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Finance and Business

December 2nd, 2019
Big Bamboo aiming to go bigger & better for 2020 Anegada Lobster Festival

LOBLOLLY BAY, Anegada, VI- The dust has barely settled on the two-day Anegada Lobster Festival, and visitors and residents have been placed on notice that they should expect an even more elaborate 2020 edition of the culinary festival at one of the participating establishments, Big Bamboo Restaurant.

December 1st, 2019
BVIAA to meet with VI Airlink to find solution to hanger rental issue

BEEF ISLAND, VI- Following a public outcry by VI Airlink over the decision by the BVI Airports Authority (BVIAA) to begin constructing and renting out hangers at the Terrence B. Lettsome International Airport, the BVIAA has since said it is willing to meet with the local airline to find a solution that would be in the best interest of both parties.

November 30th, 2019
'2019 Hurricane Season ended incident-free for VI'- Premier Fahie

ROAD TOWN, Tortola, VI - With a stark reminder that the 2020 Hurricane Season is just 6 months away, Premier and Minister of Finance, Hon Andrew A. Fahie (R1) expressed gratitude that 2019 season officially ended incident-free for the Virgin Islands (VI).

November 30th, 2019
'Rethink procurement rules after natural disasters' - E. Benito Wheatley

WASHINGTON DC, USA - Mr E. Benito Wheatley, the Virgin Islands (VI) Special Envoy for the Government, has called on Small Island Developing States (SIDS) and international partners to reexamine approaches to procurement after a natural disaster.

November 29th, 2019
Kevin C. Smith tipped to be CEO of Digicel BVI

ROAD TOWN, Tortola, VI- Reports from our sources within the Digicel management unit indicate that former political candidate Mr Kevin C. Smith aka ‘OJ’ has been offered the position of Chief Executive Officer (CEO) of telecommunications company, Digicel BVI.

November 29th, 2019
Scotiabank BVI being sold to Republic Bank of T&T

ROAD TOWN, Tortola, VI - Scotiabank is looking to exit the Virgin Islands as the Bank of Nova Scotia has reached an agreement for the sale of 100% of its shares in Scotiabank (British Virgin Islands) Limited to Republic Financial Holdings Limited (‘Republic Bank’) Bank.

November 25th, 2019
Top rated Hyundai Venue to highlight TAG’s Road Show this Saturday

SLANEY POINT, Tortola, VI- The newest addition to the highly-rated Hyundai SUV line up, the Venue, will be one of the main features at Tortola Auto Group’s (TAG) 4th Anniversary Road Show on Saturday, November 30, 2019.

November 25th, 2019
$15M allocated for tourism marketing & promotion

ROAD TOWN, Tortola, VI - The Virgin Islands (VI) will be spending some $15M for the promotion and marketing of the territory as both a business economy and tourism destination, as the government seeks to make gains in new markets.

November 25th, 2019
Eureka Medical Clinic returns to VG

VALLEY, Virgin Gorda, VI- The Vanterpool family has taken another shot of offering medical services on the sister island of Virgin Gorda, with the reopening of a branch of Eureka Medical Clinic in the Virgin Gorda Yacht Harbour.

November 25th, 2019
$2.5M CDB loan being sought to assist local entrepreneurs- Premier Fahie

ROAD TOWN, Tortola, VI- Premier and Minister of Finance Honourable Andrew A. Fahie (R1) said his government is in the process of seeking a loan from the Caribbean Development Bank (CDB) to assist entrepreneurs in the Virgin Islands.

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