BVI News

Archive for June, 2025

Power outage hours have been decreasing

Power outage hours have been decreasing

Power outage hours in the BVI have steadily declined, with April recording the lowest outage hours in the past five years, according to General Manager of the BVI Electricity Corporation (BVIEC), Dr Neil Smith. Speaking during a recent Virgin Islands […]

by / on June 9, 2025 at 7:47 AM /
Red Loud campaign tackles public health crisis

Red Loud campaign tackles public health crisis

The BVI Health Services Authority (BVIHSA) launched the Red Loud campaign on Friday, June 6, a public health initiative that seeks to address the growing burden of chronic diseases in the Virgin Islands. The campaign raises awareness about the alarming […]

by / on June 9, 2025 at 7:45 AM /
BVI looks to UK as Trump fights foreign enrolment

BVI looks to UK as Trump fights foreign enrolment

The Ministry of Education recently engaged several UK tertiary schools as part of efforts to create new pathways for BVI scholars amid the United States’ new aversion to international students in its universities. Education Minister Shari de Castro and the president of […]

by / on June 9, 2025 at 7:40 AM /
Smith rejects ‘misleading’ claims about Bank of Asia involvement

Smith rejects ‘misleading’ claims about Bank of Asia involvement

Junior Minister for Financial Services, Labour & Trade, Hon. Lorna Smith, OBE, has categorically rubbished what she described as “speculative and misleading reporting” concerning alleged gross misconduct linked to her former role at Bank of Asia (BVI) Limited, which is […]

by / on June 6, 2025 at 7:52 PM /
Walwyn slams Premier for telling pensioners to get second jobs

Walwyn slams Premier for telling pensioners to get second jobs

Opposition Leader Myron Walwyn and members of the Alliance are criticising Premier Dr. Natalio Wheatley for reportedly suggesting that pensioners in the BVI consider taking second jobs to cope with the rising cost of living. Speaking on the Alliance: Pulse […]

by / on June 6, 2025 at 7:52 AM /
Divide among Opposition factions deepening?

Divide among Opposition factions deepening?

The Alliance has revealed that their two NDP colleagues — Ronnie Skelton and Marlon Penn — recently turned down a meeting that was called to finalize the second motion of no confidence aimed at the Dr. Natalio Wheatley administration. The […]

by / on June 6, 2025 at 7:29 AM /
BVI ranked in top 20 countries enabling financial secrecy

BVI ranked in top 20 countries enabling financial secrecy

The BVI has been ranked 16th on the Financial Secrecy Index 2025, which lists the world’s biggest enablers of financial secrecy out of 141 countries. The Financial Secrecy Index is compiled annually by the Tax Justice Network (TJN), a UK-based […]

by / on June 6, 2025 at 7:22 AM /
Unemployment at historic high, way more than 2.3% — Walwyn

Unemployment at historic high, way more than 2.3% — Walwyn

Opposition Leader Myron Walwyn has disputed government claims that the BVI’s unemployment rate is as low as 2.3 per cent, calling the figure “impossible” and warning that the territory is facing a historic level of joblessness. Speaking during a recent […]

by / on June 6, 2025 at 6:43 AM /
$100M loan accessed, $10M drawn so far

$100M loan accessed, $10M drawn so far

The government has accessed a $100 million loan facility secured from the Canadian Imperial Bank of Commerce (CIBC), with an initial $10 million already drawn, Premier Dr Natalio Wheatley confirmed in the House of Assembly this week. “The answer is yes. […]

by / on June 6, 2025 at 6:35 AM /
New minimum wage phased to avoid cost shocks

New minimum wage phased to avoid cost shocks

The government will introduce the recently approved minimum wage increase in phases to avoid worsening the territory’s rising cost of living, Premier Dr Natalio Wheatley explained this week. On May 28th, Cabinet approved an increase of the minimum wage from […]

by / on June 5, 2025 at 8:01 AM /