Sunday, January 20, 2019

Cayman-based Real Vision looks to conquer financial media world

Real Vision founder Raoul Pal, who owns a house on Little Cayman, has ambitious plans for his firm, aiming for it to “disrupt” the media industry and replace outlets like CNBC as the financial journalism outlet of record.

Residential real estate growing by double digits; commercial ready to soar

The complaints nibble at the edges of their optimism, but the upbeat mood among real estate brokers remains firm, though things could be even better – and South Sound is still booming.

World’s cheaper oil not a big help to Cayman Islands

International politics, along with business and economic circumstances and newer technology used in the extraction of oil have all combined to rattle global energy pricing while generally not affecting the Cayman Islands economy.

Sea level, temperature rise threaten Cayman in just 80 years

The most-startling prediction is that a quarter-meter rise in sea levels, less than 10 inches, will swamp 33 buildings in Grand Cayman, among them 17 private homes and two apartment blocks. Apart from the shock value, the striking thing about the forecasts are that they are nine years old, published in 2009.

Cruising to Cayman: Making way for super ships

 The Cayman Islands and the Caribbean cruise industry have enjoyed a mutually beneficial relationship for many years. Currently, three business-related themes are converging that could strengthen this alliance substantially in the coming years: 


Hiding crime in plain sight – the crux with public company registers

Not least since the Panama Papers, media around the world have tirelessly repeated allegations that offshore financial centers are secrecy havens that enable financial crime.

Cayman slow to catch on to e-commerce

Online commerce, commonplace in most developed nations, has been slow to catch on in the Cayman Islands.

Economic Forum highlights concerns over cruise pier project

Regular readers of the Cayman Compass and other local media are surely used to seeing headlines over the years such as “Cruise dock deal on track,” “Government gives green light to George Town cruise dock,” and “Government plans to go ahead with cruise dock.”

Bank ‘de-risking’ poses serious problems for Cayman

The Cayman Islands finds itself caught in a global public policy debate over how to deal with cross-border cash transfers

Boom times for Cayman home real estate

Cayman's number of living units and guest accommodations is increasing.

Suzy Soto: A dream, a prayer and a lifetime in business

She would have driven the backhoe, dug the swimming pool and plumbed the pipes, but Suzy Soto merely removed the turtle grass, drove a truck and bore children.

The ‘greening’ of Cayman: slow, steady, complicated

In the next 90 days, the Caribbean will take another incremental step toward sustainable consumption as Cayman’s John Felder ships to Cuba the first electric cars in the island’s history.

Local artwork makes ‘Summer Memories’

Evocative images that speak of summer are currently on display at the latest art exhibition at the Ritz-Carlton, Grand Cayman’s Gallery, with paintings and photography submitted by a wide range of Cayman’s talented artists.

Stunning stories among highlights at alternative investment forum

Agent Gregory Coleman tracked his quarry, the so-called “Wolf of Wall Street,” for 10 years, ultimately sending him to a Nevada minimum-security prison for money laundering and securities fraud.

Could academies work in Cayman?

The jury is still very much out on the success of the English academy system, which officials are looking to possibly replicate in Cayman.

Renowned barrister sets up shop in Cayman Islands

Revered in the U.K. media as the scourge of over-zealous attacks on press freedom, barrister Trevor Burke is perhaps less well known in his second home, the Cayman Islands.

Board Apprentice launches in Cayman

A U.K.-based nonprofit striving to widen the pool of board-ready candidates to increase diversity on boards globally launches in Cayman.

Gov’t plans public consultation on ‘economic substance’ changes

When late last year, Cayman avoided being placed on an EU tax blacklist by committing to remedy, before the end of 2018, what the EU called a lack of economic substance of Cayman-based entities, few knew what exactly the Cayman Islands government had promised to do.

Tourism looks for big 2016 spend, but sees security concerns

The general mood related to tourism is upbeat and the statistics support it: arrivals are rising, construction is proceeding, employment is set to expand, and while economic recovery feels wobbly, optimism is guarded and hope springs.

Health City pushing into new markets

In 2015, Health City is looking toward accreditation, a start to expansion, a U.S. promotional campaign and efforts to gain recognition from medical insurers.
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