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Bermuda Monetary Authority fees for special purpose insurers will be cut by almost 50 percent under legislation approved by the House of Assembly. Registration fees will be reduced from $11,600 to $6,000 in an attempt to make it more attractive for t...

Advocates for the elderly have commended Premier Paula Cox’s decision not to make seniors pay to license larger cars. Age Concern director Claudette Fleming said: “With respect to the Premier’s response of fine-tuning the original conditions outlined...

Anthony Manders has been appointed to the post of financial secretary in the Ministry of Finance, Cabinet Office announced. Mr Manders has been the assistant financial secretary since March 2004. Prior to that, he was one of two Assistant Accountant...

The Ministry of Finance has spent more than $3 million on consultants this fiscal year. Figures provided by the Ministry in response to parliamentary questions put forward by Shadow Finance Minister Bob Richards show that between April 1, 2011 and Fe...

A law change enabling a standard 25 percent duty rate to be charged on goods imported for personal use was introduced in the House of Assembly by Premier and Finance Minister Paula Cox. The Island’s courier companies hit out at the move when it was f...

With 780 government-owned buildings to maintain, Government Minister of Estates and Information Services Michael Scott disclosed last night that government is faced with the ongoing discovery of mould, now that most government buildings are approachi...

Health Minister Zane DeSilva gave a review of spending in his Ministry in the House of Assembly, against the backdrop of a nine percent rise in health costs last year. The National Health Plan, designed to provide universal access to healthcare by 20...

The Ministry of Finance has spent more than $3 million on consultants this fiscal year. Figures provided by the Ministry in response to parliamentary questions put forward by Shadow Finance Minister Bob Richards show that between April 1, 2011 and Fe...

Personal and business cheques will no longer be accepted at the Transport Control Department (TCD), but manager’s cheques can still be used for payments, TCD advised. Cash is welcome, as well as credit cards Visa and MasterCard. TCD said also that bu...