SUPPLIER MISAPPROPRIATES VIRGIN ISLANDS ICON AWARDS FUNDS – MATTER TURNED OVER TO AUTHORITIES

The producers of The Virgin Islands Icon Awards (VIcons), a celebration of Virgin Islands excellence, are deeply dismayed to report a serious breach of trust involving a contracted supplier. During a routine check on expected deliverables, including the swag bags and their contents, for The Virgin Islands Icon Awards held Sunday, it was discovered that … Continued

GOVERNMENT SEEKS PRICE STABILITY ON FOOD ITEMS AS $7.25 MINIMUM WAGE TAKES EFFECT

Junior Minister for Financial Services and Economic Development Honourable Lorna Smith, OBE, met with representatives from major local supermarkets to discuss measures aimed at maintaining stable prices on essential food items. The meeting held June 27 formed part of the Government’s ongoing efforts to safeguard the cost of living for residents, particularly in light of … Continued

MINISTER SMITH CALLS SUPERMARKET TALKS ‘VERY GOOD’ AS FOOD PRICE DISCUSSIONS BEGIN

Junior Minister for Financial Services and Economic Development Lorna Smith has described her meeting with representatives from major local supermarkets as a very good one. Minister Smith met with them to discuss measures aimed at maintaining stable prices on essential food items. The meeting held June 27 formed part of the Government’s ongoing efforts to … Continued

PEDESTRIAN ACCESS, BEAUTIFICATION, AND DRAINAGE TOP PRIORITIES IN ROAD TOWN RENEWAL

Road Town is preparing for a long-anticipated transformation, as the Virgin Islands government allocates $1.2 million to begin a phased redevelopment of the capital. The initiative will be guided by a public-private partnership model, focused on strategic upgrades, stakeholder collaboration, and sustainable community development. Premier Dr. Natalio Wheatley, speaking during the recent Road Town Partnership … Continued

94% OF FINTECH LEADERS SAY CROSS-BORDER EXPANSION IS CRUCIAL, SAYS BVI FINANCE REPORT

The Destination Digital report launched last week by BVI Finance, reveals the strategic priorities, challenges, and jurisdictional considerations facing global fintech businesses. BVI Finance says that based on the views of 451 fintech executives from the world’s major financial hubs, it finds a striking 94% of global fintech leaders consider cross-border growth either critical or … Continued

PREMIER WHEATLEY: BVI MUST KEEP MARKETING FINANCIAL SERVICES AMID GLOBAL SCRUTINY

While the Virgin Islands faces increased scrutiny in its financial services sector it is important that they continue to market the territory’s offerings. That’s according to Premier and Minister of Finance Dr. Natalio Wheatley who spoke on the sidelines of the Fintech on the Seas Conference held here recently. The conference focused on dialogue, exploration, … Continued

CLIMATE TRUST FUND TO SUPPORT SUSTAINABLE ROAD TOWN DEVELOPMENT, SAYS BURNETT PENN

The influx of the sargassum seaweed is directly related to climate change and Environmental Officials want to ensure all the factors related to this global phenomenon are factored into the Road Town Development partnership. Wednesday marked the first town hall meeting dedicated to the Project. The meeting brought together members of the business community, Government … Continued