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Much improved economic outlook highlighted in national publication   The prices of U.S. Virgin Islands Bonds, a bellwether of the public markets’ confidence in the Virgin Islands economy, have roared back, according to recent financial reports. As of last week, bond sales show a more than 100% increase on the value of some V.I. bonds […]

Governor Kenneth E. Mapp has shared flood mitigation plans for various communities and is urging residents to give their input before Government proceeds further. Taking part in a town hall meeting at Estate Nadir on St. Thomas Thursday evening, he discussed flood mitigation plans for that area as well as for Savan in Charlotte Amalie

The popular basketball festival, Paradise Jam, returns to the Virgin Islands next month. Governor Kenneth E. Mapp met with Executive Director of the Basketball Travelers, Nels Hawkinson, yesterday to discuss the tournament schedule for the 19th annual event which takes place November 16-24 at the University of the Virgin Islands’ Sports and Fitness Center on

FCCA President says Territory represents ‘the epitome of what a destination should do to rebuild’ Governor Kenneth E. Mapp and his administration have received high praise for their handling of the post-hurricane crisis in the Territory and their success in the continued rebuilding of the tourism sector. At a press conference yesterday, Florida-Caribbean Cruise Association

Over the last month the Virgin Islands Government has worked to eliminate the retirement backlog for former Government employees waiting for their pensions. This includes recent payments totaling $1,182,064 for 96 retirees, Finance Commissioner Valdamier Collens said Wednesday. The Mapp-Potter Administration has made government retirees and GERS solvency a priority. In 2015, just three months

Virgin Islanders who lost their jobs following Hurricanes Irma and Maria may be eligible for an additional 26 weeks of disaster-related unemployment assistance. U.S. President Donald J. Trump signed the Disaster Recovery Reform Act of 2018 into law on Friday, following the approval of the U.S. Senate on Wednesday. The Act retroactively extends unemployment benefits

Governor Kenneth E. Mapp has approved the $1.32 billion Fiscal Year 2019 budget for the Government of the United States Virgin Islands. The budget was submitted to the 32nd Legislature on May 30, 2018 and Senators acted to approve it on September 19th. The Governor notified Senate President Myron Jackson on Friday evening that he

In what was described as a “another major milestone” in the Territory’s recovery from last year’s devastating hurricanes, Governor Kenneth E. Mapp announced Wednesday that an agreement had been reached to assist in the reopening of Frenchman’s Reef & Morning Star Beach Resort on St. Thomas. The Mapp-Potter Administration has officially entered into a Memorandum

The United States Senate gave final approval to the Disaster Recovery Reform Act of 2018 on Wednesday. The Act retroactively provides an additional 26 weeks of disaster-related unemployment assistance for the U.S. Virgin Islands for a total of 52 weeks of assistance following the disaster declarations for Hurricanes Irma and Maria. The legislation will make