583 results returned for search: "" category ("Economy" AND "Business")
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
Confidence is growing that an economic recovery is under way in Bermuda, according to a long-standing quarterly survey.
The Bermuda Omnibus Survey reveals that more than half of people — for the first time since well before the Island’s five-year rec...
DATE: Jun 09, 2014
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CATEGORY:
Economy
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AUTHOR:
Jonathan Kent
Labour Market Indicators (LMI) for 2013 released yesterday by the Department of Statistics show the hospitality industry facing a manpower shortage in their kitchens with the top category of job vacancies being chef de partie/cooks numbering 34.
Che...
DATE: May 20, 2014
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CATEGORY:
Economy
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AUTHOR:
Rebecca Zuill
The real estate market ticked upwards last year for the first time since 2008, according to Rego Sotheby’s International.
The company’s president Buddy Rego said dollar volume of deals done last year totalled $225 million — up 13 percent on the $197 ...
DATE: May 13, 2014
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CATEGORY:
Economy
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Retail sales slid 2.3 percent in March compared to the same month last year — a dip partly attributed to a later Easter holiday this year.
Leading the slide were building supplies stores, whose takings slumped 19.2 percent on the back of a decline in...
DATE: May 08, 2014
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CATEGORY:
Economy
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AUTHOR:
Jonathan Kent
The price of a basket of groceries has risen by two percent in the last year, according to the latest statistics.
The inflation rate has risen from the 1.7 percent increase in good and services prices recorded in February, and will dent recent claims...
DATE: Apr 29, 2014
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CATEGORY:
Economy
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AUTHOR:
Gareth Finighan
Bermuda is on the road to economic recovery — despite the loss of more than 1,100 jobs, according to the latest Government figures.
Bermuda College economics lecturer Craig Simmons said that there was evidence that Bermuda was becoming better value f...
DATE: Apr 24, 2014
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
Nearly half the Island’s residents have thought about leaving Bermuda due to the economic climate.
Adults aged 18 to 34 are the likeliest age bracket to consider leaving the Island for fairer shores: 62 percent said yes, according to a survey commiss...
DATE: Apr 23, 2014
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CATEGORY:
Economy
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AUTHOR:
Jonathan Bell
