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Economic Development Authority CEO Kamal Latham responds to questions from the Finance Committee Monday. (Photo by Barry Leerdam, USVI Legislature)

EDA Sees Bright Future for Investments in the Territory in 2020

The U.S. Virgin Islands Economic Development Authority Governing Board extended the contract for its auditor and approved travel for staff on Thursday.
George Dudley testifies before the Senate Finance Committee. (Barry Leerdam, USVI Legislature)

Bill Seeks to Expand Hotel Development Act

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.
Economic Development Authority CEO Kamal Latham responds to questions from the Finance Committee Monday. (Photo by Barry Leerdam, USVI Legislature)

Senate Considering Bill to Tighten and Clarify EDC Tax Break Rules

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’s Frenchman’s Cove has seen a series of renovations after hurricanes Irma and Maria to bring it back to its original grandeur.

Marriott Offers Increase in Employee Mandate for Extension of Incentives

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.

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