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The complexity of the ‘Google Tax’ risks creating new loopholes

By Richard Edgar Economics Editor From ITV uk That update I promised on the Google tax legislation published this morning…. It’s taken a while because I’ve had to wade through scores of pages and, as one expert told me: “It…

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Gidget Powell is October’s best Cayman Islands government employee

The special attention that Assistant Collector of Customs Gidget Powell pays to serving the public has earned her the Deputy Governor’s Award for Employee of the Month for October 2014. Her superiors describe the model civil servant of more than…

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Digicel Business extends partnership with Masergy into the area of Data Security

Thursday, 11th December 2014 – Grand Cayman: Digicel Business has announced that it is extending its partnership with Masergy Communications Inc. to now offer an advanced ‘Security as a Service’ solution to businesses across Cayman. The solution, which is a…

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The Herzfeld Caribbean Basin Fund, Inc. announces results of heavily oversubscribed rights offering

MIAMI BEACH, FL, Dec 08, 2014 (Marketwired via COMTEX) — The Herzfeld Caribbean Basin Fund, Inc. CUBA, -1.54% (the “Fund”) is pleased to announce the completion and success of its one-for-three non-transferable rights offering which expired on December 4, 2014,…

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Cayman 27’s Parade of Lights was a delight

Last Saturday (6) Cayman27’s Parade of Lights delighted the thousands of spectators that watched the colourful spectacular in Camana Bay. There were 12 boats taking part in the competition in two categories – large and small. Sunset House won the…

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A.M. Best upgrades issuer credit rating for XL Group plc and its property/casualty subsidiaries

OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has upgraded the issuer credit rating (ICR) to “a+” from “a” and has affirmed the financial strength ratings (FSR) of A (Excellent) of the property/casualty subsidiaries of XL Group plc (XL) (Ireland) [NYSE:XL]. Concurrently, A.M. Best…

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LDK Solar Schemes of Arrangement become effective

GEORGE TOWN, Cayman Islands and SUNNYVALE, Calif., Dec. 10, 2014 /PRNewswire/ — LDK Solar CO., Ltd. in provisional liquidation (“LDK Solar”) and its Joint Provisional Liquidators (“JPLs”), Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, announced today…

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Former London Police Commander [and Cayman Islands Cealt chief] appointed new Police Commissioner in Turks and Caicos Islands

From Turks & Caicos Sun A new Commissioner has been appointed to the Royal Turks and Caicos Islands Police Force (RTCIPF), it was announced by the Governor Peter Beckingham, today Wednesday 10 December. According to a press release from the…

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Emerging technologies in tourism sector could offer new employment opportunities in the Caribbean

From eTN Global Travel Industry News PORT-OF-SPAIN, Trinidad & Tobago – The Association of Caribbean States (ACS) and the International Labor Organization (ILO) Decent Work Team and Office for the Caribbean, hosted a concluding workshop in Port of Spain, Trinidad…

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Mobile advertising is exploding and will grow much faster than all other digital ad categories

By Mark Hoelzel From Business Insider Mobile is growing faster than all other digital advertising formats in the US, as advertisers begin allocating dollars to catch the eyes of a growing class of “mobile-first” users. Historically, there has been a…