Category: Business News

DPW Gets $375,000 From FTA’s ‘Areas of Persistent Poverty’ Grant Program

CHARLOTTE AMALIE — The Department of Public Works (DPW) plans on expanding Virgin Islands transit routes and extending hours of service after receiving a $375,000 grant from the Federal Transit Administration’s 2022 Areas of Persistent Poverty (AoPP) grant program. FTA’s Areas of Persistent Poverty (AoPP) Program supports projects that address the transportation challenges faced by […]

Mango Media Named Official Media Sponsor of 2022 USVI Charter Yacht Show

CHARLOTTE AMALIE — Mango Media Creative Studio, a full-service, fully integrated print and digital marketing company, which is based centrally in the Shops at Yacht Haven Grande, St. Thomas, has been named the official media company of the 2022 USVI Charter Yacht Show by the event organizer, the Virgin Islands Professional Charter Association (VIPCA).  The company, […]

Trinidad Boosts LNG Exports to Europe, Rushes More Gas Output

PORT OF SPAIN — Trinidad and Tobago’s sales of liquefied natural gas (LNG) to Europe have doubled so far this year to 40 percent of the total, Energy Minister Stuart Young said today, as demand continues growing amid a reduction of Russian gas supplies. Trinidad’s LNG exports declined to 7.9 million tonnes last year after […]

VIHA and MDG Design + Construction Close on $116.7M Restoration of Walter I.M. Hodge Pavilion

KINGSHILL — The Virgin Islands Housing Authority (VIHA) and MDG Design+ Construction (MDG) celebrated the start of the $116.7 million rehabilitation of Walter I.M. Hodge Pavilion on Monday. The 248-unit affordable housing development was badly damaged by Hurricane Maria in 2017. The project will preserve affordability for residents, modernize the development, and strengthen the site’s resilience to natural […]

USVI Gets $50M for the Restoration of the Charlotte Kimelman Cancer Institute

CHARLOTTE AMALIE — The Office of Disaster Recovery announces that after extensive negotiations, FEMA has awarded the Territory $50 million to reconstruct the Charlotte Kimelman Cancer Institute, signaling a clear path forward to reestablishing cancer treatment in the territory. In June 2021, FEMA approved the full replacement of the facility. Almost one year later, this obligation […]

Celebrate Your Independence With Social Security

Every July, we celebrate the Day of the Independence of the United States. For nearly 90 years, our programs have helped provide financial independence to millions of hardworking people. Social Security offers useful online tools like the Social Security Statement (Statement) and the benefits estimator tool that help people not yet receiving benefits. The Statement […]

USVI Rental Car Options To Expand With The Addition of Enterprise-Rent-A-Car

ST. LOUIS —  Enterprise Holdings, the world’s largest vehicle rental business, said new franchise locations are coming to the U.S. Virgin Islands, Morocco and the Bahamas. Each of the three new markets will feature car rental options from the Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands. In the U.S. Virgin Islands, the company plans to open locations and provide service on […]

Cane Bay Partners Faces Another Class-Action Lawsuit By A Native American Group Over Predatory Payday Loans

MADISON — St. Croix-based business Cane Bay Partners and founding co-owners David Johnson and Kirk Chewning are facing a class-action lawsuit over an alleged nationwide payday lending program that imposed exorbitant annual interest rates while using Native American tribes as a front to evade state usury laws, according to a complaint filed June 22, 2022 […]

Government House Clarifies Who Owns Limetree Bay Refinery

CHRISTIANSTED — Government House issued the following statement clarifying the ownership of the Limetree Bay Refinery on St. Croix: “The Government of the Virgin Islands takes very seriously the stewardship of the Limetree Bay refinery. The sale of the refinery was conducted pursuant to the legal procedures and processes of the U.S. Bankruptcy Code. The […]

Most Popular Tourism Destination In The Caribbean To Host Cruise Ship Conference

SANTO DOMINGO — The most popular tourist destination in the region will host “the only official cruise conference representing the Caribbean, Mexico and Central and South America.” The Florida-Caribbean Cruise Association (FCCA) said today that the Dominican Republic will host the 2022 FCCA Cruise Conference. Taking place in Santo Domingo from October 11-14, the event […]