News
VI now a fully compliant jurisdiction under EU tax laws
ROAD TOWN, Tortola, VI - The [British] Virgin Islands has now been recognised as a fully compliant jurisdiction for tax purposes under the European Union (EU) having previously been placed on "Annexe ll" of the EU's list while they monitored the Territory’s compliance in matters related to economic substance.
VI consuming $26.16M in fossil fuel per year- Premier Fahie
ROAD TOWN, Tortola, VI - With a consumption of approximately one million gallons of fossil fuel per month, the Virgin Islands (VI) is burning $2.18 million in fossil fuel per month at base cost, which works out to roughly $26.16 million per year, and $130.8 million over five years, according to Premier and Minister of Finance, Hon Andrew A. Fahie (R1).
Premier Fahie attending CARICOM Heads of Gov't Meeting
BRIDGETOWN, Barbados - Premier and Minister of Finance, Hon Andrew A. Fahie (R1) is currently away from the Territory attending the 31st Inter-Sessional Meeting of the Conference of Heads of Government of the Caribbean Community (CARICOM) in Barbados.
Gov't 'working tirelessly' to deliver on green energy promise - Premier Fahie
ROAD TOWN, Tortola, VI - Premier and Minister of Finance, Hon Andrew A. Fahie (R1) has reaffirmed his Government's commitment in delivering promises to transition the Virgin Islands (VI) into a green state and move towards the use of alternative energy.
Governor assents Cybercrime Bill despite 'Free Speech' concerns
ROAD TOWN, Tortola, VI - Even as international media watchdogs and Virgin Islands (VI) Governor, H.E. Augustus J. U. Jaspert cited freedom of expression concerns in the government proposed Computer Misuse and Cybercrime (Amendment) Act, 2019, the bill was assented today, February 12, 2020, paving the way for a new era in VI's ICT use.
Increment payments not coming fast enough -Claude O. Skelton-Cline
BAUGHERS BAY, Tortola, VI - While Government has been keeping its promise of paying outstanding increments to public servants in the Virgin Islands (VI), those payments are not coming fast enough, says commentator, Mr Claude O. Skelton-Cline.
More business ventures & jobs coming- Allison Petrus aka ‘Allie’
FISH BAY, Tortola, VI- The Government of the Virgin Islands (VI) has stated publicly that it will be throwing its full support behind businessman Allison Petrus aka ‘Allie’ and family to encourage them in their endeavour to undertake more business ventures in the Territory and ultimately creating employment.
Business school to be launched in March - Premier Fahie
FISH BAY, Tortola, VI- In keeping with the Virgin Islands Party (VIP)-led administration’s aim to create 1000 jobs in 1000 days, Premier and Minister of Finance Honourable Andrew A. Fahie (R1) said persons desirous of becoming business owners would have an educational facility for that purpose shortly.
HoA sits Feb 20, 2020
ROAD TOWN, Tortola, VI - The Fifth Sitting of the Second Session of the Fourth House of Assembly (HoA) is set to take place on Thursday, February 20, 2020, at the HoA Chambers in Road Town, Tortola.
'D-Tan Spot': McLean family opens business on Brandywine Bay Beach
BRANDYWINE BAY, Tortola, VI - A new family business called 'D-Tan Spot' sprung up its umbrellas yesterday, February 8, 2020, on the white sandy shores of Brandywine Bay Beach on Tortola, Virgin Islands.
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