537 results returned for search: "" category ("Economy" AND "Business")
A deposit insurance scheme to protect customers' money in the bank is set to be introduced in 2012, the Bermuda Monetary Authority's (BMA) CEO Jeremy Cox revealed yesterday.
Mr Cox, who was launching the BMA's 2011 business plan to key stakeholders i...
DATE: Feb 03, 2011
|
CATEGORY:
Economy
|
Bermuda and the Czech Republic negotiators met this week to finalise discussions on a tax information exchange agreement (TIEA) between the two countries.
Premier and Finance Minister Paula Cox said that the text of the agreement now had to be approv...
DATE: Feb 02, 2011
|
CATEGORY:
Economy
|
DAVOS, Switzerland (AP) It has been the question of the day at every high-powered international gathering for two years: Are we out of the woods? The answer at this year’s World Economic Forum appears to be an optimistic “Yes, but...”
The world may h...
DATE: Jan 27, 2011
|
CATEGORY:
Economy
|
Business leaders met with Minister of the Economy, Trade and Industry Kim Wilson yesterday to air their views on the economy at a roundtable discussion held on Monday.
The talks, described in a Government press release as “robust and frank”, focused ...
DATE: Jan 26, 2011
|
CATEGORY:
Economy
|
Capital G Bank mortgage holders will see their repayments rise from next month when the bank will raise its lending rate by 0.25 of a percentage point.
The move, which takes effect on February 1, will take the bank’s residential and commercial lendin...
DATE: Jan 24, 2011
|
CATEGORY:
Economy
|
Bermuda's service industry is feeling the knock-on effect of the recession, with one company's accounts receivable up 25 percent over the past year.
Air Care Ltd's general manager Robert Platt said that sales were down 20 percent during 2010 compared...
DATE: Jan 21, 2011
|
CATEGORY:
Economy
|
Economy Minister urged businesses to hire locals.
She said they should go to the Department of Labour and Training before the Department of Immigration.
“It behooves you as an employer and Bermuda as a whole that you explore the local expertise avail...
DATE: Jan 21, 2011
|
CATEGORY:
Economy
|
HSBC does not believe Bermuda will see a high number of foreclosures this year.
The bank's Deputy CEO Richard Mosley said unlike the US, Bermuda was a more conservative market where people work hard to retain a ‘piece of the rock'.
Last year less tha...
DATE: Jan 21, 2011
|
CATEGORY:
Economy
|
Chief fire officer Vincent Hollinsid yesterday said that the Fire Service is still committed to hiring Bermudian.
However, like many other local services and businesses, the he said they have been having continued difficulty finding qualified Bermudi...
DATE: Jan 21, 2011
|
CATEGORY:
Economy
|
AUTHOR:
Owain Johnston-Barnes
Directors of the Butterfield Liquid Reserve Fund Ltd - where investors’ money has been trapped for 18 months - have called a special general meeting of shareholders for February 8.
The fund, which is managed by Butterfield Asset Management Ltd was ba...
DATE: Jan 19, 2011
|
CATEGORY:
Economy
|
