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article under the tag
revenue

September 14, 2022

Under fire, finance industry pushes back

The Virgin Islands financial services industry generated $196 million in revenue for the territory last year, up from $189.75 million the previous year, and kept the economy largely afloat during …

Continue reading “Under fire, finance industry pushes back”

by CLAIRE SHEFCHIK
September 2, 2022

House of Assembly approves $12.6 million in spending variations

After spending nearly seven hours in closed-door committee on Tuesday, the House of Assembly unanimously passed a motion approving a schedule of additional provisions, freeing up almost $12.6 million in …

Continue reading “House of Assembly approves $12.6 million in spending variations”

by ZARRIN TASNIM AHMED
June 3, 2022

House of Assembly green-lights 2021 supplementary spending

Unanticipated expenses including security, arbitration, infrastructure, and public servant increments required legislators to approve supplementary spending for 2021 and 2022, Premier Dr. Natalio “Sowande” Wheatley said on May 26 in …

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by Dana Kampa
March 21, 2022

One Mart continues expansion

One Mart owner Mark Vanterpool thinks Virgin Islands residents should have more local places to shop. And by that, he means they shouldn’t have to go more than a few …

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by CLAIRE SHEFCHIK
November 19, 2020

Budget address pushes airport, pier expansion

The World Bank has forecasted the “deepest global recession in eight decades” because of the Covid-19 pandemic, and the Virgin Islands is not exempt. Estimates show a $22 million dip …

Continue reading “Budget address pushes airport, pier expansion”

by Dana Kampa

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