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From humble beginnings on his grandparents’ farm in communist Romania, Edgar Zambo rose to self-described “influencer” status in financial circles and would like to bring his expertise to the U.S. Virgin Islands.
A stateside call center hoping to expand to St. Croix got schooled in the economy of the U.S. Virgin Islands on Tuesday at a public Economic Development Commission hearing.
The Economic Development Commission board of directors on Friday granted waivers to beneficiaries seeking reductions in their employment and charitable giving requirements, in one case citing the COVID-19 pandemic.
The financial fallout from the COVID-19 pandemic was brought home to the Economic Development Authority Board of Directors on Thursday as officials with the Buccaneer Beach & Golf Resort on St. Croix appealed for help to stay afloat.
Co-executors of the estate left by the late Jeffrey Epstein and a company he founded in the Virgin Islands were recently named as co-defendants in a civil lawsuit filed by the V.I. Justice Department.
Owners Mark and Gwen Snider, and their son Matt, are now hard at work painting buildings and completing construction projects for a new development located on Lovango, a small island between St. Thomas and St. John.
Senators on the Rules and Judiciary Committee started their Monday meeting with six bills on the agenda, and when it was over, all six had been forwarded on to the full Senate.
A bill to amend the USVI's Hotel Development Act, allowing hotels that suffered storm damage to use the financial tools to help finance their recovery, was unanimously approved by the Senate Finance Committee.
The Economic Development Authority’s Chief Executive Officer Kamal Latham on Monday told the Senate Finance Committee that the EDA's board remained neutral to parts of proposed legislation affecting the agency.
Marriott Ownership Resorts Inc., a subsidiary company of Marriott Vacation Club International, requested an extension of benefits and modifications be made to its application during a meeting with the Virgin Islands Economic Development Commission.