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Island looks beyond the short term

The development of Bermuda into one of the world's leading centres of insurance, after New York and London, owes much to the distinctive regulatory and low taxation regime developed by what is now the United Kingdom's most populous remaining colony, following the handover of Hong Kong to China in 1997. ...more


ECONOMY:
Golden geese fly to the rescue
Based on a remote archipelago that makes up a land mass of only 21 square miles, Bermuda has one of the world's most unusual - and apparently enviable - economies. Gross domestic product exceeds $2.3bn, growth is running at about 4 per cent and inflation hovers around 2 per cent. ...more


EXCHANGE:
Off-shore but not out of touch
The Bermuda Stock Exchange (BSX) markets itself as the world's first fully-electronic offshore securities market. Established by the three locally-licensed Bermudian banks in 1971, the BSX has developed in the past few years into an international offshore equities market specialising in listing capital market instruments. ...more


EXPANSION:
Island is launching pad
The remarkable story of the Bermudian insurance industry is entering a new phase, with the island now being used as a launching pad for the global expansion of its most successful companies. ...more


INDEPENDENCE:
Not necessarily costly
Walton Brown speaks passionately and cogently about what he considers to be an inevitable change in Bermuda's political status. As chairman of the committee for the independence of Bermuda, he tries to debunk some common perceptions about the impact of independence on the island. ...more


E-COMMERCE:
A place in the sun for the digital revolution
The buzzword in Bermuda at the moment is e-commerce, the use of the internet that promises to transform business practices around the world - including in offshore financial centres. ...more


PROPERTY:
Market tightens as supply dries up
Bermuda's planners have been walking a fine line for many years. Tightly limited supply, inevitable in a tiny island already extensively developed with low-rise accommodation, is one side. Huge demand, from wealthy foreigners who have spotted the attractions of a coral island both for business and pleasure, is the other. ...more
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