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Critics applaud Olympic closing ceremony

The London Olympics closing ceremony, which featured music stars from The Who to The Spice Girls, has been broadly welcomed by the world’s critics. According to The Guardian, the event was “a kaleidoscopic spectacle” that showed “the energy of British…

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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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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…

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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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Millions of dollars from Colombian drug cartel end up in Cayman Islands

From ICE. “ICE shares more than $166,000 with the Maryland National Guard. Maryland National Guard credited for their critical assistance in federal cases” AUG 8 2012: REISTERSTOWN, Md. — Earlier this week, U.S. Immigration and Customs Enforcement’s (ICE) Homeland Security…

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Militant Contractors Plan Protest against OCG and OCG reply.

The Office of the Contractor General’s is in receipt of an Open Letter, dated today, August 9, 2012, from the Jamaica Association of Contractors and Construction Consultants Co. Ltd. (JAC), which was copied to the Media. Please now find, attached,…

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Greg Christie probes Jamaican flag controversy

Background of controversy posted on jamaicanmusics.com Opposition Leader Andrew Holness raised concerns on the misuse of the National Symbols in particularly the Jamaican flag. The Opposition Leader referred to an image which had Education Minister Rev. Ronald Thwaites super imposed…

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Cayman Islands scraps expat tax plan

Unpopular proposal to tax expatriates in the Cayman Islands has been dropped. By Leah Hyslop, UK Daily Telegraph 3:12PM BST 10 Aug 2012 The Cayman Islands has axed a plan to tax foreign workers that sparked widespread outrage. Residents of…