537 results returned for search: "" category ("Economy" AND "Business")
Bermuda’s gross domestic product (GDP) grew for the first time in five years in 2013.
However, after inflation is taken into account the Island’s economy continued to shrink.
Government statistics released today showed GDP — the total value of goods ...
DATE: Sep 04, 2014
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CATEGORY:
Economy
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Consumers paid 1.8 percent more in June 2014 than they did a year ago for the basket of goods and services included in the Consumer Price Index (CPI). This level of inflation decreased 0.3 percentage points from the 2.1 percent measured in May 2014. ...
DATE: Aug 04, 2014
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CATEGORY:
Economy
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Wealth inequality in Bermuda is the worst it’s been over the last century, according to economist and Bermuda College lecturer Craig Simmons.
The economist warned that failing to listen to the concerns of the people would only encourage the now ubiqu...
DATE: Jul 28, 2014
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CATEGORY:
Economy
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Retail sales rose by 1.8 percent in May — the fourth increase in the first five months of this year.
Takings increased by $1.5 million above the $85.9 million recorded in May 2013, according to figures released by the Department of Statistics today. ...
DATE: Jul 11, 2014
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CATEGORY:
Economy
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An America’s Cup competition in Bermuda could bring hundreds of millions of dollars to the Island over an extended short-term period, but substantially improve long-term tourism and other business prospects, going forward.
Evidence of this is found i...
DATE: Jul 08, 2014
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CATEGORY:
Economy
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AUTHOR:
David Fox, Business Editor
After years of recession, Bermuda’s economy is showing “some signs of a rebound” — but a recovery isn’t guaranteed, according to financial advisers Anchor Investment Management.
And with widespread uncertainty over foreign citizens acquiring Bermuda ...
DATE: Jul 08, 2014
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CATEGORY:
Economy
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AUTHOR:
Jonathan Bell
Construction firms are to get a tax break to help boost jobs and attract foreign investment.
Finance Minister Bob Richards said the scheme would be targeted at major projects like hotels.
“Direct foreign investment is going to be one of the critical ...
DATE: Jun 28, 2014
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
Confidence is growing that an economic recovery is under way in Bermuda, according to a long-standing quarterly survey.
The Bermuda Omnibus Survey reveals that more than half of people — for the first time since well before the Island’s five-year rec...
DATE: Jun 09, 2014
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CATEGORY:
Economy
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AUTHOR:
Jonathan Kent
Labour Market Indicators (LMI) for 2013 released yesterday by the Department of Statistics show the hospitality industry facing a manpower shortage in their kitchens with the top category of job vacancies being chef de partie/cooks numbering 34.
Che...
DATE: May 20, 2014
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CATEGORY:
Economy
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AUTHOR:
Rebecca Zuill
The real estate market ticked upwards last year for the first time since 2008, according to Rego Sotheby’s International.
The company’s president Buddy Rego said dollar volume of deals done last year totalled $225 million — up 13 percent on the $197 ...
DATE: May 13, 2014
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CATEGORY:
Economy
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