550 results returned for search: "" category ("Economy" AND "Business")
The losses from Hurricane Gonzalo will be much less than feared, an insurance firm boss predicted yesterday.
John Wight president and chief executive officer of BF&M, the biggest property insurer on the Island, said damage costs were likely to total ...
DATE: Oct 27, 2014
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
Inflation edged higher in July, driven by increases in the cost of healthcare and food.
The annual inflation rate rose to 1.9 percent from 1.8 percent in June, according to the Consumer Price Index (CPI), published by Government today.
However, betw...
DATE: Sep 09, 2014
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CATEGORY:
Economy
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Bermuda’s gross domestic product (GDP) grew to $5.6 billion last year — the first increase for five years.
But after inflation is factored in the Island’s economy continued to shrink, falling 2.5 percent.
But the percentage drop was less than the 4.8...
DATE: Sep 05, 2014
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda’s gross domestic product (GDP) grew for the first time in five years in 2013.
However, after inflation is taken into account the Island’s economy continued to shrink.
Government statistics released today showed GDP — the total value of goods ...
DATE: Sep 04, 2014
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CATEGORY:
Economy
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Consumers paid 1.8 percent more in June 2014 than they did a year ago for the basket of goods and services included in the Consumer Price Index (CPI). This level of inflation decreased 0.3 percentage points from the 2.1 percent measured in May 2014. ...
DATE: Aug 04, 2014
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CATEGORY:
Economy
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Wealth inequality in Bermuda is the worst it’s been over the last century, according to economist and Bermuda College lecturer Craig Simmons.
The economist warned that failing to listen to the concerns of the people would only encourage the now ubiqu...
DATE: Jul 28, 2014
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CATEGORY:
Economy
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Retail sales rose by 1.8 percent in May — the fourth increase in the first five months of this year.
Takings increased by $1.5 million above the $85.9 million recorded in May 2013, according to figures released by the Department of Statistics today. ...
DATE: Jul 11, 2014
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CATEGORY:
Economy
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An America’s Cup competition in Bermuda could bring hundreds of millions of dollars to the Island over an extended short-term period, but substantially improve long-term tourism and other business prospects, going forward.
Evidence of this is found i...
DATE: Jul 08, 2014
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CATEGORY:
Economy
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AUTHOR:
David Fox, Business Editor
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
Construction firms are to get a tax break to help boost jobs and attract foreign investment.
Finance Minister Bob Richards said the scheme would be targeted at major projects like hotels.
“Direct foreign investment is going to be one of the critical ...
DATE: Jun 28, 2014
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
