October 15, 2018

Analysts: Bermuda’s Third Point to top Cayman’s Greenlight on underwriting

From The Royal Gazette Bermuda’s Third Point Re, which had an IPO month, will probably produce better underwriting results than Cayman-based Greenlight Capital Re, analysts say. This is according to JPMorgan Chase & Co. analysts. “Dan Loeb’s Third Point Reinsurance Ltd., which had a public offering last month, will probably produce better underwriting results than […]

Did water get into Cayman’s gas supply?

The following is a statement received from the Cayman Islands Petroleum Inspectorate Department saying they have launched an investigation into reports that petroleum fuel is causing serious damage to cars. The problem may have been water contamination in some of the batches of gas although this has not been confirmed. Press release: “The Petroleum Inspectorate […]

HBO Latin America and E-networks form agreement

The cable operator is the first in Guyana to offer HBO programming Miami, FL – HBO Latin America and E-Networks, which celebrates its 10th anniversary this year, have formed a partnership to transmit a variety of HBO and MAX channels on its pay TV service, already available for customers to subscribe to as of last […]

Taxman embroiled in dispute over MYOB purchase

BY: Leo Shanahan From: The Australian Increase Text Size Lawyers for the Sage Group have questioned whether the Australian Taxation Office may have a problem with a $1 billion contract to purchase software company MYOB from Archer Capital being executed in the Cayman Islands. Yesterday the Federal Court in Sydney heard applications from both parties […]

Extended After-School Programme Receives More Funds

Scotiabank and Trust (Cayman) Ltd. presented a significant donation to the Ministry of Education’s Extended After-School Programme (EASP). Michael Myles received a cheque for EASP in the amount of CI$5,000 from Scotiabank’s Foster’s Airport Branch Manager Egerton Anderson, Assistant Manager Vicki Smith and Retail Administration Clerk Katrina Thompson on 5 September 2013.  Scotiabank is one […]

New Governor tours offices

A familiarisation tour of government offices was on the agenda for Governor Helen Kilpatrick’s first day of work on Monday, 9 September 2013. Accompanied by Deputy Governor, the Hon. Franz Manderson, she visited many Ministries, Portfolios, and some departments in the Government Administration Building. Speaking with Minsters, Chief Officers and line staff, she touched on […]

Cayman Airways refuses to accept responsibility for their own change

In these troubled times this is the last thing we want to hear from Cayman Airways. They make a change at the last minute to a flight and because they don’t open their office until after the new flight leaves they didn’t confirm the booking to the other airline. The customer has to pay for […]

Researchers discover ‘KINS’ a new professional-grade banking Trojan

By Fahmida Y. Rashid From Security Week Researchers have uncovered a new professional-grade banking Trojan that could soon rival Zeus, SpyEye and Citadel in how effectively it spreads. Dubbed KINS, the new banking Trojan has several features in common with Zeus and SpyEye, as well as having a similar DLL-plugin-based architecture, Limor Kessem, a cybercrime […]

Belize to host sixth CaribNOG Regional Meeting

From Gerard Best, Guardian Media The Caribbean Network Operators Group, (CaribNOG) will stage its sixth regional meeting in Belize in September. CaribNOG is a not-for-profit, independent, technical community that provides a regional forum for building technical capacity and promoting relevant solutions for advancing network engineering in the Caribbean. CaribNOG coordinator Bevil Wooding described the group […]

WSPA responds to Cayman Turtle Farm

WSPA is disappointed to learn that the Cayman Turtle Farm (CTF) has slashed the price of turtle meat after an unusually productive breeding season. The Farm claims that this measure will help to reducing poaching on the Islands, despite no evidence to support this theory. Talking to the CayCompass, Dr Neil D’Cruze, Wildlife Campaign Leader […]