Category: Business
November Consumer Price Index: Inflation 3.8%
Consumers paid 3.8% more in November 2022 than they did a year ago for the basket of goods and services included in the Consumer Price Index [CPI]. A Government spokesperson said, “The Ministry of Economy and Labour released the November 2022 CPI from the Department of Statistics. This publication now includes two new charts presenting year-to-year... Read more of this article
Harbour Nights To Be Extended To 15 Weeks
The Bermuda Chamber of Commerce announced that the “upcoming edition of Harbour Nights will be extended to fifteen weeks, commencing on the 24th of May and concluding on the 30th of August.” A spokesperson said, “The event, which has been a cherished tradition for nearly three decades, will take place every Wednesday from 7 p.m. to... Read more of this article
Coralisle Group Opens Pharmacy At Paget Plaza
Saying it is a “major step to provide affordable prescription medications in Bermuda,” Coralisle Group Ltd. has opened a pharmacy to the general public, CG Pharmacy, located at Paget Plaza in the former Clarien bank building at 161 South Road. ‘Our goal in this initiative is to make prescription drugs accessible and affordable to our CG... Read more of this article
Empowered Shopping Village To Host 2 Events
As Black History Month closes, a presentation titled ‘Self-Empowerment Through Self-Employment – The Power of Entrepreneurship And How BEDC Can Assist’ will be presented by Erica Smith of the Bermuda Economic Development Corporation [BEDC] today [Feb 27] at 7.00pm. The event poster says the presentation will focus on “self-employment,... Read more of this article
Party Line BDA Debuts Audio Guestbook Service
Party Line BDA is offering a service that captures their guests’ sentiments at special events via a retro telephone, with the audio files then shared digitally after the event. A spokesperson said, “A new audio guestbook service is available to book on-island for the first time. A more personal alternative to the traditional guestbook,... Read more of this article
L&F Indemnity Donate $50,000 To WindReach
L&F Indemnity Limited has made a $50,000 donation to WindReach, with the company noting they are “delighted to partner with WindReach to do our small part in assisting our fellow residents.“ A spokesperson said, “WindReach today announced the receipt of a significant donation from L&F Indemnity Limited [Captive insurance company... Read more of this article
BILTIR Support Enhanced Regulatory Framework
Bermuda International Long Term Insurers and Reinsurers [BILTIR] said they support the Bermuda Monetary Authority’s [BMA] “proposed enhancements to the regulatory and supervisory regime for long-term commercial insurers, reinsurers and insurance groups on the island.” A spokesperson said, “On February 24, 2023, the BMA issued its... Read more of this article
Kidist Emery Joins Ignite Board Of Directors
Ignite Bermuda announced the recent addition of Kidist Emery to their Board of Directors, saying she brings a “wealth of experience and a fresh perspective.” A spokesperson said, “The Board was impressed with Kidist’s passion as an award-winning mentor and thriving business owner. Through her business, Salon Pink, Kidist helps... Read more of this article
ABIR Sponsors Two Students For Risk Summit
The Association of Bermuda Insurers and Reinsurers [ABIR] sponsored two Bermuda College students to attend the upcoming Bermuda Risk Summit. A spokesperson said, “Nicholas Kessell and Felicia de Sa aim to pursue careers in the re/insurance industry and will have the chance to learn from expert panels and network with industry professionals at... Read more of this article
Photos & Video: Bacardi Hosts Vendor Market
[Updated] Bacardi recently hosted a Black Owned Vendors Market at their headquarter grounds, and according to the event promotion flyer, the vendors for the event included Ashley’s Lemonade, Funnelicious, RYL Rentals, Jazzy Treats, Strange Bird, Tassel Bermuda, Dove & Butterfly, Pacos Tacos and more. Update Feb 27, 8.39am: A spokesperson... Read more of this article
Free 10 Week Bartending Training Program
Bacardi – in partnership with the Department of Workforce Development — is launching ‘Shake Your Future,’ which offers five people the chance to take part in a free 10-week training program that includes four weeks of training in London, four weeks of work placement in Bermuda, and two weeks of marketing workshops. A spokesperson... Read more of this article
Weston Hicks Elected To White Mountains Board
The Board of Directors of White Mountains Insurance Group, Ltd. has elected Weston M. Hicks as a director of the Company. A spokesperson said, “Mr. Hicks was formerly the President and CEO of Alleghany Corporation. He previously has served on the boards of Alleghany Corporation and AllianceBernstein Corporation.” CEO Manning Rountree said,... Read more of this article
