"The light that comes from wisdom never goes out"
After the release of global news coverage about some 12 million documents revealing the offshore assets of about 300 politicians and 35 current and former heads of state facilitated through …
Continue reading “ICIJ: Pandora fallout could continue for years”
Tourism numbers for the first half of 2021 are in, and although 26,601 visitors from January to July is a relatively dismal showing, the BVI Tourist Board is optimistic that …
Continue reading “Despite dismal numbers, Tourist Board hopeful”
A judge has dismissed Speaker of the House Julian Willock’s claim that government should pay legal costs exceeding $121,000 related to his withdrawn request for an injunction against three Commission …
Former Communications and Works Minister Mark Vanterpool denied this week that he unlawfully “directed and controlled” the troubled cruise pier project, which eventually saw cost overruns totalling more than $30 …
Continue reading “Vanterpool denies skirting law on pier project”
More than two thirds of the companies named in a massive new offshore data leak analysed by the International Consortium of Investigative Journalists were incorporated through the Virgin Islands, the …
Continue reading “‘Pandora Papers’ data leak involves mostly VI firms”
Before the $7.2 million BVI Airways project collapsed, former Premier Dr. Orlando Smith had no reason to think that the lawyer who brokered the deal wasn’t acting in the best …
Continue reading “COI lobs ‘potential criticisms’ over BVI Airways”
The Commission of Inquiry has suggested that House of Assembly Deputy Speaker Neville Smith breached section 67 of the Virgin Islands Constitution by failing either to vacate his seat or …
Speaker of the House Julian Willock has denied personal responsibility for paying legal costs related to his withdrawn request for an injunction against three Commission of Inquiry attorneys. Instead, his …
Continue reading “Willock: Lawyer costs ‘not my responsibility’”
This year, the Caribbean struggled with economic turmoil due to the ongoing pandemic, a major volcanic eruption in St. Vincent, and an earthquake in Haiti. But amid the upheaval, the …
In a move that could impact the use of Virgin Islands structures, China’s government recently issued new guidelines aimed at increasing the supervision of some of the largest Chinese companies …
At a time when the Virgin Islands government is under fire for abruptly dissolving its own Climate Change Trust Fund board and failing to replace it, a Caribbean tourism pioneer …
Continue reading “Apolitical boards called key to sustainable tourism”
A new report from the European Union Tax Observatory suggests that European banks are reaping about 14 percent of their total profits — about 20 billion euros a year — …
Continue reading “Report: EU banks reap billions from VI, others”
Speaker of the House Julian Willock and Deputy Speaker Neville Smith have withdrawn their request for an injunction to prevent three Commission of Inquiry lawyers from working in the territory …
When Hurricane Irma came for the Bitter End Yacht Club, it destroyed nearly 100 buildings across 664 acres. But that didn’t mean that all of the resort was lost, said …
Continue reading “Businesses still at forefront of building back”
Autland Heavy Equipment, a Virgin Islands firm, has been awarded its seventh contract from the Recovery and Development Agency by beating out eight other local bidders to win a $1,799,499.68 …
Government is working with the Recovery and Development Agency and two United States-based nonprofits to finalise designs for a rebuilt Elmore Stoutt High School, according to Deputy Premier Dr. Natalio …
On Monday in the House of Assembly, opposition member Julian Fraser took aim at the recent Ministry of Natural Resources, Labour and Immigration policy of requiring holders of work permits …
Robert Mathavious, a pioneering leader in the Virgin Islands financial services industry who retired at the end of last year, will get a weeklong tribute in November during a conference …
In an emergency virtual meeting on July 29, the House of Assembly voted to retroactively exempt Deputy Speaker Neville Smith from vacating his seat after his company Caribbean Security Limited …
If a company that began in the Virgin Islands is successful, the Caribbean may soon have pizza, paper towels or a ride to the store at its fingertips through a …
Continue reading “OneMart affiliate to launch app in Jamaica”
Now that the Group of 20 finance ministers has agreed to United States President Joe Biden’s proposal for a global corporate minimum tax rate of at least 15 percent, some …
Wendell Gaskin, a former deputy financial secretary who represented the Finance Ministry on the BVI Ports Authority Board during the time of the troubled cruise pier project said that until …
Continue reading “Ex-auditor grilled about claims he thwarted auditor”
A new electronic work permit system has arrived just as the Covid-19 pandemic has led to more and more business being conducted remotely. Premier Andrew Fahie, during a virtual rollout …
The crash in tourism due to pandemic-related restrictions could cause a loss of more than $4 trillion to the global gross domestic product in 2020 and 2021, according to a …
Acting Financial Secretary Jeremiah Frett and his predecessor Glenroy Forbes were questioned on Tuesday by the Commission of Inquiry about a topic they know well: money and how it was …
Continue reading “Financial secretaries help track the money”
