Someone earning minimum wage in the Virgin Islands would make $240 per week while working full-time. In one month, that number would be about $960 before taxes and social security. …
Anti-money laundering report set for 2024
A long-awaited anti-money-laundering report crucial to the financial services industry’s international reputation will be finalised and published by early next year, according to Deputy Premier Lorna Smith. “The British Virgin …
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Six of 53 apprentices offered jobs
Six of 53 apprentices in various public agencies obtained full-time employment in recent months through government’s Registration, Apprenticeship, Training, Employment and Development (RATED) Programme, according to Premier Dr. Natalio “Sowande” …
United Kingdom receives advice on territories, again
As part of efforts to strengthen the overseas territories’ voice in the United Kingdom’s House of Commons, a UK parliamentary committee recently heard testimony from a university professor and the …
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Vessel licensing act to be amended
Planned amendments to a 1992 law will aim to reform maritime regulations while promoting a “flourishing” marine industry in the territory, according to Premier Dr. Natalio “Sowande” Wheatley. On Tuesday …
Buy BVI back for first time since Irma
For the first time since the 2017 hurricanes, businesses from around the territory showcased their offerings last week at the Buy BVI Trade Expo. The event — which the BVI …
East End roads to get better. Here’s how:
The road between Hodges Creek and Paraquita Bay will get a much-needed facelift by late April after government awarded a $2.3 million contract to Northam Construction for road rehabilitation, officials …
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European Union removes Virgin Islands from blacklist
Last week, the European Union removed the Virgin Islands from its blacklist of “non-cooperative jurisdictions for tax purposes” more than eight months after giving the territory the designation in February. …
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$5.9 million contracted for East End sewage treatment
As part of efforts to tackle a decades-long struggle with wastewater treatment, government signed two contracts worth $5.9 million last week: one to manage and operate the wastewater treatment plant …
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Virgin Islands represented at the Annapolis Sailboat Show
After government officials attended a boat show in Monaco in late September, representatives from the Virgin Islands continued to market the territory as a top sailing destination last weekend at …
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Virgin Islands returns to Monaco Yacht Show
Officials on Friday touted their recent visit to the 32nd annual Monaco Yacht Show and reiterated their intention to continue marketing the territory as a destination for the world’s most …
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Labour policy now in works, deputy premier says
Government is working to create a new labour policy that will address issues including rising unemployment in the territory, according to Deputy Premier Lorna Smith. Ms. Smith — who is …
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Second cohort finishes fintech programme 18 professionals graduate
Eighteen professionals recently graduated as the second cohort of the new fintech programme at the Robert Mathavious Institute for Financial Services at H. Lavity Stoutt Community College. During the six-month …
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Q2 incorporations hit 23-year low
Company incorporations dropped sharply in the second quarter of this year, continuing a downward trend that could see 2023 set a two-decade record by underperforming successive 20-year lows in 2019 …
Shipping Registry set to become statutory body
Legislators recently passed two bills designed to achieve their longstanding goal of replacing the Virgin Islands Shipping Registry with a new statutory body separate from central government. “Today, we propose …
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Paraquita desal plant to be handed over in 2030
The Paraquita Bay water plant will be handed over to government in November 2030, according to Communications and Works Minister Kye Rymer. Mr. Rymer provided updates on the facility while …
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Trade Commission still not operational
Although a board was appointed in May to oversee the new Trade Commission, the statutory body has not started functioning due to longstanding delays caused by a shortage of human …
Huntums Ghut centre promised soon
After years of delays, the government’s Economic Zone project in Huntums Ghut is nearing completion, according to Communications and Works Minister Kye Rymer. “As of September 2023, the project is …
Banks had 530 bad loans in Q1
There were 530 non-performing loans across seven banks that operate in the territory as of the first quarter of the year, according to Deputy Premier Lorna Smith. She provided the …
Virgin Islands hosting talks on illicit finance
As the United Kingdom and her overseas territories prepare for the annual Joint Ministerial Council in November in London, they sent representatives to the Virgin Islands last week for a …
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Financial Services Commission claims its website was cloned
The Financial Services Commission’s website has been cloned at a similar internet address, and the agency said it is working to decommission the fake. The purpose of the fraudulent site …
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College partners with marine industry
Outboard engines, water systems and air-conditioning have been among the topics covered as part of an ongoing Tech Workshop Series offered by H. Lavity Stoutt Community College in partnership with …
Chamber of Commerce rebrands
During an hour-long ceremony last week, the former BVI Chamber of Commerce and Hotel Association formally announced its rebranding. It is now simply the BVI Chamber of Commerce after officially …
Customer service centre relocates
The government’s Customer Service Care Centre has fully relocated to the first floor of the Burhym Building on De Castro Street in Road Town, according to the Deputy Governor’s Office. …
Virgin Islands repped at travel show in Vegas
A delegation from the Virgin Islands met with travel advisors, tour operators, and media representatives during a recent event in Las Vegas, Nevada. The group — which included personnel from …
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