Category: Business
GDP Increased 3.7% In First Quarter Of 2019
Minister for the Cabinet Office Wayne Furbert released the first quarter Quarterly Gross Domestic Product [GDP] publication from the Department of Statistics. The Minister explained, “After adjusting for inflation, the GDP in constant prices for the first quarter increased 3.7% “The growth in the first quarter was driven mostly by an increase... Read more of this article
Argo Group Donates To Bermuda Pride Parade
Argo Group have donated $2,500 towards Bermuda’s first Pride Parade which they said will help improve accessibility at the event and go towards the cost of free parking for participants. “Argo believes that an inclusive, progressive and diverse environment is integral to any successful business,” said Ryan Mather, Argo Group’s global head of... Read more of this article
BTA Announces Promotions & Appointments
The Bermuda Tourism Authority [BTA] announced a slate of promotions and appointments at both its Hamilton and New York offices, effective September 1. “We’re pleased to recognise the hard work and dedication of team members as the BTA continues its evolution as a world-class destination marketing organisation,” said CEO Kevin Dallas. “Their... Read more of this article
Video: ‘Taking Off’ Highlights Boarding Bridges
Skyport has released the latest episode of ‘Taking Off’, a video series with host Mikaela Pearman that highlights the airport redevelopment project, with this episode highlighting the Passenger Boarding Bridges. Speaking in the episode, Mikaela Pearman said, “One of the most exciting parts of Bermuda’s new passenger terminal building is here!... Read more of this article
Bermuda Stock Exchange Report: Aug 28 2019
August 28 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 1,919.37, even on the day. There were 0 advances, 0 declines, and 56 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Dec 24 2025 Bermuda Stock Exchange Report: Dec 23 2025 Bermuda Stock Exchange Report:... Read more of this article
Bacardi Fountain Lights Up In Rainbow Colours
[Updated with video] Bacardi Limited has expressed their support for the upcoming Bermuda Pride Parade, and have illuminated the fountain at their building in rainbow colours in honour of the event. A spokesperson told Bernews, “At Bacardi, we pride ourselves on being inclusive and support policies of equality just as we seek diversity in our... Read more of this article
Retail Sales Volume Decreased By 4.4% In May
Today, the Minister for the Cabinet Office Wayne Furbert released the May 2019 Retail Sales Index publication from the Department of Statistics. The Minister explained, “After adjusting for the retail sales rate of inflation, measured at 0.8% in May, the overall volume of local retail sales decreased 4.4% since May 2018. In addition, the total value... Read more of this article
BoB Foundation Supports Bermuda Pride Parade
The Bank of Bermuda Foundation said it “fully supports the upcoming Bermuda Pride 2019 parade as it raises awareness of the human rights issues affecting the LGBTQI+ community in Bermuda.” A spokesperson said, “The Foundation’s long-term vision for Bermuda is that ‘All people in Bermuda are healthy, independent, financially secure... Read more of this article
Sol Petroleum Bermuda Donates $5K To BIOS
Sol Petroleum Bermuda Limited, exclusive licensed distributor of Esso branded fuels, donated $5,000 to the Bermuda Institute of Ocean Sciences [BIOS] Ocean Academy Program. Sol Bermuda Sales & Marketing Manager Stephen Turner [left] presented a symbolic check to Dr. Mark Guishard, BIOS Director of Corporate & Community Relations, to assist with... Read more of this article
Liberty Specialty Promotes Nicholas Garside
Liberty Specialty Markets [LSM], part of Liberty Mutual Insurance Group, has promoted Nicholas Garside to the role of Head of Bermuda Property, subject to immigration approval. Reporting to Steve Horton, President, Liberty Specialty Markets Bermuda, Mr. Garside takes up his new role on September 1 in Hamilton. Mr. Horton said, “Nick is an exceptionally... Read more of this article
Bermuda Stock Exchange Report: Aug 27 2019
August 27 saw 1,265 shares trade on the Bermuda Stock Exchange, valued at $4,595.00 BD. 1,000 shares were traded by One Communications Ltd, even at $3.75 per share, while another 265 shares were traded by Argus Group Holdings Ltd, closing even at $3.25 per share. The BSX finished at 1,919.37, ueven on the day. There were 0 advances, 1 decline, and... Read more of this article
Ride-Out Organisers Remind Of Permits
With more than 100 custom and classic motorbikes and cars already registered for the Scooter Mart Bermuda Charge Charity Ride-Out this Sunday [Sept 1], organisers have issued an advisory notice reminding participants to arrange their One Day Casual permit for any vehicle that is not normally authorised for the road. A spokesperson said, “Participants... Read more of this article
