Category: Business
Crown & Anchor To Open For Al Fresco Dining
Starting from this Saturday [May 23], the public will be able to dine outdoors at Hamilton Princess & Beach Club’s Crown & Anchor restaurant. A spokesperson said, “Diners will once again be able to dine at Hamilton Princess & Beach Club’s Crown & Anchor restaurant from dinner on Saturday, May 23rd. “Diners will be able to enjoy... Read more of this article
Chamber & KPMG To Host Webinar On May 27
The Bermuda Chamber of Commerce and KPMG will be hosting a keynote webinar on Wednesday, May 27. A spokesperson said, “The Bermuda Chamber of Commerce and KPMG in Bermuda are pleased to announce a keynote webinar on Wednesday, May 27th. “Open to both members and non-members, the webinar will provide informative and insightful information,... Read more of this article
“Great Bermuda Takeout Day” On May 28
The Bermuda Tourism Authority [BTA] is promoting the second “Great Bermuda Takeout Day” on May 28. A spokesperson said, “Bermuda Tourism Authority [BTA] is encouraging public and corporate support for a second serving of the “Great Bermuda Takeout Day” next week. The food-and-beverage campaign is back on the table just as restaurants and... Read more of this article
Somers Limited Share Repurchase Programme
In a filing with the Bermuda Stock Exchange [BSX], Somers Limited announced their share repurchase programme. The filing stated: “Somers Limited, a financial services investment holding company, announces that its Board of Directors has authorised the repurchase of up to 100,000 shares through a further share repurchase programme. The existing year’s... Read more of this article
Royal Caribbean Extends Cruise Suspension
Royal Caribbean, which lost $1.4 billion in the first quarter of 2020, has extended its cruise suspension amid the ongoing Covid-19 pandemic. A spokesperson said, “Given ongoing global public health circumstances, Royal Caribbean Cruises Ltd. has decided to extend the suspension of most sailings through July 31, 2020, with the exception of sailings... Read more of this article
Bermuda Stock Exchange Report: May 20 2020
May 20 saw 300 shares trade on the Bermuda Stock Exchange, valued at $7,950.00 BD. 300 shares were traded by Watlington Waterworks Ltd, closing down 5.4% at $26.50 per share. The BSX finished at 1,594.04, down 0.09% on the day. There were 0 advances, 1 decline, and 59 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
Daren Bascome Receives Leadership Award
Bermudian Daren Bascome — CEO of Proverb, a multidisciplinary branding agency in Boston — has received the Greater Boston Chamber of Commerce Award for Leadership. A spokesperson said, “The Greater Boston Chamber of Commerce will recognize six small businesses for their contributions to the region, their customers, employees, and communities. “Each... Read more of this article
Boat Membership Programme To Launch
A new boat membership programme, Island Boat Club, is coming soon. Bermudian founder Jack Bridges, 29, announced the new concept earlier this month, which will allow for members to access boats for a monthly membership fee. “The club takes the hassle out of owning a boat, giving members unlimited access to high quality vessels designed for Bermuda’s... Read more of this article
Column: The New Normal & The Newer Normal
[Opinion column written by Ross Webber] 1] You must survive now to be opportunistic and strategic later. 2] Know Your Customer. If you aren’t practising CRM – you’d best get cracking. 3] Communicate – and be human when you do it. We are already in the New Normal. And that New Normal will be an even Newer Normal in three weeks’, six weeks’... Read more of this article
Collaborate Effectively To Help The Community
“While this crisis has highlighted the fragility of funding for the nonprofit sector, it has also crystalized the value of groups being able to come together and collaborate effectively,” the Bank Of Bermuda Foundation said. A spokesperson said, “In response to the destabilizing impacts of Covid-19, Bank of Bermuda Foundation recognized... Read more of this article
DropIt Offers Same Day Grocery Delivery Again
DropIt Delivery is once again offering same-day grocery delivery from Lindo’s to its clients. The grocery delivery service had experienced a large surge in use during the Shelter in Place period as residents took the opportunity to order groceries online and have them delivered. An email sent out by the company said, “Availability is back! We... Read more of this article
RenaissanceRe Declare $0.35 Quarterly Dividend
The Board of Directors of Bermuda-based RenaissanceRe Holdings Ltd. announced a quarterly dividend of $0.35 per common share on its common shares. The dividend is payable on June 30, 2020, to shareholders of record on June 15, 2020. Related Stories Carnival Aims To Move Incorporation To Bermuda Clocktower Mall To Close For Three Weeks White Mountains... Read more of this article
