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Spain: No request for bailout, says minister

Spain’s economy minister has dampened speculation that the country is about to seek a bailout of its bank sector. Luis de Guindos said no decision would be made until audits of the banks were completed, possibly by the end of…

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Cayman Island Jubilee stamps announced

GIS sent us pictures of two Cayman Island stamps the Postal Services have issued to commemorate the Queen’s Diamond Jubilee. They are of the 25c and the $1 stamps. Make sure you ask for them when you visit your nearest…

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Filipino Worker ‘Issue’ Resolved

After several months of diplomatic negotiations involving many communiqués and two visits to the Cayman Islands, the Philippines government late last month reversed its decision to list the Cayman Islands amongst countries which fail in their obligations to protect the…

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Lord Ashcroft raises question in House of Lords regarding remarks by Cayman Islands premier

Hansard source (Citation: HL Deb, 28 May 2012, c97w) Lord Ashcroft (Conservative): “To ask Her Majesty’s Government what is their assessment of the comments in a statement by Premier McKeeva Bush of the Cayman Islands that the United Kingdom-appointed Governor…

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Banned: CHEC’s parent company by World Bank

This story appeared in http://www.kaieteurnewsonline.com/2012/06/04/world-bank-bans-cjia-contractor/ When you read it, note that the company involved is the parent company of China Harbour Engineering Company (CHEC). This is the company Cayman Islands premier, McKeeva Bush signed a Memorandum of Understanding to construct…

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Billionaire Morse owns more than a Cayman Islands flagged 147 foot yacht

Bloomberg Businessweek published a story last Monday (4) about a “hidden” billionaire named H. Gary Morse. He owns much more than the 147 foot yacht that is flagged here in the Cayman Islands. The yacht is called “Cracker Bay” and…

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2012 Summer Students’ Employment Programme

The Premier Hon. Mckeeva Bush, Minister for Finance Tourism and Development, wishes to announce that, again this year, the Government will place students within various Government department and agencies for a one-month period, in order to provide students with paid…

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Cayman Islands Department of Planning offer free roof installation workshop

As part of its continuing public outreach efforts the Department of Planning will be hosting a lecture on trusses, roof framing and uplift connections. This seminar deals with design criteria and industry best practices and all contractors, architects, engineers and…

Only five Cayman Island government agencies have improved practices to prevent abuse of the fuel distribution system

The Auditor General, Alastair Swarbrick, made public today (5) a follow-up report on his Office’s February 2010 audit of Fuel Card Usage and management. The report, based on work performed by the Government’s Internal Audit Unit in August 2011, also…

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PricewaterhouseCoopers donation helps childhood centre

A very special early childhood centre recently received donations of toys, books and computers to benefit the children and management of the centre.  Earlier this year, the centre had its computer stolen.  A donation by PricewaterhouseCoopers (PWC) to the Ministry…