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The overall balance of payments picture shows a healthy current account surplus of $51 million to the end of the third quarter, in just released figures by the Bermuda Monetary Authority (BMA). The surplus is comprised of a $20-million deficit in the...

with an investigation into the Bermuda Bakery Ltd. has not contravened any provision of his Police bail, contrary to broadcast reports. And Police said they do not consider the man, believed to be former Bakery controller Mr. Earl Fithian, to be "on ...

Financial irregularities concerning the Bermuda Bakery Ltd. have been the subject of a fraud investigation for weeks, Police confirmed yesterday. And Police officials said an employee of the company was arrested December 1 upon arrival at the airport...

The Bermuda Monetary Authority may have boosted the image of Bermuda institutions that have offices in the Far East through meetings with regulators and supervisors of Asian financial institutions. In Asian countries, Government backing brings more p...

When Opposition MP Ms Renee Webbe, in the course of heckling the Government in the House of Assembly last Friday, said former Environment Minister Mr. Tim Smith would have been dumped form the Cabinet if he was black, she was echoing a view held by s...

hazards on the Base lands that include buildings that are structurally unsafe and in need of demolition, Minister of Finance Grant Gibbons said yesterday. And a working group of senior bankers with international experience has been appointed to deter...

The Government Auditor's report for the fiscal year ending March 1991 has again documented his lack of satisfaction with the handling of the public purse. The just-released report to Parliament is the last to be prepared by Government Auditor Mr. Lar...

not decided to scrap plans to levy a special annual fee on professionals. Institute of Chartered Accountants of Bermuda (ICAB) president Mr. Anthony Joaquin made the comment after Minister of Finance Grant Gibbons tabled legislation on Friday in the ...

dollar bonds issued by the City of Hamilton were yesterday traded on the Bermuda Stock Exchange, directly the Bank of Butterfield and the Corporation of Hamilton agreed on the final allotment of units issued to individual subscribers in the $6.5 mill...

Act that may increase the Authority's ability to protect against money laundering. And Finance Minister the Hon. Grant Gibbons also revealed yesterday that Bermuda is set to host the Commonwealth Finance Ministers Conference next year. Dr. Gibbons, w...