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Cayman to debut in LA (but it’s a car!)

Since the new Porsche Boxster early this year, German sports car lovers have been clamoring for the hardtopped version and according to Automotive News, the new Porsche Cayman will make its grand debut at the 2012 Los Angeles Auto Show…

iWorld News News

Egyptian presidential election result delayed

The result of Egypt’s presidential election has been delayed, state television has said. It had been due to be announced on Thursday, but the Higher Presidential Elections Commission (HPEC) says it needs more time to look into complaints presented by…

iWorld News News

Haiti bus overturns in the Glace River

Last Monday (18) a bus making the trip from Port-au-Prince-Jérémie overturned while trying to cross the river Glace, which was in flood. This happened close to Duchity, a commune of Pestel (Grand Anse) The Department of Civil Protection said that…

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Cayman Islands’ Grand Court approves privatisation plan of Alibada.com

Alibaba.com (1688.HK) will be delisted from the Hong Kong Stock Exchange and Clearing today (20), less than five years after its initial public offering on November, 6, 2007, reports Securities Daily. Alibaba.com, founded in 1999, was the only public firm of…

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Thinking outside the box (using an offshore company in the Cayman Islands)

Cayman Islands and British Virgin Islands (BVI) companies (Offshore Companies) have been utilised in Hong Kong (HK) and Singapore for many years in respect of cross-border transactions, as a property holding vehicle or as a listing vehicle. This article shall…

iWorld News News

Pakistan Supreme Court bars PM Gilani from office

Pakistan’s top court has disqualified Prime Minister Yousuf Raza Gilani from holding office, two months after convicting him of contempt of court. The Supreme Court ruled he had “ceased to be the prime minister of Pakistan”. In April, the Supreme…

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MoneyGram who has agencies in the Cayman Islands expands service to Philippines

Dallas-based MoneyGram, who has agencies here in the Cayman Islands, said it has added 30 countries to its direct-to-account service for funds sent to the Philippines. The service enables customers to send funds directly into their family and friends’ bank…

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England 239-2 beat West Indies 238-9 by eight wickets in second one-day international at The Oval

Captain Alastair Cook scored 112 as England cruised to an eight-wicket victory over West Indies to clinch the one-day series with a match to spare. Cook shared an opening stand of 122 with Ian Bell (53) and 81 with Jonathan…

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Cayman Islands’ law firm Maples and Calder to add 75 jobs in Dublin

Minister for Jobs, Enterprise and Innovation Richard Bruton TD today announced that Cayman Islands headquartered Maples and Calder, a leading law firm in the Caribbean tax haven, which opened an Irish office in 2006 and has 175 jobs in Dublin, has…

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OCG accuses Jamaica’s government of an abuse of judicial progress

We have just received this press release from Jamaica’s OCG and we repost it in its entirety as two of the three projects mentioned involve China Harbour Engineering Company (CHEC). CHEC is the company the Cayman Islands government is also…