Author Archive: Bernews1

FINIS Sponsors Swimmer Roy Allan Burch

Bermudian Olympic swimmer Roy-Allan Burch has picked up a sponsorship from FINIS, the company has announced. Burch, a two-time Olympian, currently lives and trains in North Carolina and was a member of both the 2008 and 2012 Olympic Teams. FINIS said, “Burch currently holds eight National records for his country including the 50m Freestyle, 100m... Read more of this article

FEI World Jumping Challenge To Take Place

Many of Bermuda’s top Equestrians will be competing this weekend at the National Equestrian Centre in Devonshire in the FEI World Jumping Challenge which this year also incorporates the qualifying for the equestrian competition in the Youth Olympic Games to be held next year in China. There will be two levels of competition at a height of 1m20... Read more of this article

XL To Offer Shariah Compliant Insurance Cover

XL Group, which maintains a Bermuda platform, will offer Shariah compliant insurance cover to large corporate and middle market clients. Initially it will focus on Property cover, with a maximum capacity of up to USD 300 million. With this offer it is targeting markets world-wide, with the exception of the U.S. and Canada. Having established a binder... Read more of this article

Two New Ring-Tailed Lemurs At Aquarium

There are two new residents at the Bermuda Aquarium, Museum, & Zoo, with two Ring-Tailed Lemurs making their way to Bermuda from North Carolina. Hannah and Alice are settling into their new island home. They will be live permanently in the Madagascar exhibit and BAMZ said they “will be out and about shortly.” The lemurs are part of the... Read more of this article

Photos/Video: MWI Pre-Heritage Day Parade

The 20th Annual Pre-Heritage Day Parade took place yesterday evening [May 9], starting from the Mid-Atlantic Wellness Institute [MWI] in Devonshire. Majorettes, dance groups, gombeys, service users from MWI’s Learning Disability and Vocational Rehabilitation Programmes, along with clients from Child and Adolescent Services, community homes, Orange... Read more of this article

ChipMOS Reports April 2013 Revenue

ChipMOS Technologies Ltd. today [May 10] reported its unaudited consolidated revenue for the month of April 2013. Revenue for the month of April 2013 was NT$1,574.1 million or US$53.3 million, a decrease of 2.4% from the month of March 2013 and a decrease of 0.5% from the same period in 2012. All U.S. figures in this release are based on the exchange... Read more of this article

Digicel Bermuda Sponsors Team Madison

Digicel Bermuda today announces its partnership and sponsorship agreement with Team Madison Digicel for the 2013/14 cycling season, which officially got underway March 31st 2013. In August 2012, Digicel sponsored Madison team member and the season’s top cyclist, Dominique Mayho, enabling the then eighteen year old Bermudian to travel to France for... Read more of this article

BELCO’s Income Falls, Customers Decrease

BELCO’s net income fell $1.4 million to $13.2 million for 2012, with the company saying for the first time in its 107-year history, they saw their customer base decrease “due to the departure of non-Bermudians, Bermudians relocating to other countries, and commercial customers closing, reducing activities or moving operations…” The... Read more of this article

Ascendant Group Reports 2012 Earnings

Ascendant Group Limited reported today [May 9] that its consolidated earnings for 2012 increased $410,094, or 3.7%, to $11.5 million from $11.1 million in 2011. Ascendant Group is the parent company of BELCO, Bermuda Gas & Utility Company Limited and AG Holdings Limited. AG Holdings was established in October 2012 to manage all of Ascendant Group’s... Read more of this article

“If You Know Something, Say Something”

[Updated with video] “Starting this weekend, local media will feature a graphic campaign designed to challenge those in the community who have information about firearms to come forward. If you know something, say something,” said Public Safety Minister Michael Dunkley. “This campaign recognizes the reality of the gang lifestyle and... Read more of this article

Boat & Mooring Owners Registration Reminder

The Department of Marine and Ports, Boats and Moorings section, today issued a reminder to boat and mooring owners that the deadline for registration renewals is 4.30 p.m. Friday May 31st, 2013. A statement from the Department said, “New 2013 decals must be in place by June 1st on all moorings and boats. Mooring licences that are unpaid as of... Read more of this article

Man Denies Prostitution Procurement Charge

A 40-year-old man appeared in Magistrates Court this morning [May 9] where he denied a charge of attempting to procure a woman to become a common prostitute. MacDonald DeSilva pleaded not guilty to both charges. The first charge was that by means of a cellphone, he sent messages that were grossly offensive. The second was that in early 2013, he attempted... Read more of this article