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Finance and Business

January 10th, 2021
VI’s Leroy A. E. Abraham appointed Chairman of CARILEC

CASTRIES, St. Lucia - General Manager of the British Virgin Islands Electricity Corporation (BVIEC), Mr Leroy A.E. Abraham, has been appointed Chairman of the Board at the Caribbean Electric Utility Services Corporation (CARILEC).

January 9th, 2021
VI expecting Royal Caribbean 'warm lay-up' from Jan 11, 2021

ROAD TOWN, Tortola, VI – Authorities at the BVI Ports Authority (BCIPA) have announced that the Virgin Islands (VI) will be expecting its first technical cruise calls for 2021, via the Royal Caribbean Cruise lines, however, the calls will be done under strict health and safety guidelines.

January 9th, 2021
What a debt crash will look like

By Dickson C. Igwe

The world is over 250 Trillion Dollars in debt: public plus private. Is that vast debt sustainable? Is this debt a bubble about to burst?

January 8th, 2021
Dr. Robert A. Mathavious formally retires as CEO of BVI FSC

ROAD TOWN, Tortola, VI - Following a long career of over thirty-five years in public service, Dr. Robert A. Mathavious OBE, has formally retired from the BVI Financial Services Commission as both its Managing Director and Chief Executive Officer effective 31 December 2020.

January 6th, 2021
Anegada Express halts ferry service

SETTING POINT, Anegada, VI- Anegada Express, a ferry service that operated between Anegada and Tortola for at least four days a week, is discontinuing its operations until further notice.

January 6th, 2021
Unfair! VI gov't has to fund even the 'little parties' thrown by Governor

ROAD TOWN, Tortola, VI- Deputy Premier and Minister for Education, Culture, Youth Affairs, Fisheries and Agriculture Dr the Hon Natalio D. Wheatley (R7) said he is disappointed in the relationship that the United Kingdom (UK) has with the territory.

January 5th, 2021
Reopening of seaports pushed back to March 1, 2021- BVIPA

PORT PURCELL, Tortola, VI- After circulating via social media for hours, the BVI Ports Authority (BVIPA) has confirmed that the reopening of the territory’s seaports will be pushed back to March 1, 2021.

January 5th, 2021
Local Gov't should have oversight of Disaster Management- Premier Fahie

DUFF’S BOTTOM, Tortola, VI – In a lengthy presentation to kick off the 2021 legislative year, Premier and Minister of Finance, Hon Andrew A. Fahie (R1) has focused on the need for the Virgin Islands to continue on the path to self-determination and for local government to have oversight of disaster management under the proposed Disaster Management Act, 2019, rather than the Governor.

January 5th, 2021
Antoinette Skelton Out! Jeanette Scatliffe-Boynes In! as Ag Director of SSB

ROAD TOWN, Tortola, VI- Mrs Antoinette Skelton, now 69 years of age, who first joined the BVI Social Security Board in 1982 as Deputy Director and became its Director in 1990, has gone on pre-retirement leave.

January 4th, 2021
$200K in prizes for singing competitions @ 2021 Emancipation Festival

ROAD TOWN, Tortola, VI – Local artistes who may have complained that their art is not valued may be singing another tune, with the announcement by Premier and Minister of Finance, Hon Andrew A. Fahie (R1) that $200,000 will be made available as prize monies for the various singing competitions in the 2021 Emancipation Festival in the Virgin Islands (VI).

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