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Cruz Bay
Tuesday, August 11, 2020

St. John business

New SBA Administrator Pledges More Opportunities for Women, Underserved, Vets

Jovita Carranza now serves as the 26th administrator of the U.S. Small Business Administration (SBA). She will lead the only federal agency exclusively dedicated to assisting small business owners and entrepreneurs.
Barrels of rum aging in the Cruzan warehouse represent future revenues for the territory.

Interior Sends $4.4 Million Payment to USVI for Adjustment to FY 2019 Rum Excise...

This amount represents an adjustment owed to the USVI government based on actual certified rum excise tax collections and the remaining amount owed to the territory after an initial advance payment for the 2019 fiscal year.

VIPA Announces Additional Changes to Cruise Ship Schedules

The Virgin Islands Port Authority (VIPA) has received changes to its cruise schedules for the Austin “Babe” Monsanto Marine Terminal in Crown Bay, St. Thomas and the Ann E. Abramson Marine Facility in Frederiksted, St. Croix.

FEMA Awards WAPA $19 Million to Manage Recovery Projects

These funds will support WAPA in its efforts to finance upcoming management activities and reimbursement for costs associated with recovery projects initiated to reconstruct after the damages caused by Hurricane Maria in 2017.

Oriental Completes Acquisition of Scotiabank’s Operations in PR and USVI

Upon opening in the former Scotiabank locations on St. Thomas and St. Croix, Oriental will continue to use certain Scotiabank technology platforms and services for a transitional period following the closing.

DOL Informs Public of 2020 Unemployment Insurance Tax Rates

The Department of Labor encourages businesses to find out more about the payment process and rate calculations.
An American Airlines 737 Max 8.

American Airlines Launches New Chicago, Dallas-Fort Worth Flights to St. Thomas

Flights from Chicago O'Hare International Airport will serve Cyril E. King International Airport on Saturdays, beginning Dec. 21, 2019 through April 4, 2020. Flights from Dallas-Fort Worth will also begin today and will operate year-round on Saturdays.

Broadband VI Acquires Surge Broadband

As Broadband VI works to expand the offerings available to Surge Broadband customers, customers can be assured that their contracts will be honored.

V.I. Banking Board Approves Application for Oriental Bank to Do Business

Oriental Bank will operate two USVI branch locations: Christiansted in the St. Croix District and Altona in the St. Thomas-St. John District.

VI Board of Barbers, Beauticians and Manicurists Increases Required Hours for Licensure

To be considered for licensure by endorsement, the licensure requirements of the individual’s home state must be equal to or greater than the U.S. Virgin Islands’ cosmetology or barbering licensure requirements.





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