ILO: 90 per cent of domestic workers excluded from social protection
GENEVA (ILO News) – 60 million of the world’s 67 million domestic workers still do not have access to any kind of social security coverage, says a new ILO study entitled “Social protection for domestic workers: Key policy trends and…
Cayman Islands’ offshore banking sector shrinking
By Raymond Hainey From The Royal Gazette Cayman Islands: its offshore banking sector is shrinking under regulatory pressure A major sector of the banking industry in the Caymans could be wiped out by tough regulations designed to fight money-laundering. The…
Caribbean News iBusiness iCommunity iFinance iLocal News iTravel iWorld News Our Eye Publisher's Choice
International tourism hits record 1.2 billion in 2015, UN reports
From Caribbean News Now MADRID, Spain — International tourism grew by 4.4 percent last year to a record 1.184 billion as calculated by overnight visitors to international destinations, 50 million more than in 2014, and the sixth consecutive year of…
Intertrust sells Cayman banking activities
Press Release: Intertrust Group – Wed, Dec 23, 2015 08:33 GMT Intertrust N.V. (“Intertrust” or “Company”) [ticker symbol INTER] a leading global provider of high-value trust and corporate services today announced the sale of its banking activities in Cayman to…
China oil storage lease helps revive Caribbean refiner Hovensa
By Joshua Schneyer From Reuters Dec 1 A long-sought deal to bring a Caribbean oil refinery out of bankruptcy emerged on Tuesday, unexpectedly including a partnership with U.S. commodity trader Freepoint and handing Asia’s biggest oil refiner, Sinopec, access to…
What Norwegian Cruise Line’s China move means for the cruise industry
By: Susan Young From Travel Agent Central Today [Oct 12], Norwegian Cruise Line Holdings (NCLH) became the latest cruise company to announce its entry into the Chinese cruise market with a purpose built ship for 2017. Looking at the big…
Conyers Dill & Pearman launches Asia disputes team
By Natasha Mellersh From CDR The offshore firm has launched an Asia disputes and restructuring group in Hong Kong, appointing a prominent senior advocate to head up the new team. Conyers Dill & Pearman has responded to increasing demand for…
Charles Fourtree | Papua New Guinea
From the Travel Photograph Papua New Guinea seems to be the end of the earth. It almost is. And it offers intrepid travel photographers some incredible opportunities to document its indigenous culture and traditions. The Goroka festival is probably the…
Walkers represents beneficial interest holders in successful petition for winding up in the Cayman Islands Court
By Fraser Hern, Joanne Collett, Barnaby Gowrie and Peter Kendall From Walkers Last Updated: 14 September 2015 The frustration of funds and investment houses, holding beneficial interests in notes issued by defaulting Asian corporates, in not being able to cause…
Law firms eye global market turmoil, China plunge
By Susan Beck, From The Am Law Daily A plunge in stock prices in China, with its nerve-rattling aftershocks in the U.S., may prompt law firms to further scrutinize their strategy in China. The Shanghai Composite Index tumbled 8.5 percent…
