Ground has been broken on a $30-$40 million development aimed at cementing Nanny Cay Resort and Marina’s place as the “heart of Caribbean yachting,” officials said. The expansion will see …
Opposition backs premier on company register
The lives of business owners could be put at risk if the government allows full public access to the beneficial-ownership register it plans to launch by June, according to Opposition …
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‘This is our moment,’ premier tells CTO summit
Premier Natalio “Sowande” Wheatley knows the tourism industry from the inside, he said this week at a Road Town meeting for human-resources professionals from across the region. His experience, he …
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Territory eyes Africa business
Virgin Islands financial services officials used two major events in London last week to push Africa as a potential major growth market for the territory. BVI Finance CEO Elise Donovan …
VI repped at fintech event in Singapore
At a recent showcase for fintech and digital assets in Singapore, a Virgin Islands delegation moved to position the territory as a reliable destination for investment in the fast-growing business …
Youths Urged To Bank On Success
The digital economy and youth empowerment were key focus points of World Investment Week in the Virgin Islands, according to BVI Finance. The global event, which takes place annually in …
Premier touts prospects for Prospect Reef
After two decades of controversy and false starts, ground should finally be broken on a new resort at Prospect Reef next year, according to Premier Natalio “Sowande” Wheatley. A Cabinet …
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Bellevue baker honoured as ‘unsung hero’
Community was the theme of the day as CIBC Caribbean named its 2025 Unsung Hero award winner at a special celebratory lunch last Thursday at Maria’s by the Sea. In …
Tourism plan, policy delayed again
As the Virgin Islands prepares for a tourism season expected to bring a record number of visitors, a long-promised policy and plan to help guide the sector have been delayed …
UK debt-ratio deal crucial to airport project
The government’s hopes of extending the Beef Island runway could hinge on London loosening the Virgin Islands’ debt rules, Premier Natalio “Sowande” Wheatley has signalled. Mr. Wheatley said he is …
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26 interns get a taste of financial services
Rising stars of the Virgin Islands financial services sector received a boost as the Tomorrow’s Leaders Internship Programme gave 26 youths work experience within top-tier firms in the territory. The …
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Smith: Civil service letting down businesses, public
Entrepreneurs and other residents are suffering because the Virgin Islands’ civil service is slow, ineffective and unaccountable, Financial Services and Economic Development Junior Minister Lorna Smith told the House of …
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Premier ‘hopeful’ UK will help expand airport
Britain could help the Virgin Islands government finally deliver on its controversial plan to move ahead with a major airport expansion on Beef Island, Premier Natalio “Sowande” Wheatley told the …
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VI employment policy in the works
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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