News from Cayman:
Cayman Islands financial industry welcomes offshore research study
May 14, 2012
GEORGE TOWN, Cayman Islands -- Cayman Finance, a private-sector membership-based organisation established to promote the Cayman Islands’ financial services industry, on Friday welcomed the results of an independent study on due diligence.
Non-stop service launched between Dallas and Cayman Islands
May 9, 2012
GEORGE TOWN, Cayman Islands -- Cayman Airways has announced the launch of non-stop service from Dallas/Fort Worth International Airport to Grand Cayman to commence this June. Effective June 23, 2012 - September 2, 2012, Cayman Airways...
Cayman Islands and Brazil identified as top business partners
May 8, 2012
GEORGE TOWN, Cayman Islands (GIS) -- A delegation from the Cayman Islands Ministry of Finance (Financial Services), led by Chief Officer Dr Dax Basdeo, recently attended the Brazil Investment Summit in São Paolo, and also met with key players...
Cayman Islands special economic zone extends its international reach
May 7, 2012
GEORGE TOWN, Cayman Islands -- Cayman Enterprise City (CEC), the first technology-based special economic zone of its kind in the Caribbean, is aggressively pursuing channel partnerships to extend its reach in Latin America, North America and...
Cayman Islands premier hits out at Britain
May 5, 2012
GEORGE TOWN, Cayman Islands -- Cayman Islands Premier McKeeva Bush has accused British officials, including the British-appointed governor and police commissioner, of conducting baseless investigations into his handling of government contracts.
Chevron concludes sale of Caribbean assets
May 2, 2012
NASSAU, Bahamas -- Chevron has concluded the sale of its fuels marketing and aviation business in The Bahamas, Cayman Islands and Turks and Caicos to a French multinational energy company. Vitogaz, a wholly-owned subsidiary of RUBIS, will acquire a...
Cayman Islands holds cruise ship disaster exercise
May 1, 2012
GEORGE TOWN, Cayman Islands (GIS) -- A mock major cruise ship 'accident' in George Town Harbour last Tuesday saw top Cayman Islands' officials, especially emergency responders, turn out in force to react to the planned exercise.
Ship to ship oil transfer to be revived in Cayman Islands
April 27, 2012
GEORGE TOWN, Cayman Islands -- The government of the Cayman Islands has signed an agreement with Houston-based SPT Inc., a global specialist in ship to ship (STS) transfer (lightering) of crude oil and liquefied natural gas, to revive...
Cayman Islands premier facing three police investigations
April 23, 2012
GEORGE TOWN, Cayman Islands -- A spokesman for the Royal Cayman Islands Police Service (RCIPS) confirmed on Saturday that Cayman Islands premier McKeeva Bush is now the subject of three separate police investigations.
UK minister discusses procurement in Cayman Islands
April 21, 2012
GEORGE TOWN, Cayman Islands -- Britain’s Minister for the Overseas Territories, Henry Bellingham, discussed government procurement policies and practices during a round table meeting on Friday morning with Commission for Standards...
Cubans migrants arrive in Cayman Islands
April 21, 2012
GEORGE TOWN, Cayman Islands -- A Cuban vessel arrived in the Cayman Islands with 27 males and 1 female on board, during the late afternoon hours of Wednesday. While in Cayman Islands territorial waters, the craft reportedly developed problems with...
British overseas territories minister arrives in Cayman Islands
April 20, 2012
GEORGE TOWN, Cayman Islands (GIS) -- Britain’s Minister for the Overseas Territories Henry Bellingham arrived in Grand Cayman on Wednesday evening on his first visit to the Cayman Islands. The main objective of the minister's visit...
Cayman Islands Wildlife Encounter launches new turtle tracking research program
April 19, 2012
GEORGE TOWN, Cayman Islands -- Embarking on a new research and conservation initiative, the Cayman Turtle Farm: Island Wildlife Encounter has introduced a new element to their already famous release program. “Tag and Track”.
