Archive for February, 2013

Fuel Prices Increased Effective February 15th

Yesterday [Feb 27] the Ministry of Finance announced [PDF] that with effect from 15th February 2013, the maximum prices of petroleum products change as follows:- Gasoline > +5.3 cents/litre Diesel > +6.6 cents/litre Kerosene > +7.6 cents/litre As a consequence the maximum retail prices displayed on the pumps for petroleum products are as... Read more of this article

Brian Duperreault To Head SAGE Commission

[Updated w/PLP comment] Insurance executive Brian Duperreault will head the new Spending and Government Efficiency [SAGE] Commission, Finance Minister Bob Richards announced this morning [Feb 28]. The other members of the Commission will be Kim White, Kenneth Dill, Peter Hardy, Kathy Duffey and Don MacKenzie. Minister Richards said the Commission’s... Read more of this article

Tokio Re Sponsors Children’s Cricket Program

The Bermuda Cricket Board announced that Tokio Millennium Re Ltd. is sponsoring the free Pee Wee ‘Have-a-go’ cricket program for children ages 5 7. The program takes place at Berkeley Institute Gym every Saturday in March, starting on March 2 and finishing on March 30, 2013. The sessions will run as follows: 5 Year Olds – 2.00 –... Read more of this article

BIOS Lecture: Shedding Light On Coral Reefs

The Bermuda Institute of Ocean Sciences [BIOS] will be hosting a lecture by Dr. Eric Hochberg at the BIOS Campus in Ferry Reach at 6.30pm on Thursday March 14th. The lecture is titled ‘Shedding Light on Coral Reefs’, and the descripton from BIOS says, “Coral reefs are very important coastal ecosystems throughout the world’s tropical... Read more of this article

BIU Encourages Members To Join Demonstration

[Updated] The Bermuda Industrial Union said they are “in no way involved” with the planned march on Parliament tomorrow [Mar 1], however they are encouraging their members to participate in the demonstration. The group behind the march is calling for 4 things: Term Limits to be reinstated, a three month extension of of the Work Permit Policy... Read more of this article

Environment & Planning Allocated $27.44 Million

The Ministry of Environment and Planning — which compromises eight Departments with 321 employees — has been allocated $27.44 million for the upcoming fiscal year, Minister of Environment and Planning Sylvan Richards said. The Department of Parks will get $10.53 million, Conservation Services $4.85 million, Environmental Protection... Read more of this article

Digicel Donates $25,000 To Beyond Rugby

Digicel Bermuda has donated $25,000 to the Beyond Rugby Bermuda initiative, to help establish the Digicel Bermuda Middle School Rugby League. Beyond Rugby Bermuda is the Bermuda chapter of Beyond Sport, a global organization helping to develop projects that create positive social change through sport. Locally, Beyond Rugby Bermuda is a partnership between... Read more of this article

Weather Forecast For Thursday February 28

Thursday February 28th is expected to be mostly cloudy, occasional showers into the afternoon, with the hi to be near 20°C/68°F, and the low to be 17°C/62°F. The Bermuda Weather Service’s forecast for Thursday says: “Winds southwesterly moderate gusts to strong, in showers, increasing moderate to strong with higher gusts by late afternoon,... Read more of this article

$195.24 Million For Health & Seniors Ministry

[Updated with video] The proposed 2013/14 Budget for the Ministry of Health & Seniors is $195.244 million, an increase of $4.266 million [or 2.23%] on the base budget from the previous year, Minister of Health and Seniors Patricia Gordon-Pamplin said today. Over 72% is the funds allocated to the Bermuda Hospitals Board. “The Ministry will... Read more of this article

BPSU Response To The 2013/14 Budget

The Bermuda Public Services Union responded to the 2013/14 Budget saying that while the Government may want us to believe that this Budget will take us in a new direction, it “takes us further into the hole we are trying to get ourselves out of.” Highlights of the recently released Budget include raising the debt ceiling from $1.45 billion... Read more of this article

Markel & Alterra Shareholders Approve Merger

Markel Corporation and Alterra Capital Holdings Limited confirmed that their respective shareholders have voted in favor of all proposals necessary for the acquisition of Alterra by Markel. Completion of the transaction remains subject to receipt of regulatory approvals and other customary closing conditions and is expected to occur in the second quarter... Read more of this article

Volleyball Tournament To Take Place In April

The Bermuda Open is an annual men’s and women’s international club team volleyball tournament hosted in Bermuda each spring. The tournament is open to US and Canada based youth and senior club teams, and is sponsored by the Bermuda Department of Tourism. This year it will be held from April 4-6th. The Bermuda Open runs for three days, with round... Read more of this article