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In its economic development strategy, the Government calls for easing immigration restrictions

Figures released by the Ministry of Economy and Labour showed a decrease in retail sales volume in January year-over-year

The Bermuda Monetary Authority has released its business plan for 2023

Bermuda’s banking sector recorded net after-tax income of $86.3 million in the second quarter of the year, the Bermuda Monetary Authority has reported. The BMA, in its quarterly banking digest, said that it was an increase of 36.6 per cent, or $23.1 ...

This may not be electrifying news to island residents, but Bermuda has been found to be the most expensive place in the world to run appliances

The US Federal Reserve, the country’s central bank, boosted its benchmark overnight interest rate by 75 basis points on Wednesday — and said further rate hikes are anticipated. In Bermuda, the Bank of N.T. Butterfield & Son Limited was the first loca...

The US Federal Reserve, the country’s central bank, boosted its benchmark overnight interest rate by 75 basis points today as it seeks to control runaway inflation in the world’s largest economy. The three-quarters of a percentage point rise is the F...

The net income of the Bermuda Monetary Authority increased eighteenfold in 2021 after its regulatory fees increased by $11 million, according to its annual report. The BMA, Bermuda’s independent financial services regulator, had net comprehensive in...

The electronic communications sector’s contribution to the island’s economy fell by nearly eight per cent in 2020

Overseas purchases by Bermuda residents jumped to $25.6 million in July, an increase of $6 million year-over-year. The jump was reported in the monthly Retail Sales Index Report released on Friday by the Ministry of the Cabinet Office. The 30.6 per c...