Finance and Business
BVIEC linemen being trained to do maintenance without turning off power
LONG BUSH, Tortola, VI- A 12-week Live-Line Training Workshop for linemen is nearing a close as the BVI Electricity Corporation (BVIEC) aims to reduce power outages when conducting maintenance on the grid.
CDB 'looks forward to supporting development plans of BVIEC'- CDB Division Chief
ROAD TOWN, Tortola, VI- "The Caribbean Development Bank looks forward to supporting the development plans of the BVIEC as it leads the transition of the energy sector to catalyse the sustainable development of the territory and improve lives and livelihoods of the population by reducing the cost of energy and improving the reliability and resilience of energy services."
VI sees record-breaking increase in tourist arrivals for 2nd quarter of 2025- Premier
ROAD TOWN, Tortola, VI- Premier and Minister of Finance Dr the Honourable Natalio D. Wheatley (R7) has reported a record-breaking number of tourist arrivals in the Virgin Islands for the second quarter of the year.
Local artists highlighted during CIBC Caribbean's Client Appreciation Week
ROAD TOWN, Tortola, VI- CIBC Caribbean in the Virgin Islands joined in on celebrating its clients during Client Appreciation Week last month.
23 businesses participating in BVI Staycation 2025
ROAD TOWN, Tortola, VI– “Experience BVI, Right Here, Right Now!” That is the theme for this year’s BVI Staycation experience curated for residents of the Virgin Islands (VI). BVI Staycation is an annual promotion by the British Virgin Islands Tourist Board & Film Commission (BVITBFC), which invites VI residents to experience the destination as tourists and emerge as ambassadors.
Over $20,000 total discounts in TAG’s Pre-Festival Clearance Sale
SLANEY POINT, Tortola, VI — Car buyers across the Virgin Islands (VI) are in for a remarkable experience as Tortola Auto Group (TAG) rolls out the red carpet for its Open-House Pre-Festival Clearance Sale, scheduled for Saturday, July 26, 2025, from 8:00 AM to 1:00 PM.
Talking Points hosts challenge local media on responsible journalism
BAUGHERS BAY, Tortola, VI- Talking Point co-hosts have chimed in on several issues here in the Virgin Islands (VI), among them the closure of the Bank of Asia (BVI) and the recent grey listing of the Territory by the Financial Action Task Force (FATF).
Premier Wheatley attending 49th CARICOM Heads of Government Meeting in Jamaica
MONTEGO BAY, Jamaica- Premier and Minister of Finance Dr the Honourable Natalio D. Wheatley (R7) is away from the Virgin Islands from July 5 to July 9, 2025, attending the 49th Regular Meeting of the Conference of Heads of Government of the Caribbean Community (CARICOM) in Montego Bay, Jamaica.
USVI: Trump signs bill to keep rum tax rate @ $13.25 benefiting U.S. Territories
VI CONSORTIUM
WASHINGTON D.C., USA- President Donald Trump signed H.R. 1, dubbed the “One Big Beautiful Bill Act,” into law on July 4, securing a historic victory for Puerto Rico and the U.S. Virgin Islands by permanently setting the rum cover-over rate at $13.25 per proof gallon. The provision, a cornerstone of the tax reconciliation package, ends decades of uncertainty for the territories by ensuring a stable flow of federal excise tax revenues from rum production, projected to deliver over $1 billion c
VI’s Climate Change Trust Fund to launch @ UN Conference in November
Road Town, Tortola, VI- The Virgin Islands Climate Change Trust Fund will officially be launched internationally this November at the UN Climate Change Conference.
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