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Bush delivers a budget, unapproved because he had to

Although the UK’s Foreign and Commonwealth Office (FCO) Minister Henry Bellingham has not approved the Cayman islands 2012/13 Budget, Premier, Hon. McKeeva Bush, presented it anyway because he said he had to and he was confident it would be approved….

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A mailbox is all you need in the Cayman Islands. Switzerland is deep secrecy

From lezgetreal.com For several years, German Chancellor Angela Merkel has been sort of quietly leading an international effort to end tax evasion. Instead of targeting Germans driving Ferraris, she’s focused on the ways the über-rich legally evade paying taxes –…

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Cayman Islands shows its stylish side

Fresh from the runway at the Miami Swim Show, designer Tosca Delfino has unveiled her 2013 Spring/Summer Lookbook including a new line inspired by the Cayman Islands. Delfino’s new swimwear collection is a reflection of the designer’s travels with her…

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Billionaire financier and Cayman Islands fund manager sells all his equity positions

From Red Kingman (SHTFPlan) – In a harbinger of what may be coming our way in the Fall of 2012, billionaire financier George Soros has sold all of his equity positions in major financial stocks according to a 13-F report filed with…

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Royal Caribbean cuts back cruises to Bermuda

HAMILTON, Bermuda — Royal Caribbean Cruise Line has announced it plans to scale back the amount of stops in Bermuda, citing reduced guest demand. The company has reportedly received feedback that its passengers want to visit other destinations, especially on…

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OCG Responds to Public Statements Attributed to Jamaica Association of Contractors and Consultants (JAC)

Kingston; August 20, 2012 – The Office of the Contractor General (OCG) has taken note of a story which appears in today’s edition of the Observer Newspaper entitled “Angry Contractors tackle OCG on Thursday”. The story indicates, among other things,…

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Explosives case is adjourned until Wednesday

Defence Attorney for defendant Prasad Suresh, who imported explosive chemicals allegedly without the required paperwork, was still arguing in Summary Court last Friday (17) that Suresh’s importation was not explosives as defined under the law. Nicholas Dixey said his client’s…

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Did you know about the new types of Immigration permits available in the Cayman Islands?

The amendment to the Immigration Law has came into effect in June 2012. It introduced major changes to the immigration rules on the Island by creating a new category of permits for investors who wish to live in the Cayman…

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Cayman Islands Tingyi reports first-half profit rise of 24%

Tingyi (Cayman Islands) Holding Corp. (322), the maker of “Master Kong”-branded instant noodles and beverages, reported a 24 percent increase in first-half profit on falling raw material costs. The stock rose. Net income rose to $284.4 million in the six…

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Ryan’s grace period runs out for sea captains

Michael Ryan, owner of Safehaven gave a one weeks grace period until Monday (20) to the boat operators to vacate his property. The boat operators have been using the property free of charge for 25 years. Ryan wants to use…