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Cayman Islands court’s first valuation verdict on minority side

By Quintella Koh From International Adviser East Capital, a Swedish fund company specialising in emerging and frontier markets, said it won a landmark case in the Cayman Islands defending the rights of minority shareholders. The case, involving Russian oilfield services…

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Preliminary report on arsenic poisoning at Cayman Islands farm points to no concerns

The Pan American Health Organization has issued an Arsenic Exposure Preliminary Report to the 14.5-acre Powell family farm in Frank Sound, Grand Cayman, Cayman Islands. It points to no significant differences between the arsenic content of soils from the test…

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CAB requests the removal of named Caribbean territories on US “Tax-haven” list

The Caribbean Association of Banks Inc. (CAB) is once more forced to express its deep concern over yet another “tax-haven” list which includes 15 Commonwealth Caribbean countries. The referred list appears within the District of Columbia’s 2015 Budget Support Act…

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Disney Cruise Line releases early 2017 Bahamas, [Cayman Islands] and Caribbean itineraries

By Leah Zanolla From DIS Disney Cruise Line has released their Caribbean and Bahamas itineraries for early 2017. The four cruise ships will continue sailing from Port Canaveral and Miami, as well as San Juan, Puerto Rico and Galveston, Texas….

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How Export Competitive is the Caribbean?

Bridgetown, BARBADOS, October 6, 2015. A new initiative to measure the Export Competitiveness of CARIFORUM is being spearheaded by the Caribbean Export Development Agency (Caribbean Export) it was announced yesterday at the opening of the first workshop on the conceptualisation…

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Marriott plans to open 60 new hotels in the Caribbean and Latin America by 2018

From Marriott International, Inc. SAO PAULO, Oct. 6, 2015 /PRNewswire/ — Tim Sheldon, President of Caribbean and Latin America operations at Marriott International (NASDAQ: MAR), announced today an expected 75 percent increase in Marriott’s Caribbean and Latin American distribution between…

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UPDATE 3-Caribbean telecom company Digicel hangs up on IPO

By Rachel Chitra From Reuters * Cites market conditions in emerging markets * Co was expected to raise about $2 bln from U.S. IPO (Adds analysts’ comments, IPO market background) Oct 6 (Reuters) – Digicel Group Ltd, the Caribbean telecommunications…

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CHTA’S ‘Chief’ to explore Cuba impact on Caribbean Tourism; taps industry experts for insight

By Theresa M. Oakes From St. Maarten Islands Time THE CARIBBEAN – One of the most highly anticipated panels of the Caribbean Hotel & Tourism Association’s (CHTA) upcoming Caribbean Hospitality Industry Exchange Forum (CHIEF) is “Cuba: Opportunity or Threat?” took place…

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Time for term limits for prime ministers and representatives in the Caribbean

By Wellington C. Ramos From Caribbean News Now Under almost all the constitutions Great Britain wrote for their former colonies, the prime ministers and representatives serve five years if they are elected, with no term limits. This means that once…

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Granger calls for US support over threat to territorial integrity

From Stabroek News Accrediting the new U.S. ambassador today, President David Granger called for Washington’s support to help protect Guyana from threats to its territorial integrity, a clear reference to months of aggression mounted by Venezuela. Keeping the Venezuelan aggression…