Category: Business
BTA: Bermuda’s Pink Sale Offers Up To 50% Off
The BTA are promoting the “Pink Sale’ saying that “Bermuda hotels are currently offering up to 50% off on bookings at several participating resorts.” A spokesperson said, “Starting today travellers are invited to turn their winter pink in Bermuda in 2023. The Pink Sale makes a trip to Bermuda even more alluring. Prospective... Read more of this article
Bermuda Stock Exchange Report: Jan 3 2023
January 3 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,317.69, even on the day. There were 0 advances, 0 declines, and 68 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Dec 29 2025 Bermuda Stock Exchange Report: Dec 24 2025 Bermuda Stock Exchange Report:... Read more of this article
PATI Decisions: Savvy, Gaming & Customs Duty
The Acting Information Commissioner issued three decisions regarding the Cabinet Office, Ministry of Finance Headquarters, and Bermuda Gaming Commission. Decision 28/2022, The Cabinet Office [PDF] Decision 29/2022, Ministry of Finance Headquarters [PDF] Decision 30/2022, Bermuda Gaming Commission [PDF] A spokesperson said, “On 16 December 2022,... Read more of this article
Watlington Announce Management Changes
In a filing with the Bermuda Stock Exchange [BSX], Watlington Waterworks Ltd. announced senior management changes. The full filing stated: “Lt. Col. Allan Rance retired as President and C.E.O. of Watlington Waterworks Limited at the end of 2022. A new senior management team to continue building a stronger company has been appointed effective January... Read more of this article
Plans For ‘Branded Condo Hotel’ Submitted
A planning application for a condo hotel located at ’66 South Road, Warwick’ has been submitted. The planning application said, “Branded Condo Hotel and Retail Development including: 56 unit residential hotel with hotel guest facilities including restaurant, health club, pickleball/tennis courts, function rooms, main and plunge pool,... Read more of this article
Shipping Schedule: Week Starting December 31
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday Shipping Schedule: Week Starting December 31st. On Sunday the Bermuda Islander container ship is expected, on Tuesday the Somers Isles container ship will arrive, on Wednesday the Norwegian Gem cruise ship is scheduled to... Read more of this article
Bermuda Stock Exchange Report: Dec 30 2022
December 30 saw 500 shares trade on the Bermuda Stock Exchange, valued at $16,000.00 BD. 500 shares were traded by Bank of N.T. Butterfield Ltd, closing down 5.9% at $32.00 per share. The BSX finished at 2,317.69, down 4.42% on the day. There were 0 advances, 1 decline, and 67 remained unchanged. The full report for the day is available here [PDF],... Read more of this article
Take Five Donates 600 Meals To Families
Take Five teamed up with the Seventh-day Adventist Church to donate 600 meals to families in need across the island on Christmas Eve. A spokesperson said, “The holiday season is traditionally a time when the world expresses love in the form of giving and it is to that end, Take Five teamed up with the Bermuda Conference of Seventh-day Church to donate... Read more of this article
Everest Mourns Passing Of John Weber
Everest Re Group said they are mourning the passing of Everest Board Director John Arthur Weber. A spokesperson said, “Everest Re Group, Ltd. announced with great sorrow the December 25 passing of Everest Board Director John Arthur Weber.” “It has been an honor for me and my fellow Directors to serve alongside John,” said Joseph V.... Read more of this article
Maiden Completes Conversion Of Shares
Maiden Holdings Ltd has announced that it has completed “the previously announced conversion of its outstanding 8.25% Non-Cumulative Preference Shares, Series A, 7.125% Non-Cumulative Preference Shares, Series C and 6.700% Non-Cumulative Preference Shares, Series D for its common shares, $0.01 par value per share, on December 27, 2022.” A... Read more of this article
Bermuda Stock Exchange Report: Dec 29 2022
December 29 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,424.96, even on the day. There were 0 advances, 0 declines, and 68 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Dec 29 2025 Bermuda Stock Exchange Report: Dec 24 2025 Bermuda Stock Exchange... Read more of this article
Work Permit Policy: Seeking & Changing Jobs
The Department of Immigration said they have “seen an increase in inquiries and work permit applications for work permit holders who have worked for their initial employer for less than two years.” A Government spokesperson said, “Clause 4.6 of the 2017 Work Permit Policy states that work permit holders can only change jobs in the... Read more of this article
