Hashtag: #BermudaBusiness

Warwick Academy Winner In “Fuelling 4 A Cause”

Warwick Academy Winner In “Fuelling 4 A Cause”

Warwick Academy is “thrilled” to have been selected as a winner in the Rubis “Fuelling 4 a Cause” photo competition. A school spokesperson said, “They will receive $1,000 and have the chance to turn it into more funds. Anyone who buys gas at any of the Rubis stations between now and November 9 will receive a code and website to... Read more of this article

Consumer Price Index: Inflation Rose 0.8%

Consumer Price Index: Inflation Rose 0.8%

Consumers paid 1.6% more in July 2016 than they did a year ago for the basket of goods and services included in the Consumer Price Index [CPI]. The level of inflation rose 0.8 percentage points from the 0.8% measured in June 2016. The Consumer Price Index report said, “Between June 2016 and July 2016, the average cost of goods and services in the... Read more of this article

Mid-Term BizCamp Recruitment Announced

Mid-Term BizCamp Recruitment Announced

Young local entrepreneurs are being invited to showcase their business savvy during an innovative training scheme being conducted during the Mid-Term Break from October 24 to October 28. The Youth Entrepreneurship Initiative [YEI], in conjunction with the Department of E-Commerce, will conduct the Mid-Term BizCamp designed to “cultivate the entrepreneurial... Read more of this article

Four Appleby Lawyers On ’2016 Leaders List’

Four Appleby Lawyers On ’2016 Leaders List’

Citywealth has named four Appleby Bermuda lawyers to their 2016 ‘Leaders List’, with Partners Vanessa Schrum and Keith Robinson, Counsel QC Michael Mello and Senior Associate Ashley Fife all honoured for their outstanding work. The Citywealth ‘Leaders List’ is compiled from recommendations from private wealth managers and advisors, as well as... Read more of this article

Bermuda Stock Exchange Report: Sept 29 2016

Bermuda Stock Exchange Report: Sept 29 2016

September 29 saw 9,800 shares trade on the Bermuda Stock Exchange, valued at $232,370.00 BD. 9,800 shares were traded by Bank of N.T. Butterfield Ltd, closing up 1.1% at $23.75 per share. The BSX finished at 1,554.47, up 0.73% on the day. There was 1 advance, 0 declines, and 63 remained unchanged. The full report for the day is available here [PDF] Related... Read more of this article

AZURA Boutique Hotel Starts Construction

AZURA Boutique Hotel Starts Construction

AZURA Bermuda Boutique Hotel and Residences has just commenced construction on the property formerly known as Surf Side Beach Club, on the south shore in Warwick. “The initial Phase will have 18 Hotel Residences providing up to 46 Hotel rooms. Also featured as part of the initial Phase will be a new poolside restaurant with exceptional ocean /... Read more of this article

KPMG: Lightowler To Retire, Morrison Appointed

KPMG: Lightowler To Retire, Morrison Appointed

KPMG in Bermuda today [September 29] announced that Richard Lightowler, Managing Director and the firm’s Head of Insurance will be retiring from the firm effective December 31, 2016, and that Mike Morrison will take over as Head of Insurance practice from October 1, 2016. Mr. Lightowler joined the firm in 1993, rising quickly through the ranks to... Read more of this article

AlumiGlas Expands Operations With New Facility

AlumiGlas Expands Operations With New Facility

Local company AlumiGlas has expanded operations to a 3,700 ft. facility at 15 Cox’s Hill, with the move “beginning as a dream and developing into reality.” A spokesperson said, “In 2005, George Tatem, put his 38 years of experience in glazing and glass installations into a business model. George Tatem decided to start AlumiGlas [Commercial... Read more of this article

HSBC To Invest $3M In Harbourview & Compass

HSBC To Invest $3M In Harbourview & Compass

Saying that they have a “very successful business in Bermuda,” HSBC Bermuda said they “will be investing in the region of USD3.0 million in the Harbourview Centre and Compass Point properties.” Mark Watkinson, HSBC Bermuda’s CEO, said: “We have a very successful business in Bermuda. This can be attributed to the strong... Read more of this article

BCB Receives Deutsche Bank Payments Award

BCB Receives Deutsche Bank Payments Award

Bermuda Commercial Bank Limited [BCB], has received the 2015 Deutsche Bank payments award for the “exceptional quality of payment messages” to Deutsche Bank’s Global Transaction Banking Operations unit for payments in euros during the 2015 fiscal year. A spokesperson said, “Last year, BCB processed approximately $30 billion in total payments... Read more of this article

Princess Beach Club Celebrates Oktoberfest

Princess Beach Club Celebrates Oktoberfest

Hamilton Princess & Beach Club has announced that, in celebration of Oktoberfest, the world’s largest beer festival, Princess Beach Club will host a themed buffet today [Sept 29] and tomorrow [Sept 30] from 6.30pm until 10.00pm. The Oktoberfest dinner buffet is $75 plus gratuities and will feature typical Bavarian specialties like Bavarian Beef... Read more of this article

Nordic American To Move Domicile To Bermuda

Nordic American To Move Domicile To Bermuda

Nordic American Offshore Ltd. announced it will move its corporate domicile from the Marshall Islands to Bermuda. “Effective September 27, 2016, the Company’s common shares will commence trading under new CUSIP number G65772108 [a company identification number],” the company said. The Nao Fighter, one of Nordic American Offshore’s... Read more of this article

3 Conyers Directors On Citywealth Leaders List

3 Conyers Directors On Citywealth Leaders List

Senior lawyers from Conyers Dill & Pearman have been recognised on the annual Citywealth Leaders List, which is compiled by leading figures in the wealth management and private client industry. The list has named Alec Anderson [pictured], Global Head of Private Client & Trust, Director Helen Cooper and Director Craig MacIntyre. “We take great... Read more of this article