Archive for March 16th, 2016

Dart buys Hyatt, Beach Suites to close

Dart buys Hyatt, Beach Suites to close

| 16/03/2016 | 44 Comments
(CNS Business): Dart Realty (Cayman) has acquired another major piece of property in Grand Cayman’s popular tourist area and where the current hotel operation is set to close down in six months. The island’s largest landholder has bought Beach Suites and the former Hyatt Resort, as we [...]

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Bermuda funds on fast track as cost creep clouds Cayman

Bermuda funds on fast track as cost creep clouds Cayman

| 16/03/2016 | 1 Comment
(CNS Business): Bermuda’s new low-cost, fast track regime for hedge funds is gaining traction, while frustration builds over the growing cost and regulation associated with a Cayman launch. Although the numbers involved are quite modest, industry insiders remain concerned that cost and regulatory [...]

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Private water firm remains in talks over new licence

Private water firm remains in talks over new licence

| 16/03/2016 | 0 Comments
(CNS Business): The Consolidated Water Company has said that it is still in talks with the local authorities regarding a new retail licence after its existing deal expired last December. In its operating results for 2015, in which it revealed a drop in sales in both Cayman and the Bahamas but an inc [...]

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