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News

April 5th, 2025
Maritime (Amendment) Bill 2025 approved with amendments

ROAD TOWN, Tortola, VI- The Merchant Shipping (Amendment) Bill 2025, promulgated by Premier and Minister for Finance, Dr the Honourable Natalio D. Wheatley (R7), was approved on March 31, 2025—with further amendments.

April 5th, 2025
USVI: Governor Bryan to attend Seatrade Cruise Global

VI CONSORTIUM

MIAMI, Florida, USA- Governor Albert A. Bryan Jr. will travel to Miami, Florida from April 5 through April 10 to attend the 2025 Seatrade Cruise Global Conference, an annual summit that brings together leading figures from the international cruise and maritime industries.

April 4th, 2025
Gov’t & Governor mum on 10% tariff imposed on VI

ROAD TOWN, Tortola, VI- US President Donald J. Trump’s latest executive order, which establishes a baseline 10% tariff on all US imports beginning April 5, 2025, has sent shockwaves through the Caribbean Community (CARICOM), sparked retaliation from China and the European Union, and set the stage for a significant realignment in global trade.

April 4th, 2025
Cost of electricity in VI could increase with Trump's tariffs- BVIEC GM

LONG BUSH, Tortola, VI— Due to the ongoing global tariff war, the price of electricity could increase for Virgin Islanders.

April 3rd, 2025
Local entertainment & reflections kickstart VP Bank’s 30th anniversary year

WICKHAM'S CAY II, Tortola, VI- To begin celebrations for its 30th anniversary in November 2025, VP Bank (BVI) Limited hosted an evening filled with local entertainment and moments of reflection on its shared success.

April 3rd, 2025
Republic Bank (BVI) Ltd joins Virgin Islands Deposit Insurance Corporation

ROAD TOWN, Tortola, VI- Republic Bank (BVI) Limited has announced its official recognition as a member of the Virgin Islands Deposit Insurance Corporation (VIDIC).

April 3rd, 2025
BVIEC revises customers’ electricity bill format for more transparency

LONG BUSH, Tortola, VI- When the next electricity bill cycle comes around, customers of BVI Electricity Corporation (BVIEC) will notice more information provided in their bills.

April 3rd, 2025
10% tariff on VI as President Trump announces sweeping global tariffs

WASHNGTON DC, USA— US President Donald J. Trump on Wednesday, April 2, 2025, confirmed the institution of the trade levies against more than 180 countries, including a 10% tariff hike on the Virgin Islands (VI) imports into that jurisdiction, and other Caribbean territories.

April 3rd, 2025
Merchant Shipping Amendment Bill ensures VI retains Cat 1 status- Hon Smith

ROAD TOWN, Tortola, VI- Hon Lorna G. Smith, OBE, (AL), the Junior Minister for Financial Services and Economic Development, said amendments to the Merchant Shipping Bill will ensure the Virgin Islands (VI) retains its Category 1 status.

April 3rd, 2025
Over $60K raised during 2024 Walk for the Cure

ROAD TOWN, Tortola, VI- The funds raised during the 2024 CIBC Caribbean Walk for the Cure campaign in the Virgin Islands, totalling over $60,000, were officially presented to the BVI Cancer Society and National Epidemiologist Ms Harmony Brewley-Massiah to support cancer research, patient care, and awareness initiatives, on March 27, 2025.

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