
The Ministry of Community Affairs, Gender and Housing has appointed five members to serve on Cayman’s first Gender Equality Tribunal (GET).
Trustees of three Louisiana state pension systems have petitioned the Grand Court of the Cayman Islands in an attempt to force the flagship fund of a New York hedge fund manager into liquidation, after almost a year of failed negotiations to return about $145 million of their original investment and earnings.
The University College of the Cayman Islands has received an expression of interest from a foreign university for use of its ‘Reaching for the Stars’ project telescope. UCCI President Roy Bodden said that the two universities are developing a memorandum of understanding but declined to elaborate, as he did not want to preempt the matter before the negotiations were complete.
The ruling United Democratic Party government is facing yet another demand for change in its almost three-year reign, with the launch on Wednesday of a petition to press for single member constituencies or “one man, one vote”, to be implemented in time for the next general elections in 2013.
Despite the reduction in the number of foreigners working in the Cayman Islands and the global cash crunch, the Department of Immigration collected up to CI$70 million for the 2010/2011 fiscal year, thanks to an increase in work permit fees.
More information about the Memorandum of Understanding between the Cayman Islands Government and China Harbour Engineering Company is about to come to light following the Information Commissioner’s recent ruling against the Port Authority of the Cayman Islands, which had rejected a Freedom of Information request from a local media house.
Chief Justice Anthony Smellie has been appointed to serve on a committee of INSOL International, a world-wide federation of national associations for judges, accountants, lawyers and other insolvency professionals that specialises in corporate turnaround and insolvency.
Bodden Town UDP MLAs Mark Scotland and Dwayne Seymour have dismissed claims by the opposition that the proposed Bodden Town dump was a problem of local residents.
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).
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 that the government is seeking to get more revenue from the new levies to be charged.
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.
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.
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.
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 regulate directorship roles.
Opposition leader Hon. Alden McLaughlin on Wednesday morning sharply criticised House Speaker Mary Lawrence, following her refusal to accept his motion to allow electronic devices in parliament.
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 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.
Community activist Sandra Catron this week filed a case for defamation against a former boyfriend and two other women over cyber bullying.
Saxon Administration Ltd. (Saxon), has announced the return of the Saxon Investment Club
Approximately 300 students of George Town Primary School will benefit from a yearlong commitment from Sagicor Life of the Cayman Islands
Aon Insurance Managers (Cayman) Limited has committed to supporting Feed Our Future
On Tuesday, 11 October, Digicel launched its 4G mobile network
The Office of the Director of Public Prosecutions is pleased to announce the appointment of experienced criminal prosecutor Trevor Ward
The Department of Commerce and Investment announced the launch a new business talk show