Archive for March 24th, 2015

Cayman on US money laundering list

Cayman on US money laundering list

| 24/03/2015 | 1 Comment

(CNS Business): Seven Caribbean countries find themselves on the US “Major Money Laundering List for 2015”. The United States Government published its “2015 International Narcotics Control Strategy Report” on Wednesday, and the Cayman Islands is on the list.

Continue Reading

DCI encourages young entrepreneurs

DCI encourages young entrepreneurs

| 24/03/2015 | 1 Comment

(CNS Business): The Department of Commerce and Investment (DCI) is looking for young entrepreneurs between the ages of 15 and 21 to compete in the Business Plan Competition at the Small-Business Expo on Saturday 18 April.

Continue Reading

Obama heading to the Caribbean

Obama heading to the Caribbean

| 24/03/2015 | 0 Comments

(CNS Business): America’s President, Barack Obama, will make his first presidential visit to Jamaica on 9 April. Reports from the White House stated the trip is focused on strengthening security in the Caribbean. Officials said in a release that Obama would visit the island nation to meet leaders, before departing for Panama to attend the Summit […]

Continue Reading

Liquidators call first creditors’ meeting for Caledonian

Liquidators call first creditors’ meeting for Caledonian

| 24/03/2015 | 0 Comments

(CNS Business): Creditors for Caledonian bank are scheduled to have their first meeting with the liquidators next month as they begin the process of finding out who the bank owes and how much. One of Cayman’s oldest offshore banks, Caledonian and Caledonian Securities were brought to their knees last month when the Securities and Exchange Commission (SEC) […]

Continue Reading

Local auto museum selling off dozens of cars

Local auto museum selling off dozens of cars

| 24/03/2015 | 2 Comments

(CNS): Around 45 cars from the Cayman Motor Museum are going under the hammer in Florida this weekend, according to organizers of the 13th annual Fort Lauderdale car auction. The museum opened in 2010 but it has been closed for several weeks. According to the museum’s website, the facility is undergoing renovations and will re-open […]

Continue Reading