550 results returned for search: "" category ("Economy" AND "Business")
Local businesses say they are also hurting during the economic recession — despite popular opinion that they aren’t shouldering enough of the load.
The Bermuda Chamber of Commerce yesterday declared itself “dismayed” by a poll commissioned by The Roy...
DATE: Dec 03, 2013
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CATEGORY:
Economy
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AUTHOR:
Jonathan Bell
The Opposition will have an opportunity to address the Tripartite Economic Committee, according to Home Affairs Minister Michael Fahy.
Sen Fahy said that while he denied an “eleventh hour” request to consider inviting the Progressive Labour Party to ...
DATE: Nov 21, 2013
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CATEGORY:
Economy
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AUTHOR:
Owain Johnston-Barnes
Bermuda’s biggest pension schemes are underfunded by around $3 billion, the SAGE Commission reported yesterday.
And it said people would have to pay more into schemes, while the retirement age should increase to 68 — and up to 70 if necessary.
And SA...
DATE: Nov 16, 2013
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CATEGORY:
Economy
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AUTHOR:
Raymond Hainey, Assistant News Editor
Building a strategy for Bermuda’s economic recovery is the goal of a two-day gathering between Government, the Island’s unions and the private sector.
Around 150 representatives from the Island’s business, hospitality and union sectors will come toge...
DATE: Nov 13, 2013
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CATEGORY:
Economy
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AUTHOR:
Owain Johnston-Barnes
Government debt continues on an easy uphill climb, revenues were weaker than expected last year and the economy is limping along, according to the latest Government report.
But the Finance Ministry manages a glimmer of optimism in its just released f...
DATE: Aug 19, 2013
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CATEGORY:
Economy
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Richards: Bermuda was swimming naked when the economic tide went out
By Scott Neil
Bermuda was caught swimming naked when the economic tide went out in 2008, Finance Minister Bob Richards told conference delegates yesterday.
Speaking at the Capital G...
DATE: Apr 12, 2013
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CATEGORY:
Economy
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The first phase of revised work permit policies, with a series of changes to work permit fees, come into effect today according to the Ministry of Home Affairs.
Legislation modifying the cost of fees was passed in the House of Assembly last month, ap...
DATE: Apr 01, 2013
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CATEGORY:
Economy
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AUTHOR:
Owain Johnston-Barnes
Retail sales got off to a good start this year, jumping 3.1 percent in January led by car, food and clothing purchases.
Apparel stores showed a healthy more than six percent increase in sales for the month but sales of big-ticket items like furniture...
DATE: Mar 16, 2013
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CATEGORY:
Economy
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Government has pledged to do a better job than its predecessors to nurture and support a sustainable energy industry.
In his budget brief on the Energy Department, Economic Development Minister Grant Gibbons said that the Energy White Paper will be r...
DATE: Mar 16, 2013
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CATEGORY:
Economy
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With just a week to go before Budget Day, the Progressive Labour Party is challenging Government to keep its election campaign promise to reduce the debt without cutting services.
Shadow Finance Minister David Burt is also questioning Government’s st...
DATE: Feb 15, 2013
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CATEGORY:
Economy
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