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News

April 28th, 2020
COVID-19: Hire BVI survey says just 4% of businesses increased salaries

ROAD TOWN, Tortola, VI - Local employment website HIRE BVI has published the findings of a recent study predicting dire economic projections for the Virgin Islands as a result of the COVID-19 pandemic, with debt collection a shared challenge for local companies and just 4% increasing salaries.

April 16th, 2020
Premier bombarded by women on WhatsApp to open hair salons!

DUFFS BOTTOM, Tortola, VI – Petitioning the House to ask questions after key statements on COVID-19, Third District Representative in the Virgin Islands (VI) House of Assembly, Hon Julian Fraser RA (R3) has asked for Government to consider adding nail salons to the list of approved businesses as part of the phased opening after the COVID-19 lockdown.

April 1st, 2020
Banco Popular VG to reopen ahead of next complete lockdown

ROAD TOWN, Tortola, VI- Premier and Minister of Finance, Hon Andrew A. Fahie (R1) says banks are on the list of essential services allowed operation ahead of a complete COVID-19 lockdown on Saturday evening, April 4, 2020 through Thursday, April 16, 2020 in the first instance.

March 14th, 2020
CORONA: The economics of fear

By Dickson C. Igwe

The US Stock exchange has dropped into bear market territory. There has been a sustained downturn in the US stock market for the first time since Donald Trump became President in 2016.

March 6th, 2020
This Week We Feature Young Professional Alliston A. Blyden

By Ron O. D’Avilar

An inability to complete his college studies at the H. Lavity Stoutt Community College (HLSCC) did not stop father of two, Alliston A. Blyden from forging a path through Entrepreneurship to build a better life.

February 28th, 2020
This Week We Feature Young Professional Tanniqua M. Baptiste

By Ron O. D'Avilar

23-year-old Tanniqua M. Baptiste of Fat Hogs Bay, Tortola, is charting her own course in life and in the cosmetology field with the establishment of her own manicure salon called 'TBeauty'.

February 27th, 2020
VI should have diversified economy earlier rather than later- Lisa Penn-Lettsome

BAUGHERS BAY, Tortola, VI - Executive Director of International Business in the Virgin Islands, Mrs Lisa Penn-Lettsome says the drop in the Territory's financial services sector was mathematically forecasted based on growth figures from the last 20 years, hence, strategies should have been in place to counter the drop in the sector.

February 13th, 2020
Less penalty time, more storage costs for containers sitting @ BVIPA facilities

ROAD TOWN, Tortola, VI - Importers and owners of containers who utilise the services of the BVI Ports Authority (BVIPA) will soon find themselves paying more if containers are not cleared swiftly at the facility in Port Purcell.

February 9th, 2020
'D-Tan Spot': McLean family opens business on Brandywine Bay Beach

BRANDYWINE BAY, Tortola, VI - A new family business called 'D-Tan Spot' sprung up its umbrellas yesterday, February 8, 2020, on the white sandy shores of Brandywine Bay Beach on Tortola, Virgin Islands.

February 7th, 2020
Gov’t partnering with USVI to lower food cost – Premier Fahie

BAUGHERS BAY, Tortola, VI – The high cost of food in the Virgin Islands (VI), has long been a contentious issuing plaguing locals and authorities; however, a solution may be on the way.

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