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Finance and Business

May 11th, 2026
‘Gas prices will not be regulated under new Consumer Protection Act’- VI Premier

ROAD TOWN, Tortola, VI- Premier and Minister of Finance Dr the Honourable Natalio D. Wheatley (R7) has announced that the new Consumer Protection Act, which is currently in the House of Assembly as a bill, will not regulate gas prices. Instead, it will solely focus on regulating the prices of items within the essential basket of goods.

May 9th, 2026
Was Kurt A.G. Menal forced out? Resigned abruptly as MD of BVIAA

BEEF ISLAND, Tortola, VI- Word reaching our news centre from BVI Airports Authority (BVIAA) Board Members, speaking to our newsroom on condition of anonymity, is that the Managing Director (MD), Mr Kurt A.G. Menal, has abruptly resigned from his post on Thursday, May 7, 2026.

May 8th, 2026
BVITBFC launches Virtual Reality Museum to showcase destination globally

PORT PURCELL, Tortola, VI — The British Virgin Islands Tourist Board & Film Commission (BVITBFC) has officially unveiled its state-of-the-art Virtual Reality (VR) Museum, marking a bold step forward in destination marketing and cultural preservation.

May 8th, 2026
BVI Tourist Board & Film Commission releases Event Sponsorship Guidelines & Submission Requirements

PORT PURCELL, Tortola, VI— The British Virgin Islands Tourist Board & Film Commission (BVITBFC) has released its Event Sponsorship Support Guidelines & Submission Requirements. This document is designed to improve understanding and transparency between event organisers and the Territory’s tourism development goals.

May 8th, 2026
Hon Lorna G. Smith leads VI delegation to Consensus by CoinDesk in Miami

MIAMI, Florida, USA- A team from the Virgin Islands (VI) led by Junior Minister for Financial Services and Economic Development, Hon Lorna G. Smith, OBE, (AL) attended Consensus by CoinDesk in Miami, Florida, from May 5 to 7, 2026.

May 4th, 2026
BVIPA explores incoporating solar energy into operations

PORT PURCELL, Tortola, VI- The British Virgin Islands Ports Authority (BVIPA) is reporting that discussions have begun to incorporate solar energy into its operations, as part of a strategic effort towards modern, resilient, and environmentally responsible port development.

May 2nd, 2026
Tomorrow’s Leaders Internship Programme begins

ROAD TOWN, Tortola, VI- The BVI Finance Tomorrow’s Leaders Internship Programme began on Friday, May 1, 2026, with an orientation session.

May 2nd, 2026
USVI left w/o key lowcost carrier as Spirit Airlines closes

VI CONSORTIUM

CHARLOTTE AMALIE, St. Thomas, USVI- Spirit Airlines is shutting down. On Saturday morning, the airline announced that it was winding down all operations effective immediately, cancelling all flights and ending customer service after failing to secure a $500 million emergency government bailout by the May 1 deadline. For the U.S. Virgin Islands, the collapse means the sudden loss of a well-known low-cost carrier that had maintained service to St. Thomas and St. Croix, raising immediate questi

May 1st, 2026
BVIPA announces temporary reduction in port-related fees

PORT PURCELL, Tortola, VI- The British Virgin Islands Ports Authority (BVIPA) has announced a temporary reduction in port-related fees as part of its 35th Anniversary initiatives.

April 30th, 2026
VI to sign bilateral agreement with Dominican Republic in June- E. Benito Wheatley

SANTIAGO, Chile - A bilateral agreement aimed at strengthening cooperation in trade, regional transportation, health, and culture between the Virgin Islands (VI) and the Dominican Republic (DR) will be signed in June 2026.

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