Hashtag: #BermudaBusiness
EDD Invites Public To Fintech Training
The Economic Development Department announced the launch of the 3rd Annual Fintech Training Programme, inviting interested individuals to register by June 5, 2024. A Government spokesperson said, “The Economic Development Department [EDD] is happy to announce the launch of the 3rd Annual Fintech Training Programme. Interested persons are encouraged... Read more of this article
TABS New Summer Print: Wild & Restrained
TABS Apparel is launching its latest print, dubbed Wild & Restrained. A spokesperson said, “TABS Bermuda, renowned for its distinctive and stylish collections, announces the launch of its latest print, Wild & Restrained. Created in collaboration with Lemoncello Design, this new design seamlessly blends Bermuda’s unique architecture... Read more of this article
Bermuda Stock Exchange Report: May 27 2024
May 27 saw 1,000 shares trade on the Bermuda Stock Exchange, valued at $ 29,000.00 BD. 1,000 shares were traded by Watlington Waterworks Ltd., closing down 3.3% at $29.00 per share. The BSX finished at 2,509.29, down 0.05% on the day. There were 0 advances, 1 decline, and 50 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
Paradise Scents Store To Shift Focus Online
After nearly a decade in business, Paradise Scents will close its doors at the end of May 2024, transitioning to an online store on Hook.bm. A spokesperson said, “After opening their doors in 2015, Paradise Scents will be closing their doors at the end of May 2024.” The owner/operator, Kim Smith is stepping back to be able to prioritize... Read more of this article
BDA To Host Bermuda Reception In Texas
The Bermuda Business Development Agency [BDA] will host its second Bermuda Reception at Consensus in Austin, Texas. A spokesperson said, “The Bermuda Business Development Agency [BDA] will hold its second Bermuda Reception at Consensus, the world’s largest gathering of digital asset, blockchain and Web3 enthusiasts in Austin, Texas this week.” Kendaree... Read more of this article
AM Best Affirms A- Ratings For Athora
AM Best has affirmed the A- [Excellent] Financial Strength Rating and Long-Term Issuer Credit Ratings of Athora Life Re Ltd. and Athora Ireland plc, citing the group’s strong balance sheet, robust capitalisation, and solid operating performance. The ratings agency said, “AM Best has affirmed the Financial Strength Rating of A- [Excellent]... Read more of this article
BermudAir Launches Direct Flights To Halifax
BermudAir has commenced its new direct service between Halifax and Bermuda,starting with its inaugural flight on May 25th. A spokesperson said, “BermudAir, Bermuda’s flagship airline, has launched direct service between Halifax and Bermuda. BermudAir will provide non-stop air service between the destinations year-round, beginning with its inaugural... Read more of this article
Shipping Schedule: Week Starting May 25
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday, May 25th. On Saturday the Liberty of the Seas cruise ship is expected, on Sunday the Norwegian Gem cruise ship and the Oleander container ship will arrive, and on Monday the USCGC Rollin Fritch sentinel-class cutter and... Read more of this article
Retail Sales Decreased 2.3% In December 2023
After adjusting for the retail sales rate of inflation – measured at 2.3% in December – the overall volume of retail sales index decreased 2.3% when compared to December 2022, according to the recently released Retail Sales Index. A Government spokesperson said, “The Ministry of Economy and Labour released the December 2023 Retail Sales... Read more of this article
Bermuda Stock Exchange Report: May 23 2024
May 23 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,510.47, even on the day. There were 0 advances, 0 declines, and 51 remained unchanged. The full report for the day is available here [PDF], and the full report for the week is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Dec 29 2025 Bermuda Stock... Read more of this article
December Consumer Price Index: Inflation 2.4%
The Ministry of Economy and Labour released the December 2023 CPI from the Department of Statistics today. A Government spokesperson said, “In summary, consumers paid 2.4 per cent more in December 2023 than a year ago for the basket of goods and services included in the Consumer Price Index [CPI]. This level of inflation declined 0.7 percentage... Read more of this article
Bermuda Stock Exchange Report: May 22 2024
May 22 saw 125 shares trade on the Bermuda Stock Exchange, valued at $4,375.00 BD. 125 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $35.00 per share. The BSX finished at 2,510.47, even on the day. There were 0 advances, 0 declines, and 51 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda... Read more of this article
