550 results returned for search: "" category ("Economy" AND "Business")
Chris and Penny Cassidy say they are having to advertise for the first time since starting their small painting, maintenance and construction business more than a decade ago.
It may be a sign of just how hard it’s getting for Bermuda’s small business...
DATE: Jul 22, 2011
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CATEGORY:
Economy
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LONDON (Reuters) - The private banking arm of HSBC - including its Bermuda branch - will stop offering services to US residents outside the United States as a crackdown on offshore tax evasion makes the regulatory burden of banking around the world i...
DATE: Jul 21, 2011
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CATEGORY:
Economy
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The Fairmont Southampton's convention business is rebounding.
The 593-room resort has been almost fully booked while hosting a huge group of 6,000 people from a major US company.
Many of the thousands of convention goers are understood to be from Sta...
DATE: Jul 21, 2011
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CATEGORY:
Economy
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Rents for apartments and houses on the Island have come down by as much as 25 percent in the last five years.
The demand for larger rental homes has also fallen and inventory is building in the East and West Ends of the Island as more tenants look to...
DATE: Jul 20, 2011
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CATEGORY:
Economy
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The commercial real estate market in Bermuda continues to soften, but interest is picking up, at least in two areas.
This according to Rego Sotheby’s International Realty, which says it’s seen a flurry of interest in tourism properties and renewed de...
DATE: Jul 20, 2011
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CATEGORY:
Economy
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The value of goods imported into Bermuda fell almost 10 percent in the first quarter, according to statistics released by Government yesterday.
The $219 million of goods that came in during the first three months of the year was $24 million less than...
DATE: Jul 19, 2011
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CATEGORY:
Economy
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The competition among Bermuda’s gold dealers has heated up with one trader expanding his services into selling bullion and jewellery.
Entrepreneur James Gilbert, the sole proprietor of Bermuda Gold Exchange, recently moved his drop box from Gorham’s ...
DATE: Jul 19, 2011
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CATEGORY:
Economy
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Six jobs have been lost at Key Management Services (KMS), the company confirmed yesterday.
Three managers and three line staff, one of them a part-time employee, were let go.
Leslie Rans, chief financial officer of parent company the KeyTech Group, c...
DATE: Jul 19, 2011
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CATEGORY:
Economy
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Thirty-five people will be made redundant at Aircraft Services Bermuda Ltd (ASB) following the closure of certain parts of the company’s airport operations, parent company Bermuda Aviation Services (BAS) announced yesterday.
All of the positions are ...
DATE: Jul 19, 2011
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CATEGORY:
Economy
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Homes sales in Bermuda have plummeted from almost 600 properties being closed on four years ago, to less than 100 changing hands in the first half of the year.
And the average sale price of condos (below $32,400 annual rental value) has dropped 25 p...
DATE: Jul 19, 2011
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CATEGORY:
Economy
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