"The light that comes from wisdom never goes out"
The Virgin Islands government has “significant reservations” about a draft order in council on public registers of beneficial ownership, according to Premier Andrew Fahie. The draft, which was published on …
Continue reading “UK publishes draft order for public registers”
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 …
Despite considerable outcry from tourism stakeholders, government announced on Tuesday that it won’t budge on its four-day quarantine rule for anyone entering the territory when borders open to tourists on …
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 …
Continue reading “VG admin building, Tortola roads to get work”
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 …
New funding has been provided to facilitate repairs to the Road Town Police Station and the Magistrates’ Court from damage caused by the 2017 hurricanes, and three “deeds of contribution” …
Continue reading “RDA gets funding for police, court facilities”
Five years after the United Kingdom finished paying off a longstanding debt that funded reparations to slave owners for loss of income following the abolition of slavery in the early …
With less than seven weeks until the Virgin Islands’ borders are set to reopen to non-residents for the first time since late March, government has launched a series of meetings …
Continue reading “Draft reopening protocols complete but not public”
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 …
Continue reading “Premier softens position on public registers”
A recent uptick in cases of Covid-19 in the Virgin Islands meant that community members couldn’t host any sort of large gathering on Sunday to reflect on the past three …
Though the annual Emancipation Service could not be held in person due to Covid-19 precautions, viewers who tuned in to a virtual version of the event last week still got …
The Telecommunications Regulatory Commission failed to collect nearly $23 million in levies due from licensed operators since 2007, and it now has been charged with getting those funds, Premier Andrew …
Continue reading “Telecommunications commission eyes $23m in uncollected levies”
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 …
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 …
Continue reading “$194k contract awarded for Great Mountain road”
Last week, Republic Bank Managing Director Michelle Palmer-Keizer spoke to one of her customers, a small-business owner who had received a six-month moratorium on her bank loan. “She said, ‘I’m …
A taxpayer-funded report from an Atlanta-based consultant engaged in December to assess the future of air transportation in the Virgin Islands is “before the [BVI Airports Authority] board and not …
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 …
During last year’s election campaign, now-Premier Andrew Fahie opposed the incumbents’ rush to extend the Beef Island runway following the government’s receipt of a $153 million bid from the China …
Continue reading “Airport expansion in the works once again”
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 …
Continue reading “HOA votes to levy 7% tax on sending money via money services”
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 …
Continue reading “Cabinet okays ‘interim’ stimulus framework”
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 …
Continue reading “Law helps financial services shift abroad in crisis”
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 …
Continue reading “Quarantined: Business editor recounts journey back to VI”
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 …
Continue reading “Carolyn O’Neal Morton to head Premier’s Office”
