575 results returned for search: "" category ("Economy" AND "Business")
The historic town of St George’s is building towards a brighter future, according to the owners and operators of some of the town’s new businesses.
Darren Hodsoll and Shelly Carswell of GoJo’s Cafe, on King’s Square, said the owners had planned on sh...
DATE: Jan 19, 2013
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CATEGORY:
Economy
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AUTHOR:
Owain Johnston-Barnes
Figures released by the Finance Ministry yesterday demonstrated that the Progressive Labour Party Government was on the right track, the Opposition Party said yesterday.
In a statement released hours after Finance Minister Bob Richards told the count...
DATE: Jan 17, 2013
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CATEGORY:
Economy
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Finance Minister Bob Richards has responded to criticism about the use of politically appointed consultants by Premier Craig Cannonier.
At yesterday’s press conference, he said a review of consultants and contractors in the civil service is being con...
DATE: Jan 17, 2013
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CATEGORY:
Economy
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Government revenues plunged nearly ten percent in the third quarter of last year as the flagging economy continued to strangle the inflow of funds into the public coffers.
But during the same July-through-September quarter, Government increased its c...
DATE: Jan 15, 2013
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CATEGORY:
Economy
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A researcher at the Bermuda Monetary Authority (BMA) says the global financial crisis has hit Bermuda harder than the rest of the world.
Dr Marcelo Ramella is the deputy director of policy, research and risk at the BMA. He’s a CPA, has an MBA from t...
DATE: Jan 09, 2013
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CATEGORY:
Economy
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The economy is expected to shrink further this year as the Island continues to suffer through what some are saying is really a depression.
Predicted further negative growth in 2013 means Bermuda is likely to endure a fifth year of recession.
Economis...
DATE: Jan 09, 2013
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CATEGORY:
Economy
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LONDON (Bloomberg) — Britain’s tax and spending watchdog attacked the revenue office for failing to prevent tax avoidance among individuals and said more needs to be done to tackle the aggressive use of loopholes.
The National Audit Office praised He...
DATE: Nov 22, 2012
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CATEGORY:
Economy
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Beer, wine and liquor seem to be selling better than ever in Bermuda despite the Island’s sluggish economy.
According to the Government’s monthly Retail Sales Index, sales of liquor, along with food sales, drove retail sales 0.8 percent higher in Se...
DATE: Nov 22, 2012
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CATEGORY:
Economy
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Bermuda’s inflation rate fell below two percent in September for the first time since February 2010.
The rate was down to 1.9 percent from 3.1 percent the month before.
Still, year over year, the cost of good and services was higher — driven by a s...
DATE: Nov 15, 2012
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CATEGORY:
Economy
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Employment directly related to tourism increased 15 percent during 2011, according to Government statistics released yesterday.
The Bermuda Tourism Satellite Account Report 2011 found that 4,199 people were employed in the sector last year, up from 3...
DATE: Nov 06, 2012
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CATEGORY:
Economy
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