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Cayman Islands News, Articles and InformationSurvey says Saturday service for POWith the results of its recent survey in the Cayman Islands, the Post Office is making plans to open on Saturday by the end of summer.The postal survey, which was conducted from 28 April through 5 May showed that, while six out of 10 customers are able to complete their postal business during regular hours, 69 per cent of respondents still want the Post Office to open on Saturday. The alternative, extended weekday hours, was selected by 53 per cent of respondents. Only 39.2 per cent said they could not complete their postal business during regular hours. Opening hours on Grand Cayman are typically about 8:30 am until - 5:00 pm, though it does vary. East End and North Side close for lunch between 12 noon and 1:00 pm. Hours of operation also vary on Cayman Brac and Little Cayman. Canada: Looking For Offshore Investors? - Consider Listing Your Hedge Fund on The Irish Stock ExchangeThe Canadian hedge fund industry has grown dramatically over the past decade. Where previously there were only a few participants in the Canadian hedge fund space, today there are several highly skilled Canadian hedge fund managers - many of which are ready to export their expertise globally. To access foreign investment, a Canadian hedge fund manager will often establish an investment fund in an offshore jurisdiction, such as the Cayman Islands or British Virgin Islands.... .
Calendar boosts community projectsAt a recent meeting of the Rotary Club of Grand Cayman, David and Melissa Wolfe presented the club with US$13,000. The donation represents proceeds from the corporate pre–sales of the 2006 calendar."Thanks to our corporate supporters, we are able to once more donate funds to community–based initiatives, said Project Manager, Melissa Wolfe. "Much deserved recognition goes to Deutsche Bank, Conyers, Dill & Pearman, JEC, Cayman Kai Developments, Bank Austria, Royal Bank of Canada, CITN, Solomon Harris, Paget–Brown Trust Company Ltd., Hurlstone Ltd., Dart Realty, Scotiabank, PricewaterhouseCoopers, WestTel Ltd., and the Water Authority." In addition to the Rotary Club donation, more than 1,300 calendars, with a retail value in excess of US$16,000, were given to the Cayman Islands Department of Tourism.
Radio Cayman Staff WoesAs it celebrates its 30th anniversary, Radio Cayman is counting on the community that it serves to invest its talent and skills in the further development of the national broadcaster. Radio Cayman has been experiencing challenging times when it comes to recruiting skilled Caymanians as broadcasters, despite the availability of funding for media studies. Acting Director of Broadcasting Norma McField said the government-run station has not been able to attract the right number of nationals for the vacant posts. We have received very little responses and most from people who are particularly trained in broadcasting, she said. Were always on the look out for Caymanians who have media training. Were too small to be able to train those who dont have the skills, she said.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. |
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