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New ILO Regional Director for Latin America and the Caribbean

By Dawn Lafond From Bahamas Weekly On 1 June 2015, José Manuel Salazar Xirinachs of Costa Rica assumed the role of ILO Regional Director for Latin America and the Caribbean. Lima, Peru – The newly appointed Director of the International…

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Eastern Caribbean Central Bank withdraws 1c and 2c coins

As of 1 July, the Eastern Caribbean Central Bank (ECCB) will no longer issue one cent and two cents coins to the commercial banks operating within the Eastern Caribbean Currency Union (ECCU). Although the coins will no longer be issued,…

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Fitch Assigns CBD (Cayman) Limited’s EMTN Programme ‘A-‘/’F2’ Ratings

(The following statement was released by the rating agency) DUBAI/LONDON, June 16 (Fitch) Fitch Ratings has assigned CBD (Cayman) Limited’s (CBD Cayman) EMTN programme ratings of ‘A-‘/’F2′. KEY RATING DRIVERS CBD Cayman is a wholly owned subsidiary of United Arab…

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Guernsey’s debt draws strong demand

By Juliet Samuel From Wall Street Journal Island’s first sovereign bond in eighty years has become hot stuff as investors search for yield As investment opportunities go, a bond issued by the small island of Guernsey is about as rare…

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Camp Woodward brings 20,0000 square-foot action sports facilities to Caribbean & Mexico

By Kailee Bradstreet From Transworld Camp Woodward brings 20,0000 square-foot Action Sports facilities to Caribbean & Mexico As more and more companies are figuring out the best way to speak to up and coming influencers Gen Z, Camp Woodward just…

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Government commits $20 million to youth unemployment reduction – Gibson tells ILO

From Bahama Islands Info NASSAU, The Bahamas — Minister of Labour the Hon. Shane Gibson told the International Labour Organization (ILO) that the Government of The Bahamas has earmarked $20 million toward the reduction of youth unemployment in the country….

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Jamaica a surprise suitor as HSBC reviews HQ

From Sky News The ‎Caribbean state is pitching itself as a potential location for the HQ of Europe’s biggest bank, Sky News learns. Caribbean state is pitching itself as an HQ option By Mark Kleinman, City Editor It is better…

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Royal Caribbean promotes Dr. Zinan Liu to President of China and North Asia Pacific

MIAMI, June 15, 2015 /PRNewswire/ — Royal Caribbean International today announced the promotion of Dr. Zinan Liu to the global cruise brand’s President for the China and North Asia Pacific region. Zinan joined Royal Caribbean International in 2009 and has…

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The Editor speaks: Destruction, disruption, & dat noise

It was with some gloom I read the nearly 500 pages of the Proposed Cruise Berthing Facility – EIA Consultation June 2015 Report executed by The CIG appointed consultancy team – W.F. Baird & Associates Coastal Engineers Ltd., Smith Warner…

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Cayman Islands property buyers from North America double

By Adrian Bishop From opp.Today The proportion of North American buyers buying property in the Cayman Islands has doubled in a year, according to a detailed market study. The number of 2014 Cayman property purchasers registered in the United States…