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Kamal Latham, chief executive officer of the tax-break giving entity the V.I. Economic Development Authority, has resigned his post, effective July 20, according to the Authority.
The V.I. Economic Development Authority board unanimously approved a tax break application from By-the-Sea Resort Properties LLC on May 7 to open a new 68-key independent boutique resort within the 397-acre enclave of The Preserve at Botany Bay.
Gov. Albert Bryan Jr. signed an array of bills recently, including one attempting to place more oversight and limits on the use of government credit cards.
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.
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.
Lawmakers on Tuesday expressed incredulity at projections issued by the V.I. Economic Development Authority, with Senate Finance Committee Chairman Sen. Kurt Vialet (D-STX) calling agency leadership’s goal of attracting 25 new investor applications in a year “fluff.”
A wealthy Virgin Islands landowner was arrested by federal authorities Saturday. According to reports appearing in major U.S. newspapers, Jeffrey Epstein, 66, was apprehended as he flew into a New Jersey airport on a private plane arriving from Paris.
The new staff at the V.I. Research and Technology Park introduced two new programs, Tuesday to promote budding entrepreneurs and assist young Virgin Islanders with a technology background in finding jobs in the territory.
Carambola Golf Club is struggling to keep its doors open after former Gov. Kenneth Mapp denied the club an extension of benefits that had been voted on and unanimously approved by the Virgin Islands Economic Development Commission.
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.