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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…

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HSUS has quietly sent $26M to the Caribbean [mainly Cayman accounts]

From Humanewatch.org A sharp-eyed reader pointed us to something buried in HSUS’s latest tax return, covering the year 2012. On page 32, HSUS states that it made an “investment” total $25.7 million in the “Central American and the Caribbean” region….

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3D coins

U.S. Mint to launch 3D coins this month Posted by hipstomp / Rain Noe  |  from Core77 Later this month the U.S. Mint is rolling out three new collector’s coins, designed to honor the American national pastime. And unlike previous…

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Harris Paints wins for green initiatives, several other awards at St Lucia ceremony

From Caribbean360 BRIDGETOWN, Barbados, Tuesday March 18, 2014 – Harris Paints recently swept the competition aside following a dominant performance where they copped a total of seven prestigious awards, as the St. Lucia Manufacturers Association (SMA) held its biennial awards…

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Carib Cement negotiating new 240,000-tonne clinker deal – reports record sales of $12b

From Jamaican Gleaner Negotiations on a new deal with Caracas to supply an additional 240,000 tonnes of clinker is on hold while Venezuela deals with its social unrest, says General Manager of Caribbean Cement Company Limited Anthony Haynes. That deal…

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Caribbean Tourism: The battle is far from over

By Sir Ronald Sanders From Huntington News There is much euphoria in the tourism establishment over the Air Passenger Duty (APD) that on 19 March 2014  the British government announced would be reduced on flights to and from the Caribbean…

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Global survey says Cayman leading force in the Americas

The latest survey published this month by the Global Financial Centres Index has again established Cayman’s strong presence among the world’s top ranking financial centres, placing it third in the Global Offshore Financial Centres category, ahead of all competitors in…

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Carey Olsen appoints new Counsel in London

Corporate and finance lawyer Claire McConway has been appointed Of Counsel within the British Virgin Islands (BVI) practice of multi-jurisdictional offshore law firm Carey Olsen. Key facts: •          In this London-based role, Ms McConway will focus on developing the firm’s…