Shurna Decou

GEORGE TOWN, Cayman Islands (Reuters) - Cayman Islands officials say a growing number of Cuban migrant boats are being spotted in its territorial waters, apparently in response to possible changes in U.S. immigration laws migrants fear could make it harder for them to enter the United States.

Using makeshift boats or speed boats operated by smugglers, Cubans attempting to flee the communist-run island for the United States have long traveled through the waters of the Cayman Islands, a British t

* Pending deal with Chinese builder has been controversial

GEORGE TOWN, Cayman Islands, Oct 10 (Reuters) - The Cayman Islands are hoping to stem a loss of cruise passenger business by completing a controversial deal with a Chinese firm to build a $300 million dock to accommodate modern megaships.

Famed for its coral reefs and duty-free shopping, Grand Cayman Island is alone among the top 10 Caribbean destinations without a cruise ship berth, industry experts said.

Tourism is the second bigges

GEORGE TOWN, Cayman Islands (Reuters) - A renowned Indian heart surgeon has struck a deal to build a 2,000-bed healthcare city in the Cayman Islands to target American patients and insurers searching for deeply discounted medical care.

The British Caribbean territory agreed to the deal with Dr. Devi Shetty, a low-cost healthcare pioneer renowned as Mother Teresa’s heart surgeon. The Caymans fulfilled its part of the bargain last week by passing legislation that caps medical negligence claims at

GEORGE TOWN, Cayman Islands (Reuters) - The Cayman Islands are promising immigration incentives to keep foreign firms from quitting the Caribbean hedge fund hub, but locals want a bigger share of jobs in the lucrative financial sector.

The British overseas territory, a beach-lined island group south of Cuba that is legal home to most of the world’s hedge funds, has seen a drop during the global credit crisis in the number of companies located there, industry experts say.

Caymans Prime Minister

GEORGE TOWN, Cayman Islands (Reuters) - To coral reef-driven tourism industries like those of the Cayman Islands, there could be a greater cost in ignoring climate change than fighting it.

Ranked among the top 10 scuba diving destinations in the world, the reef system of the western Caribbean territory has lost 50 percent of its hard corals in the last 10 years in spite of strong environmental laws, scientists say.

“We are at a very critical time in the history of coral reefs,” said Carrie Man