Some of the territory’s largest resorts announced last week that they plan to open their doors either on the same day or shortly after the territory as a whole does …
November 28, 2020
November 21, 2020
CCT sues over telecom levy
CCT and BVI Cable TV are challenging the telecommunications levy that regulators recently decided to start collecting for the first time since the Telecommunications Act took effect in 2006. In …
November 18, 2020
Furlough period extended until February
Amid demands from the business community, Natural Resources, Labour and Immigration Minister Vincent Wheatley has announced that the workforce furlough extension passed in the House of Assembly in June will …
November 18, 2020
Virgin Gorda airport project re-tendered
After announcing in September that two foreign contractors with local partners had bid for the rehabilitation of the existing sand-and-gravel runway at the Taddy Bay Airport in Virgin Gorda, the …
November 16, 2020
Chamber demands another furlough extension
The workforce furlough extension passed in the House of Assembly in June expired on Saturday, and now the BVI Chamber of Commerce and Hotel Association is demanding what it called …
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November 11, 2020
Return to the rock: Saba Rock eyes spring for reopening
At the North Sound outpost Saba Rock Resort, pandemic-related uncertainty hasn’t dampened the determination of the management team to finish re- building and finally reopen more than three years after …
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November 4, 2020
VI slips in Vistra report, but still ranks high
The Virgin Islands again ranked highest in importance among offshore financial centres in this year’s Vistra 2030 report, though it declined slightly when compared to onshore jurisdictions, achieving a rating …
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November 4, 2020
LIAT returns to skies
After dodging the threat of liquidation earlier this year, the troubled Antigua-based airline LIAT returned to the skies on Sunday in its first flight since restructuring began in June. The …
October 29, 2020
VG admin building, Tortola roads to get work
Two Virgin Islands companies received contracts for Hurricane Irma recovery projects amounting to about $2.3 million on Tortola and Virgin Gorda on Friday as the Recovery and Development Agency continued …
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October 23, 2020
D-5 to get ‘economic zone’
A piece of Huntums Ghut land originally intended to house a community centre will fulfill its original purpose and become a zone for Fifth District entrepreneurs to realise their visions …
October 19, 2020
VI drops in financial centre ranking
The Virgin Islands fell 12 spots to a ranking of 72nd out of 111 jurisdictions included in the Global Financial Centres Index 28, the latest edition of an index released …
October 19, 2020
BVITB funds tourism training
“Imagination is a factory that builds legends,” said newly confirmed H. Lavity Stoutt Community College President Dr. Richard Georges, quoting his favourite rapper, Jay Electronica, on Friday. “You have to …
October 14, 2020
BVI Finance responds to FinCEN leaks
Due to the territory’s Beneficial Ownership Secure Search system, the Virgin Islands is better prepared than most other jurisdictions to respond to the types of suspicious activity reports leaked in …
October 14, 2020
Chamber releases protocols government rejected
Rebuffed by government, a task force from the BVI Chamber of Commerce and Hotel Association released last week a comprehensive set of guidelines in an effort to help business owners …
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September 25, 2020
Premier softens position on public registers
Premier Andrew Fahie appears to have softened his government’s stance on the United Kingdom’s push for the overseas territories to enact public registers of beneficial owner- ship by 2023. For …
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September 18, 2020
1,039 businesses qualify for grants
Government announced Monday that 1,039 businesses will receive funds under the $6.5 million Small Business Sector Grant Programme, and 10 others will benefit from a $40,000 United Nations Development Programme …
September 5, 2020
Pinching pennies amid pandemic
In March, just as Covid-19 hit the Caribbean, Peter George, CEO of the Trinidad-based restaurant group Trent Limited, closed his portfolio of eateries before the government made him. “You could …
August 28, 2020
Panel warns about Ponzi schemes in VI
The economic hardships created by the Covid-19 crisis have prompted some desperate residents to put their money in illegal Ponzi and pyramid schemes that can promise as much as a …
August 28, 2020
Gov’t ignored 5 letters, BVICCHA says
Since the BVI Chamber of Commerce and Hotel Association’s Business Task Force first met on March 19, the group has sent the government five letters with situation reports and recommendations …
August 21, 2020
Grants may not be as big as businesses request
Although she reiterated last week that “99.9 percent” of businesses that apply would qualify for the government’s recently launched $6.5 million grants programme, Junior Minister for Trade and Economic Development …
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August 14, 2020
Caribbean Airlines faces challenge to VI expansion
In recent months, Virgin Islands leaders have said that new flights proposed by the Trinidad-based Caribbean Airlines likely would help ease the territory’s air access woes as regional airline LIAT …
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August 3, 2020
Businesses can now apply for grants
According to Karia Christopher, director of the Department of Trade, Investment Promotion and Consumer Affairs, “99 percent of businesses that apply will qualify” for the government’s $6.5 million Small Business …
August 3, 2020
Discovering your own backyard
With borders tightly restricted due to the Covid-19 pandemic, now is a perfect time for a “staycation,” according to tourism-based businesses that have been promoting a variety of packages to …
July 24, 2020
UK singles out VI over company registers
The United Kingdom government singled out the Virgin Islands last week as the sole holdout among the inhabited UK overseas territories and Crown dependencies that has not committed to introducing …
July 22, 2020
$194k contract awarded for Great Mountain road
Government continued its recent series of infrastructure projects last Thursday, with Autland Heavy Equipment Company Limited awarded a contract for $194,065.08 from the Recovery and Development Agency for the first …
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