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Charlotte Amalie
Sunday, April 5, 2020
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St. Croix business

Governor Urges Businesses to Take Advantage of SBA’s Paycheck Protection Program

Under the program, employers of businesses of 500 or fewer employees can get a low-interest loan, and the SBA will forgive the loan if all employees are kept on the job for eight weeks and the money is used for payroll, rent, mortgage interest or utilities.

Broadband VI Launches Free Mobile APP to Assist Customers

Broadband VI has launched a free Broadband VI mobile app allowing customers to troubleshoot, manage and service their accounts from the convenience of their mobile phone. The app is available for Android and iPhone devices.
Kamal Latham, CEO of the Economic Development Authority, testifies at Tuesday’s Finance Committee hearing. (V.I. Legislature Photo)

VI Economic Development Authority CEO Sends Message to Business Owners

VIEDA encourages you to explore resources available to small businesses during this public health crisis.

DOL Shares Model Language for Employer Notification of Unemployment Compensation Availability

The following example is guidance on how the employer should transmit information to the individual(s) affected by downsizing.

Oriental Bank Announces Relief Program for Businesses

Oriental has announced another initiative within the Relief Program for Businesses for its commercial customers that have been economically affected by the coronavirus COVID-19.

Viya Continues to Update Community on COVID-19 Initiatives

Viya’s technicians will continue to work around the clock to monitor the network and promptly deal with issues that affect service that do not require an on-site visit. The company is making arrangements to ensure that mobile devices (Mi-Fis) are available to customers who are seeking a convenient option to wired service.

Drive Green VI Gives Five Easy Steps to Buy a Car On Line

Drive Green VI is providing you with an easy and affordable way to get a great deal on a vehicle from the safety of your own home.
WAPA CEO Lawrence Kupfer testifies Thursday before the Senate Committee on Infrastructure and Housing. (Photo by Barry Leerdam for the V.I. Legislature)

WAPA Board Gets Updates on Electric and Water Systems, Approves Contract Extension

Executive Director Lawrence J. Kupfer provided an overview of electrical and water operations, the increased use of propane as a primary fuel source at both power plants, and steps being taken to protect both employees and customers from COVID-19.
Senior Executive Vice President and Chief Operating Officer Ganesh Kumar answers questions after his presentation prepared for the Virgin Islands Banking Board. (Source photo)

Oriental Bank Offers Online Financial Relief Application to Its Loan Customers

Oriental is the first territorial bank to offer an online relief application.

Popular VIEDA Webinar to Repeat on April 2

VIEDA will repeat its free, highly popular informational webinar on at 11 a.m., Thursday, April 2, for USVI small business owners.





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