Two new faces at GIS
(GIS) —Two newly-recruited Caymanian communicators, Yvette Cacho and Stephon Johnson, round out the staff at the offices of Government Information Services. Yvette Cacho joins this week as an Information Officer, assigned to provide communications assistance to the Ministry of Community…
Island Breeze International secures loan
BELLMAWR, NJ–(Marketwire – Nov 15, 2011) – Island Breeze International, Inc. (OTCQB: IBII), an entertainment cruise development company, announced that on November 10, 2011, the Company and its wholly owned Cayman Islands subsidiary entered into a $2.75 million loan agreement…
New ownership team at Marriott Beach Resort
The Grand Cayman Marriott Beach Resort, one of the top tier tourist destinations along Seven Mile Beach, has been recapitalised by a consortium of investors, led by Private Equity Group headquartered in Fort Myers, Florida, and Gencom Group headquartered in…
Johnson Bank to close CI branch
Johnson Bank is closing a branch in the Cayman Islands that opened in 1998 to facilitate overnight deposit transactions for what the bank called a limited number of large commercial customers. The Johnson Bank branch in Grand Cayman handles so-called…
New magazine is simply Bliss!
Bliss Caribbean, the newest and most exciting magazine to hit the Cayman Islands, is a haute living magazine that features décor & architecture, weddings, cuisine as well as breath-taking gardens of the awe-inspiring Caribbean, unlike other publications in and around…
Collapse looms if projects don’t start
Business leaders have described growing frustration with trying to rebuild Cayman’s economy and put people to work, fearing the Islands are in profound danger if development projects do not start soon. In a series of full-page advertisements, at least 33…
Beacon Group acquisition
Cayman-based Caledonian Global Financial Services has announced the acquisition of the Beacon Group of companies, which is based in the British Virgin Islands and comprises Beacon Capital Management, Beacon Fund Advisors and Beacon Fund Administrators. Beacon is a provider of…
Maples and Calder top legal list
On 4 November 2011, independent legal directory “Legal 500” revealed the Cayman Islands law firm rankings in its 2011 edition. Described as “the best law firm in the Cayman Islands”, Maples and Calder was the only firm to consistently retain…
Improvement in operating income
Consolidated Water Co. Ltd. (NASDAQ: CWCO), 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 reported its operating results for the…
Emerald Sound on hold
Architect and spokesman for South Sound’s disputed – and possibly halted — Emerald Sound development yesterday regretted moves to block the development, but nevertheless hoped soon to break ground. Following reports that the United Democratic Party (UDP) had blocked approval…
