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Shore thing: summertime delights on the Cayman Islands

By Jo Fernandez From London Evening Standard With cheaper prices, summer is a good time to discover the natural — and luxurious ­— delights of the Cayman Islands, says Jo Fernàndez I’ll be honest. Before I went to the Cayman…

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Celebrity Cruises ship joins University of Miami “OceanScope” programme to Monitor Oceanographic and Atmospheric Conditions

Celebrity Equinox becomes third Royal Caribbean Cruises Ltd. vessel to feature technologythat helps scientists understand effects of climate change MIAMI/PRNewswire/ — Last week, as Celebrity Cruises’ Celebrity Equinox completed its scheduled dry dock in Cadiz, Spain, it joined Royal Caribbean…

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Unemployed Caymanians 2013 at 9.4%

The unemployment rate in the Cayman Islands rose to 6.3 percent in 2013 due to a rise in the unemployment rate among non-Caymanians to 3.1 percent. Meanwhile, the unemployment rate among Caymanians was estimated at 9.4 percent, lower than the…

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Suntech Power Holdings provides update with respect to restructuring in Europe

GEORGE TOWN, Cayman Islands, May 14, 2014 /PRNewswire/ — Suntech Power Holdings Co., Ltd. STPFQ -0.97% (the “Company” or “Suntech”) today announced that the administrator of Suntech Power International Ltd. (“SPI”), the Company’s principal operating subsidiary in Europe, has called…

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WuXi PharmaTech Announces First-Quarter 2014 Results

SHANGHAI, May 14, 2014 /PRNewswire/ — WuXi PharmaTech (Cayman) Inc. WX -6.32% , a leading research and development services company serving the pharmaceutical, biotechnology, and medical device industries, with operations in China and the United States, today announced its financial…

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“Proud of Them” Round 3

Remarks by the Hon. Minister Osbourne Bodden May 2014. Government faces so many issues of national importance, and is tasked with so many critical projects and policies, that some may query the time and effort we dedicate to this initiative…

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Business confidence falls in the Caribbean

By Shanelle Weir Global business confidence is on the up, but the global economic recovery could be seriously flawed, reveals new research from the Association of Chartered Certified Accountants (ACCA) and the Institute of Management Accountants (IMA) Global Economic Conditions…

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Insider Selling: Michael Bayley unloads 2,633 shares of Royal Caribbean Cruises stock (RCL)

By Hossein Forouzandeh From Mideast Times Royal Caribbean Cruises (NYSE:RCL) CEO Michael Bayley sold 2,633 shares of the stock on the open market in a transaction that occurred on Monday, May 12th. The stock was sold at an average price…

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Cayman -deregistration of exempted partnership for continuation in another jurisdiction

From Walkers INTRODUCTION Under the provisions of the new Exempted Limited Partnership Law, 2014 (the “ELP Law”) a general partner (“GP”), on behalf of a Cayman Islands exempted limited partnership (the “applicant Partnership”), which proposes to be registered by way…

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New arrest in case of money laundering to Cuba

By Jay Weaver And Juan O. Tamayo From Miami Herald A case that started out alleging $70 million in Medicare fraud now puts the figure at nearly $240 million. A Miami man has been arrested in an unprecedented money-laundering case…