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Day: December 23, 2014

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iNews Briefs

Cayman Islands Insurance Managers welcomes new Cayman Finance CEO The Insurance Managers Association of Cayman congratulates Mr. Jude Scott on his appointment as CEO of Cayman Finance. IMAC Chairperson Rob Leadbetter personally extended his warm wishes: “Mr. Scott is well-known…

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Cayman Islands Premier’s Christmas Message 2014

By Premier Hon. Alden McLaughlin, MBE, JP, MLA It is hard to believe that we have arrived at another season of Christmas, of love, giving, caring and fellowship. It seems this wonderful season comes more quickly each year as I…

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The Editor Speaks: I must be plain daft!

Virgin Islands Commissioner Beverly Nicholson-Doty in our article today “V.I. tourism community looks to opening of Cuba”: “….. the maxim ‘a rising tide raises all boats’ should hold true. This news puts the spotlight on the Caribbean region as a…

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Cayman Islands Crime Stoppers announces reward for info Cayman Brac robbery

Cayman Crime Stoppers has launched an official appeal for information concerning damage to and thefts from the residence of Frank and Kathleen O’Brien at 12 Southside Road, Cayman Brac. The exact date of the burglary is not known, but it…

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PKR demands full details of 1MDB’s Cayman Islands funds

From The Malaysian 1Malaysia Development Berhad (1MDB) should disclose and publish a full account of its billion ringgit funds parked in the Cayman Islands, PKR said today. Its Kelana Jaya MP, Wong Chen, in a statement today said the strategic…

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Worst ‘coral bleaching’ in nearly 20 years may be underway, scientists warn

By Andrew Freedman From Mashable In 1998, one of the most powerful El Niño events on record sent Pacific Ocean temperatures soaring to such heights that almost 20% of the world’s coral reefs experienced significant bleaching. Some of the reefs…

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Fifa and Sepp Blatter in secret talks about president’s future [Cayman Islands Jeff Webb mentioned as possible successor)

By Richard Conway From BBC Secret talks between Fifa officials and Sepp Blatter have taken place over his future as the president of football’s world governing body, BBC Sport has learned. The discussions, involving representatives from a number of football…

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Virgin Islands tourism community looks to opening of Cuba

By Aldeth Lewin From Virgin Islands Daily News ST. THOMAS – As the news about Cuba broke last week, the territory’s tourism industry had mixed reactions. On one hand, the added competition in the region could reduce travel to the…

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Private equity makes big move into the Caribbean resorts market

By David Eisen From Hotel Management Looks like private equity has a taste for Caribbean—and this was even before news of reconciliation between the U.S. and Cuba. As Bloomberg reports, private equity companies from Bain Capital Partners to Sam Zell’s…

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Cayman Islands Tortuga Rum Cakes sell like hot cakes on HSN

Grand Cayman – Just in time for the holidays, Tortuga Rum Cakes was featured on entertainment lifestyle retailer HSN during two live shows that aired on Friday, December 19th. During the “Last Minute Food Gifts” segment with ​HSN host, Bill…