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News

December 17th, 2019
Another Christmas in ‘far from ideal conditions’- Gov Jaspert

ROAD TOWN, Tortola, VI- It appears His Excellency Governor Augustus J.U Jaspert is not too impressed by the state of recovery since the 2017 hurricanes destroyed the Virgin Islands.

December 16th, 2019
Hon Vanterpool wants elected Reps to stop assisting persons financially

ROAD TOWN, Tortola, VI- Opposition legislator Honourable Mark H. Vanterpool (R4) has called for the $10,000 per month given to each District Representative to assist constituents, be instead channelled to the Social Development Department in the Ministry of Health.

December 16th, 2019
Gov't rubbishes claims of developing a new digital currency

ROAD TOWN, Tortola, VI - The Virgin Islands Government has shut down claims that it is developing a new digital currency called 'BVI~LIFE' through a partnership with blockchain startup LifeLabs, as reported by some local and international media agencies.

December 15th, 2019
VI & Airbnb ink Hotel Accommodation Tax agreement

ROAD TOWN, Tortola, VI - The Virgin Islands (VI) and booking service Airbnb have official inked agreements for the voluntary collection of the Hotel Accommodation Tax on transient occupancy.

December 14th, 2019
The Thrift Paradox

By Dickson C. Igwe

There are two types of player in the market economy: the producer and the consumer. Producers and consumers can be further described as savers and spenders; and lenders and borrowers. This is an important dichotomy of the marketplace.

December 13th, 2019
'Govt’s goal is to have 60% renewable energy by 2030'- Premier Fahie

ROAD TOWN, Tortola VI - With Anegada on track to have the first Hybrid Renewable Energy System under the state-owned BVI Electricity Corporation (BVIEC), Premier and Minister of Finance, Hon Andrew A. Fahie (R1) says the aim of his government is to accelerate Green Development in the territory.

December 13th, 2019
NAGICO receives prestigious BVI Finance ‘Insurance Agency of the Year’ Award

ROAD TOWN, Tortola, VI- NAGICO Insurances has been recognised for its continued exemplary service by winning the BVI Finance’s Insurance Agency of the Year Award which celebrates the vital role played by the company in the financial services industry and the wider Virgin Islands community.

December 12th, 2019
28 companies visit site for Anegada Hybrid Renewable Energy Project

THE SETTLEMENT, Anegada, VI- Representatives of 28 companies, from as far as Spain and the United Kingdom (UK), travelled to Anegada for a site visit with the BVI Electricity Corporation (BVIEC) on Wednesday, December 11, 2019 as the territory moves closer to installing the first Hybrid Renewable Energy system under the state-owned corporation.

December 12th, 2019
UPDATE: 2020 Budget Debate rescheduled to Friday, Dec 13, 2019

ROAD TOWN, Tortola, VI – The 2020 budget debate scheduled for today, December 12, 2019, has been rescheduled to tomorrow, Friday, December 13, 2019.

December 10th, 2019
Food stamp rule change could affect hundreds of US Virgin Islanders

VI CONSORTIUM

FREDERIKSTED, St Croix, USVI- The Donald J. Trump administration will soon implement rules meant to tighten work requirements for recipients of the Supplemental Nutrition Assistance Programme, known as SNAP or food stamps, which could potentially render hundreds of US Virgin Islanders ineligible for assistance by mid-2020.

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