March 24, 2023

Kirk Marine opens new store

Kirk Marine have opened a new store at the end of Eastern Avenue, George Town, just opposite Kirk’s Supermarket. The old store used to be located at the Industrial park area, but the new location is set to catch the eye of anybody looking for just about anything to do with boats and sailing. Rosalind […]

Olympus lose $687m in rouge CI account

Olympus has defended paying $687m to financial advisers but refused to comment on its former CEO’s claims that the cash was channelled to ‘unknown parties in the Cayman Islands’. Asked why Olympus paid such a high fee in relation to its buy-out of medical equipment firm Gyrus in 2008, Olympus’s Tokyo spokesman Ayako Nagami said […]

Mourant Ozannes wins double client service award

Mourant Ozannes has been named ‘Best Offshore Law Firm – Client Service’ at the HFMWeek US Hedge Fund Services Awards 2011. This follows the firm winning the same client service accolade at the HFMWeek European Hedge Fund Services Awards earlier this year. The winners of the US awards, which were announced at a ceremony held […]

Digicel Takes Karting to a new level

Digicel pre-launched their 4G mobile network in a unique, unforgettable and buzz worthy fashion. It was only just late last year in December when Digicel announced the launch of Digicel 4G Broadband, the first of its kind in Cayman.  Today, Digicel announced the arrival of an additional network, Digicel 4G mobile, an evolved high speed […]

Higgs & Johnson welcomes Commercial Lawyer

Gaela Ruth Bailey was admitted to practise as an attorney-at-law in the Cayman Islands by the The Hon. Mr. Justice Henderson on an application of Higgs & Johnson, Attorneys-at-Law. The law firm is continuing to expand its Commercial/Funds Department in the Cayman Islands in order to meet client demand and welcomes Ms. Bailey’s over 10 […]

Financial hat trick for top performing Cayman Islands

Cayman Finance Chairman Mr. Richard Coles has congratulated the financial services industry for achieving yet another top ranking in the highly respected Banker’s ranking of international financial centers. The 2011 Banker’s ranking revealed that the Cayman Islands is once again ranked number one in the Specialised Financial Centres category for the third year in a […]

FirstCaribbean acquire CIBC shares

FirstCaribbean International Bank Limited announced Oct. 3 that it has entered into an agreement to acquire all of the issued and outstanding shares in CIBC Bank and Trust Company (Cayman) Limited, a Cayman Islands Company and CIBC Trust Company (Bahamas) Limited. The agreement with its majority shareholder, CIBC Investments (Cayman) Limited, has a purchase price […]

Digicel launches three new Blackberry 7 Smartphones

Digicel today launched three new BlackBerry® smartphones based on the new BlackBerry 7 OS: the BlackBerry® Bold™ 9900, BlackBerry® Torch™ 9860 and BlackBerry® Torch™ 9810 smartphones will be available to customers from Digicel across the Caribbean this month. The BlackBerry Bold 9900 is the thinnest BlackBerry smartphone yet at only 10.5mm, and the first to […]

The Times they are a Changing

It is a pity that the excellent speech given by the Premier at the Chamber of Commerce luncheon at the Westin Tuesday 28th September was not televised in its entirety.  Had it been so, it could have been considered by a far wider audience than those clearly interested members of the business community present.  Of […]

News of the World reporter slams ex-employer

LONDON (AP) — A News of the World reporter implicated in Britain’s phone hacking scandal has slammed Rupert Murdoch’s News International for his sacking from the tabloid, insisting he was innocent and unfairly dismissed. Neville Thurlbeck’s comments Friday mark his first public defense of his role at the newspaper, which folded after 168 years under […]