A shake-up of employment practices could be on the way for the Virgin Islands following government engagement with the International Labour Organisation. The Geneva-based ILO revealed this month that it …
At expo, residents urged to buy local
The Virgin Islands economy may be struggling in part because too few residents support local businesses, according to Premier Natalio “Sowande” Wheatley. “Persons have said to me that the economy …
Business drive pushes into Latin America
Financial services firms in the Virgin Islands have set their sights on the Latin American market with a major push into the region. As part of that effort, the territory …
Watchdog takes aim at company-register plans
A United Kingdom transparency watchdog has warned that the Virgin Islands’ plan for a restricted beneficial-ownership register could endanger journalists and others who investigate financial crimes — but VI government …
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Big HR conference coming to VI
The Virgin Islands will host more than 100 delegates from across the region this fall when the 11th Caribbean Tourism Organisation Human Resources Conference comes to Tortola, government announced recently. …
Smith calls for banks to help start-ups
Following recent promises to provide better service, Virgin Islands banks must stop forcing small firms to “go on their knees” to ask for help, according to Financial Services and Economic …
Trade show aims to boost business
The BVI Chamber of Commerce plans to use its annual Buy BVI Trade Expo this month as the beginning of a revamp that will include new services and a membership …
VI firms feel pinch as Trump tariffs bite
The global tariff trade war unleashed by United States President Donald Trump has significantly impacted nearly a fifth of Virgin Islands companies that responded to a recent survey conducted by …
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Festival set to fire up after slow burn, vendors say
Businesses hoping to cash in at the August Emancipation Festival celebrations reported a slower start than last year, but they said they expect a surge in interest to power the …
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Asia scholars honoured
Using education to build bridges with Asia will boost the Virgin Islands’ economic growth, according to Premier Natalio “Sowande” Wheatley. The premier made the comments at a Friday recognition ceremony …
HOA closes labour inspection loophole
A move to rectify a longstanding legislative mistake by validating labour inspections dating back 15 years was pushed through the House of Assembly last week. Premier Natalio “Sowande” Wheatley told …
MPs blast VI company register plans, but Smith fires back
In a scathing attack on the Virgin Islands, two British politicians have called for London to take charge of implementing the territory’s new company ownership register to speed progress and …
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VIDIC seeks new CEO amid bank collapse
The saga surrounding the collapsing Bank of Asia took a new twist Friday when the public agency that triggered its winding-down suddenly advertised for a new CEO. The job advertisement …
Grey-listing ‘not a setback,’ Smith claims
The government has scrambled to put a brave face on the news that the Virgin Islands was recently placed on a “grey list” of jurisdictions subject to increased scrutiny by …
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VIDI Corporation still not saying who’s in charge
The Virgin Islands Deposit Insurance Corporation has stayed silent for nearly three weeks after a news report suggested that its CEO had resigned, but recent activity on social media suggests …
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Access rules unveiled for company register
Details of the government’s long-awaited reform of its beneficial ownership register — the list of who owns Virgin Islands-registered companies — have finally been revealed. The move comes after prominent …
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‘Grey list’ decision expected soon
A Virgin Islands delegation travelled to France this week to attend a meeting where a global financial watchdog is expected to decide whether to sanction the VI for falling short …
VI repped at Canada Crypto Week
The Virgin Islands recently made a push into the cryptocurrency market at a major North American event, BVI Finance said. The organisation stated that the territory used Canada Crypto Week …
Premier stands firm on company register
Premier Natalio “Sowande” Wheatley has struck a defiant tone by insisting that the Virgin Islands will go its own way despite pressure from British politicians to publicly disclose who owns …
Hodge-Smith says tourism can weather crime spate
Because the Virgin Islands remains “relatively safe,” the tourism industry shouldn’t be badly impacted by a recent spate of gun crimes, a junior minister has said. Junior Tourism Minister Luce …
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Amid turmoil, premier looks beyond US
Government plans an extensive business push into India and other major markets in response to United States President Donald Trump’s erratic trade policies, according to Premier Natalio “Sowande” Wheatley. The …
VI repped at Miami conference
The Virgin Islands was hailed as a beacon for good business standards at a major financial conference in the United States. During a panel organised by BVI Finance at OffshoreAlert …
VI ready if ‘grey list’ hits, premier says
The government is prepared to deal with any fallout if the Virgin Islands is censured by global financial watchdogs next month, according to Premier Natalio “Sowande” Wheatley. His comments come …
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UK review could tip VI onto ‘grey list,’ expert says
Britain’s recent inquiry into the Virgin Islands’ law-enforcement agencies could tip the scales when global financial watchdogs consider whether to sanction the territory next month, according to a leading expert. …
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UK pol attacks VI ‘mockery’ of money-crime fight
Premier Natalio “Sowande” Wheatley has fired back after an influential British politician accused the Virgin Islands of making a “mockery” of combatting financial crime by launching a cartoon bird logo …
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