Issue No. 566 Wednesday, 7 January 2004

A longstanding dispute between tax authorities and a Cayman Islands subsidiary of a London-based bank is finally over as...

Ansbacher Settles With Irish

Local bank Ansbacher (Cayman) Limited, a subsidiary of the South African based banking group FirstRand, agreed to pay Eur7.5 million to the Irish Revenue authorities as settlement in full for alleged tax liabilities in Ireland... read more...

American Track Stars Arrive In Cayman

United States Olympians Tim Montgomery and Marion Jones landed at Owen Roberts International Airport last Saturday for a month-long stay that will include relaxation and training... read more...

Seven Appointed As Justices Of The Peace

On 9 December, Acting Governor James Ryan appointed seven persons as Justices of the Peace for the Cayman Islands and notification of the actions was published in the Cayman Islands Gazette dated 29 December, 2003... read more...

UniTel gears up for launch of telecom services

One of the new entrants in the battle to provide telecommunication services for Cayman has announced it will soon be recruiting staff. United Telecommunications Ltd received its licence last October...  read more...

Massive PFI-type financing failure cited as Parmalat's Cayman subsidiaries are liquidated

The Cayman Islands company at the centre of the collapse of Italy's top food group, Parmalat, is now under the control of local liquidators Ernst & Young, according to Andrew Jones of Maples and Calder, who provided registered offices for several Parmalat companies... read more...

Person of the Day - Rosaura Saams

Living away from her three children is not easy for Rosaura Saams. But the economic situation in her native San Andres is so difficult that she would not be able to provide her children's needs if she stayed there. 
Rosaura explains: "What I most want for them in life, is a university education, so I have to make this sacrifice for them." She is grateful that her work at Kirk Supermarket allows her to support them... read more...

OTHER NEWS

• Man charged with murder
• Four crossing wardens monitor Harbour Drive
• Grand Court Opening this Wednesday
• Cayman Islands culture hits Chicago with renowed Native Sons exhibition
• Paul Shaffer takes to stage with Body and Soul at Hyatt
• CCMI launches Phase II of its Legacy Campaign
• Church keeps historic tradition alive
• Good neighbours join together to make park opening a Christmas gift
• CUC supports Cayman Business Conference
• Shorter turnaround time for survey verification
• Pricewaterhouse donates computers to charity
• News about the Cayman Islands in the Foreign Press

SISTER ISLANDS REPORT

• Christmas bash ends the year on a high note
• Cayman Brac Power and Light: where it's been, where it's going

EDITORIAL

• The Side Effects Of Cruise Tourism Boom

SPORTS

• Cayman's runway recently graced with speed
• Swimmer aims to be a big fish in a big pool
• Topping stuff from Papa John's scorches competitors
• Phoenix ready for take-off again