Category: Business
RFP For Online Ticket Sales For Ferry Rides
The Bermuda Tourism Authority, in partnership with the Ministry of Transport and Regulatory Affairs, seeks a “vendor to deliver online ticket selling for public ferry rides,” and a Request for Proposal was published today to “attract local and international bidders.” The Bermuda Tourism Authority cites increased convenience for... Read more of this article
‘Government Moving Swiftly, But Very Carefully’
“The Opposition’s Budget reply regarding blockchain and cryptocurrency lacked vision,” Minister of National Security Wayne Caines said, adding that it “has the potential of transforming our economy by creating entirely new industries” and the Government is “moving swiftly, but very carefully in this space.” Opposition’s... Read more of this article
Startup Challenge To Help Local Entrepreneurs
The Bermuda Startup Challenge, led by Chairman Adrian Lodge and Co-chair John Narraway will put a new spin on the annual Startup Weekend event that has been held in Bermuda for the last four years. With support from the Bermuda Economic Development Corporation and the Department of ICT Policy & Innovation, the Bermuda Startup Challenge 2018 will... Read more of this article
Photos & Video: BEAST Gym Grand Opening
Bermuda Elite Athletic Strength Training [B.E.A.S.T.] hosted their Grand Opening today [Feb 24] at their new location on Dundonald Street, with Premier David Burt cutting the ribbon to mark the event and taking a tour of the facility. The 5-minute live video replay is below: A spokesperson previously said, “Our state of the art facility is over 12,000... Read more of this article
Somers Limited Announces Financial Results
In a filing with the Bermuda Stock Exchange [BSX], Somers Limited a financial services investment holding company, announce its results for the quarter ended December 31, 2017. The full filing stated: Somers Limited, a financial services investment holding company, is pleased to announce its results for the quarter ended December 31, 2017. Overview... Read more of this article
Shipping Schedule: Week Starting February 24
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday February 24th. On Monday the Oleander container ship and the Christian Radich full-rigged ship are expected, and on Wednesday the Somers Isles container ship will arrive. On Thursday the Bermuda Islander container ship is... Read more of this article
Bermuda Stock Exchange Report: Feb 23 2018
February 23 saw 229 shares trade on the Bermuda Stock Exchange, valued at $10,419.50 BD. 229 shares were traded by Bank of N.T. Butterfield Ltd, closing up 4.6% at $45.50 per share. The BSX finished at 2,561.75, up 3.64% on the day. There was 1 advance, 0 declines, and 60 remained unchanged. The full report for the day is available here [PDF],... Read more of this article
This Year’s Wedding Expo Event Cancelled
Due to the “increased venue cost and lack of vendor participation to cover the expenses” the 2018 Wedding Expo has been cancelled this year. A spokesperson said, “It is with great regret that the management team of the 2018 Wedding Expo has decided to cancel this year’s event. Due to this year’s increased venue cost and lack... Read more of this article
Bermuda Stock Exchange Report: Feb 22 2018
February 22 saw 10,000 shares trade on the Bermuda Stock Exchange, valued at $29,900.00 BD. 10,000 shares were traded by One Communications Ltd, closing down 0.3% at $2.99 per share. The BSX finished at 2,471.80, down 0.01% on the day. There were 0 advances, 1 decline, and 60 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
Health Council Publishes Drug Pricing Tool
The Bermuda Health Council has reformed how the public is able look up information about prescription drug pricing, publishing a consumer guidance tool that shows the prices of commonly used drugs on the island. A spokesperson said, “This tool can be found on our website. To find the suggested total cost for a drug, we have provided the lowest... Read more of this article
Marcus Samuelsson To Host Chef Competition
Hamilton Princess & Beach Club today [Feb 22] announces that celebrity chef Marcus Samuelsson will be hosting a chef competition on Saturday, March 3 for local culinary students to compete for an employment contract at the resort. This event comes as part of a weekend of activities for Marcus at the hotel, including a Book Signing Dinner and a Competition... Read more of this article
PartnerRe: ‘We Delivered Solid Financial Results’
Bermuda-based PartnerRe Ltd.reported a net income available to common shareholder of $72 million for the fourth quarter of 2017 compared to a net loss of $191 million for the same period of 2016. Net income available to common shareholder was $218 million for the full year 2017 compared to $387 million for 2016. Operating losses were $28 million for... Read more of this article
