Finance and Business
24-Hour Wellness Gym opening in VG today
VALLEY, Virgin Gorda, VI- Mind & Body by Living Fit will officially open its doors today, Saturday, August 15, 2026, marking the launch of a new 24-hour fitness and wellness facility designed to serve Virgin Gorda residents, hospitality workers, and visitors.
Heavy surge caused power outage in many areas on Tortola
LONG BUSH, Tortola, VI- A heavy surge on the electricity system resulted in the loss of electricity to several areas on Tortola today, Saturday, August 15, 2026.
‘ONDE is more than a restaurant’- Mark H. Vanterpool
ROAD TOWN, Tortola, VI- On July 28, 2026, another one of Mark H. Vanterpool’s visions came to reality when ONDE, an Italian restaurant, opened on the waterfront of the Cyril B. Romney Tortola Pier Park.
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VI G'ovt & CDB launch MSME capacity-building series for entrepreneurs
ROAD TOWN, Tortola, VI- The Government of the Virgin Islands, in partnership with the Caribbean Development Bank (CDB), is rolling out a three-part, expert-led training series designed to help local micro, small and medium-sized enterprises (MSMEs) strengthen core business skills and prepare for growth.
‘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.”
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