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Month: April 2013

Faith Hospital built on Faith celebrates its 40th Anniversary

Sunday 21st April 2013 was the 40th anniversary of the Faith Hospital in Cayman Brac. Faith Hospital is a dynamic community 18 bed hospital, serving the residents of Cayman Brac and Little Cayman providing services in general medicine, internal medicine,…

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Deloitte responds to regulatory changes with senior hire

Ainhoa Barcelona, Wealth briefing Reporter in London Deloitte has appointed financial services reward specialist Helen Beck as a partner in its compensation and benefits practice based in London. She joins at a time when the firm and its peers are…

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PPM says it’s all about the differences, one man rule and fiscal irresponsibility

The Peoples Progressive Party Movement (PPM – The Progressives) on Transparency and Accountability The Progressives decry reports that the Airport Authority’s Board minutes demonstrate a conflict of interest by Board Members. It is this type of behavior that must end…

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Cayman Islands: Cayman creates incorporated cell companies

Article by Wendy Lee, Harneys 23 April 2013 The Amendment permits a new or existing SPC to incorporate a PIC on behalf of a relevant cell or segregated portfolio.  The PIC, instead of the segregated portfolio, would then conduct the…

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World Bank urges Caribbean to ‘propel domestic engines of growth’

From Antigua Observer –CMC WASHINGTON (CMC) – The World Bank has urged Latin America and the Caribbean (LAC) to “propel domestic engines of growth”, stating that the “formidable global tailwinds” that facilitated robust economic growth and social inclusion in the…

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Leaders urged to put tourism on front burner

by Caricom News Network Dr Rufus Ewing, Premier of the Turks and Caicos, has echoed a call by T&T’s Tourism Minister Stephen Cadiz for regional leaders to put tourism high on the agenda. Premier Dr Ewing, speaking at the final…

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Investors redefine risk, think “New Normal” is here to stay – UBS Survey

Eliane Chavagnon, Wealth Briefing reporter in London Wealthy investors are much more upbeat about their financial situation and seem to have redefined their perception of “risk,” according to UBS Wealth Management Americas’ third Investor Watch report. According to the survey…

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Britons’ shameful moment

Written by Sir Ronald Sanders The lady was dead. Margaret Thatcher, who dominated British political life and the transformation of a sick economy to a vibrant partner in Europe, was no more.  In the words of the Bishop of London…

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Cayman captive industry unveils new brand at RIMS

The Royal Gazette The Cayman Islands captive insurance industry said it has launched a new brand to promote its integrity and transparency in international markets with the tagline “Cayman Islands. Clearly Better Business.” “It is no secret that Cayman is…

Making a difference is Biggie’s deal

From a construction giant to a busy farmer, the soft-spoken Kent Rankin is now a titan in local farming circles. As such, he earned the Minister’s Award for the Most Outstanding Farmer. He also took home trophies as runner-up for…