Author Archive: Bernews5

Doug DeCouto On Economy, Stagnation & More

Shadow Finance Minister Dr. Doug DeCouto highlighted concerns from the Chamber of Commerce’s March 2025 Economic Report, saying “the local economy in many ways is stuck and stagnant, a reflection of the failure of most of Government’s Economic Development Initiatives to make an impact. Shadow Finance Minister Dr Doug DeCouto said, “The... Read more of this article

Polaris Holding Declares $0.05 Dividend

Polaris Holding Company Ltd. announced a $0.05 per share dividend. In a filing with the Bermuda Stock Exchange, Polaris said, “Please accept this notification that a dividend in the amount of BD $0.05 per share has been declared and approved by the board of directors of the Company, payable on 31 March 2025, to the shareholders of record as at... Read more of this article

Bermuda Stock Exchange Report: March 12 2025

March 12 saw 16,822 shares trade on the Bermuda Stock Exchange, valued at $278,196.00 BD. 16,822 shares were traded by BF&M Ltd, closing down 5.9% at $16.00 per share. The BSX finished at 2,455.50, down 0.39% on the day. There were 0 advances, 1 decline, and 51 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article

MP Fahy & Govt On Shipping, Costs & More

MP Michael Fahy and the Government released statements related to a shipping proposal and the handling of the potential impact on Bermuda. MP Michael Fahy’s Comments Mr Fahy said, “Last week in an interview with ZBM, I stated that due to US tariffs imposed by President of the United States Donald Trump, that food costs, already far too... Read more of this article

Minister On Kidney Health, Awareness & More

“Today, on World Kidney Day, I want to take the opportunity to highlight the crucial importance of kidney health and the urgent need to tackle chronic kidney disease [CKD] in our community,” Minister Kim Wilson said. Minister Wilson said, “Our kidneys are vital organs that work tirelessly to filter waste, balance essential minerals,... Read more of this article

Official Govt & Legal Notices For March 12 2025

The official Government and Legal notices for today [March 12] include notification of planning applications registered, liquor licence and notice of winding up and appointment. List of Planning Applications Advertised on March 12, 2025 Notice type: Government Notice Notice sub type: Notification of Planning Applications Registered Notice ID: GN0291/2025 Public... Read more of this article

Video: Kane Crichlow Scores For Chelmsford

Footballer Kane Crichlow scored a late winner in Chelmsford City’s 2-1 win at home to St Albans in the Vanarama National League South yesterday [March 11]. Crichlow struck in the 96th minute with a smart finish after good work by Nico Valentine. The Bermuda forward has scored 11 goals in 27 league matches this season. Related Stories Jacob Madeiros... Read more of this article

Pitt-Clarke Shines For Reading University

Rugby player Najee Pitt-Clarke continued her impressive form as her Reading University Women’s team beat the University of Brighton Women’s First Team 24-5. Pitt-Clarke scored a try and successfully converted it, adding a seven points to Reading University’s tally. This latest performance adds to Pitt-Clarke’s growing reputation... Read more of this article

PLP On Opposition, Future, Solutions & More

“Bermudians deserve leadership that is focused on solutions and the future, not desperate attempts to score cheap political points,” the PLP said. A spokesperson said, “The Progressive Labour Party notes the latest political stunt by the Opposition Leader, who once again chooses partisan attacks over constructive dialogue on the issues... Read more of this article

Bermuda Stock Exchange Report: March 11 2025

March 11 saw 25,200 shares trade on the Bermuda Stock Exchange, valued at $206,880.00 BD. 11,000 shares were traded by BF&M Ltd, closing at an even $17.00 per share, while the other 14,200 shares were traded by Bermuda Aviation Services Ltd, closing down 6.7% at $1.40 per share. The BSX finished at 2,465.02, down 0.02% on the day. There were... Read more of this article

‘Revised Transition Plans’ For Some Students

The Ministry of Education announced “revised transition plans for Year 8 and M2 students for September 2025,” noting that “current M2 students will not physically move to the senior school site in 2025″ and “will remain at their respective middle school sites and complete a Y9 Senior programme.” A Government spokesperson... Read more of this article

Temporary Closure Of Robinson Bay Park

Robinson Bay Park in Devonshire will be temporarily closed for about a month to facilitate repair and installation work for the Tynes Bay Sea Water Reverse Osmosis Plant. A Government spokesperson said, “The Ministry of Public Works and Environment advises the public that Robinson Bay Park, located on Northshore Road, Devonshire, will be temporarily... Read more of this article