CIBC First Caribbean has had its best quarterly performance since 2010. For the first quarter of their financial year, ending January 31, 2015, they recorded a net income of $26.6 million. This is a good improvement compared with the net income of $15.4 million for the same period in 2014.
The Cayman Islands has also been named “Best Hedge Fund Services Jurisdiction” for 2015.
Cayman received the award at the Hedgeweek Global Awards in London’s Mayfair on the 27th of February. Hedgeweek Awards brought together 2014s best performing managers and service providers in the global hedge funds industry. (more…)
Jason Pickthall
April 1, 2015
BlogBest Hedge Fund Services Jurisdiction, Buying Land In The Cayman Islands, Caymanians, CIBC First Caribean, growth, Hedgeweek Global Awards, lower unemployment, Moses Kirkonnell
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The Ocala MSA economy has grown 1/3 faster than the national average each of the last two years according to the US Department of Commerce, BEA. Additionally, in a report for the US Conference of Mayors prepared by IHS Global Insights, the Ocala metropolitan statistical area (MSA) is predicted to have one of the 40 fastest economies in the US in 2015. (more…)
Jason Pickthall
March 6, 2015
Blogeconomy, fastest economies, Florida, housing market, Marion County, Ocala, UCF, US Department of Commerce
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Health City Cayman Islands (HCCI) celebrated its 1year anniversary of the hospital’s grand opening on Wednesday (25th February 2015)
During the first year HCCI has treated 2,500 patients, performed close to 200 procedures (including Cayman’s first ever coronary artery bypass graft surgery and first left ventricular assist device heart surgery), started an inaugural internship program, and launched the first Caribbean stroke prevention study.
The new medical facility, founded by Narayana Health’s Dr. Devi Shetty, offers affordable, world-class healthcare to Caribbean patients as well as its regional neighbors. Dr. Shetty was Mother Teresa’s physician and was inspired by her compassionate ways. Health City Cayman Islands is part of her response to bring high-quality, affordable healthcare to all in need, especially to those who may not be able to afford it. (more…)
Jason Pickthall
March 4, 2015
Bloganniversary, Caribbean, Dr. Devi Shetty, Dr. Irka Ebanks, EdisonHealth, HCCI, Health City Cayman Islands, healthcare, hospital, medical, Medical Destinations of Excellence, Mother Teresa
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The new additions at Charles Kirkconnell International Airport, new baggage equipment and an expanded departure area, was unveiled in late January 2015.
The brand new baggage screening machine complies with standards to allow international departures from Cayman Brac to the United States, for the first time since 9/11. The expansion also helps put Cayman Brac in a strategic position to reach Cuba, which is a massive launching point for people who travel to and from Europe. (more…)
Jason Pickthall
March 4, 2015
BlogAirport, baggage, Cayman Brac, Cayman Island, Charles Kirkconnell, Charles Kirkconnell International Airport, departure area, Grand Cayman, international departures, Moses Kirkconnell, screening, transportation, United States, USA
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Scuba Diving magazine’s readers voted on their most prized dive sites around the world and the Cayman Islands won more awards in the Caribbean and Atlantic than any other destination.
“As a prime dive destination, we are so pleased to have a thriving dive community who care for our underwater splendor and act as ambassadors for the Cayman Islands. Earning awards such as these are a reflection of the valued partnerships between the dive operators, tourism and government who all must continue to work together to ensure that our dive sites thrive and draw visitors from around the globe in the future.” Minister of Tourism Hon. Moses Kirkconnell. (more…)
Jason Pickthall
February 26, 2015
BlogAtlantic, best, Best Marine Environment, Best Overall Diving Destination, Best Under Water Photography, Best Wall Diving, Caribbean, Caribbean Journal, Cayman Islands, scuba diving, Scuba Diving magazine, Travel Awards, won, World Travel Awards
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Cayman has been the backdrop to many may major film productions over the years, including ‘Into the Blue’ staring Paul Walker and Jessica Alba and ‘The Firm’ staring Tom Cruse. However now the Film Commission Board is trying to be more active in bringing more movie, TV, commercial and documentary production crews to the Cayman Islands.
During 2014 the Film Commission moved from the Department of Commerce and Investment to the Department of Tourism. (more…)
Jason Pickthall
February 26, 2015
BlogCayman, Cayman film board, Cayman Island Film Commission, Cayman Islands, commercial, Department of Tourism, documentary production, film, Hollywood, movie, niche, productions, TV
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Cayman Enterprise City (CEC) was launched in Cayman’s economic zone (CEZ) in February 2012. During its first 7 months (February to September) CEC’s estimated impact on the local economy was CI$12.6 million. (more…)
Jason Pickthall
February 3, 2015
BlogCayman, Cayman economic zone, Cayman Enterprise City, CEC, CEZ, Charlie Kirkconnell, Enterprise City, Grand Cayman
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Thanks to the efforts of the Cayman Islands Government, private and tourism sector the islands have been named the Caribjournal’s ‘Destination of the Year 2014’.
The Cayman Islands are know for being a laid-back place with kind and friendly people. Even with its almost impossibly beautiful beaches it has remained somewhat under the radar, up until now. Thanks to the efforts of its tourism sector, Government and the private sector, the island is seeing new heights, including one of the highest rates of arrival growth in the Caribbean. (more…)
Jason Pickthall
January 12, 2015
BlogArnold Palmer, arrival growth, Candy & Candy GPS report, Caribbean, Caribjournal, Cayman Government, Cayman Islands, Cayman tourism, destination of the year, Enterprise City, Grand Cayman, Health City, investment, Owen Roberts International Airport
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Ocala in Florida is well known for its high quality of life yet low cost of living. The beautiful landscape and attractions bring in so many tourists every year; which is why it comes as no surprise that there is an increase of investment opportunities in this area.
The Ocala & Marion County Economic Development Corporation (EDC) have in place a plan to create 1,960 jobs which pay at least 115% of the average wage. The best part is that this is set to be in progress now! (more…)
Jason Pickthall
January 12, 2015
BlogCrownWorld, Florida, invest, Marion County, Ocala, plots, St. James Park, USA
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Cayman Brac land has a dramatic topography, with a limestone ridge rising from the middle of the island to 140 feet above the Caribbean Sea along the eastern edge. The island has a wrecked ship that attracts scuba diving enthusiasts seeking to explore wrecks. And caves around the island enable their explorers to get a glimpse of delicate underground formations. (more…)
Jason Pickthall
January 5, 2015
BlogCayman Brac, Cayman Brac Land, Cayman Brac Land Investment, Cayman Islands, Cayman Land, Investment Cayman Brac, Land Investment
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