Category: Business
STEP Bermuda Conference From Nov 29 – 30
The STEP Bermuda Conference 2023 is set to take place at the Bermuda Underwater Exploration Institute from November 29 to 30. A spokesperson said, “The Bermuda Underwater Exploration Institute is the venue for the upcoming STEP Bermuda Conference 2023, taking place on 29 – 30 November. STEP is a global professional body, with more than 21,000... Read more of this article
Bermuda Stock Exchange Report: Nov 27 2023
November 27 saw 10,760 shares trade on the Bermuda Stock Exchange, valued at $262,219.33 BD. 10,760 shares were traded by BF&M Ltd, closing at an even $24.49 per share. The BSX finished at 2,090.17, even on the day. There were 0 advances, 0 declines, and 63 remained unchanged. The full report for the day is available here [PDF]. Related Stories LOM... Read more of this article
Bermudians Working In Atlanta, Miami & NY
Marsh McLennan announced that four Bermudians “have embraced international opportunities within the company,” noting that Jahan Cedenio has relocated to New York, Samantha Martinez has relocated to Miami, Kimika Jackson will relocate to Atlanta, and Kyla Evans has embarked on a six-month secondment at Marsh McLennan’s global headquarters... Read more of this article
Museum Expands Online Holiday Gift Shop
The National Museum of Bermuda [NMB] has expanded their online gift shop, introducing a new ornament and jigsaw puzzle in addition to reproductions of historic prints and maps, NMB Press publications and memberships. A spokesperson said, “Shop proceeds directly support all the work of the Museum. NMB’s famous mouse-catcher, Bastion the cat,... Read more of this article
Photos & Video: 2023 BUEI Harbourside Market
The Bermuda Underwater Exploration Institute [BUEI] hosted their annual Harbourside Market today [Nov 25] with local vendors and artisans showcasing their products and “providing perfect gifts for the holiday season.” A spokesperson previously said, “Items for sale include Women’s Clothing, Jewellery, Herbal Tea Blends, Luxury Handbags,... Read more of this article
Minister: Establishing Southeast Hamilton EEZ
New legislation will create the Southeast Hamilton Economic Empowerment Zone, Minister of Economy and Labour Jason Hayward said. Speaking in the House of Assembly on Friday [Nov 24] the Minister said, “Later today, I will be laying before this Honourable House the Economic Development [Designation of Economic Empowerment Zone] [SEH] Order 2023,... Read more of this article
Shipping Schedule: Week Starting Nov 25
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday, November 25th. On Sunday the Norwegian Breakaway and the Azamara Onward cruise ships and the C Knokke LPG tanker are expected, on Monday the Oleander container ship will arrive, and on Tuesday the Norwegian Getaway cruise... Read more of this article
AM Best Affirms Credit Ratings Of NEWGT
AM Best affirmed NEWGT Reinsurance Company’s excellent A- Financial Strength Rating and “a-” Long-Term Issuer Credit Rating, noting a strong balance sheet and stable outlook. A statement from the ratings agency said, “AM Best has affirmed the Financial Strength Rating of A- [Excellent] and the Long-Term Issuer Credit Rating of “a-”... Read more of this article
Bermuda Stock Exchange Report: Nov 24 2023
November 24 saw 100,900 shares trade on the Bermuda Stock Exchange, valued at $729,956.00 BD. 100 shares were traded by Bank of N.T. Butterfield Ltd, closing down 3.6% at $27.00 per share, while another 95,200 shares were traded by Argus Group Holdings Ltd, closing down 0.6% at $6.16 per share. 5,600 shares were traded by BF&M Ltd, closing at... Read more of this article
Argus Sets Date For Annual General Meeting
Argus Group has disclosed that its 2023 annual general meeting of shareholders is scheduled for Friday, December 29th. A spokesperson said, “In a filing with the Bermuda Stock Exchange, Argus Group Holdings Limited announced that it will hold its 2023 annual general meeting of shareholders on Friday, 29 December, 2023 at 9:00 a.m. Meeting materials... Read more of this article
One Communications Launch 5G Mobile Network
One Communications announced they are launching a 5G mobile network, with the company saying “the 5G network promises to revolutionize the mobile service experience in Bermuda, beginning in Hamilton with internet access speeds up to 10x faster than the current 4G capabilities.” A spokesperson said, “One Communications proudly announces... Read more of this article
Phoenix Group Offer Black Friday Deals
The Phoenix Stores will be offering Black Friday deals at their various locations including the Phoenix, their other pharmacy locations, the Annex Toys, P-Tech, Brown & Co and more tomorrow [Nov 24]. The deals include savings on electronics, kitchenware, appliances, gadgets, accessories, toys, and more. Related Stories AIRCARE... Read more of this article
Photos: 2023 Rocket Pitch Competition Winners
The Bermuda Economic Development Corporation [BEDC] launched the 2023 Global Entrepreneurship Week [GEW] with the Rocket Pitch Competition, with a number of local entrepreneurs winning cash prizes. A spokesperson said, “On Thursday, November 16th, the Bermuda Economic Development Corporation [BEDC] successfully kicked off the 2023 Global Entrepreneurship... Read more of this article
Bermuda Stock Exchange Report: Nov 22 2023
November 22 saw 84 shares trade on the Bermuda Stock Exchange, valued at $490.50 BD. 84 shares were traded by Argus Group Holdings Ltd, closing even at $6.20 per share. The BSX finished at 2,144.75, even on the day. There were 0 advances, 0 decline, and 63 remained unchanged. The full report for the day is available here [PDF]. Related Stories LOM... Read more of this article
Sir John Swan Speaks At Chamber AGM
In an address at the Annual General Meeting [AGM] of the Bermuda Chamber of Commerce Real Estate Division, Sir John Swan emphasized the need for change and progress and the need to reshape Bermuda’s economy. A spokesperson said, “The Bermuda Chamber of Commerce Real Estate Division is delighted to announce Sir John Swan was the distinguished... Read more of this article
ByBermuda 2.0 Launched For Holiday Season
In conjunction with Global Entrepreneurship Week celebrations, the Bermuda Economic Development Corporation [BEDC] announced the launch of ByBermuda 2.0, the “revamped online marketplace, just in time to spread holiday cheer. ” A spokesperson said, “The upgraded platform is tailored to empower local small businesses and entrepreneurs,... Read more of this article
