ECONOMY
Premier laments missed gaming opportunity
Bermuda lost out on a huge opportunity when MPs flatly dismissed the Green Paper on Gaming, according to Premier Dr. Ewart Brown. Dr. Brown felt the issue descended into “internal party politics” rather than a robust debate on gaming.
First residents move into new development
The first happy householders have moved into the Perimeter Lane housing units in Pembroke. The Perimeter Lane development consists of 38 one, two and three-bedroom budget homes.
Church volunteers take meals to the streets
A church is “taking it to the streets” as it focuses its attention on children and seniors in need. Vernon Temple A.M.E. Church in Southampton has partnered with the Eliza DoLittle Society as part of the Daily Bread feeding programme.
Bermuda's best chefs help to feed the island's hungry
Five-star chefs are to share their gourmet cuisine with people more used to eating scraps. Leftover food from some of the island’s top restaurants is to be handed out to those who would otherwise go without.
State-of-the-art marina set for St. George's
Plans to build a state-of-the-art floating marina in St George’s Harbour look set to get the go ahead. The project is designed to cater for the numerous yachts that drop anchor off the old town on their way across the Atlantic.
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Tourist spending soars by more than $27m
Visitor spending is up more than $27 million, Government figures revealed yesterday. The increase relates to the second quarter of this year when compared with the same period in 2009.
LABOUR DAY SPECIAL
Bermudians struggle to find work in recession as firms keep costs down
Unemployed Bermudians say they are struggling to find jobs that pay well enough to cover their basic needs. Roughly 1,600 are out of work as Labour Day approaches.
LABOUR DAY SPECIAL
International firms create jobs and wealth
White-collar guest workers in Bermuda are among the wealthiest in the world. A new report shows that more than 27 per cent of professional expats in Bermuda earn a quarter-of-a-million dollars or more annually.
LABOUR DAY SPECIAL
Working long hours for low pay to send money home
“If you don’t like it go home” — Filipino workers in Bermuda say this is the most typical response to complaints about pay and conditions. Workers, fearful of having their permits revoked, say they accept long hours and low pay because it enables them to send money back home for their …
Developers unveil plans for Park Hyatt Hotel on old Club Med site
Developers have submitted detailed plans to build a state-of the-art Park Hyatt Hotel in St. George’s. The proposals — outlining the construction of a 100-room hotel, condominiums and villas on the site of the old Club Med — were handed in to the Department of Planning on Wednesday.
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FOLLOW-UP: MOMS ABROAD
Brits oppose Bermudian benefit seekers
U.K. taxpayers have reacted angrily to our reports that Bermudian single mums are emigrating to their country to take advantage of the benefits system. The Bermuda Sun reported last week on an increasing trend for poor families to move to the U.K.
Tourism suffers as Americans stay at home, says UBP
Bermuda’s tourism sector will continue to struggle as America is still battling to recover from the recession, according to Shadow Finance Minister Bob Richards. He said the fragile U.S. economy means people have less disposable income so are saving money by taking “staycations” — vacations at home — instead of …
BELCO praised for providing work for Bermudians
In May, with the assistance of the Ministry, BELCO employed six workers from the Hustle Truck to do a variety of maintenance jobs at the company’s Central Plant, and four of the workers continued through mid-August.
Statistics show increase in air arrivals
Air arrivals to Bermuda are up by more than three per cent this quarter compared with the same quarter of 2009. This increase has been attributed primarily to an influx of tourists from Canada.
$2bn Morgan's Point project to create jobs boom
Thousands of jobs will be created in a $2 billion redevelopment of Morgan’s Point — a project “all Bermudians can be proud of”. This is the promise of the developers behind the proposed five-star tourist resort.
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