ATTEMPTED ROBBERY AT CARAMBOLA BEACH RESORT ON ST. CROIX [ad name=”HTML-68″] FREDERIKSTED — Police said that an attempted robbery at the Renaissance Carambola St. Croix Beach Resort was foiled Thursday when a male employee confronted the masked, possibly armed attacker. The incident occurred about 11:41 a.m. when police were sent to the resort in Estate […]
Category: Business News
Propulsion Issues Force RCCL’s Cruise Ship Allure of The Seas To Cancel Five Dockings In St. Thomas
ALLURE OF THE SEAS: Photos from inside the Royal Caribbean Cruise Lines (RCCL) ship. CHARLOTTE AMALIE — Royal Caribbean International has adjusted several of Allure of the Seas’ Caribbean itineraries because of a propulsion issue that’s forced the massive vessel to slow down. Given its reduced speed, the ship, which sails from Port Everglades, Florida will now call at San […]
WAPA Does What The Virgin Islands Government Cannot Do: Borrows Money On The U.S. Bond Market: This Time To The Tune of $14.8 Million
[ad name=”HTML-68″] CHARLOTTE AMALIE — The Virgin Islands Water and Power Authority (WAPA) borrowed $14.8 million last week at a nearly 11 percent interest rate and plans to borrow $70 million more through bonds in the next nine weeks. Saybrook Municipal Opportunity Fund — managed by an investor in distressed and defaulted municipal securities through […]
Puerto Rico Hopes To Take Over The Top Spot In The Caribbean Tourism From The Dominican Republic ‘Despacito’
MOST-WATCHED VIDEO ON YOUTUBE EVER: “Despacito” by Luis Fonsi featuring Daddy Yankee and Justin Bieber. Despacito means “slowly” in Spanish. “Despacito” is the first top 20 hit song in Spanish in America in 20 years. [ad name=”HTML-68″] SAN JUAN — The Puerto Rico Tourism Company (PRTC) has announced that Latin Pop-Star, Luis Fonsi, is their […]
GO FISH! St. Croix’s Most Distinguished Chef Digby Stridiron Is Leaving The Island’s Most Posh Restaurant For The Greener Pastures of South Carolina
BALTER HEAD CHEF BOLTS ST. CROIX: Digby Stridiron is off for the greener pastures of South Carolina where he will be the executive chef of Parcel 32 Restaurant in historic Charleston. [ad name=”HTML-68″] CHRISTIANSTED — St. Croix native Digby Stridiron is calling it quits from Balter Restaurant on Company Street in Christiansted and headed towards […]
BLACKLASH! Two Days Before A Storm Is Expected To Reach St. Croix, WAPA Plunges The Big Island Into Darkness For Six Hours … For No Reason At All!
[ad name=”HTML-68″] CHRISTIANSTED — Two days before Invest 91L was expected to reach the territory, the Virgin Islands Water and Power Authority (WAPA) plunged St. Croix into darkness for nearly six hours. At least 14,000 WAPA customers were affected as a light drizzle fell on St. Croix accompanied by 19 mile-per-hour winds. Officially, the quasi-government […]
Fitch Ratings, One of Three Major Credit Rating Firms, Brings Territory Down Three Notches With The Promise It Will Sink Lower … Soon
[ad name=”HTML-68″] NEW YORK — Seeing few options for improvment to the territory’s finances, Fitch Ratings took its credit rating on the Virgin Islands down all the way to triple-C from B. That’s a steep three-notch downgrade, bringing it to a level that indicates significant risk of default. Also, Fitch is maintaining a negative outlook. The problem […]
St. Thomas Native Milt Newton Has A Job In The NBA Again! This Time As The Milwaukee Bucks Assistant General Manager
HIRED AGAIN: Veteran NBA executive Milt Newton of St. Thomas. [ad name=”HTML-68″] MILWAUKEE — St. Thomas native Milt Newton has a job again in the NBA. This time he will be the assistant general manager for the Milwaukee Bucks. The Bucks announced multiple additions to their staff on Wednesday, with the most notable being veteran […]
Virgin Islands Tourism Kicks Off Its ‘So Nice’ Advertising Campaign Featuring Reggae Star Pressure Busspipe
[ad name=”HTML-68″] CHARLOTTE AMALIE — The Virgin Islands Department of Tourism has unveiled its new advertising campaign, called “Real Nice.” In partnership with its advertising agency of record, J. Walter Thompson Atlanta (JWT), which is responsible for creative design, and local Virgin Islands company FilmVI, the popular “Virgin Islands Nice” campaign was revised to give […]
VIRGIN ISLANDS TOURISM BOON OR BUST? Nine States To Require A United States Passport to Visit Them in 2018
CHARLOTTE AMALIE — One of the selling points of the Virgin Islands current tourism campaign is to emphasize “No Passport Required.” But for nine United States that is all about to change … starting in 2018. So the question becomes: What will the impact be to tourism in the territory? Will it be a positive […]