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RBS says most bank accounts now updated

Banking group RBS has said that 99% of RBS and NatWest accounts have now been brought up to date. A computer software upgrade at RBS failed last week, disrupting many payments into and out of accounts. However, RBS added that…

Ambassadors Continue Diplomatic Missions

Cayman Islands government officials are continuing to build upon the already solid relations with neighbouring countries, with recent visits by American and Cuban officials resulting in the forging of even stronger relations, and better understanding of current issues. Over the…

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Cayman Islands company accused of unfair noodling

Tingyi (Cayman Islands) Holding Corp. has denied claims that it is using abnormal competitive strategies to push Uni-President Enterprises Corp. out of the instant noodles market in northeast China and Shanghai, cqnews.net reported on Tuesday. Recently, it was reported that…

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Mutual Assistance Treaty amendment underway in Jamaica

Changes critical to war on transnational crime, says justice minister. The Government has taken steps to free itself to respond to requests for legal assistance from several countries in the region designated British Overseas Territories. This, after a complaint from…

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KeyTech’s (Logic) fiber network completion in George Town helps boost profits

In a filing to the Bermuda Stock Exchange (BSX), KeyTech Limited (Ticker: KEY.BH) released a preliminary announcement of results for the financial year ended 31 March, 2012. The KeyTech Group of Companies concluded fiscal year 2011/12 with a profit for…

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“Quality of staff and cost of staff are far better or superior in Nassau than in the Cayman Islands,” says Fidelity Group Chairman

In a story that appeared on Tuesday (26) on Tribune242 headlined, “Fidelity’s Consolidation Boost For The Bahamas”, Anwer Sunderji, Fidelity Group of Companies chairman and chief executive, said all the back office functions related to its Cayman Islands-based credit card…

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BCQS International announces director appointment

BCQS International, the leading Property and Development Consultancy of its kind in the Caribbean region and Latin America announced today the promotion of Associate Director and Chartered Surveyor, Jeremy Superfine to the position of Director, based in the BCQS Grand…

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Cayman Islands reeled in ¥15 trillion from Japanese investors in 2011

The Cayman Islands attracted ¥15.36 trillion in securities investments from Japanese in 2011, the bulk from individuals seeking high-yielding instruments in the well-known tax haven, Finance Ministry data said Sunday. The amount represents a high level for Japan, although it…

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300 Jamaican schools to get free Internet service from LIME

AN estimated 200,000 students at 300 primary schools across the island are expected to benefit from free Internet access through a partnership between the LIME Foundation and the Ministry of Education. Garry Sinclair, managing director of LIME Jamaica and the…

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Underwater Trompe L’eau installed at Grand Cayman Airport

It might not have taken as long as Michelangelo’s Sistine Chapel frescoes, but Cathy Church’s mural-size underwater-photograph installation at Grand Cayman’s Owen Roberts International Airport is a stunningly ambitious project — and a bigger-than- life reminder of why divers flock to…