Hashtag: #Asia
Minister Comments: Chinese Business Reports
Minister of Finance Bob Richards today responded to recent news stories about beneficial ownership information that was last year hacked from two of the BVI’s numerous incorporation agencies. Minister Richards noted that numerous international news agency articles circulating this week regarding Chinese persons related to the BVI incorporation... Read more of this article
Minister & AG In Singapore To Discuss Casinos
Minister of Tourism & Transport Shawn Crockwell, Attorney-General Mark Pettingill and a technical officer are in Singapore where they are meeting with various entities to discuss gaming models. Minister Crockwell said: “I announced at a press conference on January 9th that the Government had decided to proceed with the Integrated Casino Resort... Read more of this article
ACE To Acquire Majority Stake In Thai Insurer
ACE Limited, which maintains offices in Bermuda, has reached a conditional agreement to purchase a 60.9% stake in The Siam Commercial Samaggi Insurance PCL, a general insurance company in Thailand, from Siam Commercial Bank. Established in 1947 and listed on the Stock Exchange of Thailand, Bangkok-based Siam Commercial Samaggi Insurance is a major... Read more of this article
Catlin Group Establishes New Singapore Branch
Catlin Group Limited has formed the Singapore Branch of Catlin Insurance Company Ltd. of Bermuda. Catlin Insurance Company Ltd. [Singapore Branch] writes specialty lines of direct insurance in Singapore and reinsurance throughout the Asia-Pacific region. Catlin Insurance Company Ltd [Singapore Branch] or ‘CICL [SG Branch]’ was established following... Read more of this article
Colonial Donates $5,000 For Typhoon Victims
One of the island’s leading insurance firms has donated $5,000 towards the disaster relief fund for the Philippines, which was left devastated by one of the worst typhoons in history. Thousands of people were killed and hundreds are still missing after Typhoon Haiyan struck the Philippines last month. Staff at Colonial raised $500 during a denim day... Read more of this article
Conyers Raises Over $37,000 For Haiyan Victims
Conyers Dill & Pearman’s Bermuda office has banded together to donate over $37,000 to the Bermuda Red Cross in support of the Typhoon Haiyan Appeal. Typhoon Haiyan, one of the strongest storms on record, hit the Philippines in early November, causing catastrophic damage and killing thousands of people With generous contributions from the staff,... Read more of this article
Typhoon Victims: Two Fundraisers This Weekend
The Association of Filipinos in Bermuda has, up to this date, raised close to $30,000 from its ongoing fundraising drive to assist the victims of Typhoon Haiyan in the Philippines, and has two fundraising events scheduled for this weekend. Tonight [Nov 23] Flanagan’s will hold a fundraising screening of the Pacquiao-Rios fight, and entrance tickets... Read more of this article
Over $160K Raised To Assist Typhoon Victims
Pledges and donations amounting to over $160,000 have come in to assist victims of Typhoon Haiyan in the Philippines, with the Association of Filipinos in Bermuda having raised over $23,000, while the Bermuda Red Cross has received $138,708 in pledges and donations. A spokesperson from the Association of Filipinos in Bermuda said, “The Association... Read more of this article
Berkeley Students Raise $1500 After Typhoon
The Berkeley Institute Student Council has organised multiple school efforts to support the Philippines in the aftermath of Typhoon Haiyan, and as of this writing have already raised over $1,500. The students had a “grub day” today [Nov 15] which so far has raised over $1,500. Students were asked to wear the colours of the Philippines flag,... Read more of this article
Typhoon Victims: Government To Donate $50,000
[Updated] Premier Craig Cannonier announced today [Nov 13] that the Government of Bermuda will donate $50,000 to the Bermuda Red Cross cash appeal for victims of Typhoon Haiyan, which swept through the Philippines earlier this month, killing thousands of people. According to international reports, more than 11 million people have been affected by the... Read more of this article
Logic Opens Centre For Free Calls To Phillipines
Members of the island’s Filipino community trying to contact family back home have been given a helping hand by Logic Communications who are offering free long distance calls to the Philippines from their Victoria Street retail store. On Friday [Nov 8] the Philippines was battered by Typhoon Haiyan, leaving thousands dead and millions affected.... Read more of this article
CellOne Launches Typhoon Text Relief Effort
CellOne announced today [Nov 13] the availability of text donations to support the relief efforts of the Bermuda Red Cross in the Philippines. “There are many residents in Bermuda looking for a way to contribute to the aid desperately needed in the Philippines.” says Frank Amaral, CellOne CEO. “Fundraising efforts are under way and we are happy... Read more of this article
