 |
 |
 |
 |
|
cayman island diving condo | ||||
|
|
Cayman Islands News, Articles and InformationCost of living driving people awayThe report of 1.6 percent deflation by the Economics and Statistic confirms what the general public is already experiencing, that housing and other cost of living expenses have finally been coming down a little in recent months.However, the Economics and Statistics Office still predicts the inflation rate will rise by 3 percent by the end of the year. That means that cost of living will still be 10 percent higher than it was two years ago, which is having a long term impact on the purchasing power of the average worker according to Tom Phillips, Economics Lecturer at the University College of the Cayman Islands (UCCI). "Problems caused by inflation after Hurricane Ivan can't be solved by lowering inflation," said Dr Phillips. "The damage has already been done. Toyota Motor Leads J.D. Power's 2006 Quality Survey (Correct)(Corrects Nissan rank and spelling of Infiniti in 22nd paragraph, spelling of Oshawa in final paragraph.)June 7 (Bloomberg) -- Toyota Motor Corp. dominated the closely watched J.D. Power & Associates annual survey of automobile quality, bolstering the Japanese carmaker's chances of winning market share from U.S. rivals. Toyota and Lexus vehicles topped more than half the categories in the J.D. Power & Associates Initial Quality Study. Porsche AG vehicles had the fewest problems on average, rising from No. 32 a year earlier. Seoul-based Hyundai Motor Co., which was plagued by quality problems in the 1990s, had its best showing ever at No. 3. among brands. Asian and European brands held the top six spots in rankings that measure each brand's average quality in design and production.
Another record year for hedge fundsSome 665 hedge funds established a presence in the Cayman Islands in the first five months of 2006, a pace that could put the offshore banking center on track for another record year in registrations in 2006 according to the Cayman Islands Monetary Authority.As of the end of 2005, there were 7,106 hedge funds registered in the Cayman Islands, far outstripping other offshore tax havens, including the British Virgin Islands at 2,372 funds and Bermuda at 1,182, CIMA said. Hedge fund managers routinely set up offshore funds in the Caymans and elsewhere to attract international investors who want to avoid being taxed in both their home country and the country into which they invest. Increasingly, US. pension funds and other institutions invest in U.S. Sizzling international demand for NZ lawyersProfessionals, including lawyers, made up the largest percentage of permanent departures from New Zealand in the year to June 2005, when government statistics show those departures increased by 13 per cent.Jonathan Walmsley, director of Sydney-based legal recruitment agency Dolman, predicts New Zealand lawyers will continue to contribute to those departures as non-traditional legal markets open up. While New Zealand lawyers from tier one firms in Auckland and Wellington are 'tried and tested' in the traditional overseas markets of Australia, the UK, and Asia, those markets are now also considering employing New Zealand lawyers from boutique firms, said Walmsley. This is particularly so in the corporate and finance areas, where the demand for lawyers has grown exponentially.
Candidates focus on growthHorry County Council District 2 spans from the lavish, upper-class neighborhoods along the coast in northern Myrtle Beach to the quickly developing rural areas around Nixonville and S.C. 90.Four candidates are vying to replace Mark Lazarus and be the next representative for the area. The final decision will be made by district voters Tuesday and could sway the County Council's approach to growth issues. Brent Schulz When it comes to planning growth, Brent Schulz has a wide breadth of experience: He serves on the Horry County Planning Commission, has taught the subject and is a partner in one of the most prolific development design firms in the county, DDC Engineers. "I think the County Council needs a planner on council," Schulz said.
