RA invites comments on service standards
Royal Gazette

Bermudas electricity sector will soon be guided by service standards set by the Regulatory Authority. A draft general determination and order for service standards is open for public consultation, and the Authority...

Premier Meets With Cormac Kinney Of Bitcarbon
Bernews

Premier David Burt welcomed Cormac Kinney of BitCarbon to the Cabinet Office, saying that Mr Kinney “shared BitCarbon’s plans for their Bermuda based fintech business which includes 16 new jobs.” Premier...

Charman on the move at Sompo
Royal Gazette

John Charman will leave his role as chief executive officer of Bermudian-headquartered Sompo International Holdings Ltd next year to become CEO of Overseas Insurance Business at parent company Sompo Holdings Inc. In his...

RenaissanceRe and PGGM reveal new reinsurer
Royal Gazette

A potentially 1 billion reinsurance company has been unveiled by RenaissanceRe Holdings Ltd and major pension fund manager PGGM, of the Netherlands. The new company is called Vermeer Reinsurance Ltd has approval in...

BMA consults on digital asset custody
Royal Gazette

The Bermuda Monetary Authority has released a draft code of practice for digital asset custody for consultation that prescribes measures to ensure a high level of care when safeguarding clients assets. The consultation...

Conor O’Dea Joins BF&M Board Of Directors
Bernews

BF&M Limited announced the appointment of Mr. Conor J. O’Dea to the Board of Directors of BF&M Limited. Mr. O’Dea joined Butterfield Bank [Cayman] in 1989, serving as Managing Director from 1997. After...

Howard Mitchell re-elected PSOJ president
Jamaica Observer

KINGSTON, Jamaica — Director of Cari-Med Howard Mitchell was yesterday re-elected as president of the Private Sector Organisation of Jamaica (PSOJ) for a second term.In accepting his re-election to the top post,...

Nikki Chromazz threatened after loom crashes
Jamaica Star

Social media personality Nikki Chromazz is assuring disgruntled loom investors that she will refund their money.The young entrepreneur took to Instagram on the weekend to announce that she owed $6.7 million to loom...

Howard Mitchell re-elected as PSOJ President
Jamaica Gleaner

Howard Mitchell has been re-elected as President of the Private Sector Organisation of Jamaica (PSOJ). This is his 2nd term as President. Returning to join Mitchell on the Executive are Vice Presidents Dennis Cohen,...

Photos: Bermudians Featured In “T Magazine”
Bernews

The Bermuda Tourism Authority showcased Bermudian photographers, entrepreneurs and thought leaders to help travellers see the island through their...

RenRe Launch Property Catastrophe Reinsurer
Bernews

RenaissanceRe Holdings and Dutch pension fund manager PGGM announced the creation of Vermeer Reinsurance Ltd. to provide capacity focused on risk remote layers in the U.S. property catastrophe market. The company has...

Population concern as retail sales dip again
Royal Gazette

For the first time in 5 years, retail sales have fallen for more than six consecutive months. In September, the volume of sales dropped 6. 8 per cent when adjusted for the rate of inflation, which was measured at 2. 2 per...

BMA: Digital Asset Custody Code Of Practice
Bernews

The Bermuda Monetary Authority has released a draft Code of Practice for Digital Asset Custody [the Code] for consultation that “prescribes measures to ensure a high level of care when safeguarding client’s...

Demystifying digital assets
Royal Gazette

Approximately 50 corporate professionals attended the 100 Women in Finance Lets Talk Digital Assets event. The event, which was sponsored by EY Bermuda, brought together experts to discuss important topics such as the...

Are millennials financially fragile?
Royal Gazette

LtbgtA study by PwC has concluded that 65 per cent of millennials would not be able to handle a 2,000 unexpected expense and that they are unlikely to seek financial advice. The article discusses the way this generation...

Population concern as retail sales dip again
Royal Gazette

For the first time in 5 years, retail sales have fallen for more than six consecutive months. In September, the volume of sales dropped 6. 8 per cent when adjusted for the rate of inflation, which was measured at 2. 2 per...

Bermuda Stock Exchange Report: Dec 17 2018
Bernews

December 17 saw 2,013 shares trade on the Bermuda Stock Exchange, valued at $34,221.00 BD. 2,013 shares were traded by Ascendant Group Limited,...

Somers Limited Announces Financial Results
Bernews

In a filing with the Bermuda Stock Exchange [BSX], Somers Limited a financial services investment holding company, announced its financial results...

Bermuda Stock Exchange Report: Dec 17 2018
Bernews

December 17 saw 2,013 shares trade on the Bermuda Stock Exchange, valued at $34,221.00 BD. 2,013 shares were traded by Ascendant Group Limited, closing even at $17.00 per share. The BSX finished at 2,076.92, even on the...

Somers Limited Announces Financial Results
Bernews

In a filing with the Bermuda Stock Exchange [BSX], Somers Limited a financial services investment holding company, announced its financial results for the year ended September 30, 2018. The full filing stated: Somers...

Wall Street crumbles again as stocks erode in fear
Jamaica Observer

New York , United States (AFP) — Wall Street crumbled again on Monday while other global stocks mostly fell, as a wave of bad feeling about economic growth swept over investors.

KFC employs 55 Trelawny residents with new franchise
Jamaica Observer

Operator of fast food chains KFC and Pizza Hut, Restaurants of Jamaica (ROJ) has opened its 36th KFC location on Market Street in Falmouth, Trelawny.The grand opening of the first KFC in the parish on Saturday marks the...

Holy Family Infant gets new playground
Jamaica Observer

HOLY Family Infant School in downtown Kingston was last week gifted with a new playground from non-profit organisation Digicel Foundation.The school, located at 2 Law Street, was without a playground, which serves to...

Malaysia files criminal charges against Goldman Sachs
Jamaica Gleaner

Malaysia filed criminal charges against Goldman Sachs and two former executives on Monday for their role in the alleged multibillion-dollar ransacking of state investment fund 1MDB.Attorney General Tommy Thomas said that...

Get thirsty! - Young entrepreneurs from inner cities urged to innovate
Jamaica Gleaner

Speak to Victoria, a mother who related her story recently at a forum in the inner-city community of Seaview Gardens in St Andrew, and you'll recognise just how natural innovation comes to many Jamaicans.The savvy mother,...

Income and Business Tax Amendment Bill Passed
Channel 5 Belize

Like the Income and Business Tax Amendment Bill, it was necessary for the International Business Companies Amendment Bill to be passed before the year ends. That bill seeks to eliminate [...]

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