BVI News

Archive for August, 2025

FirstBank is recognized as nationwide leader in financial performance

FirstBank is recognized as nationwide leader in financial performance

Tortola, Virgin Islands, August 15, 2025 – At a time when the financial environment demands greater agility and strategic focus, First BanCorp has succeeded in distinguishing itself as a benchmark for financial strength in its category. The financial institution, headquartered […]

by / on August 15, 2025 at 11:42 AM /
VIP accused of using $100M loan funds as election bait

VIP accused of using $100M loan funds as election bait

Opposition Leader Myron Walwyn has accused the government of diverting funds from a $100 million loan facility into politically motivated projects instead of solving the territory’s most urgent infrastructure issue — the lack of a consistent supply of potable water. […]

by / on August 15, 2025 at 8:18 AM /
Opposition decries $100K grant to select 7th District businesses

Opposition decries $100K grant to select 7th District businesses

Opposition member Melvin ‘Mitch’ Turnbull has accused the government of unfairly giving $100,000 in public funds to a small number of businesses in the Seventh District, while offering far less territory-wide for entrepreneurs and small businesses. Speaking at an Opposition […]

by / on August 15, 2025 at 8:07 AM /
Walwyn: My relationship with Penn is cordial and professional

Walwyn: My relationship with Penn is cordial and professional

Opposition Leader Myron Walwyn has described his relationship with National Democratic Party (NDP) leader and Eighth District Representative Marlon Penn as “cordial and professional”, despite political differences and separate approaches to opposition work in the House of Assembly. Speaking during […]

by / on August 15, 2025 at 7:56 AM /
Governor asks Auditor General to probe Bank of Asia saga

Governor asks Auditor General to probe Bank of Asia saga

Opposition Leader Myron Walwyn has confirmed that the government’s controversial $5 million deposit in the collapsed Bank of Asia is now under investigation by the Auditor General — a move he is convinced will deliver answers for the people of […]

by / on August 15, 2025 at 7:49 AM /
Premier hints at public campaign on self-determination

Premier hints at public campaign on self-determination

Premier Dr Natalio Wheatley has hinted that a public campaign could be coming to educate the nation on the legacy of colonisation and push for greater self-determination — a matter that has been central to his administration’s mission. Speaking on […]

by / on August 15, 2025 at 7:42 AM /
High Court halts police vetting under new regulations

High Court halts police vetting under new regulations

The High Court has issued an injunction temporarily stopping enforcement of certain provisions of the Police (Amendment) Regulations 2025 that require financial vetting of police officers in the territory. The order, handed down by Acting High Court Judge Akilah Anderson […]

by / on August 14, 2025 at 8:01 AM /
Premier calls for interventions at Elmore Stout High School

Premier calls for interventions at Elmore Stout High School

Premier Dr Natalio Wheatley has called for urgent interventions at Elmore Stoutt High School, citing troubling trends among students and warning that the entire community must work together to address them. Speaking during a recent government broadcast, Dr Wheatley said […]

by / on August 14, 2025 at 7:55 AM /
Airline issues undermining airlift gains — Skelton

Airline issues undermining airlift gains — Skelton

Territorial At-Large Representative Ronnie Skelton has warned that ongoing airline service problems are leaving travellers stranded, even as the Virgin Islands Party (VIP) government continues to tout increased airlift to the Terrance B Lettsome International Airport as one of its […]

by / on August 14, 2025 at 7:50 AM /
UK can visit, we have nothing to hide

UK can visit, we have nothing to hide

Junior Minister for Financial Services, Lorna Smith, has made it clear that the territory has “nothing to hide” ahead of the upcoming fact-finding visit by UK MP and anti-corruption champion, Baroness Margaret Hodge. The United Kingdom dispatched Hodge to the BVI […]

by / on August 14, 2025 at 7:42 AM /