550 results returned for search: "" category ("Economy" AND "Business")
Those prices were in cents not dollars.
We apologise for the error.
DATE: Mar 05, 2014
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CATEGORY:
Economy
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Planning a barbecue? Expect to pay more with leading price increases in grocery stores reported for soft drinks at 11.4 percent, frozen spare ribs at 8.9 percent and mayonnaise at 5.4 percent. These were some of the food price changes in grocery stor...
DATE: Feb 28, 2014
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CATEGORY:
Economy
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AUTHOR:
Rebecca Zuill
Big business has backed a relaxation of the rule ensuring majority Bermuda ownership of local companies.
The Association of Bermuda International Companies (ABIC) said that the Budget pledges to review of the 60/40 rule, support for the Bermuda Busin...
DATE: Feb 26, 2014
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
Although several people on the streets of Hamilton said they had not had time to read up on Friday’s Budget, a few did offer their thoughts on what Finance Minister Bob Richards presented to the Island on Friday.
Stratton Hatfield, 28, said that whil...
DATE: Feb 25, 2014
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CATEGORY:
Economy
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Bankers have declined an opportunity to reply to an attack by Finance Minister Bob Richards on their lending and interest policies as a drag on Bermuda’s recovery from recession.
Bermuda Bankers’ Association chief Brendan McDonagh, the chairman and C...
DATE: Feb 25, 2014
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
Premier Craig Cannonier last night hailed the recently unveiled budget as setting the Island on the road to recovery.
The 2014/15 Budget, tabled by Finance Minister Bob Richards on Friday, cuts public spending by $70 million and promises no Governmen...
DATE: Feb 24, 2014
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CATEGORY:
Economy
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AUTHOR:
Owain Johnston-Barnes
The Bermuda Government will pay more than $310,000 per day in interest on its growing mountain of debt in the coming fiscal year.
And despite the $70 million of cuts in public spending announced yesterday, next year’s Budget will run a projected defi...
DATE: Feb 22, 2014
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CATEGORY:
Economy
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AUTHOR:
Jonathan Kent
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
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CATEGORY:
Economy
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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
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CATEGORY:
Economy
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AUTHOR:
Tim Smith
A programme of cuts in public spending of more than $70 million was yesterday announced by Finance Minister Bob Richards.
And he signalled further expenditure cuts of 15 percent over the next three years — but said that there would be no public servi...
DATE: Feb 22, 2014
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor