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Just another piece of free Cayman island advertising.

The Cayman islands used to be the islands that time forgot where you could go for a weekend or more “hideaway”. Now the Cayman Islands are known for the islands where the rich can hide away their money and avoid…

LA reconvenes Fri (17) for the Throne Speech and Budget Address

Government Information Services (GIS) have sent out a release stating that the Legislative Assembly will reconvene on Friday 17th August to present the Throne Speech and the Budget Address at 2:30pm. What isn’t at all clear is whether the Budget…

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Increases to other fees proposed by Cayman Islands Premier in Budget

Cayman Island Revenue Enhancement Measures In addition to the revenue measures announced as alternatives to the Community Enhancement Fee, Government is proposing increases to other existing fees to further improve Government’s revenue for the 2012-13 Financial Year and beyond. Along…

Dynamite case may ignite

Suresh Bhemsein Prasad, Director of Midlands Acre, appeared in Summary Court yesterday (15) facing charges relating to the notorious and highly explosive case of importation of dynamite without a permit. This is the highly reported case that involves Cayman Islands…

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Maples and Calder Announces New Chief Operating Officer

Maples and Calder is pleased to announce that Karie Bergstrom has joined the firm as its new Chief Operating Officer (“COO”) for the Cayman Islands office. In this new role, Karie will be responsible for coordinating the local support teams…

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Cayman Islands Stock Exchange : ASSURED FUND NOTICE OF DELAY IN COMPLETION OF AUDITED ACCOUNTS AS AT 31 DECEMBER 2011

08/14/2012 | 05:36pm US/Eastern Since the last audit the Fund has completed a review of the life expectancies of the portfolio. It has also obtained more up to date policy illustrations. As part of that review it has revised its…

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Review: Samsung tablet takes aim at iPad with pen

By Peter Svensson The tablet-computer market is like guerrilla warfare. One huge army – Apple – dominates the land, while a ragtag group of insurgents keeps raiding and probing, hoping to find some opening it can exploit. With Samsung’s new…

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Cayman Islands oil and gas exploration company reports “significant growth”

Tethys Petroleum Limited: Second Quarter 2012 Financial Results Another Significant Period of Growth for the Business With Revenues Increased by 93% GRAND CAYMAN, CAYMAN ISLANDS–(Marketwire -08/14/12)-Tethys Petroleum Limited (Cayman Islands) (“Tethys” or “the Company”) today announced its second quarter 2012…

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Tobacco giants lose Australian ruling on plain cigarette packaging

by Matthew Chapman Tobacco companies have lost the fight against the introduction of plain cigarette packaging in Australia following a High Court ruling that could have global repercussions. Companies including British American Tobacco (BAT), Philip Morris, Japan Tobacco and Imperial…

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Standard Chartered agrees settlement with New York regulator

Standard Chartered has agreed a $340m (£217m) settlement with New York regulators that accused it of hiding $250bn of transactions with Iran. The hearing that had been scheduled for Wednesday has now been adjourned. The bank’s chief executive Peter Sands…