Finance and Business
The Virgin Islands - post Commission of Inquiry
By Dickson C. Igwe
Like Hurricanes Irma and Maria, when the talk was what would the Virgin Islands look like after the devastating storms: it appears the country has learned very little from the two devastating hurricanes.
VI expecting first passenger cruise call on July 1, 2021
ROAD TOWN, Tortola, VI - The Virgin Islands (VI) is expecting its first official cruise ship call since the start of the COVID-19 pandemic, on July 1, 2021, according to information coming out of the BVI Ports Authority (BVIPA).
VI optimistic @ UN panel on future of tourism
ROAD TOWN, Tortola, VI- The Virgin Islands (VI) has expressed confidence in the tourism sector’s recovery at a high-level panel on the Future of Tourism organised by the United Nations Development Programme (UNDP).
VI Gov’t launches COVID-19 Income Support Programme
ROAD TOWN, Tortola, VI- In another initiative to assist its people, the Government of the Virgin Islands (VI) has launched a COVID-19 Income Support Programme to support vulnerable individuals and families experiencing economic hardship due to the COVID-19 pandemic.
Bilal Rawat earned £2.2M as Jr Counsel in UK’s ‘wasteful’ Saville Inquiry!
ROAD TOWN, Tortola, VI – Current Counsel to the VI Commission of Inquiry, Mr Bilal Rawat in 2009 had earned some £2,203,633 in fees, paid for by UK taxpayers as part of the then UK Government's ‘wasteful’ & ‘disgraceful’ Bloody Sunday Inquiry, also known as ‘The Saville Inquiry’.
Judge rules against CDC's COVID restrictions for cruise industry
VI CONSORTIUM
MIAMI, Florida, USA- A federal judge handed Florida Governor Ron D. DeSantis a major victory over the Centers for Disease Control and Prevention's cruise industry restrictions on Friday, June 18, 2021, a development that could pave the way for cruise travel to return after a CDC No Sail Order grounded the industry for 15 months.
Gov’t refinances Peebles Hospital loan & realises $1.6M in savings
DUFF’S BOTTOM, Tortola, VI – The Government of the Virgin Islands (VI) has refinanced the new Peebles Hospital construction project (Dr. D. Orlando Smith Hospital), by ending a $45M loan agreement with Banco Popular signed in 2009, in favor for a new lower interest loan agreement from Republic Bank.
BVIPA defers more port fee increases to January 2022
ROAD TOWN, Tortola, VI – The BVI Ports Authority (BVIPA) has announced that pursuant to the public announcement made by Premier and Minister of Finance, Hon Andrew A. Fahie (R1) in April regarding the postponement of port fee increases until 2022, the majority of fee increases, will now be deferred to January 2022.
BVITB Staycation targets USVI, SXM & PR travellers
ROAD TOWN, Tortola, VI- The [British] Virgin Islands Tourist Board (BVITB) has launched its Staycation initiative, targeting travellers from the neighbouring islands of Puerto Rico, US Virgin Islands (USVI) and St Maarten.
Dr the Hon Wheatley vows to correct tardiness of declarations of Interests
WICKHAM’S CAY II, Tortola, VI – Deputy Premier and Minister for Education, Culture, Youth Affairs, Fisheries and Agriculture, Dr the Hon Natalio D. Wheatley (R7) has given the Virgin Islands (VI) Commission on Inquiry (CoI) an assurance of working towards correcting late declarations made to the Registrar of Interests.