Cayman Government gives residential customers electricity cost relief
GRAND CAYMAN, Cayman Islands – The Cayman Islands Government is offering a fuel cost credit to residents across all three islands to help alleviate the price of electricity this summer. In anticipation of the sharp increases in electricity costs due…
Cayman: RCIPS FCIU advises public on circulation of forged bank notes, one man arrested
From RCIPS On Sunday, 26 June, officers responded to a report that a man had been using forged bank notes at a bar on Bodden Town Road. Officers attended the location and arrested the man, age 52 of Bodden Town,…
Cayman: Amendment intended to attract investment and benefit clients
Grand Cayman, 7 June 2022 – By giving institutional investors more investment options, the Insurance (Amendment) Bill, 2022<http://gazettes.gov.ky/portal/pls/portal/docs/1/13162600.PDF> is intended to strengthen the Cayman Islands’ position in international reinsurance and domestic insurance. Minister of Financial Services and Commerce, the Hon….
CIG draws US$393M in local loan funds, invests in US Treasury Notes
The Cayman Islands Government will this month withdraw the remaining US$393 million of a US$403 million “Line of Credit” loan facility executed in December 2020 with a consortium of local banks and simultaneously invest the proceeds in 2-Year US Treasury…
What should gamblers know for a healthy casino experience?
An inappropriate understanding of gaming basic rules and the desire to bet a lot instantly can cause a lot of problems for a punter. Perceiving a typical beneficial strategy for wholesome gambling will allow users to become more familiar with…
GiversPlanet Grand Cayman
Congratulations to last week’s Cash Prize winner! More great prizes! More chances to win! Join us in congratulating last week’s winner!C. Ebanks – Bodden Town, Grand Cayman took home a $100 cash prize at our first weekly drawing on 3…
IMF / Ukraine – Lebanon – Tunisia
The war in Ukraine will overshadow the still incomplete economic recovery from the pandemic the IMF announced in a press briefing today, Thursday March 17, 2022. The IMF is assessing the magnitude of the impact of the war on economic…
IMF / Managing Director’s Remarks on Ukraine
A downward revision of the IMF’s global growth projections is expected next month with the release of the World Economic Outlook during 2022’s Spring Meetings. The IMF’s Managing Director announced today, Thursday March 10th,2022 in a closed virtual press briefing. …
IMF Argentina
The IMF has reached a staff level agreement with Argentina to set that country’s economy on a sustainable and credible path to deal with its international debts, the Fund announced Thursday (March 3) in Washington, DC. The agreement addresses economic…
Dominica’s resilience and sustainable growth to be strengthened by the World Bank
WASHINGTON, June 3, 2022 – The World Bank Board of Executive Directors has approved two loans for Dominica: the Dominica Second Covid-19 Response and Recovery Programmatic Development Policy Credit for US$30 million and the Dominica Disaster Risk Management Development Policy Financing for US$20 million. Both…
