Beautiful Virgin Islands

Tuesday, Aug 12, 2025

BVICCHA struggles to stay afloat as revenue sinks to ‘all-time low’

BVICCHA struggles to stay afloat as revenue sinks to ‘all-time low’

The BVI Chamber of Commerce & Hotel Association’s (BVICCHA) revenue streams have reached an unprecedented low this year.

Chairwoman of the BVICCHA, Shaina Smith-Archer said this is because of a pandemic-induced economic recession affecting local businesses.

As a result, the Chamber of Commerce has to rely heavily on membership dues and fundraisers to sustain their operation and keep the chamber afloat.

“We have seen our revenue streams shrink to an all-time low and are currently in need of urgent financial support to continue the great work,” Smith-Archer said.

The Chairwoman added that the chamber will accept any donations or pledges that will help them continue its ‘invaluable’ service during these uncertain times.

Businesses called on for support


With the BVICCHA struggling financially, the chairwoman is calling on all active and inactive members for their support.

She also said it has been difficult to keep businesses in operation during the pandemic and has, therefore, commended business owners.

“The past eighteen months have been a chaotic time for Virgin Islands business owners to keep their doors open … I salute all business owners for the persistence they have shown in safeguarding lives and livelihoods during this global health crisis,” the chairwoman added.

Special membership drive


However, she is urging businesses to take advantage of the BVICCHA’s special membership drive that runs from October 15 to December 15 2021.

The drive also applies to not-for-profit organisations.

Smith-Archer said it is a good time for past/inactive members of the Chamber of Commerce to rejoin as they have upgraded their benefits and will be providing more value for membership in the upcoming year.

For new members that join during this drive, the chairwoman said they “will receive a five percent discount on [their] 2022 annual membership fees”.

“If you are a current member and refer a new member who joins from 15th October 2021 to 15th December 2021, you will receive a five percent discount on your 2022 annual membership fees,” she added.

Smith-Archer is also urging businesses to take advantage of what she said is BVICCHA’s affordable advertising services for the promotion of goods and services during the upcoming holidays. She further encouraged businesses to take advantage of the Member-2-Member Discount Plan which is supposed to lower business-to-business costs.

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Trump Proposes Land Concessions to End Ukraine War
New Road Safety Measures Proposed in the UK: Focus on Eye Tests and Stricter Drink-Driving Limits
Viktor Orbán Criticizes EU's Financial Support for Ukraine Amid Economic Concerns
South Korea's Military Shrinks by 20% Amid Declining Birthrate
US Postal Service Targets Unregulated Vape Distributors in Crackdown
Duluth International Airport Running on Tech Older Than Your Grandmother's Vinyl Player
RFK Jr. Announces HHS Investigation into Big Pharma Incentives to Doctors
Australia to Recognize the State of Palestine at UN Assembly
The Collapse of the Programmer Dream: AI Experts Now the Real High-Earners
Security flaws in a carmaker’s web portal let one hacker remotely unlock cars from anywhere
Street justice isn’t pretty but how else do you deal with this kind of insanity? Sometimes someone needs to standup and say something
Armenia and Azerbaijan sign U.S.-brokered accord at White House outlining transit link via southern Armenia
Barcelona Resolves Captaincy Issue with Marc-André ter Stegen
US Justice Department Seeks Release of Epstein and Maxwell Grand Jury Exhibits Amid Legal and Victim Challenges
Trump Urges Intel CEO Lip-Bu Tan to Resign Over Alleged Chinese Business Ties
Scotland’s First Minister Meets Trump Amid Visit Highlighting Whisky Tariffs, Gaza Crisis and Heritage Links
Trump Administration Increases Reward for Arrest of Venezuelan President Maduro to Fifty Million Dollars
Armenia and Azerbaijan to Sign US-Brokered Framework Agreement for Nakhchivan Corridor
British Labour Government Utilizes Counter-Terrorism Tools for Social Media Monitoring Against Legitimate Critics
OpenAI Launches GPT‑5, Its Most Advanced AI Model Yet
Embarrassment in Britain: Homelessness Minister Evicted Tenants and Forced to Resign
President Trump nominated Stephen Miran, his top economic adviser and a critic of the Federal Reserve, to temporarily fill an open Fed seat
The AI-Powered Education Revolution: Market Potential and Transformative Impact
Chikungunya Virus Outbreak in Southern China: Over 7,000 Hospitalized
French wine makers have seen catastrophic damage to vines that were almost ready to be harvested after the worst fires in more than 70 years burned through the south of the country
US Lawmaker Probes Intel CEO’s China Ties Amid National Security Concerns
Brazilian President Lula says he’ll contact the leaders of BRICS states to propose a unified response to U.S. tariffs
Trump Open to Meeting Putin as Soon as Next Week, with Possible Trilateral Summit Including Zelenskiy
Katy Perry and Justin Trudeau spark dating rumors, joining high stakes world of celeb-politician romances
US envoy Steve Witkoff arrived in Moscow to seek a breakthrough in the Ukraine war ahead of President Trump’s peace deadline
WhatsApp Deletes 6.8 Million Scam Accounts Amid Rising Global Fraud
Nine people have been hospitalized and dozens of salmonella cases have been reported after an outbreak of infections linked to certain brands of pistachios and pistachio-containing products, according to the Public Health Agency of Canada
Karol Nawrocki Inaugurated as Poland’s President, Setting Stage for Clash with Tusk Government
Trump Signals JD Vance as ‘Most Likely’ MAGA Successor for 2028
US Charges Two Chinese Nationals for Illegal Nvidia AI Chip Exports
Texas Residents Face Water Restrictions While AI Data Centers Consume Millions of Gallons
U.S. Tariff Policy Triggers Market Volatility Amid Growing Global Trade Tensions
Tariffs, AI, and the Shifting U.S. Macro Landscape: Navigating a New Economic Regime
Representative Greene Urges H-1B Visa Cuts Amid U.S.-India Trade Tensions
U.S. House Committee Subpoenas Clintons and Senior Officials in Epstein Investigation
Sydney Sweeney Registered as Republican as Controversial American Eagle Ad Sparks Debate
Trump Accuses Major Banks of Politically Motivated Account Denials and Prepares Executive Order
TikTok Removes Huda Kattan Video Over Anti-Israel Conspiracy Claims
Trump Threatens Tariffs on India Over Russian Oil Imports
German Finance Minister Criticizes Trump’s Attacks on Institutions
U.S. Proposes Visa Bond of Up to $15,000 for Some Applicants
U.S. Farmers Increase Lobbying Amid Immigration Crackdown
Elon Musk Receives $23.7 Billion Tesla Stock Award
Texas House Paralyzed After Democrats Walk Out Over Redistricting
Mexican Cartels Complicate Sheinbaum’s U.S. Security Talks
×