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Countries having information on any BVI company involved in illegal activities should bring it directly to the attention of the territory. Premier Dr. D. Orlando ...

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BVI residents travelling by sea to shop in neighbouring St. Thomas will not be significantly affected by the impending increase in departure tax at local ports, ...

18 Comments

Three days after the government announced hikes in the departure tax at sea ports, the Royal Virgin Islands Police Force (RVIPF) has disclosed its own set of ...

Also posted in Crime/Police | 21 Comments

Government’s decision not to answer queries about the proposed cruise-ship pier expansion, has prompted Opposition member Andrew Fahie to request a review of ...

17 Comments

Members of the Opposition Virgin Islands Party (VIP) will today try to trace the $15 million they borrowed while in government to address sewage issues in sections ...

3 Comments

Chancellor George Osborne, the UK’s finance minister, said he understands that the financial services industry is crucial to many of its overseas territories. ...

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The fact that a number of business establishments here in the BVI have no one designated to address concerns raised by customers is not going down well with social ...

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The Chairman of the BVI Chamber of Commerce and Hotel Association (BVICCHA) has sought to clarify a call he recently made for a commission of enquiry into the ...

11 Comments

Dr. Kedrick Pickering yesterday stated that, with more than 100 different nationalities here in the BVI, he has been doing the ‘balancing act’ as the ...

Also posted in General | 16 Comments

Chancellor of the Exchequer George Osborne has strongly welcomed news that all those British Overseas Territories with significant financial centres have signed up ...

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Opposition member Andrew Fahie on Tuesday called for the government to introduce legislation aimed at keeping local banks under closer supervision. He claimed that ...

19 Comments

LONDON, England, Thursday May 2, 2013 – Investors in the cash-strapped Caribbean investment firm Harlequin Property fear massive losses after Harlequin’s sales ...

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The duty reprieve granted to merchants last year was not expected to result in significant savings for both businesses and consumers, according to Premier Dr. D. ...

9 Comments

Sir Winston Churchill will feature on the new design of a banknote which will enter circulation in 2016, the Bank of England has announced. The wartime ...

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Opposition member Julian Fraser has brought to the attention of the House of Assembly, concerns about the notable difference in cost of living on the islands that ...

5 Comments

Despite calls by successive BVI governments for its people to spend their money at home, local consumers continue to contribute significantly to the economy of the ...

39 Comments

The New Peebles Hospital accounts for 83.73% of the national debt of the British Virgin Islands, according to Premier and Minister of Finance Dr. D. Orlando Smith. ...

Also posted in General | 42 Comments

The British Virgin Islands International Finance Centre (BVIIFC) has launched a standalone micro-website, ‘BVIfacts.info’, as a direct response to those reports. ...

Also posted in GIS News | 12 Comments

Managing Director of Necker Island Sir Richard Branson said the current group of BVI politicians wants to make a difference. “The politicians whom I have met in ...

32 Comments

The BVI should voluntarily cut its expenditure before it is eventually mandated to do so by agencies including the International Monetary Fund (IMF), warned social ...

9 Comments

“A ferry system won’t work” ̵...

“A ferry system won’t work — the oceans are too rough, the price of fuel is too high and the islands are too far apart,” said Chief Executive Officer of ...

Also posted in Development | 11 Comments

LONDON, England — Britain’s Chancellor of the Exchequer George Osborne is reportedly finalising measures to clamp down on two Caribbean tax havens. Under ...

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If the UK recovery is dependent on revenues from Chancellor George Osborne’s much publicised tax crackdown on Caribbean financial centres then he is in for a rude ...

12 Comments

The British Virgin Islands (BVI) has entered another week with another financial services-related controversy; this time sparked by an article published in the April ...

6 Comments

The BVI International Finance Centre (IFC), which helps to promote and market the BVI as a leading financial centre, said it is pleased with the support it has been ...

1 Comment

The issue of residents travelling overseas to shop returned the House of Assembly this week with two legislators indicating that the controversial practice may ...

59 Comments

‘Inject some money into the econom...

Government should issue more petty contracts to create additional jobs in the local economy, according to Opposition member of the House of Assembly Julian Fraser. ...

20 Comments

Admitting there was an ‘isolated’ and ‘illegal’ leak of sensitive financial services information, the government of the BVI has launched an investigation ...

Also posted in General | 33 Comments

It appears a BVI company had bought a five-bedroom house owned by former UK Prime Minister Margaret Thatcher and located at Chester Square in Belgravia, London. ...

18 Comments

Under brand new management, Western Union BVI has removed the $2.50 security fee it once charged customers and has started to accept transactions on Saturdays. ...

6 Comments

Fahie’s point of order in the Hous...

Government has withdrawn the Virgin Islands Treasury Forensic Examination Report that was laid on the table of the House of Assembly last Thursday. The report is an ...

6 Comments

Premier Dr. D. Orlando Smith has disclosed that his administration was contemplating the imposition of fee increases up to yesterday, but he noted that his ...

10 Comments

While the House of Assembly on Monday evening passed a motion to establish a Committee to examine the local financial services industry, two legislators raised grave ...

11 Comments

Government has defended BUPA Insurance Company’s new policy which requires public sector workers to fork out $250 for medical treatment. Describing the move as ...

Also posted in Health | 22 Comments

Politician, businessman and Managing Director of the Virgin Islands Stand Point Elton Callwood says the current government is not listening to the concerns of the ...

