BVI News

Archive for September, 2023

Local financial compliance firm fined $120K

Local financial compliance firm fined $120K

The BVI Financial Services Commission (BVIFSC) has imposed an administrative penalty of $120,000 against TMF (BVI) Ltd. TMF BVI is a company which provides critical compliance and administrative services for trusts and companies registered in the territory. The BVIFSC – […]

by / on September 27, 2023 at 6:18 AM /
Premier off to Monaco Yacht Show to boost BVI

Premier off to Monaco Yacht Show to boost BVI

Premier and Minister of Finance Dr Natalio Wheatley is currently attending the prestigious Monaco Yacht Show until October 1st and is expected to be engaged in issues that will help to bolster the territory’s interests. A government recent release noted […]

by / on September 27, 2023 at 6:09 AM /
Lead organiser of the 'We the People are Fed Up' motorcade protest, Cindy Rosan-Jones during the event on Saturday, June 12.

I’m giving the gov’t one year to get it right — Rosan

Political commentator Cindy Rosan has stated that she is willing to stage a protest against the current government if their performance doesn’t improve after a year in office. Rosan made the comment on the Tola Radio while advancing a discussion […]

by / on September 27, 2023 at 6:06 AM /
Bvi honours six centenarians

Bvi honours six centenarians

Some say age is just a number. But in the presence of a centenarian, age becomes an accomplishment worthy of celebration. It was in that spirit that six of the territory’s centenarians were recently honoured by the Minister for Social […]

by / on September 27, 2023 at 6:03 AM /
Her Majesty's Prison in Balsam Ghut.

Gov’t must upgrade BVI’s prison — Vincent Wheatley

Social Development Minister Vincent Wheatley has called on the government to ensure that it continues to value the rights of inmates at His Majesty’s Prison (HMP). Wheatley argued that, despite the heinous crimes some of the prisoners may have committed, […]

by / on September 26, 2023 at 12:30 PM /
The incinerator/waste facility at Pockwood Pond on Tortola.

Incinerator should be back online soon

Efforts are underway to get the incinerator at Pockwood Pond back online after more than a year of inactivity. That’s the commitment given by Director of the Waste Management Department, Marcus Solomon, who visited the plant’s manufacturer Consutech Systems LLC […]

by / on September 26, 2023 at 6:16 AM /
Workers on Asphalting paver machine during Road street repairing works

Patch-and-go roads will cost more in the long run — Penn

Eighth District Representative, Marlon Penn has warned the government against settling for what he described as a patch-and-go approach to fixing the territory’s roads, insisting that it will ultimately be an expensive exercise for the territory. “We need to get […]

by / on September 26, 2023 at 6:13 AM /
Deputy Premier and Labour Minister Lorna Smith

Banks need to be more generous

Banks in the BVI need to be more generous as they consider loans from applicants in the territory Deputy Premier, Lorna Smith, said in the House of Assembly (HOA) recently. Smith, who is also the Minister for Financial Services, Labour […]

by / on September 26, 2023 at 6:11 AM /
Premier Dr Natalio Wheatley. (GIS Photo)

Lorna Smith is doing great work — Premier

Premier Dr Natalio Wheatley has commended Deputy Premier Lorna Smith for the work the first-time legislator has been doing since she took office earlier this year. Smith – the Minister for Financial Services, Labour & Trade – held a series […]

by / on September 26, 2023 at 6:05 AM /
Guyana, Venezuela clash over oil reserves

Guyana, Venezuela clash over oil reserves

As Guyana continues to chart a course for development resulting from its new-found oil reserves, the country is facing renewed issues with its neighbour Venezuela. Venezuela and Guyana share a border and have had serious clashes in the past over […]

by / on September 26, 2023 at 6:02 AM /