Hashtag: #Finance
OBA Senator & PLP On Pre-Budget Report
The Government’s Pre-Budget Report and the Fiscal Responsibility Panel report “provide a vivid contrast” as “the PLP document is Government’s political propaganda” and “the independent document shows our fiscal reality,” OBA Shadow Minister for Finance Senator Douglas De Couto said, while the PLP said they... Read more of this article
Premier On Pre-Budget Report & Proposals
Government proposes to reduce the monthly tax on mobile phones by 50%, lower private car licensing fees by a further 10% and raise the personal Duty-Free Allowance for returning residents from $200 to $300, Premier and Minister of Finance David Burt said. Speaking in the House of Assembly today [Dec 13] the Premier said, “I rise today to address... Read more of this article
Tax Reform Commission To Host Town Meeting
The Bermuda Tax Reform Commission will host a Town Hall on December 17th. A Government spokesperson said, “The Bermuda Tax Reform Commission is holding a Town Hall meeting designed to inform and engage Bermuda residents about the Commission’s mission, activities, and the important role it plays in providing recommendations that can impact the... Read more of this article
Column: Myron On Contingency Planning
[Column written by Martha Harris Myron] There are five elements in contingency planning, no matter the issues: relationships, jobs and work, natural and personal catastrophes, environmental circumstances, shipping work strikes, political conflicts, and even more dire situations. You cannot control future events, even when you are certain, but you can... Read more of this article
Investor Week Kicks Off With BMA’s Campaign
The Bermuda Monetary Authority kicked off its eighth World Investor Week, focusing on investor education, protection, and financial literacy from October 7-13, 2024. A spokesperson said, “The eighth annual celebration of World Investor Week started today with a public education campaign dedicated to raising awareness about the importance of investor... Read more of this article
Column: Step Three To Home Ownership
[Written by Freddie Forth & Martha Harris Myron] Negotiating a contract, whether written or implied, occurs in some form or another in almost every human interaction: wages, purchasing consumer goods, union bargaining, even in human relationships. It can be set implicitly and clear cut, resolvable in a matter of minutes, as when the price of a... Read more of this article
Column: Step Two To Home Ownership
[Written by Freddie Forth & Martha Harris Myron] There are two defining factors for most people wanting to buy real estate property: Property is real, immovable, tangible and understandable. It has always been there [at least the land] and so marked on a map [Google GPS Earth] in today’s digital world. And secondly, it is your permanent home,... Read more of this article
Premier Attends Blockchain Symposium
Premier David Burt departed Bermuda yesterday to participate in the Wyoming Blockchain Symposium after postponing his travel to support recovery coordination following Hurricane Ernesto. A Government spokesperson said, “This digital finance conference will take place from August 19 to 21, 2024, and was launched through a partnership between global... Read more of this article
Column: Eight Steps To Home Ownership
[Written by Freddie Forth & Martha Harris Myron] Introducing Freddie Forth, owner of Forthright Solutions. Freddie is a Bermudian luminary expert in real estate, mortgages & lending, local architecture and author of Eight Steps to Home Ownership Freddie Forth has volunteered her time and expertise in creating the Eight Steps of Home Ownership... Read more of this article
PondStraddler Finance Media Launches
Martha Harris Myron’s Bermuda PondStraddler Finance Media Productions has launched a series of interactive financial literacy videos to highlight Bermuda’s financial sector. A spokesperson said, “Developed by Martha Harris Myron in her continued financial literacy mission for Bermuda, these productions specifically focus on Bermuda’s... Read more of this article
City Releases 2023 Financial Statements
The Corporation of Hamilton released its annual financial statements for 2023. A spokesperson said, “The Corporation is pleased to note that our financial statements are presented again this year with an unqualified audit opinion from independent auditors. “In releasing its financial statements, the Corporation wishes to highlight recent... Read more of this article
Cabinet Approves 2.4% Increase For Pensions
“The Cabinet approved a further 2.4% increase for seniors’ pensions in line with the inflation rate,” Premier and Minister of Finance David Burt said in the House of Assembly today [July 19], adding that “when the House of Assembly returns in September, this government will table that increase in pensions to keep our commitment... Read more of this article
