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Month: December 2015

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Cayman Islands Finance Minister at Westminster Parliamentary seminar

LONDON – Minister of Finance and Economic Development Hon. Marco Archer is attending the 64th Westminster Seminar on Parliamentary Practice and Procedure. The programme began with an introduction to the Westminster System of parliamentary democracy, exploring its development and identifying…

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U.K. Serious Fraud Office enters first deferred prosecution pact, with ICBC Standard Bank

By Sue Reisinger, From Corporate Counsel ICBC Standard Bank on Monday agreed to pay $36.9 million in a global settlement with the U.S. and U.K. governments over a bribe paid to secure business with the Tanzanian government. The settlement marked…

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Olwomen of the week

7 Classic Handbags That Will Match Your Personality The Best By Jenny Smith From Olwomen The handbag is actually the prime accessory of your fashion. It signifies a woman’s taste and personality. A woman wearing a tremendously attractive dress with…

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blankets knit without needles

This woman is making a fortune selling massive blankets knit without needles By Megan Willett, Tech Insider From Business Insider If you’ve ever seen one of these thick, chunky wool blankets on Etsy or Pinterest, chances are it was made…

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JMC plenary sessions under way

LONDON – Tuesday marked Day One of the Overseas Territories Joint Ministerial Council 2015. Premier Hon. Alden McLaughlin and the Cayman Islands delegation joined other OT Governments for meetings hosted by Minister for the Overseas Territories Mr. James Duddridge at…

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Butterfield’s ‘bank of the year’ hat-trick

By Raymond Hainey From The Royal Gazette Three times in a row: Butterfield was named Bermuda’s bank of the year by The Banker once again Butterfield Bank has been awarded bank of the year in Bermuda and the Caymans. The…

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Cuba reinstates controls on doctors travelling abroad

From BBC Cuba has reinstated restrictions on doctors leaving the island to work in the United States and other countries. Doctors will now have to apply for a special permit before going abroad. Cuba’s health services have been “seriously affected”…

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Investors in China Bond Brawl deserve speedy recovery

By Jasper Moiseiwitsch From The Wall Street Journal Tianrui Group’s victory in battle for Shanshui Cement should bring bondholders back from the brink For China Shanshui Cement’s beleaguered bondholders, a near-death experience should turn out to have a somewhat happy…

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Anheuser-Busch InBev embroiled in Caribbean “poison pill” takeover row

By Andy Morton from Just Drinks As Anheuser-Busch InBev awaits the green light from regulators over its SABMiller acquisition, its Brazilian subsidiary AmBev is battling investors in a fight for control of a Caribbean beverage company. AmBev is trying to…

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CARICOM heads in France to push for Climate Action

CARICOM Heads of Government have joined their global counterparts in Paris, France for the United Nations Climate Change Conference (COP21) which runs from today to 11 December 2015. CARICOM negotiators have been working assiduously in several meetings leading up to…