AGP Executive Report
Last update: 8 hours agoReef Restoration: Sustainable Cayman has launched a pilot at Eden Rock to test a low-voltage technology intended to support coral growth. The group says Grand Cayman’s coral cover fell to 6% last year, putting tourism, fisheries and coastal protection at risk. Company Results: Consolidated Water reported third-quarter revenue down 11.9% to $30.9 million, as stronger retail and bulk sales were outweighed by declines in manufacturing and services. Investment and Finance: Oxbridge Re says its AI GridWorks unit is assessing potential data-centre sites and power supply, while SurancePlus completed five tokenized reinsurance offerings worth about $7.1 million. Cayman-based Bullish named former NYSE president Stacey Cunningham its president as it pursues links between traditional markets and blockchain. Financial Reputation: The Cayman Islands ranked second in the Tax Justice Network’s Corporate Tax Haven Index, behind the BVI; the index measures risks of corporate profit shifting, not proof of illegal activity.
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