Category: Business News

V.I. Port Authority Temporarily Closes Cyril E. King Airport

CHARLOTTE AMALIE — The Virgin Islands Port Authority (VIPA) temporarily closed the St. Thomas airport at 4 p.m. Monday “to perform a minor repair.” But by 4:50 p.m., VIPA said the Cyril E. King Airport’s runway was reopened. “VIPA thanks the traveling public for their patience,” the quasi-governmental authority said on Twitter.

UVI Students Get $48K In 13D Business Launch Competition 

CHARLOTTE AMALIE — Three University of the Virgin Islands (UVI) student entrepreneurs were awarded $48,000 at the annual 13D Entrepreneurship Business Launch Competition held virtually on May 6, providing them with valuable start-up funds to pursue their business ventures.  Christopher McDonald earned $24,000 for his MappIt! Geographic Information System (GIS) business start-up, and an additional $24,000 was awarded to Mitchell Turnbull and his teammate Walter Morris for their Cash N’Crypto ATM business idea. The 13D Competition is designed to eliminate the obstacle of financing for UVI student entrepreneurs […]

Trinidad and Tobago In Talks With Quanten LLC For Refinery Sale

PORT OF SPAIN (Reuters) — Trinidad and Tobago is in talks with U.S.-based Quanten LLC for the sale of the country’s refinery, Energy Minister Stuart Young said on Sunday, more than a year after the government rejected a proposal by a local group to buy the facility. The Caribbean nation’s government three years ago shut […]

Social Security Board of Trustees: Outlook of Combined Trust Funds Improves

The Social Security Board of Trustees on Thursday released its annual report on the financial status of the Social Security Trust Funds. The combined asset reserves of the Old-Age and Survivors Insurance and Disability Insurance (OASI and DI) Trust Funds are projected to become depleted in 2035, one year later than projected last year, with […]

Woman Arrested Who Stole $15K From Alzheimer’s Victim To Buy Car

CHRISTIANSTED — A St. Croix woman who stole $15,000 from an Alzheimer’s patient to buy a new car was arrested, authorities said. Frances McIntosh, 59, of Catherine’s Rest, was arrested and charged with obtaining money by false pretense, grand larceny, and financial exploitation of an elderly person or dependent adult, the Virgin Islands Police Department said.   […]

Woman Arrested For Forging Brother’s Signature To Sell Property: VIPD

CHRISTIANSTED — A St. Croix woman who owned an industrial-zoned property jointly with her sibling was arrested for selling it without his permission, authorities said. Marjorie Harry, 49, was arrested and charged with forgery, obtaining money by false pretense, grand larceny and filing or recording forged instruments, the Virgin Islands Police Department said.    Detectives from […]

St. John Brewers Hosts St. Thomas Location Grand Opening

CHARLOTTE AMALIE — After months of planning, construction and a soft opening, St. John Brewers owners Kevin Chipman and Chirag Vyas invite the business community and general public to enjoy Love City in the heart of St. Thomas at their new location, St. John Brewers on the Waterfront. The grand opening event will take place […]

FEMA Obligates $30M To VIWMA On St. Croix For Wastewater Treatment System Design

KINGSHILL — The Federal Emergency Management Agency has jumpstarted the replacement of the St. Croix Wastewater system with a $30 million award to the Virgin Islands Waste Management Authority. VIWMA can now begin the architectural and engineering design work for the island of St. Croix. These funds will allow the territory to begin the design in […]

From Undocumented To Entrepreneur – A Caribbean Immigrant Story 

NEW YORK — “Undocumented immigrants” or “illegal aliens” are most often stereotyped as migrants who come over the border to take “away jobs from Americans.” Listen to Fox News or any right-wing propaganda and the adjectives will become a lot more colorful. Few stories are told of undocumented immigrants who are highly skilled and go […]

Human Services Pauses In-Person Senior ID Services Until June 6

CHARLOTTE AMALIE — The Virgin Islands Department of Human Services (DHS) announced the Division of Senior Citizens Affairs, Information and Referral (I&R) Senior Identification Document (ID) Program is pausing in-person services as of Tuesday, May 24, 2022. DHS will resume in-person Senior ID services on Monday, June 06, 2022, territory-wide. The Division of Senior Citizens […]