Finance and Business
‘Electricity is the lifeblood of the economy’- Hon Skelton
ROAD TOWN, Tortola, VI- Opposition Member, Hon Ronnie W. Skelton (AL), has said the Bill amending BVI Electricity Corporation’s (BVIEC) rates will also affect some smaller businesses.
Higher prices for big businesses under new BVIEC rates
ROAD TOWN, Tortola, VI- The House of Assembly has approved a motion to amend the Statutory Rates, Fees and Charges Act, 2005, paving the way for a targeted adjustment to electricity rates aimed at improving the financial sustainability of the BVI Electricity Corporation (BVIEC).
VI ranks among Top 3 Fastest-Growing Cruise Destinations in Caribbean
PORT PURCELL, Tortola, VI- The Virgin Islands (VI) is making significant strides in Caribbean cruise tourism, ranking third among the 10 fastest-growing cruise destinations in the Caribbean, according to new Caribbean Tourism Organization (CTO) data highlighted by Caribbean Journal.
$562,100 contract signed to repair Nurse Iris O'Neal Medical Centre's roof
VALLEY, Virgin Gorda, VI- Work on the roof of the Nurse Iris O’Neal Medical Centre on Virgin Gorda will commence soon, following the signing of a $562,100 contract between the Government of the Virgin Islands and Professional Roofing Ltd.
Aquatic Rentals suspending ferry service between VI & USVI from August 31, 2026
WEST END, Tortola, VI- In what has come as a surprise to many, Aquatic Rentals Ferry Service has announced it is discontinuing its ferry service between the Virgin Islands (VI) and the US Virgin Islands (USVI).
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USVI: OCR says cannabis cultivation could begin within weeks
VI CONSORTIUM
CHARLOTTE AMALIE, St. Thomas, USVI- Licensed cannabis cultivation could begin in the Virgin Islands within weeks, while at least two dispensaries may be ready to open before the end of 2026, Office of Cannabis Regulation Executive Director Joanne Moorehead told lawmakers Friday. Commercial sales, however, cannot begin until a product-testing laboratory is operational, with stakeholders advising OCR that the facility could be ready “by October.”
Temporary wharfage calculation issue- HM Customs
ROAD TOWN, Tortola, VI - HM Customs Department has advised customs brokers, importers, and traders of a temporary system issue affecting the calculation of wharfage on certain Customs Declarations (TDs).
'We are deeply grateful for the overwhelming concern'- Omar’s VG
VALLEY, Virgin Gorda, VI- Omar’s VG Restaurant has issued a statement on the early morning fire that destroyed the business along with Game Over, claiming that the fire did not originate at the restaurant.
Airport on VG to reopen Friday, August 7
VALLEY, Virgin Gorda, VI- The BVI Airports Authority (the Authority) wishes to advise the travelling public that the Virgin Gorda International Airport will reopen at 2:00 p.m. on Friday, August 7, 2026 following a brief operational closure.
$2.5M Delta Capital Ltd investment: Bishop Cline wants answers
CANE GARDEN BAY, Tortola, VI — Former Interim President of the National Democratic Party, Bishop John I. Cline, has demanded greater transparency from the Virgin Islands Government over the investment of US$2.5 million in financial institution Delta Capital Partners Limited in Jamaica.
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