Residents on Anegada will have a direct opportunity to be serviced by the National Bank of the Virgin Islands (NBVI) as a team from that institution will travel to the island to meet customers and engage the community on Monday, […]
Category: Finance/Business
VIP debt now stands at more than $100K
Chairman of the Opposition Virgin Islands Party (VIP) Andrew Fahie this week disclosed that the party’s debt now stands at more than $100,000. While noting that he was questioned about trying to lead an organization with such a debt, the […]
Finance Minister Fahie? Public funds taken away?
Chairman of the Opposition Virgin Islands Party (VIP) Andrew Fahie said a government under his stewardship could not handle the territory’s finances worse than the current administration, adding that some persons in government are now even carting off with public […]
Bank announces sale of building housing Bolo’s
The building housing one of the longest serving department stores in the British Virgin Islands, Bolo’s, is being auctioned. The state-owned National Bank of the Virgin Islands (NBVI) made the announcement amid what BVI News Online understands to be a […]
Leonard wins $5K, overseas trip in business clash
Akeem Leonard outperformed five contestants to win a local competition, which targets the startup entrepreneurial community in an effort to enhance the British Virgin Islands economy. Leonard – chief executive officer of GreenCrete BVI – won a cheque valued at […]
PREMIER: We must hold elected officials accountable
At a time when his government is being accused of paying scant regard to transparency and accountability, Premier Dr D Orlando Smith has underscored the importance of holding civil servants and elected representatives accountable. “I believe that prudent and responsible […]
Government to get ‘strict’ on people it owes
Premier Dr D Orlando Smith has indicated that his government will clamp down on persons whom it owes for goods and services. According to him, protocols regarding the timely submission of claims will be strictly enforced. “Among other things, we […]
Penn selected to lead trade policy committee
Junior Minister for Trade Marlon Penn has been selected to lead a committee that will make recommendations regarding the development of a trade policy for the British Virgin Islands. The Trade Policy Review committee will report to Penn, Government said, […]
BVI Finance gets new board
PRESS RELEASE – As part of the company’s journey to become BVI Finance Limited, a public/private partnership created to better support the BVI’s financial services industry, BVI Finance has elected nine persons to its Board of Directors. Premier and Minister […]
Gov’t to provide housing for new small businesses
Premier Dr D Orlando Smith said his government will this year improve the mechanism in place to help Small and Medium Enterprises (SMEs), adding that temporary housing will be provided to start-ups that are promising. “We will introduce a business […]