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Day: June 2, 2016

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Caribbean hoteliers look to Cuba following challenging winter season

By BRIAN MAJOR From Travel Pulse Caribbean Hotel & Tourism Association (CHTA) officials are working with Cuba’s government to help create the country’s first hotel and tourism association, said Frank Comito, CHTA’s chief executive. The Cuba initiative is one of…

Cayman legislative changes demonstrate commitment to global transparency

By Colin Riegels Contributed by Harney Westwood & Riegels LLP  From International Law Office The spotlight of the international community is shining more brightly than ever on international financial centres and those that use them, in an effort to reduce aggressive…

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Cayman Islands Deputy Governor’s 5K Challenge raises $60,000 for new ambulance

The 2016 DG’s 5K Challenge raised $60,000 for Cayman Heart Fund’s appeal to buy a new ambulance, Deputy Governor Franz Manderson announced this week. The grand total is $10,000 more than the goal Mr. Manderson set for the event held…

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Maples and Calder recruits trusts specialist Ray Davern

Maples and Calder has continued to strengthen its international Trusts and Private Client practice with the appointment of Ray Davern, who joins the firm on 6 June 2016 as a partner in its London office. Ray brings with him over…

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Pacific Andes needs more time to file 2015 results as forensic review drags on

From Undercurrent News Financially troubled Pacific Andes International Holding (PAIH) has once again asked Hong Kong securities regulators for more time to file its 2015 annual report as a forensic review of the company hasn’t finished yet. The company’s 2015…

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Washington Post blamed for amending ALBA communique

From Caribbean News Now WASHINGTON, USA — Following our article on Saturday concerning the publication in last Thursday’s Washington Post newspaper of an advertisement by Venezuela, purporting to speak for all member countries of the Bolivarian Alliance for the Peoples…

Cartoon of the week

By Tony Zuvela, Cartoonist “It’s my own little World which I can escape to everyday and create a fun, weird, berserk Cartoon to whatever subject I like. I enjoy doing all the work myself, and all the aspects of Cartooning,…

Prince death: Singer died of fentanyl painkiller overdose

From BBC US singer Prince died from an accidental overdose of the painkiller fentanyl, medical examiners have found. The report, from Midwest Medical Examiner’s Office in Minnesota, comes more than a month after the singer was found slumped in a…

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Suit accuses Oracle of firing corporate whistleblower

By David Ruiz, From The Recorder SAN FRANCISCO — A former Oracle Corp. finance manager is accusing the company of firing her because she planned to “blow the whistle” on executives who urged her to falsify financial reports. Svetlana Blackburn…

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Calderwood launch brings new independent director firm to Cayman Islands

From Hedgeweek Calderwood has officially launched and is now open for business in the Cayman Islands, providing experienced independent directors to a range of investment vehicles. Calderwood has been formed by Ronan Guilfoyle and Wade Kenny, both very well known…