583 results returned for search: "" category ("Economy" AND "Business")
Bermuda took centre stage for the third meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes this week under the watchful eyes of the rest of the world.
The Island played host to the Organisation for Economic Co-op...
DATE: Jun 01, 2011
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CATEGORY:
Economy
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The Organisation for Economic Co-operation and Development (OECD) Global Forum being held in Bermuda this week is testament to the Island becoming one of the first jurisdictions to implement the new international standards on tax information exchange...
DATE: May 31, 2011
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CATEGORY:
Economy
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The tax threat from the US still exists very much but Bermuda is in a far stronger position than it was a year ago.
That is according to Eli Lehrer, vice-president of US think tank The Heartland Institute, who was on the Island last week meeting with...
DATE: May 30, 2011
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CATEGORY:
Economy
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PARIS (Bloomberg) The US and Japan must set out plans to reduce their budget deficits as the global economy expands, the Organisation for Economic Cooperation and Development said.
The budgetary efforts needed to “merely stabilise debt are substantia...
DATE: May 26, 2011
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CATEGORY:
Economy
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BF&M Ltd saw its 2010 earnings dip 11.7 percent last year as claims from Hurricane Igor and the rising cost of healthcare took their toll.
Yesterday the company announced a full-year profit of $17.3 million, representing a return of 10 percent on sha...
DATE: May 20, 2011
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CATEGORY:
Economy
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In an uncertain world, there are few countries that offer investors a lower level of risk than Canada, according to HSBC's Canadian economist Stewart Hall.
Toronto-based Mr Hall, who visited Bermuda yesterday to speak with HSBC Bermuda staff and inve...
DATE: May 19, 2011
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CATEGORY:
Economy
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There is no peer reviewed evidence to support most of the accusations of tax evasion, money laundering and terrorist financing levelled at International Financial Centres (IFCs).
That is according to Dan Mitchell, of the Cato Institute, a US-based th...
DATE: May 18, 2011
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CATEGORY:
Economy
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The economic downturn and unforeseen events such as Hurricane Igor were the main contributors to the decline in the Ascendant Group's earnings for 2010, according to group CEO Vince Ingham.
Mr Ingham said that the drop in energy sales was indicative ...
DATE: May 17, 2011
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CATEGORY:
Economy
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Bermuda Commercial Bank yesterday announced a $1.35 million net profit for the six months through March 2011, as revenues more than doubled and client deposits rose by almost one third.
The bank is going through a period of rejuvenation under new own...
DATE: May 13, 2011
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CATEGORY:
Economy
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The ocean-front site of the former Sonesta Hotel in Southampton is up for sale.
Jones Lang LaSalle, along with Rego Sotheby’s International Realty, announced they have been selected as exclusive agents to market the development site.
The spectacular ...
DATE: May 11, 2011
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CATEGORY:
Economy
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