Author Archive: Bernews1
Digicel CEO Responds To Logic Complaint
Digicel CEO Wayne Caines has responded to reports that Logic has filed a complaint with Bermuda Regulatory Authority [RA] regarding their ‘Free Internet Promotion,” saying their “competitors are free to make a similar offer available.” Mr. Caines said, “I wish to respond to the recent news broadcast which reported that... Read more of this article
Sandys School Issued First Aquaculture License
[Updated with video] Sandys Secondary Middle School has been issued the island’s first Aquaculture or ‘aquafarming’ license, Minister of Health and Environment Trevor Moniz said today [Jan 29]. Minister Moniz said, “Aquaculture, also known as ‘aquafarming’, is the farming of aquatic organisms such as fish, crustaceans, molluscs and... Read more of this article
ACE CEO: ‘Excellent 4th Quarter & Record Year’
ACE Limited reported net income for the quarter ended December 31, 2013, of $2.90 per share, compared with $2.22 per share for the same quarter last year. Operating income was $2.39 per share, compared with $1.43 per share for the same quarter last year. Evan G. Greenberg, Chairman and Chief Executive Officer of ACE Limited, commented: “ACE had an... Read more of this article
Cadiz Dynamic & Russia Infrastructure Delist
Both Cadiz Dynamic Global Opportunities Fund and Russia Infrastructure Equities Ltd Fund have delisted from the Bermuda Stock Exchange [BSX]. The BSX announced the voluntary de-listing, of Cadiz Dynamic Global Opportunities Fund – Class A & Class B as approved at a Board of Directors meeting held on 15 February, 2013, and cessation of all... Read more of this article
School Library Dedicated To Former Teacher
The Department of Education and the Prospect Primary School yesterday celebrated the dedication of the school library in honour of a former teacher and reading specialist the late Mr. Michael Eugene Smith. School Principal, Dr. Shangri-La Durham-Thompson and Literacy Coordinator, Ms. Deanna Deshield both spoke of Mr. Smith’s passion for reading and... Read more of this article
Reminder: Post Office Box Fees Due On Jan 31
The Bermuda Post Office said they would like to remind the public that Post Office Box rental fee payments are due by January 31st 2014. Payments made from February 1st 2014 are subject to a late fee of $25 in addition to the post box rental fee. Payments can be made in person by cash, cheque [post-marked January 31st 2014 or prior] or by credit/ debit... Read more of this article
Dr Scott, Dr Saul Honoured By Bermuda College
Bermuda College welcomed two new honorary fellows — Dr. Victor Scott and Dr. David Saul — into the Company of Honorary Fellows [2013] of Bermuda College, with both being inducted this past weekend in ceremonies at Coco Reef Hotel. Dr. Scott is Senior Vice President for Health Sciences at Howard University [retired], and Professor Emeritus,... Read more of this article
“All Things Sassy” Pet Boutique Grand Opening
On Saturday [Jan 25] All Things Sassy pet boutique held its official opening ceremony. In attendance was Dr. Jennifer Fullerton from Endsmeet Animal Hospital; Gina Flood, the owner of All Things Sassy and little Miss Saskia Marie, for whom the store was named. All Things Sassy is located in the Bermudiana Arcade in Hamilton, and features hand made... Read more of this article
Minister Announces Gaming Town Hall Meetings
Minister of Tourism Development & Transport Shawn Crockwell today gave details of town hall meetings that will be held to discuss Integrated Casino Resort gaming in Bermuda. To start the public awareness programme, Minister Crockwell will be a guest on ZBM’s Let’s Talk show on Monday, February 3rd at 8 p.m. Town Hall meetings will be held as... Read more of this article
10 People Made Redundant At Hamilton Princess
[Updated with video of BIU comments] Ten people have been made redundant at the Fairmont Hamilton Princess, with the hotel citing changes in “business needs” as they are restructuring their operations. Len Czarnecki, General Manager, The Fairmont Hamilton Princess said, “Due to changes in our business needs, we are restructuring our operations. “As... Read more of this article
New Company Registrations A “Positive Sign”
A substantial rise in the number of new insurance company registrations in 2013 is a positive sign for Bermuda’s economy, and demonstrates Bermuda’s ability to respond to the market and serve clients’ needs through innovation and access to capital, the Bermuda Business Development Agency [BDA] said today. Recent figures released by the Bermuda... Read more of this article
Woman Crashes Into Wall, Arrested For DUI
A 56 year old woman was arrested on suspicion of impaired driving after crashing her car into a wall in Pembroke yesterday. A police spokesperson said, “Around 6:50pm on Monday, January 27th police officers attended a reported single vehicle damage only collision on North Shore Road in Pembroke near the junction with Berkeley Road. “It appears... Read more of this article
