What Business conglomerate incorporated in Bermuda is closely associated with Matheson & Company?
Matheson &amp; Company Matheson & Company was a London-based trading house closely associated with Jardine Matheson of Hong Kong and Jardine Skinner of Calcutta. It arranged finance and handled imports from those two companies of products such as tea, silk and jute. Matheson & Company also became involved in venture-capital, specializing in mining. The company was a member of the consortium that formed the Rio Tinto Company. After 1912 it became a subsidiary of Jardine Matheson.
Economy of Bermuda Bermuda, a British Overseas Territory, enjoys one of the highest per capita incomes in the world, having successfully exploited its location by providing financial services for international firms and luxury tourist facilities for 360,000 visitors annually. The tourist industry, which accounts for an estimated 28% of GDP, attracts 84% of its business from North America. The industrial sector is small, and agriculture is now severely limited by a lack of suitable land. About 80% of food is imported. International business contributes over 60% of Bermuda's economic output; a failed independence vote in late 1995 can be partially attributed to Bermudian fears of scaring away foreign firms. Government economic priorities are the further strengthening of the tourist and international financial sectors.