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Cost savings initiatives in ERC Report for Budget

In the latest Minutes from the Deputy Governor and Chief Officer’s Meeting on 16th July, 2012, Dep. Governor Franz Manderson, provided an update of the Budget and discussed some of the options provided in the Expenditure Review Committee’s (ERC) Report….

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Greenpeace: KFC’s secret recipe ravages rainforests

Greenpeace International yesterday (24) released evidence that Kentucky Fried Chicken – KFC has been using product packaging sourced from rainforests, supplied by Asia Pulp and Paper (APP). Forensic testing in three markets – UK, China and Indonesia – repeatedly confirmed…

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Inserve Yachts approved by Cayman Islands Shipping Registry

Inserve Yachts Ltd has recently had its safety management system reviewed and approved by the Cayman Island Shipping Registry (CISR) for passenger yachts. Passenger yachts are those carrying up to 36 passengers as defined by the Red Ensign Group Code…

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MaplesFS Continues Middle East Expansion

MaplesFS, a leading independent global fund services and fiduciary services provider, has further expanded its presence and regional commitment in the Middle East with the hire of Chandan Bhatia, Vice President of Fund Services. MaplesFS’ growth is based on increased…

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CIFS announce proposal for new form of Incorporated Cell Company Legislation

The Cayman Islands Financial Services (CIFS) have announced a bill to amend the Insurance Law, so as to allow insurers formed as segregated portfolio companies (SPCs) to enjoy the same benefits as incorporated cell companies in other jurisdictions, is now…

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Minutes from Deputy Governor and Chief Officers’ Meeting 16th July 2012

Attendees:- Deputy Governor; Mr. Leonard Dilbert; Mr. Stran Bodden; Mr. Eric Bush; Mrs. Stephanie Azan; Dr. Dax Basdeo; Mr. Alan Jones; Mr. Kevin McCormac Ms. Jacqueline Wilson; Ms. Sonia McLaughlin; Mrs. Gloria McField-Nixon; Mr. Carroll Cooper Apologies: – Mr. Kenneth…

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Scuba Diving in the Cayman Islands

Leslie’s Curl, Grand Cayman From swsmeltzer Overall Rating = 3.75 out of 5 Access – Moderate; boat only and 35 to 45 minutes from Safe Haven harbor via the North Sound. The water can be rough outside of the sound…

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VAT for T&C

In an Associated Press story from the Montreal Gazette, the acting governor of the Turks and Caicos Islands [Patrick Boyle] has signed into law a value-added tax to shore up the finances of the troubled British territory. An 11 per…

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Tortuga Opens Rum Cake Store at Falmouth Jamaica Cruise Ship Pier

Falmouth, Jamaica – When Royal Caribbean’s Allure of the Seas arrived in Falmouth, Jamaica on Wednesday, July 18, doors to Tortuga’s new flagship retail store at the pier opened to welcome them and share their authentic taste of Jamaica with…

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Afghan economy thrives on the drug trade

The voice on the television suddenly forced its way into my conscious awareness. Absolutely staggering, I felt it deep in my stomach with no uncertainty. Forty Percent of the Afghan economy is from illegal drug production and trafficking. More disturbing…