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Business

January 9, 2026

Push into India hailed as a ‘landmark’

The territory’s financial services industry has enjoyed a breakthrough year in rising global powerhouse India, according to the government. A 12-month-long push into the country, which recently overtook the United …

Continue reading “Push into India hailed as a ‘landmark’”

by Shaun Connolly
December 24, 2025

Company formations jump nearly 19% in Q3

New incorporations in the Virgin Islands recently saw their strongest quarter in four years, according to statistics released by the Financial Services Commission. In the third quarter of this year, …

Continue reading “Company formations jump nearly 19% in Q3”

by Shaun Connolly
December 22, 2025

VI hits back at London over transparency          

Transparency-related tensions have again erupted between the Virgin Islands and Britain, which recently launched a new anti-corruption strategy that suggests overseas territories should launch fully public registers of beneficial ownership. …

Continue reading “VI hits back at London over transparency          “

by Shaun Connolly
David Lammy
December 15, 2025

Tomorrow’s business drivers get a boost

The next generation of homegrown entrepreneurs was celebrated as the future of the Virgin Islands during a recent awards ceremony. The gathering on Dec. 1 followed a three-week Entrepreneur Training …

Continue reading “Tomorrow’s business drivers get a boost”

by Shaun Connolly
December 12, 2025

VI a ‘pace setter,’ awardees told

The Virgin Islands is a global leader in financial services partly because of continuous international scrutiny, Premier Natalio “Sowande” Wheatley said last week during a business awards ceremony. Speaking at …

Continue reading “VI a ‘pace setter,’ awardees told”

by Shaun Connolly
December 9, 2025

New apprentices get to work

The government’s winter apprenticeship programme will place 123 students across the public and private sectors this month with a focus on science and medical careers, organisers said. The December initiative, …

Continue reading “New apprentices get to work”

by Shaun Connolly
December 9, 2025

Caribbean Airlines to cut Tortola flights

In October 2024, Caribbean Airlines launched new flights connecting the Virgin Islands to Trinidad, Barbados, Antigua and Puerto Rico. Now, it is cutting them. Effective Jan. 10, the Trinidad-based airline …

Continue reading “Caribbean Airlines to cut Tortola flights”

by Shaun Connolly
December 1, 2025

Gov’t touts ‘grey list’ progress, but expert says VI has a long way to go

A recent report has found that the Virgin Islands has made “significant” headway in addressing the technical deficiencies that helped land the territory on the Financial Action Task Force’s so-called …

Continue reading “Gov’t touts ‘grey list’ progress, but expert says VI has a long way to go”

by Shaun Connolly
November 25, 2025

Work-permit reversal sparks confusion

The government sparked confusion last week by abruptly stating that indefinite work permit exemptions had been scrapped — only to U-turn in the face of widespread concern. In a reversal …

Continue reading “Work-permit reversal sparks confusion”

by Shaun Connolly
November 25, 2025

Charming businesses, ‘quiz mistress’ has raised $600k

A self-proclaimed “quiz mistress” who has persuaded Virgin Islands firms to help her raise $600,000 for good causes has been awarded the British Empire Medal. Julie Cooper was recognised in …

Continue reading “Charming businesses, ‘quiz mistress’ has raised $600k”

by Shaun Connolly
November 18, 2025

VI repped at dive show in Orlando

A Virgin Islands delegation is representing the territory this week at one of the world’s largest annual industry gatherings for professionals in scuba diving, ocean sports and adventure travel. As …

Continue reading “VI repped at dive show in Orlando”

by The BVI Beacon
November 17, 2025

Soca cruise set to make a splash

Up to $750,000 could be pumped into the Virgin Islands’ economy when the UberSoca Cruise docks in the territory for the first time tomorrow, according to government. The so-called “non-stop …

Continue reading “Soca cruise set to make a splash”

by Shaun Connolly
November 10, 2025

Nanny Cay expansion breaks ground

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 …

Continue reading “Nanny Cay expansion breaks ground”

by Shaun Connolly
November 4, 2025

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 …

Continue reading “Opposition backs premier on company register”

by Shaun Connolly
November 3, 2025

‘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 …

Continue reading “‘This is our moment,’ premier tells CTO summit”

by Shaun Connolly
October 28, 2025

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 …

Continue reading “Territory eyes Africa business”

by Shaun Connolly
October 27, 2025

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 …

Continue reading “VI repped at fintech event in Singapore”

by Shaun Connolly
October 21, 2025

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 …

Continue reading “Youths Urged To Bank On Success”

by Shaun Connolly
October 21, 2025

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 …

Continue reading “Premier touts prospects for Prospect Reef”

by Shaun Connolly
October 14, 2025

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 …

Continue reading “Bellevue baker honoured as ‘unsung hero’”

by Shaun Connolly
October 13, 2025

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 …

Continue reading “Tourism plan, policy delayed again”

by Allison Vaughn
October 10, 2025

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 …

Continue reading “UK debt-ratio deal crucial to airport project”

by Shaun Connolly
October 7, 2025

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 …

Continue reading “26 interns get a taste of financial services”

by Shaun Connolly
October 6, 2025

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 …

Continue reading “Smith: Civil service letting down businesses, public”

by Shaun Connolly
October 3, 2025

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 …

Continue reading “Premier ‘hopeful’ UK will help expand airport”

by Shaun Connolly

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