The Department of Environment and Natural Resources is advising the public that a temporary restriction on the movement of all kept birds across Bermuda will take effect immediately and remain in place until 21 September 2026.
His Excellency the Governor, Andrew Murdoch CMG welcomed UK Export Finance (UKEF) to Bermuda on 17 - 19 November 2025. The UK government’s export credit agency, UKEF are a key partner in enabling global trade and investment offering a range of competitive financial products. They have supported projects in over 200 countries, from renewable energy developments in Africa and Asia to major infrastructure and transportation projects in the Caribbean, Middle East and Latin America. In partnership...
The Ministry of Public Works and Environment is pleased to announce the completion of the Scaur Hill safety enhancement project on Somerset Road, Sandys, which was on budget and schedule. As of today, the area has fully reopened to regular traffic. Since 30 September 2024, a two-way alternative traffic system has been in place to facilitate construction, including rebuilding a 230-foot retaining wall. With the project's successful completion, these temporary traffic measures have ended....
Following another Supply Chain meeting, which was held today at 3 p.m., the Ministry of National Security wishes to update the public on the proactive measures being taken to mitigate any potential impact from the strike action by approximately 45,000 port workers along the coastal United States. Minister of National Security, Michael Weeks, stated: "Today's meeting was productive and reaffirmed our preparedness to handle any disruptions that may arise. I want to assure the public that...
Given the news of possible strike action by approximately 45,000 port workers on the east coast of the US, the Ministry of National Security wishes to assure the public that proactive measures are being taken to mitigate any potential impact on Bermuda's supply chain. Minister of National Security Michael Weeks stated: "We understand the concerns that this potential strike may cause among our residents. I want to reassure everyone that the government has been actively monitoring the situation...
Good Day to Members of the media and the listening public. I am happy to share that Bermuda's economy continues to expand and demonstrate positive economic performance. During the 2 nd quarter of 2023, the Bermudian economy grew by an estimated 2.3 per cent year-over-year after adjusting for inflation. Economic expansion was a direct result of increased household and Government expenditure and Business Investment. GDP in current prices increased by 3.9 per cent during the second quarter....
The Ministr y of Economy and Labour released the July 2023 CPI from the Department of Statistics today. In summary, consumers paid 2.8 per cent more in July 2023 than a year ago for the basket of goods and services included in the Consumer Price Index [CPI] . This level of inflation increased from the June 2023 annual inflation rate of 2.7 per cent. Some highlights for July 2022 to July 2023 include: The Food sector was the largest contributor to the twelve-month increase in the CPI (+5.9 per...
Today, the Ministry of Economy and Labour released the July 2023 Retail Sales Index publication (attached). July’s retail sales volume increased 3.0 per cent compared to last year. In value terms, retail sales increased to an estimated $113.7 million, which represented a 7.5 per cent rise in sales value year-to-year. Five of the seven sectors recorded year-over-year volume index increases in July 2023: Motor Vehicle Stores’ sales volume grew 18.3 per cent. Service Stations’ sales volume...
Today, the Ministry of Economy and Labour released the May 2023 Retail Sales Index publication (attached). May's retail sales volume decreased 0.2 per cent compared to last year. In value terms, retail sales increased to an estimated $107.5 million. Six of the seven sectors recorded year-over-year volume decreases in May 2023. The sales volume for Food Stores fell 3.9 per cent. The Liquor Stores' sales volume fell 8.3 per cent. Service Stations' sales volume decreased 2.5 per cent. The sales...
Consumers paid 3.1 per cent more in May 2023 than they did a year ago for the basket of goods and services included in the Consumer Price Index [CPI] . The Ministry of Economy and Labour released the May 2023 CPI from the Department of Statistics. “In summary, during May 2023, consumers paid 3.1 per cent more than they did a year ago for the basket of goods and services included in the CPI. This level of inflation declined from the April 2023 annual inflation rate of 3.8 per cent.” “The Food...
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