Author Archive: Bernews1

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Business Bermuda: Best Offshore Award

Business Bermuda: Best Offshore Award

Business Bermuda, an organisation working with Bermuda-resident companies and government to develop and promote Bermuda internationally as the jurisdiction of choice, has been awarded the New Economy Award for Best Offshore FDI Facilities, Americas, 2012. When accepting the award, Cheryl Packwood, Chief Executive of Business Bermuda, explained the important... Read more of this article

BEDC To Host Business Networking Event

BEDC To Host Business Networking Event

The Bermuda Economic Development Corporation [BEDC] will be holding its 3rd Annual Business Networking Event for small and medium-sized businesses. The event will be held at The Fairmont Hamilton Princess Hotel on October 16th 2012 from 4pm – 8.30pm. This annual networking event is aimed at connecting small and medium-sized businesses and entrepreneurs... Read more of this article

Allied World & MatlinPatterson Partnership

Allied World & MatlinPatterson Partnership

Bermuda-based Allied World Assurance Company Holdings, AG plans to expand its asset management business through the creation of a strategic partnership between MatlinPatterson and Allied World Financial Services Company, Inc., an Allied World subsidiary. Under the terms of the transaction, Allied World will become a minority owner of MatlinPatterson... Read more of this article

Videos: Police Gymkhana Cycle Races

Videos: Police Gymkhana Cycle Races

The 2012 Police Week got underway this weekend [Oct 6] with the Police Gymkhana at the Police Field in Prospect. You can view a photo gallery of the event here. The 2012 Police Week will also include a Commissioner for a Day & Beat the Retreat today [Oct 10], Sports Day at Police Field on Thursday, and a Memorial Ceremony & BBQ on Friday. Video... Read more of this article

47-Yr-Old Motorcycle Rider In ICU After Collision

47-Yr-Old Motorcycle Rider In ICU After Collision

Emergency services responded to North Shore Road near Barkers Hill this afternoon [Oct 9] to a report of a serious bike accident. As of 1.15pm they remain on scene, and traffic flow is being impeded as officials continue their investigation. Bermuda Fire Service personnel tended to an injured rider at the scene until an ambulance transported the injured... Read more of this article

HSBC’s Home Improvement Financing Event

HSBC’s Home Improvement Financing Event

HSBC Bermuda’s Business Banking clients have joined forces to share their home improvement ideas to all interested members of the public during an evening event scheduled for Thursday, 11 October from 6-8 p.m, at HSBC Harbourview Centre, 6th floor. The theme of the event is “Gaining financing for home renovations” with the local business... Read more of this article

Videos: Wuz Up Block Party & BBQ

Videos: Wuz Up Block Party & BBQ

Adopt-A-Family Bermuda hosted the ‘Wuz Up Block Party & BBQ Competition’ on Saturday [Oct 6] at the First Church of God Complex on North Shore Road, Pembroke. Director of Missions, Mr Jeremy Johnson was pleased with the turn out and was looking forward to a rest after the event. Those attending were invited to a presentation on initiatives the... Read more of this article

Videos: Powerboat Race On-Board Camera

Videos: Powerboat Race On-Board Camera

Spanish Point Boat Club saw scores of spectators turn out on Sunday [Oct 7] to watch the last races of the Bermuda Powerboat Association 2012 Season. A total of thirteen boats were out for the racing which saw action take place in the Great Sound off the Boat Club grounds. Vendors were on hand providing ice cream, food and refreshments. View all our... Read more of this article

KPMG & BEDC Host Information Forum

KPMG & BEDC Host Information Forum

On Monday, October 1, 2012, KPMG and the Bermuda Economic Development Corporation [BEDC] hosted an informative and interactive Forum to introduce the BEDC’s new medium-sized business initiatives, and also discuss topics relevant to these companies. The Forum attended by a group of over 40 business owners and executives. Minister of Economy, Trade... Read more of this article

Forum: Electronic Communications Reform

Forum: Electronic Communications Reform

Tomorrow, the Minister of Environment, Planning and Infrastructure Strategy Marc Bean will initiate a process designed to move the electronic communications industry closer to full alignment with 21st century best practices and strengthen Bermuda’s reputation as a customer friendly international business jurisdiction. Minister Bean will launch a pre-consultation... Read more of this article

Golf: Ryan Roberts Wins In South Carolina

Golf: Ryan Roberts Wins In South Carolina

Ryan Roberts won the Hilton Head/Savannah Golfweek Amateur Tour Championship held in Hilton Head, South Carolina. The Tour report said: “The Championship flight saw Ryan Roberts best Greg Luther by one stroke. Ryan shot a smooth 77 to take the win from Greg who shot a 78 on the day. Both players battled back and forth all round long trying to... Read more of this article

Economy Minister Marks World Post Day

Economy Minister Marks World Post Day

Today is World Post Day, and the Minister of Economy, Trade and Industry Patrice Minors commemorated the day by reading a proclamation [PDF] honouring the service of the employees of the Bermuda Post Service. The event also featured selections sung by the Bermuda Post Office Choir. World Post Day is celebrated each year on 9 October, the anniversary... Read more of this article