Indebted Bulgarians Sell Their Homes to [Cayman Islands and other] offshore companies
The new scheme is meant to save their property from foreclosure Indebted Bulgarians have invented a new scheme to save their property from their creditors. They transfer their homes to offshore companies registered in the Cayman Islands, the Seychelles islands,…
Premier’s statement on FFR – “Cayman will cooperate but not by Nov 9”
Statement From the Office of the Premier No Undertaking for 9 November FFR Legislation Implementation The statement from the Office of the Governor regarding assurances given by Premier McKeeva Bush to Minister Mark Simmonds during a 20 September courtesy call…
Captain Lauren Hill is promoted to 2nd Captain of the Cayman Aggressor IV
Aggressor Fleet is proud to announce the promotion of 1st mate Lauren Hill to 2nd Captain, with the additional responsibilities of Relief Captain for the Cayman Aggressor IV. Lauren recently completed her training to become licensed as a 200 Ton Yacht…
BlackBerry Jam Americas in San Jose on Tue (25)
At BlackBerry Jam Americas in San Jose on Tuesday, RIM released the latest update to the BlackBerry 10 development tools beta, providing developers with even greater capabilities and features for building powerful applications on the BlackBerry 10 platform. These improved…
China Harbour wins major Ghana Port project but no word on Cayman’s port
China Harbour Engineering Company (CHEC) has recently signed an agreement with the Ghana Ports and Harbours Authority (GPHA) for work to begin on the first phase of the USD150 million Takoradi Port Infrastructure Development Project. CHEC, the international marine engineering…
Amendments to the Money Laundering Regulations
From: Ministry of Finance Marketing and Communications Unit Tuesday, 25 September 2012 The Cayman Islands Ministry of Finance (Financial Services) advises that the Third Schedule of the Money Laundering Regulations (2010 Revision) has been amended to include India and the…
Ritz-Carlton to keep operating Grand Cayman resort after sale
By Gay Nagle Myers The Ritz-Carlton Grand Cayman on Seven Mile Beach will go on the auction block Oct. 31 with a minimum opening bid of $240 million. The resort’s lender, RC Cayman Holdings LLC, filed a court order last…
Siem Car Carriers at Houston Texas Break Bulk Expo
Siem Car Carriers to exhibit at upcoming Breakbulk Americas Transportation Conference & Exhibition. Siem Car Carriers operates a transpacific liner service, specializing in the movement of cars, roll on roll off (RO-RO), high, wide and heavy (OHW), break bulk &…
The Economic Challenges of Sustainability Conference
A range of challenges from volatile oil and food prices, financial, economic and debt crises to climate change are threatening global efforts to achieve development that is sustainable, or that meets the needs of the present without compromising the ability…
NRA Chairman denies compulsory layoffs
National Roads Authority (NRA) Chairman Colford Scott and Members of the Board invited Deputy Premier and Minister of District Administration, Works, Lands and Agriculture (DAWLA) Hon Juliana O’Connor-Connolly and her staff, including Chief Officer Alan Jones, to a meeting with…
