It appears the government does not have power under law to take strong action against business operators who were involved in price gouging following widespread devastation caused by Hurricane Irma on September 6. Junior Minister of Trade Marlon Penn told […]
Category: Finance/Business
Importers urged to be patient amid issues at ports
Premier Dr D Orlando Smith has urged importers to be patient, adding that his administration is working to address issues being faced regarding the clearance of goods at the territory’s ports. “I am aware of issues clearing goods that business […]
Gov’t generators will not be donated willy-nilly
By Davion Smith, BVI News Online Journalist While noting that persons will have to apply and be assessed for their businesses to get generators being acquired by Government, Director of Trade Karia Christopher said donations will first be made to […]
Premier reveals ‘priority’ businesses to help
Premier and Minister of Finance Dr D Orlando Smith has named some ‘priority areas of industry’ that he said are being targeted as the Trade Department swings back into operation following widespread destruction of businesses and homes during category 5 […]
BVI banks to close at noon on Tuesday
Banks throughout the British Virgin Islands will close at mid-day tomorrow (September 5), said the BVI Bank Association. It further stated that the early closure is in light of the ‘anticipated arrival’ of Hurricane Irma. The British Virgin Islands, along […]
Financial services gets big vote of confidence
The British Virgin Islands (BVI) financial services industry has received a big vote of confidence from the territory’s brand new governor, Augustus Jaspert, who arrived from the United Kingdom this week. During a swearing-in ceremony at the High Court in […]
Conflict of interest costly to taxpayers – Dawson
Member of the Virgin Islands Party and former President of the H Lavity Stoutt Community College Dr Karl Dawson said he is still concerned about the issue of conflict of interest in the territory. According to him, the practice is […]
REPORT: Company incorporation finally increases
For the first time in five years, the British Virgin Islands (BVI) has recorded an increase in company incorporation for a second quarter – April to June. When compared to the second quarter last year, incorporation this year increased by […]
AUDIO: Sharman vows to ensure good governance
Newly appointed Auditor General Phil Sharman reported to work on Monday (August 14), vowing to serve the people and the House of Assembly, and to to ensure there is proper accountability and good governance in the British Virgin Islands (BVI). […]
Vendors upbeat despite making no profit
By Davion Smith, BVI News Online Journalist While making it clear that they are not waiting on handouts from Government, vendors at the festival village in Road Town said they have missed out on profits because of the rainfall that […]