NOAA predicts ‘above average’ hurricane season
Voters ‘disenfranchised’ by residency rules, say election observers
Commissioner ‘alarmed’ after two cops beaten
Haines raises US$156,000 for Have a Heart Cayman
YMCA hosts event for founding donors
Proud of Them: Brittany Mobley and Jessica Moore
Triple C continues 75th anniversary celebration with 5K walk/run
Image Time Forgot: Seven Mile Beach in the late ‘50s
NEW: Elected members struggle to form new gov’t and name premier
HR pros gather at Kimpton Resort for conference
Cayman will remain a successful offshore financial center if it changes the message it has sent out to the world over the past decades, according to Pascal Saint-Amans, director of the Centre for Tax Policy and Administration at the OECD.
When Chris Bailey’s “Anything is Possible” conference kicks off on May 26 at the Kimpton Seafire, a handful of speakers will pose some probing questions – and 200 listeners will weigh innovative answers.
The country of Israel has developed into a small, but fine stronghold of high-tech. Israeli-owned companies in the sector have had a good run on the stock market for more than a year now. Quite rightly, as details prove.
Six trucks carry the tires to the conveyor belt, which lifts them high above an industrial hopper, dropping them into a shredder that reduces each one to two-inch rubber chips in five seconds. Despite an astonishing capacity to process between seven and eight tons of steel-belted radials – and others – each hour, Island Recycling and its Guernsey Recycling Group partner are likely to need nearly a year to process the half-million tires collected at the George Town landfill during more than a decade.
The ceremony was less than “historic,” but marked a minor milestone as Cuba’s first electric car was handed over in Havana on March 17 to its Guyana Embassy owners by Cayman Automotive’s John Felder. Felder’s U.S.-based Premier Automotive Export subsidiary of Cayman Automotive shipped the US-built, four-door Nissan Leaf to Havana in late February.
On Jan. 17, 2017, Brian Leveson, QC, approved the entry by Rolls-Royce and the Serious Fraud Office into the largest deferred prosecution agreement of its kind. In what is a timely reminder for all regulated entities – including those in the Cayman Islands – Rolls-Royce’s cooperation with the regulator was considered to be an important factor in determining that the DPA was appropriate.
Education will be a central priority for new Cayman Islands Chamber of Commerce president Kyle Broadhurst. The attorney succeeded 2016 president Paul Pearson in February. While Broadhurst will serve a quick year in the role, he hopes to use his term to solidify educational collaboration between the chamber and government.
Rental prices in Cayman are on the rise and considered expensive by most, but an international comparison shows they are still moderate compared to other international financial centers. Research by RENTCafé, a U.S. apartment search website, places Cayman behind 18 of the top 30 international financial centers in terms of apartment rental costs.
The current consensus on the possible impact of Brexit on the Cayman Islands and indeed the Caribbean is simply that it all depends on the final Brexit deal negotiated between the U.K. and the EU. But there are a number of reasonable implications and we need to prepare for them.
The bull market in stocks recently celebrated its eighth birthday. But the current upswing in share prices is already quite old by historical market standards. Although bull markets usually do not die of old age alone, nobody knows for sure for how much longer this one will survive. But whether its death comes tomorrow or in several years, the performance so far is impressive.
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