Economics Committee

The Economics Committee of the Bermuda Chamber of Commerce serves as a key resource for businesses, policymakers, and the broader community by providing insights into Bermuda’s economic landscape. Our committee is dedicated to fostering informed discussions, analyzing economic trends, and advocating for policies that support sustainable business growth and economic development.



March 2025 Report

The content of this paper serves as a continuation of the important discussions that were initiated by the Chamber of Commerce Economic Committee earlier this year. These discussions encompassed a variety of significant events, including the insightful presentations delivered during the 2024 Budget Breakfast, which provided a comprehensive overview of the economic landscape. Additionally, the Data Deep Dives allowed for a more in-depth analysis of the data, fostering a collaborative environment for stakeholders to engage with the information. 

Furthermore, the Chamber of Commerce hosted several other discussions and forums, which provided valuable opportunities to review and scrutinize the data in greater detail, ensuring that all perspectives were considered in the ongoing dialogue about our economic future.

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Tony Fred, Chair

Founder and chief visionary, Tony is the driving force behind the company. He loves to keep his hands full by participating in the development of the software, marketing, and customer experience strategies.

Mich Stark, Co-Chair

Mich loves taking on challenges. With his multi-year experience as Commercial Director in the software industry, Mich has helped the company to get where it is today. Mich is among the best minds.

Our Mission

Our mission is to enhance the economic vitality of Bermuda by engaging stakeholders in meaningful discussions, facilitating data-driven decision-making, and supporting initiatives that contribute to a strong and resilient economy. 

Key Objectives

  • Economic Research & Analysis: Conducting and disseminating research on Bermuda’s economy, business environment, and global economic influences.
  • Advocacy & Policy Recommendations: Providing recommendations on policies that impact businesses and economic sustainability.
  • Business Engagement: Collaborating with local businesses to understand their challenges and opportunities.
  • Public Awareness & Education: Organizing events, panel discussions, and reports to keep stakeholders informed about economic trends and forecasts. 

Areas of Focus

  • Economic diversification and industry growth
  • Employment and workforce trends
  • Inflation, taxation, and fiscal policies
  • Global economic developments affecting Bermuda
  • Business innovation and competitiveness

Get Involved

The Economics Committee welcomes participation from business leaders, economists, policymakers, and professionals interested in contributing to the economic success of Bermuda. If you are interested in joining the conversation or learning more about our initiatives, please contact our Divisional Advocate & Training Manager, Adrienna Forbes at aforbes@bcc.bm.