Hashtag: #BermudaBusiness

Bermuda Stock Exchange Report: May 20 2020

Bermuda Stock Exchange Report: May 20 2020

May 20 saw 300 shares trade on the Bermuda Stock Exchange, valued at $7,950.00 BD. 300 shares were traded by Watlington Waterworks Ltd, closing down 5.4% at $26.50 per share. The BSX finished at 1,594.04, down 0.09% on the day. There were 0 advances, 1 decline, and 59 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article

Daren Bascome Receives Leadership Award

Daren Bascome Receives Leadership Award

Bermudian Daren Bascome — CEO of Proverb, a multidisciplinary branding agency in Boston — has received the Greater Boston Chamber of Commerce Award for Leadership. A spokesperson said, “The Greater Boston Chamber of Commerce will recognize six small businesses for their contributions to the region, their customers, employees, and communities. “Each... Read more of this article

Boat Membership Programme To Launch

Boat Membership Programme To Launch

A new boat membership programme, Island Boat Club, is coming soon. Bermudian founder Jack Bridges, 29, announced the new concept earlier this month, which will allow for members to access boats for a monthly membership fee. “The club takes the hassle out of owning a boat, giving members unlimited access to high quality vessels designed for Bermuda’s... Read more of this article

Column: The New Normal & The Newer Normal

Column: The New Normal & The Newer Normal

[Opinion column written by Ross Webber] 1] You must survive now to be opportunistic and strategic later. 2] Know Your Customer. If you aren’t practising CRM – you’d best get cracking. 3] Communicate – and be human when you do it. We are already in the New Normal. And that New Normal will be an even Newer Normal in three weeks’, six weeks’... Read more of this article

Collaborate Effectively To Help The Community

Collaborate Effectively To Help The Community

“While this crisis has highlighted the fragility of funding for the nonprofit sector, it has also crystalized the value of groups being able to come together and collaborate effectively,” the Bank Of Bermuda Foundation said. A spokesperson said, “In response to the destabilizing impacts of Covid-19, Bank of Bermuda Foundation recognized... Read more of this article

DropIt Offers Same Day Grocery Delivery Again

DropIt Offers Same Day Grocery Delivery Again

DropIt Delivery is once again offering same-day grocery delivery from Lindo’s to its clients. The grocery delivery service had experienced a large surge in use during the Shelter in Place period as residents took the opportunity to order groceries online and have them delivered. An email sent out by the company said, “Availability is back! We... Read more of this article

RenaissanceRe Declare $0.35 Quarterly Dividend

RenaissanceRe Declare $0.35 Quarterly Dividend

The Board of Directors of Bermuda-based RenaissanceRe Holdings Ltd. announced a quarterly dividend of $0.35 per common share on its common shares. The dividend is payable on June 30, 2020, to shareholders of record on June 15, 2020. Related StoriesBermuda Stock Exchange Report: May 9 2019 AXA XL To Take Part In ‘Global Day Of Giving’ BSX... Read more of this article

Walkers Acts On Three Major NCL Transactions

Walkers Acts On Three Major NCL Transactions

Walkers Limited acted as offshore counsel to Norwegian Cruise Line Holdings Ltd on three separate financing transactions, equating to $2 billion, which were completed during May. A spokesperson said, “Walkers is pleased to announce that it has acted as offshore counsel to Norwegian Cruise Line Holdings Ltd [Norwegian] on three separate significant... Read more of this article

Huckleberry Makes Donation To Initiatives

Huckleberry Makes Donation To Initiatives

Huckleberry Restaurant has made a donation of more than $30,000 in meals in support of their community feeding initiatives amid the ongoing Covid-19 pandemic. Restaurant GM Rob Bruni said, “Our owners made an early decision to support community feeding initiatives by responding to the call for support for the Matilda Smith nursing home. “That... Read more of this article

Bermuda Stock Exchange Report: May 19 2020

Bermuda Stock Exchange Report: May 19 2020

May 19 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 1,595.52, even on the day. There were 0 advances, 0 declines, and 60 remained unchanged. The full report for the day is available here [PDF]. Related StoriesBermuda Stock Exchange Report: May 22 2020 Bermuda Stock Exchange Report: May 21 2020 Bermuda Stock Exchange... Read more of this article

BFRS: ‘Submit All Information Via Email’

BFRS: ‘Submit All Information Via Email’

The Bermuda Fire & Rescue Service [BFRS] is requesting that businesses submit all information regarding occupancy levels via email to fireprotection@gov.bm. A BFRS spokesperson said, “In anticipation of moving to Phase II of Government’s reopening [certain retail establishments], it is our intent to serve our community as efficiently and... Read more of this article

TLC Group To Host Webinars This Week

TLC Group To Host Webinars This Week

The TLC Group will be hosting two webinars on managing finances during the Covid-19 pandemic tomorrow [May 20] and Thursday [May 21]. A spokesperson said, “Are you an organization who has had to close during Covid-19 and want to learn how to engage your customers while you are still closed? Do you want to find creative ways to encourage your customers... Read more of this article

BDA & RIMS To Host Webinar Series

BDA & RIMS To Host Webinar Series

The Bermuda Business Development Agency [BDA] & RIMS are getting set to host a webinar series next month. A spokesperson said, “The Bermuda Business Development Agency [BDA] and RIMS, the risk management society, will host a weekly series of five educational webinars. “Starting June 3 at 1.00pm EDT, the series will provide risk professionals... Read more of this article