RSSCategory: Business

BEDC To Offer StreetWise MBA Programme

BEDC To Offer StreetWise MBA Programme

The Bermuda Economic Development Corporation [BEDC] announced that it has signed a two-year licensing agreement with U.S. based company Interise to offer its StreetWise ‘MBA’ Programme to the island’s established entrepreneurs. A spokesperson said, “Bermuda is one of 80 locations throughout North America and the Caribbean to offer this award-winning... Read more of this article

Bermuda Stock Exchange Report: July 16 2018

Bermuda Stock Exchange Report: July 16 2018

July 16 saw 2,400 shares trade on the Bermuda Stock Exchange, valued at $39,600.00 BD. 2,000 shares were traded by Ascendant Group Limited, closing even at $16.25 per share, while another 400 shares were traded by BF&M Ltd, closing even at $17.75 per share. The BSX finished at 2,681.42, up 0.07%on the day. There was 1 advance, 0 declines, and... Read more of this article

Tech Firm Trunomi Wins Europas Award

Tech Firm Trunomi Wins Europas Award

Bermuda technology firm, Trunomi took home the Europas Award for Hottest Blockchain Identity Project, Perseid. The firm, founded by local CEO Stuart Lacey, has been lauded for its innovative work on Perseid, a consent ID blockchain technology project. The project is named Perseid after the annual meteor shower which includes thousands of individual... Read more of this article

Premier David Burt On Purchase Of Building

Premier David Burt On Purchase Of Building

“If the government is paying rent to itself as opposed to private accommodations, we will reduce the budget or be able to have more money to spend on the things that matter,” Premier and Minister of Finance David Burt told the House of Assembly. The Premier was answering questions about the government’s purchase of a new building during the... Read more of this article

The Reefs Named One Of Top 25 Resort Hotels

The Reefs Named One Of Top 25 Resort Hotels

The Reefs has been awarded #14 in the Travel & Leisure Top 25 Resort Hotels in the Caribbean, Bermuda and Bahamas, with hotels being rated on their facilities, location, service, food, and overall value.A Reefs spokesperson said, “We are of course very thankful to all of our guests who voted for us, and especially proud of all of our team... Read more of this article

Real Estate Brokers, Agents Meeting On July 16

Real Estate Brokers, Agents Meeting On July 16

There will be an outreach session for real estate brokers and agents at 1:30 p.m. on Monday [July 16] at The Cathedral Hall in Hamilton. A Government spokesperson said, “The Superintendent of Real Estate hereby advises real estate brokers and agents that there will be an outreach session at 1:30 p.m. on Monday, July 16, 2018 at The Cathedral Hall,... Read more of this article

AM Best: StarStone Ratings Remain Unchanged

AM Best: StarStone Ratings Remain Unchanged

A.M. Best said the Financial Strength Rating of A- [Excellent] and the Long-Term Issuer Credit Rating of “a-” of StarStone Insurance Bermuda and its subsidiaries remain unchanged following Enstar Group’s confirmation in a Securities and Exchange Commission filing dated 18 June 2018 that it is evaluating market interest in a potential sale of StarStone,... Read more of this article

Premier: 19 Fintech Companies Incorporated

Premier: 19 Fintech Companies Incorporated

19 fintech companies have incorporated in Bermuda, 24 others are in the process of incorporation – for a total 43 companies, Premier and Minister of Finance David Burt told the House of Assembly. The Premier was speaking during the ‘Premier’s Question Period,’ which was held for the first time in the House of Assembly on Friday. 90... Read more of this article

Shipping Schedule: Week Starting July 14

Shipping Schedule: Week Starting July 14

The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday July 7th.On Saturday the Saturday the Anthem of the Seas cruise ship and the STI Aqua oil products tanker are expected, on Sunday the Turbocem cement carrier and the Norwegian Dawn cruise ship will arrive, and on Monday... Read more of this article

Bermuda Stock Exchange Report: July 13 2018

Bermuda Stock Exchange Report: July 13 2018

July 13 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,679.43, even on the day. There were 0 advances, 0 declines, and 60 remained unchanged. The full report for the day is available here [PDF], and the full report for the week is available here [PDF]. Related StoriesBSX Opening Delay To Honour Chris Madeiros BSX... Read more of this article

Business Email Compromise Scam Advisory

Business Email Compromise Scam Advisory

The police continue to urge companies to review business processes to guard against the ‘Business E-mail Compromise’ scam, saying the most recent of these cases was reported to police on Thursday, and “involved employees of a company who were in receipt of several e-mails which purported to be from their boss, instructing them to wire over... Read more of this article

Minister: Five-Year Plan For Bermuda’s Tourism

Minister: Five-Year Plan For Bermuda’s Tourism

The Ministry of Economic Development & Tourism has been working with the Bermuda Tourism Authority [BTA] to update the National Tourism Plan, Minister of Economic Development and Tourism Jamahl Simmons said, explaining that the objective is to develop a five-year plan for the growth of Bermuda’s tourism “in a world where tourism is constantly... Read more of this article

Ascendant Group Hires Fifteen Summer Interns

Ascendant Group Hires Fifteen Summer Interns

Fifteen student interns are gaining valuable work experience this summer through Ascendant Group’s Summer Student Programme. The Interns are placed throughout the Group within a variety of departments at Ascendant, BELCO and Aircare. Anthony Bailey, Jordon Lindsay, Daniel Pinto, Charnae Richardson, Azra Smith and Taye Thompson are supporting Ascendant’s... Read more of this article