171 results returned for search: "" category "Local Business" author David Fox, Business Editor
A government policy that has allowed second-hand vehicles to be imported for commercial use is under review, a government spokesman has disclosed.
In effect for some years, the policy has quietly slashed the cost of vehicles for small businesses and ...
DATE: Sep 27, 2021
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
Asset managers professionals, angel VCs and others interested in learning and networking with industry advocates have been invited to participate in a lunchtime webinar on Thursday to explore investing in psychedelic technology.
The $60-million Cons...
DATE: Sep 27, 2021
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
Government will expand the powers of the Bermuda Monetary Authority to ensure banks treat their customers fairly, legislators have been told.
Other financial institutions will eventually be included, with an aim of further developing the existing con...
DATE: Sep 13, 2021
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
Unprecedented global forces directly attributable to the pandemic, are raising the cost of building a Bermuda home.
Even those making additions or renovations may face massive price increases on some products, delays, shortages, and in some cases, no...
DATE: Sep 07, 2021
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
The RG/BSX Index closed unchanged today at 2,557.26 in the absence of trading on the Bermuda Stock Exchange. For the week, the index is up 3.58 points (0.13 per cent) after 16,051 shares changed hands, valued at $102,661.50.
The BSX Insurance Index r...
DATE: Aug 20, 2021
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
Residential trash collection is being offered by a local service for just $9 a week in a move aimed at supplementing the government’s once a week free collection.
Kenten Trott said the service is being offered in the eastern parishes – Hamilton Pari...
DATE: Aug 19, 2021
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
In the second year of a pandemic that shuttered Bermuda’s longstanding tourism industry, those who depend on tourism for a living, have truly suffered.
But one tour-boat operator spent the time restoring a storm-battered charter vessel that was writt...
DATE: Aug 17, 2021
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
The rate of inflation rose 1.4 per cent in May as airfares soared more than 27 per cent, the government said today.
The year over year increase in the Consumer Price Index was the highest since August, 2019 when it was 1.5 per cent.
The rise in air...
DATE: Aug 13, 2021
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
Government has seen a thousand applications from those who wish to take advantage of the “Work from Bermuda” initiative in its first year of offer, the finance minister Curtis Dickinson has said.
The Minister also signalled the success of another gov...
DATE: Aug 13, 2021
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
Increasing pressures on the global supply chain are expected to bring added burdens for retailers, drive up prices, reduce availability and impact Bermuda buyers through Christmas, experts are warning.
Supply chain issues have been in train for 18 mo...
DATE: Aug 11, 2021
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor