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over the health of the Contributory Pension Fund (CPF). The latest opinion, which is addressed in a Government Green Paper on a proposed National Pensions Scheme, differs from a 1989 report that said the fund was "quite sound'' and would even absorb ...

endowment fund. The marine biology and oceanographic research facility paid for itself in 1994 following two consecutive years of drawing on the fund. President Dr. James Galloway said: "In 1992, the BBSR had a deficit, even after distributions from ...

$100 million annually, a national newspaper in Canada has reported. The Globe and Mail, touted as Canada's business newspaper, on Saturday cited the surprise figure as they reported the Government's decision to allow TeleBermuda International Ltd. th...

that would serve the Island through the next century. The watershed policy shift will bring deregulation and more competition into the market for telecommunications services. Legislative initiatives are also expected in the next session of Parliament...

international business during an opening address at a significant conference held annually in Bermuda. His message was that international business need not fear the Independence initiative. Speaking to some 200 participants at the 24th annual Interna...

International Services Ltd. (ISL) to suffer a loss in expected business, as it drove up the cost of getting that business. ISL president Mr. Michel Drew said he had just quoted figures the day before the Budget was announced that he had to revise onc...

may be the second best in four years, according to initial estimates by the Ministry of Finance. And Finance Minister the Hon. David Saul saud on Friday he was confident about the future of Bermuda's international business, but warned that the Island...

in it losing its designated territory status has been dismissed by local officials. The report was made in the March edition of Portfolio International, billed as the "professional's guide to investment worldwide''. But a Bermuda Monetary Authority (...

industry, a top official said yesterday. Mr. Roger Gillett, deputy chairman of the Insurance Advisory Committee, also warned of complacency among Bermuda companies. The deputy chairman of the Insurance Advisory Committee, Mr. Roger Gillett, challenge...

providers for every international company they handle is "unfair'' and aimed at the Island's two largest law firms, a top lawyer said yesterday. Conyers, Dill & Pearman senior partner the Hon. Charles Collis, who for many years was Government Senate ...