News
VI economy gets top credit rating from regional entity
ROAD TOWN, Tortola, VI- Despite the challenges of 2017 floods and hurricanes, the global pandemic and an imposed Commission of Inquiry that drained the public of its human resources, the resilient and astute leadership of the territory has done more than just kept the economy above waters.
VI’s rebirth a constant source of excitement- Hon Flax-Charles
GUN CREEK, Virgin Gorda, VI- Jr Minister for Trade and Economic Development, Hon Shereen D. Flax-Charles (AL) says seeing the VI return to normalcy has been a constant source of excitement, as a representative of the people whose first love is for the country.
Premier Fahie announces more tax cuts on cement, propane gas imports
ROAD TOWN, Tortola, VI – Virgin Islands (VI) Premier and Minister of finance, Hon Andrew A. Fahie (R1) has announced further tax reduction on the price of cement and gas to mitigate the effects of rising global costs on prices in the VI, as a result of COVID-19 and the Ukraine-Russia conflict.
VIP Gov't ‘among highest’ C’bean rating for good financial stewardship- Premier
CAPPOON’S BAY, Tortola, VI– The Virgin Islands Party (VIP) Government led by Premier and Minister of Finance Honourable Andrew A. Fahie (R1) has received a ‘AA-’ rating grade from the Caribbean Information and Credit Rating Services Limited (CariCRIS) over its good financial stewardship in the region.
VI economy ‘constantly & consistently progressing with recovery’- Premier
ROAD TOWN, Tortola, VI- Devastated by the hurricanes of 2017 and then severely impacted by the global coronavirus pandemic, the ever-resilient Virgin Islands may have been battered with blows but has not gone down for the count. In fact, like ‘Rocky’, it is fighting its way back with grit and steely determination.
Gov’t will continue to advance 'Good Governance' in VI – Premier in 2022 message
ROAD TOWN, Tortola, VI – Virgin Islands Premier and Minister of Finance, Hon Andrew A. Fahie (R1) has given his commitment to advancing the concept of good governance in the VI, as part of his New Year’s Day 2022 message to the people of the territory.
VI publishes first ‘Ecosystem Accounts’ for environmental accountability
ROAD TOWN, Tortola, VI - The Virgin Islands has published the 2019 ecosystem accounts that would provide evidence to support environmental and economic management for the Territory.
Hon Penn predicts bleak future for VI without expat workers
ROAD TOWN, Tortola, VI – Virgin Islands Opposition Leader Hon Marlon A. Penn (R8) is predicting a bleak economic future for the territory should expat workers leave and fuel a labour shortage.
New VI calypso ‘No UK rule in this county’ launched
BAUGHERS BAY, Tortola, VI - A group of Virgin Islanders from the Virgin Islands Communal Association has compiled a calypso song that has slammed any form or possible attempt by the United Kingdom (UK) to impose direct rule in the territory at the conclusion of the UK-backed Commission of Inquiry (CoI) in the VI.
VI confirms 176 cruise calls @ 2021 Seatrade Cruise Global– Hon deCastro
ROAD TOWN, Tortola, VI - Junior Minister for Tourism, Hon Sharie B. deCastro (AL) has announced that the Virgin Islands (VI) has confirmed a total of 176 Cruise calls at the recent 2021 Seatrade Cruise Global in Miami, Florida.