Unite BVI has announced the launch of the 2024 KickStart BVI Small Business Loan Programme, designed to provide financial support and resources to BVI-based entrepreneurs. This initiative aims to stimulate economic growth and development in the British Virgin Islands (BVI) by offering zero-interest loans, free training, mentorship, and networking opportunities. The loan programme is open … Continued
The British Virgin Islands Tourist Board & Film Commission (BVITBFC) brought the essence of the BVI to life at the prestigious Virtuoso Travel Week in Las Vegas, held from August 10–16, 2024. The delegation, led by Director of Tourism Clive McCoy, included International Marketing Manager Feliza Fenty and Regional Business Development Managers Hazel Penn (Canada … Continued
The British Virgin Islands Electricity Corporation (BVIEC) has confirmed that the ransomware known as Akira is responsible for the recent cyber-attack that disrupted the company’s operations. This revelation was made by BVIEC’s General Manager, Dr. Neil Smith, during a recent interview with local media. Dr. Smith disclosed that the cyber-attack was initially identified last week, … Continued
Caribbean Cellular Telephone (CCT) continues to establish itself as the most reliable choice for telecommunications in the British Virgin Islands (BVI). This reputation was further solidified during the recent passage of Tropical Storm Ernesto, which has since intensified into Hurricane Ernesto. Despite the storm’s unexpected strength, CCT’s network sustained minimal damage and maintained service, underscoring … Continued
Prominent and longstanding businesswoman Gertrude Callwood has died. The news was announced via Gertudes Beach Bar and Grill’s Facebook post Sunday August 18, 2024. The post stated, “Good day beautiful family and friends of Mama Gertrude of Gertrudes Beach Bar. It is with sad news that we announce the passing of our dearly beloved mother, … Continued
The British Virgin Islands Financial Services Commission (FSC) is making substantial strides in its regulatory framework to cement the BVI’s position as a leading global financial centre. In a BVI Finance Breakfast Forum, on the 24th of July, Glenford Malone, Deputy Managing Director of Regulation, highlighted the FSC’s commitment to implementing the recommendations from the … Continued
The British Virgin Islands’ Minister for Financial Services, Labour and Trade, Hon. Lorna Smith OBE, has expressed hope that the private sector will consider raising salaries across the board following the proposed minimum wage increase. This sentiment comes amid discussions about the significant gap between the new minimum wage and what is considered a livable … Continued
In a recent live discussion on the Government of the Virgin Islands Facebook Page, Hon. Lorna Smith OBE, Minister for Financial Services Labour and Trade, unveiled plans for significant economic reforms in the British Virgin Islands (BVI). According to Smith, the territory is poised to implement both consumer protection measures along with the new minimum … Continued
The Government of the Virgin Islands hosted the first-ever ACI Airport Day event in the Virgin Islands on July 9, 2024, organised by the Airports Council International – Latin America and Caribbean (ACI-LAC) in collaboration with the BVI Airports Authority. This landmark event brought together leading airport industry executives and authorities from across the world … Continued
The Government of the Virgin Islands has announced an upcoming increase in the Territory’s minimum wage. Deputy Premier and Minister for Financial Services, Labour, and Trade, Honourable Lorna Smith, OBE, disclosed that the minimum wage will rise to $8.50 per hour, effective from 30th November 2024. She emphasized that this adjustment is part of a … Continued
