80.6 F
Charlotte Amalie
Sunday, August 18, 2019
Sun August 18, 2019 4:41 AM

St. Thomas business

Lt. Gov.-elect Tregenza Roach. (File photo by Barry Leerman for the V.I. Legislature)

Roach Informs Oriental Bank of Regulatory Process for Banking Institutions

In his letter sent on July 2, Roach conveyed relevant information and statutory requirements regarding the Virgin Islands Banking Board’s regulatory process for banking institutions.

Deadline Approaching to File Franchise Taxes

This is the first reporting year for business entities to file online reports and pay franchise taxes electronically.
The Research and Technology Park on UVI's St. Croix campus(File photo)

RTPark, National Development Council Partner to Expand Economic Opportunities in V.I.

The one-year contract with the New York-based non-profit officially commenced on July 1 and will be available to not only the RTPark and its current and prospective client companies, but also other public, quasi-public and civic USVI organizations that are conceptualizing/ implementing economic development initiatives in the territory.
Scotiabank on St. Thomas. (Source file photo)

Scotiabank in USVI and Puerto Rico Sold to Oriental Bank

Oriental Bank bought Scotiabank's U.S. Virgin Islands' branch for a $10 million deposit premium, OFG Bancorp announced last week. Oriental also bought Scotiabank's operations in Puerto Rico for $550 million in cash.

Viya Federal Universal Service Charge Rate to Change Effective July 1

Effective July 1, there will be a slight increase in the FUSC surcharge factor from 18.80 percent to 24.40 percent.

JetBlue Foundation, Black Aerospace Professionals Introduce H.S. Students to Aviation Careers

The initiative introduces aviation careers to students from backgrounds that are traditionally underrepresented in the industry. The St. Thomas ACE Academy was held from June 24-28 and included high school students from different regions of the island.

Sports, Parks and Recreation/ McDonald’s USVI Name 60 Winners of Summer Essay Contest

The Department of Sports, Parks and Recreation (DSPR) and McDonald’s USVI have chosen the winners of the Summer Essay Contest. Essay contest winners submitted a two-paragraph essay explaining what sports and fitness mean to them.

Viya Awards 2019 Scholarships to Two Freshmen College Students

Viya Scholarships are awarded to two high school seniors -- one in each district -- who have already been accepted to a college or a university. The winning student in each district is awarded a one-time $10,000 scholarship to be used for tuition.

USVI Economic Development Authority Attends SelectUSA Investment Summit

More than 3,100 people attended this year's summit, which included 1,200 business investors from a record 79 global markets.

USVI Investor Forum Sparks High Interest in Prospective Investors

Business investment opportunities captured high interest among eight prospective investors at a U.S. Virgin Islands Investor Forum on St. Thomas and St. Croix. Government representatives and their public and private sector partners welcomed the prospective investors June 13-15.

JOIN OUR MAILING LIST

STAY CONNECTED

17,314FansLike
3,136FollowersFollow

FROM FACEBOOK

Comments Box SVG iconsUsed for the like, share, comment, and reaction icons
Load more