Cayman’s National Trust seeking government to realign arterial road
The Cayman Islands National Trust is seeking the government to realign the East-West arterial road south in order not to encroach on the five acres plus of owned and protected land by the Trust. The following is the National Trust’s…
Research: Only 5 percent of companies prohibit tablet use
By Teena Hammond From ZDNET Summary: The acceptance of tablets in the workplace continues to increase, with aTech Pro Research survey showing that only 5 percent of companies actually prohibit their use. Tablet use in the workplace is ever-increasing, showing…
WuXi PharmaTech purchases an Illumina HiSeq X Ten Sequencing System
SAN DIEGO and SHANGHAI, March 10, 2014 /PRNewswire/ — Illumina, Inc. ILMN -2.05% and WuXi PharmaTech (Cayman) Inc. WX -0.89% , a leading pharmaceutical, biotechnology and medical device R&D outsourcing company with operations in China and the United States, today…
CLICO policyholders disagree with Barbados central bank governor’s statements
From Caribbean360 The Barbados Investors and Policyholders Alliance said it had observed that the Central Bank Governor “was very careful to use words like “may not” or “might have”, in his statement. BRIDGETOWN, Barbados, Thursday March 6, 2014, CMC –…
Jamaica secures IDB funds to assist in regulating ICT sector
From Caribbean360 KINGSTON, Jamaica, CMC – Jamaica says it has secured US$300,000 from the Inter-American Development Bank (UIDB) for the recruitment of a consultant as the island moves towards establishing a single regulator for its information and communications technology (ICT)…
CTEX officially opens the first of Four Uptime Institute Certified Tier-IV datacenters
Curacao Technology Exchange (CTEX) officially opened its doors to the world on Saturday March 8. CTEX inaugurated its ‘CU1’ datacenter, the most advanced and modern Uptime certified Tier-IV datacenter in Latin America and the Caribbean. The company’s ‘CU-1’ datacenter is…
The following with attachments is the Cayman Islands Chief Petroleum Inspector Duke Munroe’s final report on last year’s petroleum inspection. This followed complaints from customers concerning fuel quality. No major findings of fuel adulteration or contamination was found. However, Munroe…
Hunting lost revenue in offshore tax havens
By Elaine S. Povich, Staff Writer From Pew State and Consumer Initiatives Some states are going after multinational corporations which avoid state taxes by stashing some of their earnings in offshore tax havens, an effort aimed at recouping some of…
China allows first corporate bond default
From Moneynews Chinese authorities allowed the country’s first corporate bond default on Friday, inflicting losses on small investors in a painful step toward making its financial system more market-oriented. Investors in bonds sold in 2012 by Chaori Solar Energy Science…
iNews Briefs
Don’t send bank details via email warns Cayman police The Royal Cayman Islands Police Service’s (RCIPS) Financial Crime Unit have warned the public not to send their bank details over email after hackers have once again tried to raid Cayman…
