More trouble at Surinam Airways
By Ray Chickrie From Caribbean News Now PARAMARIBO, Suriname — Suriname’s minister of transportation, Andy Rusland, told the media last week that his government is contemplating breaking the lease of the recently acquired Airbus 340-313 that state-owned Surinam Airways (SLM) acquired…
Caribbean and Commonwealth celebration as The Bahamas awarded VIth Commonwealth Youth Games
The Bahamas has been awarded the 2017 edition of the Commonwealth Youth Games, it was announced today, aiming to unite 1000 young athletes aged 14-18 in a Caribbean carnival of impactful competition, personal development and new Commonwealth friendships. The 6th…
Cayman Islands: Petitioning for change?
From Harneys Cayman Insolvency Update Despite the absence of a formal restructuring regime, the Courts in Cayman (and latterly by way of the Companies Law) have developed a flexible and pragmatic approach, deploying provisional liquidators to provide breathing space for…
Japan starts negative interest rates to boost economy
From Newsmax (AP) The Bank of Japan on Friday said it will charge lenders that leave too much cash on idle deposit with it, introducing a negative interest rate policy for the first time as it seeks to shore up…
Bahamas Minister outlines IDB Citizen Security Loan
From Bahamas Information Services Hon. Shane Gibson Remarks on IDB Citizen Security Loan Jan 28, 2016 – 6:51:02 PM Nassau, Bahamas – Remarks by Hon. D. Shane Gibson, M.P., J.P., Minister of Labour and National Insurance & The Public Service…
New homes on Bequia, Grenadines for sale
Luxury beachfront ownership opportunities for Bequia’s first hotel-serviced villas unveiled by celebrity favourite firefly hotels 7th Heaven Properties launches the sale of an exclusive collection of new homes on Bequia in the idyllic Grenadines offering private island-style privacy and care-free…
Jamaica Cabinet to approve third cell phone company
From Jamaica Observer KINGSTON, Jamaica (JIS) – An application is now before Cabinet for the granting of a new cellular licence for the provision of mobile telecommunications services in Jamaica. This was disclosed by Minister of Science, Technology, Energy and…
Cayman Islands approve use of tyres on proposed Arnold Palmer Golf Course
Developers of Ironwood, the $1.1 billion community lined up for East End and North Side, have received approval from Department of Environment (DOE) to take recycled shredded tyre material for use in the development of the Arnold Palmer designed championship…
iNews Briefs & Community Events (From BIG FISH 95.5)
Identification: Water related death in Cayman Islands From RCIPS “On Tuesday 26th January 2016 shortly before 2pm, The 911 Emergency Communication Centre received a call of a diver experiencing difficulties while diving off North West Point, West Bay. “Police and…
Cayman Islands Court of Appeal clarify law in favour of redeeming investors
By Paul Smith, Partner, and Ben Hobden, Associate, Conyers Dill & Pearman, Cayman Islands From International Corporate Rescue On 20 November 2015 the Cayman Islands gave its long awaited decision in RMF Market Neutral Strategies (Master) Limited v DD Growth Premium…