A new service, termed as Voice over IP (VoIP), branded as “NetSpeak,”
is being introduced by Cable and Wireless Cayman Islands. The
communication company plans to offer this new residential broadband telephony
service, to its customers across all three of the Islands at the beginning of
March 2005. The launch of the service is contingent on regulatory approval... read
more...
New network of communications agencies formed
A conglomerate of 15 communications agencies from the Caribbean, Latin America, the United States and Bermuda, with combined billing of US$7 million, employing close to 200 staff and handling around 260 clients, has announced the creation of Comya
Global, a network of boutique agencies... read
more...
CIFSA delivers message to City of London’s financial players
The Cayman Islands Financial Services Association (CIFSA)
sponsored a lunch last week in London to help promote Cayman’s financial
services industry and strengthen the ties between the City of London and the
Cayman Islands. The lunch took place on Wednesday 26 January at the Mansion House, in London’s Square Mile with The Hon. McKeeva
Bush, Leader of Government Business in attendance... read more...
Immediate product expansion plans for NBSC
Last weekend witnessed the first major retreat ever to be held by the National Building Society of Cayman (NBSC).
The Society’s Chairman, Earl Jarrett, said that the 4-day technical and
marketing session was a success and had resulted in the creation of plans for
the introduction of new products that are highly relevant to the market here. The main objective was to lay down plans to enable NBSC
to be a significant player... read more...
Financial services sector still growing despite Ivan
Mutual funds are closing in on the 6,000
mark with 25 percent growth, while new captives grew seven percent to 693 in
2004. Banking and fiduciary services held their own with total year-end footings
of licensed banks projected to be over US$ trillion. This momentum confirms the
financial services sector is hot, in spite of Hurricane Ivan. The
Authority’s goals for 2005 include improving its approach to supervision...
read more...
Entrepreneur of the Week - Sharon Connolly
Sharon Connolly owns the only business on Cayman Brac badly damaged by Hurricane Ivan. Aunt Sha’s
Restaurant and Bar on the southwest shoreline is well known for its great food,
specializing in local and Chinese dishes. It is hugely popular with Brac
residents and tourists looking for a place to go with a local Caymanian flavour.
Ivan completely destroyed the kitchen, including the sink, stove and beer cooler... read
more...
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A new service, termed as Voice over IP (VoIP), branded as “NetSpeak,”
is being introduced by Cable and Wireless Cayman Islands. The
communication company plans to offer this new residential broadband telephony
service, to its customers across all three of the Islands at the beginning of
March 2005. The launch of the service is contingent on regulatory approval...
The Cayman Islands Financial Services Association (CIFSA)
sponsored a lunch last week in London to help promote Cayman’s financial
services industry and strengthen the ties between the City of London and the
Cayman Islands. The lunch took place on Wednesday 26 January at the Mansion House, in London’s Square Mile with The Hon. McKeeva
Bush, Leader of Government Business in attendance...
Last weekend witnessed the first major retreat ever to be held by the National Building Society of Cayman (NBSC).
The Society’s Chairman, Earl Jarrett, said that the 4-day technical and
marketing session was a success and had resulted in the creation of plans for
the introduction of new products that are highly relevant to the market here. The main objective was to lay down plans to enable NBSC
to be a significant player...
Mutual funds are closing in on the 6,000
mark with 25 percent growth, while new captives grew seven percent to 693 in
2004. Banking and fiduciary services held their own with total year-end footings
of licensed banks projected to be over US$ trillion. This momentum confirms the
financial services sector is hot, in spite of Hurricane Ivan. The
Authority’s goals for 2005 include improving its approach to supervision...
