Archive for March, 2012

Landscapers Work Permit Moratorium Lifted

Today [Mar.29] the Minister of Economy, Trade and Industry Patrice Minors announced the moratorium on work permits for landscape gardeners will be lifted. Minister Minors pointed out that “it has always been and continues to be a top priority to ensure that Bermudians who are currently unemployed are properly placed in jobs where there is a need”. She... Read more of this article

New Tourism Board Members Appointed

[Updated] This morning [Mar.29] the Minister of Business Development and Tourism Wayne Furbert unveiled the members of the new Bermuda Tourism Board, saying with the “experience that is on the Board, and the desire to see a change in the growth of the Tourism Industry in Bermuda, we are about to see the dawning of a new age.” Minister Furbert... Read more of this article

25% Duty Rate Takes Effect On April 1st

Effective 1st April 2012, there will be a new standard 25% import duty rate for nonbusiness goods. “Special” rates of duty, including zero-rates [0%]; higher rates [33.5%, 75%, 150%]; and specific rates [e.g. litres or litres of alcohol], will remain unchanged. The standard 25% duty rate and the special rates will be paid for goods imported by personal... Read more of this article

Motorcyclist Injured After Striking Sidewalk

Emergency service personnel responded to a report of an accident in the Blackwatch Pass area around 5.20pm yesterday [Mar.28], with a 22-year-old man suffering injuries after colliding with a sidewalk. A police spokesperson said, “Around 5:20pm on Wednesday, March 28th police and first responders attended a reported single vehicle collision on... Read more of this article

Brothers Charged: Assault Using Golf Club

Brothers Makonnen Lowe [26] and Quan Lowe [24] were remanded into custody this morning [Mar.29] after facing the indictable charge of causing grievous bodily harm to their mother’s ex-boyfriend. The brothers faced a second indictable charge of possessing an offensive weapon and using that weapon – a golf club – to unlawfully cause harm... Read more of this article

Bermuda Broker: Bahamas Could Draw Captives

The Bahamas could attract between $5-$10 billion in premium income within five years if it made a concerted effort to re-establish itself as a captive insurance domicile, a Bermudian broker told that country’s “Tribune” newspaper on Monday [Mar. 26]. Guilden Gilbert Jr., who now lives and works in the Bahamas, said this would create... Read more of this article

New iPad Available In Bermuda

The new iPad is available in Bermuda, with Computer City making the latest model of Apple’s tablet available today [Mar.29] starting from $882. In order to get the product on its shelves quickly, Computer City purchased the models overseas at retail cost and imported them to Bermuda themselves. The Company said once they are able to import the... Read more of this article

Here Comes Bermuda Producer’s Peter Cottontail

Easter is almost upon us — which means Bermudian producer Arthur Rankin Jr.’s classic animated creation Peter Cottontail is busy hopping down the bunny trail to a television near you, “Here Comes Peter Cottontail” is a 1971 Easter television special made by American-born Mr. Rankin and partner Jules Bass, based on a 1957 novel... Read more of this article

AWAC Announces Executive Appointments

Allied World Assurance Company Holdings, AG announced the “centralization” of its global reinsurance operations, with the following appointments made in order to execute the strategy: Kevin Marine has been appointed Executive Vice President, International & Global Specialty. In this role, Mr. Marine will continue to manage the Marine,... Read more of this article

9th Annual Bermuda Youth Conference

The 9th Annual Bermuda Youth Conference was a tremendous success according to organisers, who said the Bermuda students worked extremely well with visiting students from the University of Harford’s Barney School of Business Hartford over the two days. All of the students delivered presentations and business plans on the second day of the conference,... Read more of this article

Kite Flying Forbidden In Airport Vicinity

The Department of Airport Operations issued a public statement to “remind members of the public that kite flying is forbidden around the L.F. Wade International Airport and Clearwater Beach areas over the Good Friday and Easter holiday weekend. “Flying kites in the vicinity of these areas can pose a safety hazard for aircraft landing and... Read more of this article

Healthcare Reform Subject Of XL Forum

Healthcare reform, one of the hottest topics in Bermuda and definitely this week in the US where the Supreme Court is hearing oral arguments in a case challenging the constitutionality of the Obama administration’s landmark Patient Protection and Affordable Care Act, dominated the agenda at a forum held recently by XL Insurance (Bermuda) Ltd. During... Read more of this article