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Business & Economy Local News

$45 Million Offer for Spanish Point Boat Club

BNN has learned that the MEF Group of Restaurants has submitted an unsolicited offer for the Spanish Point Boat Club.

Telecommunications Reform Plodding Ahead

Government has been reviewing currently policy and legislation regarding telecommunications for some five years now and industry professionals believe there is now light at the end of the tunnel.

Inflation falls in February

Inflation fell to 3.4 per cent in February from 3.9 per cent the previous month.

Visitor spending increases

Air visitor spending increased by 11.4 per cent in the fourth quarter of 2007, according to the latest statistics.

BIBA hosts London roundtable

The Bermuda International Business Association (BIBA) held its Annual London Roundtable today in London.

New Customs exchange rate system introduced

HM Customs will introduce a new, simplified system of recording and publishing exchange rates.

Cox defends Bermuda’s reputation

Finance Minister Paula Cox has hit back at criticism of Bermuda's reputation as a leading financial centre.

Bank of Bermuda announces 2007 results

Bank of Bermuda has announced its full year consolidated results for 2007.

January sales decline for the first time in three years

January sales fell for the first time in three years, according to the latest statistics.

MCS to host seminar on customer relationship management

MCS Limited is hosting a seminar on Dynamics CRM 4.0 to interested professionals.

We must tackle economic divide - Swan

Opposition Leader Kim Swan has called for the Government to launch an economic survey in a bid to tackle Bermuda’s growing economic divide.

Butterfield Bank to donate $5million to charity

Butterfield Bank is marking its 150th anniversary by giving $5million to Bermuda charities.

Global Finance award for Butterfield Bank

Butterfield Bank has been named Best Developed Market Bank 2008 for Bermuda by Global Finance magazine.

Argus to host Pension Awareness Week

The Argus Group will hold a Pensions Awareness Week from March 3 to 7 to raise awareness about the importance of pension planning and saving for retirement.

Former US Secretary of Commerce to address BIBA AGM

Former US Secretary of Commerce Mickey Kantor will be the guest speaker at Bermuda International Business Association’s (BIBA) Annual General Meeting tomorrow.