550 results returned for search: "" category ("Economy" AND "Business")
The value of goods imported into Bermuda fell for the sixth straight quarter.
This as the Island’s balance of payments current account surplus shrank by 3.5 percent in the third quarter of 2011.
A total of $242 million was spent on imported goods in ...
DATE: Jan 20, 2012
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CATEGORY:
Economy
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Hotel jobs increased by 84 positions and industry revenue jumped almost 20 percent in the third quarter of 2011.
According to the Quarterly Bulletin of Statistics, distributed by the Department of Statistics, revenue for the hotel industry in Bermuda...
DATE: Jan 06, 2012
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CATEGORY:
Economy
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The employment market could be even tougher in 2012 as the recession continues to bite and Bermuda needs to be every bit as aggressive as its rivals to boost business and the wider economy.
That is according to Keith Jensen, president of the Bermuda ...
DATE: Jan 04, 2012
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CATEGORY:
Economy
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The year 2012 is set to be a challenging year ahead with the recession continuing to impact businesses across the board.
But there are some reasons for optimism as companies look to take advantage of the opportunities available and better position th...
DATE: Jan 03, 2012
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CATEGORY:
Economy
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Overall consumer retail spending was down in October, with car sales plummeting by more than 40 percent.
This, according to the retail sales publication distributed by the Department of Statistics.
Meanwhile, apparel stores, building materials and se...
DATE: Dec 22, 2011
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CATEGORY:
Economy
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The inflation rate hit 2.9 percent in October its highest point for eight months and up from 2.6 percent in September.
The health and personal care sector, in which costs increased by 7.1 percent was the biggest driver of the increased cost of living...
DATE: Dec 13, 2011
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CATEGORY:
Economy
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Age Concern yesterday warned seniors to weigh Butterfield Bank’s voluntary retirement offer fully before accepting it.
James McCulloch, co-chair of the group’s Advocacy Committee, said the offer may suit some seniors, but not others.
And he commended...
DATE: Dec 09, 2011
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CATEGORY:
Economy
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The Tourism industry pumped $297 million, or 19 percent more cash, into the economy in 2010 and led to an eight percent increase in jobs in the sector, a Government report showed yesterday.
The $297 million was 5.2 percent of Bermuda’s Gross Domestic...
DATE: Nov 30, 2011
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CATEGORY:
Economy
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Being smarter consumers and support local businesses was the focus for Consumer Week which is being held this week.
Economy, Trade and Industry Minister Kim Wilson spoke at an presentation held at the Chamber of Commerce board room on Wednesday night...
DATE: Oct 28, 2011
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CATEGORY:
Economy
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Inflation fell to 2.5 percent for the month of August as the cost of healthcare and medicine continued to increase.
The Consumer Price Index released yesterday revealed that fuel (12.8 percent increase) and food (2.4 percent) were among the biggest d...
DATE: Oct 13, 2011
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CATEGORY:
Economy
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