Category: Business
Chamber To Host ‘Unconscious Bias’ Workshop
The Bermuda Chamber of Commerce will host a full day workshop on “Unconscious Bias”, which is open to members and non members, at the Chamber offices on Tuesday, February 18th, from 9:00am to 5:00pm. A spokesperson said, “Presented by Martha Kirkland, International partner for FranklinCovey in Bermuda, this workshop tackles how to... Read more of this article
AM Best Affirms Ratings Of PMG Assurance
Ratings company AM Best has affirmed the Financial Strength Rating of A [Excellent] and the Long-Term Issuer Credit Rating of “a” of PMG Assurance Ltd. [PMG] [Bermuda]. The outlook of these Credit Ratings [ratings] is stable. The ratings agency said, “The ratings reflect PMG’s balance sheet strength, which AM Best categorizes as very strong,... Read more of this article
Column: How To Price Your Airbnb Rental
[Column written by Ade Brown] About 60% of your potential income comes from the intrinsic value of your property, location, and amenities. The other 40% is dependent upon implementing an effective Airbnb pricing strategy. Your strategy should take into account the fluctuating demand for your property throughout the year. Airbnb allows you to set different... Read more of this article
Apply For Summer Employment Programme
The Department of Workforce Development is advising that applications are now being accepted for the 2020 Summer Employment Programme [SEP], with the Department noting that “successful applicants will gain well-rounded career exposure for 10 weeks from June – August.” The Minister of Labour, Community Affairs and Sports Lovitta Foggo said,... Read more of this article
Minister Foggo ‘Disheartened” By Job Losses
Minister Lovitta Foggo said she was “disheartened” to hear of job losses at BF&M and advised those “affected by the redundancies that the Department of Workforce Development is available as an immediate resource.” BF&M previously confirmed that seven positions were affected, with two of the people who positions were... Read more of this article
RenaissanceRe Sponsor BIOS Programme
BIOS has announced that RenaissanceRe will fund the the Mid-Atlantic Robotics IN Education [MARINE] program for the next two years. A spokesperson said, “Since 2015, the Mid-Atlantic Robotics IN Education program has been a core component of BIOS’s Ocean Academy, which offers a suite of hands-on education and research opportunities for students... Read more of this article
Shipping Schedule: Week Starting January 18
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday January 18th. On Saturday the Queen Victoria cruise ship is expected, and on Monday the Oleander container ship will arrive. On Tuesday the Somers Isles container ship is scheduled to arrive, and on Thursday the Bermuda Islander... Read more of this article
Bermuda Stock Exchange Report: Jan 17 2020
January 17 saw 293 shares trade on the Bermuda Stock Exchange, valued at $8,990.00 BD. 293 shares were traded by Ascendant Group Limited, closing down 4.5% at $31.00 per share. The BSX finished at 2,336.94, down 0.59% on the day. There were 0 advances, 1 decline, and 55 remained unchanged. The full report for the day is available here [PDF], and the... Read more of this article
Minister: ‘Major Accomplishment For Bermuda’
Calling it an “excellent result and a major accomplishment for Bermuda,” Minister of Finance Curtis Dickinson announced that an international standards setting body “confirmed that Bermuda is one of the global leaders in the fight against money laundering, the financing of terrorism and proliferation.” Minister Dickinson said,... Read more of this article
Hurricane Damage Repair Work In Dockyard
Work has started to repair damage sustained in Hurricane Humberto to the roof of the Great Northern Storehouse, which makes up a portion of the Clocktower Mall in the Royal Naval Dockyard. “The roof requires a complete replacement and the project is expected to be completed at the end of March,” a WEDCO spokesperson said. “The public... Read more of this article
Relay For Life To Kick Off On February 4
Liberty Specialty Markets Bermuda – presenting sponsor of the Relay For Life of Bermuda for the seventh consecutive year – is inviting the public take part in the Parish Luminaria Challenge and learn more about the event at the February 4th kick off. Steve Horton, President of Liberty Specialty Markets Bermuda, said, “Relay for Life of... Read more of this article
Bermuda Stock Exchange Report: Jan 16 2020
January 16 saw 5,004 shares trade on the Bermuda Stock Exchange, valued at $15,012.76 BD. 5,004 shares were traded by Argus Group Holdings Ltd, closing down 3.8% at $3.00 per share. The BSX finished at 2,350.92, down 0.10% on the day. There were 0 advances, 1 decline, and 55 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
