Government Prepares for Ernesto
In response to the possible threat of Tropical Storm Ernesto, government’s National Hazard Management Council (NHMC) today (Friday, 3 August) convened its first meeting of this year’s hurricane season – and the first such meeting to be chaired by Deputy…
Press Release from CIREBA Board of Directors: “Fiscal Suicide”
August 1, 2012 There are so many bad things about this proposed tax that it is hard to know where to start! The foundation of the lunacy surrounding this approach lies in the fact that this attempt to tax and…
CEOs in the firing line
A recent report conducted by management consultancy firm Booz & Company shows companies worldwide have started to appoint new CEOs at a level not seen since before the recession. Of the world’s top 2,500 companies, 14.2 percent had employed new…
Grand Court of the Cayman Islands Issues $2.5 Billion Payment Order Against Maan Al Sanea in Algosaibi Fraud Case
The Grand Court of the Cayman Islands issued an order in favor of Ahmad Hamad Algosaibi & Brothers (AHAB) directing Maan Al Sanea to pay AHAB $2.5 billion. The Order follows an interim ruling, issued last month by the same…
Press Release from the Cayman Islands Real Estate Brokers Association
Dangerous Tax Virus Poised to hit Cayman August 1, 2012 There is a deadly virus coming which has infected most of the other countries in the world. It has actually come to Cayman rather late. The earliest version infected totalitarian…
Bush whacks Governor, Aud. Gen, PPM and Media as he (eventually) outlines his income tax for expats
It’s now official. And if you are an expat and earning above $36,000, you will be privy to losing 10% of your income. What is worse for you is that this tax will likely include bonuses and other compensation as…
Appleby Staff Raises over $8,000 for Local Charities
Employees of Appleby’s Cayman office raised over $8,000 for the Cayman HospiceCare, Meals on Wheels and Cayman Islands Breast Cancer Foundation by dressing down on Fridays during the firm’s last financial year. Appleby’s Human Resources Manager Christine Grizzel, who leads…
Grouper Spawning, Cayman Islands
Researchers from the Reef Environmental Education Foundation and the Cayman Islands Department of Environment study one of the last great reproductive populations of Nassau Grouper. Normally a solitary species, during the winter full moons Nassau Grouper travel, sometimes over great…
Consolidated Water Co. Ltd. to Host Second Quarter Conference Call on Friday, August 10, 2012
Consolidated Water Co. Ltd, which develops and operates seawater desalination plants and water distribution systems in areas of the world where naturally occurring supplies of potable water are scarce or nonexistent, today announced that it has scheduled an investor conference…
CUC Announces Second Quarter Results for the Period Ended June 30th, 2012
Caribbean Utilities Company, Ltd. is listed for trading in United States dollars on the Toronto Stock Exchange. GRAND CAYMAN, Cayman Islands, July 31, 2012 /CNW/ – Caribbean Utilities Company, Ltd. (TSX: CUP.U) (“CUC” or “the Company”) announced today its unaudited…
