Cayman Islands Current Account to GDP
Further to our story on Dec 4th 2012 “Cayman GDP worth 3.08 billion in 2009 (http://www.ieyenews.com/2012/12/cayman-gdp-worth-us-3-08-billion-in-2009/), Cayman Islands recorded a Current Account deficit of 18.40 percent of the country’s Gross Domestic Product in 2011. Current Account to GDP in Cayman…
Cops launch crime prevention initiative to NAB burglars and reduce break-ins
Residents and business owners are being urged to join forces with the RCIPS to combat burglaries in the Cayman Islands. In a move designed to make people more security conscious, and reduce the opportunities available to burglars to convert stolen…
International Anti- Corruption Day
2012 Theme: Act Against Corruption Today International Anti- Corruption Day was Sunday 9th December and the Cayman Islands Ant-Corruption Commission issued a statement under the title “Integrity is non-negotiable” as follows: “Corruption threatens Cayman’s development, democracy and stability. It distorts…
Mortgage Servicer Ocwen’s Rapid Growth
As of the beginning of October, Ocwen placed its servicing operations–which account for the vast majority of its revenue–into a subsidiary domiciled in St. Croix. Analysts expect the move to drive down Ocwen’s effective tax rate, which averaged nearly 37%…
CAACI exhibits at the 65th annual National Business Aviation Association
George Town, Grand Cayman, (November 2012) – The Civil Aviation Authority of the Cayman Islands (CAACI) exhibited at the 65th annual National Business Aviation Association (NBAA) tradeshow, held at the Orange County Convention Centre (OCCC) in Orlando, Florida on October…
China sees both industrial output and retail sales rise
China’s economic growth rate may be gathering pace again, as the government released strong industrial output and retail sales figures. Industrial production rose by 10.1% in November, compared with a year earlier, according to the official data from the National…
Building Professional Skills
The week of Monday, 10 December, GIS Spotlight showcases professional development, new airline services and efforts to preserve a special artistic legacy. Continuing education is crucial for all areas of the modern workplace. Join us at a joint public-private sector…
Weavering Macro Fixed Income Fund Limited
Weavering Macro Fixed Income Fund Limited v. Ernst & Young Ltd. et al: Writ of Summons Writ of Summons in Weavering Macro Fixed Income Fund Limited (in Official Liquidation) v. Ernst & Young Chartered Accountants (a firm), domiciled in Ireland;…
C4C confirm commitment to independent candidates
STATEMENT FROM COALITION FOR CAYMAN The Coalition for Cayman is committed to promoting the understanding and need to bring objectivity, balance and accountability to the Legislative Assembly and thus governance of the country as a whole. This is severely lacking…
Muted Year For Cayman Financial Services
by Amanda Banks, Tax-News.com, London The Cayman Islands’ economy grew at a slower pace than expected during the first six months of 2012, by 1.2% of gross domestic product, tracking the rate of growth seen during 2011, following a mixed…
