A big shake up in banking news here in the Cayman Islands as recently the Cayman National Corporation, the parent company of the local Cayman National Bank, confirmed there could be a possible takeover offer by an entity based in Barbados.
Developer Fraser Wellon, of Watercolours/Water’s Edge/Stone Island acclaim, is one step closer to making his next ritzy project a reality.
Homelessness is a big problem throughout the world.
The Cayman Islands are progressive regarding a great many things. Technology? Yes. Financial services? Yes. Tourism? Absolutely.
Who is and who isn’t a Caymanian can sometimes be a difficult and contentious question to answer.
What came first: the chicken or the (gigantic commercial) egg (producing chicken farm)?
After much delay and calls for answers coming through the local news media outlets, the successful bidders for the highly coveted and limited concession and vendor spaces at the newly remodeled Owen Roberts International Airport were recently announced.
The plan that has been submitted for the initial phase of the new Cayman Enterprise City campus has recently been approved by the Cayman Islands Central Planning Authority.
Banking may have just gotten a lot easier in the Cayman Islands recently as six big banks in the offshore jurisdiction have partnered to implement and install an automated clearing house platform. Its formation should make it much easier to perform the transfer of electronic funds.
Organizers and fans alike are very excited about next year’s Kaaboo Festival, what is being billed as the biggest attraction the Cayman Islands has likely ever seen.
The recent decision by the United Kingdom to effectually force the British Overseas Territories to make their beneficial ownership registries public has raised fervent alarm in many of the wealthy overseas jurisdictions.
Some unsettling news came across the wire for the United Kingdom’s overseas territories recently as they will now be forced to implement public registers of beneficial ownership of offshore companies.
The Cayman Islands International School recently announced plans to expand its current facilities at a cost of forty five million dollars to meet growing demand for additional space from expatriate and local families.