AGP Executive Report
Last update: 2 hours agoAffordable Housing Finance: Housing Minister Zane DeSilva says Bermuda Commercial Bank has provided a government-guaranteed $64m loan to the Bermuda Land Management Corporation to build 84 homes across St David’s (Tommy Fox Road) and Sandys (Albert Row and Victoria Place), with construction expected to start in August. Healthcare Capacity: Hope Healthcare is renovating the former Telford Nursing Home in Paget into a medical facility aimed at easing King Edward VII Memorial Hospital’s bed shortage, adding 15 beds and specialist services. Public Sector Accountability: Police Commissioner Darrin Simons responds to Pati breaches, saying the Bermuda Police Service handled 463 of 1,416 public access requests since 2015 and that delays stem from resource limits and coordination gaps rather than bad faith. Airport & Property Development: Skyport is inviting qualified operators to run two VIP lounges at LF Wade International Airport from Jan 1, 2027, while BLMC is running a market-sounding exercise for long-lease development at Marginal Wharf (Ships’ Wharf). Business & Markets: The Bermuda Stock Exchange saw 2,229 shares trade on June 22, with Allshores up 6.3% to $25.49. Tech & Finance: Bitcoin Suisse says its Liechtenstein unit has received a MiCAR CASP licence, expanding crypto services across parts of the EEA. Education & Skills: Students won prizes in ConnecTech’s Zillion Dollar Island financial literacy and coding contest, and CPA Bermuda announced its first Accounting Career Fair on July 1. Culture: A short documentary on Bermuda’s 1968 and 1977 riots, “Bermuda Riots Are Different,” won a top prize at Sheffield DocFest.
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