March 21, 2018

Archives for February 19, 2017

Cayman Islands electricity customers continue to benefit from low fuel prices

Customers across Grand Cayman continue to pay less for electricity. That’s because they are enjoying the benefit of lower fuel costs resulting from reduced global fuel prices, a reduction in Government duties on fuel and improved efficiencies from CUC’s new 40 MW power plant. The average price per Imperial Gallon of fuel decreased 4% to […]

Cayman Islands annual Orchid Show in March

We would like to welcome all residents to our annual Orchid Show and Fundraising Sale on Saturday, March 25th and Sunday March 26th at the Queen Elizabeth II Botanic Park.  In partnership with the Cayman Islands Orchid Society, the show and sale has been ongoing for over twenty years now and is the biggest annual […]

Cayman Islands kids Gaelic Football Club starts the season with a bang!

On Saturday February 11th 2017, the DART Kids Gaelic Club hosted the ‘Start of Season Blitz’ at the Camana Bay CIS Football Pitch. 65 children turned up and togged out in the first training session of the year, in the Cayman sunshine, early on Saturday morning. With 15 coaches on hand to assist with the […]

The Editor Speaks: Connecting

When one looks at the world today I wonder if we are really connecting? Except…. Paul McGowan who writes a column mainly about High End Audio and Audiophiles (I am one) wrote a small piece today that I share with you as it is exactly how I am feeling: Emotional connections – Paul McGowan There’s […]

Butterfield reports full year 2016 and Q4 2016 results

Full year 2016 net income of $115.9 million, up $38.2 million over 2015; net income per share of $1.18, down $0.05 per share over 2015 Full year 2016 core earnings(1) of $138.6 million, up $24.7 million or $2.48 per share, up $0.53 per share over 2015(2) All outstanding preference shares redeemed for cancellation Board declared […]

Cayman Islands: DMS update on Platinum Management case

By Ali Sims DMS Offshore Investment Services DMS has received several inquiries regarding our involvement in the recent Platinum Management case. In light of this, we would like to share with you the information we have previously communicated to investors.:- We are pleased to confirm that DMS has not been subject to any litigation related […]

Fleet assessment completed on Cayman Islands Fire Service engines

The Ministry of Home Affairs and the Cayman Islands Fire Service (CIFS) recently commissioned an evaluation of the entire fleet of domestic and aerodrome vehicles. Two experts with Pierce and Oshkosh Manufacturing recently travelled to all Fire Service locations on all three islands to undertake a thorough assessment of the fire trucks in service. The […]

Cayman Islands utility company announces its results for the twelve-month period ended December 31, 2016

Caribbean Utilities Company, Ltd. is listed for trading in United States dollars on the Toronto Stock Exchange Grand Cayman, Cayman Islands – Caribbean Utilities Company, Ltd. (TSX: CUP.U) (“CUC” or “the Company”) announced today its audited results for the twelve-month period ended December 31, 2016 (all figures in United States dollars). Net earnings for the […]

Hundreds of Cubans deported since end of US immigration status: Cuba

By AFP  From The New Indian Express HAVANA: More than 680 Cubans have been deported back to Cuba since the United States ended its decades-old policy giving them preferred immigrant status in January, state media reported Saturday. According to official Cuban reports, 683 people have been sent back to the Caribbean island from the United […]

Cayman Islands lure South Africans with tax-free pay, opportunities

By Ingé Lamprecht From Moneyweb NZ UK, Australia remain most popular destinations for chartered accountants. JOHANNESBURG – If you pushed your trolley down an aisle of the main supermarket in Grand Cayman, you’d be forgiven if you thought you were in South Africa. “I’ve heard and spoken more Afrikaans here in the past year than […]