Government intends to use a portion of the $65 million Caribbean Development Bank recovery loan to build the long-awaited West End ferry terminal, and it is now seeking a consulting …
July 9, 2020
July 1, 2020
June 17, 2020
April 24, 2020
HOA votes to levy 7% tax on sending money via money services
The Financing and Money Services Act 2020, which passed unanimously Friday in the House of Assembly, imposes a seven percent tax on funds sent outside the territory via money services …
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April 20, 2020
Cabinet okays ‘interim’ stimulus framework
The Cabinet has approved certain aspects of an economic stimulus programme designed to help the territory weather the coronavirus pandemic, and full details will be disclosed soon, Premier Andrew Fahie …
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April 13, 2020
Law helps financial services shift abroad in crisis
A law rushed through the House of Assembly last month and Gazetted last Thursday is designed to help the financial services industry continue to work remotely in exceptional circumstances, such …
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March 24, 2020
Quarantined: Business editor recounts journey back to VI
When I left the Virgin Islands on Wednesday, March 11 for a short trip to Austin, Texas, things seemed mostly like business as usual. A brief COVID-19 scare in the …
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March 20, 2020
Carolyn O’Neal Morton to head Premier’s Office
Carolyn O’Neal Morton, a former teacher and head of the Ministry of Education and Culture, has been appointed the new permanent secretary in the Premier’s Office, as Kedrick Malone’s six-month …
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March 13, 2020
Pier Park braces in case of virus
On Tuesday at the Cyril B. Romney Tortola Pier Park, the doors of shops and restaurants were flung wide open to the roughly 4,000 passengers aboard the Disney Fantasy moored …
March 9, 2020
Answers on Tortola Pier Park customs duty raise questions
Last week Premier Andrew Fahie provided some previously missing data on the amount of revenue the Customs Department collected from licensed duty-free merchants at the Cyril B. Romney Tortola Pier …
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February 17, 2020
Plaza partners with government job effort
Thirty Virgin Islanders have jobs because a new gas station and car wash is taking part in government’s “1,000 Jobs in 1,000 Days” programme, officials said this week. Owner Allison …
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February 6, 2020
Business solutions forum topics revealed
The “Business Solutions Forum” on financial services last week was closed to the media, but BVI Finance said in a subsequent press release that the approximately 80 attendees discussed “infrastructure, …
February 3, 2020
Solutions Forum held for financial services
Government held the second of its Business Solutions Forums on Tuesday — though any ideas arising from the forums have yet to be revealed to the public. Tuesday’s forum, held …
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January 23, 2020
Alvera Caines-Maduro, D-6 rep, crosses the aisle to Virgin Islands Party
Seated next to Premier Andrew Fahie during a surprise press conference at Village Cay, Alvera Maduro-Caines announced Monday afternoon that she had resigned from the National Democratic Party and will …
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January 20, 2020
Fahie responds to French blacklisting
Premier Andrew Fahie last week responded to the French blacklisting of the Virgin Islands, calling it a “misunderstanding” involving a delay in responding to French requests for tax information that …
December 4, 2019
Business and government share dialogue in “solution forum”
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 …
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October 30, 2019
Premier sees “minimal” impact from Hong Kong protests
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 …
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September 12, 2019
Vincent Wheatley sworn in as new deputy premier
As officials walked through the doors of the Governor’s Office on Friday morning, some of them joked around with Transportation, Works and Utilities Minister Kye Rymer, saying he wasn’t ready …
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September 12, 2019
Opposition weighs in on loan guarantee
While Premier Andrew Fahie visited London this week following a public spat with United Kingdom officials, opposition members launched a series of community meetings and pushed back against Mr. Fahie’s …
September 9, 2019
Premier’s Office silences RDA CEO
Over the past five weeks, Recovery and Development Agency CEO Paul Bayly scheduled and cancelled three interviews with the Beacon before ultimately declining to speak at the reported request of …
August 22, 2019
Marine training programme launched
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 …
July 26, 2019
Fahie: Airports a ‘rabbit hole’ of mismanagement
The government needs $8.3 million to get the territory’s airports back on track after the newly installed BVI Airports Authority board discovered “a rabbit hole of mismanagement, deception, profligacy, and …
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July 26, 2019
Belongership “fast track” is back again
Beginning yesterday, applicants for permanent residency and belongership have three weeks to apply to the Immigration Department for consideration under the modified “fast-track programme” designed to clear the backlog of …
July 18, 2019
Price control ‘not the focus’ of consumer protection bill
Price control is “not the focus” of the 99-page draft Consumer Protection Act, 2019, said Junior Trade Minister Sharie de Castro (R-at large), even though she acknowledged that price gouging …
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July 11, 2019
Government seeks input on consumer protection bill
The government is holding a series of meetings with business owners and the wider community to gain input in preparation for the second and third readings of the Consumer Protection …
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