Archive for September 7th, 2016
Trade talks with Honduras ‘sincere’
(CNS): Increasing flights between Cayman and Honduras, organising direct imports from the Central American country and an undersea telecommunications cable were key issues on the talks agenda when President Juan Orlando Hernandez and his delegation met with Cayman Islands officials here last week. Premier Alden McLaughlin said the bilateral talks which started in Honduras last […]
Local women encouraged to pursue maritime study
(CNS Business): Premier Alden McLaughlin has said he hopes to see more young women in the Cayman Islands make use of education-based government funding to consider maritime careers. Speaking at the inaugural Women in Maritime Association Caribbean (WiMAC) conference this week, he said, “This year government appropriated $152 million, or about US$190 million, for education purposes, […]
Bolt signs up as Digicel’s speed chief
(CNS Business): Triple-triple Olympic champion Usain Bolt has signed a lifetime partnership agreement with telecommunications company Digicel as its chief speed officer (CSO). Bolt “will get up close and personal with Digicel customers in a number of ways”, the regional telecommunication company said, as it seeks to capitalise on Bolt’s fame and speed. The unique […]
UK bill to open details on multinational tax avoidance
(CNS Business): A legislative amendment in the UK this week will give the British government the power to publish details of tax payments made by UK-based multinational corporations on a country by country basis, as tax authorities try to clamp down on the abuse of tax laws and aggressive tax avoidance. The change in the […]
DCI steps up oversight of local expat businesses
(CNS Business): The Department of Commerce and Investment has introduced tighter controls to “better uphold” the legislation that governs the regime surrounding Local Companies (Control) Licences. Companies that are created with international and Caymanian partners remain a controversial area for government as allegations of fronting persist. From 1 September, Caymanians who participate in potential business […]
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