537 results returned for search: "" category ("Economy" AND "Business")
February’s retail sales volume fell 4.4 per cent compared to last year, according to Retail Sales Index figures released by the Ministry of Economy and Labour.
In value terms, retail sales revenue remained the same as the previous year (February 2021...
DATE: May 16, 2022
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CATEGORY:
Economy
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Consumers paid 2.5 per cent more in February than they did a year ago for the basket of goods and services included in the Consumer Price Index, the Ministry of Economy and Labour reported today.
This level of inflation was the same as the January an...
DATE: May 16, 2022
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CATEGORY:
Economy
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Bermuda’s sovereign credit rating, which helps to determine the cost of the island’s debt and its ability to borrow money, has been reaffirmed by a top ratings agency.
Standard & Poor’s has reaffirmed Bermuda's A+ sovereign credit rating, the Govern...
DATE: May 11, 2022
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CATEGORY:
Economy
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AUTHOR:
News Staff
The electronic communications sector’s contribution to the island’s economy fell by nearly eight per cent in 2020
DATE: Apr 28, 2022
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CATEGORY:
Economy
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AUTHOR:
Duncan Hall
Retail sales remain in a tailspin seven months on, with the latest figures showing they fell again in January, this time down 6.3 per cent compared with the same period last year. In value terms, retail sales fell 2.7 per cent from the previous year’...
DATE: Apr 28, 2022
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CATEGORY:
Economy
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AUTHOR:
David Fox, Business Editor
A common topic among investors is how to protect asset values and incomes while inflation is rising. The major asset classes: stocks, bonds and cash, do not immediately appear to offer a direct hedge against the impact of rising prices, leading some ...
DATE: Apr 19, 2022
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CATEGORY:
Economy
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AUTHOR:
Bryan Dooley
Increases in food prices and health insurance were responsible for the inflation rate hitting 2.5% in January, the Government reported
DATE: Apr 07, 2022
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CATEGORY:
Economy
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December 2021 was a less than merry month, according to the latest retail sales report from the Department of Statistics.
The December 2021 Retail Sales Index report showed that the volume of retail sales fell 8.8 per cent compared with the same mont...
DATE: Mar 29, 2022
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CATEGORY:
Economy
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AUTHOR:
Jessie Moniz Hardy
The Cayman Islands may keep an eye on Bermuda as they review a $6-an-hour minimum wage implemented in March 2016.
The Cayman Compass is reporting broad support for a review of the six-year-old benchmark.
Chris Saunders, the Deputy Premier concede...
DATE: Mar 29, 2022
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CATEGORY:
Economy
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AUTHOR:
David Fox, Business Editor
A United Nations official doubts that the development of a fintech industry will help those Bermudians most in need
DATE: Mar 21, 2022
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CATEGORY:
Economy
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AUTHOR:
David Fox, Business Editor
