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Finance and Business

July 6th, 2025
Premier Wheatley attending 49th CARICOM Heads of Government Meeting in Jamaica

MONTEGO BAY, Jamaica- Premier and Minister of Finance Dr the Honourable Natalio D. Wheatley (R7) is away from the Virgin Islands from July 5 to July 9, 2025, attending the 49th Regular Meeting of the Conference of Heads of Government of the Caribbean Community (CARICOM) in Montego Bay, Jamaica.

July 5th, 2025
USVI: Trump signs bill to keep rum tax rate @ $13.25 benefiting U.S. Territories

VI CONSORTIUM

WASHINGTON D.C., USA- President Donald Trump signed H.R. 1, dubbed the “One Big Beautiful Bill Act,” into law on July 4, securing a historic victory for Puerto Rico and the U.S. Virgin Islands by permanently setting the rum cover-over rate at $13.25 per proof gallon. The provision, a cornerstone of the tax reconciliation package, ends decades of uncertainty for the territories by ensuring a stable flow of federal excise tax revenues from rum production, projected to deliver over $1 billion c

July 5th, 2025
VI’s Climate Change Trust Fund to launch @ UN Conference in November

Road Town, Tortola, VI- The Virgin Islands Climate Change Trust Fund will officially be launched internationally this November at the UN Climate Change Conference.

July 3rd, 2025
Social Security Board celebrates its 45th anniversary

ROAD TOWN, Tortola, VI- The Virgin Islands Social Security Board (SSB) is celebrating its 45th anniversary this year and has unveiled an anniversary logo.

July 3rd, 2025
Tenders invited for removal & disposal of derelict vessels from SCB Harbour

SEA COWS BAY, Tortola, VI- The Virgin Islands Recovery and Development Agency (RDA) is inviting tenders from eligible and qualified contractors for the removal and disposal of derelict vessels from the Sea Cows Bay Harbour.

July 2nd, 2025
18 Pool Technicians in VI receive international certification

ROAD TOWN, Tortola, VI- Eighteen pool technicians in the Virgin Islands have been certified after completing a two-day Certified Pool/Spa Operator (CPO) training programme held at Maria’s By the Sea on June 27 and 28, 2025.

July 2nd, 2025
Despite the complaints, ‘you are living your best life’ in VI- Claude O. Skelton-Cline

BAUGHERS BAY, Tortola, VI- Talk show host and pastor Claude O. Skelton-Cline has said everyone is living their best lives in the Virgin Islands (VI) right now.

July 2nd, 2025
BVIEC reports 24% reduction in electricity costs for recent billing cycles

LONG BUSH, Tortola, VI- The British Virgin Islands Electricity Corporation (BVIEC) Financial Controller, Mr Florencio Taray, has addressed frequently asked questions from the public regarding the revised, transparent electricity bill that came into effect in April 2025.

July 1st, 2025
Elvin G. Grant questions $7.25 minimum wage taking effect today

BAUGHERS BAY, Tortola, VI- Talking Points co-host Elvin G. Grant has said the cost of living and minimum wage in the Virgin Islands (VI) need to be looked at by the government.

June 30th, 2025
Governor should allow our systems to 1st be exhausted- Skelton-Cline

BAUGHERS BAY, Tortola, VI- Although criticised for showing zero faith in local systems and procedures by stating he was asking the governor to investigate matters relating to the closure of the Bank of Asia (BVI) Ltd and government’s investment in it, the controversial Opposition Leader Hon Myron V. Walwyn (R6) has; nevertheless, reportedly gone ahead and officially written his request to Governor Daniel Pruce.

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