Union chief Kevin Grant says that a boost for international business on the Island could bring economic benefit — but that Bermudians needed to be sold on the sector.
Mr Grant said: “When people hear ...
Environmental charity Greenrock has backed a bid by Finance Minister Bob Richards to end power firm Belco’s monopoly and generate more power from renewable sources.
Greenrock executive director Gordon...
Bankers have declined an opportunity to reply to an attack by Finance Minister Bob Richards on their lending and interest policies as a drag on Bermuda’s recovery from recession.
Bermuda Bankers’ Asso...
Digital TV provider WOW is to muscle in on the telecoms market with a package including phone, internet and television services that could help drive prices down.
WOW president and CEO Stanley Wright ...
The Budget underlined overspending by the OBA, Shadow Finance Minister David Burt said last night.
Mr Burt added that Government figures showed it had overspent by $45 million in its first year — desp...
New ways of buying insurance do not generate as many jobs — but Bermuda has to keep its position at the cutting edge of the industry, Finance Minister Bob Richards said yesterday.
Mr Richards added: “...
Bermuda’s banks are a drag on the Island’s recovery from recession, Finance Minister Bob Richards said.
And he said the sector’s get-tough policy on lending and tiny deposit interest rates were “at od...
The Island’s airport is set to be first to be moved out of Government’s hands, Finance Minister Bob Richards said yesterday.
Mr Richards added that the airport building — some of which dates back to t...
A programme of cuts in public spending of more than $70 million was yesterday announced by Finance Minister Bob Richards.
And he signalled further expenditure cuts of 15 percent over the next three ye...
Power firm BELCO’s monopoly on energy supply will be broken, Finance Minister Bob Richards said in his Budget speech.
Mr Richards said the firm’s lack of competition was a contributing factor to the I...
