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New rules to protect consumers from unfair debt collection practices have been welcomed, but could meet “resistance” from the industry. Henry Tucker, a litigation attorney, applauded the objective behind the proposed Debt Collection Act 2018 and desc...

After a number of previous successes, the Ice House Entrepreneurship programme returns to Hamilton this month to provide education and guidance for students with ambitions to run their own enterprise. The programme was introduced to Bermuda in 2015 a...

Inflation edged down 0.1 of a percentage point to 1.6 per cent in June. The all-items index was 105, which means a basket of goods that cost $100 in April 2015 now costs $105. According to the Consumer Price Index report for June, released by the Dep...

Bermuda’s financial-services regulator has hired a fintech adviser to ramp up its expertise in digital-asset business supervision. Moad Fahmi, CFA, FIA, joins the Bermuda Monetary Authority as senior adviser, supervision (financial technology). Mr F...

Local businesses are taking the opportunity to promote their products and services at Destination Dockyard. The weekly event returned last month after an absence of a few years and is being run by PinkSand Entertainment, which successfully submitted ...

Bermuda has less than five months remaining to honour its pledge to the European Union to enact new laws to address concerns over international tax avoidance. The Bermuda Government has developed a strategic plan to make the necessary changes, a gove...

When it comes to shopping for back-to-school supplies, parents can quickly spend a lot of time and money trawling through shops to get all the items their children need for the new term. A convenient solution has been created by teacher Tracy Hayward...

Not so long ago, politicians had “favourite” economists. Margaret Thatcher’s was Milton Friedman. John F. Kennedy’s was probably John Kenneth Galbraith. President Bill Clinton had a Nobel Prize-winning economist, Joseph Stiglitz, in residence at the ...

Borrowers could have greater protection from the unfair practices of debt collection agencies if new legislation is passed. The Minister of Home Affairs tabled a Bill to provide a “comprehensive licensing regulatory framework” for agents involved in ...

I need to speak to the thorny subject of a minimum and living wage, which has been proposed as legislation. I can certainly relate to the morality of people working and earning enough to afford a roof over their heads and raise a family, with all tha...

In numerous publications in the last few weeks, various headlines arose noting that “the state of Delaware (Secretary of State Jeffrey Bullock) supports HR 6403, a current US congressional Bill titled Counter Terrorism and Illicit Finance Act as the ...

A new tax will leave Bermuda’s least well off facing a “potentially huge bill”, an Opposition senator said this morning. The statement comes after the Payroll Tax Amendment Act was approved in the Upper Chamber on Wednesday. Justin Mathias, chair o...