Hashtag: #Covid19Finances

Govt Website To Report Alleged Price Gouging

Govt Website To Report Alleged Price Gouging

The Ministry of Home Affairs, in conjunction with the Cost of Living Commission, have developed an online tool that “will allow residents to submit information regarding allegations of price gouging in Bermuda.” Speaking at last night’s press briefing, Deputy Premier Walter Roban said, “As we adapt to the effects of Covid-19 in Bermuda,... Read more of this article

$400,000 In Donations, Premier Says Thanks

$400,000 In Donations, Premier Says Thanks

“Donations and pledges have topped $400,000 from over 50 companies and individuals,” Premier David Burt said as he thanked everyone who has donated to assist the vulnerable in our community. Speaking during last night’s press briefing, Premier Burt said, “I wish to pay tribute to the generosity of all of the corporations and individuals... Read more of this article

Phone Numbers For Unemployment Benefit

Phone Numbers For Unemployment Benefit

Minister Lovitta Foggo provided multiple phone numbers to assist those applying for the Government’s Unemployment Benefit, some of which can be contacted via the WhatsApp messaging service. A government spokesperson said, “The Minister of Labour, Community Affairs and Sports the Hon. Lovitta Foggo provided a series of phone numbers to assist... Read more of this article

Video: Minister Unemployment Benefit Update

Video: Minister Unemployment Benefit Update

1,142 applicants were processed for payment yesterday and those funds should be in their accounts today and the Ministry anticipate processing more than another 400 today, the Minister of Labour, Community Affairs and Sports Lovitta Foggo said as she provided an update regarding the unemployment benefit. Minister Foggo said, “Good Day: I am pleased... Read more of this article

‘97% Of Country’s Hotel Inventory Is Closed’

‘97% Of Country’s Hotel Inventory Is Closed’

“Based on what we’ve measured so far, 97% of the country’s hotel inventory is closed,” BTA Interim CEO Glenn Jones said, adding that “the impact on jobs goes far beyond the hotel sector. Our partners in restaurants and retail are similarly burdened during this crisis. Tour operators, experience providers and transport businesses... Read more of this article

Column: Employment Rights During A Pandemic

Column: Employment Rights During A Pandemic

[Column written by attorney Peter Sanderson + Updated] Many people are asking questions about their employment rights during the pandemic. This article is an attempt to help ordinary people, who might not be in a position to pay for legal advice, understand what rights they might have. Employers have to tread carefully, as they have a duty to pay employees... Read more of this article

92% Of Hotel Inventory Closed, 1900 Not Working

92% Of Hotel Inventory Closed, 1900 Not Working

Due to the global Covid-19 pandemic, 92% of the hotel inventory across the island is closed which means that 1,900 people in the tourism industry workforce who would have been working in those hotels are now not working, Interim BTA CEO Glenn Jones said. Mr Jones — who was announced at the Interim CEO earlier this month one day before Covid-19... Read more of this article

OBA: Would Support Bi-Partisan Commission

OBA: Would Support Bi-Partisan Commission

“I would support the creation of a bi-partisan Commission to create a strategy for the economic recovery of Bermuda once the Covid-19 crisis is over,” Shadow Finance Minister Pat Gordon-Pamplin said. Ms Gordon-Pamplin said, “While it is right and proper that Government concentrates on ensuring the health and safety of Bermuda and its citizens,... Read more of this article

Unemployment Benefit Application Now Available

Unemployment Benefit Application Now Available

The Covid-19 Unemployment Benefit application is now live on the Government website, and eligible employees are welcome to apply. Minister of Labour, Community Affairs and Sports Lovitta Foggo said, “We are pleased to advise that applications for the Government’s Unemployment Benefit are now available and can be found here. “If you... Read more of this article

Minister Provides Unemployment Benefit Details

Minister Provides Unemployment Benefit Details

[Updated with video] The Unemployment Benefit will be for eligible employees not currently on Financial Assistance and provide a payment of 60% of their gross earnings up to a maximum of $500 per week, and employees eligible must meet the definition of an employee under the Employment Act 2000 and be either Bermudian, spouse of a Bermudian, PRC, or... Read more of this article

Unemployment Benefit Up To $500 Per Week

Unemployment Benefit Up To $500 Per Week

The Government will be providing an unemployment benefit for eligible employees not currently on financial assistance which will provide a payment of 60% of gross earnings up to a maximum of $500 per week, Premier David Burt said. Speaking at the press briefing earlier this evening, the Premier said: “I can also advise the Cabinet met today and... Read more of this article

ILO: Almost 25M Jobs Could Be Lost Globally

ILO: Almost 25M Jobs Could Be Lost Globally

The Covid-19 pandemic could “increase global unemployment by almost 25 million” according to the initial assessment by the International Labour Organization [ILO]. The report on the International Labour Organization website said, “The economic and labour crisis created by the Covid-19 pandemic could increase global unemployment by... Read more of this article

Covid-19: BEDC Support For Business Owners

Covid-19: BEDC Support For Business Owners

In an effort to support local business owners during the Covid-19 pandemic, BEDC said they “have reallocated funds from its budget and modified its existing products and services.” BEDC’s statement: BEDC with the support of its Board of Directors have reallocated funds from its budget and modified its existing products and services... Read more of this article