Appalling behaviour to elderliesI read recently an article that appeared in your newspaper concerning a senior citizen who was quite unhappy that her appointment with the doctors at George Town Hospital had been cancelled and no one had thought it fit to inform her as to the reasons for the cancellation. I find this kind of behaviour very appalling but even more so what I find appalling is the lack of facilities for the elderly and/or handicapped in our society.Some of the people who have vacation and/or retirement homes here in the Cayman Islands are the elderly. We also have persons who for one reason or another are handicapped. I am absolutely amazed that the banks and other service providers on the Island do not have a dedicated line for persons with this type of disability. It does not have to be that one has to employ an individual to man the counter for the elderly and/or handicapped, but just a sign that says elderly, pregnant and handicapped persons only. It really breaks my heart when I go into the banks at lunch time and 9 times out of 10 there are only 2 tellers working the counter (during peak hours) and you have elderly persons some with walking sticks standing there patiently awaiting their turn in line. CAYMAN ISLANDS TO STRENGTHEN COMMERCIAL SHIPPING SERVICES INThe Cayman Islands Shipping Registry (CISR) announced Monday the re-launch of its operations in Greece with a strengthened, dedicated team based in Athens and the introduction of full-line services for commercial shipping.The announcement was made by Mr Joel Walton, CEO (Designate) Maritime Authority of the Cayman Islands (MACI) and Director, CISR, as part of its participation at Posidonia 2006, the world's foremost commercial shipping exhibition."We are confident that, with this increased investment in the CISR's Greek operations, we will be better positioned to meet the growing needs of Greece's commercial shipping sector," said Mr Walton. "The Cayman Islands has enjoyed a high profile in the Greek shipping sector for some time and increased services are a natural progression as the CISR continues to grow in size and stature around the world."The CISR's operations in Greece now include survey and audit services, increased capacity in vessel registration to meet the growing needs of the commercial market and mortgage services for new and existing clients.Bodden Town claims Under 14 FA CupThe powerhouse Bodden Town Under 14 team successfully defended their Under 14 FA Cup title on Sunday 21 May, continuing a run of dominant form that has seen the team lead the Queensgate Youth League all through the season as well.Bodden Town took on surprise FA Cup finalists Cayman Brac FC, who progressed to the final by defeating one of the title favourites, George Town SC, in a penalty shootout. Cayman Bracs appearance in the finals was certainly historic, and validated the faith that their coach Mitchum Sanford had placed in his team. It is also proof that Cayman Bracs participation in sporting leagues on Grand Cayman is both possible and desirable, as they are able to compete with, and defeat, the very best that Grand Cayman has to offer. The two teams certainly presented a spectacle out on the Annex pitch, which had been specially re-marked with additional yellow lines to more closely match the smaller pitches the Under 14 players are used to playing on. 99 Essential L.A. RestaurantsWhat does the Weekly mean by “99 Essential L.A. Restaurants"? It isn't necessarily a list of the very best restaurants in Los Angeles; that would almost certainly include L'Orangerie, which has been the most rigorously French restaurant on the West Coast for decades, as well as Belvedere at the Peninsula Hotel, Noe at the Omni, and too many high-end sushi bars to count, Mori, Shibucho and Wa among them. Nor is it a roster of the most influential restaurants: Valentino, Chinois and Patina are conspicuously absent. It certainly isn't an inventory of the most popular places to eat — we do include Casa Bianca and Pink's, but Langer's Delicatessen is included instead of Junior's and Brent's, and you will find the quirky Mexican cooking of Babita instead of the throng-pleasing cuisine of El Coyote, Marix or Mexico City.Youth for Christ gets new Youth WorkerThe Youth For Christ (YFC) organization announced this week the appointment of a new youth worker for the 2006-2007 term. The new face in the crowd is that of Miss Kellie Surratt, a recent college graduate from the US.Ms Surratt, who specializes in Human Services, earned her undergraduate degree last December from Pfeiffer University in North Carolina, where she majored in Human Services, with a minor emphasis in Child Psychology. Accepting the one-year appointment to the Cayman Islands, Miss Surratt has found herself working in the field she loves - Youth Ministry - and says that working internationally was the fulfillment of a career goal. |"I knew before I came here that I wanted to work with youth internationally. My last semester in school I was actually a pregnancy crisis counselor... |
|
||