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Economy

GDP report: international business powers island’s economy

Statistics on the island’s gross domestic product shows that Bermuda’s economy grew 4.9 per cent in real terms in 2023
Statistics on the island’s gross domestic product shows that Bermuda’s economy grew 4.9 per cent in real terms in 2023
  • Nov 29, 2024 8:01 AM
Economy

Corporate income tax regime CEO named

Mervyn Skeet assumes the job, stepping down as director of general insurance policy at the Association of British Insurers
Mervyn Skeet assumes the job, stepping down as director of general insurance policy at the Association of British Insurers
  • Nov 22, 2024 3:11 PM
Economy

What Trump 2.0 means for the markets

Bryan Dooley says equity markets have celebrated the end of a key, near-term political uncertainty since the US elections
Bryan Dooley says equity markets have celebrated the end of a key, near-term political uncertainty since the US elections
  • Nov 14, 2024 7:59 AM
Economy

CPI: July food prices rose 4.9% year-on-year

Overall, consumers paid 1.9 per cent more than they did a year ago for the basket of goods and services included in the Consumer Price Index
Overall, consumers paid 1.9 per cent more than they did a year ago for the basket of goods and services included in the Consumer Price Index
  • Nov 12, 2024 6:34 PM
Economy

Report card on Bermuda economy

Rating agency KBRA says Bermuda’s slow recovery from the 2008 global financial crisis was partly owing to a smaller expatriate labour force
Rating agency KBRA says Bermuda’s slow recovery from the 2008 global financial crisis was partly owing to a smaller expatriate labour force
  • Nov 01, 2024 7:59 AM
Economy

Energy stocks for income and growth

Bryan Dooley says energy stock dividends are strong and expected to continue growing
Bryan Dooley says energy stock dividends are strong and expected to continue growing
  • Oct 01, 2024 7:59 AM
Economy

Consumer confidence a mixed bag, survey says

The altered mood is a turn-around from the days of high inflation two years ago
The altered mood is a turn-around from the days of high inflation two years ago
  • Aug 27, 2024 7:59 AM
Economy

Docks cargo declines in sluggish economy

Container volume has suffered a downward trend, a reflection on the fiscal health of the country
Container volume has suffered a downward trend, a reflection on the fiscal health of the country
  • Aug 15, 2024 8:00 AM
Economy

Opposition MP: an economic war is coming

The Government is asked to look closely at market stances taken by domestic insurers
The Government is asked to look closely at market stances taken by domestic insurers
  • Jul 05, 2024 7:59 AM
Economy

Living wage report delayed

More than a year has passed since the implementation of the minimum wage
More than a year has passed since the implementation of the minimum wage
  • Jun 11, 2024 8:00 AM
Economy

Investment needed for infrastructure boom

Governments have acknowledged the urgent need to upgrade ageing buildings, roads and power supplies to bolster sustainable economic growth
Governments have acknowledged the urgent need to upgrade ageing buildings, roads and power supplies to bolster sustainable economic growth
  • May 28, 2024 7:58 AM
Economy

BermudAir launches Saturday Halifax service

The inaugural flight was welcomed with the traditional water cannon salute
The inaugural flight was welcomed with the traditional water cannon salute
  • May 27, 2024 7:32 AM
Economy

Retail sales fall, in yearlong trend

The volume of retail sales index fell for the fifth straight month, and for the eleventh month of the year
The volume of retail sales index fell for the fifth straight month, and for the eleventh month of the year
  • May 23, 2024 6:28 PM
Economy

Mastercard reports record leisure travel

More Americans holidayed internationally in the first quarter than ever
More Americans holidayed internationally in the first quarter than ever
  • May 15, 2024 7:59 AM
Economy

S&P reaffirms Bermuda’s A+ sovereign rating

The rating agency believes that solid economic activity will support low fiscal surpluses over the next few years and limit the need for incremental new borrowing
The rating agency believes that solid economic activity will support low fiscal surpluses over the next few years and limit the need for incremental new borrowing
  • May 09, 2024 10:16 AM
Economy

Bid offers for Elbow Beach Hotel begin

The 44-acre beachfront estate includes the Fritholme Mansion and 67-unit Fritholme Gardens Residences
The 44-acre beachfront estate includes the Fritholme Mansion and 67-unit Fritholme Gardens Residences
  • May 06, 2024 8:00 AM
Economy

Executives wary of global political change

Survey of nearly a thousand executives last month revealed a general economic optimism for the next six months
Survey of nearly a thousand executives last month revealed a general economic optimism for the next six months
  • Apr 08, 2024 7:58 AM
Economy

Bermuda's surplus on trade with non-residents reaches $361m

Government has released the Balance of Payments and International Investment Position for the third quarter of 2023
Government has released the Balance of Payments and International Investment Position for the third quarter of 2023
  • Apr 05, 2024 6:44 PM
Economy

Four reasons to like the market

Chartered Financial Analyst, Bryan Dooley, says trends suggest a positive trajectory for the foreseeable future
Chartered Financial Analyst, Bryan Dooley, says trends suggest a positive trajectory for the foreseeable future
  • Mar 19, 2024 7:57 AM
Economy

Retailers face rising costs and falling sales

One shopkeeper said vendor costs from her overseas suppliers have risen sharply in recent months
One shopkeeper said vendor costs from her overseas suppliers have risen sharply in recent months
  • Mar 18, 2024 8:00 AM
Economy

Report: economy vulnerable to several external risks

The National Economic Report of Bermuda projects the economy will expand within a range of 4.3 per cent to 4.5 per cent in 2024
The National Economic Report of Bermuda projects the economy will expand within a range of 4.3 per cent to 4.5 per cent in 2024
  • Feb 20, 2024 7:59 AM
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