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Premier heads to Joint Ministerial Council meeting

GRAND CAYMAN, Cayman Islands – Premier the Hon. Alden McLaughlin will leave the Cayman Islands Saturday to travel to London to attend the annual Overseas Territories Joint Ministerial Council (JMC) in London. The JMC will bring together political leaders from…

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Former SONG OF NORWAY Sold For Scrap

By Shawn Dake From Maritime Matters The founding ship of the second largest cruise line in the world has been sold for scrap. Built in 1970 for Royal Caribbean Cruise Line, the SONG OF NORWAY was a phenomenally popular ship that…

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New massive solar power plant goes online in Japan

Posted by hipstomp / Rain Noe From Core77 Japan was once colloquially known as the Land of the Rising Sun, and it can’t be only environmentalists hoping that a country with such a moniker would take solar power to heart….

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The Pepper Jelly story in Carol’s words

  I’m not going to give you a hokey story about my pepper jelly being a guarded family secret passed down by generations dating back to the 1700s  – heck who knows what my great great Granny got up to…

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Firm urged Caymans transfers, cost Yung millions, judge rules

By Jim Hannah From nky.com FORT MITCHELL — William Yung hasn’t started counting his riches just yet. He knows it could take years of additional legal wrangling before he could collect on a legal judgment awarding him $100 million in…

Women land first three awards of the Year

Women have made a clean sweep of the first three Deputy Governor’s Employee of the Month awards for the government fiscal year that began on 1 July 2013. From diverse backgrounds, the one common thread that bonds them is their…

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East Capital Explorer to be restructured

Part of East Capital Explorer’s fund holdings to be restructured and adapted to new EU regulations East Capital is restructuring some of its alternative investment funds in which East Capital Explorer invests. This restructuring refers to East Capital’s four Bering…

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Property market starting to recover says Kim Lund

STARTING TO RECOVER – It has been a difficult four to five years for our economy, and the real estate industry has been no exception. Since the global financial crisis in late 2008, real estate activity and prices have fallen…

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Qunar Cayman Islands Ltd. (QUNR) is falling after Q3 report

From RTT news Qunar Cayman Islands Ltd. (QUNR: Quote) reported a third quarter loss of $0.08 per share after the close Tuesday. The stock is now down 0.53 on 3K shares. Qunar Cayman Islands dipped in early trade Tuesday, before…

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Cayman Islands Signs FATCA Type IGA with UK

From Maples & Calder 19 November 2013 On 5 November 2013, the Cayman Islands signed an intergovernmental agreement with the United Kingdom (“UK IGA”), laying the foundation for the automatic exchange of financial information relating to UK tax payers who…