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"Limited service at tax office"

The Tax Commissioner’s office will offer limited service today as employees participate in an off-site training exercise. The office will be open and manned to accept telephone calls and mail and respond to general inquiries only, a Government spokes...
Oct 05, 2012
Local Business

"Gold buyer to offer loans"

Precious metals buyer Gold Standard Ltd is going into the loan business. The company, which recently surpassed more than $5 million in gold, silver and platinum items purchased — decided to launch the service based on customer feedback. “In the cours...
Oct 01, 2012
International Business

"Bermuda used in $4.5bn tax avoidance scheme"

WASHINGTON (Reuters) — Microsoft Corp and Hewlett-Packard Co have pushed back against claims by a US Senate panel that they used offshore units and loopholes to shield billions of dollars in profits from US taxes. Calling tax avoidance rampant in the...
Sep 21, 2012
International Business

"Fidelity Fund Empire Bermuda ties"

There’s something fascinating about a Fidelity Investments — a privately held, family business with $3.5 trillion in assets under administration as of January 2012. Founded in 1946, it’s now the second-largest US mutual fund company and one of the w...
Sep 21, 2012
Other

"Tax seminar for US citizens"

Calling all Americans and those who have US citizenship. Tax experts are holding a seminar to review what you need to know regarding your tax and immigration rights. James Paul Sabo CPA, tax specialist and president, ETS Limited in Bermuda will be di...
Sep 13, 2012
Other

"Inflation drops in July, but food and power costs jump"

The annual rate of inflation abated during the month of July, according to the data released yesterday by the Bermuda Department of Statistics. Consumers paid 2.5 percent more in July 2012 than they did a year ago for the CPI basket of goods and serv...
Sep 12, 2012
Economy

"BoP figures highlight slowdown in economic activity"

Bermuda’s current account surplus grew to $145 million in the first quarter, reflecting a positive balance in the Island’s transactions with the rest of the world. However, the Balance of Payments statistics released by Government yesterday indicate ...
Aug 31, 2012
Opinion Writer

"Withering crops lead to soaring issues"

Bermudians have always been concerned about the rain due to a lack of other sources of fresh water. The island’s recent drought-like conditions (barring the rains last week) may have been difficult, but now a global drought is impacting the markets i...
Aug 27, 2012
Letters to the Editor

"Jailing debtors is wrong "

August 19, 2012 Dear Sir, I have had the unfortunate occasion of witnessing the blatantly abusive and outdated debt recovery system exercised by the courts. Bermuda lags centuries behind in ethos on the rights of debtors and is imprisoning people for...
Aug 22, 2012
Letters to the Editor

"The high cost of shipping "

August 20, 2012 Dear Sir, After failing to locate a replacement pair of lightweight garden clippers during several visits to our local hardware stores I was forced to purchase a new pair of clippers online. It just so happens that the company that I ...
Aug 21, 2012
Other

"Gas prices rise 7.6 cents per litre"

Gasoline prices have climbed to a maximum $2.18 per litre, a rise of 7.6 cents per litre, according to the monthly announcement from the Ministry of Finance. Meanwhile the price of diesel has risen 6.6 cents to $1.92 per litre, and the price of keros...
Aug 20, 2012
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