News

Nominations Sought for the 2022 Outstanding Technology Innovation Awards

The Economic Development Department (EDD) is pleased to announce the launch of the annual Technology Innovation Awards, otherwise known as the Tech Awards. 

Since 2007, the EDD has proudly celebrated the best Bermuda-based companies…

Update on St. George’s Marina project

“I’m pleased by the progress of the preliminary work underway in the East-End for the construction of the St. George’s Marina. We promised to advance this construction and that promise is being kept. 

“There is no doubt that when this…

Governor and National Security Minister visit Regiment’s Junior Leaders

Recently Her Excellency the Governor, Rena Lalgie and the Minister of National Security Michael Weeks, JP, MP, visited Warwick Camp to spend some time with the Royal Bermuda Regiment’s Junior Leaders.

The Royal Bermuda Regiment Junior…

Public invited to attend a meeting on community violence and anti-social behaviour

“Genuine and consistent community involvement in addressing community violence and anti-social behaviour is what’s vitally needed right now,” said the Minister of National Security Michael Weeks, JP, MP, as he gets set to host an…

April 2022 RSI Report

Today, the Ministry of Economy and Labour released the April 2022 Retail Sales Index. 

April’s retail sales grew 14.2 per cent compared to last year. In value terms, retail sales increased to an estimated $100.1 million. 

…

April 2022 CPI Report

Today, the Minister of Economy and Labour, the Hon. Jason Hayward, JP, MP, released the April 2022 Consumer Price Index publication from the Department of Statistics. 

The Minister explained, “In April 2022, consumers paid 3.5…

Skyport Minimum Revenue Guarantee

Mr. Speaker, on the 12th November 2021, I advised this honourable House of the payments made as set out in the Project Agreement between Skyport and the Bermuda Airport Authority. I wish to provide the House with an update on the…

Approved Residential Schemes Guidelines: Promoting Growth in the Economic Empowerment Zones

Good morning, Mr. Speaker,

I am pleased to rise today to provide to the Members of this Honourable House an overview of the Approved Residential Schemes Guidelines (the “Guidelines”). These Guidelines will function as one…

The BTA Annual Report 2021, the 2021 Audited Financial Statements & Update on Tourism

Good afternoon Mr. Speaker, 

Today, I will table the Bermuda Tourism Authority's Annual Report and Audited Financials for the 2021 fiscal year and give a brief overview of the state of tourism so far this summer.

The Authority…

Update on Economic Investment Certificate in Bermuda

Good morning, Mr. Speaker,

I am elated to rise today to present to this Honourable House an update on investment in the Economic Investment Certificate in Bermuda.

The total number of Economic Investment Certificate…