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Notice Auditor General’s NBP Report Release Postponed The press briefing scheduled for 11:00 am on Monday (10) morning relating to the performance audit report on the Management of the Nation Building Programme will be postponed to a yet to be…
Cayman Islands: The RCIPS welcomes new recruits
The Royal Cayman Islands Police Service (RCIPS) is delighted to welcome new recruits to its ranks. The local recruitment drive launched on 30 March has concluded, and eight candidates, five men and three women, were sworn in today as the…
In charge of your big day away on the Cayman Islands
From Islands JoAnne V. Brown “makes miracles from scratch.” She’s the founder and CEO of Celebrations Ltd., a full-service wedding and event firm with 48 full-time employees: planners, designers, production crew, florists and laundry team (try washing linens for an…
The Editor Speaks: A very happy Independence Day for Jamaica
Thursday (6) was the day Jamaicans celebrated their Independence from the British 53 years ago. They also celebrated Emancipation, combining the two, even though the latter should be celebrated on Aug 1st. I suppose it is too close for two…
Vantage Drilling Company responds to media reports
HOUSTON, TX — (Marketwired) — 07/30/15 — Last night, Brazilian media reported that Vantage Drilling Company’s (NYSE MKT: VTG) agent utilized during the contracting of the Titanium Explorer drillship with Petrobras, Mr. Hamylton Padilha, has made statements in cooperation with…
Greenlight Re reports Q2 net loss of $39.6m on investments, legacy business
From Insurance Journal August 5, 2015 Cayman Islands-based Greenlight Re reported a net loss of $39.6 million for the second quarter of 2015, compared to net income of $109.6 million for the same period in 2014. The net loss per…
Barbados sees record-breaking tourism arrivals for first half of 2015
From CARIBBEAN360 BRIDGETOWN, Barbados, 2015 – Barbados recorded 303,592 long-stay visitors during the first six months of this year, marking the first time in the 29 years of recording tourism statistics that the destination has ever topped 300,000 visitors in…
A merger without the aftertaste – a Cayman Islands recipe
By Ramesh Maharaj and Melissa Lim from Walkers Cayman Islands statutory mergers increased from 44 in 2010 to 113 in 2014, and show no signs of any slowdown. What is behind this growth? The simple answer is “opportunity”. The myriad…
Cayman Islands: Corporate subscription financings – a sheep in wolves’ clothing
By Ramesh Maharaj and Alexandra Woodcock from Walkers Convention dictates that a Cayman Islands exempted limited partnership (ELP) be utilised for offshore private equity fund subscription financings. The process is relatively straightforward. A limited partner commits to pay capital up…
Haiti Election Sunday (9) / Suriname bank with half billion dollars in assets acquired by Trinidad’s Republic Bank
Voting complication may cause low turnout in Haiti election By Joseph Guyler Delva From Haitian-Caribbean News Network PORT-AU-PRINCE, Haiti (HCNN) — The multitude of candidates and political parties and other technical problems, involved with Haiti’s upcoming elections, are likely to…
