October 17, 2019

Archives for April 5, 2018

Another brutal Hurricane Season in store for the Caribbean, U.S. and Canada this 2018

By Eul Basa From NARCITY Brace yourselves. After a devastating 2017 hurricane season which featured three of the costliest tropical systems in history, meteorologists predict that 2018 will be just as nightmarish. Researchers at the Colorado State University have released their preliminary seasonal forecast, as this year’s hurricane season is just two months away. Typically, hurricane seasons […]

[Cayman Islands least complex location] China, Brazil and Turkey rank highest in 2018 Financial Complexity Index

From Globe newswire TMF Group’s Annual Financial Complexity Index Weighs Economic, Legal, Tax and Accounting Policies to Determine Most, Least Complex Regions for Businesses NEW YORK, April 04, 2018 (GLOBE NEWSWIRE) — TMF Group, a leading provider of high value business services to clients operating and investing internationally, today announced the results from the 2018 […]

Anthony Travers: The EU and the ‘new 21st century colonialism’

By: Anthony Travers, OBE, Travers Thorp Alberga |From International Investment Responding to public and media pressure brought on by the so-called Panama and Paradise papers exposés, the European Union has been compiling, tweaking and talking for months about its “blacklist” of “non-compliant” jurisdictions. On 5 December, it published a working list of some 17 jurisdictions, […]

Cayman Islands Chamber leaders meet with Hong Kong General Chamber to forge a working relationship

Chamber President, Paul Byles and Chief Executive Officer, Wil Pineau met with representatives of the Hong Kong General Chamber of Commerce during their trip to Hong Kong last month. The pair were in Hong Kong to attend the GREAT Festival of Innovation, a four-day conference, alongside a Cayman Islands delegation that included the Premier Hon. […]

Cayman Islands Chamber Council meets with Governor Choudhury for the first time

Chamber President, Paul Byles and members of the Council met with His Excellency the Governor, Mr. Anwar Choudhury for the first time last month. The meeting was a joint meeting with members of Cayman Finance, the Chamber and the Governor. CEO Wil Pineau, Vice-President Woody Foster, Secretary Roz Griffiths and Councilor Mario Ebanks joined Mr. […]

The Editor Speaks: When silence is not golden

When it comes to all government bodies silence is their normal way of acting. However, silence is not always golden because it causes speculation. And speculation is more than often wrong and harmful. More than often when the true facts emerge we wonder why was the need for the silence? The latest silent notice involves […]

Country advisors appointed to the OECS ahead of the open call for proposals under the Direct Assistance Grant Scheme

Bridgetown, BARBADOS, April 5, 2018. The Caribbean Export Development Agency (Caribbean Export) in cooperation with the European Union commenced a 3-day workshop to train Country Advisors from OECS countries on the Direct Assistance Grant Scheme (DAGS) at the Trade Winds Hotel, St. John’s, Antigua yesterday, April 4, 2018. The Agency announced last month that grant […]

Extradition hearing for Cayman man wanted in US set for April 30

From Jamaica Observer GEORGE TOWN, Cayman Islands (CMC) — Iaian Nigel MacKellar, a resident of the Cayman Islands who is wanted in the United States for alleged fraud, will have his extradition hearing on April 30. MacKellar has been in custody since December 15, when he was arrested at his home . In court earlier […]

New statue immortalizes Mary Thomas, who led a revolt against Danish Colonial rule

By Brigit Katz From SMITHSONIAN.COM It is the city’s first public monument to a black woman On October 1, 1878, exasperated laborers on the Caribbean island of St. Croix set fire to houses, sugar mills and around 50 plantations while protesting oppressive working conditions enforced by Danish colonial rulers. At the helm of the “Fireburn” […]

Cayman Islands Chamber launches briefing sessions for key industry sectors

Beginning with financial services on April 18th, the Chamber of Commerce is hosting a series of briefing sessions featuring government’s senior policymakers. “The sessions focus on specific industries and is a way for us to bring our members closer to the key policy developments which might impact their businesses”, explained Chamber President Paul Byles. “The […]