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The Bermuda Government has issued draft general principle guidance notes to assist members of the business community in understanding how to satisfy the requirements of the island’s economic substance legislation. The notes also provide guidance rega...

Belco has maintained an environmental management systems certification. The ISO 14001:2015 standard, set by the Swiss-based International Organisation for Standardisation, helps Belco to improve resource efficiency, reduce waste, and consistently ma...

The Royal Gazette/BSX Index was unchanged on 2,177.08 as no stocks traded on the Bermuda Stock Exchange. US-listed shares of Butterfield Bank fell 67 cents, or nearly 2 per cent, to close on $33.59 on the New York Stock Exchange. Butterfield last tra...

Last year was among the worst for so-called value stocks based on data going back to 1925, according to Andrew Ang, director of BlackRock Inc’s $210 billion factor strategies group and this week’s guest on Masters in Business. But here’s the key: hol...

A basic stylised fact of financial markets is that active investment managers, as a group, do not outperform a monkey throwing darts at the stock tables. This is an embarrassing stylised fact, but you cannot, if you are an active manager, feel too b...

Dear Dave, I’m on Baby Step 2 of your plan, and I’ll be debt-free except for my home by the end of the year. I have a friend who is very irresponsible with his money, and he often asks to “borrow” cash between paycheques. I don’t want to be cruel, bu...

Bermuda’s commitment to providing innovative solutions in the ever-evolving insurance marketplace is well established. The most recent example arrived in May with the release by the Bermuda Monetary Authority of a consultation paper on the “new insur...

When the Dockyard Glassworks opened 20 years ago this week, rum cakes were meant to be a side hustle to the hand made glass on offer. But today, the rum cakes are more than holding their own under the banner of The Bermuda Rum Cake Company. “They’...

There’s nothing that businesses hate more than uncertainty, so the adage goes. But, as experienced businessman Chris Maybury told a business audience this week: “If you don’t feel uncertain, you’re going to go out of business.” Mr Maybury’s provocati...

Arbitrade’s future plans in Bermuda are a mystery after its website was cleared of information. It is a year since Arbitrade announced plans to create a “world-class cryptocurrency exchange and coin company” in Bermuda, training Bermudians and eventu...