iNews Briefs
McTaggart says “it’s doing right for his country” In an interview Coalition for Cayman Member of the Legislative Assembly Roy McTaggart gave CITN/Cayman27 on Thursday (6) he said, “To me it’s all about doing what’s right for the country. So…
Community members vote for favourite charity at RBC Banking Centres
RBC Celebrates Community Week from June 10 – 14, 2013 Community members are invited to stop by RBC Royal Bank banking centres during the week of June 10 to cast their vote for their favourite charity. The first place…
Dart Realty announces new commercial building at Camana Bay
Dart Realty (Cayman), Ltd. last Friday (7) announced plans for 18 Forum Lane, an 85,000-square-foot retail and office building, located at Camana Bay. With this addition, Camana Bay continues to expand its office portfolio, which now comprises 94 Solaris Avenue,…
Premier to attend private meeting with UK PM
Cayman is prepared to commit to the multilateral convention George Town, Grand Cayman – The Cayman Islands Government today announced that it is prepared to commit to the Convention on Mutual Administrative Assistance in Tax Matters. It also announced that…
Apple iRadio could launch next week – UPDATED
Sony Has Jumped Aboard The iRadio Freight Train From All Access Music Group ALL THINGS DIGITAL is reporting, “SONY MUSIC has signed on to APPLE’s forthcoming iRADIO service, according to a person familiar with negotiations between the two companies.” CNET…
ISoftStone reports receipt of non-binding proposal to buy Co. at $5.85/ADS
From RTT News iSoftStone Holdings Ltd. (ISS: Quote), a China-based IT services provider, said its board has received a preliminary non-binding proposal letter, dated June 6, 2013, from Tianwen Liu, the company’s CEO and the chairman of its board, and…
Remora fish studied for glue
From Cayman Islands Department of Environment DID YOU KNOW? Remora fish are helping researchers with a sticky situation! Remoras (from the family Echeneidae) are fish that attach themselves to a host, usually large free-swimming fish such as sharks and mantas,…
3 Louisiana pension funds file suit over hedge fund investment
By Richard Thompson, NOLA.com | The Times-Picayune Five years after three Louisiana retirement systems invested $100 million in a hedge fund promising high returns with low risk, a pact that has since soured, pension trustees are now suing the financial…
Gore to this than meets the eye?
By Ben Butler Business reporter, The Sydney Morning Herald If the corporate watchdog is to be believed, the Gold Coast is not the only sunny place favoured by bankrupt property developer Craig Gore, the son of Sanctuary Cove developer Mike….
Double Dutch: loopholes get multinationals off tax hook
By Peter Cluskey From The Irish Times Amongst the Dutch tax provisions companies find most alluring is the absence of withholding tax on earnings derived from IP Holland’s byzantine network of tax treaties has led to some 23,000 shell companies…