Regional CMOs gather in Cayman Islands
April 17, 2012
GEORGE TOWN, Cayman Islands (GIS) -- Cayman Islands Minister of Health, Mark Scotland, on Monday morning declared open the 20th meeting of regional chief medical officers. The two-day Caribbean Community (CARICOM) event...
Nassau Grouper recovery efforts put Cayman Islands on world conservation map
April 17, 2012
GEORGE TOWN, Cayman Islands -- Recent scientific evidence shows that a ten-year effort to protect the spawning aggregation sites for the endangered Nassau Grouper has resulted in a growing and healthy population of the species on the reefs...
Technology-based special economic zone launches in Cayman Islands
March 8, 2012
GEORGE TOWN, Cayman Islands -- Cayman Enterprise City (CEC), the first technology-based special economic zone of its kind in the Caribbean region, is now open for business and welcoming its first clients. The official launch of the SEZ was...
Cargo inspection goes hi-tech in the Cayman Islands
February 3, 2012
GEORGE TOWN, Cayman Islands (GIS) --With a new non-intrusive inspection system (NIIS) days away from going operational, the Customs Department in the Cayman Islands will soon put into action its long standing goal of inspecting every...
Cayman Islands financial sector responds to reports of Romney links
January 20, 2012
GEORGE TOWN, Cayman Islands -- Richard Coles, chairman of Cayman Finance, a private sector organisation established by the Cayman Islands financial industry, on Thursday responded to a report on US network television network ABC that...
Court TV in the Cayman Islands
January 17, 2012
GEORGE TOWN, Cayman Islands (GIS) -- Inmates detained in prison in the Cayman Islands while on remand will soon address the courts, and consult with their lawyers, from the confines of the penal system, following the introduction of CCTV links.
Cayman Islands getting ready for bill of rights
January 14, 2012
GEORGE TOWN, Cayman Islands (GIS) -- The advent of a Bill of Rights in the Cayman Islands in November this year will sharpen focus on how the three branches of government interact to the rule of law, including human rights and good governance.
Saving sharks in the Cayman Islands
January 7, 2012
GEORGE TOWN, Cayman Islands -- On Thursday, Overseas Territory Environment Programme (OTEP) project leader Dr Mauvis Gore gave a short, illustrated presentation on some of the main findings of the Cayman Shark and Dolphin Project.
Search for new energy in the Cayman Islands
December 23, 2011
GEORGE TOWN, Cayman Islands (GIS) -- The Electricity Regulatory Authority of the Cayman Islands (ERA) has announced the beginning of the process of competitive procurement for new power generation capacity on Grand Cayman.
Nassau grouper fishing ban extended in the Cayman Islands
December 17, 2011
GEORGE TOWN, Cayman Islands -- A groundswell of public support generated by Guy Harvey’s latest film The Mystery of the Grouper Moon has prompted the Marine Conservation Board of the Cayman Islands to extend a ban on fishing the Nassau grouper...
Cayman is top funds domicile
December 15, 2011
GEORGE TOWN, Cayman Islands -- The Cayman Islands has been named the most favoured domicile in Hedge Funds Review’s Service Providers Rankings, a survey completed by more than 1,000 hedge funds, funds of hedge funds, and investors.
Cayman Islands studies Jamaica's procurement procedures
November 30, 2011
KINGSTON, Jamaica -- Premier of the Cayman Islands, McKeeva Bush, was in Jamaica this week as head of a six-member team on a study tour from November 28-29. Bush and his team, who are guests of the Ministry of Finance and Planning...
Overseas territories meeting concludes in London
November 25, 2011
LONDON, England -- Henry Bellingham, Minister for the Overseas Territories, hosted the Overseas Territories Consultative Council (OTCC) on 23-24 November 2011 in London with premiers, chief ministers and other elected representatives...
Cayman Islands premier calls for fairer taxes on flights to Caribbean
November 25, 2011
LONDON, England -- Cayman Islands Premier McKeeva Bush has urged the UK government to change the way it administers the controversial Air Passenger Duty (APD). In a letter sent on Thursday, Bush encouraged British Chancellor George Osborne...
