Moody’s assigns Prime-2 rating to Noble Corporation (Cayman Island) CP programme
Initial rating of $1.8 billion commercial paper program New York, September 19, 2012 — Moody’s Investors Service assigned a Prime-2 rating to Noble Corporation’s (Cayman Islands) (Noble) newly established $1.8 billion commercial paper program. Moody’s also affirmed Noble’s and its…
UWC Cayman Islands celebrates the 50th Anniversary of the UWC movement with service
To mark the 50th anniversary of the international UWC movement, UWC Cayman Islands installed a plaque and benches commemorating the culmination of a service project at the George Town Primary School. UWC national committees worldwide were encouraged to participate in…
Cayman and the US Campaign: An Interview with Richard Coles
From Caribbean Journal published Sep 20, 2012 By Alexander Britell While places like Virginia and Florida will mean the most to the upcoming presidential election in the United States, another location has been popping up disproportionately during the campaign: the…
Microsoft, HP skirted taxes via offshore units [Cayman Islands]: US Senate panel
From economictimes.indiatimes.com Technology giants Microsoft Corp and Hewlett-Packard Co used offshore units to shield billions of dollars from U.S. taxes by taking advantage of loopholes in the tax code, a U.S. Senate panel said on Thursday. Describing tax avoidance as…
Service providers see opportunities as Malta gains traction
By Simon Gray, hedgeweek The success of Malta in becoming established as an alternative to the established European Union domiciles for both traditional and alternative cross-border funds, Luxembourg and Ireland, is underpinned by the growing breadth of capacity and depth…
China Harbour $250,000 gift to Jamaica football
China Harbour Engineering Company (CHEC), international marine engineering and infrastructure construction firm, has donated US$250,000 to Jamaica’s National Premier Football League, underlining its support for local cultural organisations. Tuesday’s award was made by Mr Tang Zhongdong, CHEC regional and country…
“Putin UP the Ritz” for auction
The Ritz-Carlton Resort in Grand Cayman, Cayman Islands, is up for sale. It is part of an auction for the whole hotel-condominium property that also includes 12 unsold condominium units owned by Cesar Properties and Condoco Properties, as well as…
Wheego announces LiFe Rentals on Cayman Brac, Cayman Islands
Wheego Electric Cars, a U.S. manufacturer of all-electric cars, today announced that the Alexander Hotel in Cayman Brac will offer the Wheego LiFe for daily rental. The Wheego LiFe will be available at the hotel beginning September 21, the first…
Deputy Governor and Chief Officers’ Meeting have a full schedule
The latest Minutes of the Deputy Governor and Chief Officers’ Meeting held on Monday Sept. 10th was such a full meeting a presentation by Eric Bush on the employee suggestion and reward programme had to be deferred until next week’s…
Immigration Services Survey Completed
“Overall, there has been a marked improvement on all Key Performance Indicators (KPIs) in most service areas,” states the just-released Department of Immigration Customer Service Survey. Immigration management has welcomed the results of the survey of over 150 of its…
