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Month: May 2018

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UK Evening Standard Editor replies to Cayman Chamber

EDITOR’S REPLY TO: Cayman Islands Chamber of Commerce Dear Paul BRITAIN — in particular London — has long had the reputation of being a global money-laundering capital. This is partly due to years of a no-questions-asked regime on setting up…

Cayman HospiceCare hosts annual Big Bash gala event

Cayman HospiceCare held its 18th annual Big Bash gala event last Friday night at Ristorante Pappagallo in West Bay. One hundred percent of ticket proceeds go to the nonprofit organization, which provides end-of-life care to people in the Cayman Islands….

Vodafone tax redux? Walmart-Flipkart deal may come under taxmen’s scanner

By Gaurav Choudhury From Money Control Tax authorities could draw parallels between the Vodafone’s acquisition of Hutchison Whampoa’s telecom assets in India in 2007. Question marks loom over potential tax disputes over Walmart’s majority buyout of online Flipkart, likely to…

Young Caymanian Leadership Award recipient Faith Gealey calls our community to mentorship

Young Caymanian Leadership Award (YCLA) Recipient Faith Gealey is actively fulfilling her mission this year to encourage mentorship. Since receiving her award last November, Faith has presented at more than a dozen engagements and has spoken to approximately 5,000 people…

Iran nuclear deal: UK won’t walk away, says Boris Johnson

From BBC Britain has “no intention of walking away” from the Iran nuclear deal despite the United States pulling out, Foreign Secretary Boris Johnson says. Mr Johnson told MPs the UK would “strive to preserve the gains” made by the…

meeco solar powered electric bikes

meeco deploys solar powered electric bikes for Safari camps in Kenya New clean energy solution sun2move developed to foster green mobility The Swiss-headquartered clean energy provider The meeco Group is currently developing intelligent trybrid solar mini-grids for several Safari Camps…

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One-fifth of homeless youth are victims of human trafficking

From Freedom United The Field Center for Children’s Policy, Practice & Research at the University of Pennsylvania has released a landmark study on the link between homeless youth and human trafficking in the United States. Commissioned by Covenant House, the research focused…

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Caribbean hospitality forum offers critical chance to learn

By CHTA (PRESS RELEASE VIA SNO) – Caribbean hoteliers and industry stakeholders will immerse themselves in three days of intensive education and networking in Miami next month, at the fourth Caribbean Hospitality Industry Exchange Forum (CHIEF), happening at the Hyatt…

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Venture-capital funding in 2017 was the highest it’s been in the past 10 years

By Zoë Bernard From Business Insider Venture-capital funding is booming in the United States. According to Pitchbook data charted for us by Statista, startup funding reached a record decade-long high in 2017, with $84.2 billion in funding raised over the…

Automated clearing house is launched for Cayman Islands retail banks.

The Cayman Islands Banker’s Association has announced an automated clearing house (ACH) has been launched for local retail banks. The Association also said the ACH is designed to clear and settle electronic transactions and domestic payments in both US and…