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Business

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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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by Shaun Connolly
September 29, 2025

VI employment policy in the works

A shake-up of employment practices could be on the way for the Virgin Islands following government engagement with the International Labour Organisation. The Geneva-based ILO revealed this month that it …

Continue reading “VI employment policy in the works”

by Shaun Connolly
September 25, 2025

At expo, residents urged to buy local

The Virgin Islands economy may be struggling in part because too few residents support local businesses, according to Premier Natalio “Sowande” Wheatley. “Persons have said to me that the economy …

Continue reading “At expo, residents urged to buy local”

by Shaun Connolly
September 23, 2025

Business drive pushes into Latin America

Financial services firms in the Virgin Islands have set their sights on the Latin American market with a major push into the region. As part of that effort, the territory …

Continue reading “Business drive pushes into Latin America”

by Shaun Connolly
September 22, 2025

Watchdog takes aim at company-register plans

A United Kingdom transparency watchdog has warned that the Virgin Islands’ plan for a restricted beneficial-ownership register could endanger journalists and others who investigate financial crimes — but VI government …

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by Shaun Connolly
September 15, 2025

Big HR conference coming to VI

The Virgin Islands will host more than 100 delegates from across the region this fall when the 11th Caribbean Tourism Organisation Human Resources Conference comes to Tortola, government announced recently. …

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by The BVI Beacon
September 12, 2025

Smith calls for banks to help start-ups

Following recent promises to provide better service, Virgin Islands banks must stop forcing small firms to “go on their knees” to ask for help, according to Financial Services and Economic …

Continue reading “Smith calls for banks to help start-ups”

by Shaun Connolly
September 5, 2025

Trade show aims to boost business

The BVI Chamber of Commerce plans to use its annual Buy BVI Trade Expo this month as the beginning of a revamp that will include new services and a membership …

Continue reading “Trade show aims to boost business”

by Shaun Connolly
August 19, 2025

VI firms feel pinch as Trump tariffs bite

The global tariff trade war unleashed by United States President Donald Trump has significantly impacted nearly a fifth of Virgin Islands companies that responded to a recent survey conducted by …

Continue reading “VI firms feel pinch as Trump tariffs bite”

by Shaun Connolly
August 2, 2025

Festival set to fire up after slow burn, vendors say

Businesses hoping to cash in at the August Emancipation Festival celebrations reported a slower start than last year, but they said they expect a surge in interest to power the …

Continue reading “Festival set to fire up after slow burn, vendors say”

by Shaun Connolly
July 25, 2025

Asia scholars honoured

Using education to build bridges with Asia will boost the Virgin Islands’ economic growth, according to Premier Natalio “Sowande” Wheatley. The premier made the comments at a Friday recognition ceremony …

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by Shaun Connolly
July 11, 2025

HOA closes labour inspection loophole

A move to rectify a longstanding legislative mistake by validating labour inspections dating back 15 years was pushed through the House of Assembly last week. Premier Natalio “Sowande” Wheatley told …

Continue reading “HOA closes labour inspection loophole”

by Shaun Connolly
July 11, 2025

MPs blast VI company register plans, but Smith fires back

In a scathing attack on the Virgin Islands, two British politicians have called for London to take charge of implementing the territory’s new company ownership register to speed progress and …

Continue reading “MPs blast VI company register plans, but Smith fires back”

by Shaun Connolly
Andrew Mitchell and Lloyd Hatton and Lorna Smith
July 3, 2025

VIDIC seeks new CEO amid bank collapse

The saga surrounding the collapsing Bank of Asia took a new twist Friday when the public agency that triggered its winding-down suddenly advertised for a new CEO. The job advertisement …

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by Rushton Skinner
June 28, 2025

Grey-listing ‘not a setback,’ Smith claims

The government has scrambled to put a brave face on the news that the Virgin Islands was recently placed on a “grey list” of jurisdictions subject to increased scrutiny by …

Continue reading “Grey-listing ‘not a setback,’ Smith claims”

by Shaun Connolly
June 28, 2025

VIDI Corporation still not saying who’s in charge

The Virgin Islands Deposit Insurance Corporation has stayed silent for nearly three weeks after a news report suggested that its CEO had resigned, but recent activity on social media suggests …

Continue reading “VIDI Corporation still not saying who’s in charge”

by Freeman Rogers

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