Lloyds fined for PPI payment delay by FSA
Lloyds Banking Group has been fined £4.3m for delaying compensation payments to customers over Payment Protection Insurance (PPI) mis-selling. The Financial Services Authority (FSA) said that 140,000 customers did not receive their payments promptly. Hundreds of thousands of people have…
Digital Storage Speeds Trade and Business Processes
Effective immediately, the Trade and Business Licence Unit (TBL) is now storing files digitally. This move will result in faster document retrieval, as well as greater sharing of multiple-purpose documents across government departments, once the relevant permissions are granted. *‘When…
GMIC to Develop Certification Around APEX Green Meeting Standards
by Matt Alderton PRCaribbean CEO and co-founder and past CEO of the Independent Meeting Planners Association (IMPA) back in the 80’s in the United States, continues to advocate for the Caribbean, the importance of focusing our efforts on the corporate…
Tax Holiday in the Caymans
By Brian Palmer – Slate.com Should you stash your money in the Cayman Islands? Jack Lew, President Obama’s nominee for treasury secretary, faced questions about his investment in a Cayman Islands-based hedge fund during his confirmation hearings Wednesday. President Obama…
Americans still spurn electric vehicles
The Obama administration has set a goal of having 1 million plug-in electric vehicles on the road by 2015, and the government offers a $7,500 tax credit to buyers. But, by and large, Americans still are rejecting electric cars. Only…
Appleby Reports Offshore M&A Activity for Q4 2012
Offshore markets experience healthy uptick in M&A Activity to round off 2012 London, 19th February 2013 – The offshore markets experienced their largest quarter-to-quarter rise in M&A transactions in the last three years, according to a report released today by…
Mervin Smith Declares as Independent for West Bay
Prominent community advocate and small business owner, Mervin Smith has declared his candidacy for one of the four seats in West Bay. The third child of John and Charity Smith, Mervin Smith grew up in Birch Tree Hill and has…
Owen Roberts Airport nominated for award
Although it didn’t win, Owen Roberts International Airport, Grand Cayman was one of five airports nominated for Routes Americas 2013 best airport.. The other airports nominated were Lynden Pindling International Airport, Nassau (Highly Commended), Alejandro Velasco Astete International Airport, Cuzco Hewanorra International…
Gala Dinner to celebrate education
Come and celebrate the 7th annual Joanna Clarke Excellence in Education Award and Scholarship 2013 Gala Dinner. The Gala will be held at Grand Old House, South Church Street, George Town, on Saturday March 9th starting at 6pm with cocktails….
Immigration detects illegal workers
On Friday, 15 February Immigration officials conducted checks at three Red Bay establishments (Sail Inn, Weigh Inn and Game On). This followed many weeks of communications with these businesses (formerly known as Dog House, Brick House and Brew House). During…
