Finance and Business
USVI: Gov. Byran markets USVI as top-tier investment destination
VI CONSORTIUM
WASHINGTON D.C., USA- Government House announced Friday that Governor Albert A. Bryan Jr. addressed more than 100 clients and personnel of law firm Winston & Strawn, making a powerful case for the U.S. Virgin Islands as a premier destination to do business.
Hon Walwyn slammed for being 'unwise & irresponsible'
BAUGHERS BAY, Tortola, VI- The controversial Opposition Leader of the Virgin Islands, Honourable Myron V. Walwyn (R6), has been criticised as "unwise and irresponsible" for snubbing local procedures and inviting Governor Daniel Pruce to get involved in the Bank of Asia (BVI) Limited fiasco.
Gov’t declares water a ‘National Critical Priority’; Initial $8M to be allocated
ROAD TOWN, Tortola, VI- The Government of the Virgin Islands, with Cabinet’s approval, has declared water a ‘National Critical Priority and will pump an initial eight million dollars towards immediate upgrades to the system.
Guy L. Malone reappointed CEO of Telecommunications Regulatory Commission
ROAD TOWN, Tortola, VI- The Government of the Virgin Islands has reappointed Mr Guy L. Malone as the Chief Executive Officer (CEO) of the Telecommunications Regulatory Commission (TRC) for a period of two years, effective March 1, 2025, to February 28, 2027.
VI’s financial services sector being attacked by ‘big powers’- Julian Willock
FORT HILL, Devonshire, Bermuda- The former Speaker of the Virgin Islands (VI) House of Assembly, Mr Julian Willock, has accused the international community of trying to sabotage the VI’s financial services sector.
No need for governor to get involved in Bank of Asia (BVI) matter- Hon Penn
BAUGHERS BAY, Tortola, VI- Opposition Member Honourable Marlon A. Penn (R8) has said the circumstances surrounding the deposit of $5 million of public funds into the Bank of Asia (BVI) Limited need to be investigated and the findings made public; however, he does not agree that the governor should get involved.
3 USVI charter companies relocate to VI over new fee structure
CHARLOTTE AMALIE, St Thomas, USVI- Three charter companies from the United States Virgin Islands (USVI) have chosen to relocate to the Virgin Islands (VI) following the implementation of the increased annual fee for foreign-based vessels.
Be ‘open & transparent’ about FATF grey listing- Hon Marlon A. Penn
BAUGHERS BAY, Tortola, VI- Opposition Member Hon Marlon A. Penn (R8) has called on the government to be more transparent about the grey listing of the Virgin Islands (BVI) by the Financial Action Task Force (FATF).
Gov Bryan urged to strike back VI with reciprocal charter licensing fees
CHARLOTTE AMALIE, St Thomas, USVI- US Virgin Islands Governor Albert A. Bryan Jr is being pressed by the Virgin Islands Professional Charter Association (VIPCA) to implement reciprocal licensing fees for Virgin Islands-based vessels operating in USVI waters following the VI’s implementation of a new fee structure that will see the USVI based charters paying a significant increase.
Long Bay Beach Resort to host ‘Open Interview Day’ on June 20
LONG BAY, Tortola, VI- Already a major employer in the Virgin Islands, Long Bay Beach Resort is seeking a further 15 persons to join its dynamic team at the iconic beachfront resort.
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