Cayman Island July Tourism figures: cruise down air up
The July figures for tourist arrivals to the Cayman Islands do not make good reading. Although air arrivals are up by almost 4% from 32,581 in 2012 to 33,880 in 2013 it is the cruise ship arrivals that make…
Pirates Week findings indicative of fraud and misappropriation
At the Public Accounts Committee (PAC) meeting on Thursday (19) Cayman Islands Auditor General, Alastair Swarbrick, corrected a statement made by Chief Executive Officer (CEO) Gilbert Connolly of the Tourism Attraction Board, that although the Auditor General’s Office (AGO) had…
CEC outgrows – leases Flagship building in George Town
The Flagship Building that has just been vacated by Dart owned Island Companies will have a new tenant. Cayman Enterprise City (CEC), the knowledge-based and technology focused Special Economic Zone, is leasing the George Town waterfront building. CEC…
Aurcana closes $50 million loan facility
VANCOUVER, BRITISH COLUMBIA–(Marketwired – Sept. 19, 2013) – Aurcana Corporation (“Aurcana” or the “Company”) (TSX VENTURE:AUN)(OTCQX:AUNFF) is pleased to announce that it has executed definitive agreements with MF2 Investment Holding Company (Cayman) Limited, part of Orion Mine Finance Fund I…
Wanted by Interpol [and Cayman], but Londoner Daniel Vanderwerff says he’s ‘done nothing wrong’
By Scott Taylor From Metro London Interpol has posted his photo as a fugitive on its website and listed criminal charges against him, but a former Londoner now living in Calgary swears he’s innocent and longs for the day…
Benefits of raising T&T flag in Beijing
From Trinidad Express China’s Ambassador to T&T, Huang Xingyuan, has updated Beijing’s upbeat prospects for relations with the Caribbean, with T&T identified as the centrepiece of related arrangements. It was this country that Chinese President Xin Xinping chose for an…
Global crisis impacting heavily on the Caribbean – La Rocque
BY KNEWS | From Kaieteur online Caribbean Community (CARICOM) Secretary General Irwin La Rocque says that the global economic crisis is having a severe impact on the region resulting in stagnation or declining growth rates. Addressing representatives from International Development…
Porsche wins ruling in bid to block Pendragon U.K. Lawsuit (1)
By Karin Matussek, Bloomberg, From Business Week Porsche SE won a ruling in its bid to block a U.K. court from hearing a $195 million suit filed over the 2008 use of options in the failed bid to take over…
Chambal Fert Q1 net rises 47% to Rs. 113 crore
HT Correspondent, Hindustan Times New Delhi KK Birla group company Chambal Fertilisers and Chemicals Ltd (CFCL) on Wednesday reported a 46.6% year-on-year rise in net profit to Rs. 112.98 crore during the April-June quarter due to an increase in sales….
MoH, HSA & CINICO joint statement on air ambulance services
The following is a Joint Statement by the Ministry of Health (MoH), the Health Services Authority (HSA) and the Cayman Islands National Insurance Company (CINICO) in response to the Auditor General’s Public Interest Report on the Provision of Air Ambulance Services:…
