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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 ...

Government will block any attempt by local firms to pass on a new corporate services fee to international business -- even if it has to legislate professionals into compliance, Finance Minister the Hon. David Saul warned yesterday. "The Ministry of F...

a fee to operate bonded warehouses. And the two largest firms said yesterday they will be forced to absorb the additional $10,000 that is being proposed. The Budget stated, "the designation of a facility as a bonding warehouse has been hitherto grant...

yet, has warned that Government's pursuit of an Independence referendum is risky and could hurt the international business sector. Warning that the world economy was not far removed from another cycle of recession, the bank's chairman, Mr. Eldon Trim...

committal warrant issued against him by the Bermuda Supreme Court. The warrant, issued last month, meant that local officials could have seized and arrested the bankrupt former chartered accountant -- whose Bermuda insurance empire is now in liquidat...

Bermuda by the end of last year, Government said yesterday. And The Royal Gazette understands that the Registrar of Companies office -- the business regulatory arm of Government -- will be beefed up with at least two senior appointments by mid-year. ...