MIDEAST-MONEY-Dubai considers rule change to lure more domiciled funds
* Financial regulator proposes new fund class * Aims to attract private equity and hedge funds * Less stringent regulation, higher minimum investment * Cost and ‘human infrastructure’ issues persist By Andrew Torchia DUBAI, March 16 (Reuters) – Dubai is…
Captive Managers handpick Cayman
The Cayman Islands Monetary Authority has licenced three new captive managers, filtering global captive business into one cohesive domicile. It is important for captive managers to choose an environment that has an established track record and the continued success of…
Quotable Caribbean
From The Dallas Weekly “Meeting with the industry’s leading cruise industry authorities is a key strategy to bringing more ships to our destination. As a result of this presentation, we were able to answer questions, change perceptions and spark important…
GM suffers another recall
By Andy Beal From Trackur WITH 1.6M RECALLS, 31 FAILURES, AND 13 DEATHS, GM’S REPUTATION HINGES ON JUST 3 WORDS If you offered a product that resulted in 31 failures and 13 deaths, you’d take that product off the market…
Donna Reid loses fight against cancer
Statement from the Cayman Islands Department of Tourism Statement from the Cayman Islands Department of Tourism on the passing of Mrs. Donna Reid It is with great sadness that we announce the passing of our beloved colleague Mrs. Donna Reid,…
Cartoon of the Day
By Tony Zuvela, Cartoonist “It’s my own little World which I can escape to everyday and create a fun, weird, berserk Cartoon to whatever subject I like. I enjoy doing all the work myself, and all the aspects of Cartooning,…
Caribbean Tourism Organization issues statement on UK Air Passenger Duty
From TN Global Travel Industry News The British Chancellor George Osborne will present his budget on 19 March in a speech to the British Parliament. The Caribbean Tourism Organization (CTO) will be listening carefully to see if the Chancellor is…
LIAT threat to shrink Caribbean Airline Network
By Robert MacLellan From Spice Islander The board of LIAT airline is clearly feeling the pressure of mounting ongoing criticism of its consistent inability to achieve a stable business model and to provide a vital intra regional air service in…
new sea worms
Photographer reveals terrifying new sea worms By Dennis Green From Mashable Deep under the sea lurk invertebrates cooler than your average earthworm. Photographer Alexander Semenov captures images of beautiful, mesmerizing worms underwater. The marine worms — technically classified as polychaetes…
American injured in Belize plane crash
From Caribbean360 While the pilot escaped unscathed, his female passenger sustained head injuries and was listed in critical but stable condition in hospital. BELMOPAN, Belize, Monday March 17, 2014 – Civil aviation officials were continuing investigations Saturday into the crash…