Bermuda is to take part in a virtual forum organised to promote good governance and strong oversight of public finances across the Overseas Territories.
The eve...
Bermuda is to take part in a virtual forum organised to prom...
A $43.3 million deficit was recorded by the Government in the first half of the financial year, the finance minister revealed yesterday.
Curtis Dickinson t...
Blue chip names are prepared to invest in the redevelopment of the island’s biggest hotel, the finance minister said today.
Curtis Dickinson said Gencom, the US...
Bermuda is on a “glide path” to a small budget surplus by 2023-24, the finance minister said yesterday.
Curtis Dickinson added the country’s last round of borro...
An accounting and auditing heavyweight is to lead the Government’s economic recovery plan, the finance minister revealed yesterday.
Curtis Dickinson said financ...
OK, so we all understand the country is in deep financial trouble. The Government admits to it, the Chamber of Commerce admits to it, and every sector of commer...
A global agreement on minimum corporate tax rates has approved an exclusion for the island’s international insurance industry.
Curtis Dickinson, the minister of...
The owners of the island’s biggest resort lobbied the Government for a delay to $11 million in redundancy payments to staff until a year after they were laid of...
Unexpected losses at two Bermuda hotels were predicted to hit about $30 million by last spring, the head of the company that owns them told the Government.
Kari...
Talks about the redevelopment of the Fairmont Southampton continued in the Government last week, a spokeswoman has confirmed.
But officials did not answer a ser...
Sweeping changes to the global tax system were agreed to yesterday by more than 130 countries that could wreak havoc on Bermuda’s major economic pillar – intern...
Government suffers $43.3m deficit in first half of year
Nov 13, 2021 7:36 AM
People allowed to withdraw a further $6,000 from pensions