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More than 800 jobs were lost in 2014, according to Government statisticians. The number of Bermudian job holders dropped by 671, from 24,504 in 2013 to 23,833 last year. The number of jobs held by non-Bermudians, excluding non-Bermudian spouses and p...

An increase of nearly 10 per cent in health insurance premiums was the main driver of the cost of living rise in April. According to figure released by the Department of Statistics, the annual rate of inflation jumped to 1.8 per cent — the highest ra...

Bonds offered by the Bermuda Government offer the lowest risk for investors of any country in the Caribbean region, according to Euromoney’s Country Risk (ECR) survey. Bermuda ranks 44 in the magazine’s global rankings, on the same level as Spain and...

The annual rate of inflation hit its lowest point in more than five years in March, as prices rose 1.2 per cent from a year earlier. Government statistics released today showed how the slump in global oil prices has slowed down the increase in the co...

Retail sales went up by more than two per cent in March compared to the same time last year. And the sale of vehicles showed the largest growth — up by more than a quarter (26.4 per cent). Analysts said the increase was due to a leap in demand for mo...

Prices rose 0.2 per cent from January to February, the latest Government statistics have revealed. And year-on-year to February, the cost of a standard basket of goods used to calculate the Consumer Price Index went up by 1.6 per cent. The health and...

A Caymans business leader yesterday outlined the island chain’s recipe for success. Anthony Travers, chairman of the Cayman Islands Stock Exchange and senior partner in law firm Travers Thorp Alberga, said the Caribbean chain had learned from past mi...

A health timebomb could act as a drag on the Island’s economic recovery, according to a new survey by financial services firm Morgan Stanley. The research headed by a Morgan Stanley economist said that sugar consumption was fuelling increased rates o...

Bermuda consumers are seeing significant benefits from the collapse in world oil prices late in 2014, the latest Government statistics reveal. In December, premium fuel cost almost nine per cent less at the pump than it did a month earlier, according...

The number of work permits granted each year dropped by more than 6,800 in just six years, according to Government statistics released yesterday. The report showed that the estimated number of work permits issued peaked at 18,131 in 2007 — but had dr...