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Registry Staff learns about upgraded Data System

From Ministry of Finance Marketing and Communications Unit General Registry staff attended training sessions on 7 and 8 November to learn the enhanced capabilities of the Cayman Islands Online Registry Information Service (CORIS) system. CORIS is available to service providers…

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Tethys Petroleum Limited: Third Quarter 2012 Financial Results

Production Revenues Increase 46% Marketwire – Canada GRAND CAYMAN, CAYMAN ISLANDS–(Marketwire – Nov. 14, 2012) – Tethys Petroleum today announced its third quarter 2012 financial results. The results are highlighted by a 46% increase in production revenues over the third…

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China confirms leadership change

Xi Jinping has been confirmed as the man to lead China for the next decade. Mr Xi led the new Politburo Standing Committee onto the stage at the Great Hall of the People in Beijing, signalling his elevation to the…

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Premier says Cohen’s proposed borrowing deal would have cost us less

Statement By the Premier, Honourable McKeeva Bush, OBE, JP In the Legislative Assembly November 15th 2012 Madam Speaker, In 2011 the Government proposed to borrow, but to not use the conventional way of taking a loan from a commercial bank…

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Higgs & Johnson supports Pink Ladies Annual Christmas Bazaar

Higgs & Johnson, Attorneys-at-Law, have once again supported the Pink Ladies Volunteer Corps Cayman Islands in their Christmas Bazaar preparation. Since the early 1980’s, the Pink Ladies have been raising funds and volunteering for the NCVO, Pines Retirement Home, Health…

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First Trust plans active commodities ETF [through Cayman Islands]

By Olly Ludwig, Index Universe First Trust, the money management firm known for niche strategies such as an Internet-focused ETF, filed regulatory paperwork detailing plans to market an active futures-based multi-commodity fund, though it will achieve its exposure indirectly by…

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FFR finally passed into law

The Framework for Fiscal Responsibility (FFR)  as set out in the Public Management and Finance (PMFL) amendment bill was finally passed into local law in the Legislative Assembly on Thursday (15) afternoon. The three UDP back-benchers, Ellio Solomon, Dwayne Seymour and  Cline…

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Turkey ruling party wins election with reduced majority

Near-complete results from Turkey’s election show the Justice and Development Party (AKP) of PM Recep Tayyip Erdogan has won a third term. With 99% of ballots counted the AKP had 50% of the vote, which local media said translated to…

Simmonds pledges UK’s support for OT’s

The Minutes from the Deputy Governor and Chief Officers’ Meeting held on Monday, 29th October shows a report from Deputy Governor (DG), Franz Manderson, who gave an overview of his visit to the UK sharing the contents of the meeting…

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Unwinding, unplugging at Marriott and Renaissance resorts

By Gay Nagle Myers The collection of Marriott and Renaissance Caribbean & Mexico Resorts offers a solution for a stress-free, digital-free vacation for guests trying to relax or feeling pressured to be connected 24/7 to their job. The nine resorts…