Thursday, May 25, 2017 10:15 am Last modified: 9:57 am

Business

President Obama’s SBA: Eight Years of Accomplishments

Maria Contreras-Sweet, administrator of the U.S. Small Business Administration (SBA) and a member of President Obama’s cabinet, has released her SBA Cabinet Exit Memo, highlighting the agency’s record of accomplishments for America’s small businesses during the eight years of the Obam
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FUSC Rate Change Effective Dec. 31

Because of recent action taken by the Federal Communications Commission that affects carriers nationwide, Innovative Telephone, Innovative Wireless and Innovative Long Distance customers will notice a decrease in the Federal Universal Service Charge (FUSC) effective Dec. 31, 2016.
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FirstBank Pays Off $10,000 Loan for Contest Winner

FirstBank extends congratulations to Bernardo Ortiz, the winner of its summer “Pay off Your Loan” contest. As the lucky winner, Ortiz will have his entire unsecured personal loan of $10,000 paid off by FirstBank. FirstBank’s annual summer loan campaign, which ran fro
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ICMC Shares Joy of Christmas With Head Start Kids

International Capital & Management Company (ICMC) presented the local Head Start Program with over 100 toys during its annual Secret Santa Initiative. Every year, ICMC partners with Head Start to provide gifts and holiday cheer to the students.
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SBA Appoints New Senior Area Manager on St. Thomas/St. John

The U.S. Small Business Administration (SBA) has appointed Hipólito “C.J.” Castro as its new senior area manager on St. Thomas.
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Chamber of Commerce Mourns the Passing of Mulo Alwani

It is with deep sadness, the St. Thomas-St. John Chamber of Commerce recognizes the passing of Mulo Alwani, a community and business leader.
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Tommy Star Awards Gala Honors Richard Doumeng, Colleagues

The U.S. Virgin Islands Hotel and Tourism Association’s honored Managing Director of Bolongo Bay Beach Resort Richard Doumeng and eight other exceptional individuals employed in the tourism industry on Nov. 5 at the 15th Annual Tommy Star Awards and Gala.
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BDO USVI Announces New Managing Member John Engerman

BDO, the world’s fifth largest accountancy network, has announced the appointment of a new managing member in the St. Thomas office. Native Virgin Islander John Engerman was appointed in July 2016.
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Ogletree Deakins Hires Adam Christian, Former Judge

Ogletree, Deakins, Nash, Smoak & Stewart P.C. (Ogletree Deakins), one of the largest labor and employment law firms representing management, has announced the addition of former judge Adam Christian as ‘Of Counsel’ in the firm’s St. Thomas office.
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Scotiabank Donates Two Scholarships to UVI Students

Scotiabank’s annual commitment to the University of the Virgin Islands was demonstrated during a Chamber of Commerce Business after Hours event where the bank contributed $10,000 to the UVI Scotiabank Scholarship Fund.
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