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Construction and property

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"Greymane Contracting president reflects on a tough year"

The construction industry faces some uncertain times ahead if the experiences of one small business owner and contractor are anything to go by. Alex DeCouto, president of Greymane Contracting, said that new projects had dried up considerably over the...
Feb 15, 2011
Other

"Positive signs for real estate market"

The real estate market is starting to show signs of recovery, according to Coldwell Banker Bermuda Realty's agency manager Susan Thompson. Ms Thompson said that 2011 was expected to be a big improvement on 2010 and believes that the last few months m...
Jan 31, 2011
Other

"Construction firm lays off ten workers"

Ten workers have been laid off at Paterson Contracting due to the sluggish construction industry. The local company, which employs 35 people and is based on Harbour Road, has issued lay-off letters to eight Bermudians and two foreign workers. Financi...
Jan 25, 2011
Other

"Groundbreaking held for $315m hospital redevelopment"

Dozens of politicians and medical professionals turned out to see the hospital redevelopment project take its first steps on the road to completion. Premier Paula Cox, past Premiers Ewart Brown and Alex Scott, and Health Minister Zane DeSilva were am...
Jan 20, 2011
Other

"Groundbreaking for $300m hospital redevelopment"

Dozens of politicians and businesspeople this afternoon turned out to see the redevelopment of King Edward VII Memorial Hospital project take its first steps on the road to completion. Premier Paula Cox, past premiers Ewart Brown and Alex Scott and ...
Jan 18, 2011
Other

"Call for Bermudian construction workers to retrain"

Bermudian construction workers should consider retraining so they can do jobs being farmed out to foreigners, according to Junior Economy Minister Ashfield DeVent. Mr DeVent said out-of-work locals need to make sure they don’t get left behind as mode...
Jan 13, 2011
Other

"Minister makes construction training pledge"

Economy Minister Kim Wilson today said up-to-date jobs figures are not available as Government awaits the completion of the 2010 census. But Senator Wilson said the 4.5 percent unemployment statistic from last year will have likely increased given an...
Jan 12, 2011
Economy

"Hospital project will barely help construction crisis"

Bermuda’s construction crisis will barely be improved by the imminent hospital redevelopment and Waterloo House hotel project, according to Construction Association of Bermuda president Andy Pereira. He said only two major Bermudian contractors are i...
Jan 11, 2011
Other

"Govt. must speed up the planning process to create jobs - UBP"

Government should fast-track building applications to help create jobs, UBP leader Kim Swan said this afternoon. Mr Swan, the Shadow Minister for the Environment and Planning, said the UBP understood the need to ensure projects complied with building...
Jan 10, 2011
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