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Finance and Business

May 2nd, 2018
‘Establishing additional economic pillars now critical’- Hon Fahie

ROAD TOWN, Tortola, VI- There is no surprise that the Territory is on high alert after the United Kingdom (UK) Government on Tuesday May 1, 2018 agreed in the House of Commons to support a bill to make public the beneficial owners of companies in their Overseas Territories (OTs).

May 1st, 2018
'VI Open for business' map app to receive special international award

ROAD TOWN, Tortola, VI - The ‘BVI Open for Business’ map application that was launched on January 5, 2018, by the government following the aftermath of the hurricanes of September 2017 has been selected to receive a Special Achievement in Geographic Information System award.

May 1st, 2018
HoA resumes today May 1, 2018 with Answers to Questions

ROAD TOWN, Tortola, VI- The House of Assembly (HoA) is to resume its sitting today Tuesday May 1, 2018 at the Chambers in Road Town, the capital city, when the Premier and other frontbench Ministers are to answer questions from both Opposition Leader Hon Andrew A. Fahie (R1) and Hon Julian Fraser RA (R3).

May 1st, 2018
Messages of love & anti-racism to Sister ‘Jane’ & Brother ‘What’

Alred C. Frett

This is no Secret so you are allowed to spread it:

Sincere thanks to VINO, BVI News and CBN Radio for carrying my ‘Truth for the Youth’ Messages and extra special thanks for those choosing to listen, read, learn and respond to the Information… Typical Blog Responders are invisible Persons with fake identities, loud opinions and a deep fear of being recognised so I avoid responding to them unless it can be used as a ‘teachable moment’.

May 1st, 2018
UK Parliament agrees to Public Register for OTS

LONDON, United Kingdom- In what has been termed by some as “kicking a man while he is down”, the House of Commons has made a potentially lethal blow to the Financial Services Industry of the Overseas Territories (OTs), including the hurricane ravaged Virgin Islands, by siding with a bill brought by the United Kingdom (UK) backbench to force overseas territories to put in place public registers of beneficial ownership.

April 30th, 2018
‘Pray that God stay the hands of those voting’ on Public Register- Bishop Cline

ROAD TOWN, Tortola, VI- Cognisant of the significant adverse effect public registers revealing the names of beneficial owners of financial offshore companies could have on the Territory’s financial services industry, President of the BVI Christian Council Bishop John I. Cline has called on the churches to pray that a vote in the House of Commons on Tuesday May 1, 2018 will be in favour of the Virgin Islands and other Overseas Territories (OTs).

April 30th, 2018
Import duty exemption post hurricanes was abused- Hon Fraser

ROAD TOWN, Tortola, VI - Honourable Julian Fraser RA, Opposition Member and Third District Representative, during the Fourth Sitting of the Third Session of the Third House of Assembly (HoA) on Friday April 27, 2018, expressed that the exemption import duty system which the government of the day implemented was abused by some persons while the individuals that desperately needed the system did not benefit.

April 28th, 2018
TAG is celebrating Mothers in May

SLANEY POINT, Tortola, VI- Tortola Auto Group (TAG) is inviting all to join the celebration of mothers with their best deals ever in May.

April 28th, 2018
Sharie B.Y. deCastro named to Recovery Agency Board

ROAD TOWN, Tortola, VI- Just as our newsroom had first and accurately reported back in February 2018 Mr Robert A. Mathavious has been appointed Chairman of the Recovery and Development Agency Board mandated by the United Kingdom to manage monies borrowed by the Territory to assist in its recovery and development following the catastrophic hurricanes of September 2017.

April 27th, 2018
They are back! UK’s House of Commons to vote on Public Register for OTs

LONDON, United Kingdom- When the United Kingdom (UK) Upper Chamber, House of Lords, voted down the proposal for Overseas Territories (OTs) to make public registers revealing the names of beneficial owners of financial offshore companies on January 24, 2018, it was known that the next step would be to take the proposal to the House of Commons.



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