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March 30th, 2024
Value & Supply Chain

Dickson C. Igwe

OK. The scope, type, and value of capital assets sitting in the Virgin Islands require observation, assessment, and evaluation. Why? Detailed assessment of the wealth-generating assets of the Virgin Islands – the capital mix- is beneficial for economic and social planning. It is also important information for organizations and businesses, both local and international. The innovative management of capital is key to the Virgin Islands' prosperity.

February 3rd, 2024
Money Matters BVI launches 4th annual Piggy Bank Pageant

ROAD TOWN, Tortola, VI – Money Matter VI (MMBVI), the financial literacy function at the BVI Financial Services Commission, has announced the launch of its fourth annual Piggy Bank Pageant (PBP) in the Virgin Islands.

January 27th, 2024
VI Deposit Insurance Corporation launched to usher in new era of Financial Security

ROAD TOWN, Tortola, VI - The Ministry of Finance has announced the establishment of the Virgin Islands Deposit Insurance Corporation (VIDIC), a crucial step towards enhancing financial security for depositors within the Territory of the Virgin Islands.

November 11th, 2023
Youth & Capital

Dickson C. Igwe

The story of capital and social inequality offers the assertion that in a world ruled by capital, it is imperative young Virgin Islanders and residents understand economics and finance.

November 4th, 2023
The Capital Mix

Dickson C. Igwe

The story on capital in the series asks a question relevant to the layperson in economics: What mix of scarce resources best fits in with the outcome and vision of an investor, policy maker, or even a consumer looking at starting a business? That is key to why the creative management of capital is vital for prosperity.

September 30th, 2023
‘Glamour FX Trade Ltd’ falsely purporting to have license in VI- FSC

PASEA ESTATE, Tortola, VI - The BVI’s Financial Services Commission (FSC) in a September 22, 2023, public statement said that in order to protect the customers, creditors, or persons who may have been solicited to conduct business by GLAMOURFXTRADE, or Glamour FX Trade Ltd., as well as to bring awareness to the public; has noted that the entity has never been licensed or regulated by the FSC to carry on any type of financial services business in the Virgin Islands.

September 30th, 2023
Debt generates wealth

Dickson C. Igwe

Capital ownership has driven increasing social and wealth inequality practically everywhere. Social inequality is a global phenomenon driven by the power of capital, and the owners of capital. Capital- human and physical assets that generate wealth- tends to increase the wealth and power of those who control capital. Today, wealthy capitalists own the most powerful corporations and practically run the world.

December 6th, 2022
Revenues from money transfers dropped in 2022 compared to 2021– Premier

ROAD TOWN, Tortola, VI – The Government of the Virgin Islands earned less from money transfer revenues in 2022 compared to 2021, according to Virgin Islands Premier and Minister of Finance, Dr the Hon Natalio D. Wheatley (R7).

May 28th, 2022
Premier affirms Unity Gov’ts commitment to fighting money laundering

ROAD TOWN, Tortola, VI – Virgin Islands Premier and Minister of Finance, Dr the Hon Natalio D. Wheatley has affirmed his Government’s commitment to fighting money laundering and other financial crimes in the VI.

April 23rd, 2022
BVIAA employees to receive reimbursement for COVID pay cut

BEEF ISLAND, VI – Employees of the BVI Airport Authority (BVIAA) will be reimbursed for monies cut from their salaries during the early months of the COVID-19 pandemic according to Premier Andrew A. Fahie.

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