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Cayman Islands reports progress on energy bid

The Cayman Islands’ Electricity Regulatory Authority (ERA) will soon wrap up the bidding process to select a solution to Grand Cayman’s need for new firm generating capacity. ERA Managing Director Charles Farrington says the final choice will be announced at…

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Ironwood Cayman latest news

From Ironwood It has been an exciting summer for Ironwood, with developments in the planning process of the road extension, town center and the Arnold Palmer golf course. As the journey on this fabulous development unwinds we will continue to…

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New Zealand Central Bank raises benchmark interest rate to 3.5%

By Myles Udland From Business Insider The Reserve Bank of New Zealand just raised interest rates. The RBNZ raised its benchmark interest rate to 3.5% from 3.25%. Here’s the full statement from the central bank: Statement issued by Reserve Bank…

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Further erosion of foreign reserves puts Barbados dollar in danger – Moody’s

From Caribbean360 BRIDGETOWN, Barbados, July 23, 2014, CMC – With Barbados’ foreign reserves standing below the 2013 level, International credit rating agency, Moody’s has warned that strain could be put on the dollar. “Any further erosion in reserves would likely…

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UTC Aerospace growing PR operation; $24M investment, 200 jobs created

By Kevin Mead From Caribbean Business UTC Aerospace Systems is expanding its operation in Puerto Rico through a nearly $25 million investment that is credited with creating 200 jobs over the past year. Gov. Alejandro García Padilla visited the company’s…

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Cayman marathon man Haines completes his 4th

Cayman Islands Marathon Man, the incredible maturing Derek Haines, completed the 37th San Francisco Marathon on Sunday (27) in 4 hours 46 seconds. It was his 37th marathon and the fourth of his bid to complete six marathons and raise $1M for…

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RBC donates $10,000 to Cayman charities

RBC employees from across the Cayman Islands recently volunteered their time for 10 projects at six local organisations in support of RBC’s Day of Service Grants Programme. The Day of Service Grants Programme is a global initiative undertaken by RBC…

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Talking Caribbean—the rhetoric of Mas

By Simon Lee from Guardian Media Tropic Tendencies—Rhetoric, Popular Culture and the Anglophone Caribbean, a recent publication by Trinidadian assistant professor of writing and rhetoric at New York’s Syracuse University, Dr Kevin Browne, is a welcome and important addition to…

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How the Caribbean plans to become a green energy powerhouse

By Will Nichols From Business Green Existential threat from climate change and high electricity costs are driving Caribbean Development Bank programme to boost clean energy investment Imagine a storm crashing through Britain, tearing down bridges and power lines across the…

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Giant Ferris wheel for Grand Cayman Island

From Travel Trade Caribbean George Town.- A giant Ferris wheel known as the Cayman Eye, for panoramic views of the island, has been proposed as a possible new tourist attraction for George Town waterfront. The concept is a mini version…