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Finance and Business

October 9th, 2026
Charter fee ‘is for all foreign vessels...USVI not specifically targeted’ - Premier

ROAD TOWN, Tortola, VI- The Premier of the Virgin Islands (VI), Dr the Hon Natalio D. Wheatley (R7), has clarified that the increase to the charter yacht fee does not specifically target United States Virgin Islands (USVI) vessels and applies to all foreign-based charters.

October 9th, 2026
‘We're in a very good place’ to be taken off FATF grey list- Hon Lorna G. Smith

BAUGHERS BAY, Tortola, VI- Junior Minister for Financial Services and Economic Development and Digital Transformation, the Hon Lorna G. Smith, OBE (AL), says the Virgin Islands is in a “very good place” as it works to leave the Financial Action Task Force’s (FATF) grey list.

October 8th, 2026
After 36 years, NPTVI increases park entrance fees

ROAD TOWN, Tortola, VI- The National Parks Trust of the Virgin Islands (NPTVI) has announced revisions to its park entrance and marine conservation mooring fees, with the new rates taking effect on November 1, 2026.

October 7th, 2026
Symphony Circus coming to VI this monthend

WICKHAM'S CAY I, Tortola, VI- The circus is coming to town! The Symphony Circus will be in Road Town by the end of this month!

October 7th, 2026
'Absolutely not': Hon Lorna G. Smith on turning admin complex into mall & hotel

BAUGHERS BAY, Tortola, VI- Junior Minister for Financial Services, Economic Development and Digital Transformation, the Honourable Lorna G. Smith, OBE (AL), has firmly rejected proposals to disperse government ministries across the territory or to convert the Ralph T. O’Neal Administration Complex into a commercial development, insisting that public servants should be consolidated in the existing admin building to maximise synergy and in-person collaboration.

October 6th, 2026
BVI Finance in Singapore for TOKEN2049

BAYFRONT AVENUE, Singapore- Representatives of BVI Finance are in Singapore this week for TOKEN2049.

October 4th, 2026
Bids for construction of Immigration Detention Centre extended to October 16

ROAD TOWN, Tortola, VI- The deadline for submission of bids for the construction of the Immigration Detention Centre has been extended to October 16, 2026. The original submission deadline was October 5, 2026.

October 2nd, 2026
Cabinet approves $2.5M for fuel subsidies to continue towards end of 2026

ROAD TOWN, Tortola, VI- The Cabinet of the Virgin Islands has approved an additional $2.5 million for fuel subsidies for the BVI Electricity Corporation (BVIEC), as the Virgin Islands (VI) continues to grapple with high electricity costs.

October 1st, 2026
284 Media suspends news service

ROAD TOWN, Tortola, VI- 284 Media had announced the suspension of its news service effective Wednesday, September 30, 2026.

October 1st, 2026
‘There’s really no need for us to escalate the issue’- Premier Wheatley to Gov Byran

ROAD TOWN, Tortola, VI- Premier and Minister of Finance Dr the Hon Natalio D. Wheatley (R7) confirmed that he has responded in writing to the United States Virgin Islands (USVI) Governor Albert A. Bryan Jr., following his demand for the convening of an emergency Inter-Virgin Islands Council (IVIC) meeting in Washington, DC, during the week of October 12, as the issues surrounding the increase in charter yacht fees continue.

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