October 21, 2018

Archives for July 5, 2018

Cayman Islands: Wealth structuring and the Cayman Islands Foundation

By Wendy Stenning,  Cayman Finance From Mondaq In March 2017, the Cayman Islands Legislature passed the Foundation Companies Law, 2017 (the “Law”). The Law came into force on October 18th 2017, and provides yet another addition to the comprehensive and innovative wealth planning vehicles for which the Cayman Islands has come to be known. The […]

Cayman Islands National Museum events

    Purchase your Mango Season T-shirts! Mango Season is finally here! Stop by our National Museum Gift Shop to purchase a Mango Season t-shirt with lots ah room fa mango stains. Looky Ya! Mango Season at the Museum takes place on Saturday, 14th July from 10am to 2pm. Museum and Chamber Members receive a […]

The Editor Speaks: Meagre pensions

The number of Cayman Islands elderly persons who receive meagre pensions and are losing their homes for mortgage defaults are rising. Premier Alden McLaughlin confirmed this in the LA saying more and more people at present need support from government. It is growing every year, he said, because the meagre provisions of private pension plans […]

Cayman National named title sponsor of Inaugural Cayman Islands Classic Special Olympics Basketball Camp

GRAND CAYMAN, CAYMAN ISLANDS – Cayman Islands Classic is proud to announce Cayman National Bank as the title sponsor of the inaugural Cayman Islands Classic Special Olympics Basketball Camp. The event will be rebranded as the Cayman National Bank Special Olympics Basketball Camp. Thirty-five Special Olympic athletes are expected to participate in the Cayman National […]

Colony Capital’s Abraaj deal faces investor resistance: sources

By Hadeel Al Sayegh, Davide Barbuscia From Reuters DUBAI (Reuters) – U.S. investment manager Colony Capital’s deal to take control of four funds belonging to Dubai-based Abraaj is encountering investor resistance, four sources familiar with the matter said, piling further pressure on the embattled Middle East buyout firm. Colony’s offer last month to buy the […]

Jamaican doctor’s heart condition cured in the Cayman Islands

CAYMAN ISLANDS (July 4, 2018) – Dr. Garth Rattray of Jamaica checked himself into Health City Cayman Islands for one ailment and was overjoyed to learn he needed treatment for a less complicated condition, one which the Health City cardiac specialists dealt with so quickly and efficiently that he is recommending the clinic to everyone. […]

First production from large discoveries at Alaska’s North Slope is delayed due to lack of related infrastructure, says GlobalData

Since 2015 a few major oil discoveries were announced on the North Slope Alaska basin that together could add at their peak approximately 450 thousand barrels per day (mbd) to the Trans Alaska Pipeline System (TAPS), says GlobalData, a leading data and analytics company. These include Smith Bay, Horseshoe, Pikka, Willow and Liberty oil discoveries. […]

Australia and India will be growth engines of LNG industry in Asia and Oceania, says GlobalData

Australia and India will be the significant contributors for capacity growth in Asia and Oceania’s LNG Industry for the outlook period 2018 to 2022. Australia is set to have the highest liquefaction capacity additions while India will have highest regasification capacity additions among all the countries in Asia and Oceania, according to leading data and […]

Jamaica: JN General Insurance to sponsor Caribbean Junior Squash Championships

From Jamaica Observer JN General Insurance (JNGI) has announced title sponsorship of the 2018 Caribbean Area Squash Association’s (CASA) Junior Championships which will be held in Kingston, Jamaica, from July 8 to 14. The leading insurance company has redoubled its support for the game by headlining the prestigious tournament which will bring the region’s best […]

Ice on Ice event makes record donation to the Cayman Islands Cancer Society

Hurley’s Media and Z99 recently held the 8th annual Ice on Ice casino and cocktail event at the Marriott Grand Cayman with all proceeds of ticket sales and casino games benefiting the Cayman Islands Cancer Society (CICS). Over 400 people attended the event enjoying a night of casino tables, where gaming chips could be redeemed […]