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Month: June 2012

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The Editor Speaks: Four robberies in one week and no level playing field

With no official condemnation of the robberies, it has been left for the Chamber of Commerce to issue a statement: “The Chamber is concerned and deplores the recent upsurge of robberies within our community. After a short period of reprieve…

Only five Cayman Island government agencies have improved practices to prevent abuse of the fuel distribution system

The Auditor General, Alastair Swarbrick, made public today (5) a follow-up report on his Office’s February 2010 audit of Fuel Card Usage and management. The report, based on work performed by the Government’s Internal Audit Unit in August 2011, also…

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Cayman Islands church minister helps Jamaican migrants in Niagara, Canada

A programme to support Jamaican workers is about hospitality, spirituality and fellowship. For 20 years, members of the Caribbean Workers Outreach Project have tried to make migrant workers, mostly from Jamaica, feel at home in Niagara, Ontario, Canada. “The idea…

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PricewaterhouseCoopers donation helps childhood centre

A very special early childhood centre recently received donations of toys, books and computers to benefit the children and management of the centre.  Earlier this year, the centre had its computer stolen.  A donation by PricewaterhouseCoopers (PWC) to the Ministry…

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Maples and Calder Donates for New School Playground

Maples and Calder recently donated CI$2,500 toward a new playground for the George Town Primary School. The school’s current playground area and equipment were badly damaged during Hurricane Ivan in 2004 and, to date, have not been replaced. With a…

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Cayman Islands judgment affects hedge funds of the Living Dead

Four years after the onset of the financial crisis, tens of billions of dollars remain locked up in illiquid “zombie” hedge funds that suspended their redemptions in the darkest days of the meltdown. Today, these funds produce little if any…

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Cayman Music School (CMS) plans 8 FREE music scholarships from Ritz concert starring Simeon Panov

Inna Kazakova is a most beautiful and gracious lady who met with me last week at the Cayman Music School (CMS) located in Grand Pavilion on West Bay Road. Inna co-owns the music school that in just a few years…

Queen’s Diamond Jubilee Services held in the Cayman Islands

There were many services held last Sunday (3) on all three Cayman Islands that celebrated the Queen’s Diamond Jubilee and I was privileged to have been able to attend to two of them. The first was a morning one at…

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Cayman Islands listed as “a recognised jurisdiction” on Hong Kong Stock Exchange (HKEx)

Delaware companies now have a roadmap to apply for a listing on the Hong Kong Stock Exchange. In February 2012, the Hong Kong Stock Exchange (HKEx) issued Listing Decision HKEx-LD24-2012, which permits companies incorporated in Delaware to list on HKEx…