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Finance and Business

February 4th, 2024
VI staff celebrates CIBC FirstCaribbean’s rebrand

ROAD TOWN, Tortola, VI – CIBC FirstCaribbean unveiled its rebranded regional bank, CIBC Caribbean on January 30, 2024, promising it is not just a “cosmetic change but a strategic move to position ourselves as a modern, forward-thinking institution.”

January 31st, 2024
JvD residents charged ‘exorbitant’ electricity bills for standby generator- Hon Skelton

ROAD TOWN, Tortola, VI- Opposition Leader Hon Ronnie W. Skelton (AL) has claimed that residents of Jost van Dyke (JvD) are being faced with “exorbitant” electricity bills due to the high costs associated with running a temporary generator on that island.

January 29th, 2024
Water could be coming to farmers @ Paraquita Bay- Smith-Berkeley

ROAD TOWN, Tortola, VI- The vexing issue of water for farming continues to be a challenge for farmers who use the Paraquita Bay lands on Tortola to plant and rear livestock. However, according to information from the House of Assembly Standing Finance Committee (SFC) Report, this is expected to be addressed.

January 29th, 2024
Jamaican allegedly denied entry into VI although a Belonger- Hon Fraser claims

ROAD TOWN, Tortola, VI- A Jamaican who is a Virgin Islands Belonger was allegedly denied entry to the Territory as they were not a holder of a Virgin Islands (VI) visa, Opposition Member and Third District Representative Hon Julian Fraser RA has claimed.

January 26th, 2024
BVI Tourist Board to manage VI Festival & Fairs Committee

ROAD TOWN, Tortola, VI- The Cabinet of the Virgin Islands has approved the transfer of the functions of the VI Festival and Fairs Committee (VIF&FC) to the BVI Tourist Board (BVITB).

January 26th, 2024
Over $76M to pay civil servants, excluding Payroll Taxes, SS, NHI & Statutory subventions

ROAD TOWN, Tortola, VI- The cost of the civil servant is growing as more and more Heads of Departments and Ministries are asking for more staff.

January 25th, 2024
Adam Goldberg 'falsely purporting to be licensed'- BVIFSC

PASEA ESTATE, Tortola, VI – The British Virgin Islands Financial Services Commission (BVIFSC) is alerting the public that Adam Goldberg has never been licensed or regulated as a person or entity by the FSC to carry on any type of financial services business.

January 25th, 2024
BVIFSC confirms executive appointments of Leon A. Wheatley & Tashel Martin-Jackson

PASEA ESTATE, Tortola, VI- The BVI Financial Services Commission (BVIFSC) recently confirmed the executive appointments of Mr Leon A. Wheatley and Mrs Tashel Martin-Jackson.

January 22nd, 2024
Unite BVI to help rebuild ASPS, move VI full S.T.E.A.M. ahead!

ROAD TOWN, Tortola, VI- Unite BVI, which is part of the Sir Richard CN Branson’s Virgin Group, has committed to help rebuild the Althea Scatliffe Primary School and also help move the [British] Virgin Islands education system full S.T.E.A.M. ahead.

January 22nd, 2024
Unprecedented Success: Record-Breaking Cruise Arrivals

ROAD TOWN, Tortola, VI- The British Virgin Islands Ports Authority (BVIPA) proudly announces a major achievement in its maritime operations, with a record-breaking number of cruise passenger arrivals throughout the entirety of 2023. This accomplishment not only underscores the strategic significance of the BVI Ports Authority but also solidifies its position as a key player in the region.

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