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
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
The Government of the Virgin Islands is inviting qualified residents on Anegada, Jost Van Dyke, and Virgin Gorda to serve as members on the Festival and Fairs Committee. Interested persons should be deemed to belong to the Virgin Islands by birth or descent or a resident in the Virgin Islands for a minimum of 25 … Continued
The British Virgin Islands House of Assembly came together for a solemn yet celebratory sitting last week to honour the life and legacy of Hon. Eileene Lucia Parsons, OBE, a pioneering political leader, cultural matriarch, and territorial icon who passed away on June 22, just weeks shy of her 95th birthday. But unlike many tributes … Continued
Facing mounting pressure from the United Kingdom over financial transparency, the British Virgin Islands is accelerating its push to modernize its financial services sector — spotlighting FinTech, digital assets, and regulatory innovation as key elements of its national economic strategy. The territory’s efforts were on full display at the FinTech on the Seas conference, held … Continued
The Government of the Virgin Islands has announced the reappointment of Mr. Glenroy Forbes as Chairman of the Social Security Board and Mr. Wendell Gaskin as a Representative of Employed Persons. Both appointments are for a two-year term, with Mr. Forbes’ appointment taking effect from April 1, 2025 to March 31, 2027 while Mr. Gaskin’s … Continued
The issue of utilizing government funds to sponsor private entertainment events continues to be a cause for concern. At a recent government organized press conference, the Premier was asked to confirm the cash component of sponsorship to the BVI Music Festival which is being held this weekend at Cane Garden Bay, and YOLO Promotions from … Continued
Delegates to a Fintech on the Seas conference held in territory were told that for decades the Virgin Islands has been among the most secure, best regulated jurisdictions for international business. Speaking at the opening of the conference, Premier Dr. Natalio Wheatley said Fintech on the Seas is more than an event; it is statement … Continued
The Government of the Virgin Islands has introduced a revised Beneficial Ownership policy that limits access to company ownership records to parties who can demonstrate a legitimate interest. These parties typically include agencies or individuals involved in anti-money laundering, counter-terrorism, or national security investigations. Premier Dr. Natalio Wheatley first outlined the changes in his May … Continued
Premier the Honourable Dr. Natalio Wheatley recently underscored his Government’s dedication to strengthening the agriculture and fisheries sectors, identifying them as crucial pillars in the Virgin Islands’ food security and economic diversification strategy. He spoke during his year two territorial address titled “Building a Sustainable Nation”. He noted that significant progress has already been made … Continued
