July 17, 2018

FEMA releases the 2017 Hurricane Season FEMA After-Action Report

WASHINGTON (NEWS RELEASE) – The following is a news release from FEMA: The Federal Emergency Management Agency has released the 2017 Hurricane Season FEMA After-Action Report. The report examines the agency’s performance during the record breaking season. Last year, hurricanes Harvey, Irma, and Maria devastated the nation at a time when FEMA was already supporting […]

81% of ICOs are scams, U.S. losing token sale market share: Report

From CCN Initial coin offering (ICO) promoters have been widely successful with regards to the quantity of projects they have been able to at least partially fund. On matters of quality, perhaps not so much. According to a report prepared by Satis Group Crypto Research, around 81% of the total number of initial coin offerings […]

Thriving Cayman Islands is the place to vacation this Summer

Cayman Islands now one of the most popular islands in the Caribbean NEW YORK, NEW YORK, UNITED STATES, July 12, 2018 /EINPresswire.com/ — Exceptional Villas, leading luxury villa rental company have revealed that the Cayman Islands is now one of the most popular destinations in the Caribbean. New data gathered from the Cayman Islands Department […]

Cayman Islands: DCI reminds liquor licence holders to renew

From The Cayman Islands Department of Commerce and Investment Liquor licence holders – including those with music and dancing licenses – are reminded of the upcoming Annual Liquor Licence Meeting to be held September 13th, 2018. The deadline for applications is August 24th, 2018. Licensees are reminded before they can apply for renewal; the premises […]

The Editor Speaks: Leave Smith Cove alone!

“Leave Smith Cove (also known as Smith Barcadere) ALONE!” That is the strong view from our Publisher Caymanian Joan (Watler) Wilson. “The beach on South Church Street has the most natural beauty unsurpassed anywhere on Grand Cayman that MUST NOT be spoilt .” Joan was referring to the government’s proposed enhancement project that included commercial […]

Abraaj posts $188 million loss after using investor funds

From Bloomberg News (Bloomberg) — Abraaj Holdings had an “unusual” business model reliant on short-term borrowing, and key financial statements are missing or nonexistent, according to one of the firms tasked with salvaging the Dubai-based private-equity firm’s assets. In a report seen by Bloomberg News, PricewaterhouseCoopers said it has “been unable to obtain standalone annual […]

OECS Commission and ANOCES ink MOU on Cooperation

OECS Media Release Saturday, July 14, 2018 — The OECS Commission and the Association of National Olympic Committees of the Organisation of Eastern Caribbean States (ANOCES) have signed a Memorandum of Understanding (MOU) on Cooperation in the areas of sports and youth development. The signing took place at the OECS Headquarters in Castries, Saint Lucia […]

Caribbean cruise ports you should avoid

By Chris Owen From Cruise Fever Some Caribbean islands are better to visit than others. Some will resonate with us while others won’t based on a number of factors. Consideration of these factors will help travelers choose and enable marvelous memories from our travels. Save Beach-Focused Ports Because You Burn Easy That’s a good reason […]

Cayman Islands’ Disability Council comments on Smith Cove proposals

From Cayman Islands National Council of Persons with Disabilities. The National Council for Persons with Disabilities (the “Council”) wishes to provide its comments on the issues that have been raised regarding the proposed renovations for Smith Barcadere (also known as Smith Cove) and, in particular, with respect to certain statements made last week in the […]

This Caribbean CEO’S salary will shock you

From NAN News Americas, NEW YORK, NY, Fri. July 13, 2018: A Caribbean CEO in a hurricane ravaged US island has been hired at a salary that has left some in stunned disbelief. The salary of the new Puerto Rico Electric Power Authority (Prepa) CEO, was set at $750,000 a year, according to Caribbean Business. […]