Government on track to meet IMF March targets
Jamaica Gleaner

The Economic Programme Oversight Committee (EPOC) said Jamaica is on track to meet the quantitative performance criteria and indicative targets under the precautionary standby agreement (PSBA) signed with the...

Mixed reaction from unions on PM Skerrit’s invitation to ‘conversation’
Dominica News Online

There has been a general mixed reaction from unions in Dominica for a conservation on public sector wages and the state of the economy proposed by Prime Minister, Roosevelt Skerrit. The proposal is welcomed by the...

Bermuda saw 47bn in deals last year
Royal Gazette

Bermuda notched up one-fifth of all offshore deal value last year. And the island was home to the biggest transaction of 2016, according to Offshore-i, published by law firm Appleby. But the total volume and value of...

Are minority shareholders powerless?
Nation News

OVER THE PAST years it has been observed that a number of companies on the local stock exchange have sought to expand by way of takeover of other companies that has entailed a buyout of the shareholding...

Aliv sends staff to major sponsorship conference
Nassau Guardian

More than 1,200 marketing professionals from internationally recognized brands gathered recently at a major conference in Chicago, Illinois. Among the marketing specialists at the conference, hosted by the Independent...

Tourism director charges Grand Bahama residents to make tourism their business
Nassau Guardian

FREEPORT, Grand Bahama – In an address to the Grand Bahama Chamber of Commerce last week on Wednesday, Ministry of Tourism Director Betty Bethel asserted that Grand Bahama's future ultimately rests in the...

Bahamas Trade Information Service Portal launch days away
Nassau Guardian

FREEPORT, Grand Bahama – Minister of Financial Services and Local Government C.V. Hope Strachan was in Grand Bahama on Friday to begin the process of educating the business community on The Bahamas Trade...

IDB outlines challenges facing Bahamian economy
Nassau Guardian

The Inter-American Development Bank (IDB) said the “greatest†challenge facing the Bahamian economy is achieving a higher growth trajectory, while it lamented the state of the...

Cotton Bay begins critical land clearing as development gets underway
Nassau Guardian

The opening of Cotton Bay in 2020 and Jack’s Bay in South Eleuthera will create a “critical mass†on the island that will be unequaled in terms of investment in the...

Government extends exigency order another 90 days
Nassau Guardian

The exigency order put in place by the government in the wake of Hurricane Matthew has been extended by 90 days, after the government’s forfeiture of more than $23 million during the initial exigency order...

Govt announces liberalization of exchange controls
Nassau Guardian

Prime Minister Perry Christie announced yesterday the approval of further liberalization of exchange controls, which would allow certain categories of Bahamian-owned businesses to access investment financing in foreign...

PM: Deficit misses lower projection as a result of Hurricane Matthew
Nassau Guardian

The country’s deficit is now projected to land at $350 million by the end of the 2016/2017 fiscal year, a figure that, as a result of Hurricane Matthew, puts a dent in the original, lower projection....

Labor bills passed
Nassau Guardian

The labor amendment bills were passed in the House of Assembly yesterday after the government further revised the proposed legislation, having adopted several recommendations from the private sector, including a provision...

Ambris, Shillingford take Windwards to new heights with record-breaking performances
Dominica Vibes

Press Release (Basseterre) Over the weekend, Windwards Volcanoes teammates Sunil Ambris and Shane Shillingford achieved record breaking milestones in Round 8 of the Digicel-sponsored WICB Regional 4-Day match against the...

Gov’t to dialogue with trade unions on wage increase
Dominica Vibes

The Dominica government has proposed to meet with trade union representatives on 24 April 2017 to discuss public sector wages, the current performance and short and medium term prognosis for the Dominica economy. The...

Plan ahead to ensure regulatory compliance
Royal Gazette

Licensed entities should plan ahead to ensure regulatory compliance rather than risk penalties being imposed as a result of deficiencies uncovered following a visit from the Bermuda Monetary Authority. Regulated entities,...

Conyers to rebrand Codan arm
Royal Gazette

Law firm Conyers Dill amp Pearman is to rebrand its international support arm Codan to Conyers Client Services. Narinder Hargun, director and co-chairman of the Bermuda branch of CDampP said We have built strong teams in...

Reinsurers adding more insurance to the mix
Royal Gazette

In a search for greater diversity and income potential in the face of competition and unattractive economic conditions, reinsurers that in the past had not had a significant primary insurance component appear to be moving...

Novae in Fidelis quota share deal
Royal Gazette

A specialist Lloyds of London insurer has teamed up with Bermudas Fidelis Insurance in a quota share agreement. The agreement covers Lloyds Syndicate 2007s US property catastrophe treaty excess of loss portfolio for this...

UK firm places 3.1m BSX debt listing
Royal Gazette

A UK-based finance company has launched a 2. 5 million 3. 1 million debt securities listing on the Bermuda Stock Exchange. Private amp Commercial Finance, which offers hire purchase and finance lease facilities and has...

Ocil makes profit for sixth year in a row
Royal Gazette

Oil Casualty Insurance notched up net income last year of 1. 7 million its sixth consecutive year of profit. The company reported written premium of 166 million for the year ended November 30 last year, an increase of 14...

Profitability under strain for reinsurers
Royal Gazette

Jonathan Kent, Business EditorBermudas reinsurance market is battling against deteriorating profitability in a tough market, according to analysts from rating agency AM Best. But balance sheets remain strong and companies...

Sompo lists 480m cat bond on BSX
Royal Gazette

Japanese insurance giant Sompo has listed a 480 million catastrophe bond on the Bermuda Stock Exchange. The BSX announced the Aozora Re 2017-1 issuances admission for listing yesterday. The bond will provide Sompo with a...

Bermuda scholarships site adds internships
Royal Gazette

In response to interest expressed by Abic members, Bermudascholarships. com has added an additional search feature to assist employers to connect to student applicants for summer employment, internships and entry-level...

Island firm launches software for captives
Royal Gazette

A Bermudian software development company has launched a new one-stop place for data aimed at the growing captive insurance industry. Bespoke Software said their new inTell Captive software streamlined data and made it...

Bermuda Stock Exchange Report: March 29 2017
Bernews

March 29 saw 3,634 shares trade on the Bermuda Stock Exchange, valued at $94,017.00 BD. 1,952 shares were traded by Bank of N.T. Butterfield Ltd,...

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RECENT COMMENTS
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