537 results returned for search: "" category ("Economy" AND "Business")
Retail sales slid 2.3 percent in March compared to the same month last year — a dip partly attributed to a later Easter holiday this year.
Leading the slide were building supplies stores, whose takings slumped 19.2 percent on the back of a decline in...
DATE: May 08, 2014
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CATEGORY:
Economy
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AUTHOR:
Jonathan Kent
The price of a basket of groceries has risen by two percent in the last year, according to the latest statistics.
The inflation rate has risen from the 1.7 percent increase in good and services prices recorded in February, and will dent recent claims...
DATE: Apr 29, 2014
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CATEGORY:
Economy
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AUTHOR:
Gareth Finighan
Bermuda is on the road to economic recovery — despite the loss of more than 1,100 jobs, according to the latest Government figures.
Bermuda College economics lecturer Craig Simmons said that there was evidence that Bermuda was becoming better value f...
DATE: Apr 24, 2014
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
Nearly half the Island’s residents have thought about leaving Bermuda due to the economic climate.
Adults aged 18 to 34 are the likeliest age bracket to consider leaving the Island for fairer shores: 62 percent said yes, according to a survey commiss...
DATE: Apr 23, 2014
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CATEGORY:
Economy
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AUTHOR:
Jonathan Bell
“The largest increase came in the health and personal care sector and remained the largest contributor to the 12-month rate of price increases at 7.7 percent.”
The report added: “The food sector along with the transport and vehicles sectors also impa...
DATE: Apr 02, 2014
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CATEGORY:
Economy
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A major conference on global Islamic finance in London was “very encouraging” for Bermuda, Premier Craig Cannonier said last night.
Now Government plans to invite key players from the multibillion dollar Islamic financial work to the Island in a bid ...
DATE: Mar 29, 2014
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
Tough new work permits regulations with fines of up to $25,000 for criminal breaches of immigration law will come into force at the start of next month.
Home Affairs Minister Michael Fahy said: “The new powers of the Chief Immigration Officer to levy...
DATE: Mar 28, 2014
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
Those prices were in cents not dollars.
We apologise for the error.
DATE: Mar 05, 2014
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CATEGORY:
Economy
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Planning a barbecue? Expect to pay more with leading price increases in grocery stores reported for soft drinks at 11.4 percent, frozen spare ribs at 8.9 percent and mayonnaise at 5.4 percent. These were some of the food price changes in grocery stor...
DATE: Feb 28, 2014
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CATEGORY:
Economy
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AUTHOR:
Rebecca Zuill
Big business has backed a relaxation of the rule ensuring majority Bermuda ownership of local companies.
The Association of Bermuda International Companies (ABIC) said that the Budget pledges to review of the 60/40 rule, support for the Bermuda Busin...
DATE: Feb 26, 2014
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
