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Cayman Islands Community Events TUE JUNE 9 Moonlight and Movies Summer Series The Moonlight and Movies Summer Series is Tuesday (9 Jun) at 7pm in Gardenia Court. The feature film will be Penguins of Madagascar. Sister Islands Community Underwater Clean…

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Tighter banking regulations and the Caribbean

By David Jessop, From Dominican Today A few days ago the London Financial Times carried an interesting commentary on the growing problem that financial institutions in smaller nations such as those in the Caribbean are having in establishing or maintaining…

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The Editor speaks: Unfortunate as the world press watches

The reputation of the Cayman Islands is coming apart at the seams and the world press is watching like tigers ready to pounce on their prey. At the heart of our problem is the increasing perception of corruption and cover…

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Many Cayman Islands government IM’s untrained says ICO

Quarterly Report for Cayman Islands ICO 2014-2015 SECOND QUARTER REPORT 1 October-31 December 2014 The purpose of this Quarterly Report is to ensure the ongoing transparency and accountability of the Information Commissioner’s Office (ICO) in the discharge of its statutory…

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FIFA fallout: Australian $500,000 ‘stadium redevelopment’ payment faces probe

By Nick McKenzie, Richard Baker From Sydney Morning Herald The Senate is set to inquire into Football Federation Australia’s World Cup bids and its relations with FIFA. Senator Nick Xenophon explains his concerns. Federal bureaucrats have been contacted by the…

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Cost of living in Grand Cayman, Cayman Islands

From Expatistan Food Lunchtime menu in the business district   CI$13 Combo meal in fast food restaurant (Big Mac Meal or similar)   CI$8 1/2 Kg (1 lb.) of boneless chicken breast  CI$5.47 1 liter (1 qt.) of whole fat milk        CI$2.04…

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Pair trade opportunity exploiting irrational exuberance over The Herzfeld Caribbean Basin Fund

From Seeking Alpha Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. The CUBA fund is a Caribbean Basin fund with holdings that are mostly US, Mexican…

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Pacific Crest Reiterates Overweight Rating for Qunar Cayman Islands (QUNR)

From ABMN Qunar Cayman Islands logoQunar Cayman Islands (NASDAQ:QUNR)‘s stock had its “overweight” rating restated by stock analysts at Pacific Crest in a report issued on Friday. They currently have a $57.00 target price on the stock, up from their…

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GuySuCo CEO sacked – Board Members forced to resign with immediate effect – as Govt. assures no closing of Sugar Corporation, workers to get paid

From Guyana Chronicle THE Chief Executive Officer (CEO) of the Guyana Sugar Corporation (GuySuCo) Dr. Rajendra (Raj) Singh was yesterday dismissed with immediate effect, while all Members of the Board have been asked to tender their resignations, also with immediate…

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Rating Action: Moody’s concludes review on Bancomer Texas Agency and Banorte Cayman; places HSBC México Cayman under review down

From Moody’s Investors Service Global Credit Research – 05 Jun 2015 Counterparty Risk assessments assigned New York, June 05, 2015 — Moody’s Investors Service (MIS) today concluded its rating reviews on BBVA Bancomer, S.A. Texas Agency (Bancomer Texas Agency) and…