Cayman Islands Tingyi reports first-half profit rise of 24%
Tingyi (Cayman Islands) Holding Corp. (322), the maker of “Master Kong”-branded instant noodles and beverages, reported a 24 percent increase in first-half profit on falling raw material costs. The stock rose. Net income rose to $284.4 million in the six…
Ryan’s grace period runs out for sea captains
Michael Ryan, owner of Safehaven gave a one weeks grace period until Monday (20) to the boat operators to vacate his property. The boat operators have been using the property free of charge for 25 years. Ryan wants to use…
Digicel supports Youth Community Excellence Award
“Digicel Congratulates Lloyd Barker, the 2012 YCEA Winner.” Digicel awarded Lloyd Barker, the 2012 Youth Community Excellence Award recipient for 2012 with a Blackberry Bold 9790. The other four finalists were also recipients of Blackberry Curve 9320 handsets at the…
Bahamas: Guidance On Letters Of Request In The Cayman Islands
20 August 2012 Article by Higgs & Johnson Counsel & Attorneys at Law The Evidence (Proceedings in Foreign Jurisdictions) (Cayman Islands) Order 1978 (the “Order”) extends the United Kingdom’s Evidence (Proceedings in Other Jurisdictions) Act 1975 to the Cayman Islands…
Two Cayman Islands companies involved in Saudi National Guard fraud investigation
“The arms trade accounts for about 40% of corruption in all world trade. ‘National security’ is not a good enough defence” The following appeared in the UK’s Guardian newspaper under the title “The Saudi-GPT deal inquiry must not be another…
Canadian banks’ use of tax havens like the Cayman Islands keeps growing
By Toby Sanger A growing share of Canada’s investment overseas is being channelled by Canadian banks into tax havens. The latest Statistics Canada figures show 24 per cent of Canadian direct investment overseas in 2011 went to the top 12…
Senior Appointments to PIE Team
Top Posts Filled in Portfolio of Internal and External Affairs Two key positions have been filled in the Portfolio of Internal and External Affairs (PIE). PIE Chief Officer Eric Bush announced earlier this month that career public officer Mr. Wesley…
Unity Investments Holdings Limited : Capital Reorganisation and Change in Board Lot Size approved by Cayman Islands Court
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any…
Solutions vs Politics
By: Charles E. Clifford, JP – Former Minister of Tourism, Environment, Investment & Commerce I write to discuss the acute political, financial and reputational issues facing our country and the need for our collective behavior and decisions to reflect the…
Government warning to all Business Owners
From Marketing and Communications Unit Ministry of Finance (Financial Services) Government Administration Building Trade & Business Licensing Unit The Department of Commerce and Investment advises all companies and individuals that they must have a valid Trade and Business License…
