News
VI seeking ‘greater presence’ in China’s AI powerhouse sector Qianhai- Premier
ROAD TOWN, Tortola, VI—The Government of the Virgin Islands has plans to “functionalise” a key Memorandum of Understanding (MOU) with China’s Shenzhen’s special free trade innovation zone, Qianhai, by 2026.
Don't do business with Oliver Virtanen- FSC
PASEA ESTATE, Tortola, VI- The Financial Services Commission (FSC) is advising the public to refrain from conducting business with Oliver Virtanen.
Industrial trade growth between VI & China 'increasing year on year'– Hon Smith
ROAD TOWN, Tortola, VI– Deputy Premier and Minister for Financial Services, Labour and Trade Hon Lorna G. Smith, OBE (AL) has disclosed that trade between the [British] Virgin Islands (VI) and China continues to grow yearly.
Some in VI 'believe all the wealth only belongs to them'– Hon Smith
DUFF'S BOTTOM, Tortola, VI- Deputy Speaker of the House of Assembly Honourable Neville A. Smith (AL) has criticised what he deemed as the culture where some sections of society endeavour to prevent children of the working class from becoming wealthy.
'We are going to fight’ until marijuana bill is assented - Premier Fahie
FAHIE HILL, Tortola, VI – Virgin Islands (VI) Premier and Minister of Finance, Hon Andrew A. Fahie (R1) says his administration intends to fight the hold-up of the Cannabis Licensing Act until it is assented to.
VI lost potential investors due to hold up of Cannabis Bill- Premier Fahie
DUFF'S BOTTOM, Tortola, VI – Premier and Minister of Finance, Hon Andrew A. Fahie (R1) has said that as a result of the hold-up of the Cannabis Bill, passed since June 2020 in the Virgin Islands House of Assembly (HoA) for the territory to establish a medicinal marijuana sector, the territory has already lost some potential investors.
LIAT could be back in the skies again as early as November
VI CONSORTIUM
ST JOHN’S, Antigua, – The cash-strapped regional airline, LIAT, which is undergoing a restructuring programme, is likely to return to the skies in November, a senior government minister in Antigua has said.
‘Money Matters BVI’ to expose local Pyramid & Ponzi schemes
ROAD TOWN, Tortola, VI - Residents in the Virgin Islands (VI) are being encouraged to tune into a discussion via the 'MONEY MATTERS BVI' Facebook page or ZBVI Radio station on Sunday, August 23, 2020, at 2:00 pm as the team will delve into how Ponzi and Pyramid Schemes work and why they are poor financial investments.
More business ventures & jobs coming- Allison Petrus aka ‘Allie’
FISH BAY, Tortola, VI- The Government of the Virgin Islands (VI) has stated publicly that it will be throwing its full support behind businessman Allison Petrus aka ‘Allie’ and family to encourage them in their endeavour to undertake more business ventures in the Territory and ultimately creating employment.
Investment(s): We should be the Primary Investors
By Donald E. de Castro
Greed started taking this Territory on its way to self-destruction when it first embraced financial services and our political leaders and many business leaders have continued to encourage it.