Britain and Cayman Islands sign new fiscal responsibility agreement
November 24, 2011
LONDON, England -- Britain’s Foreign Office Minister for the Overseas Territories, Henry Bellingham, and McKeeva Bush, premier of the Cayman Islands, signed a framework for fiscal responsibility for the Cayman Islands on Wednesday in London.
Cayman Islands premier emphasises positive message
November 23, 2011
LONDON, England -- Cayman Islands Premier McKeeva Bush said he wants to leave the British government and the rest of the world in no doubt about the propriety of his territory’s financial services Industry.
New strategy for British overseas territories
November 22, 2011
LONDON, England -- The UK government's new strategy for its Overseas Territories will be at the heart of discussions at the annual Overseas Territories Consultative Council (OTCC) in London on 23-24 November.
Cayman Islands white paper report released
November 21, 2011
GEORGE TOWN, Cayman Islands (GIS) -- Praising the voluntary members for their civic mindedness, Cayman Islands Premier McKeeva Bush received the 1999 White Paper Review Committee's public consultation report on Friday afternoon.
Caribbean adventure tour company introduces Caymankind
November 21, 2011
MONTEGO BAY, Jamaica -- Island Routes Tours brings its best-of-the-best philosophy and ground breaking industry standards to the Cayman Islands, now expanding its roster to seven destinations that showcase the unique culture and attractions in...
Cayman Islands visa requirements changed for Jamaicans
November 18, 2011
GEORGE TOWN, Cayman Islands (GIS) -- The Cayman Islands Cabinet this week approved an amendment to the Immigration Regulations (2010 Revision) that exempts Jamaican nationals of a particular age from visa requirements to travel to Cayman.
Britain insists on fiscal responsibility from the Cayman Islands
November 16, 2011
GEORGE TOWN, Cayman Islands -- The United Kingdom government has asked the government of the Cayman Islands to sign a mutually agreed framework for fiscal responsibility (FFR). Economists in Britain’s Foreign and Commonwealth Office (FCO)...
More Cuban boaters arrive in the Cayman Islands
November 16, 2011
GEORGE TOWN, Cayman Islands (GIS) -- Immigration officials in the Cayman Islands intercepted 17 Cuban migrants -- 16 males and one female -- after their boat ran aground off Cayman Brac on Saturday night. All appeared to be in good health.
New director appointed of Cayman Islands London office
November 15, 2011
LONDON, England -- The Cayman Islands government has appointed Lord Blencathra as director of its London office. Lord Blencathra (formerly David Maclean) was MP for Penrith and The Border from 1983-2010 and Conservative Chief Whip...
Insurance assets in the Caribbean, Panama and Costa Rica to change hands
November 10, 2011
NEW ORLEANS, USA -- Pan-American Life Insurance Group (PALIG), a leading provider of life and health insurance in Latin America and the United States, has announced a definitive agreement to acquire select businesses and assets in the...
Cayman Islands court awards default judgment in $9.2 billion lawsuit
November 9, 2011
GEORGE TOWN, Cayman Islands -- The Grand Court of the Cayman Islands has granted a default judgment in favour of Ahmad Hamad Algosaibi & Brothers (AHAB) against Maan Al Sanea “for conspiracy and breach of fiduciary duty."
French petroleum distributor expands in the Caribbean
November 8, 2011
PARIS, France -- French petroleum products distributor Rubis is to acquire Chevron's fuel distribution operations in The Bahamas, the Cayman Islands and the Turks and Caicos Islands. The deal represents additional turnover for Rubis of US$230 million.
Filipino workers banned from eleven Caribbean countries
November 7, 2011
MANILA, Philippines -- The government of the Philippines has announced a ban on the deployment of overseas Filipino workers (OFWs) to 41 countries, including 11 in the Caribbean. The Philippine Overseas Employment Administration...
