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Issue No. 664 Thursday, 27 May 2004

CIDB Shake Up

The Cayman Islands Development Bank (CIDB) has had a second high-level executive leave the financial institution this month, this time with the departure of Deputy Manager Patrick Musaib-Ali.  Three weeks ago, then Chairman of the Cayman Islands Development Bank (CIDB), Andre Iton, resigned his position, saying he was frustrated that the Board of Directors was not in a position to make the institution the kind of establishment it had set out to be... read more...


Affordable Housing Debate Heats Up

Members of the opposition People’s Progressive Movement vigorously debated the Government’s Affordable Housing Initiative last week in the Legislative Assembly, while Minister responsible for Housing, Dr the Hon Frank McField just as forcefully defended the project.  Opposition Members Edna Moyle and Alden McLaughlin both staunchly criticised the housing scheme’s progress and cost... read more...


CUC achieves prestigious environmental certification

Caribbean Utilities Company (CUC) announced this week that it has received ISO 14001:1996 certification of all aspects of its operations at the Company’s North Sound Road site in recognition of its environmental protection initiatives and performance.  The certification, which represents an international achievement, involved an independent audit of CUC’s environmental management system... read more...


2004-2005 Budget Highlights: Part 8 - Ministry of Community Services, Youth, Sport and Gender Affairs

The total budget for 2004/2005 for this Ministry is $32,793,017 (up from $25,426,235 last year) of which the largest component is the cost of a wide range of community programmes and social services at $12,246,966, an increase of 47 percent over last year’s $8,304,089... read more...


Italian prosecutors seek trial for 29 over Parmalat scandal

Italian prosecutors on Wednesday asked for 29 executives and three financial institutions involved in the scandal over the collapse of the Parmalat food giant to be put on trial, judicial sources said... read more...


Person of the Day - Yaijai Panthong

From the northeast region Isaan in the kingdom of Thailand, Yaijai Panthong arrived in Grand Cayman nine years ago to work with her family.  Her cousin owns the Thai Restaurant in George Town where Yaijai works as a chef and waitress.  “I am very happy here in Grand Cayman. I like the people and the ocean. I also enjoy that it is very clean and safe,” she said... read more...


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