Cayman Finance welcomes offshore research study
Cayman Finance today welcomed the results of an independent study on due diligence across offshore centres which places the Cayman Islands as one of only two countries to request internationally accepted standards for identity documentation in the due diligence process….
Camana Bay’s newest office building completed in record time
Dart Realty (Cayman) Ltd. is pleased to announce the latest milestone in the on-going development of Camana Bay; the Town’s newest office building, 94 Solaris Avenue, received its Certificate of Completion this week, two months ahead of an already aggressive…
Grand Cayman Airport’s new advertising programme welcomes tourists to Cayman holidays
A brand new, community showcase and advertising programme has been unveiled by the Cayman Islands Airport Authority at Owen Roberts International Airport. When arriving to Cayman Islands holidays, travellers will be able to see the new displays which include huge…
Cayman Islands water company reports 18% increase in first quarter net income
Consolidated Water Co. Ltd, who is headquartered in George Town, Grand Cayman, in the Cayman Islands, and develops and operates seawater desalination plants and water distribution systems in areas of the world where naturally occurring supplies of potable water are…
Fitch affirms Butterfield’s ratings
The Bank of N.T. Butterfield & Son Limited (“Butterfield” or the “Bank”) announced that, in a statement dated 8 May 2012, credit rating agency Fitch has affirmed Butterfield’s long-term issuer default rating (“IDR”) at A- and its short-term IDR at…
Deloitte refuse to hand over documents from Cayman Island’s registered Chinese firm
Deloitte may be banned from practicing with publicly listed American companies, if it loses a legal battle in the United States. The Securities and Exchange Commission has ordered a legal action against the Big4 firm in connection with its refusal…
Renewable energy gets another spark
CUC confirmed on Wednesday (9) that they have chosen two renewable developers to start talks with them to provide renewable energy to the Grand Cayman power grid. CUC says it’s considering two 5 megawatt solar plants and one 3 megawatt…
The Cayman Islands’ Labour Force Survey Report
Total employment in the Cayman Islands in 2011 was estimated at 35,267, higher by 0.8 percent compared to 2010. Caymanian and non-Caymanian employment rose by 1.1 and 0.6 percent respectively compared to a year ago. “I am pleased that the…
Deal done in Cayman Islands that could decide the Vodafone India Tax Case
As the British telecommunications company Vodafone Group and India’s finance ministry edge ever closer to a full-blown confrontation over taxes related to Vodafone’s $11.1 billion acquisition in India, a key issue may be the India-Netherlands Bilateral Investment Treaty, signed between…
Bush involvement in blasting issue revealed on CITN
On yesterday’s newscast at 6pm CITN showed copies of documents they had obtained which implicated Hon. McKeeva Bush in the importation of explosives. The documents show Midlands Acres Ltd. that operates a quarry asking Premier McKeeva Bush to assist in…
