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Day: March 20, 2014

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Heart Smart Week 2014 starts and child obesity highlighted

Cayman Islands Heart Smart Week 2014 started on Thursday (20) with a cardiac Symposium at St Matthew’s University, School of Medicine, Leeward Building 3, Hippocrates Hall. Other events are: 5th Annual Learn & Live Red Dress Affair and Women’s Heart…

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CIREBA expel two members

From Cayman Islands Real Estate Brokers Association The CIREBA Board of Directors recently made the difficult decision to expel two member companies, namely Cayman Realty Consultants (CRC) and Cayman Real Estate Company Ltd. (CARE). The decision to expel these two…

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The Editor Speaks: Corruption and money laundering tarnishing Cayman’s image further

Our beautiful country, the Cayman Islands, has been tarnished and mainly unfairly, with the reports of corruption in high places, the ‘nefarious’  Cayman tax haven with US President Obama adding his voice to the mud slinging, and money laundering where…

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Unusually Intense El Nino may lie ahead, scientists say

By Andrew Freedman From Mashable Since climate forecasters declared an “El Niño Watch” on March 6, the odds of such an event in the tropical Pacific Ocean have increased, and based on recent developments, some scientists think this event may…

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iNews Briefs

Cayman Islanders arrested in US for money laundering Documents on OffshoreAlert website show that Eric St-Cyr was arrested earlier this week along with his lawyer, Patrick Poulin, who is based in Turks and Caicos Islands, and Joshua Van Dyke. All…

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Cayman Islands welcomes long lobbied reduction in APD for UK travellers

Grand Cayman, Cayman Islands (19 March 2014) The Cayman Islands is pleased to welcome the long anticipated news of reduced Air Passenger Duty (APD) for long haul visitors from the United Kingdom.  APD is an excise duty which is charged…

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Boeing to end pension plans for nonunion employees

From Moneynews Boeing Co. said on Thursday (6) it will end pension plans for 68,000 nonunion employees, including its chief executive, marking the latest step in the company’s shift away from defined-benefit plans. The change takes effect Jan. 1, 2016,…

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World’s youngest billionaire owns Cayman company but takes little part in it

By Toh Han Shih and Tiffany Ap From South China Post Why the world’s youngest billionaire plays little part in running her own Hong Kong-listed empire The secretive 24-year-old Hong Kong woman named by Forbes magazine as the world’s youngest…

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Cayman premier’s speech at UCCI Anti-Corruption conference

UCCI Caribbean Conference Premier Hon. Alden McLaughlin, MBE, JP, MLA The Ethical and Anti-Corruption Framework of the Cayman Islands Government: Lessons for the Caribbean Good morning, I thank President Roy Bodden and the leadership at the University College of the…

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Another Tesla caught on fire while sitting in a Toronto garage

By Linette Lopez  From Business Insider Earlier this month, a Tesla Model S sitting in a Toronto garage ignited and caught on fire. The car was about four months old and was not plugged in to an electric socket, says…