News
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.
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.
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.
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.
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.
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).
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.
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.
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.
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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