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Day: May 28, 2012

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Concerns over Cayman Islands Consolidated Water deal with Npdevco

BISX-listed Consolidated Water yesterday said its $14 million joint venture water supply deal with New Providence Development Company (NPDevCo) would ultimately supply “everything bar Albany” west of Lynden Pindling International Airport (LPIA), although not everyone is happy with their 25-year…

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Rare Cayman Island stamps

Below are some rare Cayman Islands stamps. These are among the most scarce and rare Cayman Islands stamps ever sold! If you have one you might want to get it valued and insured! These were listed by Sandafayre on their…

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Alibaba’s “Scheme” to seek sanction by Cayman Islands Grand Court

Alibaba Group Holding Limited (“Alibaba Group”) and Alibaba.com Limited jointly announced that the proposal for the privatisation of Alibaba.com by way of a scheme of arrangement (“Scheme”) has been approved by a sufficient majority of the independent shareholders of Alibaba.com…

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Statement by Premier and Minister of Finance Dr. the Honourable D. Orlando Smith, OBE

Statement by Premier and Minister of Finance Dr. the Honourable D. Orlando Smith, OBE on behalf of: the British Virgin Islands, Anguilla, the Cayman Islands, Montserrat and the Turks and Caicos Islands 42nd annual meeting of the board of governors…

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Turner’s Classic Movies (TCM) cruise coming to Grand Cayman

With the unprecedented success of the 2011 cruise, Turner’s Classic Movies (TCM) have announced a second voyage slated to depart from Miami on January 21, 2013. During the six-day voyage, the Celebrity Constellation will make its way from Florida to…

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Spain’s Bankia asks for $24B in state aid

(AP) — Spain’s troubled bank, Bankia, asked the Spanish government for €19 billion ($23.8 billion) in financial support on Friday, the day that a leading credit rating agency downgraded it to junk status. Jose Ignacio Goirigolzarri, the bank’s president, said…

Terror at Television Station

One of the accompanying photos is of architect Rupert Ackermon’s impression of how the Television Centre was invisaged to look when it started construction in 1994. It did look like it at first but as time has passed by its…

Editorial Editors Choice iOpinion Our Eye

The Editor Speaks: Yes I am repeating myself but it is APPALLING!!

Friday, I had another “go” at the bloggers and I have to repeat myself because what I read today is APPALLING!! So here is another “GO” at them! My friends (yes I still have a few) often mock me when…

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Cayman Islands Auditor General attends regional conference in Jamaica

The Auditor General of the Cayman Islands, Alastair Swarbrick, recently attended a meeting of the Caribbean Organization of Supreme Audit Institutions (CAROSAI). The meeting was held in Kingston, Jamaica from May 7 to 9 with the other twenty-one Auditors General…