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News

August 15th, 2018
‘Public Registers’ danger demand greater focus & investment in VI Tourism—Wheatley

NEW YORK, NY, USA – There are serious economic and financial implications for the Virgin Islands (VI), as a consequence of the United Kingdom's (UK) decision, to impose public registers of beneficial ownership on the Overseas Territories (OTs), and in order to compensate, Tourism will have to take on a much more prominent role as a driver of economic growth in the medium and longer term.

August 14th, 2018
Re-balancing the VI economy in wake of 'Public Registers Decision'

By E. Benito Wheatley

There are very serious economic and financial implications for the Virgin Islands (VI), as a consequence of the United Kingdom's (UK) decision, to impose public registers of beneficial ownership (public registers) on the Overseas Territories (OTs).

May 17th, 2018
‘The spirit of the people is what tells our story’ – Kedrick D. Pickering

WICKHAM’S CAY II, Tortola, VI - Dr The Honourable Kedrick D. Pickering (R7), Deputy Premier and Minister for Natural Resource and Labour, during a consultation meeting with Florida Caribbean Cruise Association Operations Committee on May, 14, 2018 at the Moorings Conference Room stated that tourism involves not just one person but everybody in the territory, while emphasising that whatever needs to be done to get the cruise industry up and running, it should be done.

March 20th, 2018
Scrub Island Resort reopens; Little Dix Bay Resort closed until 2019!

VALLEY, Virgin Gorda, VI- Hurricanes Irma and Maria had a devastating impact on the tourism industry, including damaging some of the major resorts across the Territory.

February 26th, 2018
If you do nothing else for BVI, bring direct flights - Morley to Branson

WICKHAM’S CAY II, Tortola, VI- There was loud applause and cheers of agreement when Chairwoman of the Miss World Organisation Julia E. Morley challenged British billionaire and Virgin Islands’ Belonger Sir Richard C.N. Branson to bring direct flights to the Virgin Islands.

December 26th, 2017
Two cruise ships in port today; Taxi drivers 'thankful & hopeful'

ROAD TOWN, Tortola, VI- Every time a cruise ship docks in the Virgin Islands it is a welcomed sight, as the vessels were missing for months after hurricanes Irma and Maria assaulted the Virgin Islands in September.

November 25th, 2017
Cleaning up after Irma

By Dickson Igwe

The following story is on the economics of disaster. Hurricane Irma, a monster Hurricane, struck the Virgin Islands on September 6, 2017. Irma was the strongest hurricane to have visited the Caribbean in recorded history. Its impact on the Virgin Islands meant the worst disaster to visit the Virgin Islands since the 1800s. Irma was the Virgin Islands 911.

November 21st, 2017
Premier Smith defends controversial 'open for business' statement

ROAD TOWN, Tortola, VI - With many people jobless, homeless, without adequate food and water, the conditions of the roads in a horrible state and many places yet to be properly cleaned up following hurricanes Irma and Maria, there was much criticism when Premier and Minister of Finance Dr The Honourable D. Orlando Smith (AL) made a statement back in October that the 'BVI is open for business'.

October 14th, 2017
USVI to open for cruise ships Nov. 11, 2017

VI CONSORTIUM

FREDERIKSTED, St Croix, USVI— US Virgin Islands (USVI) Governor Kenneth E. Mapp shared during his Friday evening, October 13, 2017, press briefing what he considered to be a lot of good news, ranging from additional linemen coming into the territory, his talks with congresspeople that went well relative to funding for the USVI, and a surge in cruise calls to the islands following the passage of hurricanes that ravaged multiple Caribbean destinations.

July 4th, 2017
U-turn! Airport expansion needed now to boost tourism- Hon Fahie

ROAD TOWN, Tortola, VI - On previous occasions, Honourable Andrew A. Fahie (R1), Leader of the Opposition, was in support of the airport runway extension project at Terrance B. Lettsome International Airport, being delayed and stated that the Virgin Islands (VI) could not afford such a project; however; during his address at the 2017 Territorial Day celebrations, the Opposition leader, for the first time expressed his support for the airport expansion to start now.

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