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Finance and Business
Going green could save VI nearly $80M in 5 years –Premier
ROAD TOWN, Tortola, VI- Premier and Minister of Finance Hon. Andrew A. Fahie (R1) said if 60 per cent of residents of the Virgin Islands decided to take advantage of the two-year duty-free and transition into going green, making use of renewable energy sources like solar and wind-powered energy, the territory could save $15 million per year or close to $80 million in the next five years on fossil fuel.
Some 28,000 tourists entered VI since Dec 1, 2020- Gateway Portal reveals
ROAD TOWN, Tortola, VI- Despite the coronavirus pandemic that initially paralysed tourism across the world and the challenges of travel, many tourists were still determined to make the Virgin Islands their choice of destination since the territory began accepting international visitors from December 1, 2020.
BVI Gateway Portal to be more 'user friendly' in a week- Premier Fahie
WEST END, Tortola, VI – Virgin Islands (VI) Premier and Minister of Finance, Honourable Andrew A. Fahie (R1) says his government is working to bring improvements to the BVI Traveller Gateway Portal, a website essential for travellers coming to the territory.
EE/LL Sewerage Project: Main pump line installed from Long Swamp to Paraquita Bay
PARAQUITA BAY, Tortola, VI- Work on the recently recommissioned East End/Long Look Sewerage Project is progressing smoothly.
NDP Gov’t removed one of the best Accountant Generals in VI- Premier Fahie
DUFF’S BOTTOM, Tortola, VI- With the Leader of the Honourable Opposition Marlon A. Penn (R8) insinuating that former acting Accountant General Laurel L. Smith was treated unfairly by the incumbent government, Premier and Minister of Finance Honourable Andrew A. Fahie (R1) had cause to remind him that it was in fact the National Democratic Party (NDP) Government that had such an unpleasant history.
Homeowners granted up to 10 months stay in VI without work permit
ROAD TOWN, Tortola, VI- Minister for Natural Resources, Labour, Immigration and Social Security Honourable Vincent O. Wheatley (R9) said, after two years in the works, a clause in the Immigration and Passport (Amendment) Act, 2021, will now enable homeowners to remain in the [British] Virgin Islands for up to 10 months without a work permit.
Accumulated years in VI no longer a qualifier for work permit exemptions- Cabinet
ROAD TOWN, Tortola, VI – With effect from August 23, 2021, the new work permit exemption policy of the Government of the Virgin Islands (VI) has taken effect with a reduced number of eligibility categories.
Hon Penn calls for development of a local ‘innovation lab’ to cultivate ideas
DUFFS BOTTOM, Tortola, VI – Opposition Leader in the Virgin Islands (VI) House of Assembly, Hon Marlon A. Penn (R8) has called for the development of a local innovation lab to incubate new ideas and bring new innovations to the territory’s business sector.
UK woman pays US$500K in reparations to UWI
CAVE HILL, Barbados, WI- While the United Kingdom (UK) Government has refused to directly address the question of reparations for slavery, one UK citizen has taken it upon herself to pay $500,000 in reparations to the University of the West Indies (UWI).
Will CoI lawyers accused of breaching VI law feature in upcoming hearings?
ROAD TOWN, Tortola, VI – The Commission of Inquiry (CoI) controversially launched by the United Kingdom Government to investigate allegations of corruption in the Virgin Islands has dodged questions on whether its team of 3 lawyers will be working during its upcoming hearings despite the matter of them allegedly operating illegally now the subject of a court hearing.
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