Category: Business
‘Further Strengthening Of Workplace Protection’
The Labour Advisory Council will be asked to review a number of possible policies including a requirement to notify the Ministry of Labour when an employer intends to terminate more than 20 people, workplace inspections, wage theft protections and more. This is according to a statement from Minister of Labour Jason Hayward in the House of Assembly,... Read more of this article
Shipping Schedule: Week Starting November 27
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday November 27th.On Monday the Oleander container ship is expected, on Tuesday the MV Suhar cement carrier and the Martorell vehicles carrier will arrive, on Wednesday the Marsgracht general cargo ship is scheduled to arrive... Read more of this article
Nayms Briefing On Digital Asset Risk Insurance
Members of Bermuda’s digital asset, insurance and reinsurance sectors “have gained an insight into a new blockchain based market solution for insuring digital asset risk” at a Nayms breakfast briefing hosted in conjunction with Carey Olsen Bermuda Limited. A spokesperson said, “The Bermuda regulated startup Nayms is leading the... Read more of this article
Bermuda Stock Exchange Report: Nov 26 2021
November 26 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,711.10, even on the day. There were 0 advances, 0 declines, and 62 remained unchanged. The full report for the day is available here [PDF], and the full report for the week is available here [PDF]. Related StoriesBermuda Stock Exchange Report:... Read more of this article
Gross Domestic Product Decreased 6.9% In 2020
Gross Domestic Product [GDP] decreased 6.9% in 2020 “largely to the effects of Covid-19 related restrictions,” according to the just released 2020 GDP report from the Department of Statistics. Minister for the Cabinet Office Wayne Furbert said, “As the public will appreciate, last year our economy was significantly challenged due to the... Read more of this article
BEST Shipping On Dates For Holiday Deliveries
As the end of the year quickly approaches, BEST Shipping said they want to notify the public of its Ocean Freight and BEST Direct Air Service cut-off dates for holiday deliveries. “Ocean Freight deliveries must arrive at our New Jersey warehouse by December 6th and BEST Direct Air Service must arrive at our New Jersey warehouse by December 15th,”... Read more of this article
Bermuda Stock Exchange Report: Nov 25 2021
November 25 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,711.10, even on the day. There were 0 advances, 0 declines, and 62 remained unchanged. The full report for the day is available here [PDF]. Related StoriesBermuda Stock Exchange Report: Nov 26 2021 Bermuda Stock Exchange Report: Nov 24 2021 Bermuda... Read more of this article
Phoenix Group Offer Range Of Black Friday Deals
The Phoenix Stores will be offering Black Friday deals at their various locations including the Phoenix, their other pharmacy locations, the Annex Toys, P-Tech, Brown & Co and more tomorrow [Nov 26]. The deals include savings on candy, gift sets, Christmas trees, kitchenware, electronics, and more. Related StoriesAIRCARE... Read more of this article
Holiday Shop N’ Stroll Events In St. George’s
Retail, dining and cultural establishments in the Town of St. George will be open for the next four Sundays for their Holiday Shop n’ Stroll event, and they are encouraging the community to head down to enjoy shopping, music, and other activities.Kristin White, owner of Long Story Short gift shop and tour centre, said, “The businesses in St. George’s... Read more of this article
Scott Simmons Promoted To Evening Manager
Coral Beach & Tennis Club announced the promotion of Scott Simmons to the position of Evening Manager. A spokesperson said, “Mr. Simmons initially started working for the Coral Beach & Tennis Club as a contractor and then joined the Maintenance Department as a full-time team member in August 2015. He was recognized as the Colleague of the... Read more of this article
Monument Re Signs Agreement To Sell Robein
Monument Re announced today [Nov 25] that, subject to regulatory approval, it has entered into an agreement to sell Robein Leven N.V. and its subsidiary Robein Effectendienstverlening to Chesnara plc through its existing Netherlands-based platform, the Waard Group. A spokesperson said, “Robein Leven is a closed life insurer domiciled in the Netherlands... Read more of this article
Reports: General Mills To Raise Food Prices
U.S. company General Mills has reportedly notified their U.S. retail customers that they will be raising prices in mid-January on hundreds of items across dozens of brands including Progresso, Yoplait, Fruit Roll-Ups, Betty Crocker, Pillsbury, Cheerios and more. While this report pertains to the American market, it is a relatively safe assumption that... Read more of this article
Bermuda Stock Exchange Report: Nov 24 2021
November 24 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,711.10, even on the day. There were 0 advances, 0 declines, and 62 remained unchanged. The full report for the day is available here [PDF]. Related StoriesBermuda Stock Exchange Report: Nov 26 2021 Bermuda Stock Exchange Report: Nov 25 2021 Bermuda... Read more of this article
