RANSOMWARE AKIRA BEHIND RECENT CYBER-ATTACK; BVIEC CONFIRMS

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

CCT SETS THE TONE IN RESILIENCE FOR BVI TELECOMS

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 JVD BUSINESSWOMAN GERTRUDE CALLWOOD HAS DIED

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

BVI MAINTAINS ROBUST REGULATORY ENVIRONMENT TO SUPPORT LEGITIMATE BUSINESS

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

SMITH ADDRESSES ‘EMBARRASSINGLY HIGH’ COST OF LIVING

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

BVIAA HOST FIRST ACI AIRPORT DAY 2024

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

VI GOVERNMENT ANNOUNCES INCREASE IN MINIMUM WAGE

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