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News
Premier Fahie announces more tax cuts on cement, propane gas imports
ROAD TOWN, Tortola, VI – Virgin Islands (VI) Premier and Minister of finance, Hon Andrew A. Fahie (R1) has announced further tax reduction on the price of cement and gas to mitigate the effects of rising global costs on prices in the VI, as a result of COVID-19 and the Ukraine-Russia conflict.
Hons Smith & Vanterpool exempted from vacating seats; To enter contracts with Govt
DUFF'S BOTTOM, Tortola, VI- Two members of the House of Assembly (HoA) who are on the verge of conducting business with the Government of the Virgin Islands have been exempted from vacating their seats in the HoA after motions brought by Premier and Minister of Finance Hon Andrew A. Fahie (R1) were passed without debate.
National AML/CFT Strategic Action Plan set for HoA tabling
ROAD TOWN, Tortola, VI - The Cabinet of the Virgin Islands (VI) has referred to the HoA, the AML/CFT Policy as considered and approved by the National Anti-Money Laundering and Terrorist Financing Coordinating Council (NAMLCC) with the aim of minimising the Territory’s risks of money laundering (ML) and terrorist financing (TF).
Gov’t delivered almost $330M in revenues despite COVID-19– Hon Vanterpool
ROAD TOWN, Tortola, VI - Member of Her Majesty’s Opposition, Hon Mark Vanterpool (R4) said he is thankful that in the face of the COVID-19 pandemic, the Fahie Government was still able to generate nearly $330 Million in revenue.
Hon Penn predicts bleak future for VI without expat workers
ROAD TOWN, Tortola, VI – Virgin Islands Opposition Leader Hon Marlon A. Penn (R8) is predicting a bleak economic future for the territory should expat workers leave and fuel a labour shortage.
Dr Mathavious always strived to be 'top of his game' - Mrs Kharid T. Fraser
SCRUB ISLAND, VI – Dr Robert A. Mathavious, regarded as the father of VI’s financial services sector has been hailed as a man who always strived to be at the top of his game and “Being the best” according to Mrs Kharid T. Fraser, the Deputy Chair of the FSC Board of Commissioners.
FSC now in hands of ‘younger, well prepared & talented team’- Dr Mathavious
WICKHAM'S CAY II, Tortola, VI – Retried former Managing Director and Chief Executive Officer (CEO) of BVI Financial Services Commission (FSC) Dr Robert A. Mathavious says as he comes to the end of the road of his decades' long financial career, he does so with the knowledge that the sector is in capable local hands.
COVID-19 curfew lifted; Social distancing in place for events
ROAD TOWN, Tortola, VI – Authorities in the Virgin Islands (V) have removed that national COVID-19 curfew, however, persons hosting events will still be required to ensure the public health guidelines are followed.
VI secures more cruise calls @ Seatrade Cruise Global 2021 - Premier Fahie
MIAMI, Florida, USA - The Virgin Islands delegation led by Premier and Minister of Finance, Hon Andrew A. Fahie (R1) at the 2021 Seatrade Cruise Global conference held in Miami Florida has secured more cruise calls to the territory as the administration seeks to further boost cruise tourism numbers halted by the COVID-19 pandemic.
‘Where would we have been’ had VI signed loan guarantee?'– Hon Rymer
DUFF’S BOTTOM, Tortola, VI - Minister for Transportation, Works and Utilities, Hon Kye M. Rymer (R5) has questioned the would-be status of the Virgin Islands (VI) had the territory taken up the £300M loan guarantee offered by the United Kingdom (UK) following the devastating hurricanes of 2017.
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