Business News – Page 199 – Virgin Islands Free Press

Distressed Caribbean Countries Face A Dilemma: They’re Too Rich

BRIDGETOWN — For Caribbean nations such as Suriname, Belize and Barbados, the pandemic hasn’t just shut down local economies. It’s also led some investors to worry about how they’ll repay…

VI Free Press May 9, 2020

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U.S. Labor Department Awards USVI $1.5 Million Dislocated Worker Grant

CHRISTIANSTED — Governor Albert Bryan, Jr. announced today that the U.S. Department of Labor has awarded the Virgin Islands Department of Labor a $1.5 million National Dislocated Worker Grant to…

VI Free Press May 8, 2020

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Caribbean Tourism Has Been Decimated By COVID-19, But The Private Sector Can Cushion The Blow

NASSAU — We are all in the same COVID-19 storm, but not all countries are in the same boat. Here in the Bahamas, 70 percent of our GDP is generated…

VI Free Press May 7, 2020

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LETTERS TO THE EDITOR: When Choosing A Face Mask You Should Know That 1 Size Does Not Fit All

I hope this will help you when purchasing facial masks to comply with the recent order in our community. You will face so many options to choose from and you…

Amy Rose Herrick May 4, 2020

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LAW WEEK: AG Says Laws Exist To Protect All, Especially During COVID-19

CHARLOTTE AMALIE — Attorney General Denise George is proud to recognize Law Day, Law Week, and Lawyers Well-being Week all during May. Law Day (May 1) and Law Week (May…

VI Free Press May 4, 2020

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VITRAN Buses Will Keep Running On Island Streets Without Passengers Until May 8

CHARLOTTE AMALIE — The Department of Public Works is advising the public that they will continue to see buses on roadways in the coming week, as the bus operator training has…

VI Free Press April 30, 2020

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Herb Schoenbohm, Stalwart Of The Republican Party And Communications Expert Is Dead At 84.

CHRISTIANSTED — One of the territory's leading Republican activists is dead. Herb Schoenbohm, who chaired the Republican Party of the U.S.Virgin Islands from 2000 until 2012, died Wednesday at the…

VI Free Press April 30, 2020

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Coronavirus Could Push Caribbean Into Deepest Recession Since 1930s

MIAMI — Even before the coronavirus swept through Latin America and the Caribbean, the region was ailing. With sluggish commodity prices and massive debt, economic growth was anemic — averaging…

VI Free Press April 28, 2020

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Work On VING Readiness Center Continues Despite Ongoing Coronavirus Crisis

CHARLOTTE AMALIE — Despite the ongoing coronavirus crisis, the reconstruction of the Leonard B. Francis Readiness Center in St. Thomas is on schedule to meet its November 2020 deadline. After…

VI Free Press April 25, 2020

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Empty Resorts Spell Long Crisis For Caribbean As Coronavirus Hits Home

VARADERO, Cuba — No one is swimming in the turquoise Caribbean waters of Cuba’s Varadero beach resort, nor lounging on its white, palm-fringed beaches. Its hundreds of hotels, shops and…

VI Free Press April 21, 2020