updated 6:19 PM PDT, Sep 5, 2017
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Incorporation Increase – Premier Pleased

In his welcome to new Governor, Premier and Minister for Finance Dr. the Hon. D. Orlando Smith mentioned that the second quarter company incorporation figures showed a growth in incorporation. The new BVI Leader declared is great news for the industry.

Hon. Smith was referencing the statistical bulletin that was published by the Financial Services Commission with the intent to provide an analysis on the financial services activities for the second quarter of 2017.

The report, which presented the figures of the two quarters showed that there was an increase in company incorporations when compared to the same period last year.

The figures show that in the first quarter this year 8,695 company incorporations were recorded. Whereas in the second quarter 7,621 was recorded. This second quarter figure is an increase from the number recorded in the second quarter of 2016 when 6,767 company incorporations were recorded.

As he lauded the numbers reported Hon. Smith said: “We have positive news coming from the financial services industry. Recent reports indicate that company incorporations are up in the first two quarters of 2017. I hope this trend holds for the remainder of the year.”

The Minister of Finance also suggested that the increase is a result of the effective promotions that has been done. “It would be a strong indication that the community efforts to defend and promote the industry are paying off,” he stated.

Red Eye Alert Issued

It was reported that that several Caribbean islands have reported outbreaks of conjunctivitis or Red Eye at health facilities and medical practices and the BVI and the rest of the Caribbean are being placed on the alert by the Caribbean Public Health Agency (CARPHA).

Red Eye or conjunctivitis is a disease that causes inflammation of the membrane covering the whites of the eyes and the inside of the eyelids. The congestion of blood vessels in this membrane gives rise to a reddened appearance and explains the more common names “red eye or pink eye”.

The most common causes of conjunctivitis are viruses, bacteria, and allergens. It was especially mentioned that viral and bacterial conjunctivitis are very contagious and can spread easily from person to person.

Dr. Virginia Asin-Oostburg, CARPHA’s Director of Surveillance, Disease Prevention and Control is advising persons in the region to prevent the spread of the disease. “The Caribbean Public Health Agency (CARPHA) is currently monitoring the situation and we want to urge persons to take the necessary precautions to prevent and reduce the spread of this illness,” she said.

Persons suspected of have conjunctivitis may experience eye symptoms such as redness; irritation; itchiness; production of excessive tears, clear or yellow discharge that may make the eyelids stick together, especially on mornings, and swelling of the eye lids.

In order to stem the spread of the disease CARPHA is urging the public to avoid close contact with persons who are ill with conjunctival symptoms. They are also asked to keep unwashed hands away from face and eyes, wash hands often with soap and warm water, or alternatively use an alcohol based hand-sanitizer.

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