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Elimination of work permit holders’ pension contributions will cause higher plan costs

Silver Thatch Pensions is one of the largest pension plans in the Cayman Islands. The other is The Chamber Pension Plan that is affiliated with the Cayman Islands Chamber of Commerce. At Premier McKeeva Bush’s Public Meeting on the Budget…

Press Release From Arden McLean

Press Release From Arden McLean, Elected Member of the Legislative Assembly for East End I have today tendered my letter of resignation from the Peoples Progressive Movement (PPM) to the Political Leader of the PPM and Leader of the Opposition,…

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Narayana Hrudayalaya & Ascension Health of US to build 2000-bed health city at Grand Cayman

Narayana Hrudayalaya has inked a joint venture with Ascension Health of USA to create a health city at the Grand Cayman which is the largest of the three Cayman Islands in the Caribbean. Ascension Health is the largest faith based…

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Caymans to axe expat tax plans

From Morning Star by Rory MacKinnon, Corporate Affairs Reporter Tax-dodgers’ paradise the Cayman Islands buckled to the bankers’ lobby today and scrapped plans to introduce a meagre income tax on wealthy expats. Premier McKeeva Bush said the plan – conceived…

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Jayden Completes Continuation to the Cayman Islands

Marketwire – Canada VANCOUVER, BRITISH COLUMBIA–(Marketwire – Aug. 10, 2012) – Jayden Resources Inc. (“Jayden” or “the Company”) (TSX:JDN) announces that it has continued to the jurisdiction of the Cayman Islands, effective August 8, 2012 (the “Continuation”). At the Company’s…

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Olympic trip competition a “dream come true” for two lucky Visa/Butterfield customers

The 2012 London Olympic Games have been a spectacular event for countries all around the world and two lucky winners – Luis Féliz and his wife Yamiler – were able to enjoy this historical event first-hand, as the winners of…

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Usain Bolt wins third gold in Jamaica 4x100m relay victory

By Tom Fordyce BBC chief sports writer at the Olympic Stadium Usain Bolt won his third gold medal of the 2012 Olympics as he anchored Jamaica’s sprint relay team to a sensational world record. Jamaica’s quartet clocked 36.84 seconds to…

Getting Creative in Brac Art

As part of their 2012 Summer Programme, the National Gallery recently hosted the annual Summer Art Camp in Cayman Brac at the Heritage House. Children of all ages came together for a full day of creative expression with music, performance,…

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CSX to use XETRA platform

The Cayman Islands Stock Exchange (“CSX”) is pleased to announce that it has signed an agreement with Deutsche Boerse to use its XETRA trading platform, which will go live at the CSX in early 2013. The state of the art…

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Romney Replaces Entire Cayman Islands Olympic Team with Chinese

From The Skunk: Tasteless American Satire for the ill-informed This “sort of” amusing piece found its way into our “box” today and I had to share with you. Of course IT IS NOT TRUE! LONDON (TheSkunk.org) — Mitt Romney announced…