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St. K & N: The First Wave of the Second Disbursement of CBI Dividends Made

Basseterre, Saint Kitts and Nevis, June 22, 2023 (Press Secretary, PMO) – The second disbursement of CBI Dividend Payments began yesterday (June 21, 2023) and subsequent batches are to follow. Account information provided from the first disbursement will be used to…

Moody’s Affirms Cayman’s Aa3 Rating

Grand Cayman, 15 June 2023 – International credit rating agency Moody’s has maintained the Cayman Islands Government’s Aa3 bond issuer rating, Aaa country ceiling rating, and ‘stable’ economic outlook in a report issued on Thursday, 8 June 2023. Moody’s referenced the…

Why do you need a high risk merchant account?

Introduction: In the dynamic world of commerce, businesses operate in diverse industries, each with its own unique challenges and risks. For enterprises deemed as high-risk, obtaining a specialized high-risk merchant account is crucial. In this article, we will explore the…

MFS&C showcases Cayman

Ministry of Financial Services & Commerce showcases Cayman strengths to leading Asian stakeholders A team from the Ministry of Financial Services & Commerce completed an engagement trip to Hong Kong and Singapore last week, to bolster relationships with financial services…

St K&N: Existing student loans reduced to 5% at DBSKN

Major Reduction to Existing Student Loans Through Joint Initiative Between the Government of Saint Kitts and Nevis and DBSKN Basseterre, Saint Kitts and Nevis, May 19, 2023 (Press Secretary, PMO): The Government of Saint Kitts and Nevis is pleased to announce the…

Save the date – June 1 – Virtual Tourism Forum – Hurricane Preparedness and Climate Outlook

About the Caribbean Tourism Organization The Caribbean Tourism Organization (CTO), headquartered in Barbados, is the Caribbean’s tourism development agency, comprising membership of the region’s finest countries and territories, including Dutch-, English- and French-speaking, as well as a range of private…

Cayman: Ministry of Health and Wellness supports ADACI with $50,000 Grant

      From Ministry of Health and Wellness Grand Cayman, Monday, 29 May 2023- On Saturday, 27 May, Minister for Health & Wellness, Hon. Sabrina Turner, presented the Alzheimer’s and Dementia Association of the Cayman Islands (ADACI) with a…

Cayman: Statement from Premier and Minister for Finance & Economic Development Hon. G. Wayne Panton, MP, JP on Interest rates

Grand Cayman, 26 May 2022 – All of us in the Cayman Islands have been impacted by the rising cost of living in our Islands. Prices have increased across the board, with food, utilities, gas, accommodation, and other basic necessities…

Paused Debt Limit Talks resume, even as GOP, WH face ‘Real Differences’

From Newsmax Screenshot Debt limit talks resumed at the U.S. Capitol late Friday, a sudden turnaround after negotiations came to an abrupt standstill earlier in the day when Republican House Speaker Kevin McCarthy said it’s time to “pause” negotiations, and…

Quantuma engaged on sixth consecutive crypto related failure as AAX collapses

Quantuma joint provisional liquidators have been appointed over Atom Holdings (“Atom”) and five of its subsidiaries.  Atom, incorporated in Cayman, is a holding company for a group of entities previously involved in operating a cryptocurrency exchange which offered saving, spot…