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Day: March 2, 2014

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Why are some Canadian companies paying almost no tax?

By Duncan Hood From Canadian Business The government has been creating tax loopholes for business while clamping down on regular taxpayers How much income tax do you pay? Forty per cent? More? Lately the government has become obsessed with making…

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Cartoon of the Day

By Tony Zuvela, Cartoonist “It’s my own little World which I can escape to everyday and create a fun, weird, berserk Cartoon to whatever subject I like. I enjoy doing all the work myself, and all the aspects of Cartooning,…

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Caribbean export urges private sector to take advantage of available funds

From Belize Invest Bridgetown, BARBADOS, February 28, 2014.  Caribbean Export Development Agency (Caribbean Export) urges the regions private sector to take advantage of the funds made available under the Direct Assistance Grant Scheme facilitated by the Agency as part of…

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Qunar reports fourth quarter and fiscal year 2013 financial results

BEIJING, Feb 27, 2014 (GLOBE NEWSWIRE via COMTEX) — Revenue Growth Accelerates in the Fourth Quarter Company Announces US$300 Million Revolving Credit Facility from Baidu Qunar Cayman Islands Limited QUNR -1.53%  (“Qunar” or the “Company”), China’s leading search-based travel commerce…

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“Cheers” the winner in 12 Mile Banks Race

Unusually calm conditions saw six boats on the start line for the annual 12 Mile Banks and Back race to produce some very exciting racing and close finishes. The light easterly winds saw boats fly their spinnakers all the way…

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St Lucian film producer to head out on Caribbean tour

St. Lucian award-winning film producer, Mathurine Emmanuel, is set to embark on a Caribbean Film Export Tour during March and April. The tour will include stops on several islands including Dominica, Grenada, Antigua and St. Vincent. On these islands, Emmanuel…

Caribbean News Editors Choice iBusiness iLocal News iWorld News News

Caribbean countries with fixed currencies should not entertain devaluation – Worrell

By Ernie Seon From Caribbean360 Governor of the Central Bank of Barbados, Dr. Delisle Worrell is urging Caribbean countries with fixed currencies, not to entertain the thought of any devaluation as a means of restoring stability to their economies. BRIDGETOWN,…

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CEC: It’s not lost revenue – it’s revenue we wouldn’t have had

Part 2 This is Part 2 of the interview I had last month with Charlie Kirkconnell, Chief Executive Officer, and Hilary McKenzie-Cahill, Vice President of Marketing at Cayman Enterprise City (CEC). CEC is in the final negotiations in acquiring land…

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CDB optimistic for 2014 reports RBC

RBC Caribbean Economic Report Frosty Weather Contributes to Market Jitters Given that US consumer confidence declined to 78.1 in February 2014, down from 79.4 in January, it can be argued that the polar vortex may have had a role to…

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Arnold Palmer in Cayman

Cayman Islands Premier Hon. Alden McLaughlin, right, greeted golf legend Arnold Palmer at the Legislative Assembly this week along with Deputy Premier Hon. Moses Kirkconnell. Mr. Palmer is in the Cayman Islands to break ground on a new golf course…