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Finance and Business

April 7th, 2024
Republic Bank launches new exclusive vertical Mastercard Black credit card

ROAD TOWN, Tortola, VI— Republic Bank (BVI) has launched a vertical Mastercard Black credit card, which stands as the most premium offering within the Bank’s suite of credit card products.

April 7th, 2024
Honourable Rymer to lead VI delegation to Seatrade 2024

ROAD TOWN, Tortola, VI- The [British] Virgin Islands (VI) is set to make a strong impression at Seatrade Cruise Global 2024, set to take place from April 8 to 11, 2024 in Miami, Florida.

April 5th, 2024
Prematurely announcing minimum wage increase could 'undermine’ process- Hon Smith

ROAD TOWN, Tortola, VI- Deputy Premier and Minister for Financial Services, Labour and Trade Hon Lorna G. Smith, OBE has reiterated that it would be premature of her to announce an increase in the minimum wage, when a review is still ongoing.

April 5th, 2024
BVI Business Banking Expo set for June 6, 2024- Hon Smith

ROAD TOWN, Tortola, VI– Persons in the finance sector in the Virgin Islands (VI) can get ready for the BVI Business Banking Expo slated for June 6, 2024. The Expo is slated to bring financial institutions, the regulators, business owners, and entrepreneurs from across the territory to discuss the latest trends and innovations in banking.

April 4th, 2024
Minimum Wage: ‘Is there going to be an increase? I don’t know’- Hon Lorna G. Smith

ROAD TOWN, Tortola, VI- With anticipation high that there will be an increase in Minimum Wage in the [British] Virgin Islands, since a review is currently ongoing, Deputy Premier and Minister for Financial Services, Labour and Trade Hon Lorna G. Smith, OBE has said an increase will depend on the feedback received from the public.

April 4th, 2024
Kedrick E. Malone appointed Ministerial Advisor/Chief Advisor to the Premier

ROAD TOWN, Tortola, VI- Consultant and former Executive Director of BVI Finance Mr Kedrick E. Malone has been appointed as a Ministerial Advisor and Chief Advisor to the Premier.

April 2nd, 2024
‘Illicit finance’ Sanctions Unit ‘to sit under leadership’ of Attorney General

ROAD TOWN, Tortola, VI- The Virgin Islands Sanctions Unit to combat illicit financing is to fall under the leadership of the Attorney General following a 6-month transition period from the Governor’s Office.

March 29th, 2024
‘The [airport] runway expansion will happen’- Premier Wheatley

ROAD TOWN, Tortola, VI- The extension of the runway at Terrance B. Lettsome International Airport has been talked about for a long time and governments after governments have failed to deliver for different reasons; however, the Government led by Premier and Minister of Finance Dr the Hon Natalio D. Wheatley (R7), which has already brought back American Airlines to the [British] Virgin Islands, is determined to get the project done.

March 28th, 2024
UPDATE: Magistrate’s Court to open for criminal matters @ Old CTL Building on April 9

PASEA ESTATE, Tortola, VI- From a hardware store to a school, the Old Clarence Thomas Building in Pasea Estate will now become a Magistrate’s Court.

March 27th, 2024
VI doing 'very well' but some not positioning themselves for success– Premier

ROAD TOWN, Tortola, VI– Virgin Islands (VI) Premier and Minister of Finance, Dr the Hon Natalio D. Wheatley (R7) has called on [British] Virgin Islanders to position themselves to be able to benefit from the territory's growing tourism economy.

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