On Dec. 1, the Multi-Purpose Sports Complex was transformed into a mini-market as more than 40 youths demonstrated their business prowess at the Department of Youth Affairs and Sports Business …
December 8, 2023
December 5, 2023
International companies eye airport business case
Nearly 50 people from 15 companies around the world attended a pre-tender meeting to discuss a planned business case for the proposed expansion of the Terrance B. Lettsome International Airport. …
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December 4, 2023
Government aims to relaunch business bureau next year
Next year the government hopes to relaunch the National Business Bureau, which hasn’t been operational since 2019, Premier Dr. Natalio “Sowande” Wheatley said last week in his budget address. “In …
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November 29, 2023
Seven Seas getting nearly $1 million monthly on top of water cost
In addition to the cost of water, government is dishing out nearly $1 million per month to Seven Seas Water for operations and maintenance at the Paraquita Bay desalination plant, …
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November 29, 2023
Virgin Gorda gets new flights to Puerto Rico
From Thursday to Monday during this tourism season, travellers will be able to fly between Virgin Gorda and Puerto Rico aboard eight-seater planes operated by the Connecticut-based airline Tradewind Aviation. …
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November 17, 2023
Government promises to tackle high insurance costs
As natural disasters caused by climate change drive up insurance prices here and abroad, the government is planning a raft of measures to ease the burden in the Virgin Islands, …
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November 16, 2023
Committee to review minimum wage
Someone earning minimum wage in the Virgin Islands would make $240 per week while working full-time. In one month, that number would be about $960 before taxes and social security. …
November 14, 2023
Anti-money laundering report set for 2024
A long-awaited anti-money-laundering report crucial to the financial services industry’s international reputation will be finalised and published by early next year, according to Deputy Premier Lorna Smith. “The British Virgin …
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November 10, 2023
Six of 53 apprentices offered jobs
Six of 53 apprentices in various public agencies obtained full-time employment in recent months through government’s Registration, Apprenticeship, Training, Employment and Development (RATED) Programme, according to Premier Dr. Natalio “Sowande” …
November 6, 2023
United Kingdom receives advice on territories, again
As part of efforts to strengthen the overseas territories’ voice in the United Kingdom’s House of Commons, a UK parliamentary committee recently heard testimony from a university professor and the …
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November 3, 2023
Vessel licensing act to be amended
Planned amendments to a 1992 law will aim to reform maritime regulations while promoting a “flourishing” marine industry in the territory, according to Premier Dr. Natalio “Sowande” Wheatley. On Tuesday …
November 3, 2023
Buy BVI back for first time since Irma
For the first time since the 2017 hurricanes, businesses from around the territory showcased their offerings last week at the Buy BVI Trade Expo. The event — which the BVI …
October 28, 2023
East End roads to get better. Here’s how:
The road between Hodges Creek and Paraquita Bay will get a much-needed facelift by late April after government awarded a $2.3 million contract to Northam Construction for road rehabilitation, officials …
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October 28, 2023
European Union removes Virgin Islands from blacklist
Last week, the European Union removed the Virgin Islands from its blacklist of “non-cooperative jurisdictions for tax purposes” more than eight months after giving the territory the designation in February. …
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October 26, 2023
$5.9 million contracted for East End sewage treatment
As part of efforts to tackle a decades-long struggle with wastewater treatment, government signed two contracts worth $5.9 million last week: one to manage and operate the wastewater treatment plant …
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October 24, 2023
Virgin Islands represented at the Annapolis Sailboat Show
After government officials attended a boat show in Monaco in late September, representatives from the Virgin Islands continued to market the territory as a top sailing destination last weekend at …
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October 17, 2023
Virgin Islands returns to Monaco Yacht Show
Officials on Friday touted their recent visit to the 32nd annual Monaco Yacht Show and reiterated their intention to continue marketing the territory as a destination for the world’s most …
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October 17, 2023
Labour policy now in works, deputy premier says
Government is working to create a new labour policy that will address issues including rising unemployment in the territory, according to Deputy Premier Lorna Smith. Ms. Smith — who is …
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October 10, 2023
Second cohort finishes fintech programme 18 professionals graduate
Eighteen professionals recently graduated as the second cohort of the new fintech programme at the Robert Mathavious Institute for Financial Services at H. Lavity Stoutt Community College. During the six-month …
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October 6, 2023
Q2 incorporations hit 23-year low
Company incorporations dropped sharply in the second quarter of this year, continuing a downward trend that could see 2023 set a two-decade record by underperforming successive 20-year lows in 2019 …
October 5, 2023
Shipping Registry set to become statutory body
Legislators recently passed two bills designed to achieve their longstanding goal of replacing the Virgin Islands Shipping Registry with a new statutory body separate from central government. “Today, we propose …
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October 5, 2023
Paraquita desal plant to be handed over in 2030
The Paraquita Bay water plant will be handed over to government in November 2030, according to Communications and Works Minister Kye Rymer. Mr. Rymer provided updates on the facility while …
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September 22, 2023
Trade Commission still not operational
Although a board was appointed in May to oversee the new Trade Commission, the statutory body has not started functioning due to longstanding delays caused by a shortage of human …
September 22, 2023
Huntums Ghut centre promised soon
After years of delays, the government’s Economic Zone project in Huntums Ghut is nearing completion, according to Communications and Works Minister Kye Rymer. “As of September 2023, the project is …
September 18, 2023
Banks had 530 bad loans in Q1
There were 530 non-performing loans across seven banks that operate in the territory as of the first quarter of the year, according to Deputy Premier Lorna Smith. She provided the …
