RSSCategory: Business

Bermuda Stock Exchange Report: March 20 2019

Bermuda Stock Exchange Report: March 20 2019

March 20 saw 3,050 shares trade on the Bermuda Stock Exchange, valued at $56,062.50 BD. 1,800 shares were traded by Ascendant Group Limited, closing even at $20.00 per share, while another 1,250 shares were traded by BF&M Ltd, closing at an even $16.05 per share. The BSX finished at 2,329.16, even on the day. There were 0 advances, 0 declines,... Read more of this article

Photos: Security Token Summit Meetings Held

Photos: Security Token Summit Meetings Held

Premier David Burt joined industry leaders within the security token marketplace yesterday at the Hamilton Princess to discuss the evolution of capital markets and work towards building a common framework on the issuance and trading of security tokens. “The Blockchain Token Association [BTA] was founded to support the growth of the blockchain... Read more of this article

OBA & Government On Media Spending Contract

OBA & Government On Media Spending Contract

“Government must explain why it is spending at least $50,000 promoting news messages like Ministerial statements through a media organisation owned by a former PLP MP,” OBA MP Susan Jackson said, while the Government noted that the spending with that particular outlet is $24,000 to date, they also spend with other media outlets, and they... Read more of this article

Governance Professionals Of Canada Workshop

Governance Professionals Of Canada Workshop

Governance Professionals of Canada [GPC] hosted a workshop in Bermuda this week for their members and local Governance and compliance professionals, and the Minister of Labour, Community Affairs and Sports Lovitta Foggo was invited to present opening remarks. GPC‘s is a membership organization for governance professionals in Canada. Its members deal... Read more of this article

Dozens Of People Retire From Ascendant

Dozens Of People Retire From Ascendant

[Written by Don Burgess] Nearly 13% of Ascendant’s workforce took up a voluntary retirement offer from Ascendant. A company spokesperson said that 50 people accepted early retirement. In the 2018 year-end financial statement, Ascendant said that BELCO had 258 employees, which was 67% of the staff employed by the Group which also includes AIRCARE,... Read more of this article

Ascendant’s Share Repurchases For March 18th

Ascendant’s Share Repurchases For March 18th

In a filing with the Bermuda Stock Exchange [BSX], Ascendant Group Limited advised that pursuant to its share repurchase programme, the company repurchased 50 common shares at an average price of $20.00 on 18 March 2019. The Company advised the repurchased shares will be cancelled. Related StoriesAscendant’s Share Repurchases For March... Read more of this article

Bermuda Stock Exchange Report: March 19 2019

Bermuda Stock Exchange Report: March 19 2019

March 19 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,329.16, even on the day. There were 0 advances, 0 declines, and 57 remained unchanged. The full report for the day is available here [PDF]. Related StoriesBermuda Stock Exchange Report: March 20 2019 Bermuda Stock Exchange Report: March 18 2019 Bermuda Stock... Read more of this article

Carla Seely Column: Planning For Longevity

Carla Seely Column: Planning For Longevity

[Written by Carla Seely] Wow, he made it. Over the past 14 years I have talked about him, written many articles about him and wondered whether he would actually make it to his 100th birthday. He is an inspiration to me; I have often reflected on his life, especially in times of my own self-doubt, not always because of his advice but because his life... Read more of this article

Zurich Bermuda Hosts Island-Wide Seniors Tea

Zurich Bermuda Hosts Island-Wide Seniors Tea

For a decade Zurich Bermuda has sponsored island-wide social tea events for Bermuda’s seniors. With financial support and staff volunteers, over 1,600 tasty meals have been served to seniors during Heritage Month. The director at Bermuda Senior Islanders’ Centre, Fredrick Hassell said, “Fifteen senior groups spread across the island that... Read more of this article

Andrew Mantilia To Speak At Chamber AGM

Andrew Mantilia To Speak At Chamber AGM

The Bermuda Chamber of Commerce announced this year’s Annual General Meeting Luncheon keynote speaker, Mr. Andrew Mantilia, Global Geopolitics Lead, for KPMG. “Andrew is responsible for leading KPMG’s efforts globally to help companies and governments understand the implications of geopolitics on their business,” the Chamber said. “He... Read more of this article

BMSG To Expand Medical Facilities In Hamilton

BMSG To Expand Medical Facilities In Hamilton

Bermuda Medical Specialties Group [BMSG] announces its plans to expand in the City of Hamilton, saying they will “launch hospital care and urgent care in summer 2019,” which “will be in addition to the outpatient services and no appointment, walk-ins currently being offered.” “The changing landscape of healthcare and patients’... Read more of this article

Bermuda Stock Exchange Report: March 18 2019

Bermuda Stock Exchange Report: March 18 2019

March 18 saw 432 shares trade on the Bermuda Stock Exchange, valued at $15,438.00 BD. 382 shares were traded by Bank of N.T. Butterfield Ltd, closing up 10.4% at $38.75 per share, while another 50 shares were traded by Ascendant Group Limited, closing even at $20.00 per share. The BSX finished at 2,329.16, up 7.58% on the day. There were 2 advances,... Read more of this article

Blue Bison Launches Payroll Tax HR Solution

Blue Bison Launches Payroll Tax HR Solution

Blue Bison, the software division of Paragon GRC Bermuda, is officially launching their HRM/payroll software solution that has been modified to support the calculation and reporting of Bermuda’s progressive payroll tax regime. “Blue Bison is currently used to administer local offshore payroll and work permit processing by more than 7,000... Read more of this article