AG. CEO SPEAKS ON CHALLENGES IN SCHOOLS

In a recent interview, Acting Chief Education Officer in the Ministry of Education Orlandette Crabbe outlined a number of factors contributing to the demise of many of the territory’s children. She was at the time addressing the ongoing matter regarding students taking sexual drugs as well as violence. She began by addressing the policy in … Continued

Connect Enterprises Ltd award CGB Sewage Project

A contract valued at $3,785,274.55 was officially awarded to Connect Enterprises Limited for work on Phase 2 of the Cane Garden Bay Sewerage Network Project. Phase two of the project entails the installation of approximately 4500 linear feet of gravity main sewer lines and pumping mains. The works also include the construction of a new … Continued

BVI secures BBB/A-2 sovereign credit rating by S&P; “stable” outlook

The British Virgin Islands’ investment in its institutional framework and economic development has designated the territory’s sovereign credit rating as investment grade BBB/A-2 by S&P. The rating was accompanied by a “stable” outlook, indicating that the BVI is on sound footing as a hub for global financial services and warrants increased investor confidence. The territory … Continued

Agriculture And Fisheries Month To Feature Resilience Of Sectors

Agriculture and Fisheries Month will be observed this year with activities designed to highlight the ingenuity and resilience of the local sectors. In a Government Information Services release it was announced that the month’s observance will be held from March 8 to 29 and will feature activities including exhibitions, markets, and a panel discussion aimed … Continued

TOMORROW’S LEADERSHIP INTERNSHIP PROGRAMME RETURNS

BVI Finance, in partnership with the Ministry of Financial Services, Economic Development and Digital Transformation, has announced the return of the Tomorrow’s Leaders Internship Programme following its highly successful inaugural year. This initiative aims to provide BVI students with invaluable work experience in the financial services industry, fostering the development of future decision-makers through hands-on … Continued

LAKE WEIGHS IN ON PARI-MUTUEL BETTING IN THE VI

Businessman and horseman Mr. Alex Lake in a recent episode of The Art of a Distinguished Gentleman weighed in on the ongoing battle to solidify a robust pari-mutuel betting commission in the Virgin Islands. The question was posed as Christian liberals in the Virgin Islands continue to push against such a development. Lake credited former … Continued

A PHASED INCREASE APPROACH TO MINIMUM WAGE LIKELY

During a recent radio interview on local show Tola Radio, the Premier of the Virgin Islands Dr. the Hon. Natalio Wheatley provided an update on the delayed minimum wage increase. Premier Wheatley said updates will be forthcoming with the possibility of a phased increase approach. The leader of government business also shared that considerations are … Continued

BOSSs TO VIRRGIN A TRANSITION IN FINANCIAL SERVICES

The BVI’s Financial Services sector continues to navigate various challenges while seeking to safeguard its future. The importance of the sector and its stability remains crucial to the Virgin Islands’ economy. Mr. Kenneth Baker, Managing Director and CEO of the Financial Services Commission recently provided key updates on the financial services sector in the Virgin … Continued