Hashtag: #BermudaBusiness
One Communications’ Covid-19 Protocols
One Communications is taking measures to respond to the continued coronavirus pandemic and says that it is “taking every precaution to safeguard our customers, employees, and business operations.” A spokesperson said, “As the coronavirus [Covid-19] situation continues to unfold, we wish to assure the public that we are taking every... Read more of this article
One Communications 2019 Financial Results
In a filing with the Bermuda Stock Exchange [BSX], One Communications Ltd., released financial results for the year ended December 31, 2019. The filing stated: One Communications Ltd., a diversified telecommunications holding company, is pleased to announce its results for the year ended December 31, 2019. Overview of the year ended December 31, 2019: Net... Read more of this article
IGI Receives Provisional NAIC Approval
International General Insurance Holdings Limited announced that its Bermuda subsidiary, International General Insurance Company Ltd., has been granted provisional approval by the National Association of Insurance Commissioners [NAIC] to begin writing U.S. excess and surplus lines business effective April 1, 2020, pending execution of the IGI Bermuda... Read more of this article
Photos: Bubbles Up Laundromat Official Opening
Family-owned Bubbles Up Laundromat officially opened today [March 14] at the Somerset MarketPlace Plaza, saying they “look forward to welcoming the residents of Somerset and beyond to our establishment.” Bubbles Up Laundromat is open on weekdays from 7.00am to 10.00pm, with last wash at 9.00pm, and on weekends from 6.00am to 10.00pm, with... Read more of this article
Shipping Schedule: Week Starting March 14
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday March 14th. On Monday the Flawless LPG tanker and the Oleander container ship are expected, on Wednesday the Gunilla sailing ship will arrive, and on Thursday the Bermuda Islander container ship and the Walther Herwig II... Read more of this article
Bermuda Stock Exchange Report: March 13 2020
March 13 saw 175,678 shares trade on the Bermuda Stock Exchange, valued at $556,559.00 BD. 163,678 shares were traded by Argus Group Holdings Ltd, closing up 23.0% at $3.15 per share, while the other 12,000 shares were traded by One Communications Ltd, closing even at $3.75 per share. The BSX finished at 1,799.35, up 0.66% on the day. There was 1 advance,... Read more of this article
IAC Postpones Upcoming Training Events
The Inter Agency Committee For Children & Families [IAC] says that it is postponing all upcoming training events until further notice in order to “promote the safety and wellness of the community.” IAC Programme Coordinator Nicola Paugh said, “It is responsible for us to postpone our upcoming events to ensure we do our part to promote... Read more of this article
Reminder: Legislation Prohibiting Price Gouging
“The public and local retailers are reminded of the legislation prohibiting price gouging, particularly during times of national emergencies,” a Government spokesperson said. “Price gouging is defined as ‘a seller increasing the prices of goods, services or commodities to a level much higher than is considered reasonable or fair,... Read more of this article
Chubb Continues Sponsorship Of Cricket Camp
The Bermuda Cricket Board announced that Chubb has agreed to continue its sponsorship of the BCB’s 2020 Easter “Action Cricket Camp” that is taking place over five days from March 30 to April 3. The aim of the Easter Camp is to enhance player’s cricket and social skills in a safe, enjoyable and positive environment. Under the operation of BCB... Read more of this article
Bermuda Stock Exchange Report: March 12 2020
March 12 saw 25,300 shares trade on the Bermuda Stock Exchange, valued at $302,096.00 BD. 10,000 shares were traded by Argus Group Holdings Ltd, closing down 2.7% at $2.56 per share, while the other 15,300 shares were traded by BF&M Ltd, closing down 1.6% at $17.95 per share. The BSX finished at 1,787.56, down 0.21% on the day. There were 0 advances,... Read more of this article
Appleby Hires Rebecca Holloway & Joy Martin
Appleby Bermuda has welcomed Bermudians Rebecca Holloway and Joy Martin as compliance officers within the compliance team. Ms Holloway graduated from Bristol University with a Bachelor of Arts degree in French and Spanish. Ms Holloway is a Certified Anti-Money Laundering Specialist [CAMS] and Certified Financial Crime Specialist [CFCS]. Prior to joining... Read more of this article
BEDC To Host Entrepreneurship Course
Entrepreneurship 101, an entrepreneurship education course hosted by the Bermuda Economic Development Corporation [BEDC] is set to begin on Thursday, March 26 at Sofia House at 48 Church Street in Hamilton. A spokesperson said, “Registration is open and enrollment has begun for Entrepreneurship 101, an entrepreneurship education course hosted... Read more of this article
