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the first time since figures have been kept. The consumer price index was measured at 1.9 percent for the twelve months to May 1997, the lowest figure officials could remember. The figure marked a 0.3 percent decline from April's 2.2 percent rate. Go...

Passage now appears likely of US legislation that would alter the US tax status of funds in Bermuda and other offshore domiciles, according to "Top Six'' accountancy firm, KPMG Peat Marwick. Enactment may force some funds to reconsider why they maint...

This is the version of the story which the library received. For some reason there are some subtle differences in the text. Please check the physical copy of the newspaper or the microfilm to compare it with the original version. Clear indications of...

Government in the decade-long battle to get Bermuda Cablevision Ltd. to respect exclusivity agreements BBC has for programming. This was confirmed by BBC chief executive officer Ulric P. Richardson yesterday. He said a writ could be filed in the Supr...

Edward VII Memorial Hospital is getting more Naggressive when it comes to collecting. "There are quite a few people who don't pay their bills. Every year we have to send out between $750,000 to a million dollars to the debt collection agencies, for b...

Since the tragic accident in St. George's last summer that claimed the life of a male visitor, Government has produced a code of practice for parasailing companies. And the code has won the support of veteran parasailing operator Phillip (Phoopa) And...

Morgan's Point has dismissed concerns that the developers are having any problems raising money. Robert Davies, managing director of Renaissance Resorts International Ltd. and CEO of Morgan's Harbour Investments Ltd., conceded that rumours may have s...

in Atlanta was capped off when the city's mayor declared Thursday as Pamela F. Gordon Day. The proclamation was hand delivered on Thursday night to Premier Gordon during a tourism reception held at the Ritz Carlton Hotel. The presentation was made by...

million last year to $141 million, when compared to the more heavily regulated exchange control era of 1993. But the Bermuda Monetary Authority (BMA) believes that is an acceptable level of currency drain and officials point to the substantial gains ...

A US article that criticises last July's amendments to the Companies Act has been called "a scurrilous piece'' by a leading local lawyer. The article, headlined "Bermuda makes it tougher on creditors'', appeared in a new Miami-based publication "Offs...