Archive for November, 2014
CWC to buy major regional telecoms firm
(CNS Business): Cable and Wireless Communications (CWC) has entered into a proposed deal with Columbus International which, if approved, will see the telecom leader double in size. CWC is expected to pay $1.9bn for the Barbados-based business, as well as assume about $1.2bn in debt. The firm said it has reached a conditional agreement to […]
Danes reveal plans for public company register
(CNS Business): The Danish government has announced that it will create a public registry of beneficial ownership information for all Danish companies as part of the widening global crackdown on money laundering, corruption, and tax evasion. Denmark’s plan follows the commitment by the British government that it would be creating a public registry of the beneficial owners […]
Job agency introduces specialist accounts training
(CNS Business): As local people continue to face an uphill struggle to find work, fourteen job seekers completed a Colour Accounting training course recently via the National Workforce Development Agency, which experts say will help them in their job hunt. Described as a “revolutionary new way to learn accountingâ€, the course was sponsored by the […]
Tour operators grizzle over weekend sandbar rules
(CNS Business): Small tour operators say that they are not benefitting from the increase in cruise ships visiting Cayman at weekends because the major operators are getting the bulk of the business as a result of limits on commercial trips to Stingray City and the Sandbar. In an effort to both ease the pressure in […]
New manager for Chamber Pension Plan
(CNS Business): The Chamber of Commerce Pension Plan has appointed Randall Fisher as the new director of operations, and Paul Schreiner has been elected to be the next chairperson for the Board of Trustees. Fisher, who has been serving as the acting office manager since July, has over 25 years of experience in the financial services industry […]
Young lawyer joins Maples’ Corporate Team
(CNS Business): Maples and Calder articled clerk, Kimberly Robinson was admitted as an attorney-at-law in the Cayman Islands by the Hon. Justice Panton on 16 September 2014 before an audience of family, friends and colleagues. Robinson joined Maples and Calder in March 2013 as an articled clerk after completing her Bachelor of Law degree from the […]
Cayman Cook-Off promoted in NY
(CNS Business): Representatives from the Cayman Islands Department of Tourism visited New York City this week to promote Cayman Cookout, the highly anticipated culinary festival which will be hosted by Chef Eric Ripert from January 15-18. While they were in the Big Apple, they also took the opportunity to leverage news of tourism updates and […]
OECD says new deal will end tax havens
(CNS Business): Tax havens will no longer exist in five years as a result of new rules aimed at combating tax abuse, the OECD has said. In the wake of the agreement signed last week by over 50 countries, including the Cayman Islands, Grace Perez-Navarro, from the Organisation for Economic Co-operation and Development (OECD), said […]
Agreement reached over poached channels
(CNS Business) After a lengthy copyright dispute, WestStar’s new owners have landed an agreement with HBO Latin America for the distribution and broadcast of HBO/MAX channels. This agreement comes after the recent take-over of WestStar by telecommunications company Logic. After accusing WestStar of intercepting US Satellite broadcasts and distributing its content to their subscribers, HBO […]
Recent comments