KeyTech’s (Logic) fiber network completion in George Town helps boost profits
In a filing to the Bermuda Stock Exchange (BSX), KeyTech Limited (Ticker: KEY.BH) released a preliminary announcement of results for the financial year ended 31 March, 2012. The KeyTech Group of Companies concluded fiscal year 2011/12 with a profit for…
“Quality of staff and cost of staff are far better or superior in Nassau than in the Cayman Islands,” says Fidelity Group Chairman
In a story that appeared on Tuesday (26) on Tribune242 headlined, “Fidelity’s Consolidation Boost For The Bahamas”, Anwer Sunderji, Fidelity Group of Companies chairman and chief executive, said all the back office functions related to its Cayman Islands-based credit card…
BCQS International announces director appointment
BCQS International, the leading Property and Development Consultancy of its kind in the Caribbean region and Latin America announced today the promotion of Associate Director and Chartered Surveyor, Jeremy Superfine to the position of Director, based in the BCQS Grand…
Cayman Islands reeled in ¥15 trillion from Japanese investors in 2011
The Cayman Islands attracted ¥15.36 trillion in securities investments from Japanese in 2011, the bulk from individuals seeking high-yielding instruments in the well-known tax haven, Finance Ministry data said Sunday. The amount represents a high level for Japan, although it…
300 Jamaican schools to get free Internet service from LIME
AN estimated 200,000 students at 300 primary schools across the island are expected to benefit from free Internet access through a partnership between the LIME Foundation and the Ministry of Education. Garry Sinclair, managing director of LIME Jamaica and the…
Underwater Trompe L’eau installed at Grand Cayman Airport
It might not have taken as long as Michelangelo’s Sistine Chapel frescoes, but Cathy Church’s mural-size underwater-photograph installation at Grand Cayman’s Owen Roberts International Airport is a stunningly ambitious project — and a bigger-than- life reminder of why divers flock to…
Cayman Islands Department of Agriculture says they will support ban on Paraquat
iNews Cayman has been shouting out loud the need for a ban on the deadly herbicide Paraquat. We have supported the Care2 action alert petition site to ban Paraquat in the Cayman Islands. We have written and published lead stories…
Reluctance to invest public sector pension funds in Cayman Islands entity
Frank Sinatra was onto something when he sang, “riding high in April, shot down in May.” Greenwich’s public sector pension fund lost 4.6 percent in value during the month of May, dropping from $312 million in value to $296 million. “May was…
Slush funds in the Cayman Islands?
Another ‘cheap’ crack about the Cayman Islands. Hedge funds are now ‘slush’ funds. This story concerning British comedian, Jimmy Carr, who revealed he was involved in a legal but embarrassing (for him) tax avoidance scheme, has been making the news…
Leadership Cayman Takes to the Streets to Tour Island’s Utilities
On June 6th, 2012, the 2012 Leadership Cayman (LC) class had the opportunity to learn from the experts on the infrastructure of the Cayman Islands. The seminar’s objective was to provide a broad overview of the present day development of…
