ST JOHN’S, Antigua and Barbuda: Antigua Sun, June 2, 2006 – China is a major manufacturing power, the “supermarket of the world” but their tourism and financial services sectors are insignificant compared to their manufacturing and agricultural sectors.

Their offshore financial services sector is even more insignificant when compared to the financial services sector of other countries including small island states like Cayman Islands and the Channel Islands.

Caymanians collecting money from Dyoll

KINGSTON, Jamaica: The Jamaica Observer, May 31, 2006 – Jamaicans who are owed money by Dyoll Insurance Company have so far collected only $25 million of the $140 million that has been made available by the liquidators since May 16, in the first interim payment.

After $400 million in cash became available from reinsurance unearned premiums, the liquidators were placed in a position to offer the current payment to Jamaican and Caymanian creditors.

Dyoll is now believed to have $3.4 billion in liabilities - $1 billion more than was estimated last July. Of this amount, $1.5 billion is due to 5,000 persons in Jamaica, while the remaining $1.9 billion represents Caymanian interests.

Unlike the situation in Jamaica, Caymanians who are owed have been collecting their money.

Cayman interested in Guernsey’s jet-ski regulations

ST PETER PORT, Guernsey: Guernsey Weekly Press, June 2, 2006 – Next year, Guernsey harbour master, Captain Peter Gill, hopes to put pressing local matters onto the agenda, including the logistics of hosting large cruise ships and regulating jet-ski use.

‘In Bermuda, they have huge lagoons and jet skis are allowed almost everywhere. But that is not to say they are popular. The Cayman Islands have no jet-ski regulation and has expressed an interest in how we do it.’