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January 3, 2023
What to expect in 2023: it’s hard to believe that the post-Covid world at one point was supposed to usher in a new consumer-led boom worthy of the “Roaring Twenties”. Instead, crises have only kept pi...
December 30, 2022
The next step of a pilot programme using digital tokens to benefit vendors and residents has been delayed, the Ministry of Finance confirmed. The Digital Stimulus programme, announced in September 202...
December 30, 2022
The Ministry of Finance has reminded payroll tax rebate applicants and their employers to follow up with their government applications. The ministry has received 5,116 applications from employees and ...
December 23, 2022
Switzerland expects to conclude a deal with Britain on cooperation in financial services by late summer next year.
December 19, 2022
The Bermuda Stock Exchange listed financial services investment holding company, Somers Ltd., has reported a net loss over the second half of the year and substantial declines in shareholders’ equity ...
December 19, 2022
Bermuda’s nascent fintech sector has experienced its fair share of failures in the past four years and is now feeling the effects of the high-profile collapse of FTX, the world’s second-largest cr...
December 19, 2022
Bermuda’s fintech sector is small but thriving under the watchful gaze of the island’s financial regulator, according to industry professionals. The Royal Gazette spoke with many of the 16 compani...
December 12, 2022
The Bermuda Monetary Authority was praised as a world-class financial authority by MPs in the House of Assembly on Friday. The plaudits came after legislators passed a Bill to create a new class of in...
December 9, 2022
An average of about 40 more people a month received financial assistance in 2021-22 compared to the previous year, the House of Assembly heard today. Jason Hayward, the Minister of Economy and Labour,...
December 8, 2022
The number of ultra-rich individuals and their total wealth has declined slightly this year.