Also posted in Politics | 7 Comments

THE GUARDIAN STORY (UK):  The prime minister has come under pressure to act against Britain’s secretive offshore industry at June’s G8 summit, as ...

59 Comments

Despite the alarming results and the poor fiscal management of the territory’s finances between 2008 and 2011 as outlined in ‘the Government of the Virgin ...

Also posted in All News | 2 Comments

Online media “prostituted” j...

Managing Director of Virgin Islands Standpoint Elton Callwood said  the emergence of the online media in the BVI has prostituted journalism in the territory. ...

30 Comments

NO WORRIES: BVI finds “most effici...

The BVI has found a way to adhere to both the United States and United Kingdom FATCA initiatives in a way that still protects the interest of the territory as a ...

6 Comments

As the VI Standpoint newspaper announces its temporary closure due to financial pressures, President of the BVI Chamber of Commerce Jamal Smith said many other small ...

14 Comments

Poor customer service from the local ferry service is a top priority by the BVI Tourist Board. Director of Board Sharon Flax-Mars announced at an industry meeting on ...

Also posted in Tourism | 13 Comments

VI Standpoint newspaper to close

Another local business has fallen due to financial problems. The latest victim, the VI StandPoint, will cease publication “temporarily” at the end of this month, ...

26 Comments

Claiming that American Eagle’s exit from the BVI has triggered much panic locally, social commentator Natalio ‘Sowande’ Wheatley has called for more efforts to ...

20 Comments

The National Democratic Party administration is trying to allay fears that privately-owned insurance companies may increase their rates in other areas if they lose ...

Also posted in Health | 2 Comments

After more than 25 years of operating in the British Virgin Islands, American Eagle has ended its operations in the territory having its last flight on Sunday ...

2 Comments

Owner of Aiyana, the largest yacht in the BVI Spring Regatta & Sailing Festival, Peter Corr was full of enthusiasm for racing again in the British Virgin Islands ...

Also posted in Sports, Tourism | Leave a comment

The National Democratic Party administration has announced a review of the duty concession which it implemented for merchants just over a year ago. Premier Dr. D. ...

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Premier Dr. D. Orlando Smith said his government’s intention to build the mega and super yacht business has been strengthened by the staging of recent regattas ...

Also posted in General | 10 Comments

Few months after Opposition member Julian Fraser raised concern that the tax-break offered to merchants just over a year ago has not been reflected in food prices, ...

32 Comments

The Water and Sewerage Department has received good reviews so far on the implementation of their new Customer Care Services Division as it continue to improve ...

Also posted in All News | 2 Comments

Deputy Premier and Minister for Natural Resources and Labour Kedrick Pickering continues to agitate for Virgin Islanders to attain a full understanding of the ...

8 Comments

The British Virgin Islands (BVI) has renewed links with investors and businesses from the Middle East, and has reaffirmed the positive advantages of doing business ...

4 Comments

The Court of Appeal of the Eastern Caribbean Supreme Court on Monday, 11 March handed down an important ruling on the question of where investors stand in the ...

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Natural Resources Minister Dr. Kedrick Pickering tells fishermen that they should be responsible for the Sport Fishing Industry in the territory and it should not be ...

5 Comments

VI Air Link to get any opportunity legal...

Territorial member of the House of Assembly Archibald Christian has promised that the National Democratic Party administration will give local carrier VI Air Link ...

6 Comments

“Trickle-down economics is not gonna w...

Claiming that the government had failed to prepare for the effects of the global recession, businessman Elton Callwood has declared that the BVI will not ...

13 Comments

‘The Economist’ recognises BVI as a ...

In a special report by ‘The Economist’, the BVI has been recognised as a major financial centre with a strong role to play in the global economy. The Economist ...

10 Comments

Financial Services Day – ‘Hit’...

Financial Services Day, hosted by the BVI International Finance Centre (IFC) on Tuesday, was well received by many of the Territory’s high school seniors. During ...

Also posted in Youth/Education | 1 Comment

IFC head reaffirms role to enhance and p...

In reaffirming the BVI International Finance Centre’s role to further enhance and promote the reputation of the Territory, IFC Executive Director Ms. Elise ...

1 Comment

BVI to seek out new financial services n...

The Premier and Minister for Finance of the British Virgin Islands, Orlando Smith, has said the government will aim to set the territory apart from its competitors ...

4 Comments

Governor, Premier praise Victor Johnson&...

Governor Boyd McCleary believes that the chairman of Oil Nut Bay Victor (David) Johnson is one of the main contributors to the development of the BVI over the years. ...

10 Comments

National debt grows by $73M over last de...

Financial Secretary Neil Smith this morning revealed startling figures which show a huge growth in the national debt, and the economy losing its vigour to the extent ...

36 Comments

EasyPay launches LIME bill payments

EasyPay has launched LIME as a new biller into their bill payment system and the long awaited ability for LIME customers to pay bills at EasyPay’s conveniently ...

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FSC: New Director, Legal and Enforcement...

The British Virgin Islands Financial Services Commission (FSC) has today confirmed the appointment of Ms. Dawn Smith as the new General Counsel/Director, Legal and ...

5 Comments

Global unemployment rising again but wit...

Global unemployment rose in 2012 after falling for two straight years and could further increase in 2013, the International Labour Organization (ILO) has warned in a ...

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