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Cayman Islands to establish coral nurseries
Notice of Call for Proposals for Establishing Coral Nurseries George Town, Grand Cayman – The Department of Environment Announces a Call for Proposals from those Interested in Establishing Coral Nurseries. The Cabinet of the Cayman Islands has approved a policy…
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World renowned director to stage the Nativity in Cayman Islands
A community group recently met with Government officials to discuss plans for a unique open-air play telling the story of Jesus’ life from His birth to His baptism. The staging of the Biblical story is expected to be held in…
US continues pursuit of offshore banks
From Caribbean News Now WASHINGTON, USA — The US Department of Justice (DOJ) on Friday reached a resolution with Vadian Bank AG (Vadian), located in St Gallen, Switzerland, under the DOJ’s Swiss Bank Program. “Today’s action is another warning for…
Daily Shot: The corrections
By Walter Kurtz From The Trading Floor German bunds selloff may be overdone Luxembourg tax policies boost ‘shadow banking’ China undertakes ‘stealth’ easing programme Let’s begin with a quick look at the recent sharp correction in German government bonds. Fundamentals…
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Fixed or floating exchange rates: which serves the Caribbean
By Sir Ronald Sanders From Huntington News Is the fixed currency exchange rate between the US and some Caribbean countries affecting the latter’s international competitiveness? This is a question that deserves review as Caribbean countries struggle with difficult economic conditions…
Belize offshore oil plan sparks worries for reefs, fisheries
By Patrick E. Jones and Peter Orsi From Naples Herald BELIZE CITY, Belize (AP) — Belize is considering new offshore drilling regulations that could open nearly the entire coast to exploration and exploitation, environmental groups have warned, calling it a…
Moody’s downgrades T&T credit rating
By Azad Ali From Caribbean Life Trinidad and Tobago suffered a major blow to its status as the place to invest in the Caribbean after international agency Moody’s downgraded the country’s credit rating from stable to negative. Last week Moody…
VIEs are dead, long live the WFOE [China’s Internet companies incorp. in Cayman Islands]
By Paul Gillis from Seeking Alpha The State Council, China’s cabinet, last week promised policies to boost e-commerce in China. Included in the proposed reforms is a promise to reduce shareholding restrictions on foreign investments. Premier Li Keqiang appears to…
Fraud claims against Proskauer over tax shelter advice upheld
By Ben Bedell, From New York Law Journal Fraud claims against Proskauer Rose stemming from a tax shelter scheme it helped sell to the heirs of the Johnson & Johnson fortune will survive a motion to dismiss, the Appellate Division,…
Qunar Cayman Islands earns “Overweight” rating from Barclays (QUNR)
By Faye Duncan From Dakota Financial News Qunar Cayman Islands logoQunar Cayman Islands (NASDAQ:QUNR)‘s stock had its “overweight” rating reaffirmed by equities research analysts at Barclays in a research note issued to investors on Sunday. They currently have a $54.00…
