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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. ...

Government is spending about $16 million this year on clothing, housing and feeding those unable to "make ends meet''. And up to 900 families have received assistance of some form from Government in the last year. Government officials add that there ...

saying that there are too many economic issues facing the country that need the attention of the Government and the people of Bermuda. And she has also said it makes no economic sense for Bermuda's financial institutions to avoid getting involved in ...

and replaced with a British-style value added tax or a sales tax similar to those levied in the United States. But Finance Minister the Hon. David Saul said it was the wrong time to look at the proposal. Government policy remains that Customs duties ...

The Bermuda Monetary Authority and the Bermuda International Business Association (BIBA) unveiled a new code of conduct yesterday in an effort to standardise the administration of the mounting number of mutual funds pouring into the island. Three yea...

parent company Lonrho Plc. Two British newspapers have reported that there are plans to spin off Lonrho's mining and hotel divisions. The Princess Hotels are a part of the hotel division. Mr. John Price of Princess Hotels International, speaking from...