"The light that comes from wisdom never goes out"
A group of around 40 of what BVI Chamber of Commerce and Hotel Association Chairwoman Shaina Smith called the “unsung heroes” of the Virgin Islands economic recovery gathered on Tuesday …
Continue reading “Business and government share dialogue in “solution forum””
The BVI International Arbitration Centre will host its third International Arbitration Conference next week as part of the Virgin Islands’ years-long effort to become a hub for out-of-court dispute resolution. …
The Virgin Islands will soon launch an investment promotions agency called BVI Invest, which will work to attract foreign investment to the territory, leaders announced. BVI Invest will be part …
The six young competitors who vied to design a logo for the government’s new Innovative Business Lab set to launch next year are getting a lesson in working for demanding …
Continue reading “Logo designers go back to the drawing board”
Echoing a push in the United Kingdom and its territories toward greater corporate transparency, the United States House of Representatives last week passed a bipartisan bill requiring companies to disclose …
Continue reading “US moves toward registers of beneficial ownership”
“There are a lot of big deals in this room,” said emcee Kareem-Nelson Hull as he surveyed a conference room full of dozens of young Virgin Islands entrepreneurs at the …
The Virgin Islands financial services industry has seen “minimal” impact from the recent pro-democracy protests in Hong Kong, Premier Andrew Fahie said while answering a question from Opposition Leader Marlon …
Continue reading “Premier sees “minimal” impact from Hong Kong protests”
An amendment to the Beneficial Ownership Secure Search System Act, which was rushed through the House of Assembly on Friday, is designed to pave the way for the new rules …
During the coming tourist season, people arriving in St. Thomas after sunset Friday through Sunday may be able to take a ferry to Tortola if the BVI Tourist Board succeeds …
Last week, a patient who previously couldn’t feel one of his arms left Bougainvillea Clinic with a new lease on life after doctors there performed a vertebral disc replacement surgery …
The BVI Ports Authority has issued a request for proposals for firms to conduct a forensic audit of the agency’s accounts, which could be the first actual audit conducted for …
Continue reading “BVI Ports Authority planning forensic audit”
The Virgin Islands financial services industry continued a downward slide in the second quarter of 2019, incorporating 6,365 new companies to turn in its worst quarter since 2003, when the …
The Organisation for Economic Cooperation and Development is the latest financial body to issue a warning that the global economy is weakening. In its latest Interim Economic Outlook, released last …
Continue reading “OECD: Global economy increasingly fragile”
The Virgin Islands is one of the 10 economies in the world that together host more than 85 percent of an estimated $15 trillion in “phantom investments” annually, according to …
A total of 12,945 insurance claims totalling more than $918 million have been filed relating to the August floods and September hurricanes of 2017, according to a report from the …
Continue reading “FSC: Insurance payouts from 2017 disasters top $828m”
This winter, Virgin Islands residents seeking a new career path may want to consider one they may have thought only existed in English manor houses or on television: butler. “We …
Continue reading “Revamped Rosewood Little Dix Bay prepares to reopen”
Next month, the European Union will revamp its methodology for compiling its anti-money laundering blacklist, after a previous list was blocked by EU governments that objected to the listing of …
Continue reading “EU anti-money laundering blacklist to be revisited”
Despite the Tuesday closure of a major Florida port and Tropical Shipping’s temporary suspension of sailings due to Hurricane Dorian, the average Virgin Islands consumer needn’t worry, according to Chris …
Continue reading “No food shortages due to Hurricane Dorian”
Hong Kong leader Carrie Lam on Tuesday refused to budge on the demands of the pro-democracy protesters marching through the streets of the Chinese territory, even as the demonstrations became …
The BVI Electricity Corporation has been granted an injunction against BVI Cable TV after claiming that the cable company was “creating safety risks” to the public and BVIEC employees by …
Aspiring marine professionals will get new opportunities to train in all aspects of the industry after Premier Andrew Fahie launched the new “Back to the Sea” Maritime Industry Training Programme …
The Virgin Islands Trade Commission Act, which sets out a framework needed to complement the proposed Consumer Protection Act, was sent to a select committee in the House of Assembly …
Javier Smith, as a freelance boat captain, thought he could anticipate his guests’ every need. But it wasn’t until he visited Miami for a friend’s birthday party that he realised …
The legal framework of the Virgin Islands, along with those of 11 other low- and no-tax jurisdictions, has been declared “not harmful” by the Organisation for Economic Cooperation and Development …
“Digitalisation is our ticket,” Jennifer Potter-Questelles, deputy managing director of corporate services at the Financial Services Commission, said last week during the FSC’s annual Meet the Regulator forum. To help …
Continue reading “FSC to invite applications for fintech “sandbox””
