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The View from Europe: Tourism statistics and the bigger picture
By David Jessop From The Barbados Advocate Visitor arrivals to the Caribbean are again increasing. This is good news, but not the whole story. As has been widely reported, preliminary figures collated by the Caribbean Tourism Organisation (CTO) in their…
Goldman Sachs Analyst Rating update on Wuxi Pharmatech (Cayman) Inc.
March 9, 2015 By Joe Willams From Stafford Daily Equity Analysts at the Goldman Sachs downgrades the rating on Wuxi Pharmatech (Cayman) Inc. (NYSE:WX). The brokerage firm has issued a Neutral rating on the shares. The shares were previously rated…
Why is Apple sitting on $142bn?
By Jamie Robertson Presenter, from BBC World News King Midas, you may remember, had a problem with gold. Everything he touched turned to the yellow stuff. Fine for a while, but not when he realised “everything” meant just that –…
IRS to present on offshore tax evasion at OffshoreAlert Conference
Register by Friday March 13 to Save $300 IRS officers at the forefront of the United States’ fight against offshore tax evasion will discuss their initiatives at the upcoming OffshoreAlert Conference in Miami Beach, Florida. A session entitled ‘The IRS…
The Editor Speaks: Whilst we talk about moving permanently to Atlantic Time, TCI acts
TCI moves permanently to Atlantic Standard Time From TCI News Now When the Turks and Caicos Islands (TCI) moves its clocks forward one hour on Sunday, 8 March 2015, it will be for the last time – from then on…
China’s tax officials vow ‘shock and awe’ campaign in war against cross-border tax cheats [$4.3B in Cayman Islands]
By Toh Han Shih From South China Morning Post Officials may mine leaked details on clients at HSBC’s Swiss unit in ‘shock and awe’ campaign Mainland tax officials are vowing to unleash a “shock and awe” campaign in their battle…
First Cayman Islands compensation and benefits survey announced
By Georgina Wilcox Last Friday (6) officials from PwC and the Cayman Islands Society of Human Resource Professionals (CISHRP) announced the launching of Cayman’s first compensation and benefits survey. Alistair McNeish, Managing Director of PwC, said the survey is a…
Hedge Fund billionaire: I am in fear of my life if i return to the Bahamas
By SANCHESKA BROWN From Tribune 242 #HEDGE FUND billionaire Louis Bacon claims he cannot return to the Bahamas, his home for many years, because he is in “fear for his life and the safety of his family”. In court documents…
Cayman voted best hedge fund services jurisdiction by Hedgeweek
6 March 2015 • The Cayman Islands Government and Cayman Finance are pleased that the Cayman Islands was announced as the best hedge fund services jurisdiction at the 2015 Hedgeweek Global Awards in London. Hedgeweek is the largest online news…
Iran’s military mastermind is ‘a more stately version of Osama bin Laden’
By Michael B Kelley From Business Insider The US-led fight against the Islamic State relies increasingly on Iran and its proxies, and that has created an uncomfortable de facto alliance with an Iranian military mastermind with American blood on his…
