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Month: September 2012

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Microsoft, HP skirted taxes via offshore units [Cayman Islands]: US Senate panel

From economictimes.indiatimes.com Technology giants Microsoft Corp and Hewlett-Packard Co used offshore units to shield billions of dollars from U.S. taxes by taking advantage of loopholes in the tax code, a U.S. Senate panel said on Thursday. Describing tax avoidance as…

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Service providers see opportunities as Malta gains traction

By Simon Gray, hedgeweek The success of Malta in becoming established as an alternative to the established European Union domiciles for both traditional and alternative cross-border funds, Luxembourg and Ireland, is underpinned by the growing breadth of capacity and depth…

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China Harbour $250,000 gift to Jamaica football

China Harbour Engineering Company (CHEC), international marine engineering and infrastructure construction firm, has donated US$250,000 to Jamaica’s National Premier Football League, underlining its support for local cultural organisations. Tuesday’s award was made by Mr Tang Zhongdong, CHEC regional and country…

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Year 12 External Examinations Results Continue to Improve in 2012

Government schools are celebrating another year of progress, as the 2012 external examination results for Year 12 students reached a new national high. According to Chief Education Officer, Mrs. Shirley Wahler, in 2012, 49% of Year 12 students leaving the…

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“Putin UP the Ritz” for auction

The Ritz-Carlton Resort in Grand Cayman, Cayman Islands, is up for sale. It is part of an auction for the whole hotel-condominium property that also includes 12 unsold condominium units owned by Cesar Properties and Condoco Properties, as well as…

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Wildlife Viewing; Little Cayman Island

By Connie Motz Why it may be the smallest of the Cayman Islands at only ten-square miles, what it lacks in size, Little Cayman makes up for it by being a nature and wildlife viewing paradise.  Offering a selection of pristine beaches, salt…

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Praise Gathering of the Church of God Chapel announced

The Church of God Chapel, Walkers Road, George Town will commence its September Praise Gathering on Friday 21st and will run to Sun 23rd. The topic is The Power of Spiritual Disciplines, based on a scripture in I Timothy 4:7b-8…

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Wheego announces LiFe Rentals on Cayman Brac, Cayman Islands

Wheego Electric Cars, a U.S. manufacturer of all-electric cars, today announced that the Alexander Hotel in Cayman Brac will offer the Wheego LiFe for daily rental. The Wheego LiFe will be available at the hotel beginning September 21, the first…