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Economy (general)

Economy

FT scores Island poorly for business friendliness

The quality of life in Bermuda is great, but the Island falls flat when it comes to business friendliness and the quality of its labour force. The eye-opening findings are contained in a new report by the Financial Times’ fDi Intelligence division. B...
Sep 01, 2011
Editorials

"Job losses"

It’s been said before, but bears repeating. The time it takes to release the results of the annual employment survey a year is a disservice to the community and to the policymakers who cannot make good decisions without accurate and up to date inform...
Sep 01, 2011
Letters to the Editor

"Govt is out of its depth "

August 29, 2011 Dear Sir, Bermuda has always survived in spite of itself. However, the prediction of a deeper recession in Friday’s Royal Gazette is troubling not because of its implications but because Government has probably no idea how to deal wit...
Aug 31, 2011
Local Business

"KFC sales drop again as union talks continue"

Kentucky Fried Chicken (Bermuda) Ltd’s half-year sales dropped for the second consecutive year as the company posted an operating loss of $102,475 for the first six months of 2011. The company also revealed that it is still in talks with the Bermuda ...
Aug 29, 2011
Letters to the Editor

"New economic ideas "

August 25, 2011 Dear Sir, The global economic crisis is being felt more and more in Bermuda. With Bermudians unemployed, international businesses domiciling to other jurisdictions and crime becoming more prevalent, we have still not developed a new m...
Aug 26, 2011
Economy

"Cox: Govt is acting to aid economy"

Government has taken a raft of measures to aid economic recovery, including efforts to preserve Civil Service jobs and help private businesses both small and large. This from Premier and Finance Minister Paula Cox and her Ministry yesterday. “We have...
Aug 26, 2011
Economy

"Could the recession get worse?"

Economic analysts are sounding alarm bells about the Bermuda economy, saying Government may need to consider bold steps to avoid the potential of the Island sinking further into recession in the coming months. A board member of the Chamber of Commerc...
Aug 26, 2011
Letters to the Editor

"Time to lower interest rates"

August 20, 2011 Dear Sir, Most people in Bermuda know at this point that all is not well in the local and world economies. The problems are bad and getting worse. China and India alone represent about 40 percent of the world's labour and they are wil...
Aug 23, 2011
Editorials

"Economic confidence"

Premier Paula Cox urged Bermudians not to be “self-haters and self-doubters” at a town-hall meeting on the economy this week. This can be viewed in different ways. As a question of confidence, it is a chicken and egg conundrum. Without economic grow...
Jul 22, 2011
Letters to the Editor

"Blind leading the blind"

July 20, 2011 Dear Sir, Yesterday's town hall meeting with the Ministers presenting the Premier Cox plan for stimulating the economy told me we are a country in great danger. It's all Socialist rhetoric by Minister Blakeney along with the voodoo eco...
Jul 21, 2011
Opinion Writer

"Expanding Bermuda's economy"

A founding principle of the One Bermuda Alliance is opportunity. We believe that if you work hard and play by the rules then you should have the opportunity to succeed. Opportunity depends on a strong economy which today is weak, with job losses and...
Jul 19, 2011
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