Cayman Enterprise City (CEC) will be having its groundbreaking ceremony in the Savannah of Grand Cayman in March this year, according to Hillary McKenzie-Cahill, Vice President of Marketing & Business Development
he Concerned Citizens Group, which last year organised a petition against proposed changes to the West Bay Road, has moved to clarify press reports regarding signatures on the petition, which was presented to His Excellency the Governor on 12 December.
r Steve Tomlinson, founder of the Chrissie Tomlinson Memorial Hospital, has reacted to the recent exposition by the Cayman Islands Public Policy Institute (CPPI) on the skewed nature of the Dr Devi Shetty’s Narayana Cayman University Medical Centre (NCUMC).
A United Nations report released this week paints a daunting picture for the world economy in 2012. The “World Economic Situation and Prospects 2012” produced by the UN Department of Economic and Social Affairs, notes that “countries throughout the world will experience an economic slowdown this year as the sovereign debt crisis in Europe continues to unfold...
The Cayman Islands is in the international news again, this time being accused of being the tax haven of leading Republican presidential candidate Mitt Romney.
The fund industry in the Cayman Islands will have another CI $2,500- $3,000 in costs to think about, thanks to the newly implemented Cayman Islands Master Funds registration legislation.
Although the new legislation appears to be the Cayman Islands government’s response to international pressure for the regulation of the fund industry, it is also possible...
India recently ratified a tax information exchange that was signed with the Cayman Islands on 21 March 2011.
In a recent notification by the country’s Central Board of Direct Taxes (CBDT) dated 27 December 2011, the country confirmed the provisions of the agreement were now operational.
To maximise your time and intensity, you should also consider supersets. That means that you don’t really get any rest time; after one set of an exercise you alternate with a set of a different exercise, for example, working opposite muscle groups. Not only do you gain time, but you keep your heart rate elevated. That will also be a signal to other people in...
The West Bay Concerned Citizens group has called the public to a meeting on Thursday, 19 January at Sir John A Cumber, saying that they need to chart the next step, following the government’s approval of changes to the West Bay Road, which the group has opposed.
Hundreds of family, friends, business, community and government leaders came out to watch the class of 2011 from the International College of the Cayman Islands receive their degrees during its graduation ceremony held at the Family Life Centre on 5 January.
Despite a slump in construction-related activities in the Cayman Islands, the real estate
industry, accounting for 8.8 per cent, displaced wholesale and retail trade as
the third largest contributor to the economy, according to a report by the Economics and Statistics Office.
Late last year, a plane carrying a Mexican and Colombian crashed into the bushes in Cayman Brac. It was reported that the perished on their ill-fated trip.
Being of nationalities that the world associates with illegal drug trafficking, it was only natural for people to speculate and for our media to report that the UK’s Air Accident Investigation Branch...
Julian Assange, the mercurial founder of whistle blowing website, WikiLeaks mentioned the Cayman Islands in a negative light, suggesting that the territory is a conduit for money laundering.
Residents of the Cayman Islands continued to spend more on commodities as the consumer price index (CPI), which measures changes in the price level of consumer goods and services purchased by households, increased by 2.6 per cent in comparison to September 2010.
As we think of the Christmas holiday and the fact that baby Jesus was born in a manger, we should remember the dynamics that had caused this to happen. Jesus was born to two parents who did not have the means to afford luxurious lodgings for that very important moment of their lives. At the time, the demand for such facilities was high as many families had t...
Very often when governments and the public look at private sector investments, all they see are jobs being created and taxes that could be raised. However, it is not often understand that the companies’ earnings go to pay creditors, shareholders and those holding debenture
Premier McKeeva Bush has effectively shot down suggestions that Red Bay could be a suitable alternative location for a seaport, when he stated this week that George Town was the place of choice for a new cruise dock for the Cayman Islands.
The government this week enacted the Traffic Law 2011 and with it comes the good news that it legalises the use of electric-powered vehicles in the Cayman Islands.
If you find yourself looking for that killer exercise or diet “secret” that will unlock the mystery of having a perfect body, then you might be in danger of shifting focus away from what actually delivers results.
he overall current account balance of the Cayman Islands continued to be in deficit in 2010. The deficit stood at CI$408.2 million, reflecting a decrease of $11.9 million over the 2009 figure of $420.1 million. This deficit represents the amount that has to be funded by financial and capital accounts in order for the Balance to Payments (BOP) to balance.
On Wednesday 14 December, Hazard Management Cayman Island observed Earthquake Awareness Day and used the opportunity to educate students and companies about earthquakes and what to do in the event of one.
Trading in shark products damages shark populations but there is good news: A growing number of countries in the Caribbean are banning shark fishing and so helping to restore a healthy balance to their seas.
The recent Grand Court judgment in the Weavering Macro Fixed Income Fund case is being mulled by the Cayman Islands Monetary Authority (CIMA) and changes to corporate governance are expected to be introduced next year.
Responding to the landmark case, Yolanda McCoy, Head of the Investments and Securities Division at CIMA, said that the authority must regula...
In an effort to support local charities and organisations in their Christmas outreach efforts, Camana Bay is working to build support for their existing seasonal programmmes through the Camana Bay Christmas Give project.
Sometimes the journey towards our goals passes through stages where it seems like nothing is really taking place or nothing is happening to advance our progress. It’s often in these times that the greatest changes are taking place.
Career civil servant Mr Robert Lewis has been appointed as the first director of the Cabinet Office’s Policy Coordination Unit. The main purpose of this post is to coordinate the development and implementation of policies across all Government ministries and portfolios.
The line-item in the contract about re-aligning government’s revenue base is causing some concern in the community. Is it a coded way of ordering our MLAs to introduce Income Tax and/or Property Tax? Not necessarily. I believe it is merely a reminder that UNLESS Public Expenditure is reduced, one or both of those taxes will be unavoidable
The 2011 Atlantic hurricane season was a busy one, as predicted by forecasters, but for the Cayman Islands it was generally quiet and free from threats.
whatever it is, that our preparations, fumbling or confident, must be left behind, and we must then be concerned only with putting forth what is divinely ordered, or true, or strong, or restored, or elegant.
Patriotic leaders in the world should take advantage of cheap sovereign credit and invest in their countries instead of looking for scapegoats why they cannot move their economies forward.
On Monday, 12 December, Caymanians protesting against changes to the West Bay Road, as part of the ForCayman Alliance development plans, will present their petition to His Excellency the Governor, Mr Duncan Taylor at the new Government Administration Building.
Reina Jefferson, President of Cayman Islands Early Childhood Association, has stated that she will be developing a white paper to discuss the Cayman Islands’ investment in early childhood development.
The economy may be lower than ever, but you can rise above anxieties associated with this or anything else. Follow four simple steps to avoid stress and change your life forever.