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Finance and Business

April 16th, 2025
BVI Full Moon Party was used to promote VI as summer destination- BVITBFC

SAN JUAN, Puerto Rico – The British Virgin Islands Tourist Board & Film Commission (BVITBFC) said it has initiated its destination marketing efforts in Puerto Rico to entice its travelers to consider the Virgin Islands (VI) as the perfect destination for their summer holiday plans.

April 16th, 2025
USVI Governor concedes boating disparities; Negotiations near completion

CHARLOTTE AMALIE, St Thomas, USVI—In what both sides described as a constructive and candid second round of high-level discussions, Premier of the Virgin Islands (VI), Dr the Honourable Natalio D. Wheatley (R7) and Governor of the United States Virgin Islands (USVI) Albert A. Bryan Jr. advanced significantly toward a bilateral agreement to address long standing disparities in the marine sector.

April 16th, 2025
Application process for MSME grants being simplified- Hon Smith

BAUGHERS BAY, Tortola, VI- The application process for the Micro, Small, and Medium Enterprises (MSME) Grant Programme launched in 2024 is being made easier.

April 15th, 2025
UPDATE: VI & USVI discussing proposed amendments to charter boat legislation

CHARLOTTE AMALIE, St Thomas, USVI- A delegation led by Premier and Minister of Finance Dr the Honourable Natalio D. Wheatley (R7) is in St Thomas, US Virgin Islands, engaging their USVI counterparts on the proposed amendments to the charter boat legislation and their wider impact on the Greater Virgin Islands.

April 15th, 2025
VI’s presence @ Seatrade 2025 prepares it for the future- Clive L. McCoy

MIAMI, Florida, USA- Director of the BVI Tourist Board & Film Commission (BVITBFC), Mr Clive L. McCoy has said the Virgin Islands (VI) having representation at Seatrade Cruise Global 2025 allows the territory to have a glimpse at what is happening globally.

April 14th, 2025
Dr Jerry R. Smith recommends sweeping reforms for USVI hospitals

FREDERIKSTED, St Croix, USVI- The Chairman of the Government Hospital & Health Facilities Corporation in the US Virgin Islands (USVI), Dr Jerry R. Smith, has called for structural reforms to stabilise USVI hospitals, including reliable funding sources, centralised systems, CRNA law updates, and Medicaid match changes to break the cycle of emergency relief.

April 11th, 2025
US tariff uncertainty stalls VI minimum wage decision further- Premier Wheatley

FAT HOGS BAY, Tortola, VI— The long-anticipated announcement of a new minimum wage has been further delayed due to uncertainties surrounding proposed United States tariff increases that could significantly impact the cost of living in the Territory. This is according to the Premier and Minister of Finance, Dr the Honourable Natalio D. Wheatley (R7).

April 10th, 2025
Maritime Association airs concerns about maritime legislation amendments

ROAD TOWN, Tortola, VI- Premier and Minister of Finance Dr the Hon Natalio D. Wheatley (R7) led a discussion on the proposed amendments to the maritime legislation on Tuesday, April 8, 2025.

April 9th, 2025
'Only after CoI has been completed the police have corruption?' Hon Walwyn

ROAD TOWN, Tortola, VI- Leader of the Opposition Hon Myron V. Walwyn (R6) has called out the hypocrisy of the Commission of Inquiry (CoI) and now the Law Enforcement Review Report.

April 8th, 2025
VI & DR discuss economic cooperation & international trade

SANTIAGO, Chile, SA- Virgin Islands Special Envoy Mr E. Benito Wheatley and Dominican Republic Vice Minister for Economic Affairs and International Cooperation Honourable Hugo Francisco Rivera Fernández held a bilateral meeting in which they discussed the importance of a regional economic hub in the Caribbean to facilitate international trade, particularly as the world economy faces strong economic headwinds that threaten global supply chains.

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