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Stamp duty payable on lease agreements is set to rise sharply if legislation passed by the House of Assembly, and currently before the Senate, comes into force. Under current legislation, a flat stamp duty fee is based on the monthly rent of the prop...

Bermuda’s business leaders have pledged support for the Bermuda Government’s efforts to remove the island from the European Union’s list of noncooperative tax jurisdictions. The head of Bermuda’s largest trade organisation, meanwhile, said that he is...

New financing for the resort development at Morgan’s Point is “close to happening”, a Bermuda Government minister said yesterday. Walton Brown, Minister for the Cabinet Office, said there were plans in the works to realise the financing for the proje...

Six Bermudians are to be hired as “sports trading operators” by an international algorithmic trading company which is setting up an office on the island. The jobs are advertised on the Department of Workforce Development’s Bermuda Job Board. Successf...

Hamilton Princess & Beach Club has become the first business to introduce the use of environmentally safe hay straws to Bermuda. The new straws replace plastic straws, which were phased out of use in the hotel’s restaurants and bars last year. A stat...

Fifteen people have completed the training necessary to assess tradespeople who are seeking to obtain national certification in their area of speciality. Participants representing the automotive, electrical and landscape industries, the Occupational ...

The Bermuda Chamber of Commerce will hold its annual budget breakfast on February 25, the organisation announced today. The event, taking place three days after the February 22 Budget Statement is to be delivered in the House of Assembly, will be hel...

In the final article in a five-part series examining the impact of the ageing of Bermuda’s population, we look at the potential solution: economic growth. Facing an ageing and shrinking population, declining workforce, spiralling healthcare costs, un...

Sir John Swan has found the enemy — and the enemy is us. Bermuda’s longest-serving premier, for decades one of the island’s most successful businessmen, said more must be done to improve conditions in Bermuda. He was speaking in the context of The Ro...

Entrepreneurs should view Bermuda’s ageing population as an opportunity, a leading business adviser has claimed. Erica Smith is the executive director of the Bermuda Economic Development Corporation, which is designed to assist the Government in enco...