Procurement experts advise civil servants
At the 22nd October 2012 Deputy Governor and Chief Officers’ Meeting, caroline Hastings and Roy Towler, two Procurement experts from the States of Jersey gave a brief presentation outlining what they hoped to accomplish during their visit and a brief…
General Registry relocating to GAB
Cayman Finance have announced effective Monday, 5 November 2012, all services provided by General Registry will be available at the Government Administration Building (GAB), 133 Elgin Avenue, George Town. The General Registry office at Citrus Grove will be closed from…
Airline blacklisted but Mac signs MOU with its majority shareholder
In our Editorial on October 16 2012 we reported that our premier, McKeeva Bush, is touting Southeast Asia’s largest publicly listed food, beverage, and packaging company San Miguel Corporation (SMC) of the Philippines for business opportunities. Mr. Bush met with…
Costa Mediterranea to call in to Grand Cayman
Costa Cruises said recently it will be bringing back a taste of Italy to the tropics this winter when Costa Mediterranea repositions to the Caribbean beginning Nov. 20 2012. The ship, which is replacing Costa Atlantica, is set to sail 10-day cruises from Port…
Greek bank list editor Costas Vaxevanis acquitted
A Greek journalist has been acquitted of breaching privacy for publishing the names of 2,000 suspected tax evaders. Costas Vaxevanis published a list of Greeks with Swiss bank accounts, including a government minister and other prominent figures in public life….
Journalists barred from former USA President Bush speech to Cayman Islands investment summit.
GEORGE TOWN, Cayman Islands – Organizers of an investment conference in the Cayman Islands say they have been forbidden from disclosing any details about a speech by former President George W. Bush in the offshore financial haven. A spokesman for…
Greenlight Capital Re, Ltd. releases third quarter 2012 results
GREENLIGHT RE ANNOUNCES THIRD QUARTER 2012 FINANCIAL RESULTS GRAND CAYMAN, Cayman Islands – October 31, 2012 – Greenlight Capital Re, Ltd. (NASDAQ: GLRE) today announced financial results for the third quarter of 2012. Greenlight Re reported net income of $46.1…
Company aims to boost wind energy 50%
BY CAMILO THAME Business co-ordinator A new local company is aiming to establish a 24-megawatt wind farm in central Jamaica within a few years. Clean Alternative Energy Limited (CAEL) is proposing to construct eight three-MW wind turbines in Great Valley…
Flood of money leaving China
BEIJING — Chinese investors evaded government controls to move more than $600 billion out of the country last year and the outflow is increasing, fueling economic and political risks as communist leaders prepare for a handover of power, a Washington-based…
Foreign Investors Flock to Florida (and could be attractive to Caymanians)
By Evelyn Robinson, iNews special correspondent Investors in the Cayman Islands are being tipped that Florida is the next big thing when it comes to property investment. Foreclosures in Florida are at an all time high, and many home values…
