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Credit rating given to Chinese Cayman registered company

TEXT-S&P summary of Yuzhou Properties Co. Ltd. Credit rating Summary analysis — Yuzhou Properties Co. Ltd. ——————– 22-Aug-2012 ================================================================= CREDIT RATING: B+/Negative/– Country: Cayman Islands Primary SIC: Real estate agents and managers Mult. CUSIP6: 98871W ================================================================= Credit Rating History: Local…

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ICCI graduates compete on US and UK university stage

Two graduates from the International College of the Cayman Islands are heading to Nottingham Law School in the UK this fall after Nottingham accepting their degrees because they are U.S. accredited. With a bachelor’s degree in Finance at ICCI, Arleth…

Explosive trial ends. Midland Acres fined $1,300 for violations

There were no loud explosions in the dynamite materials case involving Suresh Bhemsein Prasad, Managing Director of Midland Acres Ltd, on Wednesday (29) after Prasad changed his plea to guilty to four counts of importing explosive materials without the correct…

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Mauritius styles itself as a Cayman Islands to India and offers India two islands in effort to preserve tax treaty

In order to style itself as another Cayman Islands how far will a country go to secure a favourable deal for itself? Pretty far, it seems. Mauritius has offered a couple of sun-drenched islands to India as part of a…

Bush bashes “Compass” and “CNS”

We publish below in its entirety a Statement by the Premier and Minister of Finance that was made in Finance Committee on 27th Aug 2012 and sent to us on Tue 28th. The statement concerns a front page article in…

The “paperless” Shetty Hospital breaks ground

With well over a hundred invited guests the well publicised Cayman Islands ‘Shetty’ hospital/health city finally broke ground on Monday (27). MC and spokesperson for the project, David Legge, welcomed everybody and described the US$2B facility as (once completed) “the…

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CITA happy with improvements at Grand Cayman Airport

The Cayman Islands Tourist Authority (CITA) is happy with the new improvements that have just been completed at the Owen Roberts International Airport in Grand Cayman. CITA said, via a news release that, “one of its stated Tourism Issues and…

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Willow Glass: ultra-thin glass can ‘wrap’ around devices

By Katia Moskvitch Technology reporter, BBC News A new type of flexible ultra-thin glass has been unveiled by the firm that developed Gorilla Glass, currently used to make screens of many mobile devices. Dubbed Willow Glass, the product can be…

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Red Sail Sports Grand Cayman Launches New Website

Red Sail Sports has launched a new website in conjunction with the celebration of its 25th Anniversary. The site at http://www.redsailcayman.com/ is the place where visitors can go to find the latest on the wide range of services offered by the…

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[Cayman Islands,] Gawker, Pots, and Kettles

By Charles C. W. Cooke of National Review Online I sent a few e-mails yesterday inquiring of Gawker’s staff how it felt about working for a company whose Cayman Islands–based finances are, as John Cassidy of The New Yorker put it,…