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News

January 5th, 2025
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.

December 19th, 2024
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.

November 30th, 2024
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.

November 25th, 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.

October 4th, 2024
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.

October 3rd, 2024
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).

June 26th, 2024
'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.

June 17th, 2024
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.

May 24th, 2024
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.

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.

CG Insurance Office Move


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