"The light that comes from wisdom never goes out"
Cruise ship passengers’ enthusiasm for visiting the Virgin Islands hasn’t been dampened by the arrest of the territory’s former premier last month in Miami while he was on a trip …
Continue reading “Rymer touts Seatrade despite Fahie arrest”
Since Russia invaded Ukraine in February, the Virgin Islands has frozen more than $40 million in assets, according to the Governor’s Office, which serves as the competent authority for sanctions …
Delta Petroleum has notified the BVI Electricity Corporation that it cannot continue to source and supply the fuel required under the contract it signed with the utility in October, BVIEC …
Even amid the turmoil caused by the forced resignation of then-Speaker of the House Julian Willock on May 3, the House of Assembly still had time to pass a financial …
The Virgin Islands financial services industry rushed to distance itself from the Miami arrests last Thursday of Premier Andrew Fahie and BVI Ports Authority Managing Director Oleanvine Maynard — as …
Continue reading “Financial services copes with Fahie fallout”
On Friday, Virgin Islands students helped clean up the oceans — virtually. Onscreen, an entity powered by artificial intelligence combed through an ocean of colourful fish and other objects. However, …
As the latest step in the Caribbean Development Bank’s efforts to help Caribbean governments get better value for money, the bank has launched a new phase of its public procurement …
In 1992, 26 ambitious Virgin Islanders and belongers each dug into their pockets and took out $1,000. Facing a fragile Virgin Islands economy and limited opportunities for investment, they decided …
Continue reading “Marinas get work as Investment Club marks 30”
Caribbean countries that live in fear of being blacklisted by the European Union should band together and take legal action, according to Barbados-based economist and Caribbean policy expert Marla Dukharan. …
Twenty-seven residents received certificates on April 5 after completing eight modules of the Employability Skills Training Programme. Dr. June Soomer, chair of the University of the West Indies Open Campus …
In 2021, new incorporations in the Virgin Islands saw their best year since 2018, recovering somewhat from a disappointing downward trend for the territory’s core financial product, according to fourth …
An early participant in the Financial Services Commission’s regulatory sandbox regime for financial technology recently spoke out about her experiences operating in a small but growing industry in the Virgin …
Government awarded four firms a total of $11 million in contracts on Friday to begin the long-delayed revamp of Elmore Stoutt High School, which is expected to reunite the entire …
A new labour task force is on track to meet the promised one-month deadline to clear out the hundreds of backlogged work permit applications that are slowing the territory’s economic …
After Premier Andrew Fahie promised on March 11 that the backlog of nearly 2,000 work permit renewal applications would be cleared within a month, Natural Resources, Labour and Immigration Minister …
Money Matters BVI is currently celebrating Global Money Week 2022, an international observance focused on developing financial literacy skills in children and young adults. Here in the Virgin Islands, activities …
One Mart owner Mark Vanterpool thinks Virgin Islands residents should have more local places to shop. And by that, he means they shouldn’t have to go more than a few …
A year and a half after Premier Andrew Fahie promised to work with the United Kingdom toward establishing a public register of beneficial ownership by 2023, he has announced that …
The Virgin Islands has been added to the European Union’s “grey list” along with nine other jurisdictions in the Caribbean and elsewhere, the EU Council announced after its meeting on …
As Virgin Islands firms scramble to implement sanctions against Russian financial institutions and individuals in the wake of the Ukraine invasion, BVI Finance CEO Elise Donovan is clapping back at …
Continue reading “VI on board with ‘dizzying’ Russia sanctions”
The head of the BVI Tourist Board told legislators last year that the agency needed $15 million to do its job in 2022, when tourism is expected to recover by …
The Financial Services Commission has announced that an Asian exchange focusing on digital securities has been admitted to the territory’s list of recognised exchanges. It’s the latest move in an …
As the Anne Bonny drifts past the cruise pier, an ethereal female voice pours out of the speakers: “Villainous, infamous, Anne Bonny…”. Next to the massive, gleaming cruise ships moored …
Government is monitoring reports that the Virgin Islands will be added to the European Union’s grey list of “non-cooperative tax jurisdictions” along with Bermuda, Israel, Russia and others, Premier Andrew …
The online work permit system at the Department of Labour and Workforce Development has gone offline indefinitely, according to a government bulletin released on Monday. The announcement came amid an …
