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Making returning travellers pay more Customs duty at the airport might help Government raise money, but is unlikely to help local retailers, according to Bermuda residents. Duty for items declared by returning residents at the airport is to increase ...

Premier Paula Cox will be a guest speaker when Business Bermuda stages its Annual New York Financial Services Conference on Wednesday at the Harvard Club of New York. The Premier will be introduced by the Governor, Sir Richard Gozney. The conference...

Premier Paula Cox’s announcement that payroll tax will be frozen for retail workers for the next six months is welcome news. This newspaper has been advocating actions of this kind for some time, and anything that will help local businesses keep peop...

Twelve percent of residents have lost a job in the last year, according to a new poll. Most of those who had their jobs axed were black men and the biggest out of work age group was 45 to 54 year olds. The statistics came from a Mindmaps poll conduct...

More than half of residents think the economy is Bermuda’s biggest issue and only 11 percent have confidence in the way things are headed, according to a new poll. A Mindmaps poll conducted for The Royal Gazette in July has found that the economy/ u...

Premier Paula Cox today announced measures intended to aid the suffering retail sector. Payroll tax relief and a rise in duty for residents returning from travel abroad, were among the initiatives revealed at a press conference this morning. Retailer...

Relaxing the Island’s 60/40 rule could help local companies raise significant capital in the challenging economic times. This is according to financial analysts, who said if Government changed the rule and allowed more domestic companies to sell the...

Bermuda does not need any more bad news on the economic front, but that does not mean it will stop. Yesterday saw the release of the retail sales figures for July, which proved what was fairly obvious anyway that the recession is deepening and recove...

By Jonathan Kent Premier Paula Cox and joined former Premier Sir John Swan on a panel at a conference focusing on infrastructure in Miami yesterday. The discussion marked the start of KPMG’s “Infrastructure Summit: An Island Perspective of a Global C...