Foreign direct investment flows to Caribbean reach new high – UN
From Caribbean360 The UN Conference on Trade and Development (UNCTAD) said flows to Latin America and the Caribbean increased by 18 per cent, the fourth consecutive year of growth, to an estimated US$294 billion. NEW YORK, United States, Wednesday January…
Grenada failed to capitalize on ‘key programme objectives’ – IMF
From Caribbean360 The IMF said that Grenada during the period 2006-11 had received US$15.2 million in assistance under its Poverty Reduction and Growth Facility (PRGF) arrangement and a successor US$13.3 million Extended Credit Facility (ECF) arrangement that was approved WASHINGTON…
Bahamas nearing full compliance under FATCA
From Caribbean360 The Bahamas government said it has devoted considerable resources to ensuring that Bahamian financial sector participants and the Bahamian public were well educated about FATCA and would continue to do so. NASSAU, Bahamas, , CMC – The Bahamas…
How to capture the right kind of talent
By Alina Dizik BBC PHOTO: Participants at the World Economic Forum in Davos. (Fabrice Coffrini/AFP/Getty Images) Sony had a hiring problem. It wasn’t that the Japanese retailer, with more than 130 stores worldwide, including 38 in the US, couldn’t find…
Provisional and temporizing solutions not the answer to Caribbean problems
By Sir Ronald Sanders From Caribbean360 BRIDGETOWN, Barbados, Friday January 24, 2014 – The extent of the damage and human suffering on the island of St Vincent caused by unprecedented rainfall and flooding over the Christmas holiday period is much…
Shell Games
From MetaFilter The secretive business havens of Cyprus and the Cayman Islands face a potent rival: Cheyenne, Wyoming. At a single address in this sleepy city of 60,000 people, more than 2,000 companies are registered. The building, 2710 Thomes Avenue,…
Health City opening in February
From IMTJ The new Cayman Islands medical tourism venture, Health City is nearly complete. The $80 million hospital has an official opening scheduled for February 25th, and the first patients are expected to arrive about a week later. Construction work…
Two-year hunt for drug dealers
From Trinidad Express Cocaine shipments sent by drug smugglers using the guise of the defunct company Caribbean Sea Works Ltd over the last year and a half from Trinidad were closely monitored by Drug Enforcement Administration (DEA) agents. “The DEA…
Editor of Cuba’s Communist Party newspaper defects to US
From Caribbean360 Granma’s former international news editor criticised the state media monopoly and said censorship caused “a crisis of credibility” between the public and the media. FLORIDA, United States, Thursday January 23, 2014 – Aida Calviac Mora, a former senior…
Henry Streather appointed tax senior manager at KPMG
By James Qualtrough From Isle News KPMG in the Channel Islands has strengthened its US tax capabilities with the appointment of Henry Streather as senior manager. The firm has provided US tax reporting services to investment fund clients in the…
