September 19, 2018

Archives for July 2018

Cayman Islands Tax Haven is third-largest foreign investor in Israel

From Newsweek The Cayman Islands is the third-largest foreign investor in Israel, according to government data surfaced Monday by an Israeli news site. The data once more raised questions about the origin of the funds driving Israel’s burgeoning startup and tech industries. Israeli technology news website CTech analyzed figures published in March by the Israel […]

Cayman Islands: CUC announces Declaration of Dividend on Class A ordinary Shares

Grand Cayman, Cayman Islands- Caribbean Utilities Company, Ltd. (TSX:CUP.U) (“CUC” or “the Company”) announced today that the Board of Directors has declared a dividend of US$0.175 per Class A Ordinary Share, or an annualized dividend of US$0.70 per share. The dividend will be payable on September 15, 2018 to shareholders of record on September 1, […]

1MDB land surreptitiously sold to Cayman Islands firm

By Sangeetha Amarthalingam – The Edge Financial Daily From The Edge Markets This article first appeared in The Edge Financial Daily, on July 30, 2018. KUALA LUMPUR: Despite a freeze imposed by the Penang state government on transactions involving 1Malaysia Development Bhd’s (1MDB) Air Itam land in Penang, all 234 acres (94.7ha) have been surreptitiously […]

Canadian visits to Cayman Islands up twenty per cent

By JIM BYERS From Travel Pulse Canada loves the Caymans. The Cayman Islands welcomed over 1.3 million visitors between January and June 2018, an increase of 19.52 percent or 214,711 visitors when compared to the same period in 2017. As if that’s not impressive enough on its own, Canada saw its 12th consecutive month of […]

The Editor Speaks: The Exclusive Club

In today’s iNews Cayman we have published an article courtesy of Business Insider under the title “London’s most exclusive clubs”. However, my Editorial has nothing to do with that story. The Exclusive Club I am talking about is here in the Cayman Islands operating, I believe, illegally and the government agencies who are supposed to […]

Making a living scamming the scammers

By Jamie Rigg From engadget Kitboga’s made a career out of wasting time. “Well, my grandchildren were over and it’s something about a pornography virus,” says the soft voice of an elderly woman over the phone. “I unplugged my computer right away,” she continues, and after she explains her worries in a little more detail, […]

Cayman Islands competes in beach volleyball and men’s sprints at CAC Games

In the sweltering heat of the midday summer sun, Cayman’s men’s beach volleyball team took to the courts of Puerto de Oro, in Barranquilla Columbia for their first match on Saturday, July 28th. Cayman’s Nathan Dack and Casey Santamaria were able to quickly find their rhythm and establish an early lead in the first set, […]

Cayman Islands DOT welcomes US Marketing Agencies

Following a competitive procurement process, the Cayman Islands Department of Tourism (CIDOT) welcomes a new U.S. agency of record for Creative and Advertising, The Richards Group.  The agency will join Coyne PR, the incumbent agency, which successfully won the bid to remain the U.S. Public Relations agency of record. The Richards Group, based out of […]

Cabinet, Legislative Assembly headed back to Cayman Brac

GRAND CAYMAN, Cayman Islands – Members of the Cayman Islands cabinet and elected members of the Legislative Assembly and staff will travel to Cayman Brac in early September, to conduct their meetings there. Cabinet will meet in the District Administration Building on Tuesday, 4 September, 2018, and the fifth meeting of the Legislative Assembly will […]

Sir Ronald Sanders: Seeing President Trump in a pleasing light

By Sir Ronald Sanders US President Donald Trump did not sign “The Charlevoix G7 Summit Communiqué” in Canada in early June. In not doing so, he demonstrated doubts about the Group in which the US participates with Britain, Canada, France, Germany, Italy, Japan and the Presidency of the European Union (EU). The presence of the […]