4 results returned for search: "" category ("Economy" AND "Business") author Tim Smith
The Civil Service must be cut after the coming fiscal year, Finance Minister Bob Richards warned as he outlined the advantages of mutualisation or privatisation.
Staff layoffs will be inevitable unless “non-core functions” are outsourced after 2014/1...
DATE: Feb 22, 2014
|
CATEGORY:
Economy
|
AUTHOR:
Tim Smith
The days of the 60/40 ownership rule appear numbered after Finance Minister Bob Richards declared it was blocking foreign investment which could restore Bermuda to prosperity.
In his Budget Statement, Mr Richards described the regulation — which guar...
DATE: Feb 22, 2014
|
CATEGORY:
Economy
|
AUTHOR:
Tim Smith
A payroll tax rise and the economic crisis mean retailers have had to cut staff to the bare minimum, according to Body Shop managing director Ellen Brown.
Ms Brown said she had to slash prices in the crucial pre-Christmas period taking on extra roles...
DATE: Jan 11, 2011
|
CATEGORY:
Economy
|
AUTHOR:
Tim Smith
Bermuda’s construction crisis will barely be improved by the imminent hospital redevelopment and Waterloo House hotel project, according to Construction Association of Bermuda president Andy Pereira.
He said only two major Bermudian contractors are i...
DATE: Jan 11, 2011
|
CATEGORY:
Economy
|
AUTHOR:
Tim Smith
