Log In

Senator Kim Wilkerson, the Shadow Minister of Economic Development, has described Oxfam’s assertion that Bermuda is the worst corporate tax haven in the world as “extremely disappointing”. The Progressive Labour Party MP said her party supported the ...

The experts hired to advise the Bermuda Government on its fiscal progress believe the island faces greater risks now than it did a year ago that leave it vulnerable to negative economic shock. The Fiscal Responsibility Panel, which today published it...

The post-election rally has taken stock markets to all-time highs. Readers know I am not a fan of making stock-market predictions, but the recent gains do raise some interesting questions. Rather than offer up a silly and very likely wrong forecast, ...

Bermuda’s financial watchdog has signed up three new graduate trainees. The Bermuda Monetary Authority has taken on Shae James, Aisha Jones and James Howard on the three-year programme, designed to prepare graduates for a career in financial regulati...

Bermuda’s growing asset management industry has a great opportunity for further expansion — particularly in the areas of insurance-linked securities and private equity. That was the one of the takes from the EY Hedge Fund Symposium that took place in...

Top officials from Bermuda Monetary Authority hosted the leading US insurance regulators’ organisation on the island. It was the first bilateral meeting between the BMA and National Association of Insurance Regulators since the two organisations sign...

The group of experts who advise the Bermuda Government on tackling its debt crisis believes the island is on the right track. The three-man Fiscal Responsibility Panel was appointed in 2015 to assess the Government’s efforts to balance the budget. Da...

The cost of living rose in September at the highest rate in more than a year. Inflation, as measured by the Consumer Price Index, hit 2 per cent with education, healthcare and food costs the main contributors to the increase. The Department of Statis...

Delinquent employers face prosecution over nearly $90 million in unpaid social insurance and payroll tax. The announcement was made today in a joint statement by tax commissioner Lucia Peniston, Department of Social Insurance director Karen Daniels a...

Bermuda has reportedly avoided being placed on an European Union blacklist after Britain blocked a French-led proposal that would have automatically branded the island a tax haven. Territories with a zero per cent corporate tax rate, such as Bermuda ...

Global Entrepreneurship Week 2016 was officially proclaimed by the Minister of Economic Development at a special event at City Hall yesterday afternoon. “For Global Entrepreneurship Week 2016, the Bermuda host committee aims to encourage Bermuda’s yo...

Expect inflation and interest rates to climb in the US against the backdrop of a rising tide of support for far-right, populist parties in Europe. That is the outlook of Azad Zangana, senior European economist and strategist at London-based investmen...