
Cayman Investment Fund Wins $18.1 Million Damages Order Against Cuba’s National Bank
A UK court has ordered Banco Nacional de Cuba (BNC) to pay more than CI $18.1 million.

A UK court has ordered Banco Nacional de Cuba (BNC) to pay more than CI $18.1 million.

Quarterly earnings surged despite mounting political pressure over rising electricity costs and household affordability.

Young Caymanians are gaining practical skills and professional experience through programmes designed to strengthen the island's future workforce.

Record first-half stayover arrivals suggest Cayman's tourism strategy is working, but environmental sustainability remains the bigger challenge.

A familiar part of Cayman's Cable & Wireless legacy will disappear as the longstanding email service closes.

New UK proposals on fraud enforcement and anti-money laundering could have implications for Cayman businesses with UK operations, directors or customers.

The industry added billions in assets and premiums while attracting new international insurance business.

Caribbean governments are responding with new measures and diplomatic engagement as businesses assess possible changes to regional commerce.

The Bahamas has become a key destination in the cruise industry's push to build larger, more controlled beach resorts, with Carnival, MSC and other lines investing in private or semi-private ports. The aim is to keep more passenger spending on site and give guests a smoother day ashore. Grand Cayman differs from the private-destination model now being pursued by the major cruise groups. Ships continue to drop anchor and tender passengers to shore. This means the port call is still shared with the island, not fully controlled by the cruise line. However, Grand Cayman remains an important cruise call in the Cayman Islands, in a region where the biggest operators are increasingly choosing destinations they own and control.

The expansion draws attention to the bank's decades-long relationship with the Cayman Islands, where historical regulatory records show a changing corporate presence.