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Cayman Islands News, Articles and InformationBanks face new challengesAs the cornerstone of the financial sector in the Cayman Islands, the banking sector faces growing international regulation, more competition from other jurisdictions, a shortage of qualified personnel, higher customer service demands, as well as the implementation of the new seven-year work permit limits, under the Immigration Law, (2003).Numerous industry experts addressed the challenges and opportunities the banking industry faces at the recent Cayman Islands Bankers Conference at The Ritz-Carlton Grand Cayman last week. The Chairman of the Cayman Islands Monetary Authority (CIMA), Timothy Ridley discussed the current international developments such as Basel II, the Financial Stability Forum, the Financial Action Task Force, International Monetary Fund and their implications for the Cayman Islands. Man attacked with machete on the BracAn incident on Cayman Brac involving a machete attack is not typical for the Island, according to Chief Inspector Reginald Branch, who heads the Brac Police Station.According to a report from the Royal Cayman Islands Police Service, (RCIPS) a 42-year-old man was taken into police custody following the incident which took place on Monday, 13 June at the Watering Place Park, Cayman Brac. The Park, known locally as "Pop-a-Top", is located on the Beach at Tibbetts Turn on the north side of the Island and is a popular area for Brac residents to socialize. At approximately 6.45 pm the 911 Emergency Communications Centre received a call from a member of the public reporting that a fight had occurred between two men at the public park. Officers attended and found a 32-year-old man had sustained serious injuries from a machete used for cutting wood. CBI seeks documents on 'kickbacks' in Australian wheat dealNew Delhi, June 29 (PTI): Two years after closing its probe into the alleged payment of commission for wheat imports from Australia in 1998, the CBI has again approached that country's government to provide it with documents following media reports that kickbacks of 2.5 million dollars were paid for the deal. The agency, which had closed the case in January 2004, approached the Australian government after the Indian mission in Canberra sent copies of media reports and the findings of the Cole Commission, which uncovered the kickbacks while probing Iraq's oil-for-food programme, CBI sources said. The sources said the agency had, in a communication sent through diplomatic channels, asked the Australian government to furnish all details about the case and documents suggesting that the money had been paid to an unknown bank account in the Cayman Islands.911 Center Receives AccreditationThe Emergency Communications Department for the city of Rochester and Monroe County received accreditation from the New York State Sheriff's Association.
The 911 center is only the sixth emergency center in the state to achieve that distinction. To do so, the agency had to meet 70 standards developed by experts in the emergency communications field.
"Accreditation is not available for the emergency centers which are merely good. We hope that all emergency communication centers are at least good. It is available, rather, for those agencies which are a cut above, for those agencies that set the standard, set the pace for other agencies to follow. I'm pleased to report the Rochester-Monroe County emergency center is one of those agencies," said Peter Kehoe, of the NYS Sheriff's Association.
Summer fun set for kidsThe Rogest Outreach Program is taking place this summer. The program involves a poem contest and a painting event that children can enter to win prizes.The program will cover different areas of creativity that children may wish to explore, from literary to artistic. The poem competition is open to all youth from age eight to 16. It requires children to write a poem about a Cayman sea turtle. The poem must have four key components in it and be presented in a subtle and enjoyable way. The components that should be recognised are the environment, a moral to the story and fantasy and creativity. The story should target all ages, and work especially well for family reading time. The deadline for the submission of poems is Friday, 16 June.
Catboat Club's future plansAustin Ebanks (left) and Kem Jackson, two members of the Catboat Club with a catboat, the Captain D, that was originally built in the 1940s.The Cayman Catboat Club is a non-profit organization, both with the overall goal of perpetuating the art of Catboat building. The present aim of the club, besides trying to raise awareness of the club's activities, is to gain a long-term lease on a building they have been using, formerly the Whitehall Bay restaurant, next to the Lobster Pot restaurant in George Town, so that they will be able to invest in its renovation. The existing building dates back to the early 1900s, and is of 'Wattle & Daub' construction with ironwood posts. Traditionally, it was the place in Georgetown harbour where large schooners and smaller wooden boats were cleaned of barnacles, a process known as 'careening.' Although badly damaged by Hurricane Ivan, the building can be restored and brought up to modern standards, according to club member Paul Dedrick (known to everyone as 'Spike'). Appointment of Executive Assistant Manager of Food & Beverage at ...The Oriental, Singapore, is pleased to announce the appointment of Mr. Stefan Tornau as the Executive Assistant Manager (EAM) of Food and Beverage.Stefan, a German national, is a veteran in the food and beverage industry. He was the Director of Food and Beverage at InterContinental Hotel, Dubai for almost four years from late 2001 and was instrumental in successfully revamping their restaurants which eventually won several awards for their innovative concepts. Thereafter, he was assigned the role of Regional Director of Food and Beverage at InterContinental Hotels Group in 2005, based in Greater China, overlooking over 50 hotels within their group’s portfolio while providing directions in implementing new food and beverage concepts for each of the hotels. Beginning his career as a chef in 1984, Stefan worked his way to become the Executive Chef of Hong Kong Convention and Exhibition Centre till 1999.
Schools hit hard by floodingStorm preparedness personnel in the Cayman Islands got an early hint of what to expect in the 2006 hurricane season as inclement weather brought all public schools to a halt on Friday.Hundreds of students and teachers were advised by the Ministry of Education to vacate their schools as heavy rains brought flooding to some, while others were abandoned for precautionary reasons. The ministry reported that flooding of classrooms occurred at Savannah Primary, which caused disruption to several classes in the flood-prone area of Grand Cayman. Despite the weather conditions, external examinations went ahead at the John Gray High School - the senior public high school on the Island. School buses were sprung into action as school officials moved to get their charges to their various districts. According to the local Met Office, "extensive cloudiness over the western Caribbean in association with a surface trough over the western Caribbean" could be blamed for the bad weather. |
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