BVI News

Articles By: Davion

COMMENTARY: Borrow from home or abroad?

COMMENTARY: Borrow from home or abroad?

By Dickson Igwe, Contributor Governments, even micro administrations of tiny jurisdictions, have the ability to raise finance, to an exponentially greater degree than individuals and small businesses. In the aftermath of the September 2017 natural disasters that devastated the Virgin […]

by / on March 27, 2018 at 6:03 AM /
Set-up for suicide: UK pulls ‘backdoor move’ on BVI?

Set-up for suicide: UK pulls ‘backdoor move’ on BVI?

The United Kingdom is facilitating the BVI to borrow up to $426 million (just under half-a-billion dollars), though the territory is not legally allowed to borrow more than a quarter billion over a specified period. Under a BVI-UK agreement called […]

by / on March 26, 2018 at 3:43 PM /
Do what UK says, borrowing locally 5 times more expensive

Do what UK says, borrowing locally 5 times more expensive

By Davion Smith, BVI News Journalist The British Virgin Islands will spend five times as much on loan repayments if it refuses the United Kingdom’s £300 million loan guarantee and borrows from the BVI Social Security Board (SSB). That is […]

by / on March 26, 2018 at 7:23 AM /
Father, daughter jailed | More around with fake BVI visas

Father, daughter jailed | More around with fake BVI visas

While sentencing a father and his daughter for trying to enter the BVI with fake visas, Senior Magistrate Tamia Richards believes there are a number of persons who have already breached the territory with counterfeit documents. Thirty-five-year-old Leonel Calderon will spend […]

by / on March 26, 2018 at 7:15 AM /
McMaster, Malone inks deal with Puma

McMaster, Malone inks deal with Puma

German sportswear giant Puma has signed two British Virgin Islands athletes. The two athletes are 400-metre hurdles sensation Kyron McMaster, and long-jumper Chantel Malone. McMaster and Malone are popularly known for making major accomplishments last year. McMaster was the fastest […]

by / on March 26, 2018 at 7:10 AM /
Vanterpool: Show some respect, UK was hostile to Premier

Vanterpool: Show some respect, UK was hostile to Premier

Communications and Works Minister Mark Vanterpool has impliedly demanded respect for Premier Dr D Orlando Smith, who he said endured ‘hostility’ from UK parliamentarians to get assistance for the BVI. Vanterpool said parliamentarians in the UK were hostile towards Premier […]

by / on March 26, 2018 at 7:02 AM /
47th BVI Spring Regatta kicks off today

47th BVI Spring Regatta kicks off today

The 47th annual BVI Spring Regatta and Sailing Festival officially starts today, March 26. The regatta, which ends on April 1, is one of the largest events in the sailing industry. According to a media release from organisers, there will […]

by / on March 26, 2018 at 6:48 AM /
Vehicle hits teen in Road Town

Vehicle hits teen in Road Town

A 15-year-old boy has been taken to hospital after being struck by a vehicle. The teen was struck in Road Town on Tortola before 6pm on Friday, BVI News understands. His medical condition is not known. Circumstances of the accident are […]

by / on March 23, 2018 at 7:44 PM /
I don’t support Recovery Agency bill either — Penn

I don’t support Recovery Agency bill either — Penn

Another member of the National Democratic Party government has objected to the Virgin Islands Recovery and Development Act and has requested more transparency from Premier Dr D Orlando Smith. That member is backbencher and Junior Minister for Trade and Investment […]

by / on March 23, 2018 at 7:02 PM /
No Agency | I will not repeat BVI Airways mistake

No Agency | I will not repeat BVI Airways mistake

Government minister Archibald Christian fears the Virgin Islands Recovery and Development Agency Act 2018 may be a repeat of the controversial BVI Airways saga. In that respect, Christian asserted that he will not make the same mistake twice. “Do we […]

by / on March 23, 2018 at 1:53 PM /