ECONOMY
‘Bermuda has serious political shortcomings’
When it comes to Rev. Nicholas Tweed, politics is never very far away from his pulpit. "There's no such thing as just a Sunday preacher," he's fond of saying.
Jon Stewart’s swipe at tax havens
Bermuda has managed to avoid the satirical scythe of The Daily Show with Jon Stewart - this week, a 'bit' on the popular news comedy show skewered off-shore tax havens.
Grand Atlantic condo deal close
A deal could soon be struck on the sale of the Grand Atlantic property in Warwick.
Premier: Bermuda opening its doors to Islamic Finance
Premier Craig Cannonier said his attendance at the Global Islamic Finance and Investment Group was 'very encouraging for Bermuda'.
How badly does Bermuda need new people?
The OBA government is advocating an increase in Bermuda’s population, saying it is key to fostering economic growth for the island.
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Sol officially takes over Esso
Barbados-based company purchased ExxonMobil's Bermuda business on Wednesday and will now operate the island's Esso stations and supply aviation fuel.
Government lifts stewardship notice on City of Hamilton
The Corporation of Hamilton will not be able to spend more than $50,000 without permission from the Minister of Home Affairs, it was announced Thursday.
Cash for gold businesses come under scrutiny
Government may follow Barbados' example when it comes to 'cash for gold', which requires dealers to pay for gold by cheque and keep records of the seller's passport.
Car sales help retail sales increase
For the second time in three months there was a gain in the volume of the Retail Sales Index for Bermuda.
Sardis buys Pink Beach (Update 2)
Sardis Developments on Friday announced that it has acquired the former Pink Beach Club property, directly following the unveiling of redevelopment plans to stakeholders.
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BELCO looking to lower your bill
BELCO submitted a proposal to the Energy Commission on Thursday to revise the residential Facilities Charge to assist lower-energy-usage customers.
Budget 2014: How the two parties differ
The OBA and PLP have shared their visions for how our tax dollars should be spent over the next year and, to no one's surprise, there are differences.
Burt: 'Tax concessions cannot go on forever'
While acknowledging that jobs could be lost if retail and hospitality tax concessions were phased out, David Burt said the concessions were never meant to be permanent.
Bermuda's population expected to fall to 61,566 people
Bermuda's resident population is likely to drop from 64,129 people in 2010 to 61,566 people in 2020, according to a Department of Statistics report released on Wednesday.
Finance Minister: Fragile economic recovery could be easily derailed
Bermuda is seeing a "fragile" economic recovery that could be "easily derailed", Finance Minister Bob Richards said at the Chamber of Commerce's Budget Breakfast on Monday.
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