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Premier to embark on Asia Trade Visit in Feb
During his first press conference for the year on Thursday, January 23, 2025, the Premier said the Asia-Pacific region continues to be a high-value market for the Virgin Islands’ Financial Services Industry.
“The region generates significant business for the BVI. We have built some strong relationships there – which we must continue to strengthen. It is also important for us to ensure that we create awareness of our offerings and remind players why the BVI is the best place to do business,” he said.
Stops in Hong Kong, Macau & Malaysia planned
Dr Wheatley will lead a team to the Asia-Pacific region making stops in Hong Kong, Macau and Malaysia.
He said in Macau, the team will pay a courtesy call on the Macau Government.
According to the Premier, Macau is the number 1 ranked Gaming Capital of the world, ahead of Las Vegas and Atlantic City, and longtime partner jurisdiction of the BVI utilizing BVI’s Financial Services to funnel USD$1.4 billion of inward investment into its economy.
“Along with reaffirming financial service ties, one of our main objectives will be consulting Macau’s Gaming Commission and seeking partnerships to jumpstart the BVI’s Gaming Industry in the near future,” he explained.
While in Malaysia, a courtesy call will be paid to the Labuan Financial Services Authority and Malaysia Ministry of Trade and International Investment Authority.
Dr Wheatley said, “BVI products have been sold out of Malaysia’s financial centre consistently for the last 15 years and BVI is seeking to upscale our market presence, reflective of the region’s dramatic growth. One of our main objectives in Malaysia will be to secure cooperation agreements that will boost the sale of BVI products in the region, and we will be having meetings with key officials to this end.”
Team will visit partner universities under Asia Abroad Programme
Also while in the Asia-Pacific region, Premier Wheatley intends to visit partner universities in the VI’s Asia Abroad Programme.
Currently, there are seven Virgin Islanders undertaking full-time university studies.
“Persons would recall that in 2021, while I was serving as Minister of Education, I had backed the establishment of the Programme, and I maintained my support for it when I assumed the role of Premier,” he said.
The Premier will be hosted by the Chancellors of the University of Macau, University of St. Joseph, and Macau University of Tourism Studies, and will discuss increasing areas of cooperation and more educational opportunities for Virgin Islanders at their institutions.
“All indications are that this series of engagements will be very fruitful for the Virgin Islands,” he assured.
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18 Responses to “Premier to embark on Asia Trade Visit in Feb”
This guy is SOMETHING ELSE!
OFF TO CHINA ON A SITE SEEING TOUR IN FEBURARY AND BACK IN TIME FOR THE CRIMINAL CONCERT IN MARCH.THIS MAN IS ALWAYS UP IN THINGS THAT DON’T CONCERN HIM. HUNDRED OF THOUSANDS OF TAX PAYERS DOLLAS FOR FIRST CLASS PLANE TICKES AND FIVE STAR ACCOMMODATIONS. YOU DUMB @$$@$ IN THE BVI GOT WHAT YOU WISHED FOR.YOU ALL GOT WHAT YOU DESERVE. CAN’T BLAME THE MAN DEAL WITH IT FOR THE NEXT TWO YEARS
Ah want VIP k!|| um.
Bring roulette