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Minister Bodden gets Councillor

New Ministers sworn is as Justices of the Peace GRAND CAYMAN, Cayman Islands – Councillor Alva Suckoo has been appointed to Minister Hon. Osbourne Bodden to help in the areas of Sports, Youth and Culture in the Ministry of Health,…

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Southwest adds international flavor with Caribbean flights

By McClatchy News Service From MailTribune DALLAS, Texas — To the sound of steel drums playing Caribbean music, Southwest Airlines announced Aruba, Jamaica and the Bahamas as its first-ever international destinations. The flights, to depart from Atlanta, Baltimore and Orlando,…

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Integrity violations found in Caribbean Netherlands

From The Daily Herald THE HAGUE–Violations of integrity have been found on all three islands of the Caribbean Netherlands, not only in Bonaire, where two (former) politicians have been prosecuted. This according to a recent report on security and crime…

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2013: Stock markets at highs but can they do it again next year?

By Jamie Robertson Presenter, BBC World News Many share indexes around the world are at record highs. Will this continue next year? Well, it all seems fine and dandy when you look at the numbers: the Dow Jones Industrial Average…

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Fitch Upgrades PEMEX Finance Ltd.’s Ratings to ‘A+’

Fitch Ratings has upgraded the following ratings for notes issued by Pemex Finance Ltd. , a Cayman Islands special purpose company wholly owned by Petroleos Mexicanos S.A. de C.V. (PEMEX): — Series 1998 9.15 percent notes due 2018 to ‘A+’…

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Chinese banknotes stamped with QR codes breach great firewall

By Alex Magdaleno From Mashable Centuries of invaders couldn’t break the Great Wall of China, but a Chinese yuan can. Well, the “Great Firewall,” at least. A series of one yuan banknotes became a whole lot more valuable after being…

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OECD initiative on Base Erosion and Profit Shifting (BEPS)

At Cayman Finance’s International Tax Initiatives seminar Jan. 23rd 2014 the Organisation for Economic Cooperation and Development (OECD) 15-point action plan is based on the assumption that corporate tax bases of governments are at risk. The risk is real because…

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Working for the disabled

Grand Cayman, Cayman Islands – Premier Hon. Alden McLaughlin met with members of the Cayman Islands Disability Policy Subcommittee Thursday, 23 January, 2014. Mr. McLaughlin thanked them for their work in helping the country develop a National Disability leading up…

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Taste of Cayman Update

EVENT DAY: SATURDAY, 8 FEBRUARY 2014   I TIME:  5:00PM- 11:45PM   I FOOD SERVICE: 5:00PM – 10:00PM VENUE: FESTIVAL GREEN, CAMANA BAY I TICKETS ON SALE AT: Books & Books, Camana Bay, all Blackbeard’s and Big Daddy’s locations and online |…

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Liquidated Suntech appoints new CFO

By Max Hall From pv magazine Deyong He will replace Weiping Zhou, who resigned as interim CEO, CFO and president of the rump Suntech company for ‘personal reasons.’ What is left of Suntech will hold a creditors’ meeting on Grand…