153722 results returned for search: "" category "News"
The Bermuda Housing Corporation will extend its rent-geared-to-income initiative and will provide interest free loans for first time buyers.
The commitment by the Ministry of Labour, Home Affairs and Housing was revealed in yesterday's Budget, when i...
DATE: Feb 27, 2010
|
CATEGORY:
Other
|
Government has raised its statutory debt ceiling to $1.25 billion — up 25 percent.
Bermuda governments have traditionally tried to keep the limit inside 10 percent of gross domestic product, but the latest rise takes it to more than 20 percent.
The m...
DATE: Feb 27, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Retailers have expressed their deep disappointment at Finance Minister Paula Cox's Budget package claiming it failed to meet their expectations and address the key issues facing the industry as a whole.
A reduction in payroll tax for retailers betwee...
DATE: Feb 27, 2010
|
CATEGORY:
Other
|
To His Honour the Speaker and Members of the Honourable House of Assembly
Rahm Emmanuel: "You never want a serious crisis to go to waste. Things that we had postponed for too long – that were long-term – are now immediate and must be dealt with. This...
DATE: Feb 27, 2010
|
CATEGORY:
Other
|
Government backbencher Wayne Perinchief yesterday said a payroll tax increase unfairly punishes blue collar workers already feeling the pinch from the economic crisis.
And both opposition parties complained workers are now being penalised for Governm...
DATE: Feb 27, 2010
|
CATEGORY:
Other
|
AUTHOR:
Tim Smith
Private pension funds could soon be accessible for Bermudians who are financially strapped.
Finance Minister Paula Cox announced that persons could have access to funds they vested into the National Pension Scheme, if they faced financial hardship.
...
DATE: Feb 27, 2010
|
CATEGORY:
Other
|
The Department of Tourism's budget rose 19 percent this year, with the Ministry allocated an additional $6 million.
Tourism was given $38.1 million in this year's $1.2 billion Budget. It was given $31.1 million last year but only spent $30.1 million....
DATE: Feb 27, 2010
|
CATEGORY:
Other
|
Government is expecting the Island's economy to come out of recession and grow by up to one percent in the coming year, after it shrank by an estimated 2.5 percent last year.
According to the outlook for the Ministry of Finance's National Economic Re...
DATE: Feb 27, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Finance Minister Paula Cox yesterday raised payroll tax to 16 percent — up from 14 percent — as she attempted to get to grips with the economic crisis with a $1.2 billion Budget.
Critics said the working poor are being unfairly punished for Governmen...
DATE: Feb 27, 2010
|
CATEGORY:
Other
|
AUTHOR:
Tim Smith
Hospital patient subsidy claims were the cause of a $15 million budget overrun by the Ministry of Health last year.
The overrun drove total spending to $194,803 million.
The subsidy claims ran up to $15,000,279.
King Edward VII Memorial Hospital (KEM...
DATE: Feb 27, 2010
|
CATEGORY:
Other
|
