Category: Business
BPW Holds Executive Committee Elections
The Business and Professional Women’s Association of Bermuda [BPW Bermuda] recently held its Annual General Meeting, where the 2016/2017 Executive Committee was elected by the members. A spokesperson said, “BPW Bermuda is the local chapter of the International Federation of Business and Professional Women. “The organization’s aims... Read more of this article
Consumer Price Index: Inflation Increased 0.1%
Consumers paid 1.1% more in April 2016 than they did a year ago for the basket of goods and services included in the Consumer Price Index [CPI]. The level of inflation increased 0.1 percentage points from the 1.0% measured in March 2016. The Consumer Price Index report said, “Between March 2016 and April 2016, the average cost of goods and services... Read more of this article
Bacardi Limited Elects New Director To Board
Facundo L. Bacardi, chairman of the board of directors of Bacardi Limited, the largest privately held spirits company in the world, announced a new director has been elected to serve on the Company’s 16-member board. The newly elected director is Stella J. David. She was elected to the Board at the Company’s Annual General Meeting on June 23, 2016,... Read more of this article
Bermuda Stock Exchange Report: June 23 2016
Today [June 23] saw no shares trade on the Bermuda Stock Exchange. The BSX finished at 1,174.00, even on the day. There was 1 advance, 0 declines, and 58 remained unchanged. The full report for the day is available Read More →
Understanding The Consumer Price Index
The Cabinet Office is advising today [June 23] that the Department of Statistics has released Understanding the Consumer Price Index. “The Understanding the Consumer Price Index is a handy guide designed to provide users of the consumer price index with information about its purpose, compilation and use,” a spokesperson said. “The... Read more of this article
Column: Getting Ahead In Your Fifties
[Written by Carla Seely] You have worked hard, saved hard, almost paid off your mortgage and the children have left the nest and are now financially independent. For most, this shift occurs in your fifties; your financial commitments lessen and your focus shifts towards your future. The reality is, when you are in your 50s you can see retirement on... Read more of this article
BHF Honours John Wight & Awards Scholarships
On Friday, the Bermuda Health Foundation [BHF] honoured John Wight, President and CEO of BF&M Insurance Group for his contribution to the insurance industry and the Bermuda community generally. Mr. Wight is also the President of the Bermuda Chamber of Commerce. In an acceptance speech after being presented with the “Salute to Service” Award... Read more of this article
Gateway Systems’ ABC Solution Aids Importers
Gateway Systems Limited’s Automated Bermuda Customs [ABC] solution helps commercial importers avoid the recently announced H.M. Customs’ fee for manual data input of Bermuda Customs Declarations [BCDs] not submitted electronically, the company said. On May 9 of this year, H.M. Customs declared their intent to charge for manual BCD processing, saying,... Read more of this article
Bermuda Stock Exchange Report: June 22 2016
Today [June 22] saw no shares trade on the Bermuda Stock Exchange. The BSX finished at 1,174.00, even on the day. There were 3 advances, 1 decline, and 55 remained unchanged. The full report for the day is available Read More →
Freisenbruch-Meyer Launches Cyber Insurance
Bermuda-based Freisenbruch-Meyer Insurance Services Ltd. [FMIS] has announced the launch of its new cyber liability protection product, Security & Privacy Insurance. A spokesperson said, “This product launch coincides with the increasing demand from Bermuda’s businesses for the most up-to-date cyber insurance protection. As a recognized... Read more of this article
Herb Wilson Appointed Marcus’ Executive Chef
Hamilton Princess & Beach Club has announced the appointment of Herb Wilson as Executive Chef of Marcus’. A New York native, Chef Wilson has more than 25 years of culinary management experience around the world, with “expertise in virtually every cuisine, including French, New American and Caribbean.” A spokesperson said, “For... Read more of this article
BELCO No Longer Accepting Cash At Gibbons
BELCO is advising its customers that, for security reasons, cash payments will no longer be accepted at the Gibbons Company bill payment drop box location; only payment by cheque will be accepted. A spokesperson said, “Customers wishing to make cash payments on their BELCO accounts may do so at the BELCO Head Office on Serpentine Road and at its... Read more of this article
