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News

January 13th, 2020
VI giving ‘ray of hope’ for improved judicial infrastructure in region- CJ Pereira

ROAD TOWN, Tortola, VI- Chief Justice (CJ), The Honourable Dame Janice M. Pereira, DBE, LLB has called for 2020 to be a year of action in all member states and Territories while noting that the Virgin Islands has given a ray of hope in the area of physical structures and equipment necessary for effective judicial work.

January 13th, 2020
New CDB backed revolving fund created for young entrepreneurs

BAUGHERS BAY, Tortola, VI - Young entrepreneurs in the Virgin Islands (VI) will soon be able to access special business financing from the Caribbean Development Bank (CDB) through the National Bank of the Virgin Islands as part of a new revolving fund to boost local entrepreneurship.

January 13th, 2020
Incinerator will be ‘fully operational’ in 2 weeks- Premier Fahie

CAPPOONS BAY, Tortola, VI- Many persons who showed up at the Cappoons Bay Recreation Grounds on Saturday, January 11, 2020 to hear what Premier and Minister of Finance and First District Representative, Hon Andrew A. Fahie had to say about progress and plans in his constituency were no doubt eager to hear when they would be lifted from their discomfort arising from the incinerator at Pockwood Pond being down for more than a year.

January 13th, 2020
Gov’t seeking to acquire 600 acres of land around TB Lettsome Airport

CAPPOONS BAY, Tortola, VI- The Government of the Virgin Islands is now eyeing some 600 acres of land around the Terrance B. Lettsome International Airport located at Beef Island for development purposes.

January 12th, 2020
UPDATE: Taddy Bay Airport on VG reopens

VALLEY, Virgin Gorda, VI- The Taddy Bay Airport on Virgin Gorda has reopened, less than a week after it was closed due to a problem with the lone fire tender.

January 11th, 2020
NY Times lists VI as #2 travel destination for 2020

ROAD TOWN, Tortola, VI - US publication, The New York Times, has listed the [British] Virgin Islands as the No. 2 must travel tourism destination for the new year 2020 in a raving review that lists the territory as one of 52 top global destinations.

January 11th, 2020
Airplane accident temporarily closes Anegada Airport

BEEF ISLAND, Tortola, VI - The Auguste George Airport at Anegada was yesterday, Friday, January 10, 2020, temporarily closed after a minor accident with an inbound aircraft at around 2:25 pm.

January 11th, 2020
Brexit & Offshore Finance

By Dickson C. Igwe

Brexit will be a boon to the offshore finance industry in the short term, at least

Will Brexit be advantageous to offshore finance? The answer could well be yes.

The European Union is pro-regulation of offshore finance for obvious reasons. The EU is much less of a deregulated economy than a Post Brexit UK is likely to become.

January 10th, 2020
'Virgin Islands tax cooperation with France overlooked'- Premier Fahie

ROAD TOWN, Tortola, VI- The Premier and Minister of Finance of the [British] Virgin Islands Honourable Andrew A. Fahie (R1) has said the good tax cooperation between the [British] Virgin Islands and France has been overlooked in the French Government's decision to include the jurisdiction, among others newly added, to its list of non-cooperative states and territories in tax matters.

January 10th, 2020
Final 2016 increments to be paid by February month end!

ROAD TOWN, Tortola, VI- Deputy Governor David D. Archer Jr has promised public officers that all remaining increments for 2016 will be paid in the next 49 days.

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