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Minister of Foreign Affairs delivers remarks at BDO Meeting

Nassau, Bahamas – The following are Remarks by the Hon. Fred Mitchell MP Minister of Foreign Affairs and Immigration BDO North American Caribbean Regional Meeting held at Atlantis Resort, Paradise Island, Bahamas delivered on 23rd July 2012. Let me welcome…

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Cayman Islands’ WestStar TV Selects Broadcast International’s CodecSys as the framework for new OTT service

Broadcast International (BCST.OB), a leading provider of video-powered broadcast solutions, including IP, digital satellite, Internet streaming and other types of wired/wireless network distribution, was selected to provide the framework for WestStar TV’s new Over-the-Top (OTT) service via the Company’s CodecSys…

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BIJ opinion on offshore wealth report

In July 22nd’s edition of iNews Cayman we published an extract from the Tax Justice Network report on offshore wealth that included the Cayman Islands. If you didn’t read it you should (www.ieyenews.com/2012/07/tax-justice-network-wealth-held-in-tax-havens-like-the-cayman-islands-skyrockets/). It does make some uncomfortable reading for…

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…