Finance and Business
‘We are allowing non-VIslanders to own the marine industry'- Skelton-Cline
BAUGHERS BAY, Tortola, VI- Highlighting the lack of regulations in the marine industry in the Virgin Islands, Commentator Mr Claude O. Skelton-Cline has said the government must find a way to support local ferry operators, as they are being forced out of business.
Exclusive: 'Fixing deficiencies raised by FATF makes VI stronger’- Hon Lorna G. Smith
STRASBOURG, France- Junior Minister for Financial Services, Trade and Economic Development Hon Lorna G. Smith, OBE (AL) has reassured the people of the Virgin Islands (VI) that being included on the Financial Action Task Force’s (FATF) ‘grey list’ will not negatively impact the territory.
VI working to implement FATF targeted measures for compliance
ROAD TOWN, Tortola, VI- In light of the Virgin Islands recently being placed on the Financial Action Task Force’s (FATF) ‘grey list’, targeted measures outlined by the FATF is being implemented.
Hypocritical Walwyn wants Governor to investigate Gov’t's $5M deposit in Bank of Asia
BAUGHERS BAY, Tortola, VI- The man who has in the past lambasted the governor and has fiercely criticised legislators for seeking the help of the governor, Opposition Leader Honourable Myron V. Walwyn (R6), has now made a U-turn and has called on the governor to investigate the deposit of five million dollars into the now defunct Bank of Asia by the government.
BVIAA took proactive steps ahead of Silver Airways shutdown- Kurt A.G. Menal
TRELLIS BAY, Beef Island, VI- Silver Airways has ceased all operations today, Wednesday, June 11, 2025, in Florida, the Bahamas, and the Caribbean, and the BVI Airports Authority (BVIAA) has taken proactive steps to address the void in air travel this would cause.
Over 10k attend VI-sponsored Mubadala New York Sail Grand Prix
MANHATTAN, New York, USA- The British Virgin Islands Tourist Board & Film Commission (BVITBFC) has announced the successful conclusion of its sponsorship of the Mubadala New York Sail Grand Prix, held June 7–8, 2025, at Governors Island, New York.
VI delegation attending Plenary Session of Financial Action Task Force in France
ROAD TOWN, Tortola, VI- The Government of the Virgin Islands has announced that an official delegation is attending a joint Plenary session of the Financial Action Task Force (FATF) and MONEYVAL in Strasbourg, France, from June 10 to June 13, 2025.
No timeline for airport Business Case disclosure- Premier
ROAD TOWN, Tortola, VI- Premier and Minister of Finance, Dr the Honourable Natalio D. Wheatley (R7), has admitted that he is currently unable to say when the Business Case for the proposed expansion of the Terrance B. Lettsome International Airport will be brought before Cabinet or made public.
VG Bayside Blazers present championship trophy to Biras Creek Resort
NORTH SOUND, Virgin Gorda, VI- While others are playing rematch, there is still only one championship team in the recently concluded Kings of the Courts Caribbean Championship 2025 held in the Virgin Islands (Tortola) from May 14 to 18, 2025.
Fish processing component dropped from Paraquita Bay project- Premier
ROAD TOWN, Tortola, VI— The fish processing element of the Government’s proposed food processing plant at Paraquita Bay has officially been removed from the project scope due to budgetary constraints, according to Premier and Minister of Finance Dr the Honourable Natalio D. Wheatley (R7).
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