Finance and Business
HoA passes 2026 budget of $562M following adjustments
ROAD TOWN, Tortola, VI- The 2026 national budget of the Virgin Islands (VI) has risen by almost twelve million dollars since it was first presented on November 6, 2025, by Premier and Minister of Finance, Dr the Hon Natalio D. Wheately (R7).
$712K contract signed to upgrade Infrastructure within Sabbath Hill
SABBATH HILL, Tortola, VI– Infrastructure within the community of Sabbath Hill is expected to be enhanced in the new year, as the Virgin Islands government signed a contract for the construction of a retaining wall, road pavement and drainage work.
USVI Congresswoman Plasket takes charter fee increase fight to Washington
WASHINGTON DC, USA- The United States Virgin Islands (USVI) is not giving up on fighting what it has deemed harmful charter fee increases by the Virgin Islands (VI).
‘We exist to really support the business community’- Dr Lincoln E. Bobb
ROAD TOWN, Tortola, VI- Deputy Director for Business at the Department of Trade, Dr Lincoln E. Bobb, has underscored the Department’s mission to actively support businesses and strengthen the local economy.
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UK 'open' to reducing VI's borrowing ratio- Premier Wheatley
ROAD TOWN, Tortola, VI- Premier and Minister of Finance Dr the Honourable Natalio D. Wheatley (R7) has said one of the major wins of his recent trip to the United Kingdom (UK) is the issue of the borrowing ratio in the Protocols for Effective Financial Management.
VI & India strengthen financial ties
ROAD TOWN, Tortola, VI- The Virgin Islands government has advanced in steps to strengthen financial ties with the government of India.
Timely & useful donation to Social Services Department by Lesmore Smith
ROAD TOWN, Tortola, VI- Top Priority Security Services has once again facilitated a useful and tangible donation, this time, to the Department of Social Development.
USVI: Stacey Plaskett sues Duane Morris over Epstein-linked lawsuit bills
VI CONSORTIUM
WASHINGTON D.C., USA- Delegate to Congress Stacey Plaskett has filed a civil complaint against law firm Duane Morris over billing confusion.
Drakes Traders Ltd. makes $17.5K donation to FSN & MALE BVI
FISH BAY, Tortola, VI- In the true spirit of the season, Drakes Traders Limited has made over $17,000 in donations to the Family Support Network (FSN) and Mentoring Anointed Leaders Everywhere (MALE) BVI.
NAGICO Insurances repeats as Insurance Services Provider of the Year
ROAD TOWN, Tortola, VI- NAGICO Insurances was awarded Insurance Services Provider of the Year at the 2025 Financial Services Awards, a prestigious honour recognising excellence, innovation, and leadership across the Virgin Islands’ financial services sector.
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