110 results returned for search: "" category "News" author Jonathan Kent
THURSDAY, DECEMBER 2: Premier Paula Cox today signed a tax information exchange agreement with China in a ceremony at Camden.
After she and Wang Li, the deputy commissioner of China’s State Administration of Taxation, had inked the documents, Ms Cox ...
DATE: Dec 02, 2010
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AUTHOR:
Jonathan Kent
Business will go where the environment is predictable and friendly, according to
Ace Ltd boss Evan Greenberg.
In a rare interview, the chairman and chief executive officer of the global insurance giant told The Royal Gazette that the high cost of do...
DATE: Dec 01, 2010
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AUTHOR:
Jonathan Kent
Fitch Ratings has affirmed Bermuda's credit rating at AA+, just one notch below the top AAA grade.
The ratings agency's decision is important as it means Government will avoid any increase in borrowing costs that would have come with a downgrade.
In ...
DATE: Nov 23, 2010
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AUTHOR:
Jonathan Kent
Retailers continued to feel pain from the Island's shrinking appetite for spending in September.
The Retail Sales Index, published yesterday by the Department of Statistics, showed that retail spending on the Island fell 5.9 percent to $82.7 million....
DATE: Nov 17, 2010
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AUTHOR:
Jonathan Kent
Butterfield Bank made a net loss of $18.6 million in the third quarter as problem loans to hotels ate into earnings.
The bank made provisions of $14.2 million against the loans to hospitality projects in Bermuda and The Bahamas. It also booked a prev...
DATE: Nov 04, 2010
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AUTHOR:
Jonathan Kent
Bermuda’s balance of payments surplus grew by 50 percent year on year to $269 million in the second quarter.
The surplus, which represents transactions between Island entities and the rest of the world, grew by $90 million compared to the same period...
DATE: Oct 21, 2010
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AUTHOR:
Jonathan Kent
Francis Mussenden will retire tomorrow as president and chief executive officer of the Bermuda Telephone Company, ending a 35-year career with the firm.
He will be replaced by Lloyd Fray, CEO of M3 Wireless and Logic Communications and a director of ...
DATE: Aug 31, 2010
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AUTHOR:
Jonathan Kent
Butterfield Bank chief executive officer Brad Kopp says the bank has bolstered its risk management structure to try to ensure there can be no repeat of the investment meltdown that brought the bank close to failure.
In an interview appearing in a spe...
DATE: Aug 13, 2010
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AUTHOR:
Jonathan Kent
Government is today set to try to raise up to half-a-billion dollars in a sale of 10-year bonds.
According to an explanatory note sent out to some financial institutions yesterday, Government intends to raise between $400 million and $500 million tod...
DATE: Jul 13, 2010
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AUTHOR:
Jonathan Kent
Seniors will see no rise in their Government pension benefits this year, after eight successive years of increases.
Government will also freeze the level of contributions into the Contributory Pension Fund, Finance Minister Paula Cox said yesterday.
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DATE: Jun 26, 2010
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AUTHOR:
Jonathan Kent
