"The light that comes from wisdom never goes out"
Visitors to Tortola’s East End have a new lodging option with the reopening late last year of Wyndham Lambert Beach Resort, a project in the works even before Hurricane Irma …
Continue reading “Lambert resort back after more than 3 years”
Rosewood Little Dix Bay, the 55-year-old Virgin Gorda resort founded by legendary philanthropist Laurance Rockefeller, reopened last week after a four-year closure exacerbated by damage from Hurricane Irma. The 500-acre …
Continue reading “Rosewood Little Dix Bay reopens on Virgin Gorda”
Government has signed an agreement with Airbnb allowing the online booking agent to submit hotel accommodation tax directly to the government, according to a press release issued last Thursday. On …
On Saturday night, hundreds of people gathered at Christmas on De Castro Street as Janice Stoutt stood on a stage at one end of the event and read her original …
Scotiabank announced earlier this month that it has reached an agreement for the sale of 100 percent of the shares of its Virgin Islands branch to Trinidad-based Republic Financial Holdings …
A cryptocurrency company that announced a partnership with government in May presented more details of its planned rollout of a digital currency in the Virgin Islands, to be known as …
Continue reading “Details of Virgin Islands cryptocurrency revealed”
Last week, as the Virgin Islands celebrated the 35th anniversary of the International Business Company Act, 1984, three H. Lavity Stoutt Community College debaters outlined why the act was so …
A group of around 40 of what BVI Chamber of Commerce and Hotel Association Chairwoman Shaina Smith called the “unsung heroes” of the Virgin Islands economic recovery gathered on Tuesday …
Continue reading “Business and government share dialogue in “solution forum””
The six young competitors who vied to design a logo for the government’s new Innovative Business Lab set to launch next year are getting a lesson in working for demanding …
Continue reading “Logo designers go back to the drawing board”
Echoing a push in the United Kingdom and its territories toward greater corporate transparency, the United States House of Representatives last week passed a bipartisan bill requiring companies to disclose …
Continue reading “US moves toward registers of beneficial ownership”
“There are a lot of big deals in this room,” said emcee Kareem-Nelson Hull as he surveyed a conference room full of dozens of young Virgin Islands entrepreneurs at the …
The Virgin Islands financial services industry has seen “minimal” impact from the recent pro-democracy protests in Hong Kong, Premier Andrew Fahie said while answering a question from Opposition Leader Marlon …
Continue reading “Premier sees “minimal” impact from Hong Kong protests”
An amendment to the Beneficial Ownership Secure Search System Act, which was rushed through the House of Assembly on Friday, is designed to pave the way for the new rules …
During the coming tourist season, people arriving in St. Thomas after sunset Friday through Sunday may be able to take a ferry to Tortola if the BVI Tourist Board succeeds …
Last week, a patient who previously couldn’t feel one of his arms left Bougainvillea Clinic with a new lease on life after doctors there performed a vertebral disc replacement surgery …
An upscale boutique hotel may be coming to the Cyril B. Romney Tortola Pier Park, according to a call for expressions of interest released Friday by Tortola Pier Park Limited, …
Continue reading “Boutique hotel could be coming to Pier Park”
The BVI Ports Authority has issued a request for proposals for firms to conduct a forensic audit of the agency’s accounts, which could be the first actual audit conducted for …
Continue reading “BVI Ports Authority planning forensic audit”
The Virgin Islands financial services industry continued a downward slide in the second quarter of 2019, incorporating 6,365 new companies to turn in its worst quarter since 2003, when the …
The Organisation for Economic Cooperation and Development is the latest financial body to issue a warning that the global economy is weakening. In its latest Interim Economic Outlook, released last …
Continue reading “OECD: Global economy increasingly fragile”
The Virgin Islands is one of the 10 economies in the world that together host more than 85 percent of an estimated $15 trillion in “phantom investments” annually, according to …
A total of 12,945 insurance claims totalling more than $918 million have been filed relating to the August floods and September hurricanes of 2017, according to a report from the …
Continue reading “FSC: Insurance payouts from 2017 disasters top $828m”
This winter, Virgin Islands residents seeking a new career path may want to consider one they may have thought only existed in English manor houses or on television: butler. “We …
Continue reading “Revamped Rosewood Little Dix Bay prepares to reopen”
Two years after Hurricane Irma, a walk through Road Town suggests that the biggest victory of the private sector also remains its greatest challenge: rebuilding. “Many of the businesses are …
Continue reading “Businesses take a lead in Hurricane Irma recovery”
Next month, the European Union will revamp its methodology for compiling its anti-money laundering blacklist, after a previous list was blocked by EU governments that objected to the listing of …
Continue reading “EU anti-money laundering blacklist to be revisited”
Despite the Tuesday closure of a major Florida port and Tropical Shipping’s temporary suspension of sailings due to Hurricane Dorian, the average Virgin Islands consumer needn’t worry, according to Chris …
Continue reading “No food shortages due to Hurricane Dorian”
