Indonesia: Majority of declared and repatriated assets coming from Singapore [not the ‘infamous’ Cayman Islands]
By Ayomi Amindoni From The Jakarta Post Most of the declared and repatriated assets in the first round of the tax amnesty program have come from Singapore, and not from the tax havens, directorate general of taxation data shows. Declared…
9 men jailed after stripping down to undies featuring Malaysia’s flag
BY JOHNNY LIEU From Mashable A bunch of Australian dudes have landed themselves in hot water in Malaysia. The nine men were jailed on Monday after stripping down to their underwear at the Malaysian Formula One Grand Prix in Sepang…
[British] Pound drops to lowest level since 1985
From Newsmax LONDON (AP) — The pound has dropped to a 31-year low as investors fret over the British government’s suggestion it will focus on controlling immigration in its talks to leave the European Union, ahead of retaining access to…
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Taiwan Enterprise Cayman to issue new shares for bank loan repayment and operating funds enrichment From Reuters Taiwan Enterprise Cayman : * Says it will issue 40 million new shares of its common stock with par value of T$10 per…
The Editor Speaks: Why do Caribbean airlines struggle?
That is an excellent question? And it was asked not by me but by someone on a forum on the website www.airlinews.net. With the millions of dollars the Cayman Islands government have pored into keeping Cayman Airways afloat (sorry I…
New report highlights Connecticut companies utilizing tax havens
By Jesse Gosselin From News8 winh.com HARTFORD, Conn. (WTNH) — A new report released Tuesday by a Connecticut based consumer group reveals that up to 73% of all Fortune 500 companies are maintaining subsidiaries in offshore tax havens, including some…
6 million children in Hurricane Matthew’s dangerous path
From Caribbean360 PORT-AU-PRINCE, Haiti, Tuesday October 4, 2016 – The United Nations Children’s Fund (UNICEF) has activated its emergency response plan as the Atlantic’s strongest storm in years takes aim at Haiti, Jamaica, Cuba and the Dominican Republic. UNICEF estimates…
More evidence for Zika virus link to damage beyond microcephaly
By Lisa Rapaport From Reuters (Reuters Health) – The mosquito-borne Zika virus can lead to extensive birth defects that go beyond microcephaly, a Brazilian study suggests. Researchers studied 11 babies diagnosed with Zika and found they had a range of…
Manatee in Caribbean repopulation scheme dies
AFP From Bangkok Post POINTE-a-PITRE – One of two manatees released into the Caribbean in August under a pioneering repopulation scheme has died of a suspected kidney infection, the Guadeloupe National Park announced Monday. Two manatees — Kai and Junior…
Local [Cayman Islands] Playscript: The Myles Family Contd
BY WIZARD OF OZ Chapter 2 Exterior: Outside front entrance to Rossi’ Cafe’. A new white utility van and a red beat-up (battered) V.W car had just collided. At the street corner, a few kids were laughing and playing double-dutch. The…
