Almost 20 months after the buyout of Barclays’ trust and fiduciary business and the launch in seven jurisdictions, trust and corporate service provider ZEDRA finally held its official launch party in Cayman in October.
Make what you will of the project to remediate the solid-waste disaster dubbed “Mount Trashmore,” but the effort to end the fire, smoke and leaching hazard has to be a good thing. The shredding of 7,000 tons of discarded tires is nearly complete, and at 100 tires per ton, that makes 700,000 tires that will be removed from the George Town landfill by early spring.
If anyone thought 2015 at Health City Cayman Islands was a busy year, 2016 promises to be frenetic: New capital projects alone are budgeted for $25 million.
The prescription is fascinating, sensible and easy to remember – and it might save your life: Shop the perimeter.
Why now, at a time of relative economic stability, does local food production become a topic of conversation in Cayman? Answers vary among government and outside agricultural experts, farmers, restaurateurs and food enthusiasts.
The authors of a business case analysis of the controversial cruise port project say their reports show that building two piers is, in economic terms, the “preferred option” for the Cayman Islands.
Despite all its efforts, Cayman continues to be named and shamed in lists created with dubious impartiality and questionable methodologies.
Financial markets were hit with an onslaught of weak economic news across the housing sector recently.
Since there is little competition in the Cayman Islands, roaming fees are higher than what Americans and Canadians pay. This has drawn some consumer complaints, but also efforts by telecoms to address the issue.
Cayman Islands law governing beneficial ownership data took effect July 1, ushering in a technology-based system to manage the exchange of information about the true owners of Cayman-registered entities.
World football governing body FIFA needs to do more to deal with the illegal gambling rackets tainting the integrity of the game, according to the investigator who brought down a match-fixing ring operating in the U.K.
Premier Alden McLaughlin’s announcement that Dart is planning an “iconic tower” that would “greatly exceed” the territory’s 10-story building limit was the biggest news to come out of last week’s Cayman Economic Outlook conference.
‘De-risking’ by individual institutions will lead to higher risk and exposure at the jurisdictional level.
Monique Frederick Butterfield Inflation, an ongoing rise in the general level of prices, is a metric of paramount importance in economic policy, and even more...
Cayman’s special economic zone has contributed about $20.1 million to the Cayman economy in 12 months.
Comparing the number of captives in the Cayman Islands – 711 as of Sept. 30 2016, up from 709 captives 12 months ago – would suggest a flat market. But the pure statistics and consolidation in the industry masks a strong influx of new captives and the increasing complexity and amount of business carried out by insurance managers in Cayman.
Cayman’s fund industry is facing significant changes under new regulations to fight money laundering and the financing of terrorism.
Basing electricity charges on a consumer’s peak use in any single month is a departure for the Caribbean Utilities Company, but executives say the scheme accords with its still-unpublished – and 15 months delayed – 30-year planning report.
Charles Blazer secretly pleaded guilty to racketeering and money laundering on Nov. 25, 2013, ending a long, strange career at the top echelons of football bureaucracy.
Cayman is globally renowned for its tourism and financial services, but is not known for having a pharmaceutical industry.