"The light that comes from wisdom never goes out"
Last month, Cabinet decided to waive the competitive tender process for the purchase of a control panel box for the Pockwood Pond incinerator, which hasn’t been operational since a fire …
Continue reading “Cabinet waives tender process for incinerator part”
In multiple public statements and interviews in recent weeks, top LIAT officials provided contrasting outlooks on the future of the beleaguered airline, which is reportedly facing potential financial collapse. Earlier …
Premier Andrew Fahie announced last week that government has launched a partnership with LIFElabs.io, a cryptocurrency management company, which he claimed would help provide a “rapid cash response” in the …
Continue reading “Government partners with cryptocurrency firm”
The Recovery and Development Agency collaborated with the Department of Waste Management to remove about 180 derelict vehicles from Virgin Gorda last week, according to Government Information Services. The step …
Continue reading “180 derelict Virgin Gorda cars removed last week”
LIAT officials did not respond to repeated requests for comment over the past week about how the airline’s recent financial struggles might impact service to and from the Virgin Islands. …
Continue reading “LIAT officials mum on impact of financial struggles”
Meteorologists at AccuWeather forecasted a near-to-slightly-above-normal hurricane season in 2019, predicting the year will see 12-14 tropical storm formations. Of those storms, they predicted five to seven will become hurricanes …
The territory’s Multi Hazard Early Warning System is getting rehabilitated and upgraded, according to Government Information Services. Government initially spent about $500,000 in late 2017 to reestablish critical parts of …
Continue reading “VI Early Warning System to get $1.4m upgrade”
In December, the Virgin Islands implemented a new Base Erosion and Profit Shifting (BEPS) measure, according to Government Information Services. The Organisation for Economic Co-operation and Development created a BEPS …
Before dissolving the House of Assembly last month, lawmakers introduced the Liquor Licences Act, 2018, which if passed would grant liquor vendors longer licensing periods but also institute higher rates. …
Continue reading “New liquor licence rules take step towards becoming law”
The Caribbean Development Bank projected two percent overall economic growth across its 19 regional borrowing member countries this year, as well as 2.2 percent growth specifically in the Virgin Islands, …
After years of first denying problems and then deflecting the blame for them, Premier Dr. Orlando Smith acknowledged last week that government’s $7.2 million injection into BVI Airways was a …
Continue reading “BVI Airways ‘failed to deliver a return,’ Premier says”
As the Virgin Islands awaits a decision from European Union officials regarding the territory’s potential inclusion on an international anti-tax-avoidance blacklist, one country on that continent has already decided to …
Continue reading “Dutch blacklist was a surprise, Premier says”
Employees at certain businesses in the territory will now have an opportunity to be certified as official “risk prevention officers” thanks to recent training offered by government’s new Occupational Health …
Continue reading “Government pushes workplace health and safety”
The Virgin Islands’ new “economic substance” law took effect on New Year’s Day, but financial services stakeholders remain uncertain about its specific requirements and what impact those rules will have …
Continue reading “Questions surround ‘economic substance’ legislation”
Repairing sister islands’ administration buildings, upgrading school facilities, and removing derelict boats are among the projects the Recovery and Development Agency is preparing to tackle after working with the Premier’s …
Continue reading “RDA cranks up with projects and regulations”
The United States Department of Justice has charged four people with crimes allegedly brought to light by the International Consortium of Investigative Journalism’s Panama Papers expose, according to a DOJ …
Continue reading “US DOJ charges four in ‘Panama Papers’ case”
The Virgin Islands ranked as the second-most-important financial jurisdiction in the world in a recent study published by Vistra, a corporate services provider. The research — titled the “Vistra 2020 …
Continue reading “Vistra study: VI second-most important global financial jurisdiction”
After shutting down following the passage of Hurricane Irma, Necker Island officially reopened in October and has been welcoming groups of up to 30 guests, according to a Virgin Limited …
Continue reading “Necker Island back up and running; no timeline yet for Mosquito”
Last month Cabinet approved a $400,000 settlement offer from Nagico Insurances for the damages Hurricane Irma caused to the BVI Fishing Complex, which hasn’t been operational since the storm. Government’s …
Continue reading “$400k insurance settlement for Fishing Complex approved”
Snorkelling enthusiasts in the Virgin Islands who don’t have their scuba diving certificates now have an alternative way to explore deeper underwater environments: BVI Snuba. Snuba — first conceived by …
Continue reading “Exploring the depths without a dive certificate”
In April 2017, legislators passed the Environmental Protection and Tourism Improvement Fund Act, establishing a $10 levy for non-cruise-ship visitors entering the Virgin Islands. The law — which took effect …
Continue reading “Eco-levy cash caught in government debate”
Government officials have devised what they believe is a solution to the looming European Union blacklist threat, according to Neil Smith, the executive director of government’s Office of International Business …
Continue reading “Government, European Union in talks over looming blacklist”
Cabinet gave the go-ahead at the end of October for government to negotiate a development agreement for Norman Island with Dr. Henry Jarecki, the island’s owner, according to a report …
A series of snafus with interCaribbean Airways has reportedly caused delays, missing luggage and serious inconveniences for airline passengers in recent weeks. Over the weekend, scores of people commented on …
Continue reading “InterCaribbean errors cause delays across region”
On Oct. 25, Cabinet waived the tender process for project management services for the restoration of the L-shaped building on the Elmore Stoutt High School campus, awarding the contract to …
Continue reading “Tender waived for management of Elmore Stoutt building rebuild”
