Caribbean News Now!

About Us Contact Us

Countries/Territories

Jump to your country or territory of interest

Advertise with us

Reach our daily visitors from around the Caribbean and throughout the world. Click here for rates and placements.

Contribute

Submit news and opinion for publication

Subscribe

Click here to receive our daily regional news headlines by email.

Archives

Click here to browse our extensive archives going back to 2004

Also, for the convenience of our readers and the online community generally, we have reproduced the complete Caribbean Net News archives from 2004 to 2010 here.

Climate Change Watch

The Caribbean is especially vulnerable to rising sea levels brought about by global warming. Read the latest news and information here...

Follow Caribbean News Now on Twitter
Connect with Caribbean News Now on Linkedin



News from the Caribbean:


Back To Today's News

BVI presses ahead with opening of Asia office
Published on May 10, 2013 Email To Friend    Print Version

ROAD TOWN, BVI -- As part of its strategy to boost ties with emerging markets in financial services and tourism, the British Virgin Islands government is forging ahead with plans to open a representative office in the Asia/ Pacific region in the coming months.

In his 2013 budget address, BVI Premier Dr Orlando Smith announced the government's plans to open an office in Hong Kong as the territory's Asian regional hub.

The premier said, “We have long viewed the establishment of a Far East BVI representative office as a major component of the strategy to expand and deepen the commercial footprint of the territory’s financial services sector in this important market. In this regard, this government has decided to establish a modest office in Hong Kong to service that region.”

The premier also noted that the functions of the office will include diplomatic representation in the Asia Pacific region, strengthening BVI’s voice with government authorities in the region, and promoting BVI business including tourism and new international investment opportunities.

Chair of the BVI's Financial Services Business Development Committee, Lorna Smith, recently travelled to Hong Kong to prepare for setting up the new BVI office. She will be making the official and logistical arrangements to allow for the office's official opening. The government is currently recruiting an experienced professional to serve as the head of the office once it is established.

This will be the BVI’s second office established in a major international region. More than 10 years ago, Mrs Smith was responsible for successfully establishing the BVI London House in the United Kingdom to serve London and the European region. She also served as the first director of that office. As director, she led a number of major initiatives, including strengthening ties with the European Community through the Overseas Countries and Territories Association, the establishment of the BVI All Party Parliamentary Group and the Friends of the BVI.

The BVI's Asia office is expected to mirror similar activities of the BVI London Office, but with a particular focus on financial services, as the Asia region is one the territory's primary markets.

The government of the BVI said it remains committed to further enhancing the territory’s tourism and financial services industries.
 
Reads: 2483





Click here to receive daily news headlines from Caribbean News Now!



Back...

Comments:

No comments on this topic yet. Be the first one to submit a comment.

Back...

Send us your comments!  

Send us your comments on this article. All fields are required.

For your contribution to reach us, you must (a) provide a valid e-mail address and (b) click on the validation link that will be sent to the e-mail address you provide.  If the address is not valid or you don't click on the validation link, we will never see it!

Your Name:

Your Email:

(Validation required)

Comments:
Enter Code



Please note that, if you are using an AT&T domain email address, e.g. att.net, bellsouth.net, sbcglobal.net, the verification email will likely not be delivered. This is outside of our control and the only remedy seems to be for readers to complain to AT&T





Disclaimer
User comments posted on this website are the sole views and opinions of the comment author and are not representative of Caribbean News Now or its staff. Caribbean News Now accepts no liability and will not be held accountable for user comments.
Caribbean News Now reserves the right to remove, edit or censor any comments. Any content that is considered unsuitable, unlawful or offensive, includes personal details, advertises or promotes products, services or websites or repeats previous comments will not be approved.
Before posting, please refer to our Terms of Use and Privacy Policy.



Other Headlines:



Regional Sports: