"The light that comes from wisdom never goes out"
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”
Seeing the United States, including the neighbouring US Virgin Islands, experience a labour shortage as pandemic restrictions ease, businesses owners who spoke during a BVI Chamber of Commerce and Hotel …
In the 10 months after the One Year Barbados visa for remote work launched, it processed some 2,500 applications, earned $6 million for government coffers, and raked in at least …
Continue reading “‘Digital nomads’ bring millions to region through remote work”
The documents that Speaker of the House Julian Willock provided to reporters on June 30 did not vindicate him from breaching the Register of Interests Act as he claimed, Commissioner …
Continue reading “Commissioner: Willock documents are no defence”
Former Minister of Communications and Works Mark Vanterpool last week denied that he “commandeered” the cruise pier project from the BVI Ports Authority or demonstrated “impropriety” in hiring his political …
Although the Virgin Islands has in place measures to help ensure good governance, Governor John Rankin said they depend on officials having “full respect” for them — and during his …
In a 33-page position statement to the Commission of Inquiry, Premier Andrew Fahie and his six ministers called for a “true partnership” between the Virgin Islands and the United Kingdom, …
Continue reading “Ministers claim to ‘distrust’ United Kingdom”
Former Premier Dr. Orlando Smith told the Commission of Inquiry on Tuesday that he didn’t instruct his financial secretary to “show me the evidence” that the BVI Airways deal was …
Early in his Friday hearing before the Commission of Inquiry, Speaker of the House Julian Willock categorically denied breaching the Register of Interests Act, 2006, which requires House of Assembly …
Continue reading “Speaker denies law breach, then changes tune”
After Premier Andrew Fahie abruptly postponed to next year most of the controversial port fee hikes that put the business community in an uproar earlier this year, the BVI Ports …
A lawyer representing seven House of Assembly members in the Commission of Inquiry lobbed several written complaints last week about the commission and its conduct, tackling topics ranging from the …
Speaker of the House Julian Willock missed a scheduled appearance before the Commission of Inquiry on Monday, causing Commissioner Sir Gary Hickinbottom to declare him “in willful default” of a …
A Virgin Islands court has unfrozen shares in two hotels belonging to Pakistan’s national airline in the latest development in Reko Diq, one of the highest-dollar cases ever mediated through …
Continue reading “VI court reverses asset freeze in $6b case”
Talk show host and former BVI Tourist Board events coordinator Cindy Rosan-Jones is the target of a defamation lawsuit from Vance Lewis, CEO of Cyril B. Romney Tortola Pier Park, …
Finance ministers from Group of Seven countries met in London on Saturday and agreed to back United States President Joe Biden’s proposal for a minimum global corporate tax rate of …
One Mart has seen a busy year despite an overall struggling economy in the territory and further abroad. Following a recent reverse merger that took the business public in the …
Finance ministers from Group of Seven nations will meet tomorrow in London, where they are expected to back United States President Joe Biden’s proposal for a minimum global corporate tax …
Peter Haycraft, who migrated to the Virgin Islands as a young sailor and founded a small wholesale company that would become the territory’s largest supermarket chain, died in the early …
With just 22,362 new companies formed, 2020 hit a 21-year low for new incorporations, despite a fourth quarter that performed slightly better than the year before, according to numbers recently …
Continue reading “New incorporations hit 21-year low in 2020”
Last week Premier Andrew Fahie took responsibility for the implementation and quick reversal of a wharfage fee hike on petroleum products that would have raised electricity bills in the territory. …
With only a modest dip in revenue so far this year compared to early 2020, the financial services industry has continued to buoy the territory’s economy while other sectors have …
Continue reading “Premier: Financial services helping VI through Covid”
The BVI Ports Authority has enhanced its patrolling capabilities with the acquisition of a new speedboat, Premier Andrew Fahie announced in a House of Assembly sitting last Thursday, during which …
