ABIC Education Awards: 35 Years, 500 Students and Many Success Stories

ABIC is marking the anniversary of the Island’s largest and perhaps its most successful program to educate young Bermudians. Roy Fellowes , the Chairman of the Education Awards, describes the scholarship program, “For 35 years, promising students eyeing careers in Bermuda’s International Business sector have been able to get significant support for their university expenses […]

ABIC Responds to 2012 Budget

After an initial review of today’s Budget Statement, ABIC supports the Government’s commitment to targeting a reduction in deficit and debt levels over the medium to long term. In addition, ABIC is pleased to see that payroll taxes and their corresponding thresholds will be maintained at last year’s levels with modest fee increases on other […]

ABIC Supports Government Policy to Retain and Attract Job Producers

Mr. George Hutchings, Chairman of The Association of Bermuda International Companies (ABIC), has confirmed that ABIC supports the Premier’s announcement of the Guidelines the Incentives for Job Makers Act. Mr. Hutchings commended the Premier on the recent important steps that have been taken to retain job producers in Bermuda. More certainty has been given to […]

ABIC Responds to 2011 Bermuda Budget

Hamilton, Bermuda, February 21, 2011. The Association of Bermuda International Companies (ABIC) has praised the 2011-2012 Budget Statement for its commitment to the overall cost-cutting measures needed to address the high costs of operating a business in Bermuda. “ABIC acknowledges the difficulties in framing a budget in the current economic climate, “said ABIC Chairman George […]