January 21, 2019

Archives for December 13, 2017

Cayman Islands Police Update – regarding rise in burglaries during holiday period and recent arrests

From RCIPS The RCIPS has seen a significant increase in burglaries in recent weeks, with most occurring in Bodden Town and West Bay. The burglaries in Bodden Town are mostly at residential properties, involving forced entry with valuable goods being stolen. However, in West Bay, recent burglaries have been of a more opportunistic nature and […]

Cayman Islands Chamber of Commerce member, Awesome Productions’, to begin filming on short feature “Luna’s Ring”

Chamber member Awesome Productions will begin shooting on their short feature film, ‘Luna’s Ring,’ in early 2018. Badir Awe, owner of Awesome Productions, provided a synopsis of the film that reads: “A strong-willed American writer faces his inner demons and Castro’s revolutionary soldiers in a desperate search for his lover in 90’s rural Cuba.” Casting […]

Tower adds creative power to senior management team in Cayman Islands

Tower, one of Cayman’s leading strategic communications agencies, has added Caymanian, Ms Brita Gill, to its creative design and marketing team. Joining Tower as senior designer, Ms Gill will be responsible for leading the design team of three and developing strategic campaigns to support Tower’s network of clients. Ms Gill also joins Tower’s leadership team. […]

Cayman Islands gain $100 million from captive industry

By Marianne Lehnis From Reinsurance News Cayman’s captive insurance industry generated $100 million for the island’s economy in 2016, according to an economic impact survey by the Insurance Managers Association of Cayman (IMAC). The Q3 results from the Cayman Islands Monetary Authority (CIMA) showed the insurance industry for Cayman have total premiums written at nearly […]

Primeo v HSBC: Cayman Islands Grand Court dismisses US$2 billion claim by Madoff feeder fund

By Marc Yates From Ogier In a recent landmark judgment of the Cayman Islands Grand Court in the case ofPrimeo Fund (in Official Liquidation) (Primeo) v Bank of Bermuda (Cayman) Ltd (BBCL)and HSBC Securities Services (Luxembourg) S.A (HSSL), Mr Justice Jones QC dismissed a US$2 billion claim against two of Primeo’s service providers arising out […]

The Editor Speaks: We have no TIME to stand and stare

It is the weeks leading up to Christmas and everyone is in a rush. So many things to do before we run out of TIME. My wife was in a rush this afternoon. We had no dog biscuits for our German Shepherd mix Sugar. Sugar was getting more and more anxious for her food and […]

Who will represent the region‘s private sector?

Bridgetown, BARBADOS, 13th December 2017: The Caribbean Export Development Agency (Caribbean Export), in collaboration with the world’s largest donor organization, the European Union, pulled together some of the region’s most influential business leaders and private sector representative organisations to answer this very question last week at a Private Sector Engagement Meeting in Kingston, Jamaica. The […]

Cayman Islands Academy student wins laptop from Cayman Finance

At the recent Cayman Academy Career Fair, a year 8 student received an HP Pavillion Notebook from Cayman Finance CEO, Jude Scott, as a prize for correctly answering a quiz on the Cayman Islands’ financial services industry. The fair was held at the University College of the Cayman Islands on Friday, November 17th and included […]

Alabama election: Democrat Jones defeats Roy Moore in Senate upset

From BBC Doug Jones has become the first Democrat in 25 years to win a US Senate seat for Alabama, after a bitter campaign against Republican Roy Moore. His unexpected victory deals a blow to President Donald Trump, who backed Mr Moore, and narrows the Republican majority in the Senate to 51-49. Mr Moore has […]

Madagascar signs a US$ 53 million financing agreement with IFAD to boost food and nutritional security and strengthen resilience to climate change in rural areas

Rome, 13 December 2017 – A new financial agreement, signed today between the International Fund for Agricultural Development (IFAD) and Madagascar, will sustainably improve incomes and food and nutrition security for 320,000 Malagasy rural households in eight regions located in the southern part of the country. The agreement for the Inclusive Agricultural Value Chains Development […]