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…
Links to the Syrian Makhloufs was set up by HSBC Cayman Islands
Probe points to former HSBC Syria link By Lina Saigol and Sharlene Goff HSBC opted to continue with a business relationship with one of the key financiers to the regime of Syrian president Bashar al-Assad even after its own compliance…
Man arrested in Jamaica for CNB robbery
In a release from the Royal Cayman Islands Police Service (RCIPS) received on Wed (15) they confirmed that a 36-year-old man had been arrested in Jamaica in connection with the robbery at Cayman National Bank which occurred on 28 June…
More money in Cayman banks than in all NY banks combined
The New York Times reports there’s more money in the banks of the Cayman Islands than in all the banks of New York City combined. What’s it all doing there? Avoiding taxes for one. But perhaps even more seriously, offshore…
Highline Technical Innovations, Inc. Announces Final Settlement Ending Two-Year Litigation
FARMINGTON, Ark., Aug. 16, 2012 /PRNewswire/ – Highline Technical Innovations, Inc. (OTC: HLNT), formerly Systems Evolution, Inc. (SSEV), is pleased to announce that the litigation pending in the Supreme Court of the State of New York, New Millennium Capital Partners III,…
Was Panama party a wicked waste of money?
I have to beg this question today. Was the end of May Cayman party in Panama City a wicked waste of our money, especially at a time when the government was trying to balance a budget? Even though Cayman Airways…
