206 results returned for search: "" category "Local Business" author David Fox, Business Editor
Even though there is little evidence of any strong uptick in economic activity to date, Bermuda’s economy has stabilised, LOM (Holdings) Ltd CEO Scott Lines said yesterday.
And he sees policy changes to attract more international capital into the rea...
DATE: Jul 24, 2014
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
The Department of Energy begins this week seeking advice on establishing a new energy regulatory environment, with a promise of public consultation later this year. The new regulatory regime for energy in Bermuda is a priority for the Ministry of Edu...
DATE: Jul 22, 2014
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
Bermuda’s newest nightclub has an “old school” name, and an updated version of the go-go girls from the 1970s nightclub scene.
But it may be another sign that Bermuda businesses have confidence in an impending economic recovery.
The club’s owners ar...
DATE: Jul 17, 2014
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
Morgan’s Point owners are in a race against time to complete the first phase of development by the end of 2016, with their fingers crossed at the possibility for an America’s Cup in the Great Sound in the summer of 2017.
The significant building proj...
DATE: Jul 15, 2014
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
There was clear evidence this week that a deal has been done to complete the sale of the Newstead Belmont Hills Golf Resort Property, after three years of receivership.
In fact, it would appear that there has been sudden and substantial movement, sin...
DATE: Jul 11, 2014
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
There are shifting sands in the world of Bermuda’s public accountants, who have now accomplished what many said was impossible.
They have unified under one umbrella organisation, bringing together more than 820 professionals of three different accoun...
DATE: Jul 09, 2014
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
Creditors of the former owner of the Pink Beach Club in Tucker’s Town are moving closer to the final dispensation of remaining assets.
They will learn a week today, the latest news on the club’s one time parent company, Pink Beach Ltd, which is in th...
DATE: Jul 04, 2014
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
Reid Street is about to sizzle with a new nightspot unlike any other — one that could bring live music, employment for Bermudian entertainers and some much needed pizazz to Hamilton nightlife.
Entrepreneur Kemar Maybury — of Smokin’ Barrel fame — has...
DATE: Jul 03, 2014
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
A Bermuda bank has challenged the Standard & Poor’s Rating Services decision to lower Bermuda’s Banking Industry Country Risk Assessment (BICRA) score Butterfield Bank last night expressed optimism in the Bermuda economy and said S&P erred in its for...
DATE: Jul 03, 2014
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
After allegations from the People’s Campaign that the actions of the Clarien Bank caused local families to lose their mortgages, the bank said it was pursuing dialogue with the activist group.
But they refused to be drawn on the veracity of the claim...
DATE: Jun 09, 2014
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor