News
FSC begins maintenance of Beneficial Ownership Register
PARAQUITA BAY, Tortola, VI- Effective January 2, 2025, the BVI Financial Services Commission (FSC) began maintaining registers of beneficial ownership for all registered BVI Business Companies and Limited Partnerships.
Premier Wheatley says he’s ‘optimistic’ about VI’s future
ROAD TOWN, Tortola, VI- Premier and Minister of Finance Dr the Honourable Natalio D. Wheatley (R7) has said he is optimistic about the future of the Virgin Islands (VI) and that the economy is growing.
Cane Garden Bay Beach Hotel & Rhythm & Sands Restaurant & Bar now open
CANE GARDEN BAY, Tortola, VI- The Vanterpool family opened two new businesses, Cane Garden Bay Beach Hotel by MHV and Rhythm and Sand Restaurant and Bar, in Cane Garden Bay on Friday, November 29, 2024.
Many investors cry foul over UK sanctions extended to VI, hurting business
ROAD TOWN, Tortola, VI- The average resident may not know that the United Kingdom (UK) Global Anti-corruption Sanctions enforced by His Majesty’s Treasury Department are having a devastating effect on the Virgin Islands (VI) economy.
60% of Caribbean Organisations Delayed in Digital Transformation
KINGSTON, Jamaica- Digicel Business launched its third Digital Transformation Report, in collaboration with Symptai Consulting Ltd, and delved into the progress and challenges faced by businesses across the region. Evolving from the need for digital transformation that the Covid-19 pandemic highlighted, this report provides an understanding of the current regional state of readiness and actionable insights to navigate this journey.
30 applications received for Small Business Grant
ROAD TOWN, Tortola, VI- Thirty (30) applications have been received for the Small Business Development Grant Programme aimed at empowering local entrepreneurs and stimulating economic growth in the Virgin Islands (VI).
'Gov’t business travel must be worth it' – Hon Lorna G. Smith
BAUGHERS BAY, Tortola, VI - Deputy Premier and Minister for Financial Services, Labour and Trade Hon Lorna G. Smith, OBE said travelling on official business for the Government of the Virgin Islands (VI) must bring returns for the territory.
When Capital Thrives
Dickson C. Igwe
There are seven pillars upon which capital and growth rest and thrives, Virgin Islands capital from preceding narratives is the land, human resources, technology, learning, and finance that drives the economy and national prosperity.
Business Watch: Coconut Lounge @ CBR TPP
WICKHAMS CAY, Tortola, VI - Coconut Lounge located at the Cyril B. Romney Tortola Pier Park describes itself as a quaint and sophisticated restaurant and bar offering fast-casual dining and a unique social experience.
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.

