, USVI- Governor Albert A. Bryan Jr on Friday, October 1, 2021, told the Consortium that the $300 million community disaster loan forgiveness that recently was approved by Congress relieves the territory of a huge burden while opening the door for opportunities in the bond market.

October 2nd, 2021
VI secures more cruise calls @ Seatrade Cruise Global 2021 - Premier Fahie

MIAMI, Florida, USA - The Virgin Islands delegation led by Premier and Minister of Finance, Hon Andrew A. Fahie (R1) at the 2021 Seatrade Cruise Global conference held in Miami Florida has secured more cruise calls to the territory as the administration seeks to further boost cruise tourism numbers halted by the COVID-19 pandemic.

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