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SAN DIEGO, Calif. – PriceSmart, Inc. announced Friday that for the month of October 2015, net warehouse club sales increased 12.9% to $233.4 million from $206.7 million in October a year earlier. For the two months ended October 31, 2015, net warehouse club sales increased 12.7% to $449.9 million from

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At VIFreepBritish Virgin Islands NewsBusiness NewsCaribbean NewsEnvironmental NewsPuerto Rico NewsSt. Croix NewsSt. John NewsSt. Thomas NewsTerritorial Affairs

BRIDGETOWN, Barbados – In order to strengthen their agricultural sectors and avoid or mitigate the negative impact of climate change, Caribbean countries should introduce and promote climate resilient food systems, said Juan Cheaz, senior program coordinator Agricultural Policy and Value Chains at the Technical Center for Agricultural and Rural Cooperation

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CHRISTIANSTED – Every beach in the territory was deemed unfit for swimming or fishing by the Department of Planning and Natural Resources (DPNR) on October 10. On Friday, DPNR said only one beach in the U.S. Virgin Islands is not safe for swimming and fishing: Gentle Winds beach on St.

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At VIFreepBreaking NewsBusiness NewsCaribbean NewsTourism News

    Antigua Prime Minister Gaston Browne ST. JOHN’S — For the starting price of just $200,000 you can buy citizenship in the Caribbean nation of Antigua and Barbuda. Antigua launched its “citizenship by investment program” in 2013, and it has proved so popular that it now accounts for about 25%

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At VIFreepBreaking NewsBusiness NewsCaribbean News

KINGSTOWN, St Vincent — Venezuelan President Nicolas Maduro on Monday pledged more resources for the eastern Caribbean under the Petrocaribe program during a one-day visit to the nearby island of St. Vincent. Maduro said he was seeking to find a regional hub that would serve as the center for the

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At VIFreepBreaking NewsBusiness NewsCaribbean News

WILLEMSTAD – Venezuela’s state-run oil firm Petróleos de Venezuela, S.A. will receive a 935,000-barrel cargo of Angola’s Girassol medium crude at its Bullen Bay terminal in Curaçao next week, after awarding a tender to Norway’s oil company Statoil, according to traders and information from Reuters. PDVSA in September changed the

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At VIFreepBreaking NewsBusiness NewsSt. Croix NewsSt. Thomas News

EULESS, Texas – For the first time in its 67-year history, U.S. Concrete has expanded outside of the continental United States with the purchase of two new vertically integrated construction material operations in the Virgin Islands. U.S. Concrete, Inc. announced Wednesday that it acquired Heavy Materials, LLC  and the assets of

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At VIFreepBreaking NewsBusiness NewsConsumer NewsIrregularitiesSt. Croix NewsSt. John NewsSt. Thomas NewsTerritorial Affairs

Attorney General Claude Walker CHARLOTTE AMALIE – The V.I. Attorney General said Tuesday that the territory has been given a $150,000 grant to investigate consumer fraud here. Attorney General Claude Walker said the grant is from the National Assocation of Attorneys General. “In response to the growing frustration and concern

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At VIFreepBreaking NewsBusiness NewsSt. Croix NewsSt. John NewsSt. Thomas NewsTerritorial Affairs

          BIR Director Marvin Pickering CHARLOTTE AMALIE – The hotel room tax will go up 2.5% next year, according to the Bureau of Internal Revenue. Hoteliers, time share developers and innkeepers will have to charge their guests a 12.5% tax effective January 1, 2016, the BIR said. The current rate is

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At VIFreepBreaking NewsBusiness NewsSt. Croix News

U.S. Bankruptcy Court Judge Mary Walrath CHRISTIANSTED – The terminal assets of the idled HOVENSA refining complex on the St. Croix will come up for auction in a U.S. Bankruptcy Court hearing on November 10, but a final sale is contingent on local government and legislative approval of an operating

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