BVI News

Category: Finance/Business

I don’t have any money to pay festival volunteers

I don’t have any money to pay festival volunteers

Minister responsible for culture Myron Walwyn last evening declared that he does not have enough money to pay persons who run the Virgin Islands Festival and Fairs Committee, adding that God will however bless them for the work they perform. […]

by / on April 16, 2017 at 10:03 AM /
BVI moving away from business that brought success, focuses on wider range of services

BVI moving away from business that brought success, focuses on wider range of services

Chairman of the BVI Finance Limited Kenneth Morgan said stakeholders in the financial services industry must move away from core business incorporation – an area in which the British Virgin Islands (BVI) has been hugely successful for several years. “We […]

by / on April 12, 2017 at 8:19 AM /
Flow losing managing director, head of marketing

Flow losing managing director, head of marketing

Managing Director of FLOW BVI Tim Ringsdore and Marketing Manager Sarah Graham are leaving the telecommunications company. Ringsdore, who was announced as the firm’s new boss in November 2015, will leave the job this month. Graham, who was first introduced […]

by / on April 10, 2017 at 12:00 PM /
Start exporting goods, premier urges businesses

Start exporting goods, premier urges businesses

Premier and Minister of Finance Dr D Orlando Smith has urged companies to consider exporting goods and services instead of concentrating solely on the local market. “It is important to understand that the vision is not to have businesses developed […]

by / on April 7, 2017 at 12:57 PM /
Hotelier bemoans bad review as noisy work resumes

Hotelier bemoans bad review as noisy work resumes

Amid complaints that previous infrastructure works done at night had caused negative international reviews for one hotel and misery for many residents, the Ministry of Communication and Works yesterday promised to minimize any disturbance in the near future when it […]

by / on April 7, 2017 at 7:44 AM /
Hundreds told: Transparency increased in BVI financial services

Hundreds told: Transparency increased in BVI financial services

Government Information Service (press release) – “The British Virgin Islands (BVI) has continued to take steps towards increasing the level of its transparency as well as enhance international cooperation capabilities and efficiency,” Leon Wheatley, Asia Representative of the BVI’s Financial […]

by / on April 6, 2017 at 5:41 AM /
Entrepreneurs told: Get rid of fear and ignorance

Entrepreneurs told: Get rid of fear and ignorance

Director of the Department of Trade and Investment Promotion Karia Christopher said her department will this week try to convince people in the British Virgin Islands to get rid of the ‘fear and ignorance’ that have been stifling their entrepreneurial […]

by / on April 3, 2017 at 3:33 PM /
Farmers want more than lip service – Christopher

Farmers want more than lip service – Christopher

Representative of the Fifth Electoral District Delores Christopher has called on her colleagues to not only pay lip service to local farmers, but to give them the tangible support they need. “We have to support our farmers. We have to […]

by / on April 3, 2017 at 7:29 AM /
Investment Club laments $6M setback

Investment Club laments $6M setback

By Horace Mills, BVI News Online Staff Members of the BVI Investment Club have declared that the global economic crisis nearly a decade ago partly resulted in the stalling of $6 million worth of investment, and the shelving of plans […]

by / on March 31, 2017 at 9:33 AM /
Supermarket closed, restaurants closing on VG

Supermarket closed, restaurants closing on VG

Representative of the Ninth Electoral District Dr Hubert O’Neal has tried to explain the reason some businesses are being closed as the BVI Investment Club start to develop the Virgin Gorda Yacht Harbour. He said Buck’s Supermarket has been closed […]

by / on March 30, 2017 at 1:07 PM /