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World Bank issues warning on Caribbean growth

From Caribbean360 WASHINGTON D.C., United States – The World Bank has warned that growth in the Caribbean “will be held back” by large fiscal adjustments necessary to bring fiscal deficits to sustainable levels and help reduce public debt burdens. “Growth…

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Seagate HDD Cayman completes Cash Tender Offer

Seagate Technology Announces Successful Completion of Cash Tender Offer for Outstanding 7.75% Senior Notes Due 2018 and 6.80% Senior Notes Due 2016 CUPERTINO, CALIF. — Seagate Technology plc (NASDAQ: STX) gave notice of the completion of the cash tender offer…

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If you think government officials waste your money………

  There has been much published in Cayman’s media concerning the number of trips our senior government officials have made over the past four years. Ex ministers McKeeva Bush and Juliana O’Connor-Connolly have come in for the most criticism. However,…

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Cameron accused of undermining plans to stop tax evasion

By Paddy McGuffin Home Affairs Reporter in Belfast, Morning Star Anti-poverty campaigners hit out at David Cameron at the G8 summit today, accusing him of undermining plans to tackle tax evasion. War on Want pointed out that many of the…

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Cayman court orders Ambow into provisional liquidation

Ambow setback teaches Baring a lesson in China investing By Matthew Miller and Stephen Aldred, Reuters (Reuters) – Baring Asia Private Equity, with $5 billion in assets under management, has a reputation as one of the savviest investors in China….

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NEDD and Development Bank conduct successful financial management workshop

BASSETERRE, St. Kitts, June 17th 2013 – The Caribbean Development Bank-sponsored four-day national workshop on ‘Financial Management Techniques for Macro, Small, and Medium-sized Enterprises’ held last week at the Ocean Terrace Inn and attended by 25 participants has been hailed…

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Royal Gazette: Cayman Islands could eject 2,000 work permit holders

By Rebecca Zuill Approximately 2,000 foreigners face expulsion from the Cayman Islands in October when their work visas expire, Bloomberg reports. Cayman’s new Premier Alden McLaughlin has made it “quite clear” to his immigration department that he wants to find…

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Magellan agrees financial advisory role with Endeavour Financial

Magellan agrees financial advisory role with Endeavour Financial for project financing at Coringa VANCOUVER, BRITISH COLUMBIA, (Menafn – Market wired via COMTEX) –Magellan Minerals Ltd. (otcqx: MAGNF)(“Magellan”) is pleased to announce that it has engaged Endeavour Financial Limited (Cayman) (“Endeavour”)…

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Art auction to help GT Primary School performing arts centre

The New Self-Help Community Foundation is hosting an auction of three works of art that are on display at A.L. Thompson’s hardware store in George Town. Proceeds from the sale will go toward the establishment of a performing arts centre…

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Ambrx’s Antibody Drug Conjugate for breast cancer

Ambrx and Zhejiang Medicine Co. Ltd. Form Collaboration to Develop and Commercialize Ambrx’s Antibody Drug Conjugate for Breast Cancer Published: June 16, 2013 By WuXi PharmaTech (Cayman) Inc. SAN DIEGO AND SHANGHAI, JUNE 16, 2013 — /PRNewswire/ — Ambrx and…