8,000 persons are NOT receiving welfare
The Department of Child and Family Services (DCFS) Director, Jennifer Dixon, said people had misunderstood the department’s report and 8,000 persons are not receiving welfare from the government. Dixon revealed to the Legislative Assembly’s Finance Committee on Wednesday (4) the…
Maples continues secondment tradition
Two Caymanian lawyers from Maples and Calder have each been given a second opportunity to gain experience in foreign offices by way of a secondment. Since March 2013, Shari McField has been located in the Dubai office of Maples and…
Over $63M surplus
Finance Minister, Marco Archer, announced in the Legislative Assembly last week the unaudited results for the 2012/13 fiscal year, saw government end the year with a surplus of $63.3 million. This was the largest surplus for many years. However, it…
Labels on modified foods would boost prices
From Newsmax Connecticut and Maine recently passed bills requiring labels identifying all foods made from genetically modified organisms (GMOs), and similar legislation is pending in at least 20 states. But labels on GMO foods would have unforeseen consequences and would…
The Mergers & Acquisitions Review – Seventh Edition: Chapter 16: Cayman Islands
By Wendy Lee | Harney Westwood & Riegels OVERVIEW OF M&A ACTIVITY – Despite signs of a stabilising economy, the Cayman Islands witnessed a 1 per cent decrease in new company registrations in 2012 compared to 2011; 8,971 new companies…
Banks use tax havens to conceal
By Michael West Business columnist From Brisbane Times Why does BHP have offices in the sleepy Swiss hamlet of Zug? Why did the Commonwealth Bank previously make such a handsome profit in Malta? Why does Macquarie control 49 entities registered…
VisionChina Media provides update regarding appeals to Supreme Court of New York
BEIJING/PRNewswire/ — VisionChina Media Inc. (“VisionChina Media” or the “Company”) (Nasdaq: VISN), one of China’s largest out-of-home digital television advertising networks on mass transportation systems, today provided updates regarding a number of appeals and cross-appeals before the Supreme Court of…
BreadTalk Group Limited :
(A) JOINT VENTURE AGREEMENT TO INVEST IN CARL KARCHER ENTERPRISES (CAYMAN) LTD. (B) SALES OF ASSETS TO CKE (SHANGHAI) F&B MANAGEMENT LIMITED BREADTALK GROUP LIMITED (Incorporated in the Republic of Singapore) (Company Registration No.: 200302045G) (A) JOINT VENTURE AGREEMENT TO…
Cayman Beach Resort launches major room refresh
From Meetings Focus The Grand Cayman Marriott Beach Resort is up for the challenge of a major guest room makeover, with its four-month renovation now in the works. The resort expects the remodel project, which will focus on guest rooms,…
Why is Syria important for oil prices?
By Michael Kling From moneynews Although Syria doesn’t produce much oil itself, its neighbors produce a lot of it. A spreading sectarian conflict that drags in neighboring countries could disrupt their oil production and critical pipelines and waterways. That’s why…
