News
799 new businesses opened in 2020 & 2021 during pandemic– Premier
DUFF'S BOTTOM, Tortola, VI – Despite the adverse economic impacts of the COVID-19 pandemic, coupled with a decline in employment during the 2020 and 2021 period due to the temporary or permanent closure of some businesses, some 548 and 251 new businesses opened in 2020 and 2021 respectively.
Anegada residents to benefit from business development training
PARAQUITA BAY, Tortola, VI - Residents on Anegada will be sharpening their skills in developing business plans and draft applications for the future use of commercial land at an upcoming workshop in November.
Interpath expanding into VI with acquisition of Kalo
ROAD TOWN, Tortola, VI - Interpath Advisory, the independent financial advisory business, today, July 20, 2022, announced the acquisition of Kalo, the restructuring, insolvency, and advisory firm with operations in the [British] Virgin Islands (VI), the Cayman Islands and Anguilla.
VI musician Avery F. Felicien releases new 'Rock Star' Album
ROAD TOWN, Tortola, VI- Musician Avery F. Felicien has a full-time day job and is a farmer at heart. While he spends his days working at a resort, Mr Felicien still finds time to plant crops as well as craft up new music, which resulted in the release of his latest album “Rock Star.”
Agriculture, fisheries & inflation
Dickson C. Igwe
Food-sufficient countries frequently possess a vibrant internal market culture. This is a way of life driven by farming and associated commercial activity. Food and drink are critical for human existence and form a major part of household budgets, for the mass of the population. Then rising food prices are a major contributor to inflationary pressures. People cannot choose not to eat.
Gun Creek port will also cater to VI’s billionaire visitors– Hon Flax-Charles
GUN CREEK, Virgin Gorda, VI- Junior Minister for Trade and Economic Development, Hon Shereen D. Flax-Charles (AL) says the revamped Captain Owen G. Harrigan Visitor Centre in Gun Creek, Virgin Gorda will also cater to billionaire visitors who use the territory as their "playground".
VI’s rebirth a constant source of excitement- Hon Flax-Charles
GUN CREEK, Virgin Gorda, VI- Jr Minister for Trade and Economic Development, Hon Shereen D. Flax-Charles (AL) says seeing the VI return to normalcy has been a constant source of excitement, as a representative of the people whose first love is for the country.
Premier Fahie announces more tax cuts on cement, propane gas imports
ROAD TOWN, Tortola, VI – Virgin Islands (VI) Premier and Minister of finance, Hon Andrew A. Fahie (R1) has announced further tax reduction on the price of cement and gas to mitigate the effects of rising global costs on prices in the VI, as a result of COVID-19 and the Ukraine-Russia conflict.
Hons Smith & Vanterpool exempted from vacating seats; To enter contracts with Govt
DUFF'S BOTTOM, Tortola, VI- Two members of the House of Assembly (HoA) who are on the verge of conducting business with the Government of the Virgin Islands have been exempted from vacating their seats in the HoA after motions brought by Premier and Minister of Finance Hon Andrew A. Fahie (R1) were passed without debate.
National AML/CFT Strategic Action Plan set for HoA tabling
ROAD TOWN, Tortola, VI - The Cabinet of the Virgin Islands (VI) has referred to the HoA, the AML/CFT Policy as considered and approved by the National Anti-Money Laundering and Terrorist Financing Coordinating Council (NAMLCC) with the aim of minimising the Territory’s risks of money laundering (ML) and terrorist financing (TF).
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