110 results returned for search: "" category "News" author Jonathan Kent
Finance Minister and Deputy Premier Paula Cox reiterated yesterday that she is just a "cog in the wheel" of Government after a leading businessman suggested that she was rather more than that.
Speaking in a question-and-answer session at yesterday's ...
DATE: Mar 02, 2010
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Jonathan Kent
Government has raised its statutory debt ceiling to $1.25 billion — up 25 percent.
Bermuda governments have traditionally tried to keep the limit inside 10 percent of gross domestic product, but the latest rise takes it to more than 20 percent.
The m...
DATE: Feb 27, 2010
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Jonathan Kent
Government is expecting the Island's economy to come out of recession and grow by up to one percent in the coming year, after it shrank by an estimated 2.5 percent last year.
According to the outlook for the Ministry of Finance's National Economic Re...
DATE: Feb 27, 2010
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AUTHOR:
Jonathan Kent
Payroll tax is to rise two percent to 16 percent, Finance Minister Paula Cox announced in her Budget statement this morning.
Government has also raised its debt ceiling by 25 percent to $1.25 billion, following last year’s 82 percent rise.
The rate o...
DATE: Feb 26, 2010
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AUTHOR:
Jonathan Kent
The Bermuda Stock Exchange (BSX) plunged to its lowest level in nearly a decade yesterday, as Butterfield Bank shares fell more than nine percent.
The Royal Gazette / BSX Index fell 4.6 percent in yesterday's trading to close on 1,919.01 points — its...
DATE: Feb 20, 2010
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AUTHOR:
Jonathan Kent
Capital G Investments Ltd. has expanded its business through an amalgamation with fellow Bermuda company Kast Investment Management Ltd.
Capital G Investments’ total assets under management have swollen to more than $650 million and its client base t...
DATE: Jan 18, 2010
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AUTHOR:
Jonathan Kent
Bermuda resident James Martin has been offered honorary fellowship of The Royal Institution of Great Britain.
Dr. Martin, one of the leading lights in the development of computer technology was given the honour in recognition of his "outstanding cont...
DATE: Dec 21, 2009
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AUTHOR:
Jonathan Kent
Bermuda’s top financial regulator Matthew Elderfield is to leave at the end of this year to take up a leading job with the Irish central bank, after Bermudian Jeremy Cox was appointed to replace him as chief executive officer of the Bermuda Monetary ...
DATE: Oct 19, 2009
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AUTHOR:
Jonathan Kent
Fitch Ratings today affirmed its high ratings on Bermuda’s creditworthiness and said the Island is “in a strong starting position for facing the global economic crisis”.
The American ratings agency maintained Bermuda’s foreign currency Issuer Default...
DATE: Sep 09, 2009
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AUTHOR:
Jonathan Kent
Health insurers are feeling the strain from a rise in the cost of hospital fees — and that could lead to higher premiums for policyholders next year.
In its half-year results published yesterday, insurer BF&M Ltd. said the sum paid out on policy bene...
DATE: Sep 04, 2009
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AUTHOR:
Jonathan Kent
