34 results returned for search: "" category "Business" author Jonathan Bell
Grant Gibbons, the Minister of Economic Development, rose in the House of Assembly to congratulate Qatar Re on its new offices at Belvedere Place, telling MPs the firm was “the exact kind of reinsurance entity we need in Bermuda”.
He said the firm st...
DATE: Mar 16, 2017
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Bell
Legislators have approved an Act toughening Bermuda’s anti-money laundering and anti-terrorism regime — even as Opposition MPs decried the appearance of an international double standard.
The Proceeds of Crime Amendment (No 2) Act amends the principal...
DATE: Jul 15, 2016
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CATEGORY:
Other
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AUTHOR:
Jonathan Bell
Two years after legislators cut the import price on energy-saving green technology, food distributors Butterfield and Vallis is reaping the benefits.
“We were the ones who pushed for it to happen,” said Spencer Butterfield, the company’s chief operat...
DATE: Feb 29, 2016
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Bell
Voter turnout is tipped to be the decisive factor today, as the 1,300 voters of Devonshire North Central choose either a Bermuda Government or Opposition candidate to represent them.
Diallo Rabain, the Progressive Labour Party’s contender, is up agai...
DATE: Feb 04, 2016
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Bell
Former minister Quinton Edness has implored the Bermuda Government to impose cuts rather than draw on its $200 million loan agreement with Butterfield Bank.
Mr Edness warned last night that incurring further debt on top of the existing $2.185 billio...
DATE: Aug 05, 2015
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CATEGORY:
Economy
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AUTHOR:
Jonathan Bell
A Bermuda-based international insurer has awarded overseas residencies to two Bermudian business graduates.
Students Nicholas Butterfield and Jaime Ferrari-McComb have been sponsored by Lancashire Insurance to live in London and work in the company’s...
DATE: Sep 16, 2014
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CATEGORY:
Other
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AUTHOR:
Jonathan Bell
After years of recession, Bermuda’s economy is showing “some signs of a rebound” — but a recovery isn’t guaranteed, according to financial advisers Anchor Investment Management.
And with widespread uncertainty over foreign citizens acquiring Bermuda ...
DATE: Jul 08, 2014
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CATEGORY:
Economy
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AUTHOR:
Jonathan Bell
The contractor — and not the taxpayer — is on the hook for millions of dollars in losses racked up as a result of “design challenges” on the hospital redevelopment project.
And Bermuda Hospitals Board (BHB) said the hit incurred by UK-based Sir Rober...
DATE: May 07, 2014
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CATEGORY:
Other
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AUTHOR:
Jonathan Bell
Nearly half the Island’s residents have thought about leaving Bermuda due to the economic climate.
Adults aged 18 to 34 are the likeliest age bracket to consider leaving the Island for fairer shores: 62 percent said yes, according to a survey commiss...
DATE: Apr 23, 2014
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CATEGORY:
Economy
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AUTHOR:
Jonathan Bell
Local businesses say they are also hurting during the economic recession — despite popular opinion that they aren’t shouldering enough of the load.
The Bermuda Chamber of Commerce yesterday declared itself “dismayed” by a poll commissioned by The Roy...
DATE: Dec 03, 2013
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CATEGORY:
Economy
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AUTHOR:
Jonathan Bell
