Press release: Overseas Territories Joint Ministerial Council: 28 and 29 November 2017
Ministers host Overseas Territories leaders in the UK for talks on hurricane recovery, Brexit and climate change
Joint Ministerial Council of the Overseas Territories hosted in Lancaster House from 28 to 29 November 2017.
Serengeti Opportunities Filing. Marc Baum Published May 23 D Form - Frisco Fastball
Serengeti Opportunities Filing. Marc Baum Published May 23 D Form Frisco Fastball The Cayman Islands-based Serengeti Opportunities Ltd had published D Form about $346.02 million offering. The date of first sale was 2007-09-04. The Corporation raised $346.02 million. The offering is still open. The total private offering amount was ...
Rain, rain, and more rain... Caribbean Hurricane Network We are getting soaked from a system that will not move past us. You can see the storm stretching from well south of the Cayman Islands all the way to South-Florida. It hasn't moved in days and is just swirling over us, giving lots of rain. Hopefully ...
Ten more sites proposed for protection Cayman News Service (CNS): Sand Cay in South Sound and Hemmington Forest on Cayman Brac are among the ten new protected areas across all three Cayman Islands put forward by the Department of Environment, which is inviting the public to comment on its proposals.
Scandal-hit Malaysian fund insolvent: finance minister
Ousted leader Najib Razak, his family and cronies are accused of looting billions of dollars from the fund, 1MDB, in a sophisticated fraud that stretched from the Cayman Islands to Switzerland. Public disgust at the corruption allegations played a big part ...
Hi Mutual Society Focusing on Creating a Better World Based on Blockchain: Announcing Their All New Product and Technology
May 22nd 2018, Cayman Islands: So far, HMS has successfully launched three blockchain mutual support products—Global Health Mutual Support, Token Support, and Flight Delay Mutual. The three products are aimed at different users in different fields.
NHS: Subtropical depression possible in Gulf, could dump more rain on Cayman
It’s not quite 1 June yet but already the Cayman Islands could feel the impact of a nearby subtropical or tropical storm. The US-based National Hurricane Center predicts a low-pressure system will organise and intensify in the Gulf of Mexico later in the ...
The company will report its earnings for Q1 2018 on 05/28/2018. Generally, the company reports earnings worse than estimates. In recent months, the 18 analysts from Thomson Reuters consensus have not revised their EPS estimates.
The Cayman Government and Oxitec Launch Innovative Pilot to Suppress Aedes aegypti
(Logo: https://mma.prnewswire.com/media/695562/Oxitec_Logo.jpg) "Aedes aegypti continues to threaten the residents of the Cayman Islands, and it's important that we seek out and assess new technologies to tackle these mosquitoes," said Jim McNelly ...
Corporate board directors with island tax haven ties signal greater levels of tax avoidance, study finds
U.S. companies with board directors who have connections to well-known island tax havens of the Bahamas, Bermuda and the Cayman Islands exhibit significantly greater tax avoidance than other companies, according to a novel study that includes two ...
Cayman Islands for the top spot as the best transaction of 2017. CHRIS’ release on the win explains: “Baha Mar is a comprehensive integrated resort covering an area of approximately 1,000 acres (400 hectares) ideally located in New Providence Island ...
We could do worse than follow the BVI model on transparency
Many of these individuals are the ones that governments — here, in the British Virgin Islands and in Cayman Islands — call on to investigate and assist their own regulators when financial crime, AML/ATF non-compliance and forensic projects are warranted.
West Africa Leaks: Dr. Bawuah-Edusei: A former Ambassador, his offshore companies and a $305m oil deal
O. Group. E. O. Group is registered in the Cayman Islands and the leaked documents show it is wholly owned by E. O. Holdings which in turn is wholly owned by the two men in a complicated business structure registered in an offshore jurisdiction.
Ambow Education IPO: The ADSs Are Cheap, But Be Careful
Source: Prospectus The company was incorporated in the Cayman Islands in 2007, and is currently headquartered in Beijing, China. The business activities are described with the following words in the prospectus: “Our business addresses three critical ...
(CNS): Cayman Airways officials said that scheduled flights were operating largely as expected Tuesday after a difficult day Monday, when several flights were delayed and diverted. The national flag carrier said it would continue to monitor the weather conditions, given that heavy rain is expected all week, and update the travelling public when necessary. On Monday […]
(CNS): Police are on the hunt for a gang of robbers who beat up a victim, inflicting a head wound, and stole personal items after following him home from a bar in the early hours of Monday morning. The RCIPS said they received a report around 12:30am on 21 May about a robbery on Prospect […]
(CNS): A 57-year-old man who was visiting the Cayman Islands from the United States has became the seventh tourist to die in local waters so far this year. On Saturday evening, 19 May, emergency personnel were called to East End after the man had encountered difficulties while snorkelling in the area. He was helped to shore […]
(CNS): Despite recent revelations that the pilot project using genetically modified male mosquitoes to reduce the Aedes aegypti population fell far short of expectations, the government has signed a new deal with biotechnology company, Oxitec, to continue releasing them. The contract is costing the public purse around CI$588,000 and appears to be not much more than a […]
(CNS): A large area of cloudiness and showers extending from the northwestern Caribbean Sea up to the Florida peninsula will be bringing heavy rain this week to the Cayman Islands. Local weather experts warn there will be flooding at times in low lying areas as a result of the weather system that is likely to be […]
(CNS): A local man who was facing the possibility of serving seven years in jail after he was pictured holding an illegal gun was released from custody last week after serving just 268 days, when a judge found exceptional circumstances in the case and waived the mandatory minimum time. Matthew Carlyle Ebanks (31) had been in […]
(CNS): Sand Cay in South Sound and Hemmington Forest on Cayman Brac are among the ten new protected areas across all three Cayman Islands put forward by the Department of Environment, which is inviting the public to comment on its proposals. Most of the nominated sites are already owned by the Crown and in cases […]
(CNS): Following a third day of land and sea searches around the West End of Cayman Brac for Linvol Smith, who has not been seen since last Friday, police have said they will not be searching tomorrow (Tuesday), saying they do not believe continued searches would be successful. Smith was last seen around midday on […]
(CNS): A proposed townhouse development in the heart of South Sound by former deputy chair of the UDP and Honorary Jamaican Consul, Joseph Marzouca, has been refused planning permission amid fervent objections from neighbouring residents, who want their locality to remain exclusively for single-family homes. The proposed development of 16 three-story units, in a similar style to the […]
(CNS): Over the last two weeks the police have seized more than CI$36,500 from three convicted criminals under the Proceeds of Crime Law using court orders. The RCIPS Financial Crime Unit went after a Colombian national’s ill-gotten gains from illegal gambling, a Bulgarian national who was convicted of theft and a local drug dealer to get the […]