Hashtag: #BermudaBusiness

Stephen Todd Appointed To BTA Board

Stephen Todd Appointed To BTA Board

Stephen Todd has been appointed to the Bermuda Tourism Authority Board of Directors. His tenure began in December 2017. Since 2014, Mr Todd has been the chief executive officer of the Bermuda Hotel Association and the Hotel Employers of Bermuda. He fills the hotel sector vacancy on the Board that was created when Paul Telford was elevated to Chairman... Read more of this article

Loren Hotel To Host Rothschild Dinner In May

Loren Hotel To Host Rothschild Dinner In May

The Loren Hotel at Pink Beach is gearing up to welcome Baron Julien de Beaumarchais de Rothschild, owner of Chateau Mouton Rothschild, and Managing Director Frédéric Mairesse who will host a special Barons de Rothschild dinner on Tuesday, May 1st. Guests will enjoy a five course menu created by The Loren’s Executive Chef Tim Sullivan and each course... Read more of this article

Minister Caines In London For Fintech Meetings

Minister Caines In London For Fintech Meetings

The Ministry of National Security advised today [Apr 16] that the Minister Wayne Caines is currently in the UK this week to share Bermuda’s Fintech Strategy with London’s key industry influencers. “The Minister’s discussions regarding Bermuda’s Fintech Strategy are considered timely as the Government recently tabled landmark legislation... Read more of this article

Regulation Of Virtual Currency Business Paper

Regulation Of Virtual Currency Business Paper

The Bermuda Monetary Authority [BMA] released a 150-page consultation paper on the ‘regulation of virtual currency business’ with the paper’s stated objective to provide outline for the e”ffective regulation of service providers within the virtual currency business industry” in Bermuda. The paper notes, “Much of... Read more of this article

Planning Sought For Helium Balloon Ride

Planning Sought For Helium Balloon Ride

[Updated + Written by Don Burgess] A proposal for a helium balloon ride for Dockyard has been submitted to planning. Consort Cruises hopes operate the tethered helium balloon in the area near Fun Golf and Snorkel Park. Geralyn Roberts, president, told Bernews, much work has to be done so “we’re in the process but it’s not going to be ready for... Read more of this article

Community Listing Website For North Hamilton

Community Listing Website For North Hamilton

For the past year, the HI Group of Companies LLC, in collaboration with The Becan Collection, has been dedicated to creating an online platform that will highlight and feature the many businesses that operate in the North Hamilton Area. HI Group Chairman, Charles O’Brien, said of the initiative, ‘A couple of years ago in a meeting with the City... Read more of this article

Shipping Schedule: Week Starting April 14

Shipping Schedule: Week Starting April 14

The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday April 14th.On Saturday the Seven Seas Mariner cruise ship is expected, on Sunday the Norwegian Dawn cruise ship will arrive, and Monday the Eco Dominator vehicles carrier, the Oleander container ship and the Marella Discovery... Read more of this article

Bermuda Stock Exchange Report: April 13 2018

Bermuda Stock Exchange Report: April 13 2018

April 13 saw 3,375 shares trade on the Bermuda Stock Exchange, valued at $67,998.75 BD. 2,000 shares were traded by One Communications Ltd, closing up 37.6% at $2.89 per share, while another 1,375 shares were traded by Bank of N.T. Butterfield Ltd, closing up 0.6% at $45.25 per share. The BSX finished at 2,549.00, up 0.87% on the day. There were... Read more of this article

ICO: Initial Coin Offering Legislation Tabled

ICO: Initial Coin Offering Legislation Tabled

Today [Apr 13] the Minister of National Security Wayne Caines, tabled the Companies and Limited Liability Company [Initial Coin Offering] Act, with the Minister saying “we consider this to be landmark legislation for Bermuda.” The Government said, “Under the proposed Bill, an Initial Coin Offering [ICO] will be treated as a restricted... Read more of this article

One Advises Of Service Interruption Next Week

One Advises Of Service Interruption Next Week

One Communications advises the public of interruptions to service from Monday, April 16 to Wednesday, April 18 between the hours of 12 midnight and 6.00am, affecting the western part of the island from Southampton [Pompano] to Dockyard. A spokesperson said, “From Monday April 16 to Wednesday April 18, One Communications will be performing an emergency... Read more of this article

Monday: All Talk In St. George’s Will Be Closed

Monday: All Talk In St. George’s Will Be Closed

BELCO said they “would like to inform customers that All Talk in St. George’s will be closed on Monday, April 16, and as such bill payments won’t be available there on that day.” A spokesperson said, “This will affect BELCO customers who wish to make payments at All Talk on that day only. “Customers will still be able... Read more of this article

Sea Cadets, Soltrino, Restless Native At Expo

Sea Cadets, Soltrino, Restless Native At Expo

Three Bermuda vendors set to take part in this Sunday’s St. George’s Marine Expo spoke with Bernews about why they signed up for the annual community event and what it means to them. Originally scheduled to take place on Sunday, April 8th at Ordnance Island, the event had to be postponed due to inclement weather. This Sunday’s event, kicks off... Read more of this article

A.M. Best Upgrades Ratings Of Nissan Global

A.M. Best Upgrades Ratings Of Nissan Global

A.M. Best has upgraded the Financial Strength Rating to A from A- and the Long-Term Issuer Credit Rating to “a” from “a-” of Bermuda-based Nissan Global Reinsurance. A statement from the ratings agency said, “The ratings reflect NGRe’s balance sheet strength, which A.M. Best categorizes as strongest, as well as its adequate operating performance,... Read more of this article