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News

November 18th, 2022
New era! WINAIR acquires 2 ATR aircraft

SIMPSON BAY, St Maarten – Winward Islands Airways International (WINAIR), which services the region, including the [British] Virgin Islands, has announced the acquisition of two (2) ATR 42-500 series aircraft, one of which will fly to Terrance B. Lettsome International Airport on Beef Island.

July 20th, 2022
Interpath expanding into VI with acquisition of Kalo

ROAD TOWN, Tortola, VI - Interpath Advisory, the independent financial advisory business, today, July 20, 2022, announced the acquisition of Kalo, the restructuring, insolvency, and advisory firm with operations in the [British] Virgin Islands (VI), the Cayman Islands and Anguilla.

February 7th, 2022
Global law firm HFW launches VI office

ROAD TOWN, Tortola, VI- Global law firm HFW has launched in the [British] Virgin Islands by acquiring the office of offshore law firm Lennox Paton.

August 25th, 2021
Global reinsurer Peak Re to fully acquire NAGICO Insurances

ROAD TOWN, Tortola, VI- NAGICO Insurances, the largest privately owned General Insurance company in the Caribbean, has announced that definitive agreement has been reached for full acquisition by Peak Reinsurance Company Limited (Peak Re), a Hong Kong-based global reinsurer.

April 19th, 2021
'Drag racing stadium' could be built @ Beef Island- Premier

ROAD TOWN, Tortola, VI- The Government of the Virgin Islands is advancing talks for the ‘Hung Land’ at Beef Island to expand the Terrance B. Lettsome International Airport and perhaps add a drag racing stadium.

June 5th, 2020
Republic Bank to ‘invest in local talent’; Retains all Scotiabank staff

ROAD TOWN, Tortola, VI- Republic Financial Holdings Limited (RFHL) completed its acquisition of Scotiabank’s operations in the [British] Virgin Islands on May 31, 2020, and all 51 staff members of former Scotiabank have been retained.

October 29th, 2019
Turnbulls to receive compensation for land encroachment after 47 years – Dr Wheatley

ROAD TOWN, Tortola, VI- The Turnbull family of Myers Estate on Tortola will be compensated by the Government of the Virgin Islands, nearly 50 years after the Enis Adams Primary School encroached on their property, Minister for Education, Culture, Youth Affairs, Fisheries and Agriculture Dr the Honourable Natalio D. Wheatley (R7) has said.

September 15th, 2014
Digicel Completes Acquisition of Submarine Fibre Assets Across the Caribbean

ROAD TOWN, Tortola, VI - Digicel has received the required approvals from Government and regulatory authorities with regard to its purchase of a submarine fibre network across the Caribbean region from the Guadeloupe-based Loret Group and Caribbean Fibre Holdings and the transaction is now complete, it was announced today.

May 17th, 2013
UPDATE: Sasha Hodge acquitted on criminal proceeds charge

ROAD TOWN, Tortola, VI – The Court dismissed charges against Sasha Hodge today, May 17, 2013 and Senior Magistrate Tamia Richards instructed that the defendant was free to go after several delays occurred in delivering the decision in her trial.

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