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The financial services industry in Bermuda had foreign portfolio holdings of more than half-a-trillion dollars last year. At $516 billion, that was up 16 per cent on 2013. While the Island does not feature in the world’s top ten places with the large...

“We created seven companies in 54 hours. What did you do last weekend?” Most of the 30-odd people who were sitting in the room on December 4 had no idea what they were getting into. Some had an awesome idea that they wanted to share. Others had a bur...

It is no secret that Bermuda is living with a huge public debt that continues to get bigger every year. The gravity of the situation for all Bermudians should not be underestimated. The Bermuda Government’s gross outstanding debt stands at $2.25 bill...

Casinos could be a major job creator for the Island, according to Bermuda Casino Gaming Commission executive director Richard Schuetz. Speaking about the introduction of casinos in a wide-reaching interview with The Royal Gazette, Mr Schuetz said tha...

They call economics the “dismal science”. The world often seems far more interested in the awful things going on rather than positive developments. That’s why we rubber-neck when we see car accidents, but airplane landings never make the news. Now t...

The Bermuda Government will commit to working with businesses to help to create jobs as the Island emerges from the recession, according to Michael Dunkley. The Premier said he was confident that opportunity would arise while discussing the Throne S...

Data released by the Bermuda Government last week affirmed that we are out of recession. Gross domestic product — the sum of all the goods and services the Island produces — grew by 1.5 per cent in the second quarter of this year, the third successiv...

Business partnership laws are to be revamped to make sure Bermuda stays competitive. The Throne Speech explained that the changes would maintain the Island’s position as an offshore business leader. The speech, delivered by Governor George Fergusson ...

Dear Sir, The quietly thoughtful article by Sir John Swan entitled “Is the Island open for business or not” on November 5 makes the critically important point that “opening up our economy makes us more competitive, more flexible and with a wider men...

The creation of a local plan for North East Hamilton is a vital project for the area, the Island and the Department of Planning. And according to planner Cory Brown, the approach could also be used in other areas across the Island that are intereste...

Bermuda is economically and socially at a critical crossroads. Globalisation is affecting our international competitiveness in tourism and international business. We are faced with a range of current and emerging challenges. These challenges are not...

The resounding success of the Louis Vuitton America’s Cup World Series Bermuda weekend has sparked fresh optimism for the potential rebirth of the City of Hamilton. The sailing spectacle, which attracted huge crowds to Front Street and provided a